Originally posted by normbenign
Whatever the richest are "sitting on", they are doing so on the basis of uncertainty, and open hostility of the present administration.

Really rich people don't have to invest or earn to maintain their lifestyle. If risk is likely to be a loser, they are content to wait out this administration for another.

nb: Really rich people don't have to invest or earn to maintain their lifestyle.


Thanks for admitting this.

Originally posted by no1marauder
nb: Really rich people don't have to invest or earn to maintain their lifestyle.


Thanks for admitting this.

Exactly. I'm all for prying some of it out of their hands. Call me a socialist.

Originally posted by normbenign
Just what is the percentage of small businesses that are sole proprietors and net over $250,000 per year.

Is it criminal, or immoral to earn that much without hiring (AKA taking advantage of the poor)?

I think it was between 2 and 3 percent. And they will still maintain a hefty tax cut, just not as huge as the one they've been enjoying.

Originally posted by Kunsoo
I think it was between 2 and 3 percent. And they will still maintain a hefty tax cut, just not as huge as the one they've been enjoying.

Not enjoying a tax cut as much as you were before is called a tax increase.

Originally posted by Sleepyguy
Not enjoying a tax cut as much as you were before is called a tax increase.

It depends on the vantage point. The tax cuts were not intended to be permanent.