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Thread: Democrats may stop Bush-era tax cuts for wealthy from expiring

  1. #41
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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by Ikari View Post
    The middle class is shrinking and economic mobility is being frozen out. The Middle class should have it pretty good, it should be a comfortable life style (since they are middle class). I have no quarrels with that. I have problems with policies these days which rob more from the middle class to give to the elite. Policies which endorse things such as corporate capitalism over free market capitalism which has the effect of freezing out economic mobility so that it becomes harder and harder to change your lot in life. There's plenty of problems which occur once the government starts pandering to the aristocracy.
    Are you kidding me? You should have a lot more problems with the middle class giving to lower-income assistance -- through programs that are so corrupt it'd make a sailor blush.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by Dav View Post
    Really, raising taxes for everyone who makes over $250k will probably help the so-called aristocracy more than hurt them; the bottom part of that group, small business owners and such, will be significantly more burdened by that raise, and so the richest part of that group will have less competition from below to worry about.
    The ones making 250K a year aren't in the aristocracy. Those are the people like Buffett and such, the people who have almost no tax liability due to all the rules being made for them. Still, it's a comfortable life style and I don't think you're considered Middle class at that point, not even Upper-Middle class. The taxes on those making a lot of money goes up and up and up, and they pay disproportionately larger amounts of money. I'm not above talking about overall tax bracket changes. However, right now we're in a situation where we're looking like we're up ****'s creek without a paddle. And we need to do something to get the gravy train moving. The people making less than the 250K are the ones that really need the help, the ones who would actually spend if they had the free money but don't, and the ones who are most hurting due to unemployment and ****ty ass government. If we could make a bank of temporary jobs which could exist (probably as public works jobs) until the economy recovers, we would have went well further in curbing the effects of the recession while having served more people.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by Harry Guerrilla View Post
    Personal income may be shrinking to a minor degree but uncounted benefits have been increasing.
    SCHIP, tax breaks, etc.

    I don't buy it.

    Here's a clue to everyone, do the things that rich people do.
    Invest in stocks that pay dividends, so you can join the "elite."
    OR

    Listen to abject economic failures and join them in bitching about the injustices of the world.

    OR

    Listen to college professors that may be book smart or maybe even have written a book or two themselves but have absolutely no clue with regard to how the real world actually works.

    To the liberal mind, those that bust their ass to succeed should fairly be penalized by being forced to pay for all the crippled and dependent pets that liberal politics and policies have created. Thats 'fair'.

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by VanceMack View Post
    OR

    Listen to abject economic failures and join them in bitching about the injustices of the world.

    OR

    Listen to college professors that may be book smart or maybe even have written a book or two themselves but have absolutely no clue with regard to how the real world actually works.
    True enough.

    Quote Originally Posted by VanceMack View Post
    To the liberal mind, those that bust their ass to succeed should fairly be penalized by being forced to pay for all the crippled and dependent pets that liberal politics and policies have created. Thats 'fair'.

    Lets be nice, there are liberals who understand the consequences of such actions.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by MaggieD View Post
    Are you kidding me? You should have a lot more problems with the middle class giving to lower-income assistance -- through programs that are so corrupt it'd make a sailor blush.
    Less of my money goes to them, and there are a lot of improvements which can still be made in those areas through improvements in the actual beurocracy. There are two situations, one where money is taken from all of us and given to the needy, and one where money is taken from all of us and given to the well to do. If you think I should be well more pissed about the former over the latter, you're mistaken. If you're going to take my money, I'd rather it go to the needy over the well to do.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by Ikari View Post
    Less of my money goes to them, and there are a lot of improvements which can still be made in those areas through improvements in the actual beurocracy. There are two situations, one where money is taken from all of us and given to the needy, and one where money is taken from all of us and given to the well to do. If you think I should be well more pissed about the former over the latter, you're mistaken. If you're going to take my money, I'd rather it go to the needy over the well to do.
    There is nothing wrong with your position but remember that the "well to do" and the job creators are lumped in the same tax bracket together.
    So increasing taxes on one, will do so on the other.

    Not a good thing.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by Ikari View Post
    Less of my money goes to them, and there are a lot of improvements which can still be made in those areas through improvements in the actual beurocracy. There are two situations, one where money is taken from all of us and given to the needy, and one where money is taken from all of us and given to the well to do. If you think I should be well more pissed about the former over the latter, you're mistaken. If you're going to take my money, I'd rather it go to the needy over the well to do.
    You say it's less of your money. But it's the lion's share. I assume you're talking about the bailouts. Extraordinary measures in extraordinary times.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Does anyone honestly believe that, if they got rid of the Bush tax cuts, the extra money would go toward the deficit?

    And if you raise taxes on the "rich", they'll just compensate by reducing expenses elsewhere, such as their businesses and number of employees.

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by MaggieD View Post
    You say it's less of your money. But it's the lion's share. I assume you're talking about the bailouts. Extraordinary measures in extraordinary times.
    Proper measures always is more like it.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Democrats may stop Bush-era tax cuts for wealthy from expiring

    Quote Originally Posted by Ikari View Post
    And if you don't think people would use an actual high speed rail system, then you're stupid. Because the high speed rail system can link Denver to Chicago in a matter of hours, there's not the security hassle you'll get on planes, it'll probably be cheaper too.
    "Probably be cheaper?" Do some research before you go around calling people "stupid" for not being as naive on an issue as you are.

    How long do you think it would take to get from Denver to Chicago on "high speed rail" - do you know how long it takes by plane?

    Quote Originally Posted by Ikari View Post
    And the majority of internet usage, BTW, isn't for porn. If you wish to be logical and rational and honest, we can talk about the differing ways government could have been used to have a better effect on lessening the effects of this recession. If you want to go on your hyperbole and intellectually dishonest path; have fun at it but you'll be ignored.
    Oh i'm sorry... downloading (P2P file sharing) movies, music and porn. Let's spend tons of federal money to facilitate that.

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