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  #1  
Old 06-02-2011, 11:44 AM
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Default 62% Federal Tax rate??!!
http://online.wsj.com/article/SB1000...ws_BlogsModule

So what are the libtards going to do when the "rich" contract their investment positions and people are put out of work by the tens of thousands?
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Old 06-02-2011, 11:56 AM
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This doesn't directly affect me.
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Old 06-02-2011, 01:50 PM
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This doesn't directly affect me.
How can it not affect you directly?
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Old 06-02-2011, 02:12 PM
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How can it not affect you directly?
I don't make a mil a year Tim.
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Old 06-02-2011, 03:09 PM
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I don't make a mil a year Tim.
But, I'll bet you're employed by someone who does.

Can't help but feel there is going to be even more unemployment if such a ridiculous tax increase goes through.

Where is the incentive for businessmen to grow their businesses?
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Old 06-02-2011, 03:36 PM
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But, I'll bet you're employed by someone who does.

Can't help but feel there is going to be even more unemployment if such a ridiculous tax increase goes through.

Where is the incentive for businessmen to grow their businesses?
moving to lower taxing countries? Similar to why so many wealthy have residences in FL, AZ and Nevada?
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Old 06-02-2011, 05:41 PM
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But, I'll bet you're employed by someone who does.
You are correct, this would be the definition of an INDIRECT affect. Let's face it. The GOVT, no matter which party is in charge, is always trying to stick a vacuum cleaner hose in my pockets. Riot and dell may disagree with this statement.
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Old 06-02-2011, 03:56 PM
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I don't make a mil a year Tim.
trickle down was my thinkin.....throw the stone across the pond...ripples!
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Old 06-02-2011, 04:00 PM
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trickle down was my thinkin.....throw the stone across the pond...ripples!
yes, because we all know that when we give rich folks more money they will share it with the middle class and the poor by creating more well paying jobs and increasing benefits...they are all really secret Santas!
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Old 06-02-2011, 12:04 PM
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The 62% rate is a State/Fed combined number. However numurous other taxes were left off, namely property, sales, utilities, cell phone, land line, internet, gas, airport, car registration, tolls, hotel, gambling winnings etc etc etc.

But come on now Pakistan and Egypt deserve our money. And AIG and GM were too big to fail. The USPO and Fannie and Freddie are like our children so they need to be taken care of. It all makes perfect sense now.
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