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Obama to call for new tax increases in State of the Union address

TurtleDude said:
encouraging class warfare, dependency on government handouts and bloated government is the real recipe for disaster-not the lack of collectivist income redistribution that the socialist left always clamors for so they can pretend they are helping the failures while dipping their beaks into the stream of confiscated wealth and gaining wealth and power from the votes of those given the money of other
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You always seem to forget that without the 90% out there working for you and buying your products, you would be in trouble too. It is not about class warfare that is your meme. It is about the survival of all classes. One can't live without the other.
 
apdst said:
The government needs to learn to manage money. Once they do that, I believe that tax decreases would be justified.
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Perhaps we should start by not starting wars we can't afford and weapon systems that are obsolete before they are deployed.
 
iguanaman said:
Perhaps we should start by not starting wars we can't afford and weapon systems that are obsolete before they are deployed.
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Or, we could stop paying Federal employees when they don't show up to work, or stop paying Federal employees when they show up for work and do nothing, or stop paying Federal employees when they show up for work and surf internet porn, or stop paying performance bonuses to Federal employees who don't perform. Or...OR...we could stop paying hundred thousand dollar per year pensiins to people like Lois Lerner. Shall I keep going?
 
iguanaman said:
I don't blame the wealthy they don't know any better but the income inequality spiral cannot continue indefinitely without bringing down all of us in a painful way. Now that Republican are also talking about the income gap I would have thought you would be less of a prick about looking at ways to at least moderate the trend. I do understand that you want to protect that nest you have been feathering but doing nothing will endanger it too.

chart_income_inequality.top.gif


How the rich became the
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Do you feel guilty about what you earn? What exactly is preventing you from being in that class that you seem to hate? You post charts that have no names or pictures on them therefore you can spout your anti rich rhetoric. Do you begrudge Bill Gates and all the millionaires he made? How about Steve Jobs? How about Mark Zuckerberg? This became the greatest country on the face of the earth in spite of people like you and your attacks on what others make but not what you make.
 
iguanaman said:
You are the one without facts. There is plenty of data that suggest we are on course for disaster. Without a healthy middle class there will be no more America to be prosperous in. You need to face it, supply-side economics has failed and without change it is unsustainable. The wealthy can't keep racking up a larger and larger share of the economy forever. It will all come crashing down on our heads.



How the rich became the
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Tell me how Bill Gates, Mark Zuckerberg, Steve Jobs affected the charts you are posting or all the other rich people who created wealth for themselves and others? I asked you a question in another post, look forward to the answer but doubt I will get one.
 
Many of today's rich were yesterday's middle class, and even poor. That's the part that liberals always leave out: Mobility.

If a rich guy today was born into poverty, then God bless him, and let him enjoy the fruits of his success.

Liberals are all about envy. Its very ugly.
 
TheDemSocialist said:
Really? They do!? They "hire more people"? Just because a company is making more money does not mean they hire more people. If that was true during the "recession" the wealth of the top grew expentionally. By your logic, they should of reinvested that and created more jobs ... The trickle down effect does not work due to the fact it makes the rich richer and the poor poorer, it only increases the gap between the two classes.

Tax cuts do not guarantee growth either
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then where are all these jobs coming from? according to the last report 252k jobs were added they were private sector jobs. did they just come out of no where?
no they came from investments and other things made by people.

*sigh*

no it doesn't. lower taxes means more disposable income. the fact that poorer people spend that money rather than invest it is why they continue to be poor.
you can run any calculator. if you just deposit 25 dollars a month into a mutual fund that even gets 10% a year in 50 years you will have saved up 1 million dollars.

how hard it is it to save 25 bucks a month.
now save 25 a week. in 45 years in a mutual fund that earns on average 10% a year you will have 1m in 45 years.

it is a matter of priority. rich people have their priority on investment and savings. poorer people spend spend spend.

it also is a matter of education. the average rich person has at least a 4 year degree usually they have a masters or higher
in a high in demand field.

most of the poorer people you will find either don't have a high school diploma or only a high school diploma.
they don't have anything more than that.
 
iguanaman said:
There is a glut of money out there for risk investing, so much that the banks drive to get some of it caused the Great Recession. I think we can stop encouraging it now.
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So you want to decide who gets to invest being restricted to those who have money. A bit elitist if you want only venture capitalists to be the source.

As for banks and others who committed fraud where are the prosecutions? Why not punish those at fault. Have you ever signed the front of a paycheck?
 
TurtleDude said:
socialists whine about investment income being taxed less than earned income but what they really don' like is that the wealthy aren't screwed over as much

socialists really don't believe in even taxation but rather they think the progressive structure of earned income should apply to all taxation

its a idiotic argument which assumes the progressive structure created by the income tax law is "proper" and other tax structures also created by laws with the same validity as the Income tax law-are "improper
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I'd rather you stuck your discussion of Socialism to those you accuse of it.
 
ludin said:
then where are all these jobs coming from? according to the last report 252k jobs were added they were private sector jobs. did they just come out of no where?
no they came from investments and other things made by people.

