Ummmm, what is true in one time and space isn't necessarily true in another....So Ayn, god rest her sole may have some nice platetudes to chant... but she's not here to upgrade... sadly; for example:
<No one tells her that higher taxes imposed on the rich (and the semi-rich) will not come out of their consumption expenditures, but out of their investment capital (i.e., their savings); that such taxes will mean less investment, i.e., less production, fewer jobs, higher prices for scarcer goods;>
Yes in Ayn's small provincial one country world of the 50's :) In todays world all the "less investment, less production, fewer jobs" are all in Asia and Mexico.
You aren't REALLY that stupid are you???
As for higher prices?? Well THAT is obviously where the Fed comes in... and both parties have been completely clueless except for Ron Paul.... which the republicans promptly showed the door when he opened HIS mouth.
You should wake up and smell the fucking coffee dude. As one of those "Rich guyz" I can assure you, money goes where it makes more... NOT for some pie in the sky dopey investment in a bloated, obese, and over invested country like the US.
Let me clue you in.... if you can make 100% on your money in China and 7% on your money in the U.S. and 12% in CAnada.... tax rates moving around from 15% to 20 or 25% doesn't mean BUPKISS...
Get it???
DAK |
