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

  1. #81
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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by TurtleDude View Post
    you apparently didn't read very well

    the top one percent starts at about 350K a year
    hardly super rich
    Raise taxes on multi millionaires is not the solution to our economic woes. Could it be part of it? Sure. But raising it back to Clinton years is not going to put us back on track. Anyone who says that is taking talking points from Rachel Maddow and not actually realizing that we have 47% of people paying no taxes, and corporations paying 0 dollars in taxes, and actually getting credits for paying nothing.

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

    Quote Originally Posted by Gargantuan View Post
    Raise taxes on multi millionaires is not the solution to our economic woes. Could it be part of it? Sure. But raising it back to Clinton years is not going to put us back on track. Anyone who says that is taking talking points from Rachel Maddow and not actually realizing that we have 47% of people paying no taxes, and corporations paying 0 dollars in taxes, and actually getting credits for paying nothing.

    the people we should not raise taxes on are those already paying more than their fair share

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

    Exactly... people making 200k a year are paying their fair share. People making 40 million a year are not.

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

    Quote Originally Posted by Gargantuan View Post
    Exactly... people making 200k a year are paying their fair share. People making 40 million a year are not.
    that's crap. even if all of their income is CG they still pay more per person than 100 million americans combined. do you think 100 million people USE LESS of the services paid for by income taxes and death taxes than one person making 40 million a year?

    complete BS on your part. fair share isn't what you can afford. fair share is what you use and what you pay for

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

    I don't care about the services. We've discussed this before turtle. The point is it must be a fair share of your income. Take 35 percent from someone making 200k a year is already overstretching it. Take 35 percent from someone making 40 million a year is absolutely nothing. It should be around 39/40. That's why it's fair to take 10 percent from someone making 20k a year, but not fair to take 10 percent from someone making 100k a year. We have exhausted this.

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

    Quote Originally Posted by Gargantuan View Post
    I don't care about the services. We've discussed this before turtle. The point is it must be a fair share of your income. Take 35 percent from someone making 200k a year is already overstretching it. Take 35 percent from someone making 40 million a year is absolutely nothing. It should be around 39/40. That's why it's fair to take 10 percent from someone making 20k a year, but not fair to take 10 percent from someone making 100k a year. We have exhausted this.
    Your believe in FROM EACH ACCORDING TO THEIR ABILITY

    I do not. In all other areas your desires don't cut it

    not in what businesses charge

    not in nature

    not in anything but taxes

    and that is why we are in the mess we are in

    those who don't pay enough want those who pay too much to pay even more and because the net tax consumers often have more votes than the net tax payers the politicians pander to the former

    if you knew taxes on you would increase with increased government spending what would you do the next time a politician campaigns on more spending?

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

    Alright, if you're going to start calling me a socialist for supporting a fair progressive income tax you really need to get your head checked. Ronald Reagan supported progressive income taxes (albeit his were low), are you going to call him a socialist?

    This isn't about government spending. This is about tax brackets. My economic beliefs are very moderate. I believe that tax rates as a whole should be lowered, but the system should still remain progressive.

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

    Quote Originally Posted by Gargantuan View Post
    Alright, if you're going to start calling me a socialist for supporting a fair progressive income tax you really need to get your head checked. Ronald Reagan supported progressive income taxes (albeit his were low), are you going to call him a socialist?

    This isn't about government spending. This is about tax brackets. My economic beliefs are very moderate. I believe that tax rates as a whole should be lowered, but the system should still remain progressive.
    progressive taxes are what buys politicians votes

    since I am not a politician I don't need to suck up to a system designed to buy votes but which causes massive problems in the long run

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

    Quote Originally Posted by Gargantuan View Post
    Alright, if you're going to start calling me a socialist for supporting a fair progressive income tax you really need to get your head checked. Ronald Reagan supported progressive income taxes (albeit his were low), are you going to call him a socialist?

    This isn't about government spending. This is about tax brackets. My economic beliefs are very moderate. I believe that tax rates as a whole should be lowered, but the system should still remain progressive.
    No, this is about what has ****ed up this country so badly, and turned many of its citizens into worthless piles of crap who covet what others have. Progressive taxes are like a cancer which encourages parasites. We are so "Progressive" now that 47% pay no income tax.

    About 200 years ago, one wiser than all of us said (paraphrase): "Once the voters realize they are able to vote themselves largesse from the Treasury, it will be the end of the Republic". Did they foresee modern liberals or what !!!

    "Fair" .... my ass.

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

    Did I say that 47% paying no income tax is right? No. I said they should. Everyone should pay income tax, whether you make 5k a year, or 500k a year, but it should be at fair levels. Every country in the world has progressive income tax rates. Are you going to tell me the Chinese, who have a 9.6 economic growth rate, are all parasites? Their highest tax rate is 40 percent I believe.

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