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Glad to "see" you, Ted........Oh, OK, that's Kotok, not Ritholtz. Lots of asparagus in that vast central California valley, too. He could be right about a correction. On tax cuts for business, Kotok sounds just like that old fellow with the cane from CNN years ago. Was his first name Robert? I can't remember. White hair, a high forehead. Glasses. I remember he was called to court to testify about something. The only thing he knew how to say was: "remove the capital gains tax." Everything looked like a nail to him, cuz he was carrying a hammer.
Business doesn't like taxes any more than labor does. But taxes must be paid--- fairly. PROGRESSIVELY. We don't have that anymore. I speak as a citizen of Ireland (and the US) when I say how disgusted I am that Ireland, with 12% corporate tax, has made itself a tax haven. And now the EU is investigating Apple and some others. The old shell game. Shit.
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Business doesn't like taxes any more than labor does. But taxes must be paid--- fairly. PROGRESSIVELY. We don't have that anymore. I speak as a citizen of Ireland (and the US) when I say how disgusted I am that Ireland, with 12% corporate tax, has made itself a tax haven. And now the EU is investigating Apple and some others. The old shell game. Shit.