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

To: Nadine Carroll who wrote (129652)	2/28/2001 12:50:34 PM
From: Neocon	Respond to of 769667

Yes, it is fair. The wealthier person still pays more. There is no point to progressivity except a lame attempt at redistribution.

To: Nadine Carroll who wrote (129652)	2/28/2001 12:56:15 PM
From: Srexley	Read Replies (1) \| Respond to of 769667

"Scott, if you have not been able to move expenses such as car leasing into the business and deduct them, lower the business profits, its taxes, and its payout to yourself, then you should change accountants." Wow, a whole new level of taxation. I did not realize that you felt businesses should not be able to write off BUSINESS expenses. As a refresher for you: Revenue - expenses = profit. Profit is taxable. Income (which is an expense to business) is taxable. I did not realize just how socialistic you are. The business guy/gal should pay taxes on his/her expenses in addition to the corporate profit and income tax. Oh well, get in line and ask for your handout. You will do fine, I am sure.

To: Nadine Carroll who wrote (129652)	2/28/2001 1:02:09 PM
From: Srexley	Respond to of 769667

"Do you think it's more fair to tax a worker who earns $20,000 a year and cannot afford rent and food as it is at the same rate as someone who earns $500,000 a year?" No. As you said the top 1% pay 21% of the taxes. They are more than pulling their own rate. I would bet that the top 1% gives more than 1% of charitable contributions also. AGAIN - what should the top rate be iyo? ONE THIRD of their income does not satisfy you. Is the current 39% the top, or should it go even higher? In CA we have about a 10% state tax and 8% sales tax and 1% property tax to ADD to that 39% rate.

To: Nadine Carroll who wrote (129652)	2/28/2001 1:09:33 PM
From: willcousa	Read Replies (1) \| Respond to of 769667

The best answer for the $20,000 earner is not to tax him or her at all. The Bush tax plan in spades!