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Thread: White House Tax Plan Would Ask More of Millionaires

  1. #201
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    If you want to live in a 100% free market society you better go start one somewhere, because there's no such thing on this earth. Nor would it last long if there was.
    I guess the question is why so many of those like you want to turn the USA into another eurosocialist welfare paradise



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    Interesting. And how much of that money did you EARN, as opposed to inheriting? As a wise man once said, "Its time for those who have been subsidized by others to either give up all the goodies they expect from others, or step up and start paying for what they demand".
    Again, this is America. If somebody's family decides to leave them money, how is that any of your concern? The fact still remains that he paid more than 10x in taxes than a family that makes 100k a year and has 1 child.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by TurtleDude View Post
    so what? they sure don't use as much

    You keep forgetting that the from each according to their ability nonsense doesn't work

    and its a tax on income and the rich pay a far higher share of the income tax than their share of the income while the bottom 50% pay a far lower share of the income tax than their share of the income

    the bottom 50% use far more,

    If they cannot pay more for what they use than they ought to use less and they certainly should not be voting for higher rates for others
    It doesn't work? Really? Because it sure seemed to work better when we had more of it between WWII and the late 1960s -- the golden age of this country in many ways.

    But your idea of the poor paying more because they need more is pure brilliance.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by TurtleDude View Post
    I guess the question is why so many of those like you want to turn the USA into another eurosocialist welfare paradise
    I can't speak for others but I would just like to return the USA to the policies of those welfare socialists like Harry Truman and Ike Eisenhower.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    You are missing the point, Liberals are calling for the rich to pay more and that brings into play the numbers that aren't paying anything. How can anyone claim that the rich need to pay their fair share when they are paying 38% of the taxes now and 47% of the income earners aren't paying any FIT. Apparently their fair share is zero, right?

    Republicans don't believe we have a revenue problem but instead a spending problem. If you really want more revenue then get it from those not paying any FIT.
    Taxing poor people and the elderly is not a valid solution in order to bring in more revenue. Only 1% of nontaxpaying households are nonelderly with incomes over $20,000. Most people who pay no federal income are poor and old. However, there are a few exceptions, like the 1,500 millionaires who didn't pay any income taxes in 2009.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    It doesn't work? Really? Because it sure seemed to work better when we had more of it between WWII and the late 1960s -- the golden age of this country in many ways.

    But your idea of the poor paying more because they need more is pure brilliance.
    so tell me

    what is more likely to support big spending politicians

    those who pay taxes and see them increase when government spends more

    or those who don't get tax hikes when the government spends more



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    If you want to live in a 100% free market society you better go start one somewhere, because there's no such thing on this earth. Nor would it last long if there was.
    Splitting hairs to support your rubbish isn't going to solve the problem either. You have the right to make your money the way you see fit in America and sniveling little whiners don't have the right to just take it because they don't wnat to work harder. If you want more luxury, work harder. Period.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Smokified View Post
    Again, this is America. If somebody's family decides to leave them money, how is that any of your concern? The fact still remains that he paid more than 10x in taxes than a family that makes 100k a year and has 1 child.
    Now that's strange. I thought you had a problem with people who are "subsidized" complaining? You mean to say that we should castigate people who receive assistance to maintain a poverty-level income, but praise those who receive unearned millions? What's the logic behind that?

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Antiderivative View Post
    Taxing poor people and the elderly is not a valid solution in order to bring in more revenue. Only 1% of nontaxpaying households are nonelderly with incomes over $20,000. Most people who pay no federal income are poor and old. However, there are a few exceptions, like the 1,500 millionaires who didn't pay any income taxes in 2009.
    its a valid solution to keep them from supporting more spending

    and what income did those 1,500 millionaires have?

    and their losses.

    I suspect there is more to that story than the tax hikers want to tell us



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by TurtleDude View Post
    I guess the question is why so many of those like you want to turn the USA into another eurosocialist welfare paradise
    Why the extremes? There are many positive aspects of socialism we can incorporate into a market framework; the key however is the adequate protection of property rights. In advance; asking for 3.5% more of GDP does not lead to socialism.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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