what's really sad, is that these people are serious, below, below


this is an article I found a reference to yesterday that
describes what happens when these ideas are put into play

http://www.capitalismmagazine.com/2001/june/hu_capvsalt.htm

I can't count this 'high' in terms of the casualties.


this is sarcasm, just so the college boys know:
> > > rich people should pay more for everything they buy too,
> > > there should be a rich-persons' price, and a normal price

----- Original Message -----
From: "Byron A Jeff" <byron@CC.GATECH.EDU>
To: <PICLIST@MITVMA.MIT.EDU>
Sent: Wednesday, June 05, 2002 11:45 AM
Subject: Re: [OT]: $1-a-day wages


> On Wed, Jun 05, 2002 at 10:41:27AM -0500, Dale Botkin wrote:
> > On Wed, 5 Jun 2002, rad0 wrote:
> >
> > > rich people should pay more for everything they buy too,
> > > there should be a rich-persons' price, and a normal price
> >
> > Absolutely.  All prices, fines, fees, etc. should be scaled to be a
> > percentage of a person's income, thus making everyone totally equal.
That
> > way if I choose to pour coffee or mow lawns for a living, society will
> > recognize that my contribution is just as valuable as, say, a doctor or
an
> > engineer.
>
> I know that you're being facetious Dale, but actually up to a point I
actually
> agree with the above point. And not a percentages, because any flat
taxation
> is regressive, but an increasingly progressive percentage that's somewhat
> less than a 45 degree angle. Finally it should only be on what you spend,
> not what you make. So if one makes, saves, and invests a billion bucks,
none
> of the billion bucks gets taxes. If only $100000 of the billion bucks is
> spent, then only a percentage of the $100000 is taxed. However if $350
million
> of it gets spent... Then don't you think there should be a hefty slice
taken
> out?
>
> >
> > Next we'll just have to see about redistributing all that property the
> > rich have unjustly accumulated.
>
> Nope. However I think it's fair that they'll have to pay more to spend it.
> Not keep it. Not invest it (in fact I'd drop all capital gains taxes).
Just
> spending it.
>
>
> >  We'll just scrap those big fancy cars and
> > partition up the larger houses so everyone has the same amount...
>
> Nope. Buy the houses and the cars. Just a larger tax on the higher priced
> items. Explain to me why someone who's buying a $150,000 vehicle, and who
> clearly has that much disposable income should be able to pay the same tax
> as someone buying a $15,000 car? All flat taxes, including sales taxes are
> regressive and favor those with more money.
>
> > I'm sure all will continue to work as hard as they can for the common
good,
> > right?
>
> Sure they will. Rich folks are progressively taxed on their income now.
Does
> that stop those who want more from attempting to step up into the next tax
> bracket? Of course not.
>
>
> >  If not we'll just re-educate them in a remote area somewhere until
> > they see things the right way.
> >
> > > those damn rich people...
> >
> > Yep.  We need to just shoot them all, let the real workers rule the
> > country.
>
> No. We just have to realize that when the top 10 percent of the population
> owns 90 percent of the wealth, that there's an obligation for them to
> contribute more to the common good. Saving and investing essentially puts
> the wealth back into circulation for others to use and improve, while
outright
> spending benefits the spender more than anyone else. So spending should
have
> a cost associated with it. Not making money as is done now.
>
> So to summarize:
>
> 1) Lose all income and capital gains taxes. Making money is free.
> 2) Spending should be progressively taxed. Only spending costs. Only tax
>    what it spent regardless of income.
> 3) Control inflation and growth by manipulating the progressive cost of
>    spending. Lower the rate to stimulate spending, raise the rate to slow
>    spending.
>
> That's it.
>
> BAJ
>
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