If you are extremely wealthy, and you can manipulate the government into destroying your competitors, your wealth becomes more valuable..............
The really rich who support these tax increases either know that it won’t effect their long term interests..or will demand pay increases from their corporations to cover the tax increases..thus passing the tax increase back along to consumers.
I try to seperate politics from my investment decisions..but I won’t buy Microsoft or Berkshire due to these political positions..why make them richer?
But if Hillary and Obama can manage to get the oil stocks down..I will buy some more.
I have not seen either Gates or Buffet talk about whether or not total government spending is too much. If they are talking about massive tax increases for the wealthy (and by extension the middle class later on) they must believe that the amount of government activity at all levels is insufficient. They are both big tax increase guys because they are both big government guys.
Exactly! That is what people don’t realize about big business. They are NOT for the free market. The welcome regulations which will harm their competitors.