GIULIANI'S TAX PLAN

Presidential candidate Rudy Giuliani's new tax plan would chop about $6 trillion from projected static revenues over a 10-year period beginning in 2009, says the Washington Times.

** Beyond making the Bush tax cuts permanent and permanently indexing the Alternative Minimum Tax (AMT) for inflation, Giuliani proposes to reduce the top capital gains and dividend tax rate from today's level of 15 percent to 10 percent.

** In addition, capital gains realized after the Giuliani plan goes into effect would be indexed for inflation.

** Giuliani would also establish tax-free personal savings accounts and reduce the top corporate income-tax rate from 35 percent to 25 percent.

** The Giuliani plan would also create a fair and simple tax (FAST) system and a one-page IRS-filing form as an alternative option.

** The FAST form would apply three tax rates to taxable income: 10 percent up to $40,000, 15 percent between $40,000 and $150,000 and 30 percent above $150,000.

While not offering a standard deduction, the FAST system would retain the $1,000 child tax credit and the most popular itemized deductions, including mortgage interest, state and local taxes and charitable contributions, as well as a "health-care exemption" up to $15,000 for families that purchase health insurance on the private market.

Tax his land,

Tax his bed,

Tax the table

At which he’s fed.

Tax his tractor,

Tax his mule,

Teach him taxes

Are the rule.

Tax his cow,

Tax his goat,

Tax his pants,

Tax his coat.

Tax his ties,

Tax his shirt,

Tax his work,

Tax his dirt.

Tax his tobacco,

Tax his drink,

Tax him if he

Tries to think.

Tax his cigars,

Tax his beers,

If he cries, then

Tax his tears.

Tax his car,

Tax his gas,

Find other ways

To tax his a**

Tax all he has

Then let him know

That you won’t be done

Till he has no dough.

When he screams and hollers,

Then tax him some more,

Tax him till

He’s good and sore.

Then tax his coffin,

Tax his grave,

Tax the sod in

Which he’s laid.

Put these words

upon his tomb,

” Taxes drove me to my doom...”

When he’s gone,

Do not relax,

Its time to apply

The inheritance tax.

Accounts Receivable Tax

Building Permit Tax

CDL license Tax

Cigarette Tax

Corporate Income Tax

Dog License Tax

Excise Taxes

Federal Income Tax

Federal Unemployment Tax (FUTA)

Fishing License Tax

Food License Tax

Fuel Permit Tax

Gasoline Tax (42 cents per gallon)

Gross Receipts Tax

Hunting License Tax

Inheritance Tax

Inventory Tax

IRS Interest Charges IRS Penalties (tax on top of tax)

Liquor Tax

Luxury Taxes

Marriage License Tax

Medicare Tax

Personal Property Tax

Property Tax

Real Estate Tax

Service Charge Tax

Social Security Tax

Road Usage Tax

Sales Tax

Recreational Vehicle Tax

School Tax

State Income Tax

State Unemployment Tax (SUTA)

Telephone Federal Excise Tax

Telephone Federal Universal Service Fee Tax

Telephone Federal, State and Local Surcharge Taxes

Telephone Minimum Usage Surcharge Tax

Telephone Recurring and Non-recurring Charges Tax

Telephone State and Local Tax

Telephone Usage Charge Tax

Utility Taxes

Vehicle License Registration Tax

Vehicle Sales Tax

Watercraft Registration Tax

Well Permit Tax

Workers Compensation Tax

STILL THINK THIS IS FUNNY?

Not one of these taxes existed 100 years ago,

and our nation was the most prosperous in the world.

We had absolutely no national debt, had the largest

middle class in the world, and Mom stayed home to

raise the kids.

What the hell happened? Can you spell “politicians!”

And.... I still have to “press 1”

for English.

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