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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (635576)	11/10/2011 6:53:56 PM
From: Alighieri	Read Replies (1) of 1583159

Under a flat tax scheme, Buffett would be paying 9% on all his income. You are woefully uninformed...buffett would see a huge tax cut by the numbers alone and the very poor a significant increase...you do know that Cain's plan exempts all cap gains from taxation...his presentation of the before and after tax burden of the typical family of 4 at $50K/year is WAY off the mark... But the bottom line is this. You hate a flat tax. You see the rich getting richer and wonder why they shouldn't be paying more than they already do. WTF are you talking about? I AM WONDERING WHY THEY SHOULD BE PAYING LESS? Am I to assume that you support this buffoon? Only problem is that if you really think about it, a sharp progressive tax curve is one of the reasons why the rich is indeed getting richer. So the last 30 years are what? A fantasy? And you'll figure this out once you realize that an income tax is NOT a wealth tax, but a tax on the accumulation of wealth. What???? Are you living in an information bubble? The richer have NEVER been richer...let me know when income tax starts to threaten their wealth OK? Al

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