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Politics : View from the Center and Left

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To: Steve Lokness who wrote (210392)12/4/2012 11:53:32 AM
From: Wharf Rat  Read Replies (1) of 543498
 
"Should the rich be taxed more? Of course, but I'm fine with doing that by eliminating deductions"

I'm not. I'm fine with raising taxes and eliminating their deductions, tho. Also, much higher corporate taxes. They can afford it.

You tax them for the same reason Willie Sutton robbed banks...that's where the money is.

BTW, estate taxes are going up, too.

At $1.75 trillion, U.S. corporate profits hit an all-time high in the third quarter, accounting for 11.1 percent of the country’s GDP.
bizjournals.com

Gee... 2 years of 100% taxes will get rid of the debt. Ain't that sweet?
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