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Re: But the GOP claims that this is NOT how it's SUPPOSED to be...

By: oldCADuser in FFFT | Recommend this post (0)
Thu, 07 Jul 11 9:53 AM | 42 view(s)
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Msg. 30492 of 65535
(This msg. is a reply to 30490 by ribit)

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It worked in the past. Why would it not work now? Are you saying that today's crop of rich people are more dishonest or cynical than they were back when Eisenhower was president (the last time the marginal tax rate was 90%)?




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OCU


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The above is a reply to the following message:
Re: But the GOP claims that this is NOT how it's SUPPOSED to be...
By: ribit
in FFFT
Thu, 07 Jul 11 9:13 AM
Msg. 30490 of 65535

ocu
...taxing the rich would be alright if it would work, but it won't. When you punish an activity people stop doing it. If the govt takes a bigger share of my investments then I wuit investing. If I can increase my profit margin more by downsizing than I can by building, that's what Im gonna do and that's what most everybody else in business is going to do.


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