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Thread: GOP plan to extend tax cuts for rich adds $36 billion

  1. #251
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by UtahBill View Post
    You really think the GOP doesn't pick and choose?
    What is better for the economy, X amount of billionaires, or 1000X millionaires? The typical poorly educated middle class think that getting back a few hundred dollars extra each year is such a wonderful thing that we should let the rich get back a few million extra every year.
    Do you have any data that the middle class is poorly educated and therefore stupid? How about that all the rich get back millions? You need to stop with the broad brush.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by American View Post
    You need to stop with the broad brush.
    You mean something like this?

    <"So the effort of our troops was worthless? ">

    http://www.debatepolitics.com/breaki...ve-iraq-2.html
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  3. #253
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by American View Post
    Do you have any data that the middle class is poorly educated and therefore stupid? How about that all the rich get back millions? You need to stop with the broad brush.
    There are no brushes broader than those of the far right....and that is where most of the "conservatives" here reside.
    You want me to provide data when you have none of your own. 3 to 5 percent more taxes paid by the rich won't make them change all that much. They aren't that small minded or petty...
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  4. #254
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by UtahBill View Post
    There are no brushes broader than those of the far right....and that is where most of the "conservatives" here reside.
    You want me to provide data when you have none of your own. 3 to 5 percent more taxes paid by the rich won't make them change all that much. They aren't that small minded or petty...
    you are ignorant IF you think the tax hikes will mean those considered rich will only be paying 3-5% more taxes

    a hike from 35% to 39.6% is more than a 10% increase in the amount of taxes paid

    jacking the tax on dividend income from 15% to 39.6% is a huge increase which will more than double taxes on that source of income

    if someone is retired and mainly lives off of investments-their taxes could more than double

    its easy to always dismiss what others have to pay when it does not affect you



  5. #255
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by UtahBill View Post
    There are no brushes broader than those of the far right....and that is where most of the "conservatives" here reside.
    You want me to provide data when you have none of your own. 3 to 5 percent more taxes paid by the rich won't make them change all that much. They aren't that small minded or petty...
    What evidence is there that the impact will be so minimal? I mean, if they won't really act differently, why not jack it up 60 or 70 percent?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

  6. #256
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by TurtleDude View Post
    you are ignorant IF you think the tax hikes will mean those considered rich will only be paying 3-5% more taxes

    a hike from 35% to 39.6% is more than a 10% increase in the amount of taxes paid

    jacking the tax on dividend income from 15% to 39.6% is a huge increase which will more than double taxes on that source of income

    if someone is retired and mainly lives off of investments-their taxes could more than double

    its easy to always dismiss what others have to pay when it does not affect you
    Retirees living off investment income? a minority, for sure, unless you count tax deferred accounts, and THOSE are taxed as regular income....I suppose Warren Buffet will feel the pinch, but he can take it...
    Oracle of Utah
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  7. #257
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by RightinNYC View Post
    What evidence is there that the impact will be so minimal? I mean, if they won't really act differently, why not jack it up 60 or 70 percent?
    IF their income is up in the multi-millions, go for it....it's not like they will SUFFER in any way.
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  8. #258
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by UtahBill View Post
    IF their income is up in the multi-millions, go for it....it's not like they will SUFFER in any way.
    That's very different from the rationale you were referring to.
    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: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    Why is it so important to you what someone else pays in taxes and why would you want more of your dollars to go to politicians in D.C.?
    Because they are the ones that have provided me with a decent education, enforcement of the rule of law, and protection of my rights and property. I care what other people pay because the extent to which it costs you should be proportional to the extent to which you benefited from it.

    Regardless of the amount, how does raising taxes employ people?
    It doesn't, which is why I don't support a full repeal of the Bush Tax Cuts right now. However, I don't feel a partial repeal would hurt and down the road a full repeal would make a huge impact in trying to pay off the debt.
    The urge to save humanity is almost always a false front for the urge to rule it.

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by cpwill View Post
    some will, yes. certainly not to the point where you would see a drop in revenues (unless you also increased the capital gains tax and destroyed investment, which is far more sensitive), but some absolutely will.
    I'm willing to take my chances.
    The urge to save humanity is almost always a false front for the urge to rule it.

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