Assuming the Buffett stuff is true, the reason behind it is a decision by Congress to tax investment income at a lower rate than salary. As best I can determine, the American economy has been thriving as a result.
Just wait till this policy is changed and we return to the days of Jimmy Carter’s 20% interest rates. Then this lady will be writing columns about how Wall Street operators have no sympathy for how high interest rates are affecting secretaries.
Yeah, by the time Jimmah was done with us, the Yankee dollar was worth $.25.
We should have not tax except the “Fair Tax.”
The fair tax is a national sales tax.
Our economy would take off like a rocket with the fair tax.
We should have not tax except the “Fair Tax.”
The fair tax is a national sales tax.
Our economy would take off like a rocket with the fair tax.