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Thread: Census finds record gap between rich and poor

  1. #341
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Why do you keep saying billionares? This has nothing to with just billionares. Stop with the spin, please!
    Ok, 250,000 a year going from 36% to 39%, like they paid before the cuts, exactly how is this a serious hardship?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  2. #342
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    So, a person that makes 200 grand equates to a billionaire?
    nope, but is in the same "high earner" category

    but tell us why that $200,000 income earner deserves a tax break requiring our nation to add to the deficit to cover it
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  3. #343
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    why do you spend so much time advocating other people pay more taxes when they already pay far more than you do?
    you post as if you have some idea of the amount i earn and pay in taxes; you are clueless again

    i post here advocating fiscal responsibility, which means our nation should not give tax breaks to billionaire$ and pass along that cost for our children to pay in the form of increased national deficits

    but tell me why you disagree with that position
    Last edited by justabubba; 10-01-10 at 10:09 AM.
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  4. #344
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    its like gun banners whining about machine guns and bazookas while seeking to ban 22 caliber semi auto plinking rifles. They think that by using Billionaires or "Paris Hilton" the weak minded will not see that they want to jack up taxes on millions of people
    actually, it exposes the stupidity of the position of adding to our deficit to afford to give tax breaks to billionaire$, while having to borrow money from china to do so

    still have seen none from your side explain to us why that makes sense
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  5. #345
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by CriticalThought View Post
    Um...what?

    When you add up all taxes, everyone from 66K up pays about the same tax rate. 30%.
    income tax rates are the ones being debated so you point-even if it is true (which I doubt) has no real merit.



  6. #346
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    actually, it exposes the stupidity of the position of adding to our deficit to afford to give tax breaks to billionaire$, while having to borrow money from china to do so

    still have seen none from your side explain to us why that makes sense
    still hung up on the billionaires? I have a great idea-when the dems say they only want to increase taxes on the 425 or so billionaires maybe we can discuss this. Right now

    1) those most harmed by the tax hikes are not the uber wealthy but those making 200k-1 Million a year-hardly the uberwealthy
    2) why do the dems want to extend tax cuts for everyone but that top 2%
    3) the deficit grows due to the massive amount of government spending that has been increasing for decades and was radically accentuated by the Obamunists
    4) I haven't seen a peep out of you complaining about massive spending increases



  7. #347
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    you post as if you have some idea of the amount i earn and pay in taxes; you are clueless again

    i post here advocating fiscal responsibility, which means our nation should not give tax breaks to billionaire$ and pass along that cost for our children to pay in the form of increased national deficits

    but tell me why you disagree with that position
    again the issue isn't just billionaires and its intellectually dishonest for you to constantly frame the debate in that terms



  8. #348
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Boo Radley View Post
    Ok, 250,000 a year going from 36% to 39%, like they paid before the cuts, exactly how is this a serious hardship?
    that is a 10% increase in taxes paid and if someone has mainly investment income then their taxes can double

    are you willing to pay 10% more in taxes?
    Last edited by TurtleDude; 10-01-10 at 10:29 AM. Reason: typo



  9. #349
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Sounds to me like you're ripping off the government. Either you're full-a-****, or you're lucky you haven't been caught.
    You are admitting your profound ignorance in the topic. I would suggest you get a financial advisor to explain all this to you, but would also suggest that you don't invest with him/her til after you understand it. Lots of advisors out there are just annuity salespersons, and earn a commission off of YOUR fiancial assets.
    Oracle of Utah
    Truth rings hollow in empty heads.

  10. #350
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    that is a 10% increase in taxes paid and if someone has mainly investment income then their taxes can double

    are you willing to pay 10% more in taxes?
    Not sure I follow your math, but I know an increase from 36% to 39% is not nearly double. Nor is it a hardship. It will have little to no effect on anything other than the deficit.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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