[FoRK] How far will the dollar fall?
Adam L Beberg
<beberg at mithral.com> on
Tue Apr 22 11:57:43 PDT 2008
Owen Byrne wrote on 4/22/2008 10:41 AM:
> Most of the world still has nice progressive tax rates waiting for them
> to arrive. And if you're an American citizen, they usually
> have nice tax treaties with the US so what they don't get, the IRS takes
> a look at.
Which is why much of the money is here for now. The effective tax rate
on the rich is nearly zero in the US, negative if you get some farm
subsidies for not growing food in Manhattan. If the dems go and "fix"
that, the money will be gone in a hurry.
Adam L. Beberg
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