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Thread: What purpose did the tax cut for the wealthiest serve?

  1. #171
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by Bigfoot 88 View Post
    The government has nothing so it must take from somebody. That is theft.

    Is some theft necessary? Yes.

    But predetermined theft is the worst kind.
    Wow, what is with all the hatred of paying taxes? The wealthy would not benefit from a lawless society as there are always bigger fish in the sea .. one moment a wealthy man/woman thinks he/she is safe, the next moment he or she is killed by an even wealthier person ... still want to get rid of laws? It costs money to enforce them you know. It costs for the wealthy to transport as well and so on ... those living in a fantasy utopia made of no law have likely seen so much prosperity that there is nothing left that will make them happy. Therefore, they likely resort to going after the less fortunate in order to achieve some kind of sick satisfaction .. pathetic really.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by TurtleDude View Post
    If society discards individual rights for the "common good' then treating people fairly or equally goes down the toilet. people should be assigned to where their talents are most needed in such a fascist environment.
    I do not think anyone is arguing against talent to be used in natural ways. Instead, most are proposing equaling the playing field so that there is just a smidgen of equal opportunity.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by Catawba View Post
    "According to the Center On Budget and Policy Priorities the real reason why 47%-51% of Americans paid no federal income taxes in 2009 is,
    The 51 percent figure is an anomaly that reflects the unique circumstances of 2009, when the recession greatly swelled the number of Americans with low incomes and when temporary tax cuts created by the 2009 Recovery Act — including the “Making Work Pay” tax credit and an exclusion from tax of the first $2,400 in unemployment benefits — were in effect. Together, these developments removed millions of Americans from the federal income tax rolls. Both of these temporary tax measures have since expired."
    It's A Myth That 47% Of Americans Pay No Taxes, In Truth 86% Pay Taxes
    I see that you AGAIN failed to address the point - that the responsibility to 'contribute' to the society that provides you the benefits you gain from living here exists regardless of how hard it might be to contribute. Not a surprise.

    "According to a recently released IRS report, almost 1,500 of America's 230,000 millionaires avoided paying any federal income tax in 2009."
    Guessing you didn't actually read your cite...
    According to a recently released IRS report, almost 1,500 of America's 230,000 millionaires avoided paying any federal income tax in 2009.

    So how did they do it? Were they scamming the system? Evading the IRS? Stashing their cash in elusive off-shore, untraceable bank accounts?

    Actually, they were probably donating to charity, investing in local and state government bonds and making most of their money overseas.

    Most of the millionaires who did not pay income tax to the IRS probably still had to hand over a chunk of their change, just not to the U.S. government, said Roberton Williams, a senior fellow at the Tax Policy Center.

    Instead, many of America's high earners pay income taxes to foreign governments because of profits from overseas investments.

    "In most cases, they are paying taxes outside the U.S. and the federal government says, 'We are not going to double tax you. If you pay tax overseas and that's as much or more than you pay here, we aren't going to charge you more,'" Williams said.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by Catawba View Post
    How nice of you to change the subject. None of that changes the truth of what I posted - an almost unanimous Republican majority voted for both extending the Bush Tax cuts and the Iraq war while the majority of Democrats voted against both.
    I'm sorry that you don't like the fact that The Obama forced the extension of GWB's tax cuts for the rich... but your failure to address the point is still a failure to address the point.

    As far as entitlements go. SS has not contributed one dime to our debt.
    Until now, as it is currently in the red.
    And, of course, SS is only part of our entitlement spending.

    Medicare has the same problem private health insurance does....
    And thus, represents an unfunded increase in entitlement spending.

    That you can ignore a $500B unfunded increase in entitlement spendng - in just ONE year - when assigning blame for the deficts only denotes your extreme partisanship and inabaility to exercise any degree of intellectual honesty.

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    Re: What purpose did the tax cut for the wealthiest serve?

    More of the same whiny ****. Its not FAIR that the wealthy have succeeded and the poor and low income people are such dismal failures. Make the rich take care of them!

    Meanwhile...

    LONDON (AP) -- Britain must confront a culture of laziness, irresponsibility and selfishness that fueled four days of riots which left five people dead, thousands facing criminal charges and hundreds of millions in damages, Prime Minister David Cameron acknowledged Monday.

    As rival political leaders staked out their response to England's unrest, Cameron pledged to deliver a raft of new policies by October aimed at reversing the "slow-motion moral collapse" which he blames for fostering the disorder.

