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To: lelio
but not if Mr Rich Guy That Can Pay a Lawyer gets off w/o paying a dime.

I personally know three "Mr. Rich Guys" and I'm here to tell you that they are paying through the nose. And don't say that they need better accountants....one goes through Price Waterhouse, another through a business manager in Los Angeles who handles Nicholas Cage and Clint Eastwood, and the third, well I don't know who he uses.

I think the "rich aren't paying" is and always has been sheer Barbra Streisand, designed to outrage the average American Joe. I know millionaires who are being screwed, my husband makes a 6-figure income and he's getting screwed (48% income tax), and the middle classes are getting screwed.

115 posted on 11/06/2002 2:09:06 PM PST by Lizavetta
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To: Lizavetta
he's getting screwed (48% income tax), and the middle classes are getting screwed
But your husband and his friends are reputable, I'm talking about the ones that went to the Worldcom school of ethics.
Flattening the tax an eliminating loopholes is one way of putting everyone on an even playing field.
134 posted on 11/06/2002 2:14:28 PM PST by lelio
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To: Lizavetta
I disagree with your point that the wealthy are getting screwed by the current system. When Jane Fonda and Ted Turner were getting divorced here in Atlanta, I saw an article on it. In the cases filed in court it was revealed that Mr. Turner had income of something like $125 mill for the previous year on which he paid taxes of about $5 mill. That's a rate of less than 5%. How would YOU like a 5% tax rate?
1,078 posted on 11/16/2002 9:12:14 PM PST by PhilWill
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