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Thread: House Dems to call for expiration of Bush tax rates in debt-limit deal

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by haymarket View Post
    They do not exist in the real world either.
    Look at the bright side. Even should you have adequate wealth, you won't live to see your estate pay your death tax

    Put another way: If a tree falls next to you, but you are dead, you won't hear it.

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by Eighty Deuce View Post
    Look at the bright side. Even should you have adequate wealth, you won't live to see your estate pay your death tax

    Put another way: If a tree falls next to you, but you are dead, you won't hear it.
    If that were to happen his estate would Sue George W Bush for causing it

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by haymarket View Post
    You march to the tune called by right wing ideologues of the Republican Party who ordered you and your ilk to start using DEATH TAX and you jumped up and followed your masters orders.

    There is no tax on death.
    Well arent you just a special little snowflake?
    Jealous someone on the right is doing the same thing you are doing on the left?
    Cmon. All you are doing is arguing over the semantics of the name of something. After you die, the US government taxes a portion of your estate that should rightfully go to your spouse, children, etc. Calling it a death tax isnt too far of a reach.

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by haymarket View Post
    You march to the tune called by right wing ideologues of the Republican Party who ordered you and your ilk to start using DEATH TAX and you jumped up and followed your masters orders.

    There is no tax on death.
    No, but there is a tax on your estate after you're dead. Not on you're estate, but one someone else's estate.

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by OpportunityCost View Post
    Well arent you just a special little snowflake?
    Jealous someone on the right is doing the same thing you are doing on the left?
    Cmon. All you are doing is arguing over the semantics of the name of something. After you die, the US government taxes a portion of your estate that should rightfully go to your spouse, children, etc. Calling it a death tax isnt too far of a reach.
    A reach is a reach is a reach.

    W. Shakespeare.
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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by apdst View Post
    No, but there is a tax on your estate after you're dead. Not on you're estate, but one someone else's estate.
    Only because it was given to them. If it was not given to them, there would be no tax. Rich people can avoid the estate tax by going out Viking style in a huge pyre with all their goodies sending them to Valhalla.
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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Taxes are at the lowest level as a % of gdp since the fifties, we are the lowest taxed industrial nation. Countries such as Denmark, (48%) Germany,(35%) have a higher tax rate than we do and they have a growing economies and lower unemployment.

    Speaken of the fifties, consumer spending made up about 60% to 65% of gdp, which held until the gipper years of the early eighties, where it grew to 70%, which is where it is now.

    Alas, this rise in consumer spending/consumption has now flatlinined for the middleclass. flatlined since the gipper years.Hhmm…I wonder why? As Paul Harvey would say… Now for the "Rest of the Story".

    The only (real income) growth from the early eighties was concentrated at the top 1 percent, which increased 176% adjusted for inflation, versus 69% for the top 20% overall….WTF ANDY.

    Saying that we shouldn’t raise taxes is so much winger bull****. We should be raising taxes on those that have benefited the most.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    I'm curious, why is it only the dreaded "wealth redistribution" when the poor reap the benefits, but it's completely ignored when we pass laws that do nothing more than put money into wealthy people's pockets?

    In the midst of a recession, how can simply giving money to the class of people known for hoarding wealth and not putting back into the economy, via infrastructure or consumption, possibly lead to recovery? The only people who ever see any significant portion of the wealth possessed by the richest members of this county... are other rich people! They buy and sell ownership of companies from each other, profits that are seen by no one but the people already at the top. And, of course, the deals they reach funnel more and more money upward. Wealthy economics is a closed circuit. Every dollar that goes into that pool essentially disappears from the economy for good.
    Liberté. Égalité. Fraternité.

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by donc View Post
    Taxes are at the lowest level as a % of gdp since the fifties, we are the lowest taxed industrial nation. Countries such as Denmark, (48%) Germany,(35%) have a higher tax rate than we do and they have a growing economies and lower unemployment.

    Speaken of the fifties, consumer spending made up about 60% to 65% of gdp, which held until the gipper years of the early eighties, where it grew to 70%, which is where it is now.

    Alas, this rise in consumer spending/consumption has now flatlinined for the middleclass. flatlined since the gipper years.Hhmm…I wonder why? As Paul Harvey would say… Now for the "Rest of the Story".

    The only (real income) growth from the early eighties was concentrated at the top 1 percent, which increased 176% adjusted for inflation, versus 69% for the top 20% overall….WTF ANDY.

    Saying that we shouldn’t raise taxes is so much winger bull****. We should be raising taxes on those that have benefited the most.
    those who benefit the most are those who have full citizenship and pay no federal income taxes. they need to pay more if taxes have to be raised. when 95% of the country pay less taxes than the other 5% the problem is not what the five percent pay but what the rest do.

    you also labor under the delusion that those who are at the top "benefitted the most" from government. in reality government benefits those at the bottom the most-people who would have starved to death without government.

    we have always had people who prospered but its our poor who have improved their lots the most with the advent of welfare socialism and the only reason why they don't pay their fair share is because they have the same voting rights as those who have taxation and representation

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by Paschendale View Post
    I'm curious, why is it only the dreaded "wealth redistribution" when the poor reap the benefits, but it's completely ignored when we pass laws that do nothing more than put money into wealthy people's pockets?

    In the midst of a recession, how can simply giving money to the class of people known for hoarding wealth and not putting back into the economy, via infrastructure or consumption, possibly lead to recovery? The only people who ever see any significant portion of the wealth possessed by the richest members of this county... are other rich people! They buy and sell ownership of companies from each other, profits that are seen by no one but the people already at the top. And, of course, the deals they reach funnel more and more money upward. Wealthy economics is a closed circuit. Every dollar that goes into that pool essentially disappears from the economy for good.
    can you name a law that put money in mY pocket that came from you.

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