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


To: miraje who wrote (416787)6/19/2003 3:37:42 PM
From: JakeStraw  Read Replies (1) | Respond to of 769667
 
JB, American Schoolgirl must be mentally challenged...



To: miraje who wrote (416787)6/19/2003 4:30:55 PM
From: American Spirit  Respond to of 769667
 
Just go back and look at the 1920's. The rich did not have to pay much of any taxes back then. It was an era of hugely wealthy families and everyone else struggling along. The masters and the servants. Huge castles in Newport Rhode Island. The Great Gatsby era.

The Rockefellars alone owned St. John Virgin Islands, the best parts of Maine and had so much money they could almost control the government. Only when taxes were raised did they have to give those properties to the people, creating two wonderful national parks and more, because of estate taxes. Get rid of estate taxes and the rich will just get richer and richer and richer and the rest will fall farther behind. I am for estate tax breaks for middle income people, but not for the rich. That robs the current government of revenues and robs the middleclass of services. It also creates more and more debt and its not stimulative to the economy at all, unless you're in the yacht or limo business.