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1 posted on 07/31/2002 5:33:14 PM PDT by Sir Gawain
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To: Victoria Delsoul; tpaine; OWK; nunya bidness; AAABEST; Mercuria; MadameAxe; redrock; Sabertooth; ...
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2 posted on 07/31/2002 5:33:35 PM PDT by Sir Gawain
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To: Sir Gawain; joanie-f; snopercod; TPartyType; Covenantor; mommadooo3; JeanS; brityank
While I'm flat out against the "legalization of drugs;" yet I am also flat out against the Long-Term Capital Gains Tax.

In the spirit of tough compromises, perhaps the Congress can actually do something about writing a simple bill, which has three parts:

(1) End the "war on drugs."

Leave the States to regulate the flow of "substance abusing" drugs through the traditional pharmacological supply chains, requiring prescriptions from two separate medical doctors with which a State-issued license for six months duration (renewable) is also acquired --- all three items required to make a drug purchase.

Drug users must surrender any and all transportation licenses --- that's right, no: driving, flying, boat, train, tractor, nor any other kind of motorized, solar-power, nor wind- operating vehicle, etc., and they cannot own nor keep such vehicles. They cannot own, keep, nor bear Arms.

(2) End the Long-Term (one year or more) Capital Gains Tax.

No reporting of Gains nor of Losses, for this year, and henceforth.

The country sorely needs the breathe of fresh, long-term investment, especially as a form of savings.

(3) End income-taxes on pass-book savings accounts.

(4) Begin a phase-out tax rate for seniors' interest income; as they get older, they pay a lower and lower income-tax rate on their interest income.


3 posted on 07/31/2002 8:43:28 PM PDT by First_Salute
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To: Sir Gawain
I thought the Main Pillar of Capitalism was good ol' fashioned greed. Or at least the love of comfort.
6 posted on 07/31/2002 9:05:11 PM PDT by Pistias
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