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Article #225

Re: Income tax repealed....maybe...

#225
From: Andy Borsa
Date: Thu, 20 Jun 1996 00:00
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In article <vc74to75z8l.fsf@jupiter.cs.uml.edu>,
	acahalan@jupiter.cs.uml.edu (Albert D. Cahalan) writes:
> It is the desire to be rich that drives our economy.  If you make
> it hard to get rich, then people are less likely to try.  It is
> really good for the economy when people start new businesses.
> Why would anyone want to do all that hard work and not get rich?

For the same reason that they would love being part of a communist-run
people's paradise.  They would know that each extra dollar they earn
would be equitably distributed by those with the wisdom and vision to
see the whole picture.  There's also a sense of security in knowing
that, should they get tired from all that hard extra work, they can
just stop and the state will take care of them.  Or it could work out
like the former Soviet Union, where the people pretended to work and
the gov pretended to pay them.  The best of all worlds.

> Don't think you can collect much money from the rich.  There are
> not enough rich people to make a serious dent in the amount of
> tax you pay.  You won't benefit from taxing the rich.  I guess
> you are jealous, which is not good (a deadly sin I think).

Actually, if you simply confiscated the wealthy's assets, they would
fuel gov for no more than a few weeks.  Scary, huh?

OTOH, if we passed a law saying gov could only use assets confiscated
from the rich, gov would only make life miserable for a few weeks out
of the year.  Check - make that one year total.  Maybe I could go for
that.

-- 
    Andy Borsa -- !!!The Universe is discreetly analog!!!
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From: andy@moose.mv.com (Andy Borsa)
Subject: Re: Income tax repealed....maybe...
Date: 1996/06/20
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