JPMorgan CEO Dimon: I'll pay more in individual taxes

Comments (2)
usagadfly wrote:

About time one of our Wall Street elite stepped up. Good for him!

Sometimes the country needs to come first. And not just for the dead men in Arlington cemetery. Some of the elite are just tourists rather than a part of the people. It is time to make such a distinction. Tourists should not be permitted to participate in our politics. They come and they go, and most of us never benefit from their presence either. Who cares what they think? Let them move to El Salvador.

Oct 10, 2012 6:12pm EDT  --  Report as abuse
GA_Chris wrote:

Although i think he runs a bank that has committed immoral acts, i do think he deserves a lot of credit for speaking out in a way that will gain him few friends at the country club.

However, he underlined one of the key points missing from current political discourse: CERTAINTY.
It’s not the nominal tax rate that deters investment, it’s the volatility in the rate that prevents accurate planning, and drives overly conservative investment.

Why not fix all tax rates 3 years in advance… no one can change a thing immediately. Even if the rates were higher, you’d see investment pick up as returns could be accurately calculated

Oct 10, 2012 8:28pm EDT  --  Report as abuse
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