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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 Moot View Post
    I read this the other day and thought it would pertain to the topic.....
    The widening income gap threatens the stability of our democratic capitalist society. And that was Alan Greenspan talking in 2005.
    Greenspan: "It might eventually threaten the stability of democratic capitalism itself."

    Your paraphrase: "It threatens the stability of our democratic capitalist society."
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    your positions do not reconcile with the facts

    we are at a point where the tax rate is extremely low, when compared to rates over the past half century

    if it were true that low tax rates resulted in low jobless rates our economy should not now be in the midst of a great recession
    Tax rates aren't the only thing that drives our economy. If it were, you might have a point.

    The fact is that, now, businesses have less money to operate on, than they did a couple of years ago. Riasing taxes will cause to have even less money than they already do and that will have a negative effect.

    I finished my taxes yesterday and for the first time in my tens years of business ownership, I had to set up a payment plan.

    It doesn't take a rocket scientist to figure out that raising taxes, in a depression is a bad idea. I don't even know what you all hope to accomplish by doing so.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  3. #33
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    Re: Census finds record gap between rich and poor

    Why do so many people care how much someone else is making? Personally, I don't give a ****. I care about how much *I* am making and whether or not it's sufficient for how *I* want to live. What Joe Blow makes and how much more or less it is than what I make is completely unimportant.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Tax rates aren't the only thing that drives our economy. If it were, you might have a point.

    The fact is that, now, businesses have less money to operate on, than they did a couple of years ago. Riasing taxes will cause to have even less money than they already do and that will have a negative effect.

    I finished my taxes yesterday and for the first time in my tens years of business ownership, I had to set up a payment plan.

    It doesn't take a rocket scientist to figure out that raising taxes, in a depression is a bad idea. I don't even know what you all hope to accomplish by doing so.
    raising taxes on those who can afford to pay .... those who most benefit from our national economy appears to be a fiscally prudent act
    to do otherwise would expand the amount of deficit spending required


    and being a business owner freshly examining the books, identify for us the financial cost to your business and the others like it, which expenses result from the recent health care bill and the federal regulations on the horizon
    that request is made assuming you still insist those factors have also contributed to the onset of the great recession
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by rivrrat View Post
    Why do so many people care how much someone else is making? Personally, I don't give a ****. I care about how much *I* am making and whether or not it's sufficient for how *I* want to live. What Joe Blow makes and how much more or less it is than what I make is completely unimportant.
    Class envy. Some folks seem to think it's a good idea to punish success and that that is going to make things better, or something like that. It's all about redistribution of wealth.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    raising taxes on those who can afford to pay .... those who most benefit from our national economy appears to be a fiscally prudent act
    to do otherwise would expand the amount of deficit spending required
    No.... because spending can -always- be reduced; to run a deficit is -always- a choice.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Class envy. Some folks seem to think it's a good idea to punish success and that that is going to make things better, or something like that. It's all about redistribution of wealth.
    that's just crap.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by liblady View Post
    that's just crap.
    Well... to be fair, is there another reason to give a **** about how much someone else is making?

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by liblady View Post
    that's just crap.
    If the complant here is that the gap between the wealthy and the poor is too great, that said gap must be narrowed, and that the rich should facilitate this thru higher taxes, how are we NOT talking about the redistribution of wealth?

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by rivrrat View Post
    Well... to be fair, is there another reason to give a **** about how much someone else is making?
    personally, most people probably don't care....i don't care. our gov't cares, because that's how our share of taxes is determined.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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