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What purpose did the tax cut for the wealthiest serve?

naturalrights said:
Why would small businesses be a target .. that is counter-intuitive. Taxing them would only and do little for tax revenue. If any businesses were to be targeted it would make most sense for it to be the extremely large businesses/companies and corporations as there is more revenue to be acquired that way. I would suggest caution with taxing even the larger companies, as I can see how that would effect investors' decisions. However, it would effect their decisions much more on the smaller companies, so if companies had to be taxed, clearly it should be the larger less vulnerable ones. Somehow find it hard to believe that anyone with any knowledge of how the market works could not figure those concepts out .. therefore I am not sure how much merit your claim that all are taxed including companies and even small businesses.
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Because they're corporations, too and the Democrats are anti-business.

The Democrats seem to be standing for the rights of the people, which generally means the majority of the people who are mostly employees and small business owners. This makes sense intuitively as they are standing up for the greater amount of people rather than those very few who own all of our countries wealth and need no more protection .. money is power and they have plenty of it. So again, I still don't understand why you think they would want to increase taxes on small businesses?
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That's why I have to laugh, everytime I hear a Libbos talk about how he supports the working class. It's impossible to support the working class, if you're anti-business. Where in the hell do you think the working class works? :rofl
 
faminedynasty said:
It is a continuation of the redistribution of wealth from the working class to the elite rich.
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You mean commerce? Is that what you call "redistribution". We had Sir Paul in Cincinnati Thursday. He sold out 41,500 seats at 150 or so a seat. I guess he "redistributed 6 million or so to himself, his crew, his bad, his roadies, his transportation crew etc. Sir Paul apparently was guaranteed 2 million a show.

what was "redistributed"? No one had to go Several of my friends did and they believed it was worth 150 dollars to hear Sir Paul sing for 3 hours. they got 150 dollars worth of entertainment and the entertainer and the 200 or so support people got money. The guys who sold refreshments at the stadium made some money to

when it was over Paul was probably a million richer because he has the talent and the skill to give tons of value to tons of people. the 41,000 or so -from the reports-mostly believed they got their money's worth

Now tell me why PM should give you some of the money he earned?
 
Ikari said:
You always get the same answer. So either your short term memory is shot or you're a hack (take your pick). The marginal tax rate does go down at sufficiently high income when one can start claiming their income as "bonus" and "capital gaines" to gain lower tax rates on income. Not to mention tax shelters and a whole list of things given to the very rich to help them pay less.
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I love the leftwingers. "the rich pay less" because a few thousand at the top pay a lower overall rate (due to the nature of their income-they pay the top rate on like income) than some highly compensated salaried executives. Yet the actual tax dollars those few thousand pay are astronomical. Yet people like you piss and moan that they don't "pay enough"
 
I will sum up my sentiments in a easy phrase: You got to pay the cost to be the boss.

I don't understand why people are adamant in defending the rich and how they are supposedly some kind of victim. I have said several times there is a reason why rich should pay more; because many of them probably use more federal services in a year than a single mother of two will use in her entire life. Let me just give you a small list of federal government services that benefit the rich far more than the poor:

-The military
-National infrastructure
-FBI
-CIA
-Department of Education
-Federal Business loans with ZERO INTEREST AND OR THEY DON'T HAVE TO PAY IT BACK yet, the only government service I have ever used in my life, the Federal Stafford Unsubsidized loan I've just been paying on the interest the past year and a half.
-Energy source advancements

Off the top of my head those are the ones I can think of. Now, I know not all the rich use those services, but not all the poor use all their entitlements either. I do get back most of my taxes at the end of the year true, but I also am not using these services at nearly the degree the rich do. I of course do not receive any of my state or local taxes back, of which I use those services heavily being in well...my local area all the time.

Here is another great way of putting it. While I was in college I worked as a clerk at BP. We gave the cops in the area free coffee and drinks all the time. Because of that, they patrolled our area quite often. The BP 3 miles down the road didn't. They got robbed twice in the 6 months I was working at this other BP. Just a thought I suppose....
 
JohnWOlin said:
I will sum up my sentiments in a easy phrase: You got to pay the cost to be the boss.

I don't understand why people are adamant in defending the rich and how they are supposedly some kind of victim. I have said several times there is a reason why rich should pay more; because many of them probably use more federal services in a year than a single mother of two will use in her entire life. Let me just give you a small list of federal government services that benefit the rich far more than the poor:

-The military
-National infrastructure
-FBI
-CIA
-Department of Education
-Federal Business loans with ZERO INTEREST AND OR THEY DON'T HAVE TO PAY IT BACK yet, the only government service I have ever used in my life, the Federal Stafford Unsubsidized loan I've just been paying on the interest the past year and a half.
-Energy source advancements

Off the top of my head those are the ones I can think of. Now, I know not all the rich use those services, but not all the poor use all their entitlements either. I do get back most of my taxes at the end of the year true, but I also am not using these services at nearly the degree the rich do. I of course do not receive any of my state or local taxes back, of which I use those services heavily being in well...my local area all the time.

