Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (220674)	2/24/2005 8:49:29 PM
From: Road Walker	Read Replies (2) of 1573215

re: Which would amount to a major tax increase, and not even the old Democratic standby of going after the super wealthy but rather a tax increase on well off working people. It would make it a less regressive tax. Would you rather go afer the super wealthy? We could keep the cap at $90K, and then put it back in for incomes over, say $200K? What do you think? re: Either that or just price inflation. Price inflation is understated. But with the current budget and account deficits, I'm not at all sure that price inflation won't top wage inflation in the coming years. It might break the system, better to go with the average, even though it is a "historical" cut in benefits. re: And raise the cap? You really do want to raise taxes don't you. I might accept raising the cap in return for a lowering of rates. Lowering taxes is what's got us into this mess. We need to put the country back on a sound fiscal basis. You have to recognize what's happening in the financial markets, right? You have to see how vulnerable we are. John

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