Econ Comments
Cato Institute | Tax Hikes Will Only Make Us All Poorer
The 2010 Forbes list of the 400 richest Americans had assets totaling $1.37 trillion. Even if all of this wealth were expropriated, it wouldn't be enough to cover Obama's deficits for a single year…
Forbes | Taxpayers Should Be Leery Of Warren Buffett's Faux Noblesse Oblige
No matter how you look at it, when Buffett – or anyone else pays more taxes to the government – there is an offsetting reduction in the amount of money and employment in the private sector. Although the rich may not notice the difference, the middle-class and poor pay the price.
