Replies to post #50853 on Biotech Values

[rfj1862]

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.

[corpstrat]

OT <<why people think it’s desirable to have a big house on a lot so small that 100% of the trees have to be cut down to make room for the house>>

Having fought tree loss in my neighborhood of Atlanta (formerly the city in a forest), one reason is that they don't like mucky leaves falling on the late-model BMWs standing in the driveway or into the swimming pool. Air, shade, beauty, birds and runoff be damned. The only thing that can save my part of town from being overrun by these mansions is a serious slump!