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

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

    Quote Originally Posted by LesGovt View Post
    I'll keep this response short. Could you enumerate exactly what you would do to end companies going abroad and how you would bring down unemployment in the U.S.? Thanks.

    Huge tariffs on thier products produced abroad before they entire the country...just like most other countries do...hence our huge trade deficits
    Thats for starters...and give tax BREAKS only for the companies or division of the companies that are american employers...no tax cuts just in case you create a job....a nice tax cut AFTER you create the jobs

    Let me remind you LesGovt ..GE paid not only zero taxs on 15billion profit, they got a 300,000,000 tax credit and to show their appreciation they announced they are moving their xray division to china...to employ chinese ....thank you GE we dont need any jobs here...Proves taxs and regulations have nothing to do with job creation here...
    Last edited by lpast; 08-31-11 at 10:03 AM.

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

    Quote Originally Posted by Henrin View Post
    When people act like parasites I call them parasites. If you don't want to be called a parasite stop being one. The problem this country has is your plans has made them parasites against their will. Now they sit back expecting things from other people as if they deserve it. I feel sorry for the middle class and the poor because they have you on their back trying to make them feel weak.
    I have no pity for the rich that have sucked the life blood out of our economy. The government should total the wealth of each person worth more then 1 million dollars and take back 70% from anyone that has participated in the Wall Street ponzi schemes of derivatives markets and speculating

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

    Anyone ever heard of equality? Taxing the rich more smacks of pure Socialism, maybe Communism. "From each according to their ability, to each according to their needs".

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

    Quote Originally Posted by ALNative View Post
    Anyone ever heard of equality? Taxing the rich more smacks of pure Socialism, maybe Communism. "From each according to their ability, to each according to their needs".
    Equality? As in all incomes being equal? If they were so then we could tax them all the same. But they are not. All incomes are not equal.
    Last edited by haymarket; 08-31-11 at 11:52 AM.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by lpast View Post
    Huge tariffs on thier products produced abroad before they entire the country...just like most other countries do...hence our huge trade deficits
    Thats for starters...and give tax BREAKS only for the companies or division of the companies that are american employers...no tax cuts just in case you create a job....a nice tax cut AFTER you create the jobs

    Let me remind you LesGovt ..GE paid not only zero taxs on 15billion profit, they got a 300,000,000 tax credit and to show their appreciation they announced they are moving their xray division to china...to employ chinese ....thank you GE we dont need any jobs here...Proves taxs and regulations have nothing to do with job creation here...
    Let me start with you last error first. GE did not move its x-ray division to China. It is still in Milwaukee. They did send a small portion to China as China is a large developing market for which they wanted to compete.

    Who are you referring to when you say "Huge tariffs on their products..."

    Next, GE has tens of thousands of American employees. I take it you would give them a tax break. I would not tax them at all and I would lessen the regulations. You need to explain your program a bit more completely as I am not sure how your program answers my questions.

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

    Quote Originally Posted by haymarket View Post
    Equality? As in all incomes being equal? If they were so then we could tax them all the same. But they are not. All incomes are not equal.
    Ah, the equal results argument over the equal opportunity argument. Got it.

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

    Quote Originally Posted by EarlzP View Post
    I have no pity for the rich that have sucked the life blood out of our economy. The government should total the wealth of each person worth more then 1 million dollars and take back 70% from anyone that has participated in the Wall Street ponzi schemes of derivatives markets and speculating
    Unbelievable. No wealthy person ever held my wife and me back from moving from rags to suits and gowns. Maybe you worry too much about the "rich." Perhaps, if you spent more time ensuring that you were the best person you could be, you might do better. Just a thought.

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

    Quote Originally Posted by haymarket View Post
    Equality? As in all incomes being equal? If they were so then we could tax them all the same. But they are not. All incomes are not equal.
    value received should play as big or bigger role than ability to pay



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

    Does anyone else notice that when talking about the TAX CUTS the left whines about "Massive tax cuts for the rich" but when they demand that the current tax rates increase to the Cliinton era levels for the rich they talk about "modest" or minor increases?



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

    Quote Originally Posted by TurtleDude View Post
    value received should play as big or bigger role than ability to pay
    We have already been through that. We had an entire lengthy thread all about it. Even you admitted it would not work. Why do you return to ideas that even you gave up on previously?

    http://www.debatepolitics.com/econom...ing-model.html
    Last edited by haymarket; 08-31-11 at 01:10 PM.
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