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To: jim black who wrote (1560)12/23/2000 2:41:57 PM
From: Wyätt Gwyön  Respond to of 74559
 
I thought part of the tax cut plan is to eliminate the marriage penalty, which would benefit the middle class more than the high end. However, eliminating the estate tax should benefit the rich, except for estate lawyers <g>.



To: jim black who wrote (1560)12/23/2000 3:47:06 PM
From: CVJ  Read Replies (3) | Respond to of 74559
 
>> I just puke at the Attourney (sic) General praying publically (sic) before a major announcement, like he never had a clue of separation of church and state.<<

Perhaps you should read the First Amendment of the U.S. Constitution. "Congress shall make no laws respecting an establishment of religion, 'or prohibiting the free exercise thereof';"...

He is still a private citizen and "separation of Church and State" is the spin of the extreme left wing elements.



To: jim black who wrote (1560)12/25/2000 11:08:17 AM
From: Chris J. Horne  Read Replies (2) | Respond to of 74559
 
"And all these idiots hoping for a tax cut (for the rich, who paid for Tweedle Dum's election), the rest of us be damned, particularly those in the so-called middle class"

Your post has the tone of a SoreLoserman!

The tax cuts Bush talked about have a very broad base, and as I recall people under something like $18,000 would not pay any taxes at all.

The marriage penalty and estate taxes are both very unfair taxes. Since most married couples work today, this would seem to benefit most couples...not just the rich.

The estate tax is a very unjust tax, since the money had already been taxed when it was earned, and the rates get go way beyond 50% (Yes, the government takes over half!) Most of the very rich figure out ways around the estate tax. It is only the upper middle class (small businessmen and farmers) that get caught in its web, often not being sophisticated enough to develop an avoidance strategy. The estate tax only make up 2% of the government revenue, so getting rid of it is no big deal. If you figure in a home, life insurance, a couple nice cars, savings and a stock portfolio, you can see you do not have to be rich to pay the estate tax!

With the economy and stock market slipping, it would seem that Bush's idea for a large tax cut is not so crazy after all.

and...what is the alternative...more government "hand out" programs?

As far as tax cuts favoring the rich, of course they do, since the rich pay most of the taxes. But we all get a share of the cut, based on what taxes we pay! The top 10% of the taxpayers pay something like 65% of the taxes. We should be grateful to them for carrying the load for the rest of us, and not carp when they get a break in this time of unprecedented prosperity!