To: PartyTime who wrote (43986 ) 10/8/2000 6:34:28 PM From: Frank Griffin Read Replies (2) | Respond to Thanks, it sounds like you have a wonderful life style. I am a small businessman. We have approximately 100 employees. I am 65 and my son pretty well runs everything. He is empowered to run it so I generally do not interfere but am available whenever he wants to talk. We are successful and have been in business since 1975. I am entrepreunerial and do not like confiscatory taxes or over regulation. I think every person should have an equal opportunity to go for their dream. I believe we should give a hand up and help the truly needy but we should also encourage them to be productive. I believe the democratic philosophy is a more socialistic approach to government and it penalizes risktaking and investment by excessive taxation. I think it is unconscionable the democrats would be against leveling the field on the marriage tax. An analogy of what the Clinton Gore type people remind me of is if you went to the grocery store and overpaid by 20.00 and discovered the next day and went back and they said, "yes, you overpaid but now the money is ours and we are not going to return it." We need a simpler tax code. I cannot do my own taxes. I have to pay around 20000. a year for CPA's just on taxes. Ridiculous for a small businessman. As I said, I have built a small business that is successful. I have spent a lot of money to try to protect it when I die. The confiscatory death tax they say only benefits the rich will catch me, too. I have tried to cover it with life insurance but tell me taxing at 55% of a persons estate is not effectively converting it to IRS ownership at death of the owner. It is my understanding the tax only generates a little less than 1% of revenues and cost nearly that much to administer. Therefore, it is nothing but a punitive tax and a slap at people who have succeeded. Also, all of that estate has already been taxed once and they received the money. I don't know if any of you play poker but if you ran a poker game at your house and removed an amount from each "pot" for the house and if you play long enough the house has ALL the money. That is the same thing with a power hungry, centralized, high taxing government. Gore once said he would like to tax at 85%. He would like to give you an allowance, and then take care of your basic needs and have you bow to him and his cronies. That's a little of where I come from.
