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Posted on 06/14/2002 2:50:00 PM PDT by freeper12
Edited on 09/20/2004 1:36:49 AM PDT by Jim Robinson. [history]
Best explanation yet...
I was having lunch with one of my favorite clients last week and the conversation turned to the government's recent round of tax cuts.
"I'm opposed to those tax cuts" the retired college instructor declared,"because they benefit the rich." "The rich get much more money back than ordinary taxpayers like you and me and that's not fair".
(Excerpt) Read more at siliconinvestor.com ...
DEAD ON TARGET!
Great post freeper12.
Tax them too much, attack them for being wealthy, and they just may not show up at the table any more.
I am about to post a new article on Action America (http://www.ActionAmerica.org/), where I have analyzed the Forbes lists of wealthiest Americans and Worldwide Billionaires. Those calculations reveal that the number of billionaires in the United States has decreased by over 13% since 1999, while the world has seen a more than 80% increase in billionaires.
It doesn't take a brain surgeon to realize that a lot of wealthy US taxpayers have already chosen not to show up at the table. It's time to get rid of the single cause of this serious problem - the IRS (and by association, the Income Tax in any form).
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