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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Elsewhere who wrote (3177)	10/18/2001 11:25:36 AM
From: Ahda	Respond to of 24758

If we change the code of tax laws the end result would be i feel more beneficial for the all. I feel a 10 percent float could be absorbed by all. If the ten cents on the one dollar seems prohibitive to terms of 100 on the thousand spending power, people will find a way to use what they have wisely. If there is war on wealth there is also in the moderate income a war on poverty. Here the moderate feel that the poverty level has much greater advantage due to social programs than they do.

To: Elsewhere who wrote (3177)	10/18/2001 11:26:19 AM
From: ahhaha	Read Replies (1) \| Respond to of 24758

A 10% flat rate increases government revenues. WW1 and WW2 were waged when the tax rate was at or below 10%. The lower the tax rate, the more taxes the rich pay. The majority of the rich don't want a lowering of taxes. They fear it tends to make them common. More money for them just goes more into investment with the undesirable result, at least in their eyes, that the wealth of the low and middle incomes rises. If that process persists which it unavoidably does, then the line dividing the elite and the common becomes diffused. When you have money that's the last thing you want to occur.