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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 cpwill View Post
    Obama has a jihad against the financial stocks?

    ..... how did Obama vote when we decided to bail these institutions out, again? When Buffet bought into Goldman Sachs and then petitioned the Government to ensure his bet would succeed, Obama was against that? Obama has a Jihad against General Electric? Is that why it's CEO is one of his chief advisers, and they are allowed to get away with paying no taxes (instead getting a nice check courtesy of U.S. Taxpayer)?
    You probably never heard about Dodd-frank. You probably do not know that the Federal government has lawsuits against most of the major banks. You probably have no idea that the largest banks are selling below tangible book value.

    The GE thing is a strawman. GE did nothing wrong. They did what most individuals do which is to avail themselves of all the deductions and credits they are allowed. Ge is one of the best manufacturing companies in the world. What are they supposed to do, pay MORE than the law requires? Stop the silliness.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by washunut View Post
    You probably never heard about Dodd-frank. You probably do not know that the Federal government has lawsuits against most of the major banks. You probably have no idea that the largest banks are selling below tangible book value.

    The GE thing is a strawman. GE did nothing wrong. They did what most individuals do which is to avail themselves of all the deductions and credits they are allowed. Ge is one of the best manufacturing companies in the world. What are they supposed to do, pay MORE than the law requires? Stop the silliness.
    So corporations are good, and within their legal rights to take advantage of tax laws, as long as the support Obama and Co. But, if they are traditionally conservative in nature, and develop things like oil, then all of the sudden they are greedy, and social parasites that are sucking from the taxpayer those same legal tax write offs in GE's case become "subsidies" and the attack is on....


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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by j-mac View Post
    So corporations are good, and within their legal rights to take advantage of tax laws, as long as the support Obama and Co. But, if they are traditionally conservative in nature, and develop things like oil, then all of the sudden they are greedy, and social parasites that are sucking from the taxpayer those same legal tax write offs in GE's case become "subsidies" and the attack is on....j-mac
    Typical conservative response, did President Obama write the tax laws, did President Obama's administration write the tax laws? Is President Obama trying to close the loop holes in tax laws? Are the conservatives and thier die hard supporters refusing to close tax loop holes?

    The attack continues against the poor, the elderly and the middle class. Taxes need to be raised and loop holes need to be closed that will help slow the transfer of wealth

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by EarlzP View Post
    Typical conservative response, did President Obama write the tax laws, did President Obama's administration write the tax laws? Is President Obama trying to close the loop holes in tax laws? Are the conservatives and thier die hard supporters refusing to close tax loop holes?

    The attack continues against the poor, the elderly and the middle class. Taxes need to be raised and loop holes need to be closed that will help slow the transfer of wealth
    Give me a break, Obama had total control of the Congress in 2009-2010 so why didn't he change the tax code then? Keep buying the Obama rhetoric. Obama has spent over a trillion dollars and bailed out liberal constituent groups. Guess you continue to expect the taxpayers to fund the liberal spending appetite.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    Give me a break, Obama had total control of the Congress in 2009-2010 so why didn't he change the tax code then? Keep buying the Obama rhetoric. Obama has spent over a trillion dollars and bailed out liberal constituent groups. Guess you continue to expect the taxpayers to fund the liberal spending appetite.
    I won't argue that President Obama dropped the ball when he had it in his court, he absolutely should have used his majority in both houses to push his campaign planks, he should have closed tax loop holes and not only ended the President Bush tax breaks but should have increased taxes. He was to willing to negotiate with the right wing and it took him to long to realize that they were not there to negotiate only to push their right wing agenda which is to continue the transfer of wealth from the poor/elderly and middle class to the rich.

    His failure to act quickly does not relieve or give the right wing license to continue to plunder the wealth of our country, In 2012 the gig will be up

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by EarlzP View Post
    I won't argue that President Obama dropped the ball when he had it in his court, he absolutely should have used his majority in both houses to push his campaign planks, he should have closed tax loop holes and not only ended the President Bush tax breaks but should have increased taxes. He was to willing to negotiate with the right wing and it took him to long to realize that they were not there to negotiate only to push their right wing agenda which is to continue the transfer of wealth from the poor/elderly and middle class to the rich.

    His failure to act quickly does not relieve or give the right wing license to continue to plunder the wealth of our country, In 2012 the gig will be up
    there is only one group plundering the wealth of this country all in an agenda driven campaign to keep people dependent and thus keeping their jobs and that would be the liberal politicians. The rich don't care what someone else makes and would like to see even you join the group. Liberals however promote class warfare and seek to redistribute everyone else's wealth but theirs. That so called right wing is focused on deficit reduction not expansion of the deficits like Obama continues to do. Instead of buying the rhetoric why aren't you doing some research?

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    there is only one group plundering the wealth of this country all in an agenda driven campaign to keep people dependent and thus keeping their jobs and that would be the liberal politicians.
    The bolded part is pure BS when you consider that the top one percent have 38.3% of all privately held stock, 60.6% of financial securities, and 62.4% of business equity in our country.
    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

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    there is only one group plundering the wealth of this country all in an agenda driven campaign to keep people dependent and thus keeping their jobs and that would be the liberal politicians. The rich don't care what someone else makes and would like to see even you join the group. Liberals however promote class warfare and seek to redistribute everyone else's wealth but theirs. That so called right wing is focused on deficit reduction not expansion of the deficits like Obama continues to do. Instead of buying the rhetoric why aren't you doing some research?
    93% of the countries wealth is controlled by 10% of the people that means that 7% of the countries wealth is controlled by the remaining 80 percent of the the people. Rhetoric?

    How was the wealth accumulated by the wealthiest individuals? They did not work for it, they stole it from those most in need by stock manipulation, through derivatives, though speculating, through hedge funds, through predatory lending. Money does not just disappear into thin air the poor does not have it, the middle class does not have it, the rich have the money that seemingly disappeared from the face of the earth, they stole it from the elderly and poor

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by EarlzP View Post
    93% of the countries wealth is controlled by 10% of the people that means that 7% of the countries wealth is controlled by the remaining 80 percent of the the people. Rhetoric?



    How was the wealth accumulated by the wealthiest individuals? They did not work for it, they stole it from those most in need by stock manipulation, through derivatives, though speculating, through hedge funds, through predatory lending. Money does not just disappear into thin air the poor does not have it, the middle class does not have it, the rich have the money that seemingly disappeared from the face of the earth, they stole it from the elderly and poor
    that is bs and you know it but regardless what it is, why aren't you part of that group? I can see what is holding you back. I am still waiting for why you care so much what the wealthy have. this isn't a fixed size pie as it continues to grow. Having a large percentage of the wealth doesn't prevent other from joining in and getting their piece. How did any rich person make someone else poor? Your jealousy is showing and like far too many you blame others for your own failures. the rich want you to join them. Redistribution of their wealth isn't the answer.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by donc View Post
    The bolded part is pure BS when you consider that the top one percent have 38.3% of all privately held stock, 60.6% of financial securities, and 62.4% of business equity in our country.
    So what? Class envy and warfare is all you have. The economy grows, the stock values grow, financial securities grow so what is preventing you or anyone else from getting a bigger part of the pie?

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