[ale] OT fairtax isn't

[Matt Kubilus]

Oh man that gates interview is cracking me up.  Good way to lighten
the mood, well done.

-Matt

On 3/16/07, Charles Shapiro <hooterpincher at gmail.com> wrote:
> Okay, okay.
>
>  It's clearly Friday.
>
>  Bill Gates doesn't think he's One of Us:
>
>
> http://gizmodo.com/gadgets/press/bill-gates-will-punch-you-in-the-face-if-you-call-him-a-nerd-244850.php
>
>  And the Zune ain't goin' too great either:
>
> http://www.losanjealous.com/2007/03/14/zuned-austin-pd-hauls-off-microsoft-street-spamers-at-sxsw/
>
>  Enough already.
>
>  -- CHS
>
>
>
> On 3/16/07, Greg Freemyer <greg.freemyer at gmail.com> wrote:
> > On 3/16/07, Matt Kubilus <mattkubilus at gmail.com> wrote:
> > > On 3/16/07, Jeff Lightner <jlightner at water.com> wrote:
> > > > Well we'll have to agree to disagree.
> > > >
> > > > Confusing because of "prebates".   I don't see the need.  If you only
> > > > make $1000 a year you pay significantly less than someone making
> > > > $1,000,000.
> > > >
> > >
> > > But the tax for the person making $1000 is going to reduce the ability
> > > of the destitute to buy bread, whereas tax on the person making
> > > $1,000,000 reduces their ability to buy a 17th BMW.  It's a question
> > > of what is just in a society.  Do citizens have a basic right to the
> > > necessities of life in the wealthiest nation in the world, or do
> > > citizens have the right to sit on 'their' pile of cash and watch the
> > > nations infrastructure crumble around them.
> > >
> > > What has anyone figured that this sales tax economy will cost per
> > > dollar.  Tennessee (no state income tax) has a %9.75 tax on all goods,
> > > food or BMW.  Georgia income tax is about a fourth of the state income
> > > tax, so round about %50 on all goods.  That's going to be some
> > > expensive milk and cheese, let me tell you.
> >
> > IIRC, it is about 22% for the Feds, but with low-income people getting
> > a prebate equal to 22% of their income, so they effectively continue
> > to not pay taxes.
> >
> > Greg
> > --
> > Greg Freemyer
> > The Norcross Group
> > Forensics for the 21st Century
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> >
>
>
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