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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (315529)12/14/2006 8:18:24 AM
From: Elroy  Read Replies (1) of 1574267
 
Do you think that US rich people should have it as bad as in other countries with higher taxes on the rich? Or do you just want to stick it to US labor?

I think all of the people in the US are doing really, really well compared to the people in the rest of the world.

As for US labor their wages are probably going to decline for the rest of our lifetime. There's no way to get around the affect of globalization on the value of labor worldwide - it costs less.

As for who to tax, I don't have a lot of strong opinions other than my previously discussed idea that I think taxes on inherited wealth should be high. I have no problem raising taxes on wealth when the holders of the wealth didn't earn it.
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