Page 171 of 192 FirstFirst ... 71121161169170171172173181 ... LastLast
Results 1,701 to 1,710 of 1914

Thread: Romney reveals he pays about 15% in taxes(edited)

  1. #1701
    Sage
    teamosil's Avatar
    Join Date
    Oct 2009
    Location
    San Francisco
    Last Seen
    05-22-14 @ 12:47 AM
    Gender
    Lean
    Liberal
    Posts
    6,623

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by OpportunityCost View Post
    I was referring to dividends tax rates. Go back and read the post in its entirety.
    Oh ok. I'm still not sure how you think that would address Buffett's concern though. Dividends are a relatively small part of a super rich investor's income. For example, in Romney's case dividends accounted for about 10% of his income. It's regular capital gains- trading stocks mostly- that are the big ticket item.

    Also, retirees have tons of tax protection already. 401ks, IRAs, etc.

  2. #1702
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 05:28 PM
    Gender
    Lean
    Independent
    Posts
    54,721

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by teamosil View Post
    What are you talking about? I never said they were fiscally responsible. They aren't. I want the government to be more fiscally responsible. That means higher taxes and lower spending. You're arguing that we should NOT become more fiscally responsible, we should just keep borrowing to cover our shortfall. We can't do that. We need to pay for what we spend.
    By all means...show me were I have EVER indicated that. I have ALWAYS said...gut the fed...return social spending where it belongs...local and state. Military cuts. massive federal government cuts. AND raise taxes on EVERYONE to pay down the debt. You are either selectively blind or a liar. I have never taken any other position. What I HAVE consistently opposed is the idiotic blame the rich ramblings. Taxing the rich isnt going to make people that have failed in their own little lives suddenly find success. The rich WILL need to bear a larger share of the burden, but then, EVERYONE should. When 47% of the country pay nothing in federal taxes and still drain the nations resources, it takes some real delusion and a far amount of shutzpah to blame everyone ELSE for being the root of all evil.

  3. #1703
    Sage
    teamosil's Avatar
    Join Date
    Oct 2009
    Location
    San Francisco
    Last Seen
    05-22-14 @ 12:47 AM
    Gender
    Lean
    Liberal
    Posts
    6,623

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by VanceMack View Post
    Military cuts. massive federal government cuts. AND raise taxes
    So if you agree with what I am proposing and support the proposals introduced by the Democrats over and over during the past 6 months, what are we arguing about?

  4. #1704
    Banned
    Join Date
    Oct 2011
    Location
    Penn's Woods
    Last Seen
    09-01-12 @ 09:09 PM
    Lean
    Independent
    Posts
    2,984

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by TurtleDude View Post
    using that logic you can easily justify taking everything from anyone who makes more than 100K a year and giving it to those who don't

    Hell you can justify confiscating all the property of the top 10% and killing them and distributing the stolen wealth to the other 90%
    Yes, Turtle, that is called democracy. The majority makes the rules.

  5. #1705
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Today @ 02:46 PM
    Gender
    Lean
    Centrist
    Posts
    29,092

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by Centinel View Post
    Yes, Turtle, that is called democracy. The majority makes the rules.
    waits for Turtle to state that the US is a Republic not a Democracy...

    Plus the majority does not make the rules in the US... the side with most money and power makes the rules.. usually the business sector.
    PeteEU

  6. #1706
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 07:26 PM
    Lean
    Undisclosed
    Posts
    90,074

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by TurtleDude View Post
    that assumes that it would have no other effect

    why not jack up taxes on the rich until they have no more disposable income than the average voter?

    you just don't seem to understand that as long as most people think its the duty of others to pay down the deficit most people will demand more government
    That is absurd and nobody is suggesting that. Absurdity is not debate.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  7. #1707
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 07:26 PM
    Lean
    Undisclosed
    Posts
    90,074

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by TurtleDude View Post
    great

    start by eliminating unconstitutional programs. The Department of Education is a good place to really start some serious pruning. The IRS could use some major reductions, same with the ATF, and if we got rid of the moronic war on drugs we could save billions in incarceration and court costs. The federal government does not need to own near as much land as it does now
    While we would probably disagree on which programs to target, I and other progressives here have endorsed cutting hundreds of billions of dollars from the spending on behalf of the federal government.

