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<blockquote class="Quote"><div><strong class="bc-author">tripledouble</strong> said:</div><div><blockquote class="Quote"><div><strong class="bc-author">Rockadelic</strong> said:</div><div><br /> <br /> As far as Indiana goes, yes, to curtail over spending and balance a budget someone has to bite the bullet......except on Gum Drop Island where they have magic wands.</div></blockquote> <br /> rock , from what i understand, cutting taxes on the highest sectors has had a significant impact on budget shortfalls. grover norquist "starve the beast" strategy: cut taxes at the top, create budget problems, cut back the safety net and government, privatize as much as possible, etc. Class warfare in a nutshell.</div></blockquote> <br /> Warren Buffett said it best:<br /> <br /> "It turned out that Mr. Buffett, with immense income from dividends and capital gains, paid far, far less as a fraction of his income than the secretaries or the clerks or anyone else in his office. Further, in conversation it came up that Mr. Buffett doesn???t use any tax planning at all. He just pays as the Internal Revenue Code requires. ???How can this be fair???? he asked of how little he pays relative to his employees. ???How can this be right????<br /> <br /> Even though I agreed with him, I warned that whenever someone tried to raise the issue, he or she was accused of fomenting class warfare.<br /> <br /> ???There???s class warfare, all right,??? Mr. Buffett said, ???but it???s my class, the rich class, that???s making war, and we???re winning.???"<br /> <br /> http://www.nytimes.com/2006/11/26/business/yourmoney/26every.html
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