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Politics : View from the Center and Left

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To: Dale Baker who wrote (209534)	11/26/2012 10:29:48 AM
From: Mark Mandel	3 Recommendations Read Replies (1) of 540888

Why Warren Buffett is right bout raising taxes on the rich... finance.yahoo.com "First, he only calls for raising taxes on Americans earning more than $500,000 a year, not the $250,000 that President Obama is focused on. Families who earn $250,000 and live in major cities justifiably point out that this salary does not leave them feeling "rich." So, raising the definition of rich would go a long way toward making these tax hikes more palatable." And then when he talks to the folks that earn at least $500,000, they will tell them they don't feel so "rich"? Anyone wonder why people that live in major cities and earn $250,000 don't feel "rich". Perhaps it's the country clubs/fitness gyms/spas they belong to? Or, how about the private schools their kids attend? Or, how about the massive "phone" bills they pay for all of the electronic gadgetry they own. Hmmm and don't forget the BMW or Audi maintenance that needs to be done. And, and...

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