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Thread: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by FilmFestGuy View Post
    This is the delusion they must create in order to get by. Otherwise, their conscience would take over.

    It's also why they ignore facts like CEO wages increasing 27% between 2009 and 2010, while employee pay rose 2.1% and the unemployment rate stayed marginally stagnant.

    The American system has been completely gamed - and instead of the CEO's and the boards rewarding them so foolishly - we blame the President. He's the reason unemployment isn't any better. He's the reason CEO's are raking in an average of $9.4 million each while the rest of the country struggles. It's not the CEOs at all - nor is the board of directors who appoint and approve such massive salaries and bonuses. All Obama's fault that this continues to happen even as most American's suffer. He specifically makes that happen and is responsible for that behavior occurring - as it has - for the past 35 years or so as the wealthiest Americans accumulated and consolidated nearly all of the economic growth the country has seen. All his fault.
    Fortunately, the 99% are belatedly catching on and speaking out! I have not seen this kind of awareness since the Vietnam war protests which brought about an end to the war.
    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: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Objective Voice View Post
    I know the stardard rhetorical argument from Conservatives/Republicans "why do you hate the rich?, why do you want to take money from wealthy people? all poor people want are hand-outs" and all the other "redistribution of wealth" arguments, but I've got news for you people. It's no longers just Warren Buffet saying "tax me! I'm good for it" to create jobs in America.

    These promonent BILLIONAIRES are also saying "TAX ME! We want to create jobs IN AMERICA because the People want...NEED to work!" Watch these video interviews given by Barbara Walters on ABC's "20/20" of BILLIONAIRES who are saying "TAX ME! CREATE JOBS IN AMERICA!" Even they agree with the Occupiers need to put America back to work!!

    Again, the Occupy Movement IS NOT anti-capitalism. It IS anti-corruption. The People just want a job and for AMERICA to get back to work!!!
    If I had a few billion laying loose, and if I believed it should be used to create jobs for the good of the country, I would get together with some of my buddies in the same situation and open up a new factory, firm, or other place of employment. Everybody wins. People get jobs, the billionaires get to be even bigger billionaires, and the government would benefit by having less people on unemployment-welfare and they would collect more taxes. Or, I could just sit around whining that nobody will come and take my money forcibly from me to let the government create jobs.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by mertex View Post
    Really? I say, let them go.

    The G.O.P. says global competitiveness requires the United States to reduce its corporate tax rate. But the United States actually has the lowest corporate tax burden of any of the member nations of the Organization for Economic Cooperation and Development.

    Bruce Bartlett: Are Taxes in the U.S. High or Low? - NYTimes.com


    Keep drinking the KoolAid.
    I'm not saying that this doesn't need looked at but there is one thing I do not get. The arguement is that the rich are getting richer at the expense of the lower and middle class. Do you not understand that raising taxes on corporations is going to hurt the middle and lower classes the most?

    As much of a utopian belief that corporations will just eat this tax they won't. They will simply pass it along. Where they can't, they will come up with new ways to cut costs. (employee's)

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Catawba View Post
    Fortunately, the 99% are belatedly catching on and speaking out! I have not seen this kind of awareness since the Vietnam war protests which brought about an end to the war.
    OWS's problem is that unlike the 60s where the anti war protest had a clear message, and were unified in what they wanted, today the 'demands' of OWS range all the way from making a broad based point that might actually have traction if they were going about it in the proper way, to anarchy, mayhem, and crime that makes them look like foolish spoiled children.

    j-mac
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    Alexis de Tocqueville

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    So....I'm still waiting for one of these philanthropist billionaires to put their money where their mouth is.

    I mean, is there some sort of law that states that though shalt not give more than required, in terms of federal or state income taxes? Short of there being a law, with prison time attached, preventing one from wanting to give more of their earnings than is legally required...


    I am still having a hard time trying to understand what these people don't just do that.


