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Do The Rich Need Saving?

Do The Rich Need Saving?


  • Total voters
    54
Interesting concept. How will you go about it?

By getting the Communists out of the government and thereby getting the government the hell out of the way of the private sector.
 
By getting the Communists out of the government and thereby getting the government the hell out of the way of the private sector.

You're going to China? Cuba? Where? There are no communist in our government. :coffeepap
 
We're not now. I do wish you guys were more original. :coffeepap

No, not now, but Obama and his regime are working hard to take us in that direction. Thank God that most American see that and are going to vote his ass out next year.
 
Allow one unfair thing to happen to someone else and the next unfair thing may happen to you. I would not call for them to be taxed any more than I because I would not want to be unfairly taxed either.
IMO, a 90% tax on all income over 100K is justified, fair or not.....OK, this is extreme....make that 200K $.
That should help balance the budget...
Help only, of course, we must bring home our money.
I think the progressive tax scale is good, but the rates should never have been changed, as they have been under Reagan and other Presidents who curry favor from the rich.
But, IMO, this is but a part of the problem.
Too many years of trade deficits have drained the wealth of the middle class and have created a larger "poor class".
Our money is in the OPEC nations, China, Mexico, Japan, Germany, anyplace but home...
 
Yes. I agree. They just stole a lot of stuff from AT&T's government funded research contract for computing, and went on from there. They're just pirates who mostly buy or steal developments from other people. Gates didn't even have an OS when he sold one to IBM.

So, how does Gates being worth $40 billion from a monopoly help the economy, exactly?
One man hogging all the money, at first look, helps NOT our economy.
But there must be a lot more to this......
For our economy to be "good", the people must learn NOT to waste.
An example of waste is the working man of 50 years ago drinking up his generous pay check every week rather than investing in his family's future..
What we need now is a computerized low emissions coal fired heat unit for our homes.....one example....nore "low emissions", NOT "no emissions".
Another example is our nations "health".
There are far too many fatties around....IMO, its a mental thing.....people do not like themselves.....
 
No, not now, but Obama and his regime are working hard to take us in that direction. Thank God that most American see that and are going to vote his ass out next year.

Funny,but unoriginal. Inaccurate and false as well. But, never getin the way of a good delusion I always say. :coffeepap
 
What does progressive tax system have to do with anything in this poll? Does a progressive tax system supposed to save the rich? No....


Oh great here we go... If someones taxes are higher than the others the right found a new word for it its called "class war" now apparently... Just like with the rich the right now uses the word "job creators" now... Sooo lame...

Who creates the jobs, if they don't?
 
Who creates the jobs, if they don't?

Need creates jobs. Where there is a need, someone will meet that need. The wealthy do not need to be worshiped or cowtowed to.They are citizens like everyone else.Citizens who benefit mostfrom our government. Having them pay more is simply fair.
 
Who creates the jobs, if they don't?

two things here
1) this whole "job creators" nonsense is a scam giving Republicans a new word of the week which they can use to replace RICH and WEALTHY which do not play well. Just like during the Gingrich era, GOP thought molders came up with the neologism of DEATH TAX instead of the actual term ESTATE TAX because they thought it would play better politically with the non rich.

2) Some wealthy are indeed job creators. Some are not job creators. To call an entire class of RICH people JOB CREATORS is a blatant lie and obvious political manipulation based on dishonesty.
 
Yes. I agree. They just stole a lot of stuff from AT&T's government funded research contract for computing, and went on from there. They're just pirates who mostly buy or steal developments from other people. Gates didn't even have an OS when he sold one to IBM.

So, how does Gates being worth $40 billion from a monopoly help the economy, exactly?

Conspiracy theory.
 
two things here
1) this whole "job creators" nonsense is a scam giving Republicans a new word of the week which they can use to replace RICH and WEALTHY which do not play well. Just like during the Gingrich era, GOP thought molders came up with the neologism of DEATH TAX instead of the actual term ESTATE TAX because they thought it would play better politically with the non rich.

2) Some wealthy are indeed job creators. Some are not job creators. To call an entire class of RICH people JOB CREATORS is a blatant lie and obvious political manipulation based on dishonesty.

It's a rhetorical technique used to anchor an idea. Not original,but often effective.
 
two things here
1) this whole "job creators" nonsense is a scam giving Republicans a new word of the week which they can use to replace RICH and WEALTHY which do not play well. Just like during the Gingrich era, GOP thought molders came up with the neologism of DEATH TAX instead of the actual term ESTATE TAX because they thought it would play better politically with the non rich.

2) Some wealthy are indeed job creators. Some are not job creators. To call an entire class of RICH people JOB CREATORS is a blatant lie and obvious political manipulation based on dishonesty.

Yeah, it fails miserably to address all those rich Hollywood actors who are guilty about their wealth and therefore want to be taxed into poverty.

And the fact that the "job creatoriest" of all make a huge part of their wealth gambling on currency and speculating on various commodities and any number of other things that have little or nothing to do with job creation.
 
two things here
1) this whole "job creators" nonsense is a scam giving Republicans a new word of the week which they can use to replace RICH and WEALTHY which do not play well. Just like during the Gingrich era, GOP thought molders came up with the neologism of DEATH TAX instead of the actual term ESTATE TAX because they thought it would play better politically with the non rich.

