OT-45% tax rate on dividends in 2011
"Gunner Asch" wrote in message
...
On Sat, 07 Nov 2009 17:33:09 -0600, Ignoramus8745
wrote:
As Warren Buffett insightfully pointed out, this country did very well
when tax rates were much higher than they are now.
A combination of low tax rates and high deficits is not sustainable.
i
Blink blink...so we simply tax everyone at say...75% of their gross
income and pay off the deficet really quickly..right?
Nope democrats enact a global tax on financial transactions over $900k, say
a flat of 90% tax on all proffit with no deductions, all payments go
dirrectley
to the the irs which deducts the tax owed and the taxpayer recieves a check
for the balance.
Only then will warren buffet and others like him pay thier fair share.
The deficit will be gone in a few years. G
Best Regards
Tom.
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