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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (390526)6/11/2008 4:17:47 PM
From: Alighieri  Read Replies (1) of 1576129
 
The bottom line is you think a man who makes a lot of money ought to pay a confiscatory tax rates. Those of us who understand the issues think those peoples' money is what provides jobs, and therefore, their wealth ought not be confiscated.

You paint it as an all or nothing, black and white matter, not unusual for you to dramatize an issue this way to make a point, but in fact the answer need not be so dramatic.

The bottom line is that the country is in deficit and debt. Either we find ways of reducing that burden or we raise taxes or the economy will pay a price similar to that created by excess taxation on the upper classes. The answer is probably both. You don't need to totally "confiscate" from the rich, nor can you take anything from those who don't have anything either.

Al
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