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To: Maurice Winn who wrote (46253)	2/14/2004 9:05:17 AM
From: Seeker of Truth	Read Replies (2) \| Respond to of 74559

Hello Maurice, A fixed %, say 20% of income taxed away could be catastrophic for a poor person and a non-event for a very rich one. Emotion propels your analysis, not mathematics. The investment correlation here is "are the governments which favour a graduated income tax crazy or not?" If they are stark raving mad then we see huge country risk. In fact, most governments that levy income taxes do so in a graduated way. Either they are genuinely sympathetic to the plight of the poor or they wish to project such an image. I live in a country with habeas corpus. I'm unlikely to be suddenly arrested for I have no idea what, and tortured month after month to compel a "confession" unrelated to the truth. So every April I am grateful and happy to pay my income tax, every penny owing, though the % is higher than poor people pay, which in Canada is usually zero.

To: Maurice Winn who wrote (46253)	2/15/2004 10:32:35 AM
From: Cogito Ergo Sum	Respond to of 74559

HI mq, While I am certainly less grateful than Malcolm wrt paying my income taxes I agree with him on the flat tax. I like consumption or luxury taxes better with some appropriate exempt items like basic food and some reasonable amount on clothing (no not caviar, wine and spirits... or designer clothes Beemers or HUMVs ..(0:..) Savers and those in low income groups would not be as stressed.. Looking at how governments pi$$ away our dough and doing something about it would be more productive though all around methinks.. There may simply not be as great a tax requirement... BTW it's typically not the rich that need worry as it is the middle classes that seem to be $crewed over more by taxes...... Spots