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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (134534)	3/13/2001 9:17:17 PM
From: tejek	Read Replies (1) \| Respond to of 1589396

Now admittedly the Domino's year where my wife and I combined managed to file on $18k, that was not a particularly wealthy year, but things have improved. What's a Domino's year? ted

To: combjelly who wrote (134534)	3/14/2001 9:44:42 AM
From: TimF	Respond to of 1589396

Other than providing adequately for my family and making my investments for the future, I don't need a whole lot more. If my marginal rate is higher, but all my health care needs are taken care of and/or food and housing is cheaper proportionately, why should that be a big thing? Besides the fact that your tax money is spent to make your food more expensive not less I have several problems with very high tax rates. They might cause the slices of the pie to be cut more evenly but they slow the growth of the pie. Another problem I have is the problem of efficency. In many (but admitidly not all) areas the private sector will be able to provide the same service for less money or better service for the same money. Another problem I have is that of choice. If the government spends the money then even if I am eligiable for its programs I can only get what it wants to give me. I might have different priorities. Also there is the practical (Ted would apparently call it greedy and egotistical) fact that I can make my investments for the future (andtake care of my family if and when I have one) better if I get to keep more of my own money. Finally I object to high taxes on philosophical and ideological grounds. Taxes are stealing or extortion. They are necessary because with no taxes you have no government and thus anarchy, but that only makes them a necessary evil. I would object to the government taking 90% of my money but saying "don't worry we will take care of you", the same way I would object to anyone else trying to do the same thing. Also there is some doubt that government will actually take care of you. Social Security for example might not have enough money to support me in my retirement considering all the baby boomers that will retire before me. Even if I do get money from SS it will be a lot less then I would have gotten from putting the same money in a diversified balanced portfolio of relatively safe investments. It might be less then the inflation adjusted value of the money I put in. Tim