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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Whist who wrote (55038)10/31/2000 1:14:02 AM
From: RON BL  Respond to of 769669
 
How does it feel to know the IRS went after a lowly waitress making 10K a year

How does it feel to know that Chineese missles are aimed at your head because these guys wanted power at any cost ? Reagan spent a fortune to give us superior technology and they gave it away for pennies.
By the way I agree with your statement. Nader has this right Do away with corporate welfare and the best way is to make a flat tax. As long as they can be bribed they will give tax breaks to the affluent.
Isn't that what Gates said. His only crime was not paying the dues to the party ?



To: Mr. Whist who wrote (55038)10/31/2000 8:36:15 AM
From: kvkkc1  Respond to of 769669
 
How many people does Motorola employ? How much tax do they pay? More than you or I. knc



To: Mr. Whist who wrote (55038)10/31/2000 10:09:10 AM
From: Bill  Respond to of 769669
 
That's a red herring and you know it. The more a company pays in salaries, the less taxable profit it makes. (Duh.) The company's tax burden is thus shifted from corporate income tax to payroll taxes. Either way, the government makes out like a bandit.



To: Mr. Whist who wrote (55038)10/31/2000 4:35:25 PM
From: Joe Btfsplk  Read Replies (2) | Respond to of 769669
 
One step toward a better society would be dropping the fiction that corporations pay taxes. Corporations don’t pay taxes. People pay taxes.

The average zhlub can figure out what he’s getting nailed with withholdings, maybe figure out that sales taxes over a lifetime diminish his ability to get more stuff with less work. With a little thought, the same schnook might figure out that he’s supporting a parasitic government with confiscations hidden in every level of production of the stuff he and his want.

We’ve developed two ways to get richer: economics; earn it, or politics; steal it. Wealth gained through economic action gets there by satisfying consumer demands, much of which can’t be foreseen. Riches gained through politics interferes with the feedback mechanism, where consumer spending directs the means of production in a constant looping discovery process.

When more capital is put in economic endeavors, it also creates opportunity for others to have real jobs that allow them, in turn, to earn their stuff. This is of particular benefit to those at the trailing end of the bell curve.

In the wacky world of the left, taxing investment capital is just sticking it to an imaginary minority of fat cats. In reality, it’s diminishing future opportunities, with the burden falling heaviest on those who need them most.