<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	>
<channel>
	<title>Comments on: Ann at her best</title>
	<atom:link href="http://www.bookwormroom.com/2006/12/07/ann-at-her-best/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/</link>
	<description>She escaped from the belly of the liberal beast</description>
	<pubDate>Sat, 30 Aug 2008 08:40:54 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.6</generator>
		<item>
		<title>By: kevin</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8168</link>
		<dc:creator>kevin</dc:creator>
		<pubDate>Fri, 08 Dec 2006 13:52:05 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8168</guid>
		<description>Just my quick two cents--I'm against a flat tax but I am for the &lt;a href="http://www.amazon.com/Fair-Tax-Book-Saying-Goodbye/dp/0060875496/sr=8-1/qid=1165585061/ref=pd_bbs_sr_1/104-3099165-9428721?ie=UTF8&#38;s=books" rel="nofollow"&gt;fair tax&lt;/a&gt; which would replace the federal income tax and withholding system with a simple 23 percent retail sales tax on new goods and services.

This would (according to the Amazon link):

Make America's tax code truly voluntary, without reducing revenue
Replace today's indecipherable tax code with one simple sales tax
Protect lower-income Americans by covering the tax on basic necessities
Eliminate billions of dollars in embedded taxes we don't even know we're paying
Bring offshore corporate dollars back into the U.S. economy

Think about it; since people will pay taxes based on their consumption so it does create a progressive tax system.  This will render the argument that the rich can shield their income moot.  You want to live in a mansion and drive a Lamborghini?  You'll pay the appropriate taxes to do so.</description>
		<content:encoded><![CDATA[<p>Just my quick two cents&#8211;I&#8217;m against a flat tax but I am for the <a href="http://www.amazon.com/Fair-Tax-Book-Saying-Goodbye/dp/0060875496/sr=8-1/qid=1165585061/ref=pd_bbs_sr_1/104-3099165-9428721?ie=UTF8&amp;s=books" rel="nofollow">fair tax</a> which would replace the federal income tax and withholding system with a simple 23 percent retail sales tax on new goods and services.</p>
<p>This would (according to the Amazon link):</p>
<p>Make America&#8217;s tax code truly voluntary, without reducing revenue<br />
Replace today&#8217;s indecipherable tax code with one simple sales tax<br />
Protect lower-income Americans by covering the tax on basic necessities<br />
Eliminate billions of dollars in embedded taxes we don&#8217;t even know we&#8217;re paying<br />
Bring offshore corporate dollars back into the U.S. economy</p>
<p>Think about it; since people will pay taxes based on their consumption so it does create a progressive tax system.  This will render the argument that the rich can shield their income moot.  You want to live in a mansion and drive a Lamborghini?  You&#8217;ll pay the appropriate taxes to do so.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: ymarsakar</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8169</link>
		<dc:creator>ymarsakar</dc:creator>
		<pubDate>Fri, 08 Dec 2006 03:53:51 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8169</guid>
		<description>&lt;B&gt; If people use offshore accounts to hide assets, why should a flat tax as opposed to a progressive one make any difference?&lt;/b&gt;

I see it as incentive. People have offshore accounts for various reasons, primarily because it benefits them in one way or another. So other people get the finances and monies, while the funds are transfered away from America.

In terms of law, law should be made so as to give rewards to people to do the right thing and to punish when the wrong action is taken.

There are many laws that do things right and wrong. And even the right law, won't always work as intended.

&lt;B&gt;Whatever form of taxation is imposed, however fair and enlightened it purports to be, somebody will attempt to beat it.&lt;/b&gt;

The aim is not eliminating tax fraud or greed. The aim should be to make it easier for honest folks to be honest, and harder for dishonest folks to be dishonest.

&lt;B&gt;You think if people hire lawyers to find ways to beat taxes at 38 percent, that if the tax rate is reduced to 20 percent, they will hire 18 percent fewer lawyers, or spend 18 percent less time to evade paying? Sorry, guys, it don’t work that way.&lt;/b&gt;

I think it does work that way, because it is called the law of diminishing returns. As demand goes down, and supply goes up, along the z axis of time, they will hire less tax evading lawyers because they won't need them as bad. A flat tax means there are no excemptions that lawyers can "find" out. It is flat, there is no loopholes, or least fewer loopholes. So hiring lawyers just spends money that doesn't do anything to get more money. People hire lawyers because it saves them money, even with what they pay per hour. Make it so that the system causes people to spend more than they get back from tax lawyers, and you create a system that prevents abuse instead of invites.

