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To: DTxAg

No? How long do you think it will be before that 9% for “the rich” becomes 10%, or 11%, or 12%?


Only the income tax portion could possibly be affected like that. And yes, it is a risk. And Congress can raise income taxes on the rich today, at any time, without a Constitutional amendment. So this is no worse in that one respect than the current system, and far better in many more important respects.


43 posted on 10/14/2011 5:27:04 PM PDT by Atlas Sneezed (Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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To: Beelzebubba
Only the income tax portion could possibly be affected like that. And yes, it is a risk.

Just like the income tax started as a very small % tax on the rich. And nothing would stop them from doing it again. And nothing would keep the corporate tax rate from rising either.
54 posted on 10/14/2011 5:38:44 PM PDT by DTxAg (The Presidency is not an entry-level position.)
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