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To: Slava Chechik who wrote (21074)7/25/1999 3:42:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99985
 
Slava. I would beg to disagree, a person making $20,000/year buys something with every single penny he makes, thus pays taxes on all his income, a person making $1 MM per year could not eat enough steaks to consume all that money, and even if extremely profligate in his spending will spend maybe 80% of this and pay no taxes on the other 20%, you think that it is fair that when his kids then go to subsidized colleges (all colleges are), they would be subsidized from the taxes paid by the guy that earns $20 K and his kids have only one chance in tea to see the inside of a college?

Zeev