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Non-Tech : Who Really Pays Taxes? -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (392)8/17/2000 12:30:30 PM
From: Les H  Read Replies (2) | Respond to of 666
 
Net worth would also be bogus as a measurement. You can't really class someone who has $ 500,000 in net worth after forty years of work and savings in the same group as someone who has parlayed options after 5 to 10 years of work. In the first case, much of the buildup was helped by the accumulated impact of inflation. Much of net worth has already been subjected to income taxes in past.



To: Lizzie Tudor who wrote (392)8/17/2000 9:36:19 PM
From: briskit  Read Replies (1) | Respond to of 666
 
If I understand your point, it's that government doesn't take all our money. We are left some which can become assets if invested wisely or luckily. Maybe some people come by assets through other means, but as far as I know somebody acquired them and paid taxes. When you die the government takes a bunch of the assets you have left, on which you already paid taxes. That seems right and fair. I think much of the tax system is very hypocritical thievery. The right Reverend Jessie Jackson said in his speech the other night that what Dems are about is "resource distribution." That is in fact what it's about, taking it wherever you can get it and selling it to prospective recipients by means of some noble moniker. Who doesn't like a freebee, especially when cloaked in such noble verbage, and only at the expense of the slime-ball rich?