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Thread: White House Tax Plan Would Ask More of Millionaires

  1. #1221
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    Re: White House Tax Plan Would Ask More of Millionaires

    Why is it so bad to tax the wealthiest of the wealthy at this point? It's absolutely ridiculous to see people consider that class warfare. First of all, it's not warfare. We're not going out and putting guns to the heads of these people and making them pay more taxes. What kind of a planet are you living on to think that it has escalated to that level. It's not war! Second of all, most of them aren't really job creators, okay? Their companies are the real creators. Companies hire people.

    Taxes are a sacrifice that everyone has to make. Whatever my taxes are, they can take what they want (a reasonable amount, not asking for 75% of my income going to the government). They're not going to fix or build bridges, roads, and schools if they don't have taxes. If we keep lowering taxes (especially on the wealthiest) the actual citizens are going to have to do that stuff themselves. Quite frankly, I don't want to be woken up at 6 am by a phone call from the government saying "Hey, the bridge 3 blocks from you is down. Get over here and bring a shovel." That is why we pay taxes.

    Taxes are a service. We've been doing it ever since we became a country. And don't give me that "well that's socialism/communism/(insert radical left wing ideology)" It's not! For crying out loud, their asking for 3%. That's 1 more than 2%. What's so hard to understand?

    I know that taxes affect prices, but is that increase really going to affect us that much? Geez. I'd spend another dollar on whatever product I'm buying if it's being made by an American instead of someone in a sweatshop or whatever in another country. It really isn't that hard. Seriously, why can't a company like Wal-Mart make a 2% profit or whatever it is on goods? According to them if they can't make 3% apparently it's a tragedy of biblical proportions. Just get a grip on it!
    The GOP National Committee should change their emblem from an elephant to a condom. A condom stands up to inflation, halts production, destroys the next generation, protects pricks, and gives one a sense of security and safety while screwing others.

  2. #1222
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by muRda View Post
    Because the wealth is concentrated into the top 10% of Americans.

    Attachment 67116368
    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.


    You are really oversimplifying economics here.
    being rich doesn't make others poor

    being smart doesn't make others stupid

    being fast doesn't make others slow

    being graceful doesn't make others klutzy

    if people aren't making any money its not the fault of those who do



  3. #1223
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    Percentage change is worthless, the higher the base the lower the percentage change.
    No, not at all. Do you realize what that chart means? It's not a comparison over time, it's static.

    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?
    Really? You think one man has everything to do with government debt and the economy?


    Not doing a very good job at it. Better try something else.
    All you've done is regurgitate conservative talking points without addressing specifically anything I've brought up (or when you have, you were misunderstanding what I actually said instead of how you read it). How does me posting a chart about wealth distribution in this country and concerns about corporations lead you to start talking about Governor Cuomo? Stick to the topic and points I make, not everything has to be degraded into some tangent on what you hold dear. See below.


    No problem, like the story but like more the taxpayers that are moving to TX from NY because TX has no state income taxes.
    Quote Originally Posted by TurtleDude View Post
    being rich doesn't make others poor

    being smart doesn't make others stupid

    being fast doesn't make others slow

    being graceful doesn't make others klutzy

    if people aren't making any money its not the fault of those who do
    Is that the lullaby that was sung to you at night? How about actually making a point instead of worthless platitudes?
    Last edited by muRda; 10-03-11 at 09:21 PM.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by donc View Post
    What pot does the “payroll tax” go in, and what percent of their income does “payroll tax” represent to the 47 percenters that pay no FIT, compared to someone making $300 K per year?

    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.
    What does it matter, FICA funds SS and Medicare not the Federal Govt. Pretty simple concept to understand for most, why not you?

  5. #1225
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by muRda View Post
    No, not at all. Do you realize what that chart means? It's not a comparison over time, it's static.

    Really? You think one man has everything to do with government debt and the economy?

    All you've done is regurgitate conservative talking points without addressing specifically anything I've brought up (or when you have, you were misunderstanding what I actually said instead of how you read it). How does me posting a chart about wealth distribution in this country and concerns about corporations lead you to start talking about Governor Cuomo? Stick to the topic and points I make, not everything has to be degraded into some tangent on what you hold dear. See below.


