View Poll Results: Should the Buffett Rule" be made law?

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    44 66.67%
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Thread: Should the Buffett Rule" be made law?

  1. #161
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by liblady View Post
    who is taxed on their wealth and not their income?
    That's a topic jackalope and I had been discussing... the idea that some people want to tax the rich on their wealth rather than their income. It doesn't happen currently, though I would suggest that Inheretance Taxes, Capital Gains, Investment Taxes, etc... amount to a Wealth Tax.

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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by Tigger View Post
    A FAIR tax system, has the same RATE for EVERYONE, on their INCOME (not their Wealth), with no deductions. That's NOT what Mr. Obama is suggesting or proposing in any way.

    LOL. I have no more love for the GOP than I do for the Democratic Party, the Libertarians, or any other political entity. So far as I'm concerned they should all be outlawed.

    Once again, this is an attempt by the party in power to equalize RESULTS more than anything else.... "Well, they're smarter than me, so they can get around these things.... SO WE SHOULD PUNISH THEM!!!!" That's all this is.

    You're misinformed. It's a tax on income, not wealth. And it's applying the same rate as middle income earners as to the wealthiest. Swing, and a miss, Tigger.



    Quote Originally Posted by liblady View Post
    who is taxed on their wealth and not their income?

    'zackly
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  3. #163
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by Tigger View Post
    That's a topic jackalope and I had been discussing... the idea that some people want to tax the rich on their wealth rather than their income. It doesn't happen currently, though I would suggest that Inheretance Taxes, Capital Gains, Investment Taxes, etc... amount to a Wealth Tax.

    Actually, I keep talking about the tax on income that Obama has proposed, and you keep talking about taxing wealth.
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  4. #164
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    Re: Should the Buffett Rule" be made law?

    Should the super rich have to pay as much percentage as everyone else (if not more)? Yes. Whew, that was easy.

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    Re: Should the Buffett Rule" be made law?

    So what happens when they stop doing a lot of things because there's no tax incentive to do so?

  6. #166
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by whysoserious View Post
    Should the super rich have to pay as much percentage as everyone else (if not more)? Yes. Whew, that was easy.
    Please show me the piece of legislation that indicates a LOWER TAX RATE for the upper income brackets than for the Middle Class. You can't do it.

    What you people are apparently interested in is PUNISHING these people because they are smart enough to figure out how to game the system. I have no such interest. In fact, I like trying to find ways to game the system myself in order to keep more money in MY pocket and out of the hands of the Government.

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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by whysoserious View Post
    Should the super rich have to pay as much percentage as everyone else (if not more)? Yes. Whew, that was easy.
    That apparently wasn't so easy. You did not specify for what? Social Security, income taxes, capital gains taxes, or what?

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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by Gipper View Post
    So what happens when they stop doing a lot of things because there's no tax incentive to do so?
    YEP. Exactly. Either that or they pick up their ball and go somewhere with a lower rate in general. More than likely they take their business with them as well.

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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by Tigger View Post
    Please show me the piece of legislation that indicates a LOWER TAX RATE for the upper income brackets than for the Middle Class. You can't do it.

    What you people are apparently interested in is PUNISHING these people because they are smart enough to figure out how to game the system. I have no such interest. In fact, I like trying to find ways to game the system myself in order to keep more money in MY pocket and out of the hands of the Government.
    He can do it, but he has to compare apples to oranges or alter the intent of a program.

  10. #170
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by Gipper View Post
    So what happens when they stop doing a lot of things because there's no tax incentive to do so?
    they won't stop investing. it's how they make their money. what do you think, they'll stuff it in a matress?

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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