I'm not so sure we will ever see an industrial style world war again as we had during ww2. Most if not all major players are nuclear. Before a country falls as Germany or japan did the nukes will fly. No country that has nukes will lose without atleast firing them off as a last desperate act. I can see where the loss of American industry could be a factor in a large regional conflict with non nuclear nations. I don't think any war with say russia or china could end up non nuclear.
Not a damn think wrong with that. Treasury gets 15% of billions and 25% of thousands. It's a win-win.
There is not a relationship between my tax liability and Buffet's. I am not taxed at 25% to help recapture "revenue lost" so Buffet can pay 15% on his cap gains.
I ain't so sure. He didn't get any of the bailouts. The rich guys have profited most from the freedoms available to them in America. Their fortunes are safer here than anywhere else because of our strong defense and strong Constitution. The biggest threat to them is the discontent of the masses, which has historically been the result of increasingly vast wealth being concentrated in smaller groups of powerful people. Revolutions and civil disobedience. Until the greed of the 21st century overcame them, the rich in this country generally understood that that could get richer and best safeguard the entire middle-class basis of this country when all income classes could measure some success.