    Is that the lullaby that was sung to you at night? How about actually making a point instead of worthless platitudes?
    Sorry but bea.gov, bls.gov, and the U.S. Treasury refute your rhetoric and that is all that matters. Those aren't conservative talking points, those are facts. Please explain why there is such passion for raising taxes?

    You see, I don't give a damn how much you or anyone else makes nor how much wealth you accumulate. Don't care who controls what part of the nation's wealth because I know that I have an opportunity to accumulate wealth just like anyone else. Corporations employ people and corporations pay dividends to shareholders as well as taxes. No corporations and millions would have to live off SS income, hardly enough to benefit anyone.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    How does sending more FIT to the Federal Govt. affect Senior benefits? You don't understand FICA do you?
    I understand it enough that I know money taken in for Social Security was used to help fund optional wars so the rich could continue with their discounted tax rates, and that its time for the rich folks to pay that money back, rather than the seniors have to take the hit in reduced benefits.

    SS rate payers did not create the nation's debt and they should not be made to take up the slack for the wealthiest who have benefited from their tax breaks for the last 30 years.

    I am a senior and know that sending more to the govt. doesn't change my benefits at all.
    It does when people are using the national debt (most of which, would not exist without 30 years of tax breaks for the rich) as an excuse for further cutting away at the middle class benefits provided through SS and Medicare.
    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

    Quote Originally Posted by muRda View Post
    No, not at all. Do you realize what that chart means? It's not a comparison over time, it's static.


    Really? You think one man has everything to do with government debt and the economy?



    All you've done is regurgitate conservative talking points without addressing specifically anything I've brought up (or when you have, you were misunderstanding what I actually said instead of how you read it). How does me posting a chart about wealth distribution in this country and concerns about corporations lead you to start talking about Governor Cuomo? Stick to the topic and points I make, not everything has to be degraded into some tangent on what you hold dear. See below.





    Is that the lullaby that was sung to you at night? How about actually making a point instead of worthless platitudes?
    sorry newbie but I tire of the lefties whining that it is the fault of the rich that others are failures. Its not the fault of the rich that people are poor anymore than its the fault of a good student that others are failures or stupid.

    we have spent far too much time and energy excusing failure and sloth.



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    Sorry but bea.gov, bls.gov, and the U.S. Treasury refute your rhetoric and that is all that matters. Those aren't conservative talking points, those are facts. Please explain why there is such passion for raising taxes?
    So it's fine for you to assume they do, but not for me to assume they don't? Bear the onus, my man.

    You see, I don't give a damn how much you or anyone else makes nor how much wealth you accumulate. Don't care who controls what part of the nation's wealth because I know that I have an opportunity to accumulate wealth just like anyone else. Corporations employ people and corporations pay dividends to shareholders as well as taxes. No corporations and millions would have to live off SS income, hardly enough to benefit anyone.
    C'mon, man, really? In the last post I specifically pointed out how you do nothing but degenerate any progress of a debate by spiraling into talking points and diving face-first into spreading your agenda without a safety cord.

    This article might be of interest to you (it taught me a good lesson): Link

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Catawba View Post
    I understand it enough that I know money taken in for Social Security was used to help fund optional wars so the rich could continue with their discounted tax rates, and that its time for the rich folks to pay that money back, rather than the seniors have to take the hit in reduced benefits.

    SS rate payers did not create the nation's debt and they should not be made to take up the slack for the wealthiest who have benefited from their tax breaks for the last 30 years.



    It does when people are using the national debt (most of which, would not exist without 30 years of tax breaks for the rich) as an excuse for further cutting away at the middle class benefits provided through SS and Medicare.
    Yes, you can thank LBJ for putting SS on budget or did you forget? Your benefits haven't been reduced because of those wars but the SS IOU's need to be funded. You really need to educate yourself and stop making foolish statements. I am a senior, collecting SS and know what my SS amount was going to be long before the wars. That amount hasn't changed.

    Tax cuts for the rich didn't cause the debt, spending in the name of compassion did, i.e. War on Poverty

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Snevert View Post
    Geez. I'd spend another dollar on whatever product I'm buying if it's being made by an American instead of someone in a sweatshop or whatever in another country.
    i would pay more for domestically / locally made goods. it's worth it.

    since they shipped out most of the manufacturing jobs in my area, the roads are in bad shape, houses are empty and rotting, and more people are on government assistance. getting a TV for cheaper is not a good trade for vibrant community economics.

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