🚀 go-pugleaf

In article <4q995o$1eb@miso.wwa.com>,
   janik@sashimi.wwa.com (Edward J. Janik) wrote:
>>>: >What is H.R. 3039?  It is a bill indtroduced by Representative
>>>: >Dan Schaefer to replace the Income Tax with a fifteen percent
>>>: >national sales tax.  
>>>
>>>: Ah, the "Let's give the rich even MORE money, screw the poor
>>>: and middle class" tax.
>>>
>>>How does this compute?  If I make 10,000 a year, I would pay 1,500.00
>>>Now If I made 100,000 a year I would pay 15,000 a year. 
>>> Fifteen percent is fifteen percent.
>>>Regards,
>>>	Chris
>>
>>Only if you SPEND everything you make... the more you make, the less
>>likely this is to occur.
>>
>>There are no profits without people.  When someone has more than they
>>can possibly spend, why would they still want more and more?  Ego?
>>A compulsion based on fear?  Nobody becomes successful in a vacuum.
>>Progressive taxation does make sense.  If the poor and the middle
>>class have less spending power, the rich will not make as much.  Plain
>>and simple.  Trickle up.  The only theory that works in the real world.
>>
>>
Well, that's true to a point, but the "rich" spend much more than the poor, so 
the theory is still partially valid.  Furthermore, the rich spend money which 
results in employment for many.

As an interesting side observation, a married person earning $100,000 per 
year, with two dependent children, a dependent wife, and reasonable tax 
planning, will pay approximately $15,000 Federal Tax anyway, and it wouldn't 
take 36 pages of paperwork, and the whole tax department, a large portion of 
government, thousands of accountants/tax preparers, and at least three companies 
who write tax computing software, to make that happen (not to mention the 
hundreds of books on the subject)

Well, that would put lots of people out of work, maybe it's a bad idea after 
all....<(:-

Richard
	


Richard Chalk                   PHONE: 770-992-3700
4330 Sprucebough Drive          FAX:   770-998-3781
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