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Massachusetts vote for Scott Brown . Save our Health care
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<blockquote data-quote="dannyboy" data-source="post: 673722" data-attributes="member: 484"><p>bbsam</p><p>more taxes on the really wealthy......</p><p> </p><p>lets see, if you take the 400 most wealthy, confiscate every dime (of course it would be much less, because if you take that wealth, it would have to be converted to cash, which would drive prices for their holdings into the crapper). </p><p> </p><p>then take the people that we are trying to help get insurance. it would be about 25 grand per person. how much do you think that would help? and for how long?</p><p> </p><p>at what the average person pays for their insurance, that would give them coverage for less than 3 years.</p><p> </p><p>the top 5% of the wealthiest people pay 55% of the taxes collected already. you increase that, that money will come out of the economy, and take 7-20 times that out of the public sector.</p><p> </p><p>in other words, increase their taxes by 1 trillion dollars, and you instantly remove 7-20 trillion out of the private sector spending. thats a lot of lost jobs, which means more people out there that will need more tax money raised to provide services. it will become a vicious cycle to which there is no end.</p><p> </p><p>d</p></blockquote><p></p>
[QUOTE="dannyboy, post: 673722, member: 484"] bbsam more taxes on the really wealthy...... lets see, if you take the 400 most wealthy, confiscate every dime (of course it would be much less, because if you take that wealth, it would have to be converted to cash, which would drive prices for their holdings into the crapper). then take the people that we are trying to help get insurance. it would be about 25 grand per person. how much do you think that would help? and for how long? at what the average person pays for their insurance, that would give them coverage for less than 3 years. the top 5% of the wealthiest people pay 55% of the taxes collected already. you increase that, that money will come out of the economy, and take 7-20 times that out of the public sector. in other words, increase their taxes by 1 trillion dollars, and you instantly remove 7-20 trillion out of the private sector spending. thats a lot of lost jobs, which means more people out there that will need more tax money raised to provide services. it will become a vicious cycle to which there is no end. d [/QUOTE]
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Massachusetts vote for Scott Brown . Save our Health care
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