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President Obama!
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<blockquote data-quote="diesel96" data-source="post: 687388" data-attributes="member: 9859"><p><strong>Re: Obamanation here today</strong></p><p></p><p></p><p> </p><p></p><p> </p><p>Does the stockbroker really pay alot more of his paycheck then the bricklayer ? Pound for pound, by <strong>RATIO, </strong>using 15%,both the stockbrocker and the bricklayer, pay the same <strong>percentage</strong> of their earnings, which leaves them both with the same percentage of net income. Now who is more likely to spend most of that net income on basic neccessities stimulating the economy, and who is more likely to hord or make a quick buck investing</p><p> </p><p></p><p> </p><p>We all know, it takes money to make money.....Kudos to those who have worked hard to achieve significant earnings. But lets admit, our Capitalist system is set up wear the more money you make, the more advantages of increasing your flow tenfolds. It's simply not as achievable by those making a modest paycheck. Therefore, reversing Bush's Tax Cuts to the Reagan days on income above the 250k plateau makes sense, and brings in much needed revenue, especially when we're fighting wars and stimulating the economy.</p></blockquote><p></p>
[QUOTE="diesel96, post: 687388, member: 9859"] [b]Re: Obamanation here today[/b] Does the stockbroker really pay alot more of his paycheck then the bricklayer ? Pound for pound, by [B]RATIO, [/B]using 15%,both the stockbrocker and the bricklayer, pay the same [B]percentage[/B] of their earnings, which leaves them both with the same percentage of net income. Now who is more likely to spend most of that net income on basic neccessities stimulating the economy, and who is more likely to hord or make a quick buck investing We all know, it takes money to make money.....Kudos to those who have worked hard to achieve significant earnings. But lets admit, our Capitalist system is set up wear the more money you make, the more advantages of increasing your flow tenfolds. It's simply not as achievable by those making a modest paycheck. Therefore, reversing Bush's Tax Cuts to the Reagan days on income above the 250k plateau makes sense, and brings in much needed revenue, especially when we're fighting wars and stimulating the economy. [/QUOTE]
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