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Response to Judi Lynn (Original post)

Sat Jul 21, 2012, 06:50 PM

12. Rich people don't create jobs

it is too risky and does not pay enough. The truly wealthy manipulate financial instruments and stash their money off shore to avoid taxes. Ordinary business profits are taxed at 2+ times the rate of capital gains on financial instruments. Creating jobs raises your taxes and takes a long time to create profits. Financial instruments can be profitable today, and capital gains on them are taxed at a lower rate.

It does not take a rocket scientist to figure it out.

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Arrow 16 replies Author Time Post
Judi Lynn Jul 2012 OP
Major Nikon Jul 2012 #1
Skittles Jul 2012 #5
DCKit Jul 2012 #15
Richard D Jul 2012 #2
nxylas Jul 2012 #4
Richard D Jul 2012 #13
xchrom Jul 2012 #3
thelordofhell Jul 2012 #6
ErikJ Jul 2012 #7
Curmudgeoness Jul 2012 #8
Andy823 Jul 2012 #9
Smilo Jul 2012 #10
JoePhilly Jul 2012 #11
LineNew Reply Rich people don't create jobs
quaker bill Jul 2012 #12
ck4829 Jul 2012 #14
shcrane71 Jul 2012 #16
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