The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (13904)	9/24/2003 4:16:59 PM
From: PerryA	Read Replies (2) of 306849

i'm straightforward in my view. the top 5% of the folks pay about 70% of the taxes. the steve forbes and hannitys of the world point this out ad nauseum. what they don't tell you is that the same 5% owns about 70% of america's stuff! That sounds plausible, but I'd be interested in some hard statistics if you have them. And so why not instead tax the "stuff" and not the income? If one of the principle functions of government in a free society is to define and enforce (i.e., protect) property rights, then why not pay for this service in proportion to one's property? Regards, PerryA

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