Here is another great way of putting it. While I was in college I worked as a clerk at BP. We gave the cops in the area free coffee and drinks all the time. Because of that, they patrolled our area quite often. The BP 3 miles down the road didn't. They got robbed twice in the 6 months I was working at this other BP. Just a thought I suppose....
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you are making stuff up.

tell me who one millionaire who pays 300K a year uses more than 100 million who pay nothing in income taxes.
 
TurtleDude said:
you are making stuff up.

tell me who one millionaire who pays 300K a year uses more than 100 million who pay nothing in income taxes.
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More whining about the rich being overtaxed sigh...is this where you tell us how many millions you pay in taxs to impress us ?? lmao
 
lpast said:
More whining about the rich being overtaxed sigh...is this where you tell us how many millions you pay in taxs to impress us ?? lmao
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You seem rather agitated today The point is since I pay more I have a legitimate point pointing out that its ridiculous for people like you who don't even pay your fair share demanding those of us who pay far more than our fair share to pay even more
 
TurtleDude said:
You seem rather agitated today The point is since I pay more I have a legitimate point pointing out that its ridiculous for people like you who don't even pay your fair share demanding those of us who pay far more than our fair share to pay even more
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Nooo Im fine thanks for asking :) oh there it is again the claim I dont pay my fair share...well since you know that Mr braggard tell me how much in taxs i paid this april...I mean after all you made the claim that you KNOW...so tell me what I paid
 
lpast said:
Nooo Im fine thanks for asking :) oh there it is again the claim I dont pay my fair share...well since you know that Mr braggard tell me how much in taxs i paid this april...I mean after all you made the claim that you KNOW...so tell me what I paid
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you constantly whine about the rich

other than the top few percent, everyone else pays a lower percentage of the tax share than their share of the income. only the top few percent pay more of the tax share than their share of the income
 
Comeon spit it out turtle...how much did I pay...I mean you "TELL" us how much you pay...omg omg in the MILLIONS..LMAO.
 
lpast said:
Comeon spit it out turtle...how much did I pay...I mean you "TELL" us how much you pay...omg omg in the MILLIONS..LMAO.
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several hundred k
 
TurtleDude said:
several hundred k
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No no not good enough bunky......here is YOUR statement now tell ME how much I paid in taxs...since YOU KNOW I didnt pay my fair share....spit it out now

he point is since I pay more I have a legitimate point pointing out that its ridiculous for people like you who don't even pay your fair share demanding those of us who pay far more than our fair share to pay even more
 
Come on now turtle dont be stuttering in public...you made the claim counselor that I dont pay my fair share so you MUST KNOW precisely what I paid so tell us...I give you permission to put my personal information on this forum publically...
 
taptaptaptaptaptaptap...im waiting...yawn
 
lpast said:
No no not good enough bunky......here is YOUR statement now tell ME how much I paid in taxs...since YOU KNOW I didnt pay my fair share....spit it out now

he point is since I pay more I have a legitimate point pointing out that its ridiculous for people like you who don't even pay your fair share demanding those of us who pay far more than our fair share to pay even more
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you are getting obsessive

and what do you pay? Your obsession proves to me you are not even paying your share.
 
TurtleDude said:
you are getting obsessive

and what do you pay? Your obsession proves to me you are not even paying your share.
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No sir, Im not getting obsessive at all...on the contrary its you thats obsessive with your constant empty claims that individuals on a public forum dont pay their fair share and your constant "CLAIM" that you pay far more than everyone else....I merely want you to post what I paid in taxs...you MUST know that to know that I didnt pay my fair share....Im being kind I havent asked you to PROVE that you pay that much in taxs....but again I give you my permission to post my personal tax information on the forum since you claim to know what I pay or dont pay...
 
lpast said:
No sir, Im not getting obsessive at all...on the contrary its you thats obsessive with your constant empty claims that individuals on a public forum dont pay their fair share and your constant "CLAIM" that you pay far more than everyone else....I merely want you to post what I paid in taxs...you MUST know that to know that I didnt pay my fair share....Im being kind I havent asked you to PROVE that you pay that much in taxs....but again I give you my permission to post my personal tax information on the forum since you claim to know what I pay or dont pay...
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this is more fun than anticipating the accident that has you crawling in traffic for two miles on the freeway with no exit available. This I gotta see!!!

