The Dims are great at redistributing the wealth, to buy votes I had a
discussion with a friend about the rich paying our 'fair' share in taxes. I
asked do you think it is 'fair' for a person with two children to pay $7,500
in federal income tax on adjusted income of 50K and another paying $15,000
in federal income tax on an adjusted income of 100,000 or $150,000 in
federal income tax on adjusted income of $1,000,000? He said yes.
I asked do you think would be 'fair' to make a person in the same situation
pay $28,000 in federal income tax on an adjusted income of 100,000 or
$360,000 in federal income tax on adjusted income of $1,000,000.. He said,
well that does not sound fair. When I told him that is what people are
paying in taxes under currant tax law, he was surprised.
I ask if he thought it was 'fair' for a person with and adjusted income of
$100,000, to not get the same deductions for his children as a person making
50K or that a person in the same situation making $1,000,000 should not get
any deduction for his children? He said that was not fair. Again that IS
the situation under the current AM tax.
The taxes I mentioned in the first paragraph is what the tax rates would be
with a flat tax, except the guy making 15K would pan no tax at all, and the
guy at 50K would only pay tax on 14K. The flat tax is the only truly fair
tax ;)
mike hunt
"Scott in Florida" <askifyouwant@mindspring.net> wrote in message
news:5v2ml21pi3tresbb8m2fh78osouiqputea@4ax.com...[color=blue]
>
>
> A young woman was about to finish her first year of college. Like so
> many others her age, she considered herself to be a very liberal
> Democrat, and was very much in favor of the redistribution of
> wealth.
>
> She was deeply ashamed that her father was a rather staunch
> Republican, a feeling she openly expressed. Based on the lectures
> that she had participated in, and the occasional chat with a
> professor, she felt that her father had for years harbored an evil,
> selfish desire to keep what he thought should be his.
>
> One day she was challenging her father on his opposition to higher
> taxes on the rich and the addition of more government welfare
> programs. The self-professed Objectivity, proclaimed by her
> professors had to be the truth and she indicated so to her father.
>
> He responded by asking how she was doing in school.
>
> Taken aback, she answered rather haughtily that she had a 4.0 GPA,
> and let him know that it was tough to maintain, insisting that she
> was taking a very difficult course load and was constantly studying,
> which left her no time to go out and party like other people she
> knew. She didn't even have time for a boyfriend, and didn't really
> have many college friends because she spent all her time studying.
>
> Her father listened and then asked, "How is you friend Audrey
> doing?"
>
> She replied, "Audrey is barely getting by. All she takes are easy
> classes, she never studies, and she barely has a 2.0 GPA. She is so
> popular on campus, college for her is a blast. She's always invited
> to all the parties, and lots of times she doesn't even show up for
> classes because she's too hung over."
>
> Her wise father asked his daughter, "Why don't you go to the Dean's
> office and ask him to deduct a 1.0 off your GPA and give it to your
> friend who only has a 2.0. That way you will both have a 3.0 GPA
> and certainly that would be a fair and equal distribution of GPA."
>
> The daughter, visibly shocked by her father's suggestion, angrily
> fired back, "That wouldn't be fair! I have worked really hard for
> my grades! I've invested a lot of time, and a lot of hard work!
> Audrey has done next to nothing toward her degree. She played while
> I worked my tail off!"
>
> The father slowly smiled, winked and said gently, "Welcome to the
> Republican Party."
>
> --
>
> Scott in Florida
>[/color]
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