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  Gates Joins Buffett Chorus to Tax the Rich More
Bill Gates (richest American) noted “taxes are going to have to go up” and thus he’d prefer that they “go up more on the rich than everyone else. That’s just justice. There needs to be “a sense of shared sacrifice,” he said, adding, “right now, I don’t feel like people like myself are paying as much as we should.”
here ! (0) 
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Nobody provides more compelling background info for selected news !!
[…] Nobody provides more compelling background info for selected news !!
Eric Cantor — “We need to stop pumping up jobless Americans”…and declared that the only way unemployment benefits could be extended is if “we find commensurate cuts somewhere else” — just like the Republicans did NOT do for the Bush Tax Cuts for the wealthy ! Nobody provides more compelling background info for selected news !!
America’s greatness has been short-changed by the President Obama announced at a cut-away Sunday evening press conference that a deal had been struck with the GOP Congressional leaders to avert America’s default from the failure to raise the level of the debt ceiling that evolved into a crisis. As part of the GOP compromise — America’s domestic spending will be reduced to levels of the Dwight Eisenhower Presidential era 1953–1961. […] Nobody provides more compelling background info for selected news !!
A default by the United States of it’s financial obligations will almost immediately raise interest rates and loan payments for the American People, as all U.S. bank rates are tied to U.S. Treasury Bonds and Bills traded internationally as America’s debt instrument. Expect some last minute maneuvering by the U.S. Treasury and The Federal Reserve on the eve of such default. It is this kind of financial drama the United States needs least, at a time of a weak economy. […] |
 
  
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