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

To: DuckTapeSunroof who wrote (698204)	9/3/2005 4:34:08 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 769669

Death Tax: "It has taken millions of family farms. It has caused the premature sale of perhaps millions of family corporations." PROOF?????? You sound like the FDA asking for double blind studies to prove science that is so well known it is in medical textbooks. I suggest you look at the 10-K for Bershire Hathaway. It is filled with dozens if not hundreds of examples over the last several years. It is simple, death coming at an an unknown future date will take roughly 40% to 50% of a family farm or company's capital. The scion sells when the market is right rather than risk the loss to the tax man. No taxation without respiration! "A simple flat wage tax would work." Amen! If you could eliminate most of the special interest loopholes, and tax ALL INCOME (regardless of source) at the same rate, an 'income' tax, not a 'wage' tax... I'd be aboard with that proposal in a FLASH! Less taxation is better. There are very few services that the federal government performs better than individuals or organizations. Even social services are delivered more effectively and less expensively through organizations like soup kitchens and local shelters.