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Posted By: barrysloate

Tim- I've heard the argument before that the very rich will spend their wealth, thus helping everyone down the food chain. But I'm not convinced it works. You know, if you tax a billionaire 90%, he's still left with a $100 million. Doesn't seem so bad to me (not advocating a 90% tax, but wouldn't object either).

Jeff- I know it will affect you personally but you are very fortunate to earn a lot of money. I am totally against welfare (surprised to hear a liberal say that?), but I do believe that those who work but still find themselves below the poverty line should be excused from paying any tax. Let the billionaires pay more and give the little guy a break. Let's level the playing field a little.