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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 Conservative View Post
    Right,and right now 47% of the people pay zero in FIT which funds the price of citizenship. so in the liberal world their "fair share" is zero.
    Is that price for citizenship in the Constitution?

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by winston53660 View Post
    Is that price for citizenship in the Constitution?
    You believe out Constitution established a policy of 53% of the taxpayers paying for the other 47%? Notice how liberals never really address the issue. The only "fair" policy is a flat tax and then watch liberals screaming.

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    Re: White House Tax Plan Would Ask More of Millionaires

    The Republican Party isn't on the ballot, Obama will be and that includes his record. There is no reason to re-elect Obama and the best job creator would be him losing his.
    For the most part I agree, but I think you're wrong in pretending that the conservative platform or Republican platform is popular, that 2010 was anything except people disenfranchised with Washington, or that a Republican is a sure in to beat the President.

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    Re: White House Tax Plan Would Ask More of Millionaires

    You believe out Constitution established a policy of 53% of the taxpayers paying for the other 47%? Notice how liberals never really address the issue. The only "fair" policy is a flat tax and then watch liberals screaming.
    Jefferson was always for a progressive tax structure and any time an income tax has been levied it's been progressive. In fact the Civil War was paid by an income tax only levied against the top income earners in the North.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by iliveonramen View Post
    For the most part I agree, but I think you're wrong in pretending that the conservative platform or Republican platform is popular, that 2010 was anything except people disenfranchised with Washington, or that a Republican is a sure in to beat the President.
    The class warfare rhetoric is damaging to the country and no jobs are ever going to be created by pitting one class against another. This country wasn't built on the policies that Obama supports and has proposed. You can never build a strong economy by tearing down a major segment of that economy.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by iliveonramen View Post
    Jefferson was always for a progressive tax structure and any time an income tax has been levied it's been progressive. In fact the Civil War was paid by an income tax only levied against the top income earners in the North.
    If you want true economic growth and major job creation then the progressive tax system has to go. No country can ever tax its way to prosperity or have 53% of the income earners funding the entire govt. There are over 140 million income earners in this country and 65 plus million aren't paying any FIT. Add that to the 25 plus million unemployed and under employed and hopefully you can see the extent of the problem.

    After the Civil War ths country didn't have 140 million working Americans and a labor force of 154 million nor did it have a 3.7 TRILLION dollar yearly budget. There is no justification for that big of a Federal govt. nor 47% paying zero in FIT and the President calling for the top 1% to pay their fair share. How is 47% paying zero in FIT their fair share?

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    Re: White House Tax Plan Would Ask More of Millionaires

    The class warfare rhetoric is damaging to the country and no jobs are ever going to be created by pitting one class against another. This country wasn't built on the policies that Obama supports and has proposed. You can never build a strong economy by tearing down a major segment of that economy.
    I disagree, our country was built on the policies that Obama supports. The "Golden Age" of America had very high tax rates on the wealthiest Americans which paid for college for a lot of returning GI's, the Interstate Road system, a world class public education system and world class University system, made that Universty system extremly affordable for all middle class Americans, not to mention we had the higher income equality in the history of the country.

    Not to mention...we didn't start seeing massive budget deficits during that time period. I would also like to point out that even in the 1700's Americans made better wages than their counterparts in the UK. Go figure, the time period (Gilded Age) that practice conservative policies that Republican champion now and looked a lot like it does now (massive income equality) was the worst time for most Americans to live in and also contually has massive economic failures due to unregulated capital markets.

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    Re: White House Tax Plan Would Ask More of Millionaires

    If you want true economic growth and major job creation then the progressive tax system has to go. No country can ever tax its way to prosperity or have 53% of the income earners funding the entire govt. There are over 140 million income earners in this country and 65 plus million aren't paying any FIT. Add that to the 25 plus million unemployed and under employed and hopefully you can see the extent of the problem.
    No, i agree, you can't tax your way to economic growth, but you need a government capable of building infrastructure, an affordable good education system for all, and domestic markets capable of consuming the goods they create (you can't depend on exports forever). All of those are take money, and apparently the Republican plan is to tax the 47% of Americans that make either less than 20k a year or are retired in order to pay for it. It's not going to happen.

    After the Civil War ths country didn't have 140 million working Americans and a labor force of 154 million nor did it have a 3.7 TRILLION dollar yearly budget. There is no justification for that big of a Federal govt. nor 47% paying zero in FIT and the President calling for the top 1% to pay their fair share. How is 47% paying zero in FIT their fair share?
    In the 60's almost all Americans paid income taxes...almost all Americans were in the middle class. Why don't you ask why 47% of Americans don't pay taxes instead of just jumping to the conclusion they should.

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    Re: White House Tax Plan Would Ask More of Millionaires

    iliveonramen;1059845197]I disagree, our country was built on the policies that Obama supports. The "Golden Age" of America had very high tax rates on the wealthiest Americans which paid for college for a lot of returning GI's, the Interstate Road system, a world class public education system and world class University system, made that Universty system extremly affordable for all middle class Americans, not to mention we had the higher income equality in the history of the country.
    Wrong, tax rates are irrelevant, deductions and what people actually pay are what really matters. Never in our history has more revene in the form of tax revenue been going to the Federal govt. with lower rates. Deductions have been eliminated especially for the higher income earners and deductions increased for the lower income earners making the rich pay more and 47% paying nothing.

    Not to mention...we didn't start seeing massive budget deficits during that time period. I would also like to point out that even in the 1700's Americans made better wages than their counterparts in the UK. Go figure, the time period (Gilded Age) that practice conservative policies that Republican champion now and looked a lot like it does now (massive income equality) was the worst time for most Americans to live in and also contually has massive economic failures due to unregulated capital markets.
    Massive budget deficits came from too much spending, not from tax cuts. Tax revenue according to the U.S. Treasury increased dramatically after the Reagan and Bush tax cuts but not enough to offset the massive Congressional spending

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    Re: White House Tax Plan Would Ask More of Millionaires

    iliveonramen;1059845204]No, i agree, you can't tax your way to economic growth, but you need a government capable of building infrastructure, an affordable good education system for all, and domestic markets capable of consuming the goods they create (you can't depend on exports forever). All of those are take money, and apparently the Republican plan is to tax the 47% of Americans that make either less than 20k a year or are retired in order to pay for it. It's not going to happen.
    The problem is most people have no idea what the line items are for the budget and the role of the Federal Govt. Infrastructure is funded by excise taxes on gasoline, not FIT and yet excise taxes like SS taxes have been put on budget and used for everything other than infrastructure. that is a fact that liberals will never talk about.


    In the 60's almost all Americans paid income taxes...almost all Americans were in the middle class. Why don't you ask why 47% of Americans don't pay taxes instead of just jumping to the conclusion they should.
    In the 60's there were deductions for everything but that was ok since the budget was about 250 billion dollars, not 3.7 trllion. The point is I really don't care about the 47% that don't pay taxes because I know we have a spending problem not a revenue problem. If you want more money to the bloated Federal Govt. then I showed you where you can get it. Why are liberals talking about the top 1% paying their fair share when they pay 38% of all income taxes collected now. Why aren't liberals talking about the 47% that aren't paying any FIT to pay their fair share or is their fair share ZERO?

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