2) Some wealthy are indeed job creators. Some are not job creators. To call an entire class of RICH people JOB CREATORS is a blatant lie and obvious political manipulation based on dishonesty.


They are paying some of the least taxs ever and wheres the jobs...oops 9.5 unemployment...and where are the jobs that they have created, well in china of course.

Taxs and job creation are not entertwined thats a talking point excuse
 
They are paying some of the least taxs ever and wheres the jobs...oops 9.5 unemployment...and where are the jobs that they have created, well in china of course.

Taxs and job creation are not entertwined thats a talking point excuse

You mean the 90.5% of the workforce that is working?
 
You mean the 90.5% of the workforce that is working?

Does saying "welcome to wal mart" for nine bucks an hour for twenty hours a week qualify as "working" when you formerly had a good job working full time making 50K per year plus benefits?
 
You mean the 90.5% of the workforce that is working?


Deduct public workers that the teaparty HATES so deeply and underemployed part timers and there isnt 50% of the private sector working...but the chinese are doing just fine...so well matter of fact our good corporate rich guys took them from eating dog and cat to being a superpower that will threaten our existence in the future and owns a trillion of OUR debt...how frickin cool is that
 
Many folks around here seem so very concerned about the rich folks, their money and the taxes they have to pay.

So I ask the folks here do we really need to be worried about rich folks having to pay too much tax? Are you gonna sleep less at night worrying about tax burdens of the rich?

For the rich folks here at DP? Sorry if I offend you.

The rich should be treated like every other person in this country. They should be left alone to do what they want to do. They should NOT be targeted with some ambiguous "pay their fair share" nonsense. If there are too many tax loopholes, close the loopholes. What pisses me off is the entitled feeling some people have that the rich OWE someone else because they have more and others have less. Perhaps those who have less should get some guts and ambition to get rich. :shrug:
 
Perhaps those who have less should get some guts and ambition to get rich. :shrug:
No thread is ever complete without a bit of delusion and hackery.
 
Perhaps those who have less should get some guts and ambition to get rich. :shrug:

Not everyone can become rich though. I forget the stat, but there was a study done some time ago in which a survey showed that something like 8 or so % of the population thought they were in the top 1% of the income bracket and another 15 or so % thought they'd be in the top 1% within their life time. But only 1% of those earning income can be in the top 1% of the income bracket. Furthermore, with the withering of the middle class thanks to the mixing of State and Corporation, fewer and fewer people can get rich. A large, healthy middle class is necessary for economic mobility. It's not closed off yet, some people can and perhaps will become rich. But it's becoming less and less common. With the closure of economic mobility and the appearance of the new aristocracy, we're going to see less (not more) economic mobility. It's not a zero sum game, but not everyone can win either.
 
And the tax shelters are bad? I'm sorry, but I'm not about to try and skewer the "rich" anymore when the top 1% of America in terms of wealth pay more in taxes than the bottom 95%. America has the largest overall tax rate in the modern world. So, while the rich may not need "saving", they don't need a bunch of Robin Hoods running around, trying to act like they know how to spend their money better than they do.

Where are you getting your information that America has the largest overall tax burden.

According to the OECD, we have the third lowest tax to GDP ratio.
List of countries by tax revenue as percentage of GDP - Wikipedia, the free encyclopedia

Even according to the Heritage Foundation (a conservative think tank), our tax to GDP ratio is much lower than most of our developed world counterparts at 26.9% (including state and local taxes). Compared to the UK (39%), Canada (32.2%), Germany (40.6%), and France (46.1%) we have a very low tax burden.

In terms of American history, our tax burden right now is incredibly low. This belief that American taxes right now are somehow ridiculously high doesn't pan out when applied to facts.
 
Where are you getting your information that America has the largest overall tax burden.

According to the OECD, we have the third lowest tax to GDP ratio.
List of countries by tax revenue as percentage of GDP - Wikipedia, the free encyclopedia

Even according to the Heritage Foundation (a conservative think tank), our tax to GDP ratio is much lower than most of our developed world counterparts at 26.9% (including state and local taxes). Compared to the UK (39%), Canada (32.2%), Germany (40.6%), and France (46.1%) we have a very low tax burden.

In terms of American history, our tax burden right now is incredibly low. This belief that American taxes right now are somehow ridiculously high doesn't pan out when applied to facts.


and yet the left thinks the only people who should have their tax burden increased is the one group that actually pays more than its fair share
 
I don't worry or even ponder over such things. The rich are rich for three reasons. They either inherited family money, or they worked their tails off to get that way and made some very good investments along the way. Or they invested in a lottery ticket where they came out mega winners. When they get hit with exhorbitent taxes, rest assured, they find all sorts of loopholes to make the pain easier. They are well versed in manuevering the tax system to aid them in their endeavors to remain wealthy. They have the best tax attorneys at their beck and call. So what's to worry about?
 
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