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To: livius
+1.

These are the type of working people the GOP should be actively recruiting to our way of thinking.

High marginal tax rates are not a tax on “the rich” but upon those attempting to accumulate assets. I have long noticed that the better your financial situation the less of a tax bite you get on your income. Once I could afford a house, I paid taxes at a much lower rate. Someone who makes the majority of their income from investments rather than work pays at a much lower rate.

For wealthy liberals it must be nice to be at the top, pull up the ladder behind you, and pat yourself on the back for being so “giving” advocating higher marginal tax rates - when they have already accumulated a huge amount of assets - and the taxes are on those attempting to accumulate assets over their working life.

58 posted on 12/06/2012 10:15:07 AM PST by allmendream (Tea Party did not send GOP to D.C. to negotiate the terms of our surrender to socialism)
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To: allmendream
“High marginal tax rates are not a tax on “the rich” but upon those attempting to accumulate assets.”

This is precisely correct. If you choose a career that takes at least a decade to train for, you have lost a significant amount of potential income during that training period. This is the case for many who trained in medicine , for example. Once you get a ‘real job’ you want to make up for lost years, and have to pay off loans. While you're trying to play catch up you are labeled as ‘rich’ and become a target for the Obama crowd. It's a wonderful reward for making a decision to delay gratification and try to achieve something.

65 posted on 12/06/2012 10:48:21 AM PST by pieceofthepuzzle
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To: allmendream

“For wealthy liberals it must be nice to be at the top, pull up the ladder behind you, and pat yourself on the back for being so “giving” advocating higher marginal tax rates - when they have already accumulated a huge amount of assets - and the taxes are on those attempting to accumulate assets over their working life.”

You have painted a portrait of Warren Buffet. Spend a lifetime building enormous wealth using every available tax strategy to limit your taxes. Once you achieve your place on a pedestal amongst the one percent of the one percent move all your assets to tax sheltered trusts and then run around advocating higher taxes on anyone who might possibly challenge your legacy. Knock down all the ladders.


78 posted on 12/06/2012 1:17:22 PM PST by Lurkina.n.Learnin (Superciliousness is the essence of Obama)
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