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

To: Road Walker who wrote (122331)	10/3/2012 1:34:32 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 149317

RW, And what happens to that money if its not paid to the 1%? It's either reinvested in the economy or goes to the wages of the 99%. Not exactly. Many execs don't even pay themselves a salary. It's all either stock, options, or dividends. Higher taxes do not encourage investment. They discourage it. Just ask France. Rich investors are either moving out of the country or staying out. I have never met an entrepreneur or business professional that thought, "Hmmm, taxes are going up. I should invest more in the economy and pay my workers more." Instead, they'll either invest less, hold off on hiring (because of the added tax burdens), or divert their capital toward lower tax areas. But it's amusing seeing you victimize the 1%. "YIELD! to Strawman trolling." - Road Walker Tenchusatsu