Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SilentZ who wrote (541973)	1/8/2010 11:17:05 AM
From: Tenchusatsu	1 Recommendation Read Replies (3) \| Respond to of 1575604

Z, > Because they got the level wrong? Remember, the House really does want to keep the "new" (remember, taxes are nowhere near what they were 30 years ago), taxes confined to those making over $250K/year. Doesn't matter what the House wants or what the intended level is. We all get screwed over by higher taxes. Best way to raise taxes is to raise them on everyone. That way you have a consistent revenue stream and everyone can feel the burden of "being a f**king society, Tench." Raising taxes on the "rich" almost always screws over the middle class one way or another. This "Cadillac tax" is one of many examples. CA tried to structure its taxes on the "rich," and look what happened. Like I said before, if you want a real wealth tax, tax property. Tenchusatsu