Quote:
Originally Posted by Villages Kahuna
No, I really don't. Even with the increased taxes, the marginal rates for the top 3% of earners will still be at historical low levels. Even if some small business owners achieve the $250,000 to $300,000 taxable income to get into this category, the tax rates will still be low enough not to disincent people from making the effort to make this much money.
I don't believe that either, for much the same reason as stated above. In fact, if the pattern of the last 20-30 years were to be permitted to continue--the rich continue to get richer and the poor continue to struggle with no increases in real income--that really would result in class warfare.
I might even argue that class warfare has already begun. The lowest income classes have not enjoyed any real income gains in more than a decade, while the welathiest Americans have enjoyed real and significant gains in real income. The result was a landslide election victory for liberal candidates, who are now legislating for the benefit of the lower classes. We may not like it, but class warfare might have already begun.
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I will tell you VK....TONIGHT AT THIS MOMENT, I am just about to give it up !
You read what I wrote during the campaign(s) and I thought it would take AT LEAST 2 years to get to this point, and we may have a chance as a result of mid term elections to reverse this,but what he has done..what has been rammed down our throat....what is passed off as legislation...the lying he did during the campaign and continues to do....the anti politics stand he took just to win votes and to become the single most political President in my memory.
But he did it....people will wake up someday but it will be too late..maybe already it is. It is not the healthcare.....it is the total package...the bailouts...the government involvment in everything...at the other end, the organizations that have been put together that remind me of parts of history that I want to forget...the spending....the foreign policy is just beginning..backing the President of Honduras as he shoves that countries constitution you know where. And so much of it is being done "under the table"
I sincerely believe at this moment that he has brought this country to its knees and is meeting ALL of his expectations....we are all going to be equal....there is not more incentive to do anything...to make your life better because he/they will take it and pass it around to even things up.
He is rich...he lives rich and he always will.
Sorry for being so "down" but all I read is exactly as I and others predicted it would be...just so fast and so soon !
You tire of me saying ALINSKY..ACORN, etc. BUT Keep you eye on the ball as I know you will...it is all...ALL coming out the way folks said it would..ALL of it.