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Comment Re:Betteridge's Law of Headlines Broken (Score 1) 27

There aren't enough super wealthy to provide sufficient revenue. We went through this exercise a while back. Take a corporation. Lockheed was the example IIRC. Take all of the executives compensation. Every penny, not just some tax rate. Spread it it across all of its employees like peanut butter. It will make a nice Christmas bonus. Nothing you'd manage to live on. Your kids might get nice iPhones under the tree (but not the top of the line models).

You HAVE to tax the middle class. Because that's where the money is. Once this is encoded into tax policy and enforcement, the rich have an interesting tactic: Given that there just isn't enough money in that slice of the economy, chasing after it isn't worthwhile. On the other hand, enforcement targeted at the middle classes will pay off.

Comment Always Part of the Plan (Score 3, Interesting) 56

It was obvious that Broadcom's plan was to shed their smallest customers and squeeze their biggest customers and I'm sure that they had models projecting how many customers would migrate away from VMware in the process. What I'd love to know is how accurate those projections have been but that information is harder to obtain.

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