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Politics : PRESIDENT GEORGE W. BUSH
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To: Peter Dierks who wrote (701773)9/13/2005 6:29:08 PM
From: Kenneth E. Phillipps  Read Replies (2) of 769670
 
Peter, I earn income from my occupation and the Government levies an income tax. Then the Feds also assess a SS tax - the second tax. I spend the money and the state assesses a sales tax - the third tax. I receive some of the money back in my SS tax and it is again taxed - the fourth tax. I save some of the money and, if I am wealthy enough, the Feds impose an inheritance tax - the fifth tax.
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