"Peter Wiley" wrote in message
. ..

I agree with Bob. Why should the rich be taxed more heavily? I don't
mean in absolute dollar terms, in percentage terms. If the tax rate is
10% for those 'deserving poor', why should it be higher for the
'******* rich'?

As for closing loopholes, really Jon, have you no knowledge of history,
or is this yet another manifestation of your determination to see the
world as you wish it was, rather than as it is? Show me *one* place or
country where closing loopholes etc has achieved what you want. At most
you get get richer middle class accountants, an increased tax burden on
the few people who can't find a way around the new rules, more complex
enforcement procedures and at last resort a flight of capital and
emigration of the rich.

In short, it doesn't work. It never has worked. Absent a worldwide
agreement on tax regimes and treatments, it never will work. It is a
waste of time.

Show me one country where your policy has been successfully
implemented. AFAIK there isn't one. OTOH Ireland has gotten a lot more
wealthy by reducing its tax rates.

So has the USA, or at least the revenues to the IRS have increased following
tax cuts. Richer is a relative term here, considering that we always tend
to spend considerably more than we accrue.

A federal sales tax is the only equitable method of taxing individuals.
Compensations would have to be made for the poor, but at least everyone else
has the option of paying more or less tax by virtue of his/her buying
habits. And no one is taxed at a higher rate than any other, the poor
notwithstanding.

Max