Befuddled Bob Schieffer: 'Why Do These Rich People Need Another Tax Cut? They're Already Rich' "Conveying his no-so-profound economic reasoning, Schieffer saw a pot of money to be absconded: “I mean, they're already rich. They seem to be doing pretty well as it is now. Why cut their taxes some more?” After Ryan explained his proposal would maintain current tax revenue levels while eliminating deductions and loopholes used by the wealthy, a baffled Schiefier ruminated."
CBS Rues Unfairness of Rich Not Paying Enough Without Noting More Than a Third of Americans Pay Nothing "After allowing a Cato expert to note the economic damage caused by too-high tax burdens on the most productive, Doane countered him by touting “Patriotic Millionaires for Fiscal Strength,” a bunch of left-wing millionaires who want tax rates to be hiked for the rich..."
Patriotic Millionaires for Fiscal Strength"... when Lehman brothers went bankrupt, NYC suddenly faced a huge drop in income tax revenue.
"People seem to think that high-income earners are “stealing from grandma”. They aren’t. They get a paycheck – often from the company that they started and own. And they employ many people.
"How about an income tax cut for any person or business who hires a new employee this year (with rules against simply firing and then re-hiring people) ?
"Governments don’t create jobs. Only people create jobs." From the comments to this blog.
CBS Rues Unfairness of Rich Not Paying Enough Without Noting More Than a Third of Americans Pay Nothing "After allowing a Cato expert to note the economic damage caused by too-high tax burdens on the most productive, Doane countered him by touting “Patriotic Millionaires for Fiscal Strength,” a bunch of left-wing millionaires who want tax rates to be hiked for the rich..."
Patriotic Millionaires for Fiscal Strength"... when Lehman brothers went bankrupt, NYC suddenly faced a huge drop in income tax revenue.
"People seem to think that high-income earners are “stealing from grandma”. They aren’t. They get a paycheck – often from the company that they started and own. And they employ many people.
"How about an income tax cut for any person or business who hires a new employee this year (with rules against simply firing and then re-hiring people) ?
"Governments don’t create jobs. Only people create jobs." From the comments to this blog.
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| http://townhall.com/political-cartoons/mikelester |
Keep in mind that the Tunnel Dweller is a retired union tradesman who has always been an hourly-paid employee. I'm a tool-bag-carrying mechanic who understands a bit about economics and the drag the left is on free enterprise and creativity.
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