View Single Post
  #6   Report Post  
posted to rec.boats
Canuck57[_9_] Canuck57[_9_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default how the rich loot society

On 17/08/2011 8:03 PM, wrote:
On Wed, 17 Aug 2011 19:32:02 -0400, wrote:

In ,
says...

2 nobel laureate economists describe how it can be finanically
profitable for the rich to drive firms to bankruptcy..a form of
looting. this is becoming common practice among the wealthy since
regulation has decreased the penalties associated with this
destructive behavior

http://papers.ssrn.com/sol3/papers.c...ract_id=227162

Are you familiar with Warren Buffet's trusts and their instructions?

http://www.trustsestateslaw.com/2009...nd-bill-gates-
on-the-estate-tax/


What's that got to do with him wanting to pay his fair share? Oh,
nothing.


Maybe we should have a government/union employee surtax and a minimum
tax on welfare, food stamps and unemployment. A minimum head tax, you
pay $3000 in taxes be it earned or siting on your ass making nothing.

--
Flea party (leftie) fear, begets flea party smear.