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


To: Peter Dierks who wrote (682482)5/17/2005 4:19:22 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
[Of course. And, as I pointed out, there are innumerous ways to achieve either of these.]

"Actually, I just saw the statement. You have not proposed any of the alternatives."

:) Apparently, Peter, either your memory failed, or else you simply forgot to click back one level to my post where I mentioned SEVERAL (but made no effort to claim that it was an exhaustive list... undoubtedly many, many other policy changes are possible):

Message 21322776

[ALL TAXES are 'immoral', by definition.]

"That is a Libertarian philosophy."

No kidding. It's true none-the-less.

"The reason Death Tax is completely immoral is because the money has already been taxed multiple times."

But EXACTLY THE SAME THING CAN BE SAID ABOUT MOST EVERY TAX! So, that is hardly a special condition affecting the Inheritance tax.

Personally, looking at taxes side-by-side, I'd have to say that the inheritance tax has a LESS HARMFUL EFFECT on capital formation then EITHER the wage tax or consumption tax.



To: Peter Dierks who wrote (682482)5/17/2005 6:24:57 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
"Just as President Bush's Social Security overhaul seems to be staggering under its own political weight, one powerful House Republican is taking a contrarian's approach to saving it: Pile on a heavier load."

"House Ways and Means Chairman Bill Thomas (R-Bakersfield) is trying to breathe new life into the Social Security debate by marrying it to a plethora of other contentious issues, among them rewriting the tax code, financing long-term healthcare and shoring up private pensions."

"The strategy is vintage Thomas: No one ever accused the brainy but irascible chairman of thinking too small, or of having too little self-confidence to swing for the fences."

latimes.com