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Thread: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by TurtleDude View Post
    The pseudo-intellectual liberals who make up the majority of the left on this board have a stock reply that the rich should just bend over and take it. However, reality suggests that rich people tend to leave when they are gouged too much which is why Sweden's famous tennis stars of the 70s and 80s all lived in Monte Carlo as did some of the German pros like Boris Becker. I know, personally, 5 millionaires who have established residences in places such as the Turks and Cacos or Grand Cayman to prevent the death tax from raping their estates. Now some of the less thoughtful libs will say "good riddance" but as this happens more and more the amount of net tax payers decrease which will cause the parasite mindset to demand others who remain pay more and more


    it is a system that cannot continue to exist for long
    What are you on about? The rich are making a killing, income inequality is up significantly.

    Isn't this what you want?

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by SirPwn4lot View Post
    What are you on about? The rich are making a killing, income inequality is up significantly.

    Isn't this what you want?
    That is not relevant to my point. The "rich" are also paying the greatest share of the income tax ever. Taxing the rich isn't going to make the unproductive better able to compete in a global economy. Making failure or mediocrity more comfortable is what our major problem is. Its not the rich who prevent others from being competitive. its not "low" tax rates on the rich that cause sloth and dependence. what causes such deleterious behaviour is a political system that rewards it



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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by SirPwn4lot View Post
    What are you on about? The rich are making a killing, income inequality is up significantly.

    Isn't this what you want?
    Do you think income redistribution is the answer? This country wasn't built on the principles of income redistribution which many on the left seem to support. How does income redistribution affect incentive and creativity? How much of your income do you give to others?

    There are no Tax cuts here, the discussion is about extending the current RATES or RATE HIKES.

    The top 1% of wage earners make 20% of all income and pay 38% of all taxes.
    The top 5% of wage earners make 34.7% of all income and pay 58.7% of all taxes.
    The top 10% of wage earners make 45.8% of all income and pay 69.9% of all taxes.

    The bottom 50% make 12.8% of all income and pay 2.7% of all taxes.

    Currently approximately 47% of all Americans pay nothing and actually get money back making their tax rate negative.

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by Conservative View Post
    Do you think income redistribution is the answer? This country wasn't built on the principles of income redistribution which many on the left seem to support. How does income redistribution affect incentive and creativity? How much of your income do you give to others?

    There are no Tax cuts here, the discussion is about extending the current RATES or RATE HIKES.

    The top 1% of wage earners make 20% of all income and pay 38% of all taxes.
    The top 5% of wage earners make 34.7% of all income and pay 58.7% of all taxes.
    The top 10% of wage earners make 45.8% of all income and pay 69.9% of all taxes.

    The bottom 50% make 12.8% of all income and pay 2.7% of all taxes.

    Currently approximately 47% of all Americans pay nothing and actually get money back making their tax rate negative.
    a group that makes 22% of the income should pay only 22% of the income tax to be fair



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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by Conservative View Post
    Do you think income redistribution is the answer? This country wasn't built on the principles of income redistribution which many on the left seem to support. How does income redistribution affect incentive and creativity? How much of your income do you give to others?

    There are no Tax cuts here, the discussion is about extending the current RATES or RATE HIKES.

    The top 1% of wage earners make 20% of all income and pay 38% of all taxes.
    The top 5% of wage earners make 34.7% of all income and pay 58.7% of all taxes.
    The top 10% of wage earners make 45.8% of all income and pay 69.9% of all taxes.

    The bottom 50% make 12.8% of all income and pay 2.7% of all taxes.

    Currently approximately 47% of all Americans pay nothing and actually get money back making their tax rate negative.
    The bill that was signed by President Bush put into law that the cuts would expire this year. Legislatively we are debating a tax cut. Inaction results in a tax increase, THIS is the default.

    I support a progressive tax system, what can I say :P

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by SirPwn4lot View Post
    The bill that was signed by President Bush put into law that the cuts would expire this year. Legislatively we are debating a tax cut. Inaction results in a tax increase, THIS is the default.

    I support a progressive tax system, what can I say :P
    I do not for two reasons. One is my concept of fairness which is objectivist. The second is the fact that a progressive tax system ultimately will collapse



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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by SirPwn4lot View Post
    The bill that was signed by President Bush put into law that the cuts would expire this year. Legislatively we are debating a tax cut. Inaction results in a tax increase, THIS is the default.

    I support a progressive tax system, what can I say :P
    You could say what most of us know, you want to penalize individual wealth creation and promote redistribution of their wealth. That makes you a radical leftwing liberal/progressive

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by Conservative View Post
    You could say what most of us know, you want to penalize individual wealth creation and promote redistribution of their wealth. That makes you a radical leftwing liberal/progressive
    I think lots of people who aren't radical leftwingers support a progressive tax because it empowers them to vote up the taxes of others. It appeals to those lower on the economic food chain who might not be all that radical but feel a need to punish those above them or demand others carry their share of the load. Its like those who abuse servers in a restaurant. You rarely see a corporate hot shot or some partner at a big law firm be a jerk towards a server. its usually the bottom of the foodchain types who feel a need to boss someone around. I know, I used to live with a TGIF server and I would observe diners constantly. The most abusive were not say the millionaire owner of a nearby auto dealership or Jerry Springer (yeah he used to come there alot) or the County Clerk of Courts who had 300 people who owed their jobs to him.



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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by TurtleDude View Post
    I think lots of people who aren't radical leftwingers support a progressive tax because it empowers them to vote up the taxes of others. It appeals to those lower on the economic food chain who might not be all that radical but feel a need to punish those above them or demand others carry their share of the load. Its like those who abuse servers in a restaurant. You rarely see a corporate hot shot or some partner at a big law firm be a jerk towards a server. its usually the bottom of the foodchain types who feel a need to boss someone around. I know, I used to live with a TGIF server and I would observe diners constantly. The most abusive were not say the millionaire owner of a nearby auto dealership or Jerry Springer (yeah he used to come there alot) or the County Clerk of Courts who had 300 people who owed their jobs to him.


    I agree, it is always easier supporting cost increases to others which is why I continue to post the tax data from the IRS showing 47% of the people didn't pay any Federal Income taxes last year. Obviously those 47% don't really care about the affects of higher taxes on someone else as it doesn't affect them. Liberals are always talking about the selfishness of someone else while ignoring their own.

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by Conservative View Post
    I agree, it is always easier supporting cost increases to others which is why I continue to post the tax data from the IRS showing 47% of the people didn't pay any Federal Income taxes last year. Obviously those 47% don't really care about the affects of higher taxes on someone else as it doesn't affect them. Liberals are always talking about the selfishness of someone else while ignoring their own.
    Oh I agree with that. One of the secretaries in my office is your typical gen x slacker who is an unmarried female with a slacker live in boy friend. she used to blather that it was ok for people who made more of her to pay far more because she didn't like having to pay any taxes herself. she isn't a radical, just someone who ever grew up



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