But the wealthy do not pay their fair share. They have untaxed muni bonds, cpaital gains, and shelters that are not even counted in your statistics. Money earned by money should be taxe dat the same rate as money earned by work! The effect of the tax on a person should also be considered. A person who pays 15% on an income of $20,000 has a greater effect on his income that a person who pays 35% on an income of $100,000.
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From: steve bork <stevebork@yahoo.com>
Reply-To: vpFREE@yahoogroups.com
To: vpFREE@yahoogroups.com
Subject: RE: [vpFREE] XVP...no income taxes
Date: Sun, 22 Jun 2003 20:40:56 -0700 (PDT)> May be it's time to stop the regressive taxes and
> start taxing those who
> benefit the most. Those with wealth get far more in
> gov't services an dhave
> far more influence.
Did I hear you right?? Those WITH wealth USE far more
government services? Oh yeah thats right...most of
them supplement their wealth with Medicare and
welfare.You need to do a little reading and alot less
listening to people who say the wealthy are
undertaxed.The top 1% of earners pay over 33% of all
federal income taxes and the top 5% pay over 55%.
Why not make them pay 80%? Its not like they earned
it or anything...we may as well steal it from them and
give it to those less fortunate right?
I am NOT in the top 5% of earners yet I think they
carry far too much of our tax burden.Everyone should
pay the SAME percentage of their income regardless of
how much you earn...those who make more pay more(based
on percentage) and those who make less pay less.Steve B
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