Saturday, June 04, 2005

A Day Without...

With Bill Moyers claiming that anyone who pays taxes on dividends, capital gains, and inheritance are "idle rich" and Howard Dean claiming that "a lot of [Republicans] have never made an honest living in their lives", do you think we could live a day without them?

The best way to specifically target the money of the "idle rich" is to sell bonds. Struggling families, hard workers, and entrepreneurs are not going to put their money in government bonds when they have greater needs for their money. The people who buy bonds are the people who need their money the least, otherwise they would use their money for a greater need. Deficits are the best way for government to raise money from "old money" without taking it away from the "new money" that drives economic growth.


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