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

  1. #521
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by winston53660 View Post
    TD will cry like a little baby.
    Good enough reason for me right there!
    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 Catawba View Post
    Good enough reason for me right there!
    given the number of threads that have been started in the last 6 months whining about the rich, the obvious whiners and criers are not those who support free markets and wealth accumulation but rather the butt hurt egalitarian welfare socialists



  3. #523
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by TurtleDude View Post
    given the number of threads that have been started in the last 6 months whining about the rich, the obvious whiners and criers are not those who support free markets and wealth accumulation but rather the butt hurt egalitarian welfare socialists
    I actually only 3 of us here are socialists. Liberals love the free market.... Please continue tho TurtleDude you never answered my question if the riches taxes are raised what is going to happen?


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

    Quote Originally Posted by TheDemSocialist View Post
    if the riches taxes are raised what is going to happen?
    Well, I would think that the first thing that would happen is that the wealthy would pay the taxes. I think they would pay their taxes just like the 47% who currently pay no income taxes would pay their taxes if they had to pay an income tax. Second, depending on the amount of the tax increase, it would probably cause harm to the employment picture as some of the "wealthy" are probably going to have to lay off a person or two so they don't have too much of a negative impact on their own life. Third, depending on how many people were let go because of the tax hikes, the government probably would not receive the amount of money they anticipated as some would no longer be paying taxes. Fourth, the deficit might increase because the amount of revenue might be lowered and the expenses might increase due to unemployment insurance. Fifth, there may be less money available to purchase goods; therefore, retail sales may decline and further harm our already fragile economy.

    That's a few things that could happen.

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

    Quote Originally Posted by TurtleDude View Post
    given the number of threads that have been started in the last 6 months whining about the rich, the obvious whiners and criers are not those who support free markets and wealth accumulation but rather the butt hurt egalitarian welfare socialists
    No one, I repeat, no one, whines like you do.

    Here is just a smattering of some of your golden oldie have-pity-on-the-rich whines:


    "everyone who is honest knows that death tax is a common description of your favorite tax that loots the estates of those who have already paid massive amounts of income tax upon their deaths"
    "If we have an income tax, groups should pay about the same part of the burden as their share of the income. That at least has a semblance to fairness"
    "the top one percent pay the highest rate on like income. Most of those in the bottom 90% do not"
    "the top one percent pay a higher share of the income tax burden now than at any time in the last 70 years."
    "If you want the rich to have no cap on earned income the rich should receive much higher benefits then"
    "The top 5% pay more of the income tax than the other 95% combined."
    "the wealthy pay far too much of the income taxes because they cannot outvote those who pay less and want more and more government."
    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 LesGovt View Post
    Well, I would think that the first thing that would happen is that the wealthy would pay the taxes. I think they would pay their taxes just like the 47% who currently pay no income taxes would pay their taxes if they had to pay an income tax. Second, depending on the amount of the tax increase, it would probably cause harm to the employment picture as some of the "wealthy" are probably going to have to lay off a person or two so they don't have too much of a negative impact on their own life. Third, depending on how many people were let go because of the tax hikes, the government probably would not receive the amount of money they anticipated as some would no longer be paying taxes. Fourth, the deficit might increase because the amount of revenue might be lowered and the expenses might increase due to unemployment insurance. Fifth, there may be less money available to purchase goods; therefore, retail sales may decline and further harm our already fragile economy.

    That's a few things that could happen.
    It sounds like you are describing exactly what had already happened with the combination of deregulation and the Bush tax cuts, find a new tune we have heard that one, taxes should be raised dramatically "60 to 70%"on any company that has relocated more then 40% of their workforce, Instead of giving tax payer dollars to companies relocating overseas we should impose high import taxes on them

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

    Quote Originally Posted by EarlzP View Post
    It sounds like you are describing exactly what had already happened with the combination of deregulation and the Bush tax cuts, find a new tune we have heard that one, taxes should be raised dramatically "60 to 70%"on any company that has relocated more then 40% of their workforce, Instead of giving tax payer dollars to companies relocating overseas we should impose high import taxes on them
    I see you love tyranny.

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

    Quote Originally Posted by TheDemSocialist View Post
    I actually only 3 of us here are socialists. Liberals love the free market.... Please continue tho TurtleDude you never answered my question if the riches taxes are raised what is going to happen?
    welfare socialist is a different creature than hard core socialists



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

    Quote Originally Posted by EarlzP View Post
    It sounds like you are describing exactly what had already happened with the combination of deregulation and the Bush tax cuts, find a new tune we have heard that one, taxes should be raised dramatically "60 to 70%"on any company that has relocated more then 40% of their workforce, Instead of giving tax payer dollars to companies relocating overseas we should impose high import taxes on them
    economic reality is at odds with your emotional driven desires to punish companies



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

    Quote Originally Posted by Catawba View Post
    No one, I repeat, no one, whines like you do.

    Here is just a smattering of some of your golden oldie have-pity-on-the-rich whines:
    not only is this an obsession it also is dishonest. The fact is that this board crawls with threads started by envious whiners about the rich and that I counter those many threads is hardly signs I am whining. Rather what you have quoted is accurate and I doubt you can rebut what I have said-such as my assertion that the rich pay a higher share of the income tax burden now than at any time in the last 70 years

    That you have a bash the rich swarm is amusing-I could do the same massive quote thing with You and every member of the hate the rich posse.
    Last edited by TurtleDude; 08-30-11 at 06:34 PM.



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