Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: jttmab who wrote (15319)	10/7/2002 11:32:09 AM
From: MSI	Respond to of 93284

Brilliant.... One tax model would be to consider government spending to be a services industry Once you began full accountability over the web, the next step is to look at the OUTPUT of this service. Leave the tax structure alone for the moment to avoid legislative problems, just do the accounting of what each of us is liable for, and more importantly, what we actually get. Itemize that by each department in government. Then let the departments fight it out among themselves to convince us of their worth. LOL! I'm sure we would all be amazed at what little we really get, other than millions of bureacrats justifying themselves.

To: jttmab who wrote (15319)	10/7/2002 12:51:56 PM
From: bearshark	Read Replies (1) \| Respond to of 93284

The rate was 70 percent and it kicked in well into the 6 figure range. Here is a list of the old tax rates. taxplanet.com The issue of taxation is complex and I try not to think about it. I pointed out the tax rate prior to Mr. Reagan because I think lowering them was a positive contribution of the Reagan Administration. However, I don't know what rate is just right. The 70 percent rate seems too high to me and the earlier rates in the 1950s seem even worse. I like your suggestions but I do not know how they would affect the economy. I like the idea of a flat tax rate that can be adjusted for current economic conditions. However, I don't think the real estate and home building industry would allow it to happen. As a result, we are stuck with some version of the current mess. Watch Mr. Bush tonight--if you can--and view him as a politician. He is interested in the issue he will talk about and will make a simple presentation that the average citizen will understand. Many of us don't give him credit because he looks a bit sappy. He isn't. He understands his strengths and weaknesses and takes advantage of both. I am just now appreciating his competence as a politician.