From: Gary Britt 

No George you fail to understand me and those like me.  I'm not a believer
in the Rich, I'm a believer in people's desires to become Rich being the
best most efficient method of generating as much prosperity as possible for
the greatest number of people.  To the extent taxes and regulations keep
people from working to become rich or richer they keep everyone poorer by
comparison.

How will that bill be paid, by greater prosperity George.  That is if the
Democrats hate the prosperity tax schemes don't derail greater prosperity.

Business cycles come and go.  So do projections.  Taxes are forever.  Hight
taxes are bad forever.

Witness the low corporate tax revolution taking place in the EU.


http://www.realclearpolitics.com/articles/2007/06/the_democratic_war_against_pr
o.html

  There's really a much better way. Supply-side guru Arthur Laffer suggests
that we embrace one simple flat-rate tax plan that would do away with false
distinctions between corporate and capital-gains tax rates and abolish the
multiple tax on investors. Don't raise tax rates, lower them. Why not tax
all this income once, and only once, at a 15 percent or 20 percent rate?

We better do something. Indeed, a tax-cut war is spreading across Europe,
where lower levies on corporate profits in Spain, Germany, France and the
United Kingdom are aimed at better competing with the United States in the
global race for capital. The successful supply-side experiment in Ireland
has become a Euro-wide model. Average E.U. corporate tax rates have dropped
to 25 percent, compared to the U.S. federal, state and local average of 40
percent.

  Newly elected French president Nicholas Sarkozy intends to cut his
country's corporate tax, as does Spanish Prime Minister Zapatero, as does
Italian Prime Minister Romano Prodi. All this would follow large business
tax reductions in Poland, Slovakia and Hungary.

Aren't the Democrats watching?

  Out on the campaign trail, leading Democrats Hillary Clinton, Barack
Obama, and John Edwards are all talking tax hikes. Clinton says, "The
president's irresponsible tax breaks for high-income Americans" must
be allowed to expire. She then claims that the percent of taxes paid by
corporations has fallen as corporate profits have skyrocketed. That's
backward. During the Bush boom, business tax collections as a share of
overall tax revenues have skyrocketed -- well above levels witnessed during
the Clinton 1990s.

Point is, whether we're talking individuals, corporations or cap-gains, if
you tax something you get less of it. If you take away the tax advantages
from private partnerships, future deals will dry up. Or they will go
offshore, where no taxes will be paid at all. And since capital is the seed
corn of future economic growth, the Democratic war against prosperity will
soon include the middle class as collateral damage.

Its simple George.

Gary

Geo. wrote:
> "Gary Britt"  wrote in message
> news:467363b8$1{at}w3.nls.net...
>> Yes, the predictions of which evaporated with the Clinton recession
>> and the loss of a million jobs due to 9/11.  We've recovered all the
>> jobs and then some due in large part to the Bush tax cuts.
>
> Oh right, so then what's going to happen when the bill for the iraq war
> comes due since they cut taxes and borrowed money to make up for it? Are
> you going to call it the Bush recession then?
>
> Look at this picture http://www.cedarcomm.com/~stevelm1/usdebt.png
>
> Tell me what's going to happen when this bill comes due? I mean you seem
> to be one of the great believers in that the rich are the key to our
> prosperity and everyone knows it's the rich who pay the largest portion
> of the taxes so who the hell do you think is going to pay this bill bush
> is going to leave behind?
>
> Geo.

--- BBBS/NT v4.01 Flag-5