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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Big Bucks who wrote (7802)	10/28/2003 8:09:19 PM
From: Cary Salsberg	Read Replies (1) \| Respond to of 25522

RE: "A family making $30K would pay $3000, a family making $1.95M would pay $195,000 in Federal taxes...." You use the word "fair", when you really mean proportional. The first family can't afford health care on $27K a year, while the second receives a tax free benefit of full health care. The first family rents a 3 bedroom apartment, while the second deducts $500K mortgage payments on a $10M estate. You don't want a flat tax on income, you want a flat value added tax on expenditures with exemptions for food, basic shelter, minimal clothing allowance, minimal utility allowance, education, and medical care.