tag:blogger.com,1999:blog-7895164153505105997.post9058900634675551273..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: Simple Tax Reform - Tax Millionaires Like Everybody ElseBud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7895164153505105997.post-55460862922888473842011-09-20T05:13:34.920-07:002011-09-20T05:13:34.920-07:00In theory, I agree with Herman Cain's "9%...In theory, I agree with Herman Cain's "9%" across the board plan. But I cant but wonder if it would be "fair" and/or equitable for all Americans given that he is so adored by the Tea Party. Great blog.Beyond-The-Spectrumhttps://www.blogger.com/profile/05667211181316579607noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-38252686946799954672011-09-19T06:42:35.756-07:002011-09-19T06:42:35.756-07:00These are the very people, and the banksters, thos...These are the very people, and the banksters, those who gave us the derivatives (aka "credit-default-swaps" - aka "financial instruments") that brought down the housing market...these are the "job creators" that the Republicans refuse to tax.Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-38116388046386399632011-09-19T06:13:47.935-07:002011-09-19T06:13:47.935-07:00Rep. Paul Ryan told Fox News that the proposed tax...Rep. Paul Ryan told Fox News that the proposed tax "adds further instability to our system, more uncertainty, and it punishes job creation." This, of course, is total malarkey. Tax rates on the rich were higher during the Clinton years, when the economy was booming, and higher still during the long post World War II boom, when the economy grew at nearly 4 percent year for better than two decades and the great blue collar middle class was built.<br /><br />http://www.huffingtonpost.com/robert-kuttner/muddled-class-warfare_b_968915.htmlBud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-76802026706629114622011-09-19T06:01:51.223-07:002011-09-19T06:01:51.223-07:00"A U.S.-based CEO of one of the world’s large..."A U.S.-based CEO of one of the world’s largest hedge funds said his senior colleagues had argued that the hollowing-out of the American middle class didn’t really matter. If the transformation of the world economy lifts four people in China and India out of poverty and into the middle class, and meanwhile means one American drops out of the middle class, that’s not such a bad trade."<br /> <br />http://www.theatlantic.com/magazine/print/2011/01/the-rise-of-the-new-global-elite/8343/<br /> <br />Who doesn't want to tax these monsters?Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.com