Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Skeeter Bug who wrote (14099)	5/11/2001 10:52:13 AM
From: Follies	Read Replies (2) of 42834

I forgot fat cat farmers with 5 million dollars farms who have a couple of drought years and no income, of course they should have to cough up part of that farm each year. What do you think would happen to the savings rate if your savings were taxed every year? Gee I just got a bonus from work, should I blow it all in Vegas and not pay any taxes on it or should I save it and pay taxes on it every year? Therein lies the fallacy of liberalism and class envy. It doesn't work, it sounds good like a ponzi scheme, but when you examine the full consequences, it just doesn't work.

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