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If Democrats are willing to budge on spending, Republicans will look foolish not to sacrifice some of their sacred cows, including taxes

By: clo in ROUND | Recommend this post (0)
Tue, 12 Jul 11 2:34 AM | 44 view(s)
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If Democrats are willing to budge on spending, Republicans will look foolish not to sacrifice some of their sacred cows, including taxes

6:15 PM Republicans say they will refuse to raise taxes,

http://www.nytimes.com/2011/07/11/us/politics/11debt.html?_r=1&hp

but Peter Morici thinks they would be smart to reconsider.

http://www.cnbc.com/id/43711560/

Barry Ritholtz wants to hit high net worth individuals whose numbers and
net worth have swelled during the past two years.

http://www.ritholtz.com/blog/2011/07/high-net-worth-wealth-9-1-in-2010/

The population of HNWIs rose 8.6% in 2010 to 3.4M after rising 16.6% in
2009, according to a CapGemini report, and their wealth jumped 9.1% to
$11.6T.

http://www.capgemini.com/services-and-solutions/by-industry/financial-services/solutions/wealth/regional_facts/regional_facts_namerica/




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