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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (1598)7/7/2014 6:23:10 AM
From: Jerome  Respond to of 26763
 
Hi Kirk, I.m not in favor of surtaxes on the very wealthy. California has been very generous in taxing high income earners. New York, and some eastern states are close behind.

One of the things I see happening is that states like California and New York have huge infrastructure needs that are not being funded by the Federal Government. With Congress and Boehner refusing to raise any taxes on income, gasoline or anything else the states have jumped into the tax raising business.

If low tax rates were the panacea for everything, then Mississippi would be booming with new enterprises. And that's just not the case.

I think that a modest tax increase spread across the entire population would be best.

Maybe California, Arizona and Texas could figure out a way to tax illegal immigrants. Now who would object to that? One way to do this would be to sell green cards only to managers of farm workers. This might raise the price of some veggies and fruits but the idea is to spread the tax burden equally.

One way to retrieve corporate money from overseas is to give those firms that do not park money overseas, preference in all Federal and State business. And at the same time companies that manufacture in the US, preference in State business.

Under funding of infrastructure will probably be the cause of the next financial crisis

Glad to see that you are that you are opposed to the ACA.