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Thread: Census finds record gap between rich and poor

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Animus View Post
    The folks in Washington are playing a political game, they don't care about what's "better" for the country dear.

    I'd rather have the money go towards improving the country than given to the undeserving wealthy in the form of tax cuts. Tax cuts are spending and will add to the deficit. When you have more money going out than coming in it's called "spending".
    LOL, Turtle, we have another one. Unbelievable, you keeping more of what you earn when you get a job is an expense to the govt? When you have more money going out than coming in a normal person stops spending. How can anyone take you seriously when you make a statement like you just made?

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Animus View Post
    The folks in Washington are playing a political game, they don't care about what's "better" for the country dear.

    I'd rather have the money go towards improving the country than given to the undeserving wealthy in the form of tax cuts. Tax cuts are spending and will add to the deficit. When you have more money going out than coming in it's called "spending".
    lets examine all the stupidity in that post

    1) who determines who is underserving..I don't recall the tax code having that provision so you must think anyone who is in the top 2% is "undeserving" since all of them are going to get soaked by the dems

    2) then you make the moronic mistake of claiming a tax cut is giving someone money. That is akin to saying that if you shoot at a robber before he makes off with all your possessions you made him give you some property

    3) spending is not necessarily more going out than coming in. Rich people spend alot but since they have more coming in, they are rich. when you have more going out than coming in its called a negative balance or in government cases a deficit spending.



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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Conservative View Post
    LOL, Turtle, we have another one. Unbelievable, you keeping more of what you earn when you get a job is an expense to the govt? When you have more money going out than coming in a normal person stops spending. How can anyone take you seriously when you make a statement like you just made?
    the sad thing is that these people actually believe this nonsense. a savage and strange stew of class envy, economic cluelessness and warped welfare-socialism



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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Conservative View Post
    LOL, Turtle, we have another one. Unbelievable, you keeping more of what you earn when you get a job is an expense to the govt? When you have more money going out than coming in a normal person stops spending. How can anyone take you seriously when you make a statement like you just made?
    No. You keeping more of what you owe is an expense to the government. Did you drive to work this morning on a road? Congratulations you just used a public service provided by the government. Did you call the cops when your neighbors partied too much last Saturday? There ya go. Do your kids go to a public school? That's why you pay tax darling.

    When they give you back tax money that you are not entitled to, called "tax cuts", you are contributing to the deficit. If you truly support reducing the deficit, you would hope for tax increases and a reduction in spending. Ofcourse, a reduction in spending will mean Americans will have a lower quality of lifestyle all around which I'm sure they don't want either. Your sense of entitlement is appalling.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    moot was permanently disqualified from the contest when she claimed that the rich should pay all the estate tax since they owned all the land or something similar about a month or so ago

    its like entering stadium court at Wimbledon carrying a hockey stick
    Well, since you erronously assumed all "property" specifically meant "land" I can see why you were so confused. But the hissy fit that went along with your hyperbole was a bit over the top. But I am willing to give it another try and discuss estate tax with you, if you are. So how about it, hot shot?


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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Moot View Post
    Well, since you erronously assumed all "property" specifically meant "land" I can see why you were so confused. But the hissy fit that went along with your hyperbole was a bit over the top. But I am willing to give it another try and discuss estate tax with you, if you are. So how about it, hot shot?

    Revisionist history at its finest:

    http://www.debatepolitics.com/breaki...post1059011059

    Turtledude: "the richest people pay estate taxes-you do not"

    You: "Well, since the rich people didn't make the land, then they should pay for it. Why should they have land for free?"

    You very clearly believed that the estate tax was a tax on land.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    lets examine all the stupidity in that post

    1) who determines who is underserving..I don't recall the tax code having that provision so you must think anyone who is in the top 2% is "undeserving" since all of them are going to get soaked by the dems.
    We the people do with our votes. If the tea party can vote in favor of the wealthy and against their own best interests, then those same people will vote against the wealthy when they realize the wealthy don't give a rats ass about them.

    "There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning."
    Warren Buffet - New York Times, November 26, 2006.


