|
>i'm not greedy, but limiting the >amount of money one can >make is absolutely tyranical.
in certain ways, income tax limits the amount of money you can make. theoretically, if you enter a certain tax bracket, a certain amount gets taken from you, limiting what you can earn by what bracket you're in (realistically, rich folks find all types of tax shelters, but you know...).
i don't know. i read the 10 ideas and if that's what nader proposes, that's a revolution right there. i don't understand why folks are pissed about not being able to make more than $195,000 for. Because, if that happened, the prices on most items would drop so everyone could afford them (example: no $1,000,000 house because no one could afford to buy it...however, if the housing prices drop at the top, the housing prices drop overall, because no one would charge the same price for a 20 room mansion and a 5 room condo...i.e. houses that are a 1,000,000 now might be 100,000, 100,000 houses might be 10,000...anyone see where I'm going with this?). The entire economy would have to shift.
And what would Nader do with the folks who currently have 90% of the wealth. Bill Gates has 90 billion. Surely he can't keep that 90 billion while everyone else is restricted to 195,000/yr? Because then who holds the wealth now would, de facto through inheritance, hold the wealth forever (even an estate tax would take generations to trim down a 90 billion dollar estate to anywhere near the level of an estate built at 195,000/yr, pre-tax).
Economics heads, holler back.
Spread love,
Spirit http://www.theamphibians.com
August is Top 10 Month...
The 10 Reasons why you should go to http://www.theamphibians.com
(1) the all-american jerk boy awards...guilliani is leading... (2) for your convenience, we only do updates once every blue moon (3) because i'll break your legs if you don't (4) you need a reason to put off clipping your toenails for 7 more minutes (5) the bizarre user names (mr. bungles, angry armenian, spottieottiedopalicious etc.) (6) the good posts that get completely unrecognized (7) the amazingly true story of me getting mugged, somewhere in there (8) the goofy bios (9) to figure out what the hell "fermented bells" are (10) because you're tired of reading this long ass lists of reasons....just click it! http://www.theamphibians.com
9 out of 10 people with two arms find something interesting about http://www.theamphibians.com This summer: new audio, same odd sense of humor. Don't get "left" out, mossie your two-armed self on over and check it out.
Peace,
Spirit (Alan) http://wutangbook.com
|