Ted166 Wrote:
Dec 02, 2012 11:31 PM
When statistical data tells you that raising taxes has no effect on economy how can you not agree that Obama’s push for it is purely political - old fashion divide and concur. On top of it anybody knowing basics of economics knows that additional revenue is calculated by Obama’s administration on phony assumption – it’s assumed that the rich won’t change their way of investing. Look at Great Britain “experiment”. In 2010 – 2011 16000 Brits paid taxes on one or more million pound income. After taxes on the rich went into effect only 6000 million did – many left the country others stopped investing shelving the money. So in addition to less new jobs created (for you libs, private investments not government create jobs) revenue collected...