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BREAKING: President Obama Addresses the Nation Tonight at 9

What unearned income?
Would you be okay with paying an inheritance tax based on a government assessment of the value of the inheritance?
How much more do you want them to pay on their income? How will this help if we're borrowing half of what we spend now?
Who is "rich"?
What is "fair share"?

do you know the definition of unearned income, tessa? i am assuming not. long term capital gains is UNEARNED income....which is taxed at 15%. hardly fair, now is it, when you consider that very many wealthy people don't earn salaries, but live on investments.

yes, i am okay with an inheritance tax based on current value of assets. that's the way it used to be.
 
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Can I ask a question, where are you going to school?
Is this another "he's a liberal so he must be young and immature attack?" First of all you have no way of knowing his age, secondly it shouldn't matter as you are the one acting immature, thirdly even if he is still in school at least he learning and being educated something most conservatives seem to never do. They just parrot what the Right-wing media tells them.
 
Same ol speech, lies, blames and condescending statements from nObama all he wants is for the USA to go into default so he can blame the republicans and get re- elected. Poor nObama..... he is just a victim.
 
The top 1% of wage earners make 20% of all income and pay 38% of all FIT taxes.
The top 5% of wage earners make 34.7% of all income and pay 58.7% of all FIT taxes.
The top 10% of wage earners make 45.8% of all income and pay 69.9% of all FIT taxes.

The bottom 50% make 12.8% of all income and pay 2.7% of all FIT taxes.

Currently approximately 47% of all Americans pay nothing in FIT and actually get money back making their tax rate negative.

If you make 10 million a year and during a divorce your wife wants half, that sucks. 5 million is a lot of freaking money, more than my buddy has to pay to his wife. However, he still has 5 million to live on. He's not in a horrible position.

If you make 20k though, and she wants 10k... you may have to kill her.

The fact that the top 10% pays most of the taxes and the bottom 50% don't pay any shows that the top 10% has all the money and the bottom 50% had diddly.

Far from supporting your argument, this stat undercuts it. You've successfully proven that the rich have the money and are best capable to withstand a tax increase.

Taxes are the lowest they've been in 50-60 years. The rich are doing fantastic right now. If tax cuts to millionaires and billionaires is supposed to help the economy and they're the lowest they've been in 50 years, why aren't we in a boom?

This whole talk reminds me of this clip from the daily show. I think he sums it up quite nicely.
 
i don't believe a person making 50k doesn't pay taxes. the top 20% own all the wealth, why shouldn't they pay all the taxes?

Exactly!! The money needs to be taxed, and it's in their bag. Therefore.
 
Aren't we still in Iraq and Aghanistan and that was not included in the graph for obama.

Well it was a crappy graph as it purported to include "new" spending, which is pretty much irrelevant by itself. Bush did enact the tax cuts but Obama extended them. To the NYTimes it seems it is only bad for Bush because he did it first.
 
You miss the point, I really don't care how much someone else pays in taxes or who doesn't pay any taxes. I am more concerned over a 3.7 trillion dollar budget promoting out of control spending. If you are concerned about income taxes then promote the elimination of the 24 million unemployed or under employed Americans and then collect something from the millions who don't pay any FIT now. Think the rich can fund the liberal spending appetite? They don't have that kind of money.

If you don't care, why did you mention it?

The point is that the deficit is the result of unusually high spending and unusually low taxation. The solution is to address both causes. It's not rocket science.
 
Well it was a crappy graph as it purported to include "new" spending, which is pretty much irrelevant by itself. Bush did enact the tax cuts but Obama extended them. To the NYTimes it seems it is only bad for Bush because he did it first.

Obama only extended the top tax cuts because the Republicans were fully prepared to shut down the government if he didn't. Just like they're prepared to wreck the economy if they don't get 100% of what they want in the debt limit negotiations.
 
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If a corporation pays taxes it should have complete representation as well

meaning it should be able to vote in the jurisdictions where its located

just saying..........
No, sir! If such is every allowed, that one vote should be casted only in the state where said corporation is headquartered. But now, who would cast that vote?

The majority stockholder?

The company president?

The CEO?

It's President of the Board (of Directors)?

Who exactly should be responsible to cast that vote?

See how convoluted such a proposal would be?
 
Yes, and part of Obama's big plan for solving the debt crisis is saving 1 trillion dollars in Iraq from a war that we are exiting and not going t spend anyway. Creative liberal accounting.

It's still a decrease in spending compared to bush* and the republicans
 
what? the irs tells you that 50k of agi is not taxed? lol!

Adjusted gross income of 50,000 has led to people not paying any FIT and you don't have a problem with that but still want to raise the taxes more on those that do pay most of the taxes without any thought to the consequences. Still waiting for a response as to why you support people earning 50,000 or less paying nothing in FIT, NOTHING, but would rather try to get 70 billion a year from the rich who already pay most of the taxes. That is liberal logic and shows that liberals don't think.
 
Obama only extended the top tax cuts because the Republicans were fully prepared to shut down the government if he didn't. Just like they're prepared to wreck the economy if they don't get 100% of what they want in the debt limit negotiations.

Obama extended the tax cuts. Period. Always an excuse it seems.
 
Where did you post it? I must have missed it

Not surprising, you never read what anyone else posts but simply go on with your talking points.

You said I could ask a question and I did, where are you going to school? Waiting for an answer.
 
Well it was a crappy graph as it purported to include "new" spending, which is pretty much irrelevant by itself. Bush did enact the tax cuts but Obama extended them. To the NYTimes it seems it is only bad for Bush because he did it first.

If the graph truly is "crappy" maybe you could explain how instead of just issuing a pronouncment.

And you know that the tax cuts were extended because the republicans demanded it in return for voting to extend UI benefits; another example of the rights lack of compassion and willingness to hold americans hostage in order to extend their desire to redistribute wealth
 
Adjusted gross income of 50,000 has led to people not paying any FIT and you don't have a problem with that but still want to raise the taxes more on those that do pay most of the taxes without any thought to the consequences. Still waiting for a response as to why you support people earning 50,000 or less paying nothing in FIT, NOTHING, but would rather try to get 70 billion a year from the rich who already pay most of the taxes. That is liberal logic and shows that liberals don't think.

You said that you don't have a problem with it either. You said
I really don't care how much someone else pays in taxes or who doesn't pay any taxes.

Now you say that you DO care. How can we believe someone who has changed their position?
 
Not surprising, you never read what anyone else posts but simply go on with your talking points.

You said I could ask a question and I did, where are you going to school? Waiting for an answer.

In other words, you won't back it up

And yes, you can ask any question you want. I can answer any question I want.
 
Now you say that you DO care. How can we believe someone who has changed their position?
You must not believe any politician alive or dead or anyone who works in Washington D.C. They've all changed their minds... Mr. Obama more so since he's the President.
 
You must not believe any politician alive or dead or anyone who works in Washington D.C. They've all changed their minds... Mr. Obama more so since he's the President.

I don't trust any politician, including Obama.
 
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