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Neal Boortz announces retirement ,to be replaced by Herman Cain

Big Pimpin

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I ain't gonna work on Maggie's farm no more
After more than four decades on the airwaves in Atlanta, Neal Boortz this morning announced that he is ending his syndicated talk show on January 21, 2013, replaced by former presidential candidate Herman Cain.

Cain will take over that day when the president is officially inaugurated for the next four-year term.

???I???m going to miss everything associated with doing a talk show,??? Boortz said on air as his producer Belinda Skelton teared up.

He said he is not doing this for health reasons. Rather, he wants to travel with his wife Donna.

???We???re going to call this Neal???s happy ending,??? he added later.

After the break, associate producer Christina Gonzalez popped the champagne. Boortz didn???t partake: ???I don???t drink!???

Boortz, 67, has been the longest running talk show host on Atlanta radio. He is now heard locally on 95.5FM and AM750 News/Talk WSB from 8:30 a.m. to 1 p.m. weekdays.

In 1969, on what was then called 680/WRNG-AM in Atlanta, Boortz took over for a morning host who had just committed suicide ??? a story he loves to tell.

He earned a law degree and juggled radio and a private practice from 1977 to 1992.

Boortz joined WSB in 1993 when it was just on the AM side. He???s a workaholic who spends four and a half hours on air every day, longer than most hosts, and Tweets several times a day.

A self-proclaimed Libertarian, Boortz usually supports Republican policies and candidates but isn???t always in line with them on social issues such as abortion, gay marriage and drug enforcement. He espouses smaller government but has been more hawkish about terrorism after 9/11 than many Libertarians.

He portrays himself as an entertainer and castigates people who merely echo what he says and don???t think for themselves. His daily line about himself: ???Home of the high priest of the Church of the Painful Truth.???

Boortz has written four books. The most impactful was 2005???s ???The Fair Tax Book,??? which advocates dropping the federal income tax in favor of a national sales tax.

Although Boortz still has a home in Atlanta, he now spends most of his time in Naples, Fla. He grew up in several different places, including Florida, graduated from Texas A&M and spent several years in various professions before radio such as jewelry and carpet buyer, insurance salesman and a speech writer.

He has been lauded by radio groups across the nation over the years, entering the national Radio Hall of Fame in 2009.

Cain, a 66-year-old former CEO of Godfather???s Pizza, joined WSB in 2008 as an evening talk show host until early 2011, when he decided to run for president. His bid ended in December. Since January, he has provided daily commentaries on Boortz???s show and has continued to sub in for Boortz.

Cain???s radio footprint will now be national. Boortz is heard on about 240 radio stations. Talkers magazine, which tracks talk radio, estimates Boortz draws more than six million listeners a week, tied with Laura Ingraham for seventh.
 
flat taxes are for country's with low level of income inequality. the reduction of the progressive federal taxes is one of the reasons why the working class is in the position it is today. flat taxes are regressive on those that make the least, especially if you do away with various deductions, and all taxes on capital, etc...it's simple mathematics can't believe people buy into such stuff
 
simplified_tax_form.gif
 
a flat tax is nothing more than another trojan horse like supply-side economics to shift a greater percentage of the tax burden on those that make the least and see income increase the slowest along with being the most adversely effected by economic downturns due to stagnant wages in the inability to save.

those that push for a flat tax also want to see the elimination of all taxes on capital. that would cause inequality to return to old robber baron days in the 1800's. only the top 1% derive any income from capital that does not involve the sale of a home, etc.

Trends in the Distribution of Household Income Between 1979 and 2007
CBO | Trends in the Distribution of Household Income Between 1979 and 2007
 

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a flat tax is nothing more than another trojan horse like supply-side economics to shift a greater percentage of the tax burden on those that make the least and see income increase the slowest along with being the most adversely effected by economic downturns due to stagnant wages in the inability to save.

those that push for a flat tax also want to see the elimination of all taxes on capital. that would cause inequality to return to old robber baron days in the 1800's. only the top 1% derive any income from capital that does not involve the sale of a home, etc.

Trends in the Distribution of Household Income Between 1979 and 2007
CBO | Trends in the Distribution of Household Income Between 1979 and 2007

Flat tax isn't the same as National Sales Tax...
The first is still based on income, the latter is based in spending. I think it's not a bad idea, for frugal people they'll be able to hold onto more of their money and not get penalized for making good money.
 
the national sales taxes replaces the income tax and it does away with all of the various deductions, etc. and you also have to take into account the funding for state and local gov differs right now from the northeast, mid-west, south, etc. with out the deductions it will increase taxes for many especially for renters, since rental property's are taxed at a higher rate than owner occupied dwellings. and since low income earners spend the majority of their income on consumption that would get taxed at a higher rate as the national sales tax is paid IN ADDITION TO STATE TAXES.

and just like during the 30's and 40's consumption based taxes (excise taxes) did not generate enough revenue for the Fed gov to operate. and what people don't understand they will cut everything that goes to the people long before they ever stop giving to the billion dollar large firms.

the US tax code is incredibly fucked up but it is not the problem, stagnant wages and ever increasing inequality and monetary inflation are the culprits. the US is a low tax country. the constantly increasing low interest rates out of the central bank since the 80's is a direct result of this to fuel consumption via debt and not real income growth.

the ONLY way it is not an overall regressive tax plan is if EVERYONE spends the same percentage of their income or all of their income.

What do you think will happen if there is suddenly no taxation on capital gains, interest income or investment income? the incomes of the wealthy shoot up and they spend a smaller percentage of their income on consumption..
 
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