On Sep 11, 2008, at 6:42 AM, Jim Devine wrote:
Dan Scanlan wrote:
Nader/Gonzales supports abolishing income tax on the first $50,000
of income
to be made up with a fraction of a percent Wall Street speculation
tax,
especially on derivatives.
it would be simpler to impose a transactions tax on financial dealings
(a Tobin tax), since it may be difficult to separate speculation from
other kinds of financial "investment."
I think the basic idea is to eliminate income taxes on "living wages".
I personally don't give a whit how the over rich get taxed, just as
long as they do.
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