How long before Obama announced raising taxes on the rich for income and for investment?
- May 1st, 2011
- Posted in Politics
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Average College Student asked:
Taxes need to be raised. 1% of the people own 50% of the country. Bush’s father realized this and saved the country. Here are some compelling reasons.
Taxes need to be raised. 1% of the people own 50% of the country. Bush’s father realized this and saved the country. Here are some compelling reasons.
1. Wealth is being invested oversees. Not in the US.
2. Wealth is not being spent in the right areas like Health Care and Green Energy.
3. Raising taxes forces rich people to look for writeoffs. Non-profits are an excellent channel for this and long as the government regulates.
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