To: | "Discussion of Ten-Tec Equipment" <tentec@contesting.com> |
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Subject: | Re: [TenTec] TT/Alpha merger, taxes |
From: | "Roy" <royanjoy@ncn.net> |
Reply-to: | Discussion of Ten-Tec Equipment <tentec@contesting.com> |
Date: | Tue, 13 May 2014 11:30:01 -0500 |
List-post: | <tentec@contesting.com">mailto:tentec@contesting.com> |
" TN has an intelligent tax system. Pretty well NO PERSONAL INCOME TAX! High 9%, I believe, sales tax. The way Federal Tax should be - a consumption tax. (etc.)" So let's see, a guy making a million a year probably dispenses 30% of his income, while a worker making 50K likely spends all. The millionaire pays tax on a small percentage of his income, whilst the common worker pays on nearly all of his. 73, Roy K6XK _______________________________________________ TenTec mailing list TenTec@contesting.com http://lists.contesting.com/mailman/listinfo/tentec |
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