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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?

To: tsigprofit who wrote (5474)	1/7/2004 11:45:53 AM
From: rrufff	Respond to of 20773

It's funny how both sides do the same thing pretty much but make the rhetoric sound as if they are poles apart. It's kind of like SI postings in a way <lol>. We are all for taxing the rich and I agree with you. The problem is that both parties will wind up taxing you and me. I can't speak for you but I'm not rich in today's world. Yes, I make a good living. But - when I see rich gouging their corporations for 7 figures or more, paying little taxes, even while their stock flounders, I wonder. Who gave these tax breaks that exempted these scoundrels but left enough in the code to make sure that I spend a good part of my day and money with what one supreme court justice called a page that looks like ants crawled over it. Every time there has been a tax reform, my return has become more complicated. Every time there has been a tax cut, I have paid more TOTAL tax. Democrat, Republican, liberal, conservative, it doesn't matter. That's why the voter is turned off when he hears "tax the rich." They know it means "tax me." Take Estate taxes. Now a $2 million dollar estate might sound like a lot, but in today's world, it's not much more than a house and a few shares of stock in parts of the US. The Repubs bluster that they want to eliminate the estate tax. The Dems say we can't let the "rich" off scot free. So do they compromise, as you and I or Dale would do, on say $10 million? Nah - they leave it up in the air, making money for accountants and lawyer and booksellers. Common sense, moderation - I can't understand why they can't sit down and pick a number and still tax the really rich. I read a piece in the Boston Globe over the past week that there are hundreds, maybe 1000's of tax free foundations, set up in the code supposedly for charities, that are really conduits for the super rich. The enforcement level is so low, either for lack of manpower or desire or both, that billions is being pilfered. Beyond that, there is actual fraud as charities are not getting the money that is promised even on the surface. Anyway a long rant on your "tax the rich" because I agree with you. I can't afford to be rich though.