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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (461098)3/4/2009 4:07:03 PM
From: Tenchusatsu  Read Replies (2) of 1577693
 
Michael, > Do you think a 3 point hike in end rate tax from 36-39 will change anything at all in this demand side recession?

It's not just a 3 point hike in the top bracket or the 5 point hike in long-term capital gains tax. There's also the 15 point hike in payroll deductions on income above $250K.

All this stuff adds up.

When the additional tax revenue ends up being lower than expected, the "rest of us" will be stuck with the bill.

Tenchusatsu
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