And re tax cuts, or increases as Kerry wants. Bob Brinker was on this weekend on Money Talk. If anyone here listens to him, they will know he is certainly a Democrat.
However, he blasted Kerry for his proposals to "tax the rich"....He asked "How much is enought for the Government to take.... Same sort of questions we ask here.
Add in the increase in tax, plus probably more taxes on savings of various kinds, plus state income taxes, plus SS taxes....and heaven forbid, if one is in business for themselves or has a small business..... The tax rate comes to a minimum of 55% and most probably nearing or exceeding 60%%%%%!!!!!
And on top of that, most probably these events will bring inflation as well.
He believes, as do we in this home, that if it is anything like that, we will pull out and convert to cash....
And on the same token, he wasn't easy on the Bush Administration and Congress as well....He thinks as does Greenspan, that 'deficits DO count!!' |
