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Old March 11th 05, 03:48 AM
George Grapman
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Brent P wrote:
> In article >, Rick wrote:
>
>
>>Yep. Bush is doing exactly what Reagan did -- advertising federal
>>income tax cuts while increasing and making new taxes everywhere
>>else. I bet the American people fall for it -- again.

>
>
> If income taxes really disappeared, this would be good thing. I would
> rather control my consumption to avoid taxation than limit my income.
>
> The problem is income taxes aren't going to go anywhere. What's worse
> about it is that an ever greater percentage of people don't pay
> significant federal income taxes as it is. (roughly the top 50% of wage
> earners pay 96% of the federal income taxes) Thusly they will vote to
> keep the income tax and for increases in it to pay for stuff they
> benefit from.
>
>
>

Actually that number is flawed because it only represents taxable
wages and not other income which is not subject to taxation. Rush
Limbaugh has a permanent spot on his web site with this data but he also
ignores that little detail.

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