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The Truth about the 1 Percent: The rich’s incomes aren’t surging, inequality is not growing
National Review ^ | Alan Reynolds

Posted on 11/12/2013 5:45:52 AM PST by SeekAndFind



TOPICS: Culture/Society; Government
KEYWORDS: inequality; poverty; rich
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To: Toddsterpatriot

If you will notice, that proposal was for replacing, REPLACING our current tax situation.

Replacing all taxes, with an import tariff.

Different situation entirely.

I still support that idea. That is not however the situation I was currently speaking.

Thanks however for reminding me. That’s an even better idea now, since our trade deficit has GROWN since 2011.


21 posted on 11/12/2013 5:34:59 PM PST by Cringing Negativism Network
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To: Cringing Negativism Network
If you will notice, that proposal was for replacing, REPLACING our current tax situation.

If you will notice, that proposal was advocating doubling the price of everything, not just raising the price by 10%.

That’s an even better idea now, since our trade deficit has GROWN since 2011.

$186 oil, now, more than ever.

22 posted on 11/12/2013 6:18:59 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

The proposal to enact a 100% import tariff, was to replace all other forms of tax.

I still think that would be a great idea.

However that is not the discussion right now. Please try to keep up.


23 posted on 11/12/2013 6:21:30 PM PST by Cringing Negativism Network
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To: Mase

The only legitimate issue with the 1%’s wealth is how did they make it and what are they doing with it.

Did they earn it via government fiat, subsidy and/or protection? They have my ire and disgust.

Are they using it to expand or contract Constitutional liberty in America? If they’re undermining the Constitution, ditto above.

So, using that framework I can deeply respect guys like Buffett and the even more successful and sharper George Soros. They’re good at what they do, Soros is incredibly good. Then I look at their politics and the fall is long and hard.

Otherwise, I don’t think about the uber-wealthy, other than to learn from them. Most are one hit wonders, the few I watch do it again and again.


24 posted on 11/13/2013 2:05:13 PM PST by 1010RD (First, Do No Harm)
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To: SeekAndFind

bkmk


25 posted on 11/15/2013 8:04:55 AM PST by AllAmericanGirl44 ('Hey citizen, what's in YOUR closet?')
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