uh uh uh from my father
oh really huh
yeah he had he had given me the information and i said hm that's interesting so i thought i'd uh get involved and see what's going on with it
yeah kind of curious because um some people found about it on the computer network others yeah
oh is that right so they have a bulletin out on it
yeah on the uh uh there's a network around like around the world and uh there's a Telecom Digest
oh okay
huh interesting
um i guess uh the topic we're talking about did they introduce the topic on your side
yeah taxes
yeah
and whether we're getting enough for the income and all that stuff
right
okay this the first time i've done this so um um we'll just
yeah hold on a sec
i'm on a i'm on a cordless it's giving me some trouble
oh you are
jeez
that make it better
uh all set
yeah
okay now what what do we do just press one and go for it
yeah
this is kind of weird
um all right um uh what what do you want to do as a prompt for the question
um oh you you didn't press it yet did you no okay um i don't know see uh
no
i'm a student i don't pay much in taxes
except for when i work that's a little bit yeah
oh you're a student oh okay
um hm
uh why don't i ask you the question um you know uh
i don't know um
being uh do i'll just ask you know do do you think income taxes work for this country or should we have a broad base tax
a broad base tax in terms of
of everybody just pays a flat rate
okay i have an answer for that
ten percent
what
i have an answer for that
okay all right i'll talk to you in a bit hold okay uh i'll just press one okay here we go
yeah
okay go ahead yeah
okay
right i guess i guess i'm just wondering uh what your thoughts are on taxes uh um
do you think that we should just have a kind of a broad based tax or just uh or do you like it the way it's set up now
um i think a progressive tax the way it is now is is good um
taxing
uh those people with more money
uh taxing them a little more i mean those people who can afford to pay it out i mean there
it wouldn't be fair to um like with say lower class people who don't make as much money
yeah
to uh pay out the same amount of taxes as someone making millions of dollars
well yeah i suppose that's i suppose that's true in i i guess i'm more for kind of a just a across the board tax because that way everybody would pay
the same a rate that's equal to what they were doing i mean if somebody only made ten thousand dollars a year and it was a ten percent tax
they're paying a thousand dollars whereas if somebody's making a million dollars a year
yeah okay
uh you know what i mean they're paying a hundred thousand dollars in taxes
yeah
as opposed to which what it seems like now which is you know these guys get away with uh all these tax breaks and everything else like that
that apply to them but they don't apply to the little guys so it seems like the all the taxes you know taxes are being paid by everybody else
seems kind of crazy
so you're saying um
ten percent let's say a broad base ten percent tax uh without any loopholes or
yeah
exactly exactly just everybody pays ten percent that's it
and then nobody has to worry about whether you know i get this and i get that and uh you know or this person gets a tax break but this person doesn't when this person makes that much more money
right
i mean that way you know somebody that's uh that's making uh ten million dollars pays a million bucks in taxes
they um uh see i guess the problem with that is are they really using their fair share
is who
of the person that pays that many that much more taxes
yeah
but then again they have as much use to the of the system as everybody
right
hm i yeah i see the i see the logic behind that
i don't know if that that would make sense i guess uh i guess what people do i guess the government's incentive now is to create incentives so that people will do more i guess house building or
buying homes or you know because of they give them break tax break on their interest because i have a break on our interest i mean all our our all our mortgage interest is deductible
yeah
right
um but it doesn't seem like they do a damn good job with the uh uh with the way they're spending the taxes
to
hm yeah promote borrowing
with tax breaks promote investment yeah
exactly
i mean they only just recently got rid of the interest uh that was deductible on credit cards and car loans and things like that
right personal tax
yeah but the major borrowing is still there i mean you know on mortgages and things like that
uh although i don't think that we could afford our house without having that uh mortgage deduction
hm
right
um you know it actually cuts down four hundred bucks a month
i think that
think something like that luxury tax was a mistake did they did they repeal that yet
i don't know that's a good question i i don't know whether they did or not
because i mean
yeah you're uh trying to get back at trying to sort of maybe punish i don't know the rich and make them pay some more but
it what happened was the the result was that uh
sales went down
in yachts and those kind of things
right
and so the little guy who works for those that employer
