I highly doubt that Willy has a clue about what it is like to actually have some money. Isn't he just a janitor? But you know he's going to win the lottery any day now ..... any day now.... I think that the suggestion was to raise taxes in California on people over $250K (or thereabouts) 3% which like you say they'd barely notice. Some of them will whine like it is 30% though. It's probably only harm the sex worker industry as the rich will have to cut back on their hooker visits.
And corporate taxes. I can think of some excessively ridiculous parties some of the big companies have thrown just for promotion. Microsoft one year took over Great America one evening back in the mid-90s for the Game Developer Conference though I think Alex St. John got in trouble with the Microsoft mucky-mucks for doing that. These companies and billionaires probably lose more in pocket change a year than they'll pay in more taxes. On 08/08/2011 11:26 AM, whynotnow7 wrote: > Exactly. What a fantasy that businesses no matter their size, will refuse to > hire new workers in the face of increasing demand. And to think raising taxes > will create a hardship especially for the investor class, who basically *own* > you and me, is such BS. > > Many of these investors are rich enough to spend *a million dollars per week* > for the rest of their lives and never miss it. God forbid they should pay a > little more to the USA for the privilege of amassing such an obscene fortune. > > --- In FairfieldLife@yahoogroups.com, "authfriend"<jstein@...> wrote: >> --- In FairfieldLife@yahoogroups.com, "richardwillytexwilliams"<willytex@> >> wrote: >>> Bhairitu: >>>> In this day in age we might also favor helping >>>> people set up their own businesses... >>>> >>> How are you going to do that when you want to >>> raise taxes for those earning over $250,000 a >>> year? Raising taxes on small business is NOT >>> going to help! You're not making any sense. >> The vast majority (88-some percent) of small businesses >> don't make enough to be affected; and only 2.4 percent >> of those that will be affected (those with $1 million or >> more cash income) will see a moderate-to-significant >> decrease in after-tax income. >> >> Plus which, a substantial number of that 2.4 percent are >> one-person businesses that create few or no jobs anyway >> (lawyers, artists, doctors, athletes, etc.). >> >> Another substantial hunk of those taxed at the highest >> two rates are wealthy wage-earners and investors who have >> some income from a small business or from rental >> properties or royalties. >> >> Bottom line, the number of jobs potentially lost by >> allowing the Bush tax cuts on those earning over $250,000 >> to expire as scheduled is *tiny*. >> > >
