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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Skeeter Bug who wrote (14099)5/10/2001 9:04:37 PM
From: Chris J. Horne  Read Replies (1) of 42834
 
re: "do you agree that if a group of people own about 60% of the stuff that it isn't unreasonable they should pay about 60% of the taxes?"

The people who own 10% of the stuff pay 60% of the taxes. I think this is as it should be. However, when it comes time to reduce the taxes, those that pay the most should get the biggest reduction. Those that pay no taxes should not get a handout as part of the tax reduction. The benefit of tax reduction should be proportional to the amount of tax paid.
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