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Thread: White House Tax Plan Would Ask More of Millionaires

  1. #1981
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Thunder View Post
    then WTF should we be giving them special tax-rates and rights of personhood?

    if corporations are not going to even attempt to work towards the greater good of our society ALONG with making money, then **** them.
    Is there some requirement that business is beholden to the "Greater good of society" when they attain their status of 'Inc.', or 'Corp'.... And can you point this out in writing please?

    j-mac
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by j-mac View Post
    Is there some requirement that business is beholden to the "Greater good of society" when they attain their status of 'Inc.', or 'Corp'.... And can you point this out in writing please?

    j-mac
    The theory behind our 30 year failed experiment with trickle down economics was that the tax breaks given to the rich would create jobs. The realization being made that without the commitment to create jobs, there is no justification to continue their tax breaks.
    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

    Sheik Yerbuti;1059860385][COLOR=#0000FF]Again, I'm not ignoring it. But unlike you, I'm not ignoring that the economy lost 8 million jobs during Bush's Great Recession. 12 million lost to underemployment. No human on Earth could fix that in 2 years. Never since the Great Depression has a president dumped an economy losing 12 million jobs to underemployment on his successor.
    As has been pointed out the recession wasn't created by Bush alone and Obama was part of that Congress. In addition the 2009 budget was passed almost entirely with Democrat votes including Obama's. Then Obama put the Department heads in place to spend the money and make the economic policies that have generated the results we have today. You continue to give him a pass while blaming everything on Bush. That shows just how partisan and biased you really are.

    The funniest part about your rants is on one hand, you complain endlessly how Obama isn't creating enough jobs while in the other hand, you claim the government can't create jobs.
    By your own standards then how did Bush lose all those jobs. If the govt. cannot create them the President cannot lose them? The fact is you are wrong, Govt. sets the policy that affects job creation by the private sector. You don't have a clue how the private sector works and have been brainwashed by an ideology that is a failure. All you do is divert from the failures of this Administration to continue to focus on the past.


    That is BS -- please stop lying.
    You love using that term when liberalism is totally based upon lies and distortions.

    When Reagan became president, inflation was dropping, not rising...

    Historical Inflation Rates

    When Reagan became president, interest rates were dropping, not rising...

    Mortgage (ARM) Indexes: Prime Rate: Historical Data

    When Reagan became president, the unemployment rate was flat, not rising...

    Bureau of Labor Statistics Data
    Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. 38-41% JAR and well over 50-55% disapproval ratings.

    There are many issues being discussed, most of which, you participate in. You said the 1981-82 recession was worse than the 2008-09 recession. Well like it or not, the onus is on you to prove it. You're citing inflation as one of the factors that made the earlier recession worse but inflation is not an indicator of the economy. You have accepted this as true by twice avoiding my question which I highlighted in red, so you know it, yet you spout otherwise anyway. Meanwhile, you ignore GDP which is the strongest indicator of the economy and the reason you ignore it is because it proves Bush's Great Recession was worse.
    I stand by my statement and the numbers back me up, high inflation, rising unemployment, and high interest rates.

    Why do you continue to support this empty suit in the WH and since you weren't around in the 81-82 recession you have no basis for comparision. I lived and worked during both.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by j-mac View Post
    Is there some requirement that business is beholden to the "Greater good of society" when they attain their status of 'Inc.', or 'Corp'.... And can you point this out in writing please?

    j-mac
    When those corporations are allowed special rights and privileges that other citizens do not have. I don't think there is any contract stating that once a company goes from sole ownership, or dual partnership, to corporate, they owe a debt to society, no. My problem is, why allow a business that has gone corporate to be limited liability? It's absurd. Corporations, in addition to having minimized liability for their products, actions, and services, also pay vastly reduced tax rates on payroll, unemployment, and insurance. Now, you can make the claim of "buying bulk", but I can make the same claim of "buying bulk" with health insurance, ala obama care. Legal liability is not something you buy in bulk, for reductions. Taxes are not something you should pay less of, just because you have a higher tax liability. You talk about fare and equal treatment when it's the wealthy who are threatened with higher taxes and such, well, here's a chance to put your money where your mouth is. Fare and equal means for EVERYONE. Including businesses of a certain size. If you want to learn more about the legal differences between sole owner, partner, or corporate, I implore you do so, then you can have a much better understanding of what some people are crying foul about.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Catawba View Post
    The theory behind our 30 year failed experiment with trickle down economics was that the tax breaks given to the rich would create jobs. The realization being made that without the commitment to create jobs, there is no justification to continue their tax breaks.
    I hope you are sending your tax cuts back to the Federal Govt. since that is where you believe all the problems are solved.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Catawba View Post
    The theory behind our 30 year failed experiment with trickle down economics was that the tax breaks given to the rich would create jobs. The realization being made that without the commitment to create jobs, there is no justification to continue their tax breaks.
    Can you answer the question?

    j-mac
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Catawba View Post
    The theory behind our 30 year failed experiment with trickle down economics was that the tax breaks given to the rich would create jobs. The realization being made that without the commitment to create jobs, there is no justification to continue their tax breaks.
    and the 50 years of welfare handouts and the war on poverty was to eliminate poverty. all it did was create multigenerational entitlement addicts

    We didn't have income taxes for more than half our history. we did fine without them



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by j-mac View Post
    Can you answer the question?

    j-mac
    I just did.
    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

  9. #1989
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by j-mac View Post
    Can you answer the question?

    j-mac
    I know you're not talking to me, but...
    When those corporations are allowed special rights and privileges that other citizens do not have. I don't think there is any contract stating that once a company goes from sole ownership, or dual partnership, to corporate, they owe a debt to society, no. My problem is, why allow a business that has gone corporate to be limited liability? It's absurd. Corporations, in addition to having minimized liability for their products, actions, and services, also pay vastly reduced tax rates on payroll, unemployment, and insurance. Now, you can make the claim of "buying bulk", but I can make the same claim of "buying bulk" with health insurance, ala obama care. Legal liability is not something you buy in bulk, for reductions. Taxes are not something you should pay less of, just because you have a higher tax liability. You talk about fare and equal treatment when it's the wealthy who are threatened with higher taxes and such, well, here's a chance to put your money where your mouth is. Fare and equal means for EVERYONE. Including businesses of a certain size. If you want to learn more about the legal differences between sole owner, partner, or corporate, I implore you do so, then you can have a much better understanding of what some people are crying foul about.

  10. #1990
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    Re: White House Tax Plan Would Ask More of Millionaires

    [QUOTE=TurtleDude;1059860422]
    and the 50 years of welfare handouts and the war on poverty was to eliminate poverty. all it did was create multigenerational entitlement addicts
    Wrong, a lack of adequate paying jobs is what has created more welfare.

    The entitlement mentality is among the rich that have received tax cuts for so long now, they believe they are entitled to them.
    We didn't have income taxes for more than half our history. we did fine without them
    Only the libertarians and the fringe nuts like Cain are proposing no income taxes and they received 0.4% of the vote in the last election, so best of luck there in your dream of going backwards in time.
    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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