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Thread: Senate fails to advance Buffett rule

  1. #201
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Gimmesometruth View Post
    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.


    I've been very interested in the back and forth between Multi and the Rev, and haven't paid attention to your posts.

    Now you posted a something containing 5 or 6 paragraphs and I said "thanks", just to be polite. Sorry but I didn't read your paragraph post, but it must have been on what you've claimed I commented on.

    Go back and reread it all, you'll see I never mentioned "tax rates of Kennedy, trying to make it a supply-side argument, I showed you that his tax policies were demand side actions or anything like it.

    You've evidently let your imagination has get away from you on this.
    Last edited by Billy the Kid; 04-17-12 at 05:50 PM.

  2. #202
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    Re: Senate fails to advance Buffett rule

    And after repeated requests to provide anything showing your claim that it would decreases wealth inequality, you show NOTHING....while requesting that I prove my point....when I already have.
    You have done no such thing. If you have something to say, say it. Your NYT article link i have repeatedly clicked on and it asks me to log in. I am not going to sign up for the NYT so you dont have to explain yourself. Thats not happening.

    Your link has and continues to redirect me to:

    https://myaccount.nytimes.com/auth/l...Q=Q5fQ72Q3dQ31


    I have many times already said to you that even with the progressive system we have now, we are experiencing GREATER wealth inequality, it is worse that when the progressiveness was GREATER. You argument is that a flat tax would be better at counteracting wealth inequality even though it flies in the face of our own experience and the experience of the rest of the world.
    Your NYT article link i have repeatedly clicked on and it asks me to log in. I am not going to sign up for the NYT so you dont have to explain yourself. Thats not happening. The reason we are experiencing the wealth inequality we have now is largely because people only give their money to a few people. It has little to do with wealth disparity. Money is not being spread aroudn like it used to. The majority of Americans spend thier money with a select few businesses who cater to every need. THAT is what creates the wealth disparity we have here.

    A flat tax would only help alleviate that gap in wealth because instead of taking small percentages of money from the wealthy they would actually be paying closer to what the middle class pays. I have no idea how you think taxing people the same is unfair.
    Last edited by Kreton; 04-17-12 at 05:52 PM.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  3. #203
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Gimmesometruth View Post
    lol....you won't read anything i link to.
    Your link does nothing. Furthermore I am asking you to explain it. Either do it or stop talking to me.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  4. #204
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    You saying it doesnt make it true. You have shown nothing.

    I've been reading the back and forth between you and Rev. It took you quite some time and quite a few posts but you did come to an agreement.

    I think you both have come up with a good idea and plan. I like it anyway.

  5. #205
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Billy the Kid View Post
    I've been reading the back and forth between you and Rev. It took you quite some time and quite a few posts but you did come to an agreement.

    I think you both have come up with a good idea and plan. I like it anyway.
    LOL thanks. Might be the first time I have ever gotten into a discussion on here with someone who disagreed and we ultimately ended well.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  6. #206
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Gimmesometruth View Post
    Oh, you equate "cause" with "cure".

    That is kinda messed up...
    What is messed up, is that you think the French and Soviet Revolutions were revolts against rich folks, when in actuality, they were revolts against greedy governments.
    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.

  7. #207
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Tettsuo View Post
    Actually, they did lead to the change.
    The only thing that changed, were the people who were holding all the money and in neither case was it the poor folks that suddenly saw their lives improve.
    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.

  8. #208
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by AdamT View Post
    Every version a flat tax that I've seen includes a personal exemption, which would keep many of those who currently don't pay FIT from paying under a flat tax, and of course it would result in different rates.

    If you don't have an exemption then a flat tax is simply unfair. It fails to capture the distinction between income necessary for basic survival and disposable income. In effect it results in middle class disposable income being taxed at a rate in the high 80s or 90s, versus the low 20s for wealthier individuals.

    In other words, it's sort of like taxing a corporation on gross revenue rather than net profits.
    The only way that could happen, is if Congress did away with all tax deductions. A flat tax doesn't tax the gross by default.
    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.

  9. #209
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    LOL thanks. Might be the first time I have ever gotten into a discussion on here with someone who disagreed and we ultimately ended well.
    I'm serious, it was good.

    There were times during some of the earlyt posts, I thought - they'll never come together - but you worked it out.

  10. #210
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by AdamT View Post
    Total nonsense. A flat tax is clearly regressive.
    How so?.........
    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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