In response to:

More Pain, Less Gain

renny4 Wrote: Nov 19, 2012 9:02 PM
A couple years ago MD decided to have a millionarie's tax ($400,000--I am not sure what the left does not understand about the word "million") and found it produced no money, and there were almost no millionaires in MD. They were in DE. Clinton and his wise *sses decided to punish "the rich" by extra taxes on yachts and KILLED the entire boating and marina industry in the US, and produced no new revenue. These people are insane, as they do over and over (do they not see the USSR is dead and Europe is dying?) the same stupid, losing, counter-productive idiocy year after yea.
bruce2104 Wrote: Nov 19, 2012 9:20 PM
Renny,
Agree but is lost on the left, I'm a small business and don't fall under current tax the rich BS but my time is coming soon.
Already I have to fire one employee and to put into perspective that one third of my work force and many in my business are doing the same it's called survival.
HalibutornThrockmorton3rd Wrote: Nov 19, 2012 9:36 PM
Three gardeners? Wow. I bet that was tough. So I guess that $3900 on income over $250,000 is really breaking you. Pity. How many pool boys did you have to let go? If this keeps up, I'll have to sell my Rolls Royce!
notmuchlonger Wrote: Nov 19, 2012 9:43 PM
bruce2104 Wrote: Nov 19, 2012 9:47 PM
WTF are you talking about!
A trainee in my business makes 35K a year my youngest and newest is just under 50K and you have know idea how much i spend to not only become productive but keep them up to date.
HalibutornThrockmorton3rd Wrote: Nov 19, 2012 9:49 PM
What, don't you have at least three staffers? How do you do it without help? Especially when you're in the top %1like I know you are.
bruce2104 Wrote: Nov 19, 2012 9:58 PM
Missed the tongue and cheek I guess I'm tired from my eighteen holes and the club.

President Obama and the Democrats have made a cottage industry of peddling "tax hikes for the rich" as the way out of the fiscal crisis precipitated by ObamaCare and other profligate spending.  

But with reports and polling showing that upper income spending has fallen since the beginning of September, the country may have a chance to see that "tax hikes for the rich" are not as costless as the administration and Democrats want Americans to believe.

The "rich" are pulling back in anticipation of tax increases coming down the pike in 2013.  As a result, it looks like they...