In response to:

He's Mad as Hell and Not Going to Invest Anymore

Rosemary2 Wrote: Feb 03, 2013 10:32 AM
Back up and roll over me again, Albert. Do you mean that reducing tax increases led to the Great Depression? Doesn't make any sense.
"Why this fat cat likes Obama's tax plan" was the headline of a full-page ad La Jolla, Calif., investor Norman Lizt took out in The New York Times in August.

No, it wasn't really an endorsement. Lizt wrote that he has been a successful investor over the years, but if Americans re-elected President Barack Obama and his proposed tax hike became law, Lizt would face a marginal tax rate of "well over 50 percent." He wrote, "This represents the crossing of an inviolate threshold to me and is entirely unacceptable."

Lizt explained that he liked Obama's tax plan because it would prompt him...