Quote:
Originally Posted by kstarnes
If Obama wins and gets his wish of 50%+ marginal rates and 25% cap gains rates, then all bets are off . . .
That will kill the economy and, IMO, off-set any positive feelings that may be created by a sense that the USA is finally taking responsibility for its deficit . . . because spending will increase dramatically.
All IMHO.
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Yeah. I'm wondering who Obama will be good for come November. It seems the "smart" money is shuddering a bit at the idea of he receiving the presidency. Because I'm here in La La land, I see a lot of people he considers high income earners who are barely making it. His philosophies might probably leave them homeless.
