-Caveat Lector-
on 01/08/03 10:27 AM, M.A. Johnson at [EMAIL PROTECTED] wrote:
> Thew
> Willie - yes any tax reduction plan will obviously benefit the person who
> earns more than one who earns less. The point is to try to make a plan
> that at least attempts to help those who need it most, rather than one
> that barely helps the worst off, and hugely benefits the top.
> MJ
> Why?
> Why not treat ALL Citizens EQUALLY?
> Why should one individual pay MORE or LESS than another?
Because EQUAL is not the same as EQUITABLE. A family that struggles to feed
and clothe its children has more need for tax relief than someone with 3
billion dollars in the bank. Because a person with 3 billion dollars can
afford to support the country s/he is living in to a greater extent and not
suffer, than the person who has to choose between chicken for dinner or
shoes for their children.
>
>
> Thew
> The republicans keep saying that the dividend thang is fair because
> 50% of Americans own stocks. That is really only a partial statistic.
> For the person who owns 10000 shares of Pepsi this is a great
> break. For the person who owns one share of Pepsi it does not help
> then at all. If you crunch the numbers over 90% of the benefit of this
> goes to under 10% of the population - the ten percent that least needs
> the help.
> MJ
> <sigh>
> Many Americans -- perhaps MORE than 50% -- have retirement
> instruments that fall under this DOUBLE TAXATION stock problem.
Yes. Most of them are affected to the tune of a few cents over a year. The
bulk of the benefit is not to them.
------------------------------------
Free your mind and your ass will follow.
St George
NEURONAUTIC INSTITUTE on-line: http://home.earthlink.net/~thew
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