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--- OT Get ready America
"Tax Man" news:42279A67.1030707@thelittleman.net... > Get ready Americans for the biggest screwing in all history. For some time > I have worried that the consumption tax (national sales tax) to replace > our income tax idea would take hold. This would be a nightmare for low and > middle income people. There is more and more talk every day for this. Now > that old geezer Greenspan is saying it is a good idea. He adds that maybe > we should also keep the income tax and have both. Since the consumption > tax would be a rich man's dream, that is probably what we will end up > with. With a consumption tax, the low and middle income earners would pay > all of the tax and the rich man would pay even less. Americans had better > start raising hell with their congressmen and senators now to stop this > before it gains anymore momentum. The only fair income tax replacement > would be a flat tax with the standard deduction and the family member > exemptions and no other deductions or loopholes. Please help spread the > word. It is not a flat tax if you make any exemptions. I could support a true flat tax, but the moment you start making any exemptions you screwed it up. BJ
BJ wrote: > "Tax Man" > news:42279A67.1030707@thelittleman.net... > >>Get ready Americans for the biggest screwing in all history. For some time >>I have worried that the consumption tax (national sales tax) to replace >>our income tax idea would take hold. This would be a nightmare for low and >>middle income people. There is more and more talk every day for this. Now >>that old geezer Greenspan is saying it is a good idea. He adds that maybe >>we should also keep the income tax and have both. Since the consumption >>tax would be a rich man's dream, that is probably what we will end up >>with. With a consumption tax, the low and middle income earners would pay >>all of the tax and the rich man would pay even less. Americans had better >>start raising hell with their congressmen and senators now to stop this >>before it gains anymore momentum. The only fair income tax replacement >>would be a flat tax with the standard deduction and the family member >>exemptions and no other deductions or loopholes. Please help spread the >>word. > > > It is not a flat tax if you make any exemptions. I could support a true > flat tax, but the moment you start making any exemptions you screwed > it up. > > BJ If you have a flat tax without a standard deduction and dependent deductions, the low income family man that barely make it now might as well give up because there is no way he could make it your way. > >
Tax Man says: << With a consumption tax, the low and middle income earners would pay all of the tax and the rich man would pay even less.>> Does anyone ever notice that these OT political whackos take things out of context for their own usage and ignore other parts which go against heir rantings....... For instance, Tax Man somehow forgot to include the following from the same article: " To help relieve the tax burden on low-income Americans, Greenspan said some exemptions might be in order for those in lower tax brackets." "Probably the simplest way is to exclude certain items from the tax which tend to be disproportionately consumed in a lower bracket," he said. Food, clothing and medicine are some of the common items that are exempted from state sales taxes.
Yes, Food, clothing and medicine is all the poor man should have. Everything else should be for the rich man, who by the probably got his riches by walking all over the poor man. blash wrote: > Tax Man says: > > << With a consumption tax, the low and middle income earners would pay all > of the tax and the rich man would pay even less.>> > > Does anyone ever notice that these OT political whackos take things out > of context for their own usage and ignore other parts which go against heir > rantings....... > For instance, Tax Man somehow forgot to include the following from the > same article: > > " To help relieve the tax burden on low-income Americans, Greenspan said > some exemptions might be in order for those in lower tax brackets." > "Probably the simplest way is to exclude certain items from the tax which > tend to be disproportionately consumed in a lower bracket," he said. > Food, clothing and medicine are some of the common items that are exempted > from state sales taxes. Yes, Food, clothing and medicine is all the poor man should have. Everything else should be for the rich man, who by the probably got his riches by walking all over the poor man. >
Tax Man says: < ...........OR by spending his time working INSTEAD of whining............. Start « Previous 1 2 3 Next » Related Discussion: Chinese study results in 40% increase in anti-inflammatory conditions. (2 posts) Boston Scientific defective medical devices (1 posts) Insulin pump OK for preschoolers with diabetes (1 posts) Weight Loss Surgery Can Cure Diabetes (1 posts) Top Discussions From Our Archives Should "fat" be considered an organ in the obese: Study Hair Removal Tips for The Summer! Other Discussion Categories Diabetes Symptoms Health Care Policy Health Care Providers HMO Arthritis Symptoms
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