Quote:
Originally Posted by Brian Carlton
And, what is forgotten, is the fact that the additional taxes gleaned from the wealthy will still be spent somewhere............the money doesn't evaporate into thin air. The government will enact a health plan or give money to people in need and they will spend that money..........one way or the other...........the economy will not suffer from a small increase in marginal tax rates on those with incomes over $250K (or $200K.......whatever).
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What state do you live in and what happened to your tobacco settlement money? Did it get spent on tobacco prevention/cessation? How much of your road tax is spent on road projects? IIRC, the average is 60 cents on the dollar. Sorry, I think you are wrong. It will evaporate and be gone.