{"id":3428,"date":"2011-08-15T17:41:55","date_gmt":"2011-08-15T15:41:55","guid":{"rendered":"http:\/\/blog.zeit.de\/herdentrieb\/?p=3428"},"modified":"2011-08-15T20:36:11","modified_gmt":"2011-08-15T18:36:11","slug":"tax-and-spend","status":"publish","type":"post","link":"https:\/\/blog.zeit.de\/herdentrieb\/2011\/08\/15\/tax-and-spend_3428","title":{"rendered":"Tax and Spend!"},"content":{"rendered":"<p>Das empfiehlt Investorenlegende <a href=\"http:\/\/www.nytimes.com\/2011\/08\/15\/opinion\/stop-coddling-the-super-rich.html?_r=3&amp;src=me&amp;ref=general\" target=\"_blank\">Warren Buffett<\/a>, als habe er sich mit <a href=\"http:\/\/www.faz.net\/artikel\/C30351\/buergerliche-werte-ich-beginne-zu-glauben-dass-die-linke-recht-hat-30484461.html\" target=\"_blank\">Frank Schirrmacher<\/a> abgestimmt.<\/p>\n<p style=\"padding-left: 30px;\"><em>OUR leaders have asked for \u201cshared sacrifice.\u201d But when they did the asking, they spared me. (&#8230;) <\/em><em>Back in the 1980s and 1990s, tax rates for the rich were far higher, and my percentage rate was in the middle of the pack. According to a theory I sometimes hear, I should have thrown a fit and refused to invest because of the elevated tax rates on capital gains and dividends.<\/em><\/p>\n<p style=\"padding-left: 30px;\"><em>I didn\u2019t refuse, nor did others. I have worked with investors for 60 years and I have yet to see anyone \u2014 not even when capital gains rates were 39.9 percent in 1976-77 \u2014 shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off. And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000. You know what\u2019s happened since then: lower tax rates and far lower job creation.<\/em><\/p>\n<p>Nur um das klarzustellen: Ich bin der Meinung, dass der Kapitalismus das am wenigsten Schlechte System ist. Aber er wird politisch nur \u00fcberleben, wenn er Teilhabe erlaubt, und \u00f6konomisch, wenn er ausreichend Kaufkraft generiert. Und das bedeutet neben vielen anderen Dingen eben auch: Den Reichen nehmen und den Armen geben. Anders geht es nicht. Punkt.<\/p>\n<p>Oder, um es mit dem Altmeister JMK zu sagen:<\/p>\n<p style=\"padding-left: 30px;\"><em>If capitalist society rejects a more equal distribution of incomes \u00a0[&#8230; ], then a chronic tendency towards the underemployment of resources must in the end sap and destroy that form of society.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Das empfiehlt Investorenlegende Warren Buffett, als habe er sich mit Frank Schirrmacher abgestimmt. OUR leaders have asked for \u201cshared sacrifice.\u201d But when they did the asking, they spared me. (&#8230;) Back in the 1980s and 1990s, tax rates for the rich were far higher, and my percentage rate was in the middle of the pack. [&hellip;]<\/p>\n","protected":false},"author":215,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,1259],"tags":[],"class_list":["post-3428","post","type-post","status-publish","format-standard","hentry","category-der-aktuelle-rand","category-der-zeitungsleser"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tax and Spend!  - Herdentrieb<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.zeit.de\/herdentrieb\/2011\/08\/15\/tax-and-spend_3428\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax and Spend!  - Herdentrieb\" \/>\n<meta property=\"og:description\" content=\"Das empfiehlt Investorenlegende Warren Buffett, als habe er sich mit Frank Schirrmacher abgestimmt. OUR leaders have asked for \u201cshared sacrifice.\u201d But when they did the asking, they spared me. (&#8230;) Back in the 1980s and 1990s, tax rates for the rich were far higher, and my percentage rate was in the middle of the pack. 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