On Fri, 6 Aug 2004 15:00:27 -0400, Bryon Daly <[EMAIL PROTECTED]> wrote: > On Fri, 6 Aug 2004 03:51:18 -0400, Erik Reuter <[EMAIL PROTECTED]> wrote: > >Yes, Subchapter S companies pay taxes on profits at individual income > >tax rates. But the bulk of small businesses, farmers and ranchers > >don't make enough to fall into top brackets. They won't pay more under > >Mr. Kerry's plan. And I've never understood the case for taxing a > >farmer, rancher or small-business owner who clears $500,000 differently > >than a corporate executive, lawyer or ballplayer who earns $500,000. > > I'm guessing Bush's argument here is that the $500K <whoever> ends > up paying the tax, and it's the uber-rich $10M CEO/ballplayer that can > hire the accounts to beat paying the taxes. Still, it's a pretty lame argument > to say "well, they'll get around paying the tax anyway, so we shouldn't > bother". > > Honestly - if it's such a certainty that they'll get around paying their taxes > that he can use it as an argument against the taxes, wouldn't a better tactic > be to rework the tax laws to remove those holes? > I heard Bush's argument from the left side several weeks ago when I explained that all the outpouring of support came from the true Reagan fans - those who appreciated a top rate 28% which was a huge, huge cut. He said BS, they have accountants and never pay those rates. I thought that was a stupid argument and hearing Bush say it just confirms it.
Gary -- #2 on google for liberal news "I don't try harder" _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
