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<DIV>The Supreme Court has been tip-toe through the tulips on that
subject.</DIV>
<DIV> </DIV>
<DIV>Every time congress gets sufficient spine to pass a campaign finance
reform, somebody goes to court to denounce the law as an infringement of free
speech. The basic idea being, if you have the money to project your speech on
everyone's TV set, the government is barred by the First Amendment from
restricting your right to do so. The Supreme Court has generally agreed.</DIV>
<DIV> </DIV>
<DIV>On the other hand, some campaign finance laws have been left intact, by
some reasoning or other. It is constitutional to tax rich peeps and corporations
at a higher tax rate. The Supreme Court tried to ban that as unconstitutional,
but the ultimate trump card is a constitutional amendment, which congress and
the states passed (Sixteenth Amendment) saying that a graduated income tax is
allowed.</DIV>
<DIV> </DIV>
<DIV>What gets in the way, is that rich corporate executives donate money to
campaign funds to convince average working families that "higher taxes" are
going to primarily hit them. The point of a graduated income tax is, the highest
percentages are ONLY paid on income ABOVE a certain level: if you don't make
$250,000, you don't pay the top rate. I never pay more than 10% on any of my
income. Of course I'd prefer that the first $20,000 be tax exempt.</DIV>
<DIV> </DIV>
<DIV>Siarlys</DIV>
<DIV> </DIV>
<DIV>On Thu, 2 Oct 2008 17:31:18 -0700 "Discussion of the Good, Clean Funnies
List" <<A href="mailto:gcfl-discuss@gcfl.net">gcfl-discuss@gcfl.net</A>>
writes:</DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 10px; PADDING-LEFT: 10px">
<DIV dir=ltr>I'm all for Corporations and Rich peeps paying the bulk of the
taxes. But how do you do that when the Supreme Court has even ruled that Money
is a form of free speech?<BR>~Lance<BR><BR>
<DIV class=gmail_quote>On Thu, Oct 2, 2008 at 7:44 AM, Discussion of the Good,
Clean Funnies List <SPAN dir=ltr><<A
href="mailto:gcfl-discuss@gcfl.net">gcfl-discuss@gcfl.net</A>></SPAN>
wrote:<BR>
<BLOCKQUOTE class=gmail_quote
style="BORDER-LEFT: rgb(204,204,204) 1px solid; MARGIN: 0pt 0pt 0pt 0.8ex; PADDING-LEFT: 1ex">
<DIV>
<DIV>Lance, I ran across this again while cleaning out old emails. You
probably noticed that McCain is now openly advertising that one difference
between him and Obama is that he will LOWER corporate tax rates, because he
thinks that is the way to restore economic prosperity. There are only three
ways to do that: (1) put additional tax burdens on all the rest of us, (2)
borrow huge sums of money, most of it from overseas, which taxpayers will
have to repay with interest, (3) cut federal spending by an amount equal to
the lost revenue from corporate tax -- and I want to see which budget lines
he would cut. Any fool can talk about cutting "wasteful spending" but nobody
want to offer details. Voters would say, no wait, that's someting I WANT the
government to do.</DIV>
<DIV>
Siarlys</DIV>
<DIV> </DIV>
<DIV>On Mon, 1 Sep 2008 23:59:15 -0700 "Discussion of the Good, Clean
Funnies List" <<A href="mailto:gcfl-discuss@gcfl.net"
target=_blank>gcfl-discuss@gcfl.net</A>> writes:</DIV>
<BLOCKQUOTE
style="BORDER-LEFT: rgb(0,0,0) 2px solid; MARGIN-LEFT: 10px; PADDING-LEFT: 10px">
<DIV dir=ltr>Is Obama as financially savvy as Clinton? Will the Democrats
support such a thing? Will they raise the taxes on Corporations and remove
tax credits so we can return to Corporations paying the bulk of taxes
instead of the lower and middle
class?<BR>~Lance</DIV></BLOCKQUOTE></DIV></BLOCKQUOTE></DIV></DIV>
<DIV> </DIV></BLOCKQUOTE></BODY></HTML>
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