*sigh*
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Wait a sec...... The top of the pyramids wealth has been in an incredibly increase for the past 6+ years......

no it doesn't. lower taxes means more disposable income. the fact that poorer people spend that money rather than invest it is why they continue to be poor.
you can run any calculator. if you just deposit 25 dollars a month into a mutual fund that even gets 10% a year in 50 years you will have saved up 1 million dollars.
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Wait... I thought it meant that the reach would spend more?... Whats going on here? Are you telling me that the rich just hoard their money while the people that actually have to spend their money to live and get by actually spend it? This doesnt sound like "trickle down economics"!

how hard it is it to save 25 bucks a month.
now save 25 a week. in 45 years in a mutual fund that earns on average 10% a year you will have 1m in 45 years.
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Yea! Stupid poor people! Follow this advice! Investment advice! C'mon!


it is a matter of priority. rich people have their priority on investment and savings. poorer people spend spend spend.
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So.... Trickle down economics is a ****ing farce...


it also is a matter of education. the average rich person has at least a 4 year degree usually they have a masters or higher
in a high in demand field.
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So.... Trickle down economics is a ****ing farce...


most of the poorer people you will find either don't have a high school diploma or only a high school diploma.
they don't have anything more than that.
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So.... Trickle down economics is a ****ing farce...
 
TheDemSocialist said:
Wait a sec...... The top of the pyramids wealth has been in an incredibly increase for the past 6+ years......


Wait... I thought it meant that the reach would spend more?... Whats going on here? Are you telling me that the rich just hoard their money while the people that actually have to spend their money to live and get by actually spend it? This doesnt sound like "trickle down economics"!


Yea! Stupid poor people! Follow this advice! Investment advice! C'mon!



So.... Trickle down economics is a ****ing farce...



So.... Trickle down economics is a ****ing farce...



So.... Trickle down economics is a ****ing farce...
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nope not at all.

their investments into business make more jobs.
their savings allowed banks to give out business loans and other loans that are used to create jobs and allows for people to buy things.

their money doesn't sit in a mattress in their room.
you hyperbole is just that hyperbole.

taxing them more does nothing for the poor except make it more difficult for them to actually get a job.
as investments go down it means less money companies have.

but I expect non-logic from liberal hacks.
your job came unless you work for the government came from some rich guy investing and loaning money to your company.

have you every collected a pay check from a poor person? didn't think so.
 
TheDemSocialist;1064210760]Wait a sec...... The top of the pyramids wealth has been in an incredibly increase for the past 6+ years......
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So what? there is plenty more room at the top although I can see what is keeping you from getting there? Please tell me how any rich person hurt you or your family as well as prevented you from becoming rich?

Wait... I thought it meant that the reach would spend more?... Whats going on here? Are you telling me that the rich just hoard their money while the people that actually have to spend their money to live and get by actually spend it? This doesnt sound like "trickle down economics"!
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Why do you care what someone else does with their money? How does that affect you and your family?


Yea! Stupid poor people! Follow this advice! Investment advice! C'mon!
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In this country poor people do indeed become rich, not so in most socialist countries. So why do you want this country to be like a socialist country?

So.... Trickle down economics is a ****ing farce...
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Only by someone like you who seems to be incapable of competing in a private sector economy. Still waiting for how any rich person prevented you from becoming rich? You seem to believe the pie is a fixed one, that is a problem with people like you, total lack of understanding of the opportunities available and the fact that our private sector economy grows and there is plenty of room at the top for a lot more people



So.... Trickle down economics is a ****ing farce...
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Your opinion noted and probably that is the case with you because you probably aren't capable of taking advantage of the opportunities available to you



So.... Trickle down economics is a ****ing farce...
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The liberal in me feels sorry for you but that is a very small part of me. Saying the same thing over and over again doesn't make it true. Seems to work for most Americans. Ever consider moving out of this country?
 
ludin said:
nope not at all.

their investments into business make more jobs.
their savings allowed banks to give out business loans and other loans that are used to create jobs and allows for people to buy things.

their money doesn't sit in a mattress in their room.
you hyperbole is just that hyperbole.

taxing them more does nothing for the poor except make it more difficult for them to actually get a job.
as investments go down it means less money companies have.

but I expect non-logic from liberal hacks.
your job came unless you work for the government came from some rich guy investing and loaning money to your company.

have you every collected a pay check from a poor person? didn't think so.
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So let me get this straight. More money in the rich hands make more jobs. We have never seen the level of inequality we see now. Their wealth exploded during the time of the "recession" and yet job growth has been ****.... Underemployment is incredibly high. So they "create jobs"? What jobs? They dont create jobs, they just get more greedy. They outsource jobs. They become more greedy. They dont "reinvest", in the oringal term. Hell, look at Kansas. Kansas did the textbook policy of "trickle down"... Didnt turn out the way they wanted. The people with the wealth increased their wealth, didnt "reinvest" it, they hoarded the wealth. You call this "success", I call it a plutocrats dream.
 
