posted on February 16, 2001 11:28:38 AM
Look, there's something being missed here. The rich don't pay ANY income taxes, so the supposed parity of any plan doesn't apply.
As millionaires go, I'm a small one, but even I don't pay income or payroll tax. I pay capital gains tax, which is a whole different ball of wax, but most of it is offset by depreciation amounts. For my part, I don't care if they make the income tax 200% on earned income, I still won't ppay any because I don't earn income.
posted on February 16, 2001 11:52:05 AM
gee krs, a tax is a tax is a tax...........it is money out of my pocket not willingly spent. Does it matter what kind of tax it is? Not to me.
posted on February 16, 2001 11:58:13 AM
gee, the point is that capital gains isn't being effected by the baby's plan to any large extent, so all of the drivel about who's paying fair amounts doesn't matter.
I get it, you want everything for free? Not so difficult, get rich. At least during the Clinton administration. A person would have to have been asleep or dumb or otherwise incapacitated NOT to make money.
posted on February 16, 2001 12:03:28 PM
krs, I wasn't either asleep OR dumb. I still pay lots of taxes, sorry to say. Mostly cap gains and alternative min. To ME they are still a tax.
posted on February 16, 2001 12:23:49 PM
Exactly, Ken. And eventually the bills come due. Social security is going to be one hell of an overdue statement.
