View Poll Results: Where do you land?

Voters
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  • I am wealthy, and favor tax hikes for the wealthy

    9 10.34%
  • I am not wealthy, and favor tax hikes for the wealthy

    32 36.78%
  • I am wealthy, and against tax hikes for the wealthy

    0 0%
  • I am not wealthy, and against tax hikes for the wealthy

    34 39.08%
  • Other

    12 13.79%
  • Unsure

    0 0%
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Thread: Where do you land

  1. #81
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    Re: Where do you land

    Quote Originally Posted by Harry Guerrilla View Post
    We need more people to work, to fund the entitlement programs for the elderly.
    Married people produce more kids, generally speaking.
    Not a good enough reason to subsidize it. Rather than indirectly trying to get people to change their childbearing behavior through tax incentives (which will be a net negative for the government for at least 18 years), we can bring in more legal immigrants right NOW.
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  2. #82
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    Re: Where do you land

    Quote Originally Posted by JohnWOlin View Post
    As much as it sucks, I believe eventually we will all need tax hikes, at least to Clinton era rates. However, I believe it should be slowly done over a 8-12 year period starting with a new tax bracket on the billionaire, then millionaire, then go down to 250K and above, then the upper middle class, middle class, working class, and then poor. However I am also in favor of "regressive" social security taxes meaning the more you make the less you have to pay. So if the billionaire is paying 40% of his earnings federally, he is paying 5% or less into social security. If the poor is paying 10% of his earnings and I think and I think should only get a certain percentage back at the end of the year and it SHOULD NOT get ANY back for state and local taxes he should also pay much more into Social Security as a percentage than a billionaire.
    Regressive Social Security tax is what we have now. Havenít you ever earned enough that you stop paying SS tax for the rest of the year? I retired at 55. It turned out for me that if I had worked for another 7 years, my SS check would now be less that $10 a month more. And, if you earn less during your life your SS check is smaller. Isnít that regressive enough?

    BTY, I'd go with the other parts of your plan! Believe it or not.

  3. #83
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    Re: Where do you land

    Quote Originally Posted by BDBoop View Post
    Let 'em go. It's not like they're contributing. I refuse to respond to fear tactics.
    Great! A state, in the red with deficits and gasping for higher revenue will suddenly see an emigrating population, especially among those most able to pay higher taxes. The actual result is not exactly what you had in mind.

  4. #84
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    Re: Where do you land

    Quote Originally Posted by ElijahGalt View Post
    Great! A state, in the red with deficits and gasping for higher revenue will suddenly see an emigrating population, especially among those most able to pay higher taxes. The actual result is not exactly what you had in mind.
    Both the state and the general population are going to sink into poverty and debt, anyway. You're not losing anything.
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  5. #85
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    Re: Where do you land

    When a person is rich, they are the ones getting the most from our economic system. As a simple value proposition, they should be willing to pay more for the system that's been so good to them.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
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    Too bad we have to observe human rights.

  6. #86
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    Re: Where do you land

    Quote Originally Posted by Bardo View Post
    Where do they move?

    If federal income tax rates are increased are they going to move to Mexico?

    And you say "massive tax hike" like everyone's talking about a massive tax hike or something.
    I was actually referring to state implemented tax hikes, like New York's Millionaires Tax. Seems like everyone wants to relocate to Texas or other red states in the Midwest these days. Texas, alone, is doing significantly better than most other states. Yet, their tax rate is significantly lower and they've created something like 40% of all new American jobs since summer of 09.


    And it is, indeed, possible for wealthy Americans to move out of America completely because, or in significant influence of economic factors. The wealthiest of Americans are usually those in charge of millions of jobs. It's part of the reason (in my opinion) that they've decided to take this money and put it some where else. That is why GE received a hefty tax return instead of paying their "fair share." Can we say flat tax?

  7. #87
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    Re: Where do you land

    Quote Originally Posted by ElijahGalt View Post
    Great! A state, in the red with deficits and gasping for higher revenue will suddenly see an emigrating population, especially among those most able to pay higher taxes. The actual result is not exactly what you had in mind.
    Do you have a link that proves this with statistics? There are plenty of wealthy people willing to pay higher taxes who wouldn't leave a state because of it so I'm not inclined to accept your argument. And if you're arguing that a significant amount of people would leave the entire country b/c of higher taxes, then that's ridiculous.

  8. #88
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    Re: Where do you land

    Quote Originally Posted by Harry Guerrilla View Post
    We need more people to work, to fund the entitlement programs for the elderly.
    Married people produce more kids, generally speaking.

    Home mortgage interest deduction mostly benefits wealthier people.
    On the whole, I see no real need for the state to subsidize these behaviors. Immigration is a better tool to solve the population demographic problem than getting people (often ****ty parents) to make more babies.
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  9. #89
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    Re: Where do you land

    Quote Originally Posted by Kandahar View Post
    Yep, that's a very good rationale for a small government approach...at the state level. But whereas (I'm assuming) you see that as a model for the federal government to emulate, I see it as a good reason for a stronger federal government, to make up for the relative dearth of spending that inevitably will occur at the state level. It's harder to move to another country than to move to another state, and most people have no desire to do so even if they're paying more taxes in this country than elsewhere.

    To answer the poll question: Yes, I support higher taxes on the wealthy. It's not a matter of "class warfare," it's a matter of the federal government being able to pay its bills. And it makes more sense to tax people who actually HAVE money to tax, than to tax people who don't.
    We have BOTH a spending problem and a tax problem. The spending problem is obvious, we're spending far more than we can afford on reckless, wasteful, and unconstitutional entitlement programs. The problem with the tax system is that it is 55,000 pages long, possibly 54,975 too long. It is convoluted and polluted with special interest pork and expensive. To pay off the bills, as you say, would be to drastically cut spending while reforming the tax code so that it becomes as similar to a flat rate as possible.

    And a decentralized United States based on the self-determination of citizens is a populist cause. It's the people's government and the perfect example of a bottom-up model of self-governing. I'm not proposing succession should be legal and tolerated, but that the rights of individual states are far too wide than is commonly accepted. The federal government has overtaken control in so many aspects of our lives and even the lives of people in other countries. It is absolutely unnecessary, harmful, and unconstitutional.

  10. #90
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    Re: Where do you land

    Quote Originally Posted by Harry Guerrilla View Post
    If I remember correctly, the whole idea was started when the early progressives believed in the separation of the classes.
    ... and wanted to prevent that. It was more of an oligarchical thinking that created a separation of the classes. That's been around forever.
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