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To: SentryoverAmerica
"Bush/Republican apologists, like Southack, are far more interested in a party label than rejecting this turn to the left by Bush. The apologists make lame excuses for this wild liberal spending instead of defending freedom and fighting for an end to tax slavery."

Let me demonstrate why and how that's not true. If "party label" was of paramount importance, then I'd be backing Republican John McCain's Campaign Finance Reform. I'm not. McCain, part of the Keating Five group of corrupt S&L Senators, needs to go even though that might mean losing a Republican in the Senate. I didn't much care for Senator Jeffords when he was claiming to be a Republican either. I'd back Democratic Party Senator Zell Miller or Democratic Party Senator John Breaux over either McCain or Jeffords in a head to head race.

Furthermore, I was at one time an ENORMOUS donor to Democratic Congressman Charles Stenholm over his Republican opposition (although it no longer makes sense to give any serious money or support to him).

So claiming that I care more about "party label" than Conservative values is EASILY debunked, just as I've done above.

Next, Bush hasn't "turned to the Left." Killing the Kyoto Treaty on Global warming, as President Bush did, was Conservative, not liberal, and certainly NOT a turn to the Left. Likewise, Killing the International Criminal Court this week was Conservative, not liberal and certainly NOT a turn to the Left.

Pulling the U.S. out of the CCCP-U.S. ABM Treaty was NOT liberal or Leftist, either. Nor was getting additional funding and ordering additional ABM tests for our national missile defense system.

You do your one credible argument about increased social spending no service by claiming the above nonsense. Yes, GWB has signed two bloated Congressional-approved budgets. Is that ideal? No. Did Bush at least get the right to close failing schools and fund additional military improvements? Yes.

Defending freedom? President Bush is doing a great job smashing terrorists physically and financially.

Tax slavery? Oh please. The Supreme Court has already ruled that income upstreaming is legal. This means that if your company in a high tax state pays your other company in a low or no tax state all of your would-be profits in "consulting fees," that you dodge all state taxes. Some corporations take that principle to the extreme and pay those consulting fees to no-tax foreign tax-haven-nation companies to dodge all federal taxes, as well.

Want tax credits for your dividend income? Form a C corporation for $700 online (the company corporation does a fine job). C corporations are tax exempt from 80% of dividend income and only pay 15% tax on the first $50,000 of the remaining 20% of said income (i.e. a 3% income tax). No one says that you have to have all of your stocks in a PERSONAL stock account. Go to Datek and get a corporate trading account and poof, you lower your dividend tax rate to 3% while the rest of the world is paying closer to 50%. Oh, and margin interest is tax deductable on top of that, too.

Want to lower your taxes even further? Set up an office in a Disadvantaged Economic Zone or an Economic Empowerment Zone and get up to 33% or so off your taxes on wages.

Pull oil, natural gas, rock, or minerals out of your land and get a Depletion Tax credit that further reduces your income taxes. Heck, just purchase Dominion Warrior River stock (symbol: DOM) and that REIT passes its Depletion Credit on to you even though you don't own any land (hypothetically).

Don't want to pay property taxes? Then lease your land from a city, county, or state agency. Long term leases can be obtained (i.e. 99 years), and no property taxes are imposed on those agencies (and they're the owners). Add a chapel to your existing home and have your property and parking areas exempted from property taxes (get your preacher's license online for all that I care).

Don't want to pay gasoline taxes? Neither farmers nor aviators pay such taxes, and their fuel will burn just fine in your car.

Don't want to pay Social Security taxes? Incorporate and pay yourself in dividends rather than in salary. It's the same money, but dividends aren't hit with payroll taxes (i.e. Social Security and Medicare).

Tax slavery? The real slavery is mental. Far too many people are simply too lazy to research or buy the knowledge to lower your effective tax rate to under 15%.

52 posted on 05/10/2002 9:55:11 PM PDT by Southack
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