[FairfieldLife] Re: Progressive and Flat Taxes and Stepped up Basis

2006-06-28 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote: Few people are aware that any suggestion for the elimination of the estate tax comes with the elimination of the stepped-up basis

[FairfieldLife] Re: Progressive and Flat Taxes and Stepped up Basis

2006-06-28 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, shempmcgurk [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote: Few people are aware that any suggestion for the

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, sparaig [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, sparaig [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: History shows that not to be true at all.

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread sparaig
--- In FairfieldLife@yahoogroups.com, shempmcgurk [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, sparaig [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote:

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread sparaig
--- In FairfieldLife@yahoogroups.com, shempmcgurk [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, sparaig [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote:

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread sparaig
--- In FairfieldLife@yahoogroups.com, shempmcgurk [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread Bhairitu
shempmcgurk wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new.morning wrote: BTW, do you fancy yourself a Libertarian? You read

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread Bhairitu
sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: [...] If anything they need a serious course in meditation as they are too attached to their wealth.

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread Bhairitu
sparaig wrote: --- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote:

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread jyouells2000
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: [...] If anything they need

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread authfriend
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: [...] If anything they need a serious course in

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, sparaig [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote:

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread Bhairitu
sparaig wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote:

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread Bhairitu
authfriend wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: [...]

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread sparaig
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: [...] If anything they need

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-26 Thread sparaig
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, shempmcgurk shempmcgurk@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: shempmcgurk wrote: snip Concentrated wealth in the hands of those responsible for creating it is a GREAT thing and should be encourated.

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, shempmcgurk [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: shempmcgurk wrote: snip Concentrated wealth in the hands of those

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: History shows that not to be true at all. Most are just greedy bastards who care little about their fellow humanity. People like Bill Gates are a rare exception Well 280 billion annually in american philanthropy sort

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: I was just reading in the Times about Richard Grasso, who, making $12 million a year, went through all kinds of contortions to obtain his $140 million retirement package. At some point in the accumulation of wealth,

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: I was just reading in the Times about Richard Grasso, who, making $12 million a year, went through all kinds of contortions to obtain

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
Original posts I was just reading in the Times about Richard Grasso, who, making $12 million a year, went through all kinds of contortions to obtain his $140 million retirement package. At some point in the accumulation of wealth, money ceases to be a medium of exchange and becomes

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: When rich people talk about money, they're talking about something entirely different from what poor and middle-class people mean

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: When rich people talk about money, they're talking

[FairfieldLife] Re: Progressive and Flat Taxes and Stepped up Basis

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, shempmcgurk [EMAIL PROTECTED] wrote: Few people are aware that any suggestion for the elimination of the estate tax comes with the elimination of the stepped-up basis for capital gains. Currently, all capital gains get stepped-up of their cost basis

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
Judy, Again, I am heartedned that your manfiest critique of my observation -- that you maybe confusing correleation with causation with regards to being rich and empathy towards the 'non-rich' -- is a minor and not substantive one, and focuses on my poor traits -- not a critique of the thesis

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread Bhairitu
new.morning wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, TurquoiseB no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote:

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: Judy, Again, I am heartedned that your manfiest critique of my observation -- that you maybe confusing correleation with causation with regards to being rich and empathy towards the 'non-rich' -- is a

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread Bhairitu
new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: History shows that not to be true at all. Most are just greedy bastards who care little about their fellow humanity. People like Bill Gates are a rare exception

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread Bhairitu
shempmcgurk wrote: --- In FairfieldLife@yahoogroups.com, new.morning [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: And I *do* want to make it clear the progressive tax would work this way: once you had an estate valued at 12

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new.morning wrote: BTW, do you fancy yourself a Libertarian? You read that way. I don't fancy myself anything. I don't take some platform and adopt it. I think through each issue and decide on the merits. My views

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread sparaig
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: History shows that not to be true at all. Most are just greedy bastards who care little about their

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, sparaig [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: History shows that not to be true at all. Most

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: Judy, Again, I am heartedned that your manfiest critique of my observation -- that you maybe confusing correleation with

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: Judy, Again, I am heartedned that your manfiest critique of my observation -- that you maybe confusing correleation with

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: Judy, Again, I am heartedned that your manfiest critique of my observation -- that you maybe confusing correleation with

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread Bhairitu
new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new.morning wrote: BTW, do you fancy yourself a Libertarian? You read that way. I don't fancy myself anything. I don't take some platform and adopt it. I think through each

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread Bhairitu
sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: History shows that not to be true at all. Most are just greedy bastards

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new.morning wrote: BTW, do you fancy yourself a Libertarian? You read that way. I don't fancy

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: Judy, Again, I am heartedned that your

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: Judy, Again, I am heartedned that your

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread Bhairitu
new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new.morning wrote: BTW, do you fancy yourself a Libertarian?