    2) then you make the moronic mistake of claiming a tax cut is giving someone money. That is akin to saying that if you shoot at a robber before he makes off with all your possessions you made him give you some property
    Thats right, tax cuts for the rich is just like stealing from everyone else who have to earn their money from their own labor instead of betting against others people's mortgages and retirement funds.

    3) spending is not necessarily more going out than coming in. Rich people spend alot but since they have more coming in, they are rich. when you have more going out than coming in its called a negative balance or in government cases a deficit spending.
    Wow, right again, deficit spending is what paid for Bush's tax cuts for the wealthy. The interest alone on that debt is over $480 billion a year. And now Republicans are promising more tax cuts. Yippeeee, more debt to pay interest on and no promising future economic growth to pay for it. Whoooo hooooo ain't life grand spending future generation's money?

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by RightinNYC View Post
    Revisionist history at its finest:

    http://www.debatepolitics.com/breaki...post1059011059

    Turtledude: "the richest people pay estate taxes-you do not"

    You: "Well, since the rich people didn't make the land, then they should pay for it. Why should they have land for free?"

    You very clearly believed that the estate tax was a tax on land.
    Yes, well er uh, I did say that didn't I. I stand corrected. However, when I said that I was thinking about the Georgist argument in that people who inherited land, didn't earn it and should be taxed higher than someone who earned the money to buy the land in order to use it to create something of value. Otherwise, those who inherit and don't earn their estate through their own labor and hard work, have an unfair advantage over those who do.
    Last edited by Moot; 11-08-10 at 01:43 AM.

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    Re: Census finds record gap between rich and poor

    Animus;1059088836]No. You keeping more of what you owe is an expense to the government. Did you drive to work this morning on a road? Congratulations you just used a public service provided by the government. Did you call the cops when your neighbors partied too much last Saturday? There ya go. Do your kids go to a public school? That's why you pay tax darling.
    Please tell me where you went to school so others can avoid it. Did you buy gasoline when you drove on that road? You pay excise taxes on gasoline and that funds the roads. Do your parents own a home? You pay property taxes on that home which funds the schools and the police/fire depts. You don't have a clue.

    When they give you back tax money that you are not entitled to, called "tax cuts", you are contributing to the deficit. If you truly support reducing the deficit, you would hope for tax increases and a reduction in spending. Ofcourse, a reduction in spending will mean Americans will have a lower quality of lifestyle all around which I'm sure they don't want either. Your sense of entitlement is appalling
    Tax cuts aren't giving you anything, the govt. allows you to keep more of what you ear. I really think this is a joke, no one can believe what you are posting.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Moot View Post
    WRONG!!! The debt tripled during Reagan's term. Then after the Cold War ended, the debt went down during Clinton's term. Then when Bush took office, the debt skyrocketed to over $10 TRILLION.

    NOPE!!! You are the one denying the CBO data because it doesn't support YOUR claims. That is why you are trying to use Treasury Dept data instead of the CBO.

    PURE RUBBISH. You asked why the Treasury reports didn't include Clinton's surplus and I told you why. And now like a typical conservative, you're trying to avoid admitting you were wrong.


    Really? Because I checked the Treasury Dept website and guess what? It says you're WRONG.....

    Bureau of the Public Debt: Our History

    "The buildup to World War II brought the debt up another order of magnitude from $51 billion in 1940 to $260 billion following the war. After this period, the debt's growth closely matched the rate of inflation until the 1980s, when it again began to increase rapidly.
    Between 1980 and 1990, the debt more than tripled. The debt shrank briefly after the end of the Cold War, but by the end of FY 2008, the gross national debt had reached $10.3 trillion, about 10 times its 1980 level.


    Sorry, but the Treasury Department says you've lost the debate.

    See the Treasury Dept. chart above. Clinton reduced spending and raised taxes on the wealthy and the national debt turned into a budget surplus. Then Bush came into office, increased spending and cut taxes and the budget surplus quickly turned into a $10.3 trillion national debt. There is no way that reduced revenue will reduce the national debt. Only an idiot would think it does.

    Well good, because the reality is you've lost the debate.

    I'm not sure I should even bother trying to tell you you're wrong. You need to work on your chart reading skills...I'll leave it at that.

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