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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (6266)	10/6/2000 4:54:38 PM
From: freeus	Respond to of 65232

Statistically the "rich" pay almost all the tax. There is a large class of people that pay no tax (which is ridiculous: of course they will always bote to tax the rest of us) and some who get back money they never paid in. What gripes me the most at the moment is all this nonsense about "surplus"; THERE IS NO SURPLUS....Congress uses Soc Sec money to make believe we have money that actually belongs...or should belong...to them from whom it was taken. Oh well what else is new? Freeus I sure hope we have a bull end of the the year...I'm beginning to think these folks that are only in the market for a few months a year are righter and righter the crazier the market becomes.

To: SecularBull who wrote (6266)	10/6/2000 5:20:33 PM
From: Jill	Respond to of 65232

I agree, a flat tax, simplify it--nobody can understand the tax laws, especially when you start considering equity options its one big mess

To: SecularBull who wrote (6266)	10/7/2000 9:40:33 AM
From: snowbird	Read Replies (1) \| Respond to of 65232

I used to work with a tax CPA that had a photocopy of a federal tax return from the early 1900s. It was a simple well spaced form with a simple tax. Anyway, the software I use now for federal taxes is developed by 26 CPAs. Additional CPAs offer audit protection. Software revisions are downloaded several times prior to filing for the latest interpretations. I figure I spend about 3 hours per week on tax related concerns: filing, record keeping, research etc. PS I used to have a professor that said if the tax code is to encourage/discourage behavior then the less you make the higher your taxes should be. snowbird@emperialistcapitalistpig.com