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On May 28, 12:43*pm, "Sid9" sid9@ bellsouth.net wrote:
The wealthy don't pay their fair share. This is true, but you haven't a clue why it's true! You just buy the standard saw that if there is a pile of money wsomewhere is OUGTH to be stolen. That's the problem. No. The problem is two fold. 1. taxation is not fairly done. 2. The fox is running the hen house when it comes to spending taxes. Wealth is not taxed. So your idea is that one must pay a yearly fee for the privilege of keeping what you actually worked to earn. If you don't pay your "rent" on your propery, it gets taken (stolen) from you. (See first rule) Interest is taxed at only 10% whereas, if your work for your money it can be taxed as high as 33% There are two ideas here. One is that taxes should be fair. Say a fixed percentage of income, sales price etc.. The other is that tax rates can be manipulated to do social engineering. One can tax "needy" people less and "undesirable" people more to induce behavior in various directions. The problem is once again fairness. Who is setting the rules? Usually "needy" means the friends of those making rules and "undesirables" means enemies of those setting rules! Raising their taxes will have them paying their fair share of the cost of government Why just raise taxes? Why not kill them all and take everything they own to pay off the national debt? We are all pretty much getting away from the rule of law anyway. I'm sure all the "poor" will be for this plan. |
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