Ian Smith wrote:
"Duncan McNiven" wrote in message
...
On Sun, 21 Dec 2003 00:54:37 -0000, "Oliver Keating"
wrote:

Because they if they are rich enough to be buying a
second house (which I regard as the ultimate frivoulous
activity), they can certainly afford to be screwed for
every penny by the tax man.

Between us, my wife & I own 2 homes & rent a 3rd. Does
that make us rich? Hardly. We have our family home. We
also own the home which, before our marriage, I shared
with my mother; my mother still lives there. My wife also
rents an apartment near her work (1000 miles from home).

Now should I sell my old home, thus making my mother
homeless? Should my wife commute daily?

If you want to tax rich people, tax income, not what
people choose to spend their money on.

--
Duncan

My sentiment exactly. Tax all income at the same base
%, rich or poor; and abolish all other forms of taxation,
which are nothing more than a tax on already-taxed income.

Yup, I'd go for that. I'm sure most pensioners and other non income tax
payers would welcome it.