SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (84939)11/6/2000 10:10:33 PM
From: Knighty Tin  Respond to of 132070
 
Skeets, The govt. was not sitting on the money. It was spending it like a zero interest loan, which is what I mentioned in my first note. That is one of two reasons for the problem.

The other problem is also an obvious one. It is a regressive tax in that there is a top income after which no taxes are collected. So the Steve Forbes and Bill Gates you talked about pay the same rate as some Dilbert at a big co. That is just nutso.