Fuel Prices

[why?]

Originally Posted by fmicle

Didn't Reagan run huge deficits and quadrupled the US national debt? Just asking...



Now this is where I fully agree with you

You're funny.

Originally Posted by fmicle

As for the rich people paying more taxes, in all fairness, they do pay more taxes. My issue is that they can actually afford to pay more taxes, because they have a lot more money (duh). A tax increase of $3k a year for me would mean that I may have to skip that planned vacation to Hawaii, a tax increase of $150k a year for Warren Buffet means what? He'll have a little less money to invest into a hedge fund? I really can't see how a tax increase for the rich would affect their lifestyle in the slightest.

But, as I said in the beginning, let's not forget that they already pay the biggest share, as it is described in this awesome article:

http://www.amazingposts.com/2008/07/...tem-works.html

Um, a 150k tax increase on warren buffet would prolly means he fires a few people, of course with how cheap he is in paying his staff, he'd prolly have to fire 4 or 5 people or more to make up the difference.

But in regards to actual companies, every penny they pay in taxes is less money they can pay to employees, shareholders, and it also means their products have to be more expensive as well.