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Fiscal Cliff? Tax the Rich

Marty80 Wrote: Nov 10, 2012 11:41 AM
Oh come on! Raising the tax rate a few percentage points isn't going to turn us into the Soviet Union. It's one step of several that need to be made to help get rid of the deficit. This notion that it's cruel to raise this rate or that it will crush the economy is just absurd hysterics.
OneForFreedom Wrote: Nov 10, 2012 11:46 AM
Problem is that collecting 2.25 trillion vs. 2.2 trillion won't do anything for the deficit. People talk about the multiplier effect - how much does a dollar generate, depending on whee it's spent. Goverernment does not have a multiplier effect (except for 1X). All that tax increase will do is make some people feel better.

Barack Obama wants you to know that the rich are out of control.

And I partially agree. It’s a matter of fairness.

After thinking about it for a few years, he has finally figured out that our economic problems have a very simple explanation: There are too many rich people.

I know of at least one too many. The one occupying the White House? Way too rich.

(Editor's note: I'm taking a few days off. I'll see you guys again on Tuesday)

Too many rich people are causing a jobless “recovery.” Having too many rich people caused gas...

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