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Politics : Formerly About Advanced Micro Devices

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To: Wayners who wrote (774388)

3/12/2014 5:36:59 AM

From: koan

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Warren is a smart decent person and would never do anything as stupid as you outline below.

You just made that stuff up and assigned it to her.

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ok what Warren is describing is just a wage and price control on small businesses like farms. All investments are made based on an attractive rate of return. An attractive rate of return examines things like other investments available, how much risk is being taken and what do you get back for that return. If you tax, arbitrarily somebody with a net income of million dollars without looking at how much they invested, what their risk was, you endanger shutting down their business permanently. How many people did they employ? You don't seem to care because it's all about somebody with a net income of a million dollars. Let's say this business had to borrow at interest 500 million dollars to return a million dollars. That's an annual return of no more than a fraction of a percent. If anything goes wrong this business doesn't stand a chance. Well that wrong thing steps in, and it's Elizabeth the fake Indian Warren.

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