Tuesday, August 16, 2011

Conservative/Liberal "threats"

Fun op-ed (for liberals) in the NYT from Warren Buffet on why he wants to be taxed more: Stop Coddling the Super-Rich

So when I read this quote:
I have worked with investors for 60 years and I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain.
I realized — is threatening to not work/invest because of taxes the conservative equivalent of the "I'll move to Canada!" liberal threat? I knew the liberal one was a melodramatic, empty threat but I guess the conservative one is too?

*Disclaimer: I think this is as political as I'll get, since I swore to keep politics out of this blog

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