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Bob Crantz
 
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Default Scotty's mistake


"Maxprop" wrote in message
news

"Scotty" wrote in message
...

"Maxprop" wrote in message
ink.net...

But the poor are taxed more heavily! Cigarette taxes,

booze taxes,
lotteries, gambling taxes, motel room taxes - it all

adds up!


Rich folks don't drink or smoke?


Statistically less than po folks.


That's not my statement, Scoot. Pete, I think, said that.

Ya can't have it
both ways--either the taxes discourage smoking or they

increase revenues,
but not both.


Why not?


Think about it.


The Laffer Curve says you can have both.


You mean to say Social security and medicare go to the

rich?

Yup. Just like it goes to the poor. You should know

that. Think of it
this way: when Bill Gates is 65, he'll collect his SS

that same as you and
me.



And why shouldn't he, he pays into it, the same as you and
me?


No reason--I was just countering a point made by someone else. And that
*is* my quote, by the way.



Medicare and medicaid do go to the rich. What does it pay for? The sick
person is just an intermediary.

Bill gates won't collect social security as you and I do. It's taxed.






Max



 
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