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View Diary: Lower the Ceiling and Raise the Floor (203 comments)

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  •  Taking one point in time only, and you might have (3+ / 0-)

    an argument. But taken over time, we can all see that low top rates lead to inequality and high top rates lead to more equality. The movement is the same direction in both charts.

    You're sorta denying honest economics.

    "The law is meant to be my servant and not my master, still less my torturer and my murderer." -- James Baldwin. July 11, 1966.

    by YucatanMan on Sat Dec 08, 2012 at 06:40:04 PM PST

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    •  What you are saying is especially true NOW. (1+ / 0-)
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      One Pissed Off Liberal

      In the past, it was true that if you gave the top earners their ability to escape taxes, they would use the money to buy bonds (which often help local cities and local projects,) or else, they would invest in a factory or two. A factory that was actually here in the USA.

      These days, almost everything is outsourced to China or south of the border. So the wealthiest people no longer are contributing to the economy by providing jobs for Americans.

      Offer your heart some Joy every day of your life, and spread it along to others.

      by Truedelphi on Sun Dec 09, 2012 at 03:19:12 PM PST

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