So you've bought into the whole "permanent recession" deal. Hunker
down because jobs aren't coming back and get used to food stamps.

That's just messed up.

.

On Fri, Apr 22, 2011 at 11:01 PM, Gruss Gott <[email protected]> wrote:
>
> More specifically:
>
> (1.) Cut the top rate from 35 to 30, and make larger cuts for
> everything below that.
>
> (2.) Create a new AMT for "the rich".  Something like those earning
> more than $750k/yr, $1.5M etc and then create a net worth trigger as
> well.  i.e., everyone below $750K/yr gets a big cut, everyone above
> kicks in and the big net worth guys really kick in ... maybe you give
> them gov't bonds ... now THAT would be interesting ... kind of a JP
> Morgan thing.
>
> (3.) Business in the Fortune 500 pay 35%.
>
> Why?  Businesses get customers in exchange for paying more taxes and
> the middle class gets confidence.  keep in mind - those consumer are
> 70% of the economy!!  If they don't buy your "encourage business" with
> all the tax cuts you want and they still go bankrupt.
>
> Again for effect: if deflation starts 70% of the economy collapses.
> No buyers.  Great, WalMart was "encouraged" with a 50% tax cut.  Who's
> the buyer?  Answer=nobody.
>
> You incent the customers - 35% tax bracket on down - with corporate
> cash.  Right now that cash is 70% printed money from the Fed and 3
> years ago it came from China.
>
> Dude.  Call it Robinhood but any other way and you're unemployed
> because your company lost all its cus

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