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HOW THE TAX SYSTEM REALLY WORKS
Unknown

Posted on 01/08/2003 10:36:42 AM PST by Willing To Listen

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The copy I received of this credited a Professor of Business Law as the author. When I complemented him for his wisdom via e-mail, he said: "I am unaware of the true author's identity, which is unfortunate, since the piece has generated considerable interest. Unfortunately, one of my students sent it along and erroneously contributed the authorship to me."
1 posted on 01/08/2003 10:36:42 AM PST by Willing To Listen
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To: Willing To Listen
Sean Hannity has read this several times and said that he was posting it on his site.
2 posted on 01/08/2003 10:45:10 AM PST by Mark
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To: Willing To Listen
Thanks! As it happens... I was looking for that. It came up in a conversation yesterday.
3 posted on 01/08/2003 10:49:05 AM PST by Ramius
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To: Willing To Listen
I marked this up and posted it on my site yesterday. Wish I could find out who the author is. It's excellent.
4 posted on 01/08/2003 10:49:53 AM PST by zeugma (This is a dead parrot!)
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To: Willing To Listen
Nice
5 posted on 01/08/2003 10:51:46 AM PST by Sgt_Schultze
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To: Willing To Listen
This is what is going on in California (especially) right now. The wealthy that live there are really paying the freight big time. No wonder a lot of them are establishing permanent residence in Colorado instead.
6 posted on 01/08/2003 11:00:24 AM PST by Ronaldus Magnus Reagan
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To: Willing To Listen
"...most taxing authorities anywhere cannot seem to grasp this rather straightforward logic."

Oh, they understand it alright. But they also know that being fair does not get you re-elected...

7 posted on 01/08/2003 11:00:28 AM PST by Exeter
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To: Willing To Listen
Excellent! Thanks for the post.
8 posted on 01/08/2003 11:06:23 AM PST by Balata
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To: Willing To Listen
IF YOU WANT THIS MAN – AND MEN LIKE HIM – TO REMAIN IN CONTROL OF YOUR ECONOMIC AND PERSONAL DESTINY, CONTINUE TO TOLERATE THE CURRENT MARXIST INCOME TAX SYSTEM.

ONE MORE TIME:

IT’S ABOUT

P O W E R AND C O N T R O L!!

SIGN THE PETITION AT HTTP://WWW.VOTR.ORG. Then find out how you can do more to end America’s peculiar SPRING MADNESS.


9 posted on 01/08/2003 11:11:48 AM PST by Dick Bachert
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To: Ramius
Glad to hear that Hannity read this over the air.

Sure would be terrific if Rush would read this on-air as well!
10 posted on 01/08/2003 1:01:13 PM PST by Willing To Listen
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To: zeugma
It is excellent and I can't imagine how any Democrat could possibly refute the logic of it.

Can you imagine someone reading it on one of the Sunday shows in response to the claim that the "Tax Cuts" just favor the rich?
11 posted on 01/08/2003 1:21:57 PM PST by Willing To Listen
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To: Balata
How might we get greater exposure of this article?

It sure decimates the claim that "tax cuts only favor the rich".
12 posted on 01/08/2003 1:32:22 PM PST by Willing To Listen
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To: Willing To Listen
More exposure bump!

13 posted on 01/08/2003 1:41:51 PM PST by Balata
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To: Willing To Listen
Bump.
14 posted on 01/08/2003 1:44:36 PM PST by k2blader
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To: Mark
Actually, I heard this on Cavuto several months ago. It was posted on the Fox news website for some time.
Most excellent read, IMO.
15 posted on 01/08/2003 1:53:04 PM PST by jcparks
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To: k2blader
Thank you!
16 posted on 01/08/2003 1:54:06 PM PST by Willing To Listen
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To: Willing To Listen
The piece doesn't answer an important question: how did the ten agree to this arrangement in the first place? I'll tell you how - they voted, and the first six cheerfully agreed that the tenth man will pay 59% (later reduced to 52%.) Democracy at work, the best system considering the alternatives, to borrow a cliched phrase. Ebryboddy heppy!
17 posted on 01/08/2003 2:00:39 PM PST by Revolting cat!
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To: jcparks
You have to admit that it is most timely today especially after the President's message and the standard "it only favors the rich" response. I thank you for the bump.

We need to equip everyone with this response.
18 posted on 01/08/2003 2:02:08 PM PST by Willing To Listen
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To: Willing To Listen
then the fifth man and the sixth man would end up being PAID to eat their meal.

In "tax language," we call that the Child Tax Credit. Many wage earners currently make money with the Child Tax Credit. Their total income tax is less than zero; at tax time, their refunds are more than what was withheld from their paychecks.

If the Child Tax Credit is increased to $1000/child, even more wage earners will, instead of being taxpayers, become tax recipients.

Will my family benefit from the Child Tax Credit increase? You bet. Is it proper? A flat tax would be more proper.

Today, 96% of income taxes are shouldered by the top 50% of wage earners. Tomorrow? Figure the top 45%, or 40%. Does this sound like the conservative thing to do?

19 posted on 01/08/2003 2:02:28 PM PST by newgeezer (A conservative who conserves.)
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To: Willing To Listen
There are more than a few "populists" at this site who are not Willing To Listen...
20 posted on 01/08/2003 2:03:31 PM PST by Senator Pardek (I luv crackpots)
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