Page 3 of 63 FirstFirst 123451353 ... LastLast
Results 21 to 30 of 629

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

  1. #21
    Uncanny
    Paschendale's Avatar
    Join Date
    Nov 2010
    Location
    New York City
    Last Seen
    03-31-16 @ 04:08 PM
    Gender
    Lean
    Socialist
    Posts
    12,510

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

    Quote Originally Posted by apdst View Post
    Billionares are free to pay as much in taxes as they wish. There's no law saying that can't increase their own tax bill.
    No, there's just a law saying that the IRS has to take exactly what you owe, no more and no less. So no, no one is actually able to increase their taxes at will.
    Liberté. Égalité. Fraternité.

  2. #22
    Sage

    Join Date
    Aug 2011
    Location
    Texas, Vegas, Colombia
    Last Seen
    11-28-16 @ 06:38 PM
    Gender
    Lean
    Other
    Posts
    20,295

    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!!!
    video no worky for me....says "clip not found"

    as to the "tax me because people need work"..well, it's largely a line of bull.
    how about instead of taxing you in order for the government to say they will create jobs... just go ahead and create jobs on your own without the inefficient middleman.

  3. #23
    Sage

    Join Date
    Apr 2008
    Location
    Huntsville, AL (USA)
    Last Seen
    Yesterday @ 10:48 PM
    Gender
    Lean
    Moderate
    Posts
    9,772

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

    Quote Originally Posted by apdst View Post
    It's very relevant. If all these billionaires, that belief they don't pay enough taxes, would voluntarily pay more taxes, perhaps we could just leave the tax rates the way they are. If it's actually about revenue vice wealth redistribution, that is.
    The problem with your way of thinking is you believe that every wealthy individual believes as you do, that they'll all write that tax check. Not all will and even if they do, some will be more or less generous than the next. Of course, it is their choice, but we do live in a capitalist society. As such, if one can get away with paying little in taxes - whether rich or poor - they'll do what they can to avoid doing so. But here's the rub where the influence of the wealthy comes into play: LOBBYIST!

    When they are portrayed (or exposed) to helping to shape tax policy to such a degree where only those at the top see the biggest tax gains so much so that so much wealth is concentrated at the top, income accumulation becomes too lopsided. That's where we are today in our economic/free market/capitalistic system. What these billionaires are saying is "make money not for the sake of making money, but because you're doing things you're passionate about. Share your success with others; mentor. But above all do give back to those who helped you get to where you are. And if you truly believe in America, then do what you must do to keep America strong and that includes creating jobs right here at home." These people get it! They recognize that there is an income disparity in this country, but they also recognize that there can be something in it for them if they advocate a more balanced approach to our nation's drive for more economic prosperity for all who seek it.

  4. #24
    Sage

    Join Date
    Apr 2008
    Location
    Huntsville, AL (USA)
    Last Seen
    Yesterday @ 10:48 PM
    Gender
    Lean
    Moderate
    Posts
    9,772

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

    Quote Originally Posted by Thrilla View Post
    video no worky for me....says "clip not found"

    as to the "tax me because people need work"..well, it's largely a line of bull.
    how about instead of taxing you in order for the government to say they will create jobs... just go ahead and create jobs on your own without the inefficient middleman.
    Try doing a search for "ABC 20/20 billionaires" and I'm sure you'll find the clips. Or click on the videos that should appear in the video links on the page.

    Now, I agree that these wealthy individuals could just go out and become venture capitalist or write a check to pay more taxes, but in recent years that's not exactly how it works in this country anymore. Perhaps these wealthy individuals should go back to doing just that. I argued with the auto bailouts came about that had wealthy individuals gotten together to save Saturn - the only GM auto manufacturer that was making the types of cars people wanted to buy - maybe that company could have been saved. We're starting to see these types of ventures popping up, but we need more entrepreneures out there to be willing to take these such risks. Trade policy as well as changes in the new patent laws will help provide those investment venues the country needs.

