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


To: Bill who wrote (175162)8/28/2001 10:00:56 AM
From: cAPSLOCK  Read Replies (2) | Respond to of 769670
 
If you deducted a home mortgage, you too used a tax "loophole", one that is not available to business.


This is why I am in favour of a simple, and hopefully FLAT tax.

This is also why I am afraid that we will never see one. At least not for long.

I would be willing to give up my home deduction and ALL OTHER deductions for a flat tax.

The BEST way to make sure that 'the richest 1%' pay their fair share is to LOWER the percentage and SEAL OFF **ALL* THE HOLES.

Living up to my name,
cAPSLOCK



To: Bill who wrote (175162)8/28/2001 11:47:35 AM
From: Mr. Whist  Read Replies (2) | Respond to of 769670
 
If a company makes more than a billion dollars in a given year, it ought to pay federal taxes. Simple as that. You can put any kind of spin on it you want, Mr. Big Business Bill, but the bottom line remains that companies that rake in big bucks also need to pay taxes.

For the sake of objectivity, why don't you see how much Pepsico has contributed to the Republican Party the past five years, then compare that with the amount the company paid in federal income taxes.

Then we'll let the people decide whether I have a case when I deplore the obscenity of the big-business tax structure.

Or, to put it another way, if companies like Pepsico can escape a federal tax burden, then who ends up paying more? Why America's middle class ... the working people, that's who.