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'Buffet Rule' More about envy, not so much math

Started by Lloyd Danforth, April 10, 2012, 07:43 AM NHFT

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Lloyd Danforth

Obama is out pushing for the Buffet Rule. I guess he doesn't read Williams.

http://townhall.com/columnists/walterewilliams/2011/04/13/eat_the_rich

'If Congress imposed a 100 percent tax, taking all earnings above $250,000 per year, it would yield the princely sum of $1.4 trillion. That would keep the government running for 141 days'

'Fortune 500 companies earn nearly $400 billion in profits. Since leftists think profits are little less than theft and greed, Congress might confiscate these ill-gotten gains so that they can be returned to their rightful owners. Taking corporate profits would keep the government running for another 40 days, but that along with confiscating all income above $250,000 would only get us to the end of June. '

Russell Kanning

maybe after that short time period they could shut down

John

Didn't most Liberty people always say that the problem is not that the gov does not take in enough but that the gov spends too much?


i'll do my part by taking NOTHING from them.