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Politics : Formerly About Advanced Micro Devices
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rdkflorida2
To: Tenchusatsu who wrote (1243918)7/2/2020 1:40:36 PM
From: Rarebird1 Recommendation  Read Replies (1) of 1575424
 
I find it hard to believe that a 70% marginal tax rate will come about with a Dem Congress. Most Senators and House Reps are multi-millionaires. They are not going to tax themselves at that rate.

Look at what Trump is doing: He has the Fed buying stocks, corporate bonds, you name it, to prop the market into the election. I suppose that's Ok because we profit from that.

Who knows where the limit of deficit spending lies? I doubt it can go on ad infinitum.
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