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread sparaig
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: History shows that not to be true at all. Most are just greedy bastards who care little about their

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread sparaig
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread sparaig
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote:

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread Bhairitu
sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: History shows that not to be true at all. Most are just greedy bastards

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread sparaig
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: sparaig wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: [...] If anything they need a serious course in meditation as they are too attached to their wealth. A point that MMY has used

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread authfriend
--- In FairfieldLife@yahoogroups.com, sparaig [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: snip Interesting thing to say about Gates. His stated goal in life for several decades

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread sparaig
--- In FairfieldLife@yahoogroups.com, authfriend [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: --- In FairfieldLife@yahoogroups.com, authfriend jstein@ wrote: --- In FairfieldLife@yahoogroups.com, sparaig sparaig@ wrote: snip Interesting

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-25 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new.morning wrote: BTW, do you fancy yourself a Libertarian? You read that way. I don't fancy

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread TurquoiseB
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: A flat tax (some say 17% would do it) with no or few deductions, starting at incomes over $30-50,000, (even a negative income taxfor incomes below say $15,000) would eliminate all the inefficiencies,

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: That's why a progressive income tax is a good thing. It is an disincentive to accumulating excessive wealth. It is better to have more

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread new_morning_blank_slate
--- In FairfieldLife@yahoogroups.com, TurquoiseB [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: A flat tax (some say 17% would do it) with no or few deductions, starting at incomes over $30-50,000, (even a negative income taxfor

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread Bhairitu
TurquoiseB wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: A flat tax (some say 17% would do it) with no or few deductions, starting at incomes over $30-50,000, (even a negative income taxfor incomes below say $15,000) would eliminate all the

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread Bhairitu
new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: That's why a progressive income tax is a good thing. It is an disincentive to accumulating excessive

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread Bhairitu
new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, TurquoiseB [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: A flat tax (some say 17% would do it) with no or few deductions, starting at incomes over $30-50,000,

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, Vaj [EMAIL PROTECTED] wrote: On Jun 24, 2006, at 4:57 PM, new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: That's why a progressive income tax is a good thing. It is an disincentive to accumulating

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: That's why a progressive income tax is a good thing. It is an disincentive to accumulating excessive wealth. It is better to have more

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, TurquoiseB no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: A flat tax (some say 17% would do it) with no or

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: That's why a progressive income tax is a good thing. It is an disincentive to accumulating excessive wealth. It is better to have more

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, new_morning_blank_slate [EMAIL PROTECTED] wrote: [snip] Its a matter of social and collective values. I dream of a day when kids grow up wanting to make billions so they can make a transform world health, nutrition, shelter, education, spirituality, the

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: That's why a progressive

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread Bhairitu
shempmcgurk wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote:

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread new . morning
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: And I *do* want to make it clear the progressive tax would work this way: once you had an estate valued at 12 million the progressive tax would kick in. At what rate(s)? At the current 35-60% (aproximate numbers)

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread new . morning
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, TurquoiseB no_reply@ wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote: A flat tax (some say 17%

Re: [FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread Bhairitu
new.morning wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: And I *do* want to make it clear the progressive tax would work this way: once you had an estate valued at 12 million the progressive tax would kick in. At what rate(s)? At the current 35-60%

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: shempmcgurk wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: new_morning_blank_slate wrote: --- In FairfieldLife@yahoogroups.com, new_morning_blank_slate no_reply@ wrote:

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread shempmcgurk
--- In FairfieldLife@yahoogroups.com, new.morning [EMAIL PROTECTED] wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: And I *do* want to make it clear the progressive tax would work this way: once you had an estate valued at 12 million the progressive tax would

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread new . morning
--- In FairfieldLife@yahoogroups.com, shempmcgurk [EMAIL PROTECTED] wrote: In 2006, the estate tax exemption is $2,000,000 per person ($4,000,000 for a married couple) and that's going up to $3,500,000 per person in a few years. ok. thanks It was 1 or 1.1 mil in 2004 (for single). I thought

[FairfieldLife] Re: Progressive and Flat Taxes

2006-06-24 Thread authfriend
--- In FairfieldLife@yahoogroups.com, Bhairitu [EMAIL PROTECTED] wrote: shempmcgurk wrote: snip Concentrated wealth in the hands of those responsible for creating it is a GREAT thing and should be encourated. Bhairitu, if you tax it, it goes to government which will NOT use it wisely.