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In lugnet.off-topic.debate, Richard Marchetti writes:
> 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.
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.
> > 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 don’t 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.
Exactly, which is why I want to see the system changed so that it is so
simple, fancy accounting would have no place in escaping taxation. I
personally lean more toward the flat tax system, but would be open to other
simmilar options.
> No, revenue collection will increase until americans will no longer just sit
> there and take it.
This may happen sooner than you think here in California where our Govenor
is supporting a bill to triple our car registration fees to make up for his
lousy financial management.
> 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.
My reason for supporting this administrations actions in Iraq was due mostly
to the actions of Sadam Husein. Sadam was an agressive man, launching war
against neighbors and political opponents. He hide and seek with the UN for
many years, never willing to comply with any resolutions or treaties. You
cannot negotiate with an evil man like that, were he truely innocent of the
things he was accused of why did he not comply and eliminate coalition
justification? I wish he had, I despise war.
Finally one has merely to look at the state of the airline and travel
industries post 9/11 to realize that when people feel unsafe they are likely
to remain in their homes where they feel safe. National security is great
for the economy. As for the cost of the war, yes it is very high, but I am
more concerned about the long standing costs of the grotesque levels of
spending we continue to see, even under a Republican congress. I watched the
Democratic presidental debates last month and just shivered when they were
all throwing out these huge amounts that they were willing to spend on all
their various pet projects. It was almost like a poker game, "I will see
your $15 billion for health care, and raise you $25 billion for prescription
drugs".
But it is nice to see us agreeing on a few more things froggy :)
Scott
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Message has 2 Replies:
 | | Re: Tax relief?
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| In lugnet.off-topic.debate, Scott Costello writes: <snip> (...) The real problem with a flat tax is that lower income lose out the most. To a person making $20,000 a year, 10% means a lot more than it would to a person making $200,000 a year. I (...) (21 years ago, 19-May-03, to lugnet.off-topic.debate)
| | | Re: Tax relief?
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| (...) I am not sure that they are at all related, but I'd rather pursue programs and measures that might actually increase security instead of merely depriving citizens of their constitutional rights or engaging in a frivolous war. "Thousands of (...) (21 years ago, 19-May-03, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: Tax relief?
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| (...) "Some"? Might want to check those facts, Costello. (...) The extravagantly wealthy have access to loopholes and other measures that negate their taxes. See previous postings in this forum by yours truly. (...) Totally agree. (...) No, revenue (...) (21 years ago, 18-May-03, to lugnet.off-topic.debate)
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