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Post# of 252337
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Re: DewDiligence post# 50853

Thursday, 08/09/2007 10:56:30 PM

Thursday, August 09, 2007 10:56:30 PM

Post# of 252337
Semi-OT: I was thinking today that raising taxes is going to be politically impossible--not to mention economically unwise--given that so many of the middle class are living so close to bankruptcy thanks to Toll Brothers et al. Taking an extra few percent off of their paychecks is inevitably going to tip a bunch of them into insolvency.

I haven't seen any analyses to addressing this issue, though. So perhaps the 15% tax on LT investments and dividends is safe.

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