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Live Video: President Obama's Budget Address

350
jamesfirecat4/13/2011 12:24:11 pm PDT

re: #348 barflytom

But I note that he arranges his affairs to keep his and his shareholders tax liability to an absolute minimum - as he should too.
If assets (i.e. existing wealth, in whatever from) were taxed rather than the process of acquiring those assets, then you really would be getting “the rich” to pay their share.
A bit less consumer spending would be better for long term prosperity, don’t you think ? It’s one of the reasons so many people are broke these days.

Yes the reason people are broke is because they keep spending like on I don’t know FOOD or CLOTHES!