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Re: Barbara Boxer says 400 richest taxpayers saw incomes grow by 400 percent, tax rat
I don't think anyone would argue that we are at the point where we need to lower taxes on the rich because too many of them are fleeing the country. I think the rich have gotten an unbelievable return on living in America for the past 10 years -- one they are not going to get anywhere else even if we raised taxes significantly.
Nothing, it's called democracy. The rich have a solution, which is to leave. Then the poor will have to live with less, and if they still want the services eventually they will decide to lower taxes on the rich simply to encourage them to come back. The system naturally balances itself over time.what is wrong is a system where the many can decide others will pay more and more and more while they pay nothing extra
I don't think anyone would argue that we are at the point where we need to lower taxes on the rich because too many of them are fleeing the country. I think the rich have gotten an unbelievable return on living in America for the past 10 years -- one they are not going to get anywhere else even if we raised taxes significantly.