Thread: Senate fails to advance Buffett rule

Originally Posted by Gimmesometruth

I think Pol Pot DID intend on killing a lot of people.

Again...you are confusing "CAUSE" with "CURE". Another conservative did the same exact thing earlier.

Try again.

I have not-I am merely responding to the claims as they merit. I am merely telling those who argue for welfare socialism wealth redistribution as a vaccine against french revolution type nastiness that such a threat doesn't scare many of us in the least and we don't find it a viable or realistic argument for wealth redistribution

Originally Posted by muciti

Either you or Obama are lying. You decide which. A large part of his push with the Buffet rule is that the majority of middle class are paying a higher % of their income than the wealthy. The 30% number came about because that is what the majority of middle class Americans are paying. A flat tax would barely affect the middle class and would greatly affect the higher end individuals especially if you eliminate ALL the tax breaks they receive and actually take 30% from them.

the problem with that oozing BS is that the Buffett "rule" dishonestly includes all taxes that the middle class pays-state, local and federal, progressive flat or fixed fees, and then tries to apply that same total rate to ONE KIND of tax and for the rich only without taking into account other taxes the rich pay Its complete BS

Originally Posted by Gimmesometruth

The focus of the Buffet rule is on INVESTMENT INCOME, those making over $1M are getting huge breaks on their INVESTMENT INCOMES.

Senate Blocks Buffett Rule 30% Tax Floor on Top Earners - Bloomberg


So you are wrong on the effective rate for middle income earners, too.


Still waiting for your proof that flat taxes decrease WEALTH INEQUALITY.

More lies

first of all dividend income is taxed twice in many cases

secondly short term investment income is taxed the same as earned income

long term capital gains face both risk and inflation

so your claims are horsecrap. They aren't getting huge breaks. They are still paying far more and getting NOTHING additional in return.

So your claims are specious

Originally Posted by TheNextEra

I agree, also include in that the teabaggers who have done the same thing with implied threats.

gays with certain fetishes are threatening people?

Originally Posted by TheNextEra

On income equality, it wouldn't because people will have the same amount taken out. However, after all that's said and done, the poor will have an even lower % of disposable income while the rich will have a much higher % of disposable income due to a flat tax. That will lead to an even greater gap in classes which would be a negative effect.

The main people that would benefit from a flat tax is the rich.

well the current system completely screws the rich compared to everyone else

you argue that more fairness is unfair to those who get all the benefits of citizenship and pay far less than they can or should (based on what they demand)

The Buffett rule would fund that government for about 11 hours. For Ubama it is not a fix it is a step to take all the money from the top 10% and then on down the line. The Marxist at work.

Originally Posted by Rapunzel52

The Buffett rule would fund that government for about 11 hours. For Ubama it is not a fix it is a step to take all the money from the top 10% and then on down the line. The Marxist at work.

Now this is exactly what I thought. The Buffett Rule is all hype and no money. Hell the GSA has probably wasted this much on their "conferences".

Originally Posted by Billy the Kid

Now this is exactly what I thought. The Buffett Rule is all hype and no money. Hell the GSA has probably wasted this much on their "conferences".

The GSA spent 30 billion? You sure about that?

Originally Posted by Rapunzel52

The Buffett rule would fund that government for about 11 hours. For Ubama it is not a fix it is a step to take all the money from the top 10% and then on down the line. The Marxist at work.

Where on earth are you getting your numbers? 11 hours?

Originally Posted by Billy the Kid

Now this is exactly what I thought. The Buffett Rule is all hype and no money. Hell the GSA has probably wasted this much on their "conferences".

Oh and by the way, speaking of Ol' Warren...you know he'll benefit if the Keystone pipeline is denied, because the oil will still come to America, only instead of by pipeline, it will come by...................Choo Choo train....Oh and who owns the Choo Choo train....................Ol' Warren.