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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (30153)5/5/2010 5:40:08 AM
From: GROUND ZERO™1 Recommendation  Read Replies (1) | Respond to of 103300
 
Sure they do!

Then you agree with me...

But, as a rule, the wealthy derive a greater portion of their income from investment earnings (cap. gains taxed at a preferential rate compared to their income tax bracket), and the wealthy generally SAVE a higher portion of their incomes

You continue to make my point... where the wealthy acquires their wealth has nothing to do with the tax itself, now you're just mixing apples and oranges, one has absolutely nothing to do with the other...

Maybe if the government encouraged people to save rather than spend, that the poor might be able to save some money and begin to build their wealth for some investment...

GZ



To: DuckTapeSunroof who wrote (30153)5/5/2010 5:40:19 AM
From: GROUND ZERO™2 Recommendations  Read Replies (1) | Respond to of 103300
 
Maybe if the government encouraged people to save rather than spend, that the poor might be able to save some money and begin to build their wealth for some investment... instead, the government keeps the poor from elevating themselves with entitlement programs that have only discouraged them from trying anything on their own, the government has mass murdered individual ingenuity and the pride of self reliance with more and more freebies, why bother working and saving any longer when everything will be handed to you...

GZ