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Fiscal Cliff? Tax the Rich

Scrap Iron in Texas Wrote: Nov 10, 2012 5:03 PM
Raising tax RATES does not mean you will raise tax REVENUE, It does, in a static economic model, but when you change tax rates, up or down, people will adjust their behavior to compensate for these changes. When capital gains tax rates were lowered, the treasury got about 50% more revenue. THAT is the truth liberals refuse to admit.

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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