Newsgroups: can.general
Path: utzoo!henry
From: henry@utzoo.uucp (Henry Spencer)
Subject: Re: Flat-Rate Tax
Message-ID: <1989Aug26.214344.24140@utzoo.uucp>
Organization: U of Toronto Zoology
References: <1989Aug24.150811.14764@gpu.utcs.utoronto.ca> <16123@watdragon.waterloo.edu>
Date: Sat, 26 Aug 89 21:43:44 GMT

In article <16123@watdragon.waterloo.edu> jmsellens@watdragon.waterloo.edu (John M. Sellens) writes:
>>Ideally, business
>>income should be untaxed.  You can tax business income by
>>taxing the dividend and capital gains incomes of individuals.
>
>So that someone earning a lot of money in a business can just leave
>it there earning more money and delay paying any taxes for as long
>as he likes.  Make the poor pay! :-)

Yup.  Clearly, creating jobs and investing in our economy is evil and
should be discouraged by taxing it.  Or rather, by taxing people who
are *successful* at it and therefore make money.

And people wonder why our economy is steadily sliding downward...

"Your deep seated resentment of people who make profits is showing."
								-J. DeArmond
-- 
V7 /bin/mail source: 554 lines.|     Henry Spencer at U of Toronto Zoology
1989 X.400 specs: 2200+ pages. | uunet!attcan!utzoo!henry henry@zoo.toronto.edu