Someone who gets taxed 60% might find it very pleasant to hire a lawyer for .5% of his income, to save 10% on taxes. It doesn't matter how honest a person is, if he believes the price too high for survival, he will cheat. The goal should be to make it easier on honest people, and try to find ways to discourage the dishonest.

I'm not for the flat tax for the equitability so much as for the simplicity and cost/time savings. Besides, it reduces the IRS and gov mint bureacracy. Aren't people for that?

I'm perfectly fine with rich Democrats like Barclay who says his Bush tax returns was just another blackjack game to him, being taxed at 60-70%. I have no moral, ethical, or systemic complaints about that. Does anyone?</description>
		<content:encoded><![CDATA[<p><b> If people use offshore accounts to hide assets, why should a flat tax as opposed to a progressive one make any difference?</b></p>
<p>I see it as incentive. People have offshore accounts for various reasons, primarily because it benefits them in one way or another. So other people get the finances and monies, while the funds are transfered away from America.</p>
<p>In terms of law, law should be made so as to give rewards to people to do the right thing and to punish when the wrong action is taken.</p>
<p>There are many laws that do things right and wrong. And even the right law, won&#8217;t always work as intended.</p>
<p><b>Whatever form of taxation is imposed, however fair and enlightened it purports to be, somebody will attempt to beat it.</b></p>
<p>The aim is not eliminating tax fraud or greed. The aim should be to make it easier for honest folks to be honest, and harder for dishonest folks to be dishonest.</p>
<p><b>You think if people hire lawyers to find ways to beat taxes at 38 percent, that if the tax rate is reduced to 20 percent, they will hire 18 percent fewer lawyers, or spend 18 percent less time to evade paying? Sorry, guys, it don’t work that way.</b></p>
<p>I think it does work that way, because it is called the law of diminishing returns. As demand goes down, and supply goes up, along the z axis of time, they will hire less tax evading lawyers because they won&#8217;t need them as bad. A flat tax means there are no excemptions that lawyers can &#8220;find&#8221; out. It is flat, there is no loopholes, or least fewer loopholes. So hiring lawyers just spends money that doesn&#8217;t do anything to get more money. People hire lawyers because it saves them money, even with what they pay per hour. Make it so that the system causes people to spend more than they get back from tax lawyers, and you create a system that prevents abuse instead of invites.</p>
<p>Someone who gets taxed 60% might find it very pleasant to hire a lawyer for .5% of his income, to save 10% on taxes. It doesn&#8217;t matter how honest a person is, if he believes the price too high for survival, he will cheat. The goal should be to make it easier on honest people, and try to find ways to discourage the dishonest.</p>
<p>I&#8217;m not for the flat tax for the equitability so much as for the simplicity and cost/time savings. Besides, it reduces the IRS and gov mint bureacracy. Aren&#8217;t people for that?</p>
<p>I&#8217;m perfectly fine with rich Democrats like Barclay who says his Bush tax returns was just another blackjack game to him, being taxed at 60-70%. I have no moral, ethical, or systemic complaints about that. Does anyone?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: JJ</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8170</link>
		<dc:creator>JJ</dc:creator>
		<pubDate>Fri, 08 Dec 2006 03:41:35 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8170</guid>
		<description>I get sick of doubletalk and the politics of class envy from democrats.  "The rich need to pay their fair share" - the top five percent of taxpayers are already paying 25%+ of the taxes in this country, and the top 10% pays 50%.

Which you in your job know perfectly well.

I don't care about other people's returns, but I object strenuously to political BS.

There ought to be one of those guys who rode in triumphal processions in ancient Rome in the chariot right behind the conquering hero, whose job was to whisper into the hero's ear as the parade wound along: "this too will pass."

Only in the case of Schumer, Clinton, Pelosi, Kennedy et al, it would be someone standing at their elbow who would reach out and smack them every time they began: "the rich need to..."  BAM!  Right in the chops.

