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azotic azotic is offline
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Default 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.