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


To: combjelly who wrote (404160)8/4/2008 11:53:41 AM
From: michael97123  Read Replies (1) | Respond to of 1574540
 
Buffet is a poor example as is bill gates. If he were taxed at 90%, it wouldnt matter. He would continue to work hard and give away millions. His wealth is beyond the point where it matters how much he makes, so he can affordd to be a liberal. The folks i am talking about are the folks who are now climbing the ladder to become the next Buffett. Ask them what low tax predictablity and less regulation mean. Now i am not suggesting that we dont need more revenue and that tax and spend or borrow and spend can get us out of this mess. Neither can. So impose a temporary surtax on top of the bush tax cuts, made permanenent for the most part, that themselves expire in three years. That would at least give the up and comers a road map back to lower taxes after the crisis is somehow resolved. High taxes made permanenent hurt the economy over time.