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09:21 AM

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Subject I say "Tax Wealth and not income"

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[quote:Anonymous Coward 1515637:MV8xNjA5Mjg4XzI2NTgyNDQxX0I1MzMxQzk=]
I say this tounge and cheeck because all the rich claim they pay so little income tax and that we all need to pay more.  The truth be told, thr rich have little "income" but a whole lot of unrealized capital gains.  So they are rich but we pay the taxes.

More to the point, my plan would incentivize corporations to put their money to work in capital expeditures and not side line the cash.  Hording money does nothing to fuel our economy.

Lastly, if I see Buffet say how little he pays in income tax one more time, I'm going to puke.  The stupid media never ever asks him about his wealth being taxed.  If he wants to pay his fair share, go after his holdings.
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This sounds like a great plan.

Work is of the utmost moral value in America.  Everyone should be working, not just sitting on their "assets."  This would discourage the lazy asset-sitters.

:banana2:
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Original Message Tax 15% of wealth on individuals with $1,000,000 or more and Corporations with liquidity of $2,000,000 and more.

This will be fair for all of us. Then Warren Buffet can finally say he's paying more than his secretary in tax and Oh how patriotic he will feel after that.

All in favor, say Yea!

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