Could only do them - and all of us - good.</description>
		<content:encoded><![CDATA[<p>I get sick of doubletalk and the politics of class envy from democrats.  &#8220;The rich need to pay their fair share&#8221; - the top five percent of taxpayers are already paying 25%+ of the taxes in this country, and the top 10% pays 50%.</p>
<p>Which you in your job know perfectly well.</p>
<p>I don&#8217;t care about other people&#8217;s returns, but I object strenuously to political BS.</p>
<p>There ought to be one of those guys who rode in triumphal processions in ancient Rome in the chariot right behind the conquering hero, whose job was to whisper into the hero&#8217;s ear as the parade wound along: &#8220;this too will pass.&#8221;</p>
<p>Only in the case of Schumer, Clinton, Pelosi, Kennedy et al, it would be someone standing at their elbow who would reach out and smack them every time they began: &#8220;the rich need to&#8230;&#8221;  BAM!  Right in the chops.</p>
<p>Could only do them - and all of us - good.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Zhombre</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8172</link>
		<dc:creator>Zhombre</dc:creator>
		<pubDate>Fri, 08 Dec 2006 02:52:23 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8172</guid>
		<description>"I don’t worry about what other people pay ...(t)he only tax return I give a damn about is my own ..."

Then what the hell do you care about people with higher incomes paying higher tax rates?</description>
		<content:encoded><![CDATA[<p>&#8220;I don’t worry about what other people pay &#8230;(t)he only tax return I give a damn about is my own &#8230;&#8221;</p>
<p>Then what the hell do you care about people with higher incomes paying higher tax rates?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: JJ</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8171</link>
		<dc:creator>JJ</dc:creator>
		<pubDate>Fri, 08 Dec 2006 02:45:35 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8171</guid>
		<description>I don't care what he does or doesn't take satisfaction in - it's none of hus business.  I don't worry about what other people pay, truck drivers or septic tank pumpers.  The only tax return I give a damn about is my own.

And envy is certainly helped along by one political party that specializes in it.

Not sure what it has to with Ann Coulter - but then, I came in late.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t care what he does or doesn&#8217;t take satisfaction in - it&#8217;s none of hus business.  I don&#8217;t worry about what other people pay, truck drivers or septic tank pumpers.  The only tax return I give a damn about is my own.</p>
<p>And envy is certainly helped along by one political party that specializes in it.</p>
<p>Not sure what it has to with Ann Coulter - but then, I came in late.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Zhombre</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8173</link>
		<dc:creator>Zhombre</dc:creator>
		<pubDate>Fri, 08 Dec 2006 02:31:17 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8173</guid>
		<description>What the hell does this have to do with Ann Coulter anyway?</description>
		<content:encoded><![CDATA[<p>What the hell does this have to do with Ann Coulter anyway?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Zhombre</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8174</link>
		<dc:creator>Zhombre</dc:creator>
		<pubDate>Fri, 08 Dec 2006 02:05:35 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8174</guid>
		<description>It may not be "equitable" but I have no objection to people who have prospered and have more resources paying a larger percentage in tax, as long as the top tax rate remains relatively low.  I'm all for low tax rates and for people keeping the money they have earned.  But if class envy exists, and I'd posit envy is inherent in human psychology, than a small concession to it to me is better than enforcing a rigorous equality.  Do you really think a truck driver in Des Moines will take satisfaction in the fact he pays the same tax rate as Bill Gates, or some Hollywood idiot that makes $10M per movie?</description>
		<content:encoded><![CDATA[<p>It may not be &#8220;equitable&#8221; but I have no objection to people who have prospered and have more resources paying a larger percentage in tax, as long as the top tax rate remains relatively low.  I&#8217;m all for low tax rates and for people keeping the money they have earned.  But if class envy exists, and I&#8217;d posit envy is inherent in human psychology, than a small concession to it to me is better than enforcing a rigorous equality.  Do you really think a truck driver in Des Moines will take satisfaction in the fact he pays the same tax rate as Bill Gates, or some Hollywood idiot that makes $10M per movie?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: JJ</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8175</link>
		<dc:creator>JJ</dc:creator>
		<pubDate>Fri, 08 Dec 2006 00:40:03 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8175</guid>
		<description>A flat tax is more equitable because it's the definition of the word "equitable."  Everybody pays the same rate: that's equitable.

As soon as you start tinkering with that straightforward proposition, such as : "A has more (a bigger basis) than B does, therefore A should pay more because he/she/it can afford to" - it may be fine, it may fit your definiton of "fair," but that's no longer equality, and is therefore by definition not equitable.

"Progressive" anything by definition can't be equitable.

If 20% of me is bigger than 20% of you, then the IRS will indeed collect more from me than from you - equitably.