Conservative said:
So what? there is plenty more room at the top although I can see what is keeping you from getting there? Please tell me how any rich person hurt you or your family as well as prevented you from becoming rich?



Why do you care what someone else does with their money? How does that affect you and your family?




In this country poor people do indeed become rich, not so in most socialist countries. So why do you want this country to be like a socialist country?



Only by someone like you who seems to be incapable of competing in a private sector economy. Still waiting for how any rich person prevented you from becoming rich? You seem to believe the pie is a fixed one, that is a problem with people like you, total lack of understanding of the opportunities available and the fact that our private sector economy grows and there is plenty of room at the top for a lot more people





Your opinion noted and probably that is the case with you because you probably aren't capable of taking advantage of the opportunities available to you





The liberal in me feels sorry for you but that is a very small part of me. Saying the same thing over and over again doesn't make it true. Seems to work for most Americans. Ever consider moving out of this country?
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I keep finding that most people that complain about the rich do little themselves to improve their situation.
they just play the card it's not fair and continue to whine and cry about what someone else has.

if they want the same thing then it requires work and a lot of work.
it requires disciplined money management, education and good job skills so that you can advance.

it requires going out and meeting people.
it requires something other than sitting around going they owe me.
 
TheDemSocialist said:
So let me get this straight. More money in the rich hands make more jobs. We have never seen the level of inequality we see now. Their wealth exploded during the time of the "recession" and yet job growth has been ****.... Underemployment is incredibly high. So they "create jobs"? What jobs? They dont create jobs, they just get more greedy. They outsource jobs. They become more greedy. They dont "reinvest", in the oringal term. Hell, look at Kansas. Kansas did the textbook policy of "trickle down"... Didnt turn out the way they wanted. The people with the wealth increased their wealth, didnt "reinvest" it, they hoarded the wealth. You call this "success", I call it a plutocrats dream.
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define what you mean by wealth, because wealth usually means total assets.

most middle and lower income people their main wealth comes from the value of their home. during the recession home prices fell by 50% or more wiping out most of the wealth.
most rich people don't have their wealth built into their home it is in their investment portfolio which they can move around easier to protect.

actually I wish I had more built into my 401k during that 2009-2012 run of the market I would have made a killing. while I did make a killing I was still building my 401k.

businesses create jobs and it is the demand from the business if they need people.
rich people help companies with investments and being able to get loans from banks.

you seem to not understand anything about finance.
no companies outsource jobs not rich people.

Kanas has only implemented their current system for about 3 years. economic development takes a bit longer and it isn't instant.
it could still work out and kanas becomes and economic boom. I think they should have made it a bit more measured.

you can call it want you want. your just mad because you didn't do that same thing. jealousy is the worst motive in anything.
worse when you want to take from someone something you didn't earn because you consider it not fair that they did.

do something besides crying and whining and you can be rich one day as well. nothing is holding you back but yourself.
 
TheDemSocialist said:
Your comment is illogical. When there is any sort of state there is redistribution of wealth.
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uh and that doesn't justify the left's constant demands for more in order for leaders of the left to pander to class envy and gain wealth and power through redistribution
 
....immediately after pandering to "free" community college.
 
Conservative said:
Obama to call for new tax increases in State of the Union address | Fox News

Let's here it Obama supporters how does taxing the rich benefit the U.S. economy and how much money is going to be generated to fund the liberal spending appetite?

Class warfare is never going to solve the problems we face in this country and what ever happened to incentive to create more upper class individuals? Growing up I always strove to generate enough money to pay for a family that I hoped to have and fund charities that I want to support. My education process taught me the value of hard work and the desire to succeed. What happened to that philosophy in today's world? Why is it the Federal Government's role to tell the private sector where to spend its own money and on what?
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At least Carter is happy knowing he will not die as the holder of the worst living President..
 
The people at the top of Wall Street aren't very exceptional. They blew up the economy, were bailed out by the tax payers, and none of them were fired. They continue to lobby everybody in DC, and they are creating another economic bubble as we speak.

Conservative said:
Keep posting those faceless charts that mean absolutely nothing for people make up those charts and it is people who spend money and make the decisions on what to spend and where depending on the incentive to do so. Socialists don't understand individual exceptionalism and are frustrated with anyone who has more than they do and think that isn't fair. You didn't answer my question as to where Bill Gates started from, Steve Jobs, Mark Zuckerberg. Why not?
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