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Old 09-11-2008, 10:17 AM
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J. T. Toad J. T. Toad is offline
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Quote:
Originally Posted by Excaliber View Post
I think the whole tax debate is a 'red herring', which
And yet so far this has been the only justification you have given for supporting O.

When has any tax increase been good for the typical, rich, or poor American?

IF you tax the rich (ceo, entertainers, "250K" plus people) , how will they make up the difference? Move to a more economical home? No, they will just raise the cost of product so they can make more money to sustain their standard of living.

For example - Ignorance is thinking that raising minimum wage increases standard of living... all it means that unless it "trickles up"... standard salaries got a pay cut.

I am not sure anyone has given thought to the fact that the forefathers succeeded for far less of a tax structure than we a burdened with now. Especially considering that as of this weekend, our Gov't is now the single largest owner of real estate debt.
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