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

  1. #491
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by LesGovt View Post
    So you want to increase the prices to American consumers and drive more companies to flee the U.S. Oh, okay.



    $3 trillion over 10 years of the Bush Tax cuts went to non-wealthy. $700 billion went to those earning over $250k per year. I say, let's rescind all of those taxes and then cut spending 10 to 1 for ever dollar of tax increases. Let's see $3.7 trillion times 10 = $37.0 trillion dollars over the next ten years, pluse the $3.7 in increased taxes = $40.7 trillion. Cool! Let's do it!



    What do you consider speculating? Is investing in a 401k speculating? Is buying stock in Apple Computer speculating? Is buying a Treasury Bill speculating? Is locking in a price when you know the market is going to go up, speculating? Please let us know. Thanks.
    You are responding to post I did not write , check post#487.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by presluc View Post
    You are responding to post I did not write , check post#487.
    Sorry. I am not sure how I did that, as I got it correct as Earl's and then ended up pasting your name and thread in it. Weird. Again, sorry for the error.

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

    Quote Originally Posted by David D. View Post
    What about the House of Representatives? We may not have a true democracy in the literal sense of the word, but what the point Iím making is that the Billionaire is going to have a much louder voice in crafting policy than the One-thousandaire, even if they live in the same city, same state.





    Les, these are exactly what campaign contributions are. Do you think Goldman Sachs gave Obama a million bucks in 2008 because they were move to tears by his ďYes We CanĒ speech? I donít think so. When corporations give money itís for a reason, and I also think the decisions of the largest corporations are generally controlled by those who are wealthiest in our country. Congresspeople want to get reelected and itís only natural to keep your largest donors in mind when voting. This is not to say that they donít have a free will and opinions of their own, just saying that money talks in many situations.





    Now you are over-generalizing.

    Do I think that every vote a congressperson makes is directly related to a bribe? Answer is no. Do I think that congresspeople at times (especially with a key vote that will affect the way business will be done in America) can be persuaded with outside money (legally) in one way shape or form Ė of course.

    Not saying itís evil, or itís a big conspiracy, just saying that itís human nature to look out for oneself and when the game is setup so that a congressperson can be manipulated through CASH one way shape or form, youíre gonna have problems
    .
    Sounds like something a socialist would promote.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by American View Post
    Sounds like something a socialist would promote.
    Socialists promote Billionaires with loud voices?

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

    Quote Originally Posted by presluc View Post
    The boys in D.C. ,Wall Street or the CEOS of corporatins may not know this but bottom line there are a lot of pissed off people out here.
    I'm not the only one that has went from buying American products to foreign products.
    I look forward to the revolution at the voting booth next November, when the working class get rid of those working against their interests.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by American View Post
    Sounds like something a socialist would promote.
    It only sounds that way to fascists.
    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 presluc View Post
    McCain said he was against the government interfering with corporations , you say you are against bailouts.
    We both know who supports bailouts , the same ones that support tax cuts , we both know who started that.
    McCain was not elected, Obama was. Neither Bush nor Obama has handled the financial mess correctly.

    Quote Originally Posted by presluc View Post
    At the sound of being repitious the old minimize regulations and taxes was stated in 2000.
    Where is America today after following that logic?
    The program I have offered here was not tried by Bush and certainly not by Obama.

    Quote Originally Posted by presluc View Post
    No, not repitition FACT, fom 2000 till 2008 numbers don't lie.1999 + 2008 BIG MINUS
    I'm not sure what this refers to, but if it had to do with employment, jobs went up after Bush the tax cuts.

    Quote Originally Posted by presluc View Post
    Unlike the rich the working class are willing to pay higher taxes if they have a fair income based on a job.
    The American people are not stupid you think the only state tax going up out here is on cigarttes what about property taxs rent, food.
    I certainly have not said that the American people are stupid. Beyond that, I don't understand your comment.

    Quote Originally Posted by presluc View Post
    So let me get this straight the corporations depend on money from the American worker but they want the government to furnish the jobs, sounds like a backdoor bailout to me I thought you were aganst bailouts.
    If there were legitimate needs for the government to hire people, it would not be a bailout. I have no idea how you have read into anything I have said that would lead you to believe that I favor handouts in providing government jobs.

    Quote Originally Posted by presluc View Post
    Where is employment now?
    Not doing well since the financial mess hit.

    Quote Originally Posted by presluc View Post
    Both Reeagan and Bush talked about the same thing in the long term this will be good for America .
    Question; How much longer before the good gets to American workers?
    It won't as long as progressives/liberals stand in the way. Reagan, Bush, and Bush did not attempt what I am talking about.

    Quote Originally Posted by presluc View Post
    Ford is being outsold by Hyundia, no American Auto company has caught up with the Japanese sales in America since the 70's introduction of Honda, Toyato. check the sales numbers not the hype.
    Apparently, Americans prefer Japanese and South Korean cars. Don't look at me with that regards. I buy American.

    Quote Originally Posted by presluc View Post
    I said real budget cuts.
    I said it first.

