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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (461190)3/4/2009 6:48:58 PM
From: Tenchusatsu  Read Replies (2) of 1574328
 
Michael, > Can you just even accept that a 5% increase in cap gains has no impact whatsoever and that 3% rate increase on end rate has little impact.

What's the point? So much has been made of the Bush tax cuts, much more so than the actual impact it's had. That's politics for you. Image is everything. Even SilentZ thinks he only got $300 out of the tax cut and that the "rich" made out like bandits.

We could roll back those tax cuts and it would not make a dent in the deficit. Democrats already have plans to spend the additional revenue seven times over. As long as they can ride the popularity of Obama, the money train will keep rolling in.

Tenchusatsu
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