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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (79744)7/27/2010 8:20:42 AM
From: Road Walker  Respond to of 149317
 
I'm thinking you don't have to make it too punitive. Tax them at 3% more than 30Y treasuries on idle cash. Give an extra incentive for renewable energy investments 'cause that helps us all. You have to be careful with cyclicals like the auto industry... they need to stash the cash for rainy days.

It would probably also encourage these guys to return some cash to shareholders in dividends. Which also tends to put the money back to work.