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      02-01-2012, 10:33 AM   #24
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Quote:
Originally Posted by ideliver View Post
oh lawd...here we go again....plain and simple...if we taxed all income at 100% over $250,000/yr...we still have a deficit

we don't have a revenue problem, we have a spending problem...

Also, if you raise taxes on CG to 30% you will see the stock market implode as hedge funds run for the hills for more tax efficient investments...and you will see everyday citizens 401k and pensions take a HUGE hit...

Try to "soak the rich" you end up fcuking everyday people...

Also, when CG was cut to 15%....the tax revenue increased....care to hazzard a guess why???
Finally, someone who knows what the Laffer curve is.