It's the Inequality, Stupid | Mother Jones
Which gets back to my point about corporations and individuals. Sure, maybe a corporate officer here and there doesn't make much income, but when they're money is tied up in stocks, they make a pretty penny off the capital (money and labor) supplied by the working class when they cash out. That's why the 15% capital gains rate is a joke to begin with. [insert Warren Buffet paying more than secretary diatribe here]
And also, yes, corporations and the wealthy should pay higher taxes because of the benefits (direct and indirect) they receive(d) from all the line items of the federal budget as a collective whole.
Last edited by muRda; 10-03-11 at 06:52 PM.
let them keep the lower 2000s rate if they use what they would have paid in taxes to hire people domestically. the claim is that the lower rate creates jobs; let's see it in action.
otherwise, roll it back to the 1990s rate. the economy did quite well when the top rate was 39 percent.
Too busy correcting people on the internet.Why aren't you working to get a share of that growing wealth?
That's a great story, but I'd rather we just stick with what I said and not turn this into who's got the bigger propaganda.Keep raising those taxes and watch people flock from NY. Why has Coumo proposed lower taxes? Who do you think pays corporate taxes?
Percentage change is worthless, the higher the base the lower the percentage change. Example Reagan added 1.7 trillion to the debt which is a much higher percentage than the 4 trillion Obama added as the Reagan base was 900 billion and the Obama base 10.6 trillion. Reagan's percentage was going to be higher but which do you want to pay debt service on, 1.7 trillion or 4.0 trillion?muRda;1059845463]And that changes what about that chart? Percentages work with proportions, my friend, they're entirely flexible to a change in quantity.
Not doing a very good job at it. Better try something else.Too busy correcting people on the internet.
No problem, like the story but like more the taxpayers that are moving to TX from NY because TX has no state income taxes.That's a great story, but I'd rather we just stick with what I said and not turn this into who's got the bigger propaganda.
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
No way in hell can you spin this BS"Right now the price being paid by 47% to fund that govt. is ZERO. Is that what you call paying their fair share" and make it smell like anything but the bull**** it is.
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