Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/3/84; site genrad.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!mit-eddie!genrad!john From: john@genrad.UUCP (John Nelson) Newsgroups: net.legal,net.taxes Subject: Re: Abuse of social contracts. (tax system) Message-ID: <659@genrad.UUCP> Date: Thu, 14-Feb-85 21:14:51 EST Article-I.D.: genrad.659 Posted: Thu Feb 14 21:14:51 1985 Date-Received: Sat, 16-Feb-85 06:49:31 EST References: <2748@dartvax.UUCP> <445@ahuta.UUCP> <399@lsuc.UUCP> <110@styx.UUCP> Reply-To: john@genrad.UUCP (John Nelson) Organization: GenRad, Inc., Bolton, Mass. Lines: 4 Xref: watmath net.legal:1401 net.taxes:664 Frankly, I think the graduated tax system penalizes those who make more money and thus discourages free enterprise. It seems to me that it would be better to tax at a fixed rate, to encourage investment and spending of income, rather than creating a rather artificial system of tax shelters.