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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: wooden ships who wrote (4653)4/19/1998 12:05:00 AM
From: Alan Whirlwind  Read Replies (1) | Respond to of 42834
 
"Nobel Prize winner Milton Freidman tells us that even the serfs of Medieval Europe were taxed at but 25% of their output."

But Truman, the serfs didn't get any services... :)

Some of my thoughts on this:

Message 4036776
Message 4054692
Message 4058174



To: wooden ships who wrote (4653)4/19/1998 1:11:00 AM
From: marc ultra  Read Replies (2) | Respond to of 42834
 
To put the call in context the caller responding to Bob's questioning
said he had over $2 million in assets and earning over $100,00 a year and was bitterly complaining about being taxed on his Social Security and Bob pointed out private pension money is taxed at 100%. Without getting into class warfare I don't think Bob found his plight overly sympathetic and besides the philosophical issues was not ready to take up a collection for him.

Marc