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Politics : PRESIDENT GEORGE W. BUSH
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To: DuckTapeSunroof who wrote (705893)10/6/2005 12:50:45 AM
From: Peter Dierks  Read Replies (2) of 769670
 
LOL Buddy, and not with you.

You wanted proof that you support triple taxation because you prefer to be belligerent rather than forthright.

Message 21700096

"MY FULL POST:

I too support a flat tax rate, taxing ALL SOURCES of income at the same rate, and the elimination of all (or as many as we can) loopholes.

The same goes for CORPORATE income taxes. Since corporations in the US are legally considered to be INDIVIDUALS (with 'infinite life') I see no reason for a complicated system of 'special tax preference items' and exemptions to apply to them. I believe the single individual AND the corporate tax rate should be exactly the same"

There is double taxation of the same event. You propose taxing a corporation for earning income and then the individual for receiving their share of it.

Message 21598447

" My REAL reason is that I believe a well-designed (not too high rate, high wealth threashold to trigger) estate tax produces FEWER HARMS to society and the national economy then EITHER taxes on WAGES, or taxes on CAPITAL GAINS or INVESTMENT EARNINGS."

Taxing the estate is an additional tax on assets accumulated with after tax income. Two plus one equals three every time. Proof that Buddy suports triple taxation.

You can now apologize for calling me a liar when you have been some what truth challenged.
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