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Thread: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

  1. #341
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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by j-mac View Post



    j-mac

    I erased most of your opinions and crystal ball gazens, hope you don’t mind.

    What is wrong with asking someone that makes TEN TIMES THEIR salary in so-called bonus/stock options, whatever you call it, to pay more than the 15% capitol gains tax?

    For instance; In 2010 Average CEO Pay at S&P 500 Companies . Salary= $1,093,989 paying the same tax rate as you and I on it.


    Bonus/ stock options/whatever they could worm in and tax at the capitol gains rate of 15%…. $11,358,445.

    If the poor rich dude paid the full The full Monty of SS,s $106000 and change ,it would be paid in full in around one day and six hours.But of course he pays nothing on it as he has already paid it on his…coff,coff,salary.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  2. #342
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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by j-mac View Post
    But the fact that the top 10% of earners in this country pay roughly 70% of all income tax revenue collected, while 47% of this country pays NO income tax at all, shouldn't your question be how can we get those NOT paying to carry their own load?

    As to your question for what the working poor should pay, I would say something. Hell, 1% would make them a participant, rather than a recipient.

    j-mac
    From my post #332

    My suggestion was that we stick the working poor with a 15% tax hike, those collecting capitol gain's a 10% hike and you still don't think that is reasonable?
    Try to keep up.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  3. #343
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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by j-mac View Post
    Maybe you should ask Jan Schkowsky (sp?) she refuses to answer that exact question.

    But the fact that the top 10% of earners in this country pay roughly 70% of all income tax revenue collected, while 47% of this country pays NO income tax at all, shouldn't your question be how can we get those NOT paying to carry their own load?

    As to your question for what the working poor should pay, I would say something. Hell, 1% would make them a participant, rather than a recipient.

    j-mac
    There's a reason they don't pay. Correct the reason, and they'll be paying. however, as shown many times before those with the most benefit the msot from this country. Paying more for more isn't unfair.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by 1Perry View Post
    If a GOP president does it, it's called corporate welfare. These "payroll taxes" go to S.S., again if a GOP president had suggested we further cut funding for S.S. there would be massive calls for his head.
    That's true to a degree. But I wouldn't discount that how it is asked for and how much you trust who is asking from the equation.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Boo Radley View Post
    There's a reason they don't pay. Correct the reason, and they'll be paying. however, as shown many times before those with the most benefit the msot from this country. Paying more for more isn't unfair.

    When I was young and naïve I wondered how/why someone could become brainwashed. Fox News and the rightwing sound machines sure showed it could be done on a massive scale eh?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by donc View Post
    When I was young and naïve I wondered how/why someone could become brainwashed. Fox News and the rightwing sound machines sure showed it could be done on a massive scale eh?
    Don't know about brainwashing, but I do believe people seek such sources that will reaffirm what they already believe. Discovery is less important than being told you're right. This is limited to any political position or grouping.

    However, facts are also facts regardless of this. And if we look at who benefits from our taxes most, it's not those on welfare, who are demonized the most. In fact, those who make the most benefit the most.

    So how can we get that measure across and accepted by those who don't want to believe it?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Boo Radley View Post
    Don't know about brainwashing, but I do believe people seek such sources that will reaffirm what they already believe. Discovery is less important than being told you're right. This is limited to any political position or grouping.

    However, facts are also facts regardless of this. And if we look at who benefits from our taxes most, it's not those on welfare, who are demonized the most. In fact, those who make the most benefit the most.

    So how can we get that measure across and accepted by those who don't want to believe it?
    You’re right on this point of your post (And if we look at who benefits from our taxes most, it's not those on welfare, who are demonized the most.) What other country are they going to be able to call the CORP that they work/ for people and donate/bribe politicians to get them to look the other way.



    I still think that there is a whole lot of brainwasin going on though.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Boo Radley View Post
    There's a reason they don't pay. Correct the reason, and they'll be paying. however, as shown many times before those with the most benefit the msot from this country. Paying more for more isn't unfair.
    It's always easy for third parties to determine what's 'fair' when it involves other people's money. That's why 'the rich' are moving their interests elsewhere. And if Americans can't even build a fence to keep illegal immigrants out of the country, it's for sure they can't build a fence to keep business and money in the country.

    "A government which robs Peter to pay Paul can always depend on the support of Paul." - George Bernard Shaw

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Grant View Post
    It's always easy for third parties to determine what's 'fair' when it involves other people's money. That's why 'the rich' are moving their interests elsewhere. And if Americans can't even build a fence to keep illegal immigrants out of the country, it's for sure they can't build a fence to keep business and money in the country.

    "A government which robs Peter to pay Paul can always depend on the support of Paul." - George Bernard Shaw
    Not sure how this is a response to what I said, but no. Companies are leaving because they can get cheap labor elsewhere, don't have to worry about providing health insurance, and pay no penality for moving jobs away. You could get rid of all taxes and they still would be moving off shore. Not building the fence is just a way to keep them here as they can use cheap illegal labor.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by donc View Post
    When I was young and naïve I wondered how/why someone could become brainwashed. Fox News and the rightwing sound machines sure showed it could be done on a massive scale eh?
    Now that you are not so young and more experienced, why not offer up some evidence to support the idea that those who disagree with your points of view are "brainwashed"? That's what adults do.

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