On 09/22/2011 08:01 AM, richardwillytexwilliams wrote: > > Denise Evans: >> My father's wife last year was all up in arms last >> April about the "double taxation" issue... >> > Buffett's blathering is a lot of pernicious nonsense.
Like your blathering? > What's needed is tax reform - everyone should pay a > flat tax, if any. I'm opposed to all forms of income > tax - it's my money. If the U.S. government cut the > spending, most individuals would'nt have to pay very > much income tax. So how are you going to pay for roads, police, fire departments, water, sewage projects, education. Oh I forgot, you want the US to look like Somalia. :-D > Why not tax billionairs 50% or $75? Don't forget that > most of 'the rich' are couples making over $250,000! The increase on taxes if for individuals earning over a certain amount it would be adjusted for couples. Use your brain if you still have one. > According to the U.S. Census Bureau data from the > National Data Book 2010 Statistical Abstract, > District of Columbia, the U.S. Capital, is at the top > 15 wealthiest areas on the percentage of households. It's all those lobbyists hired by the big corporations. > You think 'taxing the rich' in Washinton D.C. is > going to create more jobs and balance the federal > budget? Yes, it will help. And maybe make the congress critters wear patches showing who their big campaign contributors are. > Come on - let's be a little realistic! Obama's plan > is a non-starter and it's NOT going to create more > jobs. > Make work jobs won't solve the problem. Other than fixing the infrastructure what needs to be done? Maybe it's time to become a leisure society. > Recent studies have confirmed that approximately 49% > of Americans pay NO Federal taxes at all. You can't > cut taxes on a class that's not taxed! The higher > the income taxes, the less tax is paid; lower the > income tax, the more tax revenue is actually > collected. Please show us what tax bracket that 49% is in. It's ain't the ones that file form EZs I bet.