Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 5/3/83 based; site hou2h.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!mhuxt!houxm!hou2h!mr From: mr@hou2h.UUCP (M.RINDSBERG) Newsgroups: net.flame Subject: Re: Tax reform (another screwing, without vaseline) Message-ID: <940@hou2h.UUCP> Date: Wed, 12-Jun-85 09:11:31 EDT Article-I.D.: hou2h.940 Posted: Wed Jun 12 09:11:31 1985 Date-Received: Thu, 13-Jun-85 02:30:01 EDT References: <2699@harpo.UUCP> Organization: AT&T Bell Labs, Holmdel NJ Lines: 68 > So its time for Ronalds Tax Reform. Now we can all bend over and take it > gleefully, knowing that we are doing our part to make America solvent again. > > Oh what a crock of shit. Why is it that everytime it comes time to adjust > the fairness of the tax system, the 'middle' class gets the shaft - perhaps > we are migrating to a two class society, the rich and the poor. > > Under the current system I loose around 35% of my pay to various > taxes. Under Reagans plan this figure will climb to about 40%. I am > being taxed like I was a rich man, which I am not because I am single > without deductions and a spouse to feed and I can't afford a small > house. Under Regans plan, I might be better to go on the dole and at > least enjoy the 40% more free time that I now waste fulfilling my > social obligations. > > The only part I can agree with is the disallowance of the second > home mortgage interest deduction. If you are rich egnough to afford > a vacation home then you can damn well afford the additional tax. If you can't afford a small house then you must be renting. If you are renting, someone must own the house that you are renting in. It is possible that the person that owns your house is holding the house as a second (or third or fiftieth) house. If he can't take the interest deduction (Say $2400/Yr.) then he will be placed in a position of loss of income. RESULT: He raises your rent by $200/Mo. and you get screwed even more. > > If Uncle Sam is trying to cut the deficit then cut the fucking > defense budget. Billions and Hundred of billions spent on weapons and > systems that everyone prays that won't ever be used. Why the fuck should > my tax dollars go to what amounts to a subsidy to TRW, Northrop, Grumman, > Lockheed, Sperry, and other pillars of American capatilism. Cut off the > aid to Latin Americans who are fighting the bad evil Communist menace. > Who cares about San Salvador's politics anyway ? > > While you are at it one could increase the tax rates on corportaions. > They pay too little as it is. They pollute the air, water, and ground. > They exploit labor. And they get a tax break too ? Of course they could > leave the U.S in protest but that could be stopped by passing laws that > makes it an act of treason if a corporation locates off shore to avoid > paying their fair share of taxes. Corportaions should be taxed at around > 50% considering that our whole economic system is geared to there well > being and fiscal health. > > Disallowing state and local taxes as deductions. Fine if you live > in Maine or North Dakota where your state tax is as low as an auto > insurance premium in N.J. Bad news if you live in a welfare state > (NY, CA, FL). The argument will be something like - Well we hicks > on the farm are sick of paying for all the people on the dole in > the northeast and california. Well it can also be argued that taxes > that New Yorkers paid to uncle sam built some of the wonderful hydro- > electric projects that enables you hicks to pay 1/7 the cost of > electricity that we do. And those same taxes paid for low interest loans > for expansion of your hick towns and the paving of your hick roads. > > > Perhaps the only answer is thermonuclear war. It would enable us > to use our wounderful modern weapons, and cleanse the Northeast of > millions of lazy slobs who do nothing but sponge off the hicks anyway. > It would cleanse the west cost of all those California liberals as well. > All that would be left would be East of the rockies and west of Ohio > and the Bible belt could rest well and flourish in the economic bliss > of a country purged of lowlifes. The U.S.A. Where opinions run rampant ......... Mark