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

To: gerard mangiardi who wrote (659546)	11/11/2004 9:12:36 AM
From: tonto	Read Replies (1) \| Respond to of 769670

Kenneth had made another stupid poorly thought out comment which only wasted time. If tax cuts are so great, why not eliminate all taxes? My reply pointing this out. As ro your post, you are closer to what needs to be rationally discussed, but must impose another point to come up with an answer. How much shall we grant the government to operate? Controls must be placed on government spending, and we must cut where possible. The question is what is an optimal tax rate and tax structure. Right now it is pretty obvious that the feds aren't collecting enough taxes. Should we tax labor or wealth? Have a flat tax or graduated tax. An income tax or a sales tax.

To: gerard mangiardi who wrote (659546)	11/11/2004 11:36:06 AM
From: JDN	Respond to of 769670

Dont tax me, Dont tax thee, Tax the man, Behind the tree!! jdn

To: gerard mangiardi who wrote (659546)	11/11/2004 12:10:44 PM
From: DuckTapeSunroof	Respond to of 769670

How about taxing all sources if income at the same rate, and eliminate nearly all loopholes, then lower the rate by the same amount recaptured from loophole elimination? Get the government out of the business of picking the winners and losers. (And: why should the tax code FAVOR debt over all other forms of financing, like retained earnings, equity issuance, etc.? Eliminate that preferential loophole too. After all, aren't we trying to get America's savings rate up? Why encourage debt with special tax breaks?)