Tax the rich ? They are moving their assets out of the financial system (Reagan, suspect)
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The rich will benefit greatly from the extenssion of the middle class those making 1 million will recive five as much in tax cuts in dollar terms then a middle class family making 50.000 to 75.000 dollars
really? in what manner is buying gold like laundering money?
Well, once you have a gold bar in your basement, its value has disappeared from the books, bank statements, etc. Nobody knows what you are doing with it...
The rich will benefit greatly from the extenssion of the middle class those making 1 million will recive five as much in tax cuts in dollar terms then a middle class family making 50.000 to 75.000 dollars
And the cost to the GDP? Is a 3% drop in the GDP that will result by not keeping current tax rates consistent across the board worth it to the entire country? Try looking at the larger picture, you know, the one this administration keeps ignoring in order to export weath from the US.
Well of course you have some objective source that says taxing higher incomes a little bit more will be counterproductive?
Right wingers don't even pretend to be informed.....lol
Meh, it doesn't take a rocket scientist to note that the rich and productive will move towards the path of least resistance. They will make logical choices as to whether to keep their assets inside or outside of this country based on several factors such as how much they value their citizenship, how much they have, and whether their quality of life will be improved at their new location.
Well, once you have a gold bar in your basement, its value has disappeared from the books, bank statements, etc. Nobody knows what you are doing with it...
Same with any commodity: be it toilet paper, light bulbs, hand tools, or coffee beans. Your point? Are you such the Communist that you believe people should submit an inventory of every item of which they are in possession to the government so it can be tracked? Really? Do you think everything belongs to the government?
Talk about wanting to be owned by one's government!
Well, once you have a gold bar in your basement, its value has disappeared from the books, bank statements, etc. Nobody knows what you are doing with it...
I find it breathtaking that you see this as a problem. This is how money has worked since man has walked the Earth.
Well, once you have a gold bar in your basement, its value has disappeared from the books, bank statements, etc. Nobody knows what you are doing with it...
OMG,There really is no hope!...That's your definition of money laundering??
Have you seen tax rates in countries like Singapore, HK, and Switzerland? They aren't exactly that high relative to the US.
Are actually smaller and you even get something in exchange!
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