I wonder how Turtle got your private tax information?
 
lpast said:
No sir, Im not getting obsessive at all...on the contrary its you thats obsessive with your constant empty claims that individuals on a public forum dont pay their fair share and your constant "CLAIM" that you pay far more than everyone else....I merely want you to post what I paid in taxs...you MUST know that to know that I didnt pay my fair share....Im being kind I havent asked you to PROVE that you pay that much in taxs....but again I give you my permission to post my personal tax information on the forum since you claim to know what I pay or dont pay...
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the facts are clear. other than the top few percent, every other group pays less of its share of the tax burden than its share of the income. Nothing can be more objective than noting that if a group makes 10% of the income it should pay 10% of the income tax if we have a tax based on income. If we have a tax based on use of government services than if a group makes up 2% of the population and it pays 10% of the taxes its most likely overtaxed. If a group makes up 50% of the population and pays 4% of the federal taxes than it is clearly well undertaxed based on use

You whine about the rich which allows me to rationally conclude you aren't one of the top 1 or 2 or 3 percent tax payers. You constantly whine about the working class being underpaid

what this means is either you are lying about your true motivations or you are a low bracket taxpayer or a non-tax payer.

feel free to proffer some information but that you won't again leads to rational conclusions
 
Let me give you some advice counselor...some friendly advice, I know some extremely wealthy people that truly do pay millions per year in income taxs...and they never utter a single whimper. They dont tell me daily how rich they are. They dont try to demean the fact that I dont pay as much taxs as them because I dont have as much as them. They dont try to look down on me and they treat the guy trimming their shrubs like a gentleman...You need to learn some humility.
You would be much more effective in making your case without any false claims, wild distortions or personal horn tooting, or attempting to denigrate others
 
lpast said:
Let me give you some advice counselor...some friendly advice, I know some extremely wealthy people that truly do pay millions per year in income taxs...and they never utter a single whimper. They dont tell me daily how rich they are. They dont try to demean the fact that I dont pay as much taxs as them because I dont have as much as them. They dont try to look down on me and they treat the guy trimming their shrubs like a gentleman...You need to learn some humility.
You would be much more effective in making your case without any false claims, wild distortions or personal horn tooting, or attempting to denigrate others
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I don't lie. and you have no idea how I treat people. but i have contempt for those who are paying less than they use demanding others pay more
 
TurtleDude said:
I don't lie. and you have no idea how I treat people. but i have contempt for those who are paying less than they use demanding others pay more
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I know how you treat people on this forum...and thats exactly what im talking about counselor, I could care less about your real life..I have contempt for people that toot their own horn and make wild claims that are based on nothing but the hot air belching from their gaping mouth.
You say you dont lie and you want me to believe that and you want to call others liars, your a real treat counselor
 
TurtleDude said:
you are making stuff up.

tell me who one millionaire who pays 300K a year uses more than 100 million who pay nothing in income taxes.
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How am I making anything up? I just showed you. One poor person will never use 100 million of any government service...some rich on the otherhand well..
 
lpast said:
No sir, Im not getting obsessive at all...on the contrary its you thats obsessive with your constant empty claims that individuals on a public forum dont pay their fair share and your constant "CLAIM" that you pay far more than everyone else....I merely want you to post what I paid in taxs...you MUST know that to know that I didnt pay my fair share....Im being kind I havent asked you to PROVE that you pay that much in taxs....but again I give you my permission to post my personal tax information on the forum since you claim to know what I pay or dont pay...
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I have an objective basis for my claim

if you are part of a group that pays less of the federal income tax burden than your share of the income I can honestly note you are paying less than your fair share

Since you refuse to even state what you pay, and given your constant rants about the rich and your laughable lamentations about how bad "working people" have it its a fair assumption you are part of the group that pays less taxes than it objectively should
 
JohnWOlin said:
How am I making anything up? I just showed you. One poor person will never use 100 million of any government service...some rich on the otherhand well..
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so you believe one millionaire-now i am not talking like ted turner but someone who has a couple million in assets and is paying taxes on an income of 200-400K a year-that man is paying more income tax dollars in a year than tens of millions other americans.

so using your confused logic, that millionaire is using more government assets than say 80 million who pay no income taxes?

and using Ipast's class envy based nonsense-that millionaire is not paying enough but all those people who are paying nothing would be overtaxed if that had to pay say 100-1000 a year
 
lpast said:
I know how you treat people on this forum...and thats exactly what im talking about counselor, I could care less about your real life..I have contempt for people that toot their own horn and make wild claims that are based on nothing but the hot air belching from their gaping mouth.
You say you dont lie and you want me to believe that and you want to call others liars, your a real treat counselor
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Your rants are funny
 
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