To: Twodees
Someone suggested I was a dolt for not seeing the 50% and I said the dolt would be the one paying near 50%.
There are a lot of fees for service and so-called hidden taxes in products out there for sure.
I 100% agree that rates are high. But my statement was that there is no reason to pay the highest rates, that you can use current laws to pay less.
I of course agree that rates are very high.
Earlier in #141 I think I expressed that also.
When you lower rates you cause people to want to work harder because the rewards for themselves are higher.
Reagan's lower rates doubled the revenue to the treasury.
The death tax will probably surpass the income tax in the next twenty years as massive amounts of wealth changes hands after death by the way.
To: A CA Guy
So, yours was a strawman argument, you admuit. In response to the comment that 50% of what we make goes to government in the form of taxes, you quipped that anyone paying 50% of his income in federal income tax is a dolt. Didn't work out that well for you, did it? Strawman arguments don't work here. The average FReeper doesn't fall for that tactic. Too many of us are veterans of flame wars online going back to the mid '90s if not earlier.
231 posted on
06/20/2002 5:11:21 AM PDT by
Twodees
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