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Politics : PRESIDENT GEORGE W. BUSH
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To: Peter Dierks who wrote (702475)9/19/2005 5:35:18 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
You'll have to take "Buffets logic" up with Buffet... not with me.

I find some of his arguments (for example the hit to charitable contributions he foresees) to be a bit on the weak side.

In my opinion, the demonstrable good of preventing the emergence of an ever more plutocratic society (often near-synonymous in history with degeneracy, and with lower levels of national strength and lower levels of innovation, and national freedoms) are far better arguments for maintaining a reasonable level of taxation on the inheritance of very LARGE levels of accumulated wealth... as opposed to the greater harm and the lesser good that would be visited upon society by higher levels of taxation upon income or upon consumption... or upon the working, productive, middle classes of America... which has long been one of the shining lights of our society. and the backbone of our Democracy.
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