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Ground meeting tomorrow
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<blockquote data-quote="vantexan" data-source="post: 935867" data-attributes="member: 24302"><p>Except almost 50% of income earners don't pay any Federal taxes now while the top 10% pay most of it. It's easy to get people riled up by going around saying the rich should pay their fair share but they already do. And if you confiscated all their earnings it wouldn't begin to pay off the debt we've accumulated. The best we can do is greatly reduce taxes and the resulting economic activity will bring in much more revenue. John friend. Kennedy pointed that out in speech and it does work. Soaking the rich only keeps them on the sidelines. If they don't invest their wealth jobs won't be created. So yes, tax reform. But not by increasing taxes. So why isn't the economy doing better then? We have had a real estate crisis that we're nowhere near getting away from, and Obamacare has kept many wealthy businessmen from investing. They'll be hit with huge costs if they do.</p></blockquote><p></p>
[QUOTE="vantexan, post: 935867, member: 24302"] Except almost 50% of income earners don't pay any Federal taxes now while the top 10% pay most of it. It's easy to get people riled up by going around saying the rich should pay their fair share but they already do. And if you confiscated all their earnings it wouldn't begin to pay off the debt we've accumulated. The best we can do is greatly reduce taxes and the resulting economic activity will bring in much more revenue. John friend. Kennedy pointed that out in speech and it does work. Soaking the rich only keeps them on the sidelines. If they don't invest their wealth jobs won't be created. So yes, tax reform. But not by increasing taxes. So why isn't the economy doing better then? We have had a real estate crisis that we're nowhere near getting away from, and Obamacare has kept many wealthy businessmen from investing. They'll be hit with huge costs if they do. [/QUOTE]
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