Sunday, March 15, 2009

RICH DEMOCRATS

Gary Andres asks why the “rich” support Democrats.

My guess is that they simply consider high taxes a cost of doing business; an investment in future earnings from access.

Those without access, the “almost rich” – those with incomes in the $200-$500 thousand range - are "going John Galt” because the marginal tax burden is so high that it’s hardly worth working to earn that next dollar.

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