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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (312622)	11/27/2006 3:24:29 PM
From: Road Walker	Respond to of 1572706

re: Every time someone proposes increasing taxes on the "rich," that person assumes that the "rich" represent a nearly limitless pool of money for the government to draw upon. Straw man and not true.

To: Tenchusatsu who wrote (312622)	11/27/2006 3:36:07 PM
From: combjelly	Read Replies (2) \| Respond to of 1572706

"Every time someone proposes increasing taxes on the "rich," that person assumes that the "rich" represent a nearly limitless pool of money for the government to draw upon." This all started with your claim that every time you got a raise, 40% went to the feds. I was just wondering how you came to that conclusion. Obviously, the rich aren't a bottomless pool. But neither are they shouldering the bulk without getting any benefits. No civilization can function without them. Citizens in the US have one of the lightest tax burdens in the developed world. And this is despite having the single most expensive military on the globe. There is a practical lower limit on the taxes that you can expect to pay, Texas is a great example of the state being able to afford too few services. Mississippi is another. It isn't mere coincidence that high costs states like California also have higher wages on the average. States play a big role in attracting and nurturing an attractive business climate.