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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
    half of those don't come close to proving the premise and there are no solutions suggested
    Solutions has been suggested again and again on this and other threads MORE JOBS FOR AMERICAN WORKERS.

    If not higher taxes, less product sales keep your eye on the stock market it went down 3 times in August.
    It WILL GO DOWN AGAIN ,NOT IF WHEN.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by Henrin View Post
    Those words put together the way you did makes no sense.



    What is the purpose of taxes? Do you know?
    Ah you must have been listening to Nick Perry's campaign speech a short time ago, I understand your confusion.
    It takes awhile to come back to reality after that.
    WARNING; Do not listen to Nick Perry alone remember Ruby Ridge.

    TAXES IS USED BY THE GOVERNEMENT MAINLY FOR DEFENCE BUT OTHER ISSUES AS WELL.
    If you ask for no taxes you'll be going against the Pentagon good luck with that.

    I have a question for you.

    Where do taxes come from, do you know?
    Hint; think paycheck.
    Last edited by presluc; 09-02-11 at 08:12 PM.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by TurtleDude View Post
    that is just plain idiotic. many union pensions participated in what you call "wall street schemes"

    populist rot ranting about the "bankers" is silly
    You are typical of republicans you distort the truth in one way or another whether you tell out right lies or just omit facts like you are doing now, I may be idiotic but it only takes following the money trail to get at the truth, the money left the poor and middle class and some how found it's way to those sucking the life blood out of our economy

    I worked 60 to 80 hours a week what did you do that you think had more importance then what I or some other person did, are you more valuable then a person who picks crops

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

    Quote Originally Posted by TurtleDude View Post
    so jacking up taxes on those who pay a ton of the taxes is going to create jobs for others?
    That's not my point, creating jobs more people pay taxes leaving the rich to pay less.
    NO creating jobs more people without money , more people without money less taxes paid by worling people more taxes for rich people.

    MATH IS MATH, MAN.

    The IRS can not take taxes from unemployed people.
    They can take more taxes from rich people , it's been done before, without jobs it WILL be done again..
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by TurtleDude View Post
    I have to leave but tell me how will jacking up taxes on the top 2 percent create more jobs?
    Unemployment across America is higher than 2%.

    This should be easy for you, think money.

    The more people that are working the more taxes are going into the American government.
    If not the government will get their tax money in other areas like rich areas.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by presluc View Post
    Unemployment across America is higher than 2%.

    This should be easy for you, think money.

    The more people that are working the more taxes are going into the American government.
    If not the government will get their tax money in other areas like rich areas.
    And the more they et paid the more in taxes they pay.

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

    Quote Originally Posted by presluc View Post
    Unemployment across America is higher than 2%.

    This should be easy for you, think money.

    The more people that are working the more taxes are going into the American government.
    If not the government will get their tax money in other areas like rich areas.
    that makes no sense. How does jacking up taxes on the top 2% of taxpayers solve the unemployment problem

    and why should the rich pay even more just because others claim they cannot pay any?



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

    Quote Originally Posted by TurtleDude View Post
    so jacking up taxes on those who pay a ton of the taxes is going to create jobs for others?
    No. The wealthy don't create jobs, they eliminate them. We've been over this. Via off-shore outsourcing, machinery that replaces workers, mergers that cut work forces, or outright layoffs.

    Creating more demand for American made products is how you create jobs. To do that, the 50% of us struggling need more discretionary income to not just buy... but save.

    Buying products and services creates jobs. Buying locally creates jobs. Tell me, with 80% of the wealth, how many bars of soap do you think the very wealthy buy compared to everyone else?

    We've been over this too...

    Productivity way up (that's how efficiently the WORKERS make PRODUCTS or fulfill services sold by the company)
    Exec pay up 400%
    Profits up 105%
    Worker salaries DOWN 4%

    Let's call it a tax for raping the American worker. There is no other way to see it. The managers make more, the stockholders make more, the board makes more, but the lowly worker is asked to sacrifice time of his life to make someone else with less than no benefit to his increased productivity or profit from his labor? History and even the bible tell us that concentration of wealth into the hands of a few is very bad for any economy. Why? Because money is a commodity of life. If you corner the market on that commodity, there can be no commerce between regular folks in a regulated system. No commerce, no jobs, no taxes. The gov't must have money to operate, so it will, by the will of the people, go to where the money has been allowed to accumulate.
    Last edited by Occam's Razor; 09-03-11 at 12:46 AM.

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

    Quote Originally Posted by Occam's Razor View Post
    No. The wealthy don't create jobs, they eliminate them. We've been over this. Via off-shore outsourcing, machinery that replaces workers, mergers that cut work forces, or outright layoffs.
    It's a stretch to say this. There are lots of wealthy people out there who do create jobs. Take for instance the guy who created Groupon; he's wealthy and created a lot of jobs here in Chicago (where I live). You're just focusing on the negatives.



    Quote Originally Posted by Occam's Razor View Post
    Productivity way up (that's how efficiently the WORKERS make PRODUCTS or fulfill services sold by the company)
    Exec pay up 400%
    Profits up 105%
    Worker salaries DOWN 4%
    I agree that Executive pay can be excessive at times, but hey gives me more motivation to work hard and become an Exec!

    It's my belief that human greed and stupidity will likely destroy an economy run on pure capitalism if you give it enough time. That's just how it goes... but the ride until that destruction sure is a heck of a lot of fun, especially if you're successful.


    Quote Originally Posted by Occam's Razor View Post
    Let's call it a tax for raping the American worker. There is no other way to see it. History and even the bible tell us that concentration of wealth into the hands of a few is very bad for any economy. Why? Because money is a commodity of life. If you corner the market on that commodity, there can be no commerce between regular folks in a regulated system. No commerce, no jobs, no taxes. The gov't must have money to operate, so it will, by the will of the people, go to where the money has been allowed to accumulate.
    One day, when the human race is smarter as a collective whole, we will do away with fiat money.
    Last edited by David D.; 09-03-11 at 01:12 AM.

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

    Quote Originally Posted by David D. View Post
    It's a stretch to say this. There are lots of wealthy people out there who do create jobs. Take for instance the guy who created Groupon; he's wealthy and created a lot of jobs here in Chicago (where I live). You're just focusing on the negatives.
    Ahhh.... that's just it, he became wealthy by growing a new company/technology. Much different than an established company. Startups see huge numbers in growth of jobs and profit. However, once he is past the certain point of longevity, he too will start to cut his workforce. Much different scenario. It's a tenet of business... keep costs down. Machines are cheaper than people. That simple.





    I agree that Executive pay can be excessive at times, but hey gives me more motivation to work hard and become an Exec!
    How trite... Not everyone wants to be an exec. Some builders, fireman, police, landscapers LOVE their work. So your solution is we should all become executives? LMAO... that was not the American dream.

    It's my belief that human greed and stupidity will likely destroy an economy run on pure capitalism if you give it enough time. That's just how it goes... But the ride up until that destruction sure is a heck of a lot of fun, especially if you're successful.
    Unreal... Hey... ever try heroin? Addicts and junkies use the same rationalization... sure, it's killing me, but what a ride...

    Greed and stupidity will destroy any economic system. How do we know, because it has... all throughout history. That is why the founders attempted to warn us, educate us and give us the tools to protect tyranny, not just from gov'ts, but from private interests as well... think East India Trading Co.

    One day, when the human race is smarter as a collective whole, we will do away with fiat money.
    We are plenty smart enough already. Just not well informed.

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