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<blockquote data-quote="vantexan" data-source="post: 999246" data-attributes="member: 24302"><p>They aren't going to invest if there's a very real possibility that a big chunk of their profits are going to be taken in higher taxes. We've covered this before too, but you guys don't want to believe it because you can't stand the wealthy being able to keep more of their earnings/profits. But the economic reality is higher taxes stymies an economy, lower taxes stimulates an economy, and the resultant economic activity due to lower taxes puts more in the government coffers than taxing one group to death because you believe that's fair. I could care less how much the rich guy makes as long as he pays me fair. And that's been the single biggest problem(along with runaway gov't spending). The middle class is shrinking because the wealthy are keeping too much for themselves. We'll never have a strong, vibrant economy without a healthy middle class. If Fred S and all the tycoons out there truly care about this country they'll pay as much as they can, even if it means they take large compensation cuts. Won't happen, we're screwed, and apologists will tell us it's our fault for wanting more than to just exist.</p></blockquote><p></p>
[QUOTE="vantexan, post: 999246, member: 24302"] They aren't going to invest if there's a very real possibility that a big chunk of their profits are going to be taken in higher taxes. We've covered this before too, but you guys don't want to believe it because you can't stand the wealthy being able to keep more of their earnings/profits. But the economic reality is higher taxes stymies an economy, lower taxes stimulates an economy, and the resultant economic activity due to lower taxes puts more in the government coffers than taxing one group to death because you believe that's fair. I could care less how much the rich guy makes as long as he pays me fair. And that's been the single biggest problem(along with runaway gov't spending). The middle class is shrinking because the wealthy are keeping too much for themselves. We'll never have a strong, vibrant economy without a healthy middle class. If Fred S and all the tycoons out there truly care about this country they'll pay as much as they can, even if it means they take large compensation cuts. Won't happen, we're screwed, and apologists will tell us it's our fault for wanting more than to just exist. [/QUOTE]
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