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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (43419)	3/9/2001 2:51:09 PM
From: Cary Salsberg	Read Replies (2) \| Respond to of 70976

I want to discourage huge income disparities between the powerful and the weak. I can not imagine a rational basis for receiving $895M in stock options other than power. I am not taxing wealth, I am taxing income. If you earn $100B a year, you get to keep >$30B. That is wealthy. It is not easy to move to other parts of the world as long as the US is the world's major market.

To: Ian@SI who wrote (43419)	3/9/2001 5:03:34 PM
From: LemurHouse	Read Replies (2) \| Respond to of 70976

<<<Cary,IF you want to discourage something, then you tax it.>>> Right on the money Ian, as usual! In fact your comments caused me to have a sort of epiphany: Consider for a moment the disproportionate levels discouragement that has been given to the "rich" through "progressive" estate taxes. Don't you see? The structure of the death tax is actually meant to HELP rich people by discouraging them from dying! And they are receiving an unfair and disproportionately larger amount of this help than are the rest of us! Its clear that the gummint cares more about discouraging rich people from dying than it does about poor people! Its just ANOTHER instance of the rest of us getting screwed by the capitalist elite! ; ) Tough day in the markets. Have a good weekend everyone. AD