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The Watercooler
Just how a lot of us are feeling
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<blockquote data-quote="DDD" data-source="post: 449807" data-attributes="member: 35"><p>Without rancor I'm asking you guys about something I truly don't get. Does anyone know "why" the R party refuses to consider a tax increase for those making over $250,000 a year...and D party agreed to take it off the table? There must be a viable reason that I'm missing. Yeah I know that politically the big buck people and corporations are the primary donors to both parties but surely that can't be the justification. If it is conceived as a hardship on those who make only $250,000 a year....what about a higher figure like $400,000?</p><p></p><p>The only non-political reference I have heard doesn't make sense to me. It was alleged that taxing the wealthy citizens and corporations would result in reduced investments into our economy. Then...with reduced investments Wall Street and expansion would flounder. I "might" be able to "get that" if the increased income taxes were a huge amount levied but an extra few percent couldn't have such dire results. What am I missing? DDD</p></blockquote><p></p>
[QUOTE="DDD, post: 449807, member: 35"] Without rancor I'm asking you guys about something I truly don't get. Does anyone know "why" the R party refuses to consider a tax increase for those making over $250,000 a year...and D party agreed to take it off the table? There must be a viable reason that I'm missing. Yeah I know that politically the big buck people and corporations are the primary donors to both parties but surely that can't be the justification. If it is conceived as a hardship on those who make only $250,000 a year....what about a higher figure like $400,000? The only non-political reference I have heard doesn't make sense to me. It was alleged that taxing the wealthy citizens and corporations would result in reduced investments into our economy. Then...with reduced investments Wall Street and expansion would flounder. I "might" be able to "get that" if the increased income taxes were a huge amount levied but an extra few percent couldn't have such dire results. What am I missing? DDD [/QUOTE]
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