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From: mwm@ea.UUCP
Newsgroups: net.politics
Subject: Re: "No more taxes" Reagan?
Message-ID: <22400033@ea.UUCP>
Date: Wed, 7-Nov-84 16:11:00 EST
Article-I.D.: ea.22400033
Posted: Wed Nov  7 16:11:00 1984
Date-Received: Sat, 10-Nov-84 09:35:48 EST
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Nf-From: ea!mwm    Nov  7 15:11:00 1984

/***** ea:net.politics / bbncca!rrizzo / 12:53 pm  Nov  5, 1984 */
THERE HE [REAGAN] GOES AGAIN!

On Friday the Treasury Dept. CONFIRMED reports that it is seriously
studying the elimination of some significant Income Tax deductions
(for Real Estate Tax, State & Local Income Tax, & others) and the
taxing of Unemployment Insurance and Workers Compensation.

All the prospective targets of Reaganite taxation penalize upper
middle, middle, & low income people (the vast majority of Ameri-
cans) & destroy significant forms of tax relief for Americans who
simply can't afford the expensive

					Cheers,
					Ron Rizzo
/* ---------- */

I'm confused. I'll concede that taxing unemployment and workers comp
would hurt the lower classes, but it would seem that eliminating
deductions for other taxes would most hurt those who pay more on
those taxes, i.e., those who pay more taxes in general, the rich.

If you accept that the rich don't pay income tax to start with (makes
sense. They're rich, so why should they worry about making lots
of money? If they don't make any money, they don't have any taxable
income.) then naturally eliminating deductions doesn't hurt them. Doesn't
help them, either.

So, why do you claim that elimination of deductions (as opposed to taxing
unemployment and workers comp) will hurt everybody but the rich?

	<mike