    Catawba, opinions? Care to weight in on why someone wouldn't just take the initiative?
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by j-mac View Post
    OWS's problem is that unlike the 60s where the anti war protest had a clear message, and were unified in what they wanted, today the 'demands' of OWS range all the way from making a broad based point that might actually have traction if they were going about it in the proper way, to anarchy, mayhem, and crime that makes them look like foolish spoiled children.

    j-mac
    They have a clear message - economic justice! With any large national movement you will have a few stragglers looking to cause trouble.
    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: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by KevinKohler View Post
    So....I'm still waiting for one of these philanthropist billionaires to put their money where their mouth is.

    I mean, is there some sort of law that states that though shalt not give more than required, in terms of federal or state income taxes? Short of there being a law, with prison time attached, preventing one from wanting to give more of their earnings than is legally required...


    I am still having a hard time trying to understand what these people don't just do that.


    Catawba, opinions? Care to weight in on why someone wouldn't just take the initiative?

    Here's a hint: do the math on the difference between 25 millionaires volunteering to pay $5,000 more in taxes, and 3 million millionaires paying $5,000 more in taxes.

    Which would result in the most revenue, and be the most fair to all millionaires?

    You should be able to figure it out from there.

    Glad I could help!
    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: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    The balance of wealth in American and around the world is lopsided. There is no denying that. If you don't like the way billionaires are using their money stop bitching about it and do something about it. For starters stop giving them your money. Rather than bitching at the government about jobs, do something about it. Yelling and crying isn't going to change anything. Our economy is failing because the vast majority of Americans would rather buy products made in some sweat shop in Asia rather than products made here in America because the Chinese products are cheaper and their greedy asses are more concerned with getting a deal than the economy of this country. Except when it comes to them of course. The jobs are leaving in this country because no one supports our economy. Instead they cry and whine their being no jobs while waiting in line to send more of our money to China, Mexico and Indonesia. When a companies competitor ships manufacturing to China and cuts costs then every other company there too has to follow suit in order to stay in business. I went down to a anti wall street gathering in Denver last week. Half the people there were sporting Nike, drinking Starbucks, carrying goods in Wal-Mart bags and complaining about big businesses.

    I am ranting a bit. Sorry. My point is if Americans want jobs back in America then we need to be supporting our own economies rather than rewarding companies who utilize slave labor to keep costs down. The government cannot change that it is not profitable to keep employees here. Americans can. People need to stop looking for someone else to blame and have a little bit of accountability. Its the American public who is to blame for the economy. Not businesses, billionaires, or the government.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by apdst View Post
    For the gazillionth time: The government can't create jobs.
    FactCheck.org : Clinton and Economic Growth in the ’90s

    Clinton’s major contribution was pushing through the 1993 budget bill, which began to reduce what had become a chronic string of federal deficits. Republicans denounced it as the "largest tax increase in history," though in fact it was not a record and also contained some cuts in projected spending. Republican Rep. Newt Gingrich predicted: "The tax increase will kill jobs and lead to a recession, and the recession will force people off of work and onto unemployment and will actually increase the deficit." But just the opposite happened. Fears of inflation waned and interest rates fell, making money cheaper to borrow for homes, cars and investment. What had been a slow economic recovery turned into a roaring boom, bringing in so much unanticipated tax revenue from rising incomes and stock-market gains that the government actually was running record surpluses by the time Clinton left office.

    Do you need more or are you ready to admit, finally admit that raising taxes creates jobs

    FactCheck.org : The Budget and Deficit Under Clinton

    Try to get it right for the gazillionth time raising taxes creates jobs and reduces the deficit

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Catawba View Post
    Here's a hint: do the math on the difference between 25 millionaires volunteering to pay $5,000 more in taxes, and 3 million millionaires paying $5,000 more in taxes.
    Please provide a source for the '3 million millionaires'. Or are those making above +/-$345k annually considered 'millionaires'?

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