"Steve Ackman" wrote in message
...
In .com, on Mon, 07 Mar
2011 16:15:52 -0600, Pete C., wrote:

Perhaps you haven't noticed that there are a few states left that do not
have a state income tax, only a sales tax.

And at least one (or two) that have neither state
income tax nor sales tax (but property taxes a little
higher than average).

I for one favor a flat tax as the only fair option.

Sales tax pretty much qualifies. User fees may
be the only thing higher on the fairness scale.
Gasoline tax used for building/maintaining highways.
That sort of thing.

There is no excuse for taking a higher percentage
tax from those who are better off, someone making $10k and someone
making $10m should be paying the same percentage tax.

Ayup.

Bull****, the ultra rich will only continue to accumulate money--if for no
other reason then because of mental illness and neurosis

Let too much fall into their hands and since they already have WAY more than
enought to meet basic needs, they simply "re-invest" in a manner that
"produces" more cash for themselves via the fractional reserve depostit bank
system..the result is that government is starved of cash due to reduced
revenue and inflation for the middle class keeps going up while their wages
remain stagnant.

Put another way :

--if a decade worth of reducing taxes for the rich has indeed produced new
jobs, then where exactly have all of these supposed newly-created jobs gone
to then ?