SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (694071)7/26/2005 10:03:20 PM
From: Wayners  Read Replies (1) | Respond to of 769667
 
Except for those with no income and all assets..a lot of assets or a lot of unrealized capital gains.



To: Peter Dierks who wrote (694071)7/27/2005 5:42:09 AM
From: JDN  Read Replies (3) | Respond to of 769667
 
Forbes has been on this flat tax thing longer then anyone I know. He says with GENEROUS allowances (family of four would pay NO TAX up to 46,000 of annual income) we could get by with 17%!!
My personal preference is a VAT tax cause I would like to capture the underground economy in tax revenue, but I would prefer the flat tax similar to Forbes comments over what we have today. jdn



To: Peter Dierks who wrote (694071)7/27/2005 6:57:54 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769667
 
"No taxation without respiration."

Corporations don't 'respire'... but they are treated as 'individuals with infinite life' under US law, ever since a SC decision at the beginning of the 20th. Century.