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

To: i-node who wrote (684510)	11/12/2012 2:15:43 PM
From: puborectalis	Read Replies (3) \| Respond to of 1575973

The people of America obviously disagree with your economic opinions.......trickle down economics does not work

To: i-node who wrote (684510)	11/14/2012 6:08:50 AM
From: Alighieri	Read Replies (2) \| Respond to of 1575973

But I still don't see what you would hope to accomplish by raising rates on successful people. It's revenue, and a fair amount of it depending on the level of tax increases and loophole closing that's done. The question really is why do you insist on protecting a group of people who have amassed unprecedented wealth since Reagan...and if you get revenue from them, then who? It's clear we can't close the debt with cuts alone. I'm not quite sure how the left is so confused over this; it is pretty obvious that if you take a billion from the wealthy, that's a billion they don't have to invest, and investment is the root cause of economic growth. That assumes that they "invest" their wealth in a way that produces jobs. The other, far more credible, theory is that when a vast share of the national wealth is held by very few demand drops...which is the condition we are suffering from now. Al