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Politics : Politics for Pros- moderated

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To: John Carragher who wrote (243660)	3/27/2008 10:37:44 AM
From: Peter Dierks	Read Replies (2) of 794009

As I have written many times in the past, the problem is not the form of taxation, it is the level of taxation. When a business is taxed they do not absorb the cost, they pass it through to their customers. What is the true tax level of those people? Nobody pays no taxes who spends any money at all. Perhaps at 30% the net tax rate would be similar for most people They could exempt whole categories such as food an rent, but everything that is left out will increase the net rate for everything else and eventually will be taxed anyway. The federal government is already to large. I think if we keep going the way we are the US will not exist in a hundred years.

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