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| subject: | Re: The Laffer Curver, Still far from the bottom - Deficit Down 34.6 pe |
From: John Beckett Gary Britt wrote in message news:: > Don't buy it at all. Its merely a fanciful rationalization to avoid calling > it what it is a confiscatory unjustified taking at the point of a gun if > necessary from the estate of the person who earned so that those who didn't > earn it can use it for their own power and aggrandizement. OK - I've read all your points, and agree that it would be distasteful for everyone to do nothing, then stand around Sam Walton's estate saying they would like a share. There are not too many promoting that kind of socialism any more. I don't think you addressed my main concern which is that once a certain amount of wealth has been accummulated, an entire industry is available to protect the wealth by erecting elaborate schemes to minimise tax. We're not talking about shaving a few points of the tax, we're talking about income tax being reduced to below the 10% level. John --- BBBS/NT v4.01 Flag-5* Origin: Barktopia BBS Site http://HarborWebs.com:8081 (1:379/45) SEEN-BY: 633/267 5030/786 @PATH: 379/45 1 633/267 |
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