The person that makes more spends more????? ABSOLUTELY. They still have to buy the consumables. As for purchasing more luxury items, I'm not arguing unless: new vacation homes, resteraunt visits five times a week, new golf clubs every year, a new Benelli every season, a new car everytime it needs tires fall into the average Joe's spending habits. As for investing, your right, the rich invest. The rich invest in business, in american jobs. In fact I am glad my boss invested or I wouldn't have a job. As for the over seas deal, that is why this tax plan works, it takes out the value of overseas companies and makes it profitable to do busines with US companies, US employees, making the US company worth more, and the US employee more valuable. (Unless this isn't investing) I think the problem is some Joe's want the rich guys money, and taxing/taking it is easiest way to do it. As for the congress statement, they don't want a simple plan they want their job secured. Most of them are either loyal to their IRS buddies, attorneys or tax accontants, this plan would put them out of a useless job. Could you imagine the trillions that would be saved if this went through, no IRS (or a IRS 1/100 the size of the present one), no April 15th, no FICA. This would clean up trillions in government waste. OH YEAH, by the way with this plan, your right, everyone gets taxed. Especially all those illegals and all those making un-reported income, that is unless they never buy anything and steal it instead.
Edited by GUS (10/16/07 04:09 PM)
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