    "This has been a wake-up call for our country. Social problems that have been festering for decades have exploded in our face," Cameron told an audience at a youth center in Witney, his Parliamentary district in southern England. "Just as people last week wanted criminals robustly confronted on our street, so they want to see these social problems taken on and defeated."

    took em long enough to realize...the social services explosion has created a bunch of crippled and dependent pets and they sure do get uppity when someone starts cutting back on the free cheese. Whiny ****s. Stand up for once in your lives. Stop expecting others to provide for you.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by SypherAL View Post
    Was it Obama's policies that lead us into the first depression since the 1930's, or was it Republican policies?
    Depression?
    Really dude - after this bit of bigoted, partisan hyperbole, there's absolutely no reason to take you seriously.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by VanceMack View Post
    More of the same whiny ****. Its not FAIR that the wealthy have succeeded and the poor and low income people are such dismal failures. Make the rich take care of them!

    Meanwhile...

    LONDON (AP) -- Britain must confront a culture of laziness, irresponsibility and selfishness that fueled four days of riots which left five people dead, thousands facing criminal charges and hundreds of millions in damages, Prime Minister David Cameron acknowledged Monday.

    As rival political leaders staked out their response to England's unrest, Cameron pledged to deliver a raft of new policies by October aimed at reversing the "slow-motion moral collapse" which he blames for fostering the disorder.

    "This has been a wake-up call for our country. Social problems that have been festering for decades have exploded in our face," Cameron told an audience at a youth center in Witney, his Parliamentary district in southern England. "Just as people last week wanted criminals robustly confronted on our street, so they want to see these social problems taken on and defeated."

    took em long enough to realize...the social services explosion has created a bunch of crippled and dependent pets and they sure do get uppity when someone starts cutting back on the free cheese. Whiny ****s. Stand up for once in your lives. Stop expecting others to provide for you.
    So where did that editorial come from?

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by winston53660 View Post
    So where did that editorial come from?
    Multiple places... here's one:

    Cameron says UK riots show nation in ‘slow-motion moral collapse,’ Britain must reverse course - The Washington Post
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by PzKfW IVe View Post
    I see that you AGAIN failed to address the point - that the responsibility to 'contribute' to the society that provides you the benefits you gain from living here exists regardless of how hard it might be to contribute. Not a surprise.
    I addressed the point - you can't get blood out of a ****ing turnip!!! How the hell do you expect poor people to pay more taxes if they do not have a job????
    Where are all the jobs that trickle down economics was supposed to bring us???

    Guessing you didn't actually read your cite...
    Yes, I read the news article and I don't think it helps your case that rich people are investing their income overseas. Why the hell should we give them tax breaks if the money is not going to trickle down, in this country???
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by PzKfW IVe View Post
    I'm sorry that you don't like the fact that The Obama forced the extension of GWB's tax cuts for the rich... but your failure to address the point is still a failure to address the point.
    You want me to address your revisionist history? Very well, Obama did not force the extension of the GWB tax cuts for the rich, and a majority of Democrats voted against it. He did not want to further hurt the middle class by not extending the Bush tax cuts for the middle class, and to protect unemployment benefits for the jobless, as the GOP had publicly stated they were willing to block funding for unemployment benefits if they did not get to keep the tax cuts for the rich.

    Until now, as it is currently in the red. And, of course, SS is only part of our entitlement spending.
    Nope, you are wrong, the treasury department has said that SS is solvent until 2036. In order to make it solvent beyond that for the long-term, all that needs to be done is raise the FICA cap from the current $106,000 to $180,000.


    And thus, represents an unfunded increase in entitlement spending.
    We face an increase in health care spending, period. Whether it is through the government or through private insurance. Either way, until we address the root problem, the world's most expensive health care system, people are going to pay more for health care. The only way to address that root problem is to upgrade our health care system as the rest of the industrialized world has done.

    That you can ignore a $500B unfunded increase in entitlement spendng - in just ONE year - when assigning blame for the deficts only denotes your extreme partisanship and inabaility to exercise any degree of intellectual honesty.
    Are you aware that to pay for the unfunded wars that we decided to take money from SS to help pay for them instead of eliminating the tax cuts for the rich. Now its time to pay the piper, and the rich are going to have to give up their tax breaks to help pay it back.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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