Page 19 of 36 FirstFirst ... 9171819202129 ... LastLast
Results 181 to 190 of 358

Thread: Senate fails to advance Buffett rule

  1. #181
    Sage
    Kreton's Avatar
    Join Date
    Apr 2011
    Location
    Colorado Springs
    Last Seen
    11-13-17 @ 08:01 PM
    Gender
    Lean
    Other
    Posts
    6,118

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Gimmesometruth View Post
    Totally false, a lowering of taxes on the top with an increase on low wage earners will increase the wealth gap.

    You have nothing to base your claim on.
    Very few people in this country actually pay 30% in taxes on their total income. What I want to see happen would have almost everyone paying more. You, and some others, think a flat tax would be lowering it for the wealthy. That is completely insane. Aside from people who pay nothing in taxes, the wealthy pay the lowest rates on their total income. Many of them dont even pay 30% on their adjusted income.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  2. #182
    Sage
    Gimmesometruth's Avatar
    Join Date
    Feb 2012
    Location
    US Southwest
    Last Seen
    09-13-17 @ 10:22 AM
    Gender
    Lean
    Liberal
    Posts
    22,405

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Billy the Kid View Post
    Don't think I posted anything other than - "The Libby/Demos of today are not Kennedy Democrats". So I don't know where you have me talking about "tax ideas of today's Dem and Kennedy Dems".


    You must have been reading someone else's posts.
    Oh, you have once again a failure of your memory and a context failure.

    You were commenting on the tax rates of Kennedy, trying to make it a supply-side argument, I showed you that his tax policies were demand side actions. You thought you could make the dems of today look like they are in opposition to Kennedy...but they are not.

    You are not reading your own posts....or you don't remember what you were posting about...either way, it is your error compounded.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  3. #183
    Sage
    Kreton's Avatar
    Join Date
    Apr 2011
    Location
    Colorado Springs
    Last Seen
    11-13-17 @ 08:01 PM
    Gender
    Lean
    Other
    Posts
    6,118

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Gimmesometruth View Post
    It is your claim that it would not, you back yours.

    Ever since the decline in top marginal rates in the US after WWII, we have seen a steady rise in wealth inequality.

    http://www.nytimes.com/2012/04/17/bu...t-a-start.html
    This has nothing to with what I am saying
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  4. #184
    Sage

    Join Date
    Dec 2011
    Location
    Florida
    Last Seen
    Today @ 04:41 AM
    Gender
    Lean
    Liberal
    Posts
    23,354

    Re: Senate fails to advance Buffett rule

    A flat national sales tax would tax 80 to 100% of middle class income because they spend 80 to 100% of what they make.
    it is the opposite of what we need to have a healthy economy. Without a healthy growing economy revenues will decrease and the debt will increase no matter what we do.

  5. #185
    Sage

    Join Date
    Dec 2011
    Location
    Florida
    Last Seen
    Today @ 04:41 AM
    Gender
    Lean
    Liberal
    Posts
    23,354

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    This has nothing to with what I am saying
    It has EVERTHING to do with having a healthy economy which you don't seem to understand is THE most important thing.

  6. #186
    Sage
    Gimmesometruth's Avatar
    Join Date
    Feb 2012
    Location
    US Southwest
    Last Seen
    09-13-17 @ 10:22 AM
    Gender
    Lean
    Liberal
    Posts
    22,405

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    Very few people in this country actually pay 30% in taxes on their total income. What I want to see happen would have almost everyone paying more. You, and some others, think a flat tax would be lowering it for the wealthy. That is completely insane. Aside from people who pay nothing in taxes, the wealthy pay the lowest rates on their total income. Many of them dont even pay 30% on their adjusted income.
    looks like you were arguing for 15%:

    Quote Originally Posted by Samhain View Post
    So charge everyone a flat rate. 15% gets you about 1.3 trillion straight up revenue.
    Quote Originally Posted by muciti View Post
    Thats what I have been saying for years and multiple times in this thread.
    Regardless of what flat rate you want to charge EVERYONE, a flat tax INCREASES the WEALTH INEQUALITY in a state. I just got done showing you that with the minor progressive levels we have now has caused GREATER wealth inequality than what we experienced when the top marginal rates were higher.

    You still won't show any evidence that a flat tax reduces wealth inequality.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  7. #187
    Professor
    Tettsuo's Avatar
    Join Date
    Jul 2011
    Location
    Brooklyn, NY
    Last Seen
    Today @ 12:43 PM
    Gender
    Lean
    Liberal
    Posts
    2,320

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    This has nothing to with what I am saying
    Of course it does. As the tax rate for the rich began to fall, the wealth gap increased.
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
    http://soulinblackandwhite.blogspot.com/

  8. #188
    Sage

    Join Date
    Dec 2011
    Location
    Florida
    Last Seen
    Today @ 04:41 AM
    Gender
    Lean
    Liberal
    Posts
    23,354

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Tettsuo View Post
    Of course it does. As the tax rate for the rich began to fall, the wealth gap increased.
    And more importantly the economy and growth stagnated. No period in modern history had slower growth than after the Bush Tax cuts.
    And even more telling is that no period had faster growth in all areas than after Clinton raised taxes on the top bracket. Raising taxes on the top bracket increases growth in wages, investment and consumer spending and the opposite does the opposite. Which is preferable?
    Last edited by iguanaman; 04-17-12 at 05:29 PM.

  9. #189
    Sage
    Gimmesometruth's Avatar
    Join Date
    Feb 2012
    Location
    US Southwest
    Last Seen
    09-13-17 @ 10:22 AM
    Gender
    Lean
    Liberal
    Posts
    22,405

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muc
    the wealthy pay the lowest rates on their total income. Many of them dont even pay 30% on their adjusted income.
    False.....

    taxmageddon.jpg
    http://www.theatlantic.com/business/...harts/255954/#
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  10. #190
    Sage
    Kreton's Avatar
    Join Date
    Apr 2011
    Location
    Colorado Springs
    Last Seen
    11-13-17 @ 08:01 PM
    Gender
    Lean
    Other
    Posts
    6,118

    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by iguanaman View Post
    It has EVERTHING to do with having a healthy economy which you don't seem to understand is THE most important thing.
    A key to a healthy economy is generating money via taxes. How is this that hard to understand?
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


Page 19 of 36 FirstFirst ... 9171819202129 ... 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
  •