Re: BEFORE Trying To Simply Hike the Fuel Tax . . .

On Tue, 13 May 2008 23:03:41 -0400, Harold Burton wrote:

> In article <pan.2008.05.14.02.06.55.132501@[EMAIL PROTECTED]
>,
>  The Trucker <mikcob@[EMAIL PROTECTED]
> wrote:
> 
> 
>> You obviously have no clue what ... the progressive
>> income tax is designed to do.
> 
> 
> Preserve wealth for the already wealthy, but make it much more difficult

> for everyone else to achieve wealth.  i.e. don't let upstarts get new 
> money and displace the old farts, who are no longer competitive.

No.  That would be a high FLAT income tax that would do that.  But the
point is valid.  A flat asset tax with a higher rate for land than for
other assets would be a much better tax system.  Alas...  We can't seem to
do that.

-- 
"I know no safe depository of the ultimate powers
of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
http://GreaterVoice.org/extend