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Thread: Senate fails to advance Buffett rule

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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    15% is sad and rediculous. Especially considering the number of tax breaks, and deductions and other loopholes the rich exploit so they aren't even going to be paying the 30% of their actual income.


    get rid of all breaks, all "loopholes", all deductions, everyone pays 15%.....on all income earned....
    Let evil swiftly befall those who have wrongly condemned us

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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by ReverendHellh0und View Post
    get rid of all breaks, all "loopholes", all deductions, everyone pays 15%.....on all income earned....
    I am all for leveling the playing field so that every one pays the same amount. No loopholes or deductions. But I dont think 15% is sufficient.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by ReverendHellh0und View Post
    get rid of all breaks, all "loopholes", all deductions, everyone pays 15%.....on all income earned....
    Again, your solution is to basically raise the tax on the poor and middle class who can't afford it while giving a huge tax break for the rich. Classic.

    Fairness for the rich.

  4. #114
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    I agree with you in part. The buffet rule is not going to change much so long as there are so many loopholes to be exploited. The Buffet rule would be a start but we need to start holding people to paying 30% of their total earning, not 30% of their adjusted income (like the buffet rule is doing). There is a huge difference there. The buffet rule as it might generate 40 billion, which is great, but how much would it make if you got people to pay 30% of the TOTAL income. The payoff would probably be 10x that amount.
    Which is literally to embrace the socialist stupidity. If you are advocating a flat tax for all, then that has merit. However, you are embracing nothing but class envy, where we reduce everyone's taxes via the Bush tax Cuts ($250 B per year from the middle class), but then raise them back up on the most successful. What a plan eh ? Let's just line up folks in groups of ten, lower everyone's taxes, then raise them back up for that guy on the end. Cause its "fair" ? Then we'll do it again ! Whoooot !

    Secondly, investments can walk. And they will, when you decide to pursue this class warfare crap. If you want to embrace revisions to the tax code, look to the Fair Tax. Or such as Simpson-Bowles, which lowered tax rates, but made other changes so as to increase general revenue.
    They follow true solutions, not some class-warfare script.

    To embrace such as the Buffet Rule is to be short-sighted and small-minded. aka: Liberal.

  5. #115
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by TheNextEra View Post
    Again, your solution is to basically raise the tax on the poor and middle class who can't afford it while giving a huge tax break for the rich. Classic.

    Fairness for the rich.
    Would you be willing to pay 30% of your total earnings if it meant ALL of the rich would be paying 30% of theirs? And not just the rich, corporations and such as well. I would be more than happy to.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
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  6. #116
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by TheNextEra View Post
    Or they close the LTCG handout and raise it to 30% and then whiners like yourself can deal with it since even YOU admitted it won't affect you in the slightest.
    It won't. check out the tavern pic thread, since you seem so interested in the Good Reverend's opulence.... you are the guy whining about the evil rich....I'm just saying you could tax me at 50% and you won't see a damn change in your dependent class life.




    LOL $40 Billion adds nothing according to you. You can't make this **** up folks and it's people like the rev that complain about class warfare when $40 Billion means nothing to them.

    3.8 trillion dolla budget.....

    2013 United States federal budget - Wikipedia, the free encyclopedia


    15.4 trillion in debt.

    U.S. expected to hit debt ceiling before 2013, Geithner says - The Washington Post


    $40 billion over ten years is like pissing in the ocean.


    the fatted sow will have no more milk for the dependent class to suckle....
    Let evil swiftly befall those who have wrongly condemned us

  7. #117
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    Would you be willing to pay 30% of your total earnings if it meant ALL of the rich would be paying 30% of theirs? And not just the rich, corporations and such as well. I would be more than happy to.


    So, S corp owners should be taxed at 60% total? way to kill business...
    Let evil swiftly befall those who have wrongly condemned us

  8. #118
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Eighty Deuce View Post
    Which is literally to embrace the socialist stupidity. If you are advocating a flat tax for all, then that has merit. However, you are embracing nothing but class envy, where we reduce everyone's taxes via the Bush tax Cuts ($250 B per year from the middle class), but then raise them back up on the most successful. What a plan eh ? Let's just line up folks in groups of ten, lower everyone's taxes, then raise them back up for that guy on the end. Cause its "fair" ? Then we'll do it again ! Whoooot !

    Secondly, investments can walk. And they will, when you decide to pursue this class warfare crap. If you want to embrace revisions to the tax code, look to the Fair Tax. Or such as Simpson-Bowles, which lowered tax rates, but made other changes so as to increase general revenue.
    They follow true solutions, not some class-warfare script.

    To embrace such as the Buffet Rule is to be short-sighted and small-minded. aka: Liberal.
    Couple things here. First off, attacking liberals has little to no effect on me because I am not a liberal. It only goes to show how much you have been brainwashed by your own party to the point that you aren't able to think for yourself.

    Secondly, I have repeatedly in this thread, and other stated that I think every in this country should be paying the exact same rate on their total earning. No deductions. Loop holes or anything else. And I believe that rate should be 25-30%.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by TheNextEra View Post
    Again, your solution is to basically raise the tax on the poor and middle class who can't afford it while giving a huge tax break for the rich. Classic.

    Fairness for the rich.


    15% for all, seems fair. I will still pay more than you.....
    Let evil swiftly befall those who have wrongly condemned us

  10. #120
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by ReverendHellh0und View Post
    So, S corp owners should be taxed at 60% total? way to kill business...
    S corporations pay taxes via the individual not the business. If the individuals are marking the profit then the business clearly isnt. Dont try to twist up anything I am saying. Either address the post or don't. But dont make things up.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


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