Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (322546)	1/23/2007 6:58:07 PM
From: Tenchusatsu	Read Replies (2) of 1574996

JF, > The government would be taking from the poor & middle class to give to the rich a tax cut in real time... instead of adding interest. You really don't get this do you? Only if you think the poor and middle class will be paying for the debt in the future. More likely is that taxes on the rich will have to be raised, perhaps to rates comparable to the EU. It's not a foregone conclusion that the debt will be paid for by the lower classes ... except indirectly in terms of higher inflation, higher interest payments (as you point out), etc. > If you lower the liability for one class, you raise it for another. No, you don't. You simply lower the liability for that "class." Period. Tenchusatsu

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