make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

Well, if you're a history teacher... know how successful "soaking the rich" has been in the past. Every time they try it, the government's revenues drop. Unless Obama plans a massive, across the board tax increase (as Clinton did) that targets more than "the rich" tax revenue will actually decline. Look at the IRS figures for 2006. The rich are paying a higher percentage of taxes than ever before in the history of America. When Bush cut taxes "for all his rich oil buddies," we saw a predictable event unfold. More money to invest resulting in massive increases in capital gains, which, even taxed at the lower rate, brought more money into the treasury. BTW, if you have a master's degree and don't gross $42k, I highly recommend becoming a FORMER teacher and joining the corporate zombies.


The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
Please re-enter the code shown in the image below.