Great IRS answer, though Z - "I don't see anything wrong with the wealthy paying a higher rate.  They have more money after all."

Class envy, in a nutshell.</description>
		<content:encoded><![CDATA[<p>A flat tax is more equitable because it&#8217;s the definition of the word &#8220;equitable.&#8221;  Everybody pays the same rate: that&#8217;s equitable.</p>
<p>As soon as you start tinkering with that straightforward proposition, such as : &#8220;A has more (a bigger basis) than B does, therefore A should pay more because he/she/it can afford to&#8221; - it may be fine, it may fit your definiton of &#8220;fair,&#8221; but that&#8217;s no longer equality, and is therefore by definition not equitable.</p>
<p>&#8220;Progressive&#8221; anything by definition can&#8217;t be equitable.</p>
<p>If 20% of me is bigger than 20% of you, then the IRS will indeed collect more from me than from you - equitably.</p>
<p>Great IRS answer, though Z - &#8220;I don&#8217;t see anything wrong with the wealthy paying a higher rate.  They have more money after all.&#8221;</p>
<p>Class envy, in a nutshell.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Zhombre</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8179</link>
		<dc:creator>Zhombre</dc:creator>
		<pubDate>Thu, 07 Dec 2006 23:30:39 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8179</guid>
		<description>A flat tax, per se, makes absolutely no difference, Y.  If people use offshore accounts to hide assets, why should a flat tax as opposed to a progressive one make any difference?  I have worked in tax compliance for 23 years and all these great schemes to make taxation fair and beef up enforcement, ushering in some golden age of tax compliance, are nothing but a mirage.  Believe me, a mirage.  Whatever form of taxation is imposed, however fair and enlightened it purports to be, somebody will attempt to beat it.  Some people are simply greedy and devious, some are simply scofflaws.  You think if people hire lawyers to find ways to beat taxes at 38 percent, that if the tax rate is reduced to 20 percent, they will hire 18 percent fewer lawyers, or spend 18 percent less time to evade paying?  Sorry, guys, it don't work that way.</description>
		<content:encoded><![CDATA[<p>A flat tax, per se, makes absolutely no difference, Y.  If people use offshore accounts to hide assets, why should a flat tax as opposed to a progressive one make any difference?  I have worked in tax compliance for 23 years and all these great schemes to make taxation fair and beef up enforcement, ushering in some golden age of tax compliance, are nothing but a mirage.  Believe me, a mirage.  Whatever form of taxation is imposed, however fair and enlightened it purports to be, somebody will attempt to beat it.  Some people are simply greedy and devious, some are simply scofflaws.  You think if people hire lawyers to find ways to beat taxes at 38 percent, that if the tax rate is reduced to 20 percent, they will hire 18 percent fewer lawyers, or spend 18 percent less time to evade paying?  Sorry, guys, it don&#8217;t work that way.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: ymarsakar</title>
		<link>http://www.bookwormroom.com/2006/12/07/ann-at-her-best/#comment-8178</link>
		<dc:creator>ymarsakar</dc:creator>
		<pubDate>Thu, 07 Dec 2006 23:25:42 +0000</pubDate>
		<guid isPermaLink="false">http://proto2.webloggin.com/?p=1140#comment-8178</guid>
		<description>There is also the question of corporate taxes, because the employers get taxed for their income, and then the company income revenue gets taxed "again". It would be much simpler to pay people more, and tax them once, not twice. After all, look at Ford, their costs are going up and they had to cut the pay of their workers. The corporate tax structure was reduced by Margaret Thatcher in Britain, so theirs might actually be a bit lower than ours in terms of tax brackets.

In a global economy, with Japanese and French subsidized companies, putting a tax on the profits of these companies, lowers their ability to compete and therefore destroys American companies and thus American jobs.</description>
		<content:encoded><![CDATA[<p>There is also the question of corporate taxes, because the employers get taxed for their income, and then the company income revenue gets taxed &#8220;again&#8221;. It would be much simpler to pay people more, and tax them once, not twice. After all, look at Ford, their costs are going up and they had to cut the pay of their workers. The corporate tax structure was reduced by Margaret Thatcher in Britain, so theirs might actually be a bit lower than ours in terms of tax brackets.</p>
<p>In a global economy, with Japanese and French subsidized companies, putting a tax on the profits of these companies, lowers their ability to compete and therefore destroys American companies and thus American jobs.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
