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Thread: White House Tax Plan Would Ask More of Millionaires

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by haymarket View Post
    Indeed they did with the largest cuts going to the richest. And the Dems cannot pander on this issue since it was a Republican President and 92% of the YES votes to pass the 2001 and 2003 tax cuts came from Republicans.... as has been well established and documented.
    Fairly weak response. We expect better from you. It seems you failed to address the issue presented which is that the "Bush Tax Cuts" impacted many more than the "rich". So why is it that a President that calls for shared sacrifice wants to get rid of this benefit for top earners. Perhaps his request would be better received if he and perhaps you were a bit more honest and called for the tax cuts to be eliminated in their entirety. Not doing so leaves you open to turtle's views.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by EarlzP View Post
    I never had a need for weed or any other drug, that's 64 million US citizens but that does not matter to you because some where in your mind you are better then 90% of the global population, unfortunately for you US citizens get to vote and they will not be voting for libertarians or conservatives
    Over the time I have been here Earl, I have learned the value that Turtledude brings to the election campaign. You've seen his posts...........could there be a better example for the moderates and independent working class not to vote for the positions expressed in his posts???

    Just relish each time he says the working class are pathetic leeches.
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by washunut View Post
    Fairly weak response. We expect better from you. It seems you failed to address the issue presented which is that the "Bush Tax Cuts" impacted many more than the "rich". So why is it that a President that calls for shared sacrifice wants to get rid of this benefit for top earners. Perhaps his request would be better received if he and perhaps you were a bit more honest and called for the tax cuts to be eliminated in their entirety. Not doing so leaves you open to turtle's views.
    That's easy, because those that get most of their income from investments received a bigger tax cut of their total income than did the middle class who work for a living.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: White House Tax Plan Would Ask More of Millionaires

    "Like Warren Buffett, hip hop mogul Russell Simmons, whose net worth is estimated at $340 million, is calling on President Obama to raise his taxes. “For far too long in this country we have allowed the rich to get richer and the poor to get poorer,” Simmons wrote, calling on policymakers to preserve social safety net programs for the most needy. Simmons, who has also joined with the Occupy Wall Street protests, appeared on MSNBC today to discuss his cause. “All my employees — every single one — paid more taxes than I did,” he said, noting that he donated $10 million to charity and thus received big tax breaks. “We need to make the rich pay their fair share.”

    Simmons also shot down conservative claims that raising taxes on the wealthy would hurt job creation, saying he makes all his hiring decisions based on pre-tax, not post-tax income."


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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by TurtleDude View Post
    if you give it to people who "need it the most" what you have done is engaged in income redistribution yet again.

    Pandering for votes is obvious Your PARTY only wants to make the rich pay more and some of the rich NEED the money they have now. Like it or not there are many people making 300-600K a year or so who are actually pretty over extended. people making 50-80K a year often project their own expenses on the rich and figure all those rich people can cough up another 40-60K a year in taxes which is complete BS.
    So what? Some income has been collected in a legal manner from the very wealthy and has been utilized to run the peoples government and spend it on programs approved and endorsed by the peoples government.

    If the very wealthy do indeed - as you put it - NEED the money than they have now - despite it being more than 95 to 98% of the American people have - they need some good lessons in money management and budgeting. After all, that is how you folks on the right keep turning the tables on the US government. You righties keep preaching that the government has plenty of money, they do NOT need more, they simply need to manage it better and spend it more wisely. So this same principle should apply to the very wealthy and part of their built in spending should be taxation which benefits this nation and its people.
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by washunut View Post
    It seems you failed to address the issue presented which is that the "Bush Tax Cuts" impacted many more than the "rich". So why is it that a President that calls for shared sacrifice wants to get rid of this benefit for top earners. Perhaps his request would be better received if he and perhaps you were a bit more honest and called for the tax cuts to be eliminated in their entirety. Not doing so leaves you open to turtle's views.
    I did so try to convince Barack to a bit different approach but just when I thought I converted him, those guys from Treasury came in and the rest is history. My connections only go so far it would seem.
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by TurtleDude View Post
    Need is as idiotic a phrase as "fair" btw.
    You freely use both phrases in your posts.
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by haymarket View Post
    Moving the goal posts again it would seem. Five minutes ago it was whining about positive results. Now its shifting gears and a new monster rears its ugly head -.
    I answered your post, you don't like the answer because you know it is the truth.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by haymarket View Post
    Indeed they did with the largest cuts going to the richest. And the Dems cannot pander on this issue since it was a Republican President and 92% of the YES votes to pass the 2001 and 2003 tax cuts came from Republicans.... as has been well established and documented.
    That is a lie, the cuts were the same for all, it just happens that the people who pay the most are going to get the biggest dollar amount.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Catawba View Post
    I already provided documentation of Treasury data that proves it, and you could provide nothing to refute it.
    What I proved is that tax revenue went up after the Bush tax cuts were implemented. You are showing projections that ignore human behavior and actual results. There is no way of knowing what the actual numbers would have been without the Bush tax cuts. Are you proposing elimination of all the tax cuts or just those on the rich?

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