    Quote Originally Posted by presluc View Post
    Jobs are already being lost everyday more jobs are being lost so whatever we're doing ain't working, except maybe for the rich.
    I agree. We need a President who knows how to create jobs.

    Quote Originally Posted by presluc View Post
    American corporations target American consumers no jobs no American consumers.
    I've already commented on this.

    Quote Originally Posted by presluc View Post
    When U.S investors start investing in foriegn products you'll know just check Wall Street.
    Okay.

    Quote Originally Posted by presluc View Post
    These many companies should be profitable using slave labor.
    And avoiding excessive taxes and regulations.

    Quote Originally Posted by presluc View Post
    I might question the management of any American coropration that outsources ove 30 % of their product to be built in anyplace but America.
    Be my guest. Question them. You might learn why they do it.

    Quote Originally Posted by presluc View Post
    Reality is reality.
    True.

    Quote Originally Posted by presluc View Post
    Please, not the old constitution dodge, ever check a little thing called the Patriot act?
    I don't recall saying anything about the Constitution in this discussion, but now that you bring it up, many things the Federal Government does is unconstitutional and possibly so is the Patriot Act. Donh't you want to follow the Constitution?

    Quote Originally Posted by presluc View Post
    If that's not enough, how about this ,
    If the government can tell me I have to be 50 ft. from the door of Walmart to smoke a cigarette or if te government can tell any volunteer that ask for charity for the salvation army at holidays can tell them they can't set up in the store.
    Then I would thinK that the federal government could put up a NO SOLICITORS ALLOWED SIGN
    Sorry, you lost me on this one. A city, county, or state government has the authority to enact legislation to ban smoking in certain areas. That falls under the Tenth Amendment. As for the No Solicitors sign, I have no problem with the Federal Government doing that. Of course, the going out of business sale should be going on at the same time.

    Quote Originally Posted by presluc View Post
    American corporations have foriegn workers so foriegn companies would have American workers and we would wish the American corporations luck on selling their products to a new foriegn based consumer., after all a job is a JOB.
    American workers don't care who they work for as long as they get paid.
    Well, many Americans do work for Mercedes, Honda, & BMW.

    Quote Originally Posted by presluc View Post
    Property taxes are not federal taxes they are state taxes?
    I take it you do not own a home. Yes, the property taxes are paid to the state.

    Quote Originally Posted by presluc View Post
    I thought we won the Civil war, after all that was for each state to be free, I mean this is the United States isn't it ?
    Keyword UNITED might want to look that up.
    Sorry, but you lost me again with this one.

    Quote Originally Posted by presluc View Post
    That sounds vagualy familar from the old read my lips no new taxes , to if the rich corporations had more it would trickle down to the not rich, or was it America has a strong Economy, maybe it's the new trend I'M GOING TO GET GOVERNMENT OUT OF YOUR POCKET AND OUT OF YOUR LIVES.
    Sorry same song differant lyrics and the same bull****.
    Can you tell me which President ended taxes for companies and slashed regulations? Answer: None.

    Quote Originally Posted by presluc View Post
    American firms competeing where?
    Worldwide.

    Quote Originally Posted by presluc View Post
    Name an industry I'll tell you where it's made and not in America if Chinese products are made in China and American products are made in China who's cometeingwith who if China sells their product they get profit if they don't they still get money from the labor working for American corporations
    American corporations will get benifits when they provide jobs not before.
    Technology, for one. The rest I have previously answered.

    Quote Originally Posted by presluc View Post
    Don't count on politicians to protect them with benefits in 2012 not if they like their jobs.
    The goal should be simple...JOBS.
    I'm with you on creating jobs. It appears that we are miles apart on how to create jobs.

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    Quote Originally Posted by Catawba View Post
    I look forward to the revolution at the voting booth next November, when the working class get rid of those working against their interests.
    What makes you think though, that the working class will effectively be able to identify those candidates?

    Also, how much of a choice do they really have with only two parties in control of our entire political system?

    Only two parties; blows my mind that we have 350mm US citizens and apparently only two political ideologies to chose from (both at polar ends) come election day. What gives?

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

    Quote Originally Posted by David D. View Post
    What makes you think though, that the working class will effectively be able to identify those candidates?

    Also, how much of a choice do they really have with only two parties in control of our entire political system?

    Only two parties; blows my mind that we have 350mm US citizens and apparently only two political ideologies to chose from (both at polar ends) come election day. What gives?
    There are many political parties, but just two of them seem to be popular with the people. And there are sharp divisions between the two. One side believes in science and one side doesn't. One believes supporting the tax cuts for the wealthy and spending that benefits them, and the other supports programs for the working class and the poor, and wants to eliminate the tax cuts for the wealthy.

    It is my hope that eventually there are third parties that are not too extreme to gain support with American people, or that eventually people become enlightened enough to support a green party. From what I've seen on the forums though, I'm not holding my breath.
    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

  10. #500
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by American View Post
    Sounds like something a socialist would promote.
    Actually socialists would promote the working place coming under that hands of the workers. The means of production and the work place would be ran democratically by the workers themselves. You know like a worker co-ops...


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