Author: Nicholas Geti
Posted: 2012-02-24 at 16:13:15
Those additional fees are gas tax; FICA, which is huge and stops above an
income of $52,000 (I think that is right); house prices falling; graft and
corruption; and on and on.
One additional point is that companies pass all of their tax bills onto the
public through higher prices. No one stops to think about this and I haven't
heard many comments from the politicians on this topic. I think Gingrich
mentioned it once. It should be pounded into people's heads that this
occurs. Maybe someday they will get the point.
In my opinion corporations should never pay any taxes. It is only the final
consumer, meaning you and me, who should pay a tax. That way, every dollar
taken by the government will be obvious to each of us where the money is
going. Politicians will no longer be able to hide behind a cloud while
taking your money. But I am sure even under that system the crooks will
figure out a way to disguise what they are doing.
----- Original Message -----
From: "Ed Leafe" <ed@leafe.com>
To: "ProFox Email List" <profox@leafe.com>
Sent: Friday, February 24, 2012 3:44 PM
Subject: Re: [OT] Now David Brookes is talking
> On Feb 24, 2012, at 2:40 PM, Stephen Russell wrote:
>
>> Past Fox news, or CBS, are there real facts to drive this probable
>> fiction? I am sure there is a lot of bias in this news.
>
> The focus on *income* tax is largely accurate: there is a minimum income
> level for each family size under which you do not owe taxes. However,
> these people pay a lot of federal taxes, just not as income tax. The
> numbers that I have seen show that the lower your income, the larger the
> percentage of it goes to the federal government when you count all forms
> of taxes, fees, etc.
>
>
>
> -- Ed Leafe
>
>
>
>
[excessive quoting removed by server]
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