Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: ild who wrote (1428)	5/17/2003 9:36:39 PM
From: yard_man	Read Replies (1) of 4913

nice post by Heinz there w.r.t. taxes -- I agree. I'm basically for any and all tax cuts -- taxes are too high on everyone in the US -- it's not like they will ever cut spending -- not making the tax cuts won't reduce the deficit. I also liked what Jimmie Rodgers said in a recent interview that was on YHOO -- taxation emphasis is backwards -- would be better if it were shifted toward consumption and not against savings as it is currently configured. 'Redistributionists' would cry foul calling it regressive, but I think it would actually be more fair and surely more conducive to capital formation In the larger scheme of things -- monetary pumping under the system of fractional reserve banking is really hidden taxation -- until we have honest money, taxation is mostly about restricting private control of the real underlying resources, i.e. taxation is only partly to do with funding government expenditures.

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