    As to the Department of Education, I am a firm believer that the best place to spend dollars for education is in the classroom. Since the Dept of Ed actually no children, that would be a place to make reasonable cuts. So we agree on something there.

    What we need is a two pronged approach where both sides of the ledger are dealt with.
    Last edited by haymarket; 01-28-12 at 08:19 AM.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  8. #1708
    Banned
    Join Date
    Dec 2011
    Location
    Prague, Czech Rep.
    Last Seen
    10-10-12 @ 02:44 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    1,880

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by Centinel View Post
    Yes, Turtle, that is called democracy. The majority makes the rules.
    True, it is. However, democracy can only be successful with an educated electorate but since any citizen over 18 can vote, the dumbing down of its electorate comes into play. Opportunist and populists can appeal to a wide swath of the ignorant with simple and thus appealing slogans and labels like the 99%. Ultimately, the cost of such movements will be borne by society as a whole. Anyone who thinks that the less successful will profit in the long run from this kind of populism is at the very least seriously short-sighted.

    Fortunately, even those espousing income redistribution are cognizant of this fact and are most likely manipulating the ignorant to hold on to power. They are far too concerned with their legacy to actually put their rhetoric to practice. Not even Obama is actually that stupid. My only real concern is that they will lose control over a movement they cynically conceived and fostered.

  9. #1709
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 07:26 PM
    Lean
    Undisclosed
    Posts
    90,074

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by Meathead View Post
    True, it is. However, democracy can only be successful with an educated electorate but since any citizen over 18 can vote, the dumbing down of its electorate comes into play. Opportunist and populists can appeal to a wide swath of the ignorant with simple and thus appealing slogans and labels like the 99%. Ultimately, the cost of such movements will be borne by society as a whole. Anyone who thinks that the less successful will profit in the long run from this kind of populism is at the very least seriously short-sighted.

    Fortunately, even those espousing income redistribution are cognizant of this fact and are most likely manipulating the ignorant to hold on to power. They are far too concerned with their legacy to actually put their rhetoric to practice. Not even Obama is actually that stupid. My only real concern is that they will lose control over a movement they cynically conceived and fostered.
    So your concerns about an educated electorate would then translate into significant increases for public education so that can be accomplished?
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  10. #1710
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Today @ 02:46 PM
    Gender
    Lean
    Centrist
    Posts
    29,092

    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by haymarket View Post
    While we would probably disagree on which programs to target, I and other progressives here have endorsed cutting hundreds of billions of dollars from the spending on behalf of the federal government.

    As to the Department of Education, I am a firm believer that the best place to spend dollars for education is in the classroom. Since the Dept of Ed actually no children, that would be a place to make reasonable cuts. So we agree on something there.

    What we need is a two pronged approach where both sides of the ledger are dealt with.
    I have a question about this policy of cutting the Department of Education.

    Who would insure that schools and states provide education to all and not discriminate based on race and religion?
    Who would insure that schools and states provide actual education and not religious based fantasy learning?
    Who would make the education standards?
    Who would insure some sort of minimum standard of education that all have to live up too?
    By education standards I mean uniform tests, minimum reading standards, and so on.

    You can not have a country where the quality of education is based on where you were born. While I know that this happens regardless, I am the firm believer that it is the role of a government entity to make sure that this factor is as minimal as possible. Right now in most countries, you have schooling systems based on set of rules that applies to all school districts. Sure some are bad, some are good. Some are rich, some are poor, but the basic principles are the same. Now by not having the central control system of an Education department, you risk having local governments dictating wildly different priorities and that would skew education in a country and society it self.

    For example, you could have one local government that is very religious make all schools small religious schools basing all their teachings on religious text. When these children leave the area, they would be seriously handicapped in the real world. We have seen this with some graduates from religious based universities in the US.

    Or a local government that has certain political views, that teaches the children these views by indoctrination. Like all lefties are bad or homos are bad and such things.

    Now I am not saying the current Department of Education in the US is good or bad, or worth its costs, but I am saying that something to make sure that there is a minimum education standard in the US is needed and no I do not trust the States themselves to do a good job... after all it was the states that fought against segregation and slavery...
    Last edited by PeteEU; 01-28-12 at 08:53 AM.
    PeteEU

Posting Permissions

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