Re: Not to be smug or anything, but...


"Mickey" <Mickey@xxxxxxxxxxxxxxxxxxx> wrote in message
news:365pk3dk4tkc9jans0eit5vmohs1q16m4d@xxxxxxxxxx
"Tom S." <t.m.s.work@xxxxxxx> wrote:

"Mickey" <Mickey@xxxxxxxxxxxxxxxxxxx> wrote in message

"Alex W." <ingilt@xxxxxxxxxxx> wrote:

In any system, the main burden of all taxation falls on the poor and the
middle classes; truly rich folk know how to protect their money. I
don't
think this is party-specific.

This is 100% bullshit, Alex, an urban myth that refuses to die because
it is so useful.

The facts are:
96.7% of federal income taxes are paid by the top 50% of earners
84.6% of federal income taxes are paid by the top 25%
36.89% of federal income taxes are paid by the top 1%

And that's an abomination. Do you think that's "just", and fall for the
same
"progressive" travesty that most everyone else does?


No. I think the Feds (or the courts) should abolish the personal
income tax.

It would have to come from an upheaval from the populace, but they know the
tax code subsidizes their handout.

I'd like to see a single tax rate, or more better, a consumption tax. Taxing
production is abhorrent to me.


.

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