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thenewgreen · 4382 days ago · link · · parent · post: Warren Buffett's Suggestion for a Minimum Tax on the Wealthy // New York Times op-ed
Would your reply possibly be this? “Well, it all depends on what my tax rate will be on the gain you’re saying we’re going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent.” Only in Grover Norquist’s imagination does such a response exist. I do like that he proposes to raise the 250,000 bar to 500,000. 250k is a very nice household income but if you have a family of 5, you would be at from rich these days.SUPPOSE that an investor you admire and trust comes to you with an investment idea. “This is a good one,” he says enthusiastically. “I’m in it, and I think you should be, too.”
-well said.