Also lets look at two taxes here for a second.
1. Capitol Gains Tax.
a. I make a wage from work. This is taxed as income.
b. I purchase stocks or bonds with some of this wage to invest for my
future. This may be subjected to sales tax (depends on where and why).
c. I chose a good stock and it profits so I sell it. This is taxed again as
a capitol gain, and as income.
d. I start over again, with the same original money which has now been taxed
as much as four times.
This is insane.
2. Estate Taxes
a. I work for 40 - 60 years and do well for myself. During this time I pay
all of my various income tax, sales tax, capitol gains tax, and about 1000
different "luxury taxes" like gas booze and smokes
b. I die
c. The gov't takes half of everything I built for no other reason than it
says so.
Again insane.
F*ck it why work hard?
-----Original Message-----
From: Howie Hamlin [mailto:[EMAIL PROTECTED]
Sent: Thursday, November 20, 2003 1:31 PM
To: CF-Community
Subject: Re: Bush resume
Of course that's part of it - trickle down economics does not work and
never will.
----- Original Message -----
From: Andy Ousterhout
To: CF-Community
Sent: Thursday, November 20, 2003 1:21 PM
Subject: RE: Bush resume
I wonder if this paragraph isn't the real issue.
Lastly, the redistributive aspects of the package are extremely
worrisome. It
seeks to redistribute wealth in the wrong direction, in a very big way,
to the
very wealthiest end of the spectrum. The people who least need a tax cut
in
the U.S. economy are those whose major source of income is taxable
dividends.
The average tax dividend dollar will go to people who are already indeed
quite
rich. In terms of redistribution of income, this is probably one of the
worst
possible places to give money.
And the rest is just cover.
Andy
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