Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: benwood who wrote (98686)	4/29/2003 4:06:08 PM
From: TimF	Read Replies (1) of 132070

Then there's the tax on spending, which is another 15-25% of my tax each year. What is your state's sales tax? Also most taxes on spending are at the state level not the federal level. If you think they are too high complaining about Bush or congress won't help. Re: Gates -- don't forget that a lot of people at the bottom have zero net worth. Fine, but even if the bottom 25% have a net worth of $0 in total. That means that the 25th to 50% would have to have a net worth of $640 each. That seems unlikely. Some of them would have zero, a few negative after debt but many own homes with a decent amount of equity and retirement accounts. Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next