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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (390281)6/10/2008 6:56:21 PM
From: Tenchusatsu  Read Replies (2) of 1577883
 
Al, > My point is that you can't do any of this if make 30K a year. You are describing people who have choices.

I took issue with your statement below:

> The mid wage earners get hit with payroll taxes and are less likely to do any tax management

Who do you think are the "mid-wage earners"? Those making 30-50K a year? Many of them also have home mortgages, you know. Of course with the real estate boom, you've just locked out the next generation of wage earners making 30-50K a year.

Most people have choices. Those that don't aren't taxed anyway except for alcohol and cigarettes. (Why should they be smoking and drinking in the first place?)

> You make my point in your sentence.

Let me ask again: Think increasing the top rate back to 39% is going to make Buffet pay his "fair share"?

The answer will demonstrate the folly of skewing an already skewed tax code more.

Tenchusatsu
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