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In lugnet.off-topic.debate, Scott Costello writes:
> ...the looks of it there will be some tax relief across all brackets.
"Some"? Might want to check those facts, Costello.
> Now that it looks like it is finally going to pass, Democrats will claim
> that it only benefits the rich, and that is partially true, but since the
> rich pay the majority of the taxes, I dont see how it could be otherwise.
The extravagantly wealthy have access to loopholes and other measures that
negate their taxes. See previous postings in this forum by yours truly.
> I dont want to update or revise the system; I want a complete reset.
Totally agree.
> Will the government continue to take in as much revenue as it currently
> does?
No, revenue collection will increase until americans will no longer just sit
there and take it.
> The next piece to this puzzle is to make major deep cuts in governments
> spending on programs and foreign aid. Get the public sector completely out of
> the business of health care, insurance, social security, utilities, and all
> other things it does less effectively than the private sector. Put a
> moratorium on all foreign aid, especially to countries that hate us.
This whole section makes me wonder how you can defend the current
administration on any basis. Shrub has increased the deficit cap, or hadn't
you noticed? Plus the whole Iraq thing is fully at the expense of the
american taxpayer. Frankly, what the heck are you talking about? You can't
have your bloody war and then NOT pay for it too.
> ...it just continues to get bigger and bigger until it is unmanageable.
It is already unmanageable -- but that is beside the point.
Govt. will increase and expand its role until it has total control. Read
your Washington, Jefferson, Jay, Madision, Hamilton, and Franklin all over
again.
It's all right there -- now as in the beginning.
-- Hop-Frog
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Message has 1 Reply: | | Re: Tax relief?
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| (...) No I checked the latest bill pretty thoroughly, and all brackets recieve relief, actually if the original plan for marriage penalty relief was still in force I would pay almost no federal income tax at all. (...) Exactly, which is why I want (...) (22 years ago, 19-May-03, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Tax relief?
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| Alright, time for me to stop defending this administration and to voice my opposition. It looks like tax relief is finally going to be passed, and from the looks of it there will be some tax relief across all brackets. Those are the good things, I (...) (22 years ago, 16-May-03, to lugnet.off-topic.debate)
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