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Politics : Politics for Pros- moderated

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To: aladin who wrote (403748)	1/12/2011 6:23:15 PM
From: KLP	1 Recommendation Read Replies (1) of 794009

I know....I remember that.... But remember, there is a difference between "Need" and "Want".....people don't need huge yachts, but many WANT them, and rather than have all taxpaying citizens pay for them (because of the HUGE difference in income), wouldn't it be better to just slap a tax on those truly expensive ones? I don't think that you and I need to pay for them, do you? This way too, might stop people like Bill Gates Sr, and Buffett and others from saying they "need to pay more tax".....This would let them do just that. The Big problem with my idea is that we can't trust Government to do the right thing..... And trust me, I'm NOT suggesting the middle incomes pay huge tax increases......the lower income doesn't pay any Fed Income Tax, the middle incomes between $45k-$500k pay the HUGE bulk, and the high incomes don't pay as much in total, because there are just not as many of the super rich as there are the middle income people. Note I didn't say the Super Rich don't pay their fair share....They pay plenty, if they don't have it all sheltered. Therein lies the problem....

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