Summary: Increase tax on the rich, decrease tax on the poor. Predictable I think. Let's get a little less superficial and find out how that would work....
Dana wrote: > But, here's a thought for you. Consider a household to be like a > business. Define what can be counted as a cost of doing business. > Anything above that is adjusted gross income. Tax that on a > progressive scale from oh 5% to 50%. > > Remove the income cap on social security payments. Exempt the bottom > 25th income percentile. > > So I personally know someone who doesn't work because if they did, the combined income of this person and their spouse would raise their income level to a point where they would be taxed more and receive less subsidies from the government. If their subsidies went up (as you suggest) and the taxes above that line also went up, I know they would NEVER work. Do you think this would encourage more of that behavior? If not - why not? > Do away with the alternative minimum tax for individuals and institute > it for corporations. > Which will just be passed through to consumers. If you think it will not be, please let me know how you as a CEO would accomplish this feat of magic. > That's the best I can come up with after a 12-hour shift but it will > do for a start. And I don't expect you to like it. You claim to want > simplicity but I am pretty sure you really mean you want lower taxes > for yourself. > Oh I do want lower taxes for myself. I also want lower taxes for you, and for everyone. What I want is to reduce the total amount of money required to run the Federal government. Your solutions do nothing towards that. They just shift the tax burden to a different group of people. And I have no idea what shifts you work, but if you'd like me to start tracking them for the list I can. -Cameron ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:253429 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
