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To: shoe who wrote (64517)	12/24/2007 7:59:44 PM
From: Charles Tutt	Respond to of 64865

The theory of progressive taxation is well-founded in both utility theory and an examination of who benefits most from the maintenance of an orderly society. It isn't about "punishing the successful." But you're right about the Republicans -- they have evolved (irony to be noted) into a "borrow and spend" party.

To: shoe who wrote (64517)	12/26/2007 12:35:44 PM
From: John Koligman	Respond to of 64865

OT Shoe, your points about the profligacy of the American consumer are well taken. I'm astounded when I look at statistics like debt levels and savings rates for them, yet the party seems to go on and on. I'm less in agreement with you about the very rich, taxation has been increasingly slanted (benefiting them) since Reagan, and at this point when you have billion dollar incomes taxed at 15%, they are basically taking money from you IMO. The argument is always that 'taxation will hurt economic growth'. However, back when Reagan started office marginal tax rates went up over 70% as I recall, and I don't think people stopped trying to get wealthy during those times. Yes the rich pay most of the taxes, but if you look at the stats I posted, they are still pulling WELL ahead when compared to everyone else. We are gonna need to fix the healthcare thing in this country one way or another, and now will face a huge bill to pay for the war and rebuild the Army/Marines. Gonna have to come from somewhere. Best regards, John

To: shoe who wrote (64517)	12/27/2007 6:59:21 AM
From: briank	Respond to of 64865

I couldn't agree more. BUT The fair tax is not a value added tax. Please read the links I posted. The fair tax is a sales tax on Finished goods and services only. It is easily tracked. The tax paid is the actual tax rate - It is that simple. This is probably the most common mistake. People just assume it is a VAT but it couldn't be further from it. Instead of being buried into the final cost it is simply added at the end. Please, please go back and read what I provided. If passed this legislation could make America great again! Brian