Do you believe that it takes money to start a business? And also one other factor, willingness to lose it all. Have you thought about the graduated income tax? That is the wonderful socialistic program to have the government take money from the rich and give it to the poor.
Very few cash poor people start or finance a business. How do you think the picture would look if we gave up the graduated income tax? Wouldn’t it be better not to let the government have this wealth, and put it into failed programs, like Medicare, Social Security, and the outrageously expensive IRS and workmans’ compensation.
Instead let the wealthy keep the money they earned to invest in business and to start new business enterprises. Would you think that this is what would benefit the cash poor with the opportunity for more and better job choice? Study www.FairTax.org on your computer and then learn about the IRS, with its 111,000 employees, budget of $9 billion, expenses to comply estimated between $250 billion to $700 billion.
Do you think you will agree that the fair tax is the solution to a lot of our major problems. It is a tax on new retail purchases and services of 23 percent, brings in the same amount to the Federal Government, lowers costs by about 20 percent, and does away with income, capital gains, payroll, and death taxes. Makes cheating difficult, and refunds food and clothing tax for the poor. Have a look you’ll be glad you did.
Phineas Sprague
Cape Elizabeth
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