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

"What purpose did the tax cut for the wealthiest serve?"

It allowed big money to consolidate and liquidate US investments and move them to higher returning Chinese investments.

Originally Posted by DaveFagan

"What purpose did the tax cut for the wealthiest serve?"

It allowed big money to consolidate and liquidate US investments and move them to higher returning Chinese investments.

It caused those who think taxes should be used to assuage those who harbor the feelings of envy and chagrin over not being rich to become upset

Originally Posted by TurtleDude

It caused those who think taxes should be used to assuage those who harbor the feelings of envy and chagrin over not being rich to become upset

Its the familiar, we don't need no stinkin' working class whine!

Originally Posted by Catawba

Its the familiar, we don't need no stinkin' working class whine!

but you are gonna provide one whether we want it or not

Originally Posted by TurtleDude

but you are gonna provide one whether we want it or not

I'm not the one whining about the working class not pulling their load.

Originally Posted by Catawba

I'm not the one whining about the working class not pulling their load.

yeah because that would be truthful and accurate

Originally Posted by TurtleDude

yeah because that would be truthful and accurate

So, it is your claim that the working class is not pulling their load. At least you are open in your disdain for the working class. It should make a dandy platform for the conservatives as we lead up to the election!

Originally Posted by Catawba

So, it is your claim that the working class is not pulling their load. At least you are open in your disdain for the working class. It should make a dandy platform for the conservatives as we lead up to the election!

You lefties always try to substitute quantity for quality. The fact is if you are not paying federal income taxes there is a VERY STRONG possibility you are not pulling their load

If you are a disabled vet or firefighter however, you have paid in full

and if you are top one percent tax payer there is almost a complete guarantee you are paying more than your share of the load

thus when people like you claim that the rich are not paying their fair share, I can easily note that your claims are 98% inaccurate while mine are 98% accurate because there might be two percent of the top one percent who use more than they pay and 2% or so of the bottom 60% who have given more than they have used

Originally Posted by TurtleDude

You lefties always try to substitute quantity for quality. The fact is if you are not paying federal income taxes there is a VERY STRONG possibility you are not pulling their load

If you are a disabled vet or firefighter however, you have paid in full

and if you are top one percent tax payer there is almost a complete guarantee you are paying more than your share of the load

thus when people like you claim that the rich are not paying their fair share, I can easily note that your claims are 98% inaccurate while mine are 98% accurate because there might be two percent of the top one percent who use more than they pay and 2% or so of the bottom 60% who have given more than they have used

As with most of the working class, I pay a higher percentage of my total income than do the top 1% of income earners. As more and more of the working class are being forced into poverty, the closer we get to the point we did after the 1920's, when the working class said enough and supported a progressive tax system. I am willing to bet we see this reflected in the November election.

First off the liberals are trying to create a them and us situtation not based in reality.

Next:

The wealthiest 1 percent of the population earn 19 per*cent of the income but pay 37 percent of the income tax. The top 10 percent pay 68 percent of the tab. Meanwhile, the bottom 50 percent—those below the median income level—now earn 13 percent of the income but pay just 3 percent of the taxes.

That means they are paying more than their fair share. Obama is trying to get riots under way here do he can declare Marchall, play Dictator