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Originally Posted by Jet Gorgon Back to the elec. I see Barack has garnered major grassroot support. Any thoughts on this folks? Will the corporations and industries let him muscle in? Sure, IMO, grassroots is good if you have a plan to sustain and improve the economy. Giving away via taxes the profits of people who have a vision and the motivation to make their biz work (aka Ayn Rand) will only cause these people to move their business elsewhere. Then where will the hand-outs come from? |
Fair point, and I am certainly waiting to see some numbers rather than visions and campaign promises from all of the candidates. But give him his due, Obama's a smart cookie- prolly the most cerebral of any of the contenders.
I think the upper 10% of net worth people in the States can expect to pay more tax, whoever gets in. It has never seemed fair to me that they can get away with paying a lower rate of tax to the nation that afforded them their fortune than the middle and working classes.