  5. #25
    Sage

    Join Date
    Aug 2011
    Location
    Texas, Vegas, Colombia
    Last Seen
    11-28-16 @ 06:38 PM
    Gender
    Lean
    Other
    Posts
    20,295

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

    Quote Originally Posted by Paschendale View Post
    No, there's just a law saying that the IRS has to take exactly what you owe, no more and no less. So no, no one is actually able to increase their taxes at will.
    Gifts to the United States Government

    How do I make a contribution to the U.S. government?

    Citizens who wish to make a general donation to the U.S. government may send contributions to a specific account called "Gifts to the United States." This account was established in 1843 to accept gifts, such as bequests, from individuals wishing to express their patriotism to the United States. Money deposited into this account is for general use by the federal government and can be available for budget needs. These contributions are considered an unconditional gift to the government. Financial gifts can be made by check or money order payable to the United States Treasury and mailed to the address below.

    Gifts to the United States
    U.S. Department of the Treasury
    Credit Accounting Branch
    3700 East-West Highway, Room 622D
    Hyattsville, MD 20782
    Gifts to the United States Government: Questions and Answers: Financial Management Service

    the fact of the matter , billionaires say they want to be taxed higher because it forces other billionaires to be taxed higher.... not because they actually want to pay more themselves.

    they can give every red cent they have to the US government right now, if they want to.... but they can't force others to do the same unless they get the tax code changed.


    personally, i'll never know what it's like ot be a billionaire.... not that i'll never have the capacity or ability to be a billionaire, but i won't let myself become one... i'm perfectly happy with the term "millionaire"... I keep "enough" for me and mine ... the rest is given away.
    I would never be a warren buffet.... a multi billionaire who still takes a salary and keeps hoarding wealth is a person I don't ever want to become... those folks sicken me.

  6. #26
    Sage

    Join Date
    Apr 2008
    Location
    Huntsville, AL (USA)
    Last Seen
    Yesterday @ 10:48 PM
    Gender
    Lean
    Moderate
    Posts
    9,772

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

    Quote Originally Posted by 1Perry View Post
    They can not create self sustainable jobs. O.K., maybe they can create a forest ranger who is paid with camping fee's but I shouldn't have to pay to stay somewhere I already own.

    They can in the large picture only create jobs that are paid by forcibly taking from others.
    Granted, but here's the rub...NOBODY on your side of the political divide seemed to have a problem with this when Lincoln, FDR, JFK or Reagan did it then. Why should they have such a heartburn when Obama tries to do it now? Is it just because his policies are, in fact, wrong or is it because instead of taking from the poor to give advantages to the rich he is instead asking the rich to provide more so that the poor can stop being so poor?

    Look at the President's jobs plan again...it closes tax loopholes both sides agree with and gives NOTHING to entitlement programs. Every tax increase goes towards creating jobs! Now, go back and watch the segment of the video of the billionaire who married the former Playboy model and listen to what he said, "[paraphrase] I don't have a problem with paying more taxes as long as my money doesn't get wasted." Where's the waste in leveraging 'other people's money' to help create jobs in this country? What you call a "hand-out", most entreprenuers would just consider "diversification" or making a sound investment. Thus, I can certainly understand their push for tax credits for "investing in job growth" by "lending" the government their money. But once that investment has been paid back, it's time to halt that tax break. Retaining such indifinately, i.e., subsidies for big oil, doesn't do the overall economy much good.
    Last edited by Objective Voice; 10-29-11 at 01:52 PM.

  7. #27
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

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

    Quote Originally Posted by Objective Voice View Post
    Granted, but here's the rub...NOBODY on your side of the political divide seemed to have a problem with this when Lincoln, FDR, JFK or Reagan did it then.
    Just a heads up. I refuse to speak for everyone. If you want to know what I believe I'm more than happy to speak on that.

