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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 TurtleDude View Post
    that does not justify income redistribution. try again. and why do you fixate on the uber rich? you are on record as wanting massive tax hikes on far more than the uber rich
    Wealth creation, the engine of prosperity in this country is in the middle class. When productivity goes up, Executive salaries go up 400%, profits go up 105% and wages go down or stagnate, the wealth redistribution is entirely from the middle class to the most wealthy. Period. And it happens before they ever even see it.

    Every time I hear someone whine about the rich, who obviously aren't... all I can think of is this...

    What purpose did the tax cut for the wealthiest serve?-char_11778-jpg

    Those toady sycophants that would turn in their neighbors to earn favor with the Gestapo...

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

    Quote Originally Posted by Occam's Razor View Post
    Wealth creation, the engine of prosperity in this country is in the middle class. When productivity goes up, Executive salaries go up 400%, profits go up 105% and wages go down or stagnate, the wealth redistribution is entirely from the middle class to the most wealthy. Period. And it happens before they ever even see it.

    Every time I hear someone whine about the rich, who obviously aren't... all I can think of is this...

    What purpose did the tax cut for the wealthiest serve?-char_11778-jpg

    Those toady sycophants that would turn in their neighbors to earn favor with the Gestapo...
    so tell us why does a group that earns 22% of the income and pays 39% of the income tax have a duty to pay even more of the income tax as well as all the death tax?



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

    Quote Originally Posted by TurtleDude View Post
    that does not justify income redistribution. try again. and why do you fixate on the uber rich? you are on record as wanting massive tax hikes on far more than the uber rich
    The income redistribution occurred over the last 3 decades, when through taxes cuts to the wealthy, more of the country's wealth has been transferred from the middle class to the uber wealthy. This is a matter of record. Now you may say, who cares, as a matter of fact I think you already have said that, but what is of importance is that our economy cannot prosper when all the wealth is concentrated at the top. We learned this in the Great Depression and we are relearning it by this Great Recession that the working class are still suffering from.

    So best of luck to you next November with your **** the working class bumper sticker!!!
    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
    The income redistribution occurred over the last 3 decades, when through taxes cuts to the wealthy, more of the country's wealth has been transferred from the middle class to the uber wealthy. This is a matter of record. Now you may say, who cares, as a matter of fact I think you already have said that, but what is of importance is that our economy cannot prosper when all the wealth is concentrated at the top. We learned this in the Great Depression and we are relearning it by this Great Recession that the working class are still suffering from.

    So best of luck to you next November with your **** the working class bumper sticker!!!
    The rich earned more money. why is that?



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

    Quote Originally Posted by TurtleDude View Post
    The rich earned more money. why is that?
    Because they didn't have to pay their fair share of taxes, and they didn't share as much with those who made their wealth. Currently the bottom 50% own 1.4 trillion dollars in everything they own. How much more of that do you think the rich deserve? If you take half of everything the bottom 50% own that is approximately equal to the tax break given for the last decade to those who own everything else. The top 20% own 85% of the country's wealth now, how much more do you think is their "right'?
    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
    Because they didn't have to pay their fair share of taxes, and they didn't share as much with those who made their wealth. Currently the bottom 50% own 1.4 trillion dollars in everything they own. How much more of that do you think the rich deserve? If you take half of everything the bottom 50% own that is approximately equal to the tax break given for the last decade to those who own everything else. The top 20% own 85% of the country's wealth now, how much more do you think is their "right'?
    that 's moronic. the middle class pay far less than their share of the income. The rich pay far more. Find a better answer-that one is idiotic



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

    Quote Originally Posted by TurtleDude View Post
    so tell us why does a group that earns 22% of the income and pays 39% of the income tax have a duty to pay even more of the income tax as well as all the death tax?
    Because they are stealing that income from their workers. That simple.

    Let me explain it again... if you don't get it, I'm breaking out the crayons...

    PRODUCTIVITY UP
    PROFITS UP 105%
    EXECUTIVE SALARY UP 400%

    Worker compensation, DOWN 4%

    Let's see.... a gain of 400%...

    vs. a loss of 4% by those that PRODUCE that which the company draws all it's value and profit from.

    Nope sorry... the wealth redistribution and theft is from the American worker. You know... the ones that kicked ass in two world wars and made this country great from American Revolution to Computer revolution. I'll side with them every single time if they are being robbed... especially of such a precious commodity as life.

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

    Quote Originally Posted by TurtleDude View Post
    that 's moronic. the middle class pay far less than their share of the income. The rich pay far more. Find a better answer-that one is idiotic
    But they produce ALL of the wealth... Think about it...

    The ONLY FACT that needs to be remembered, is that for fifty years, they paid twice what they pay now. So... all the bellyaching is some fat kid bitching because he's only allowed ten pieces of someone else's cake (life).
    Last edited by Occam's Razor; 08-31-11 at 07:53 PM.

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

    Quote Originally Posted by TurtleDude View Post
    that does not justify income redistribution. try again. and why do you fixate on the uber rich? you are on record as wanting massive tax hikes on far more than the uber rich
    Wealth has been redistributed upward since Reagan. But RW media talking points you parrot leave out that fact.

    I've explained the economies of scale to you before, and it's over your head.

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

    Quote Originally Posted by TurtleDude View Post
    that 's moronic. the middle class pay far less than their share of the income. The rich pay far more. Find a better answer-that one is idiotic
    Prove it, if you can! And quit evading my question,

    The top 20% own 85% of the country's wealth now, how much more do you think is their "right'?
    Last edited by Catawba; 08-31-11 at 07:57 PM.
    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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