T-J
Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae
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 Posted: Tue Sep 14, 2010 7:19 pm Post subject: 1% transaction tax (U.S.) |
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Someone on facebook threw this up as another example of how screwed up the Democrats are.
First I think the right is taking a sound bite from Nancy Palosi(sp) and trying to get some spin out of it.
What they are failing to mention is that the actual proposal for the 1% tax is that is would eliminate the income tax.
That last part got me thinking. Someone smarter than me out there in the area of economics (shouldn't be hard to find) want to explain why this is a really bad idea. |
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