    Why should they have such a heartburn when Obama tries to do it now? Is it just because his policies are, in fact, wrong or is it because instead of taking from the poor to give advantages to the rich he is instead asking the rich to provide more so that the poor can stop being so poor?
    The government is going to pay some people to do work. The military for one. Only the very, very, fringe believe that the military should end. Despite the claims by some, nobody wants do completely away with public educators. I'm fine with paying the wages of those who answer my questions at the Smithsonian Institute and gaurd the president.

    The point is, addressing high unemployment with more government employee's is not the answer.

    Look at the President's jobs plan again...it closes tax loopholes both sides agree with and gives NOTHING to entitlement programs. Every tax increase goes towards creating jobs! Now, go back and watch the segment of the video of the billionaire who married the former Playboy model and listen to what he said, "[paraphrase] I don't have a problem with paying more taxes as long as my money doesn't get wasted." Where's the waste in leveraging 'other people's money' to help create jobs in this country? What you call a "hand-out", most entreprenuers would just consider "diversification" or making a sound investment. Thus, I can certainly understand their push for tax credits for "investing in job growth" by "lending" the government their money. But once that investment has been paid back, it's time to halt that tax break. Retaining such indifinately, i.e., subsidies for big oil, doesn't do the overall economy much good.
    Obama's jobs plan spends, spends, spends......other people's money that could be used to boost sustainable jobs.

  8. #28
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Today @ 02:46 PM
    Gender
    Lean
    Centrist
    Posts
    29,092

    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.
    /wave Boeing and the military industrial complex for not being "real jobs"....
    PeteEU

  9. #29
    Sage

    Join Date
    Apr 2008
    Location
    Huntsville, AL (USA)
    Last Seen
    Yesterday @ 10:48 PM
    Gender
    Lean
    Moderate
    Posts
    9,772

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

    Quote Originally Posted by 1Perry View Post
    Just a heads up. I refuse to speak for everyone. If you want to know what I believe I'm more than happy to speak on that.
    I apologize if you feel I've lumped you in with others rhetorically. That wasn't my intent. I was speaking to the broader "you" on the Right.

    The government is going to pay some people to do work....

    The point is, addressing high unemployment with more government employee's is not the answer.
    That's not what the President's jobs plan calls for. Except for teachers in the public education system, police and firefighters - jobs that can be classified as "public employees" at local or state levels of government - the other jobs outlined in the President's jobs plan would all be created in the private sector which would also include teachers in privately funded schools. These jobs don't have to be sustainable; they just have to bridge the gap until the country is able to get back on its feet. Infrastructure jobs, for example, can remain public works projects for the next 2-3 years. By then, we could see an up-tick in our country's economic sustainability. But people have to stop thinking in such short-term measures and try to see both the short and long-term gains.

  10. #30
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

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

    Quote Originally Posted by Objective Voice View Post
    I apologize if you feel I've lumped you in with others rhetorically. That wasn't my intent. I was speaking to the broader "you" on the Right.
    Sorry, I now realize my post may have come off rougher than meant.

    That's not what the President's jobs plan calls for. Except for teachers in the public education system, police and firefighters - jobs that can be classified as "public employees" at local or state levels of government - the other jobs outlined in the President's jobs plan would all be created in the private sector which would also include teachers in privately funded schools. These jobs don't have to be sustainable; they just have to bridge the gap until the country is able to get back on its feet. Infrastructure jobs, for example, can remain public works projects for the next 2-3 years. By then, we could see an up-tick in our country's economic sustainability. But people have to stop thinking in such short-term measures and try to see both the short and long-term gains.
    Sorry, I do not believe you address a real problem (debt) by adding even more debt. Your arguement is the same one used 2-3 years ago. I understand your arguement, I just completely disagree with it. If the government takes more money and spends more money the public is going to spend less and less. Yes, there will be some jobs filled but they will be offset by less public spending. We don't address our debt and stagnate like we are currently doing. Obama's plan is simply more of the same.

Page 3 of 63 FirstFirst 123451353 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •