I still think a flat tax without any deductions works. A man making $1,000,000 should pay 10 x in real dollars as a man making 100,000. A man making $30,000 pays $4500, and man making $1,000,000 pays $150,000.
I think that would take out some resentments on both sides. The rich can't get any crazy tax shelters, the poor can't take a free ride.
Why should a man making $12,000 a year pay no taxes at all?
--- Virgil Bierschwale <vbiersch at ktc .D.O.T com> wrote:
> I'm not the enemy michael as I agree with you. > I've been on both sides of the coin and life was a lot easier > when I was > making 12,000 a month then now when I'm making 5 - 10,000 a > year. Funny > thing is though, I still live about the same, I just don't have > the money to > buy the toy's, etc. that I may want or think I need. > > To me, the definition of wealthy is when your assets and > investments allow > you to continue making money without you having to work for > someone else at > a mindnumbing 40 - 50 hr a week job where you probably spend a > good many > hours commuting on top of the work. > > > Virgil Bierschwale > http://www.itspasttime.org > > > -----Original Message----- > From: profox-bounces@leafe.com > [mailto:profox-bounces at leafe .D.O.T com] On Behalf > Of Michael Madigan > Sent: Saturday, July 31, 2004 12:36 PM > To: ProFox Email List > Subject: RE: [OT] Empathy for Republicans > > I know a ballplayer making 2 million a year thinks he's poor > compared to a > ballplayer making 24 million a year. > > The median household income in NJ is 60,000. What is > considered wealthy? > 120,000? 180,000? 240,000? I don't know. But there are > people in NJ > making 100,000,000 a year, so clearly making 200k is no where > close to > making 100,000,000. > > --- Virgil Bierschwale <vbiersch@ktc.com> wrote: > > > Actually michael, you would be surprised. > > I'm probably the only one in my whole family that broke the > 40,000 > > barrier, let alone the 140,000 barrier <grin> > > > > There is a whole world out there that makes less than 40,000 > with both > > partners working and they have raised and supported a family > on it. > > > > If that's not poverty, I don't know what is, but you wouldn't > hear > > them think of themselves in that way. > > > > We get so used to our "narrow" perception of reality because > we live > > in a area of like minded people who tend to go to the same > areas that > > other like minded people go too. > > > > Get out sometime and ask that pretty veternarian or the local > county > > clerk what they make for a living. Believe me, you will be > surprised > > <grin> > > > > By the way, I'm not saying we shouldn't try to do better as > I'm very > > motivated when it comes to bettering my situation. Its just > that I > > have also learned that the best things in life are not > things. > > > > > > Virgil Bierschwale > > http://www.itspasttime.org > > > > > > -----Original Message----- > > From: profox-bounces at leafe .D.O.T com > > [mailto:profox-bounces@leafe.com] On Behalf > > Of Michael Madigan > > Sent: Saturday, July 31, 2004 11:06 AM > > To: ProFox Email List > > Subject: RE: [OT] Empathy for Republicans > > > > You must be retarded. > > > > > > --- Kristyne McDaniel <newsbox at mcstyles .D.O.T com> wrote: > > > > > Michael, > > > > > > > I live comfortably now, but I am not "wealthy". > > > > > > Apparently you don't know when you are well off. If doing > > better than > > > more than 98% of the rest of the population doesn't let you > > feel that > > > you are doing well, then I pity you. > > > > > > Best regards, > > > > > > - Kris > > > > > > www.shamrocktrails.com > > > > > > > > > _______________________________________________ > > > Post Messages to: ProFox@leafe.com > > > Subscription Maintenance: > > > http://leafe.com/mailman/listinfo/profox > > > OT-free version of this list: > > > http://leafe.com/mailman/listinfo/profoxtech > > > ** All postings, unless explicitly stated otherwise, are > the > > opinions > > > of the author, and do not constitute legal or medical > advice. > > This > > > statement is added to the messages for those lawyers who > are > > too > > > stupid to see the obvious. > > > > > > > > > > > > ===== > > If the election were held today, who would Osama Bin Laden > vote > > for? > > > > A. John Kerry > > B. Ralph Nader > > C. George Bush > > [excessive quoting removed by server]
©2004 Michael Madigan |
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