Since there is such a vast disparity between the income of actors and their audiences, I think we should tax the pants off actors.
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there lies the rub. some are considered to make "easy" millions, either not really earning it or walking away w/ a "boat load" of $$$ while their company fails.
others founded their companies giving blood, sweat, and tears to MORE than earn their millions. these, like pro athletes, risk a shorter life expectancy. so, how do we differenciate in regard to taxes? in short, we CAN'T! think of how many variables affect our economy and the ONLY conclusion one can come to is that the tax code will never be fair until those variables are addressed. the links in my signature are a start however. illegals, govt waste, people working "under the table", abuse of healthcare, welfare fraud, double dippers of social security, over paid govt pensions, etc will continue to require responsible people to subsidize and pick up the tab by paying more than their fair share of taxes! |
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With respect to the 90% tax rate, I think that goes back to an era of extreme taxation of the wealthy that really is socialist, but the reality of where we are today is a wealthy class that pays a mere 15% on dividends and capital gains as opposed to even the highest of the middle class paying a whopping 38% on wages that they ACTUALLY WORKED FOR! Eliminating this special class of taxation for investors would go a long way toward evening the playing field. |
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so levelling the field in this respect may be a moot point, besides govt has shown us that they will continue to increase spending. i question the REAL struggles of 2 income families(or 1 person, 1 income). we continue to "tax" ourselves by spending more than we make and accumilating debt, rather than wealth. to remedy THAT, would go a long way towards levelling hardships. someone else's wealth is their business. |
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well i'll just respond this way...
we are getting a REAL crash course w/ socialism and it's coming hard and fast! we can look no further than new york and california to see where we are headed nationally. these are the models that WILL show us the nation's future!!!!!!!!!!!!!! get out, and once again, vote for change, if it's not too late already. yes we(America) can, 'cause no they(socialist democrats) can't! |
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Everyone uses that stuff. Some choose to take advantage of what they have available to them and some don't. People shouldn't be punished because they actually tried at life. The tax system as it is, while it sucks for some and really rocks for others, works as it is. There are many other places we should be looking for improvements. Such as, if we put limitations on the amount of time someone can be on a particular welfare program or actually enforced the rules that currently exist. There are benefits in New Mexico that you can only get if you are attending school so people sign up for classes, attend for two weeks, get their benefits, and then drop the class for a refund and keep the benefits. |
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The bottom line is that CA expenditures have been exceeding revenues for over a decade, and the Republicans in the legislature refuse to do anything other than cut services. |
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Ever played it to the end? I'll tell you how it ends if you haven't. One person ends up with EVERYTHING, and everybody else ends up with NOTHING! It's all about the balance of power to succeed, and when the tax structure favors those who are already wealthy, it further erodes opportunity for the poor. |
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