To: A. Pole
I would rather see how much tax burden is located on the top 1%, top 5% and top 50% of wealth. If one percent of the U.S. population owns sixty percent of the stock and forty percent of the total wealth "bearing 25 percent of the federal tax burden" maybe is TOO LITTLE! Do not forget also that such tax like Social Security is regressive (and being used to pay for other budget items including those subsidising lucrative government contracts).
Your position seems to supported by nothing more than Marxist class warfare. The best tax system is one that maximizes tax revenue while minimizing taxes as a percentage of GDP.
Your position seems to supported by nothing more than Marxist class warfare.
The best tax system is one that maximizes tax revenue while minimizing taxes as a percentage of GDP.
Could you address my arguments? Well, I know, probably you cannot. "Class warfare" is not a Marxist invention, the societies were divided into slaves and slave owners, aristocracy and serfs, maharajas and peasants and this generated a lot of conflicts or "class warfare".
The one question is if a tiny group owning most of the wealth should pay a smaller part of the taxes than the rest while benefiting from the state?
The second question is if the increase in the stratification of wealth is good for the society as a whole and if so under what conditions?
posted on 03/23/2002 9:55:06 AM PST
by A. Pole
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