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

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

    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!!!

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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!!!
    Most of these people will not likely pay more taxes with the taxes being proposed. Their money come from Capital gains but we have had this arguement over and over but we will likely beat it to death again.

    Buffett did say that he should be taxed more and to do that you have to go after Capital Gains. When Obama proposed new taxes Buffett stated that what he was doing was not what he was proposing.

    Without specifics this discussion goes nowhere.

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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!!!
    More taxes have never created jobs.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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

    It is hysterical to read about billionaires saying they should be taxed more. They say this after making billions, not before. Hypocrites, every one of them.
    I love the smell of burning moonbat in the morning.

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

    Still haven't heard a good answer to why they just don't write a bigger check. They also have the option of taking the money they want forced from their wallets and instead just using it as capital for high labor endeavors. They could just overpay everyone since they don't care about that money and don't require a profit.

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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
    More taxes have never created jobs.
    WRONG! Go back and review Reagan's tax policies.

    Using the military industrical complex - public/private partnerships (mostly private companies getting state/federal defense contracts) AND raising the payroll tax on the middle-class - the federal government WAS able to create jobs. Now, he was wrong about the multiplier affect with trickle-down (or rather supply-side) economics believing that the overall economy as far as "spreading the wealth from the top down" would move more of the poor and the middle-class up the economic ladder and increase federal revenue. He was wrong because he gave tons of tax breaks to large corporations while taxing the poor and the middle class while also keeping wages low. As such, those at the bottom could not move upward. But, he did lay a decent foundation for job creation in this country. We just came to learn that most of the cost for these federal contracts and tax benefits were paid for on borrowed money. As such, Reagan's economic policies, when not adjusted for inflation, did increase the national debt and deficit by $3 trillion dollars under his watch.

    I'm not arguing that he had the wrong idea; Reagan simply put in place best practises as used by those who came before him - Lincoln, FDR, JFK. They all used innovation through military build-up/federal initiatives to create jobs.

    Lincoln - the Inter-Continnetal Railroad, the telegraph, the loom to create fabric from cotton and a host of other inventions.

    FDR - the war initiative, i.e., ship building, tanks, airplanes, iron works, public works projects

    JFK - NASA and the space race!

    Reagan - strength through military might = defense contracts

    Understand what they did and how they did it. But to believe that the government can't create jobs or that higher taxes discredit job growth is just crazy! I just illustrated four Presidents who used the federal government to do just that!
    Last edited by Objective Voice; 10-29-11 at 12:33 PM.

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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!!!
    Inspiring. He certainly is a good salesman.
    “In politics, stupidity is not a handicap.” -Napoleon

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

    Quote Originally Posted by conservativeguy View Post
    It is hysterical to read about billionaires saying they should be taxed more. They say this after making billions, not before. Hypocrites, every one of them.
    They say it because as BILLIONAIRES they know they'll never truly lose money. They have so much that even if you increase their taxes by 10% they'll still have more than enough money in profits to pay for it. Besides, they'll just find other business ventures to invest in to make still more money. If you listened to those billionaires in the interviews, you should have heard them say they want to reinvest their earnings right here in AMERICA on AMERICAN businesses that create products right here IN AMERICA! You and I both know that manufacturing has gone down in this country for years. As such, these wealthy individuals have little choice but to invest their money overseas. Doesn't it then make sense that if you want them to bring that money AND those jobs back here in the U.S., you have to create manufacturing jobs here IN AMERICA?

    As one of the supporters of the Occupy movement, I WANT the 1% to increase to %5...10%...20%....25%...50%. I want more Americans to become part of the wealth class. I do envy them, but in a good way. I think most of us would be lying if we said we didn't want their oppulance. My only beef is with those who act like those investment bankers in the book, "Too Big to Fail" who fought among themselves not about what was the right thing to do to preserve the properity of the nation, but rather they fought among themselves to retain or GAIN a larger piece of the economic pie and cared less about the fate of the nation. That's what I have a problem with. That's what the Occupy movement is trying to convey to all of America.

    Let's reverse this argument just for a second, however, and direct it at the poor. I don't blame all poor people for their economic situation. I know some who are poor not by their own choosing or their own doing. Some got into unforeseen accidents and have medical bills they can't afford. Some lost their jobs through no fault of their own. Some went from a two-income household to one primary bread winner; in some cases it was due to one spouse losing his/her job, in others, one wage earned left (divorce). These people I have no problem whatsoever lending a helping hand to. But those who take advantage of the entitlement system and are, in fact, lazy and don't want to work but instead purposely rely on WIC, TANF, Medicaid/SSDI - those people I do have a problem with. But make no mistake, there IS a difference between the two bottom extremes just as there is a difference between the two top extremes. Moreover, to think that laziness and addictive behavior only happens with certain demographics, i.e., Blacks, Hispanics or other minority groups alone, is just wrong! It happens with people across ALL racial divides.

    Once people start viewing things not from one extreme or the other, but seek a more middle-ground point of view, then and only then I believe will this nation beging to really change.

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

    Quote Originally Posted by evanescence View Post
    Inspiring. He certainly is a good salesman.
    If you think his story was inspiring, you should listen to the billionaire female in the story.

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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
    WRONG! Go back and review Reagan's tax policies.

    Using the military industrical complex - public/private partnerships (mostly private companies getting state/federal defense contracts) AND raising the payroll tax on the middle-class - the federal government WAS able to create jobs. Now, he was wrong about the multiplier affect with trickle-down (or rather supply-side) economics believing that the overall economy as far as "spreading the wealth from the top down" would move more of the poor and the middle-class up the economic ladder and increase federal revenue. He was wrong because he gave tons of tax breaks to large corporations while taxing the poor and the middle class while also keeping wages low. As such, those at the bottom could not move upward. But, he did lay a decent foundation for job creation in this country. We just came to learn that most of the cost for these federal contracts and tax benefits were paid for on borrowed money. As such, Reagan's economic policies, when not adjusted for inflation, did increase the national debt and deficit by $3 trillion dollars under his watch.

    I'm not arguing that he had the wrong idea; Reagan simply put in place best practises as used by those who came before him - Lincoln, FDR, JFK. They all used innovation through military build-up/federal initiatives to create jobs.

    Lincoln - the Inter-Continnetal Railroad, the telegraph, the loom to create fabric from cotton and a host of other inventions.

    FDR - the war initiative, i.e., ship building, tanks, airplanes, iron works, public works projects

    JFK - NASA and the space race!

    Reagan - strength through military might = defense contracts

    Understand what they did and how they did it. But to believe that the government can't create jobs or that higher taxes discredit job growth is just crazy! I just illustrated four Presidents who used the federal government to do just that!
    For the gazillionth time: The government can't create jobs.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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