The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (158025)	10/17/2008 11:51:44 AM
From: BWAC	Read Replies (3) of 306849

<convey that you need to pay more taxes so he can "redistribute" the wealth as he sees fit.> Hardly. The tax changes proposed on a net income of $250,000 equals about $900. Chump change, or should be for that income bracket. And why are you so against a little redistribution of wealth? Estate taxes don't do it anymore thanks mainly to new rules and various detailed schemes to circumvent. Think back in history. As in colonial days. King of England didn't want his wealth redistributed either when the colonies broke away. More modern........Ever see the Biltmore House in Asheville, NC? Breakup of monopolies in the US industrial coming of age history?

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