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

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Thread: Should the Buffett Rule" be made law?

  1. #81
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by cpwill View Post
    yeah? where'd they get that money?
    From customers. Ultimately in any business everyone's pay comes from customers. Some are rich, some middle class, and some are poor, but ultimately most customers are middle class.

  2. #82
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by Harry Guerrilla View Post
    All in an era when America was the sole economic super power.
    Things have changed now, get off it man.
    The facts are that when the rates were much highter than they are today we were a super power for good reason. Then we were the biggest creditor nation in the world and now were are now one of the biggest debtor nations in the world. Back then we had a positive trade balance, today we have a negative one. We have sold our sole to the rest of the world by exporting our jobs to China, India, SE Asia, etc, etc, etc. Even service related jobs that can be handled on the phone have been exported to India.


  3. #83
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by pbrauer View Post
    The facts are that when the rates were much highter than they are today we were a super power for good reason. Then we were the biggest creditor nation in the world and now were are now one of the biggest debtor nations in the world. Back then we had a positive trade balance, today we have a negative one. We have sold our sole to the rest of the world by exporting our jobs to China, India, SE Asia, etc, etc, etc. Even service related jobs that can be handled on the phone have been exported to India.
    The fact that computers are primarily assembled in China instead of here in the U.S. allows for far cheaper prices than they ever would have been. What is the benefit of keeping the production within the U.S. (more low skilled manufacturing positions) as opposed to the cost (less total computers used/produced) in terms of opportunity? Given that our aggregate production possibilities are fixed within relatively short increments of time (it takes time to train employees and build facilities), i find no real short or long term benefit of keeping low skilled labor here in the U.S. at the expense of high skilled labor and manufacturing.

    IMO, i would much rather our economy be centered on high tech goods and services as opposed to encouraging skill stagnation (that hinders our long term competitive advantage).
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
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  4. #84
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by pbrauer View Post
    The facts are that when the rates were much highter than they are today we were a super power for good reason. Then we were the biggest creditor nation in the world and now were are now one of the biggest debtor nations in the world. Back then we had a positive trade balance, today we have a negative one. We have sold our sole to the rest of the world by exporting our jobs to China, India, SE Asia, etc, etc, etc. Even service related jobs that can be handled on the phone have been exported to India.
    To believe the entirety of that, I would have to ignore the productivity rates of American factories and how they have climbed steadily over the years, even into today.
    I'd also have to ignore that we were pretty much the only nation left standing with an intact national infrastructure and economy, after WW2 and that is largely why we retained the economic power over the globe.

    Fast forward to now, where there are multiple nations competing with from all over the globe.
    Wanting for yesterday won't change the facts that the rest of the world has grown to meet us on the economic competitors table.

    Those obscene tax rates would definitely cause significant capital flight, because there are a multitude of nations willing to house that money at much, much lower rates.
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  5. #85
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by jamesrage View Post
    Should the Buffett Rule" be made law?

    Yes
    No
    other
    I do not know

    Obama to propose new tax rate for millionaires - CNN.com
    The White House will propose a new tax rate for people earning more than $1 million a year to ensure that they pay at least the same percentage of their earnings in taxes as middle-income Americans, administration and White House officials told CNN on Sunday. Called the Buffett Rule, the proposal will be part of a comprehensive deficit reduction plan that President Barack Obama will unveil on Monday, according to a senior administration official and White House sources who spoke on condition of not being identified. The information was first reported by The New York Times.




    I pick other. I support making everyone pay he same percentage in income taxes regardless of income level and eliminating exemptions .
    its too bad you cannot ask incomes. people who aren't facing higher taxes do to that asswipe's scheme really are cowardly to vote for others to pay more taxes



  6. #86
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by pbrauer View Post
    The facts are that when the rates were much highter than they are today we were a super power for good reason. Then we were the biggest creditor nation in the world and now were are now one of the biggest debtor nations in the world. Back then we had a positive trade balance, today we have a negative one. We have sold our sole to the rest of the world by exporting our jobs to China, India, SE Asia, etc, etc, etc. Even service related jobs that can be handled on the phone have been exported to India.
    so you labor under the delusion that it was high tax rates, not the fact that we were the only industrial power not to get destroyed in WWII that caused this?



  7. #87
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by mbig View Post
    Another Assinine/empty post.. while I put up solid Info.

    Your cheap shot partisan chirps are a Disgrace and contribute Nothing to this board.
    You know NOTHING about anything just partisanly hack hack hack with nonsense through these strings.
    yeah we get it that you think those more successful than you ought to pay more taxes



  8. #88
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by TurtleDude View Post
    its too bad you cannot ask incomes. people who aren't facing higher taxes do to that asswipe's scheme really are cowardly to vote for others to pay more taxes
    By your own admission, you support people paying a far bigger percentage of their income in FICA tax than you do
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  9. #89
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by haymarket View Post
    By your own admission, you support people paying a far bigger percentage of their income in FICA tax than you do
    You are confused. that is like claiming I support you paying a higher percentage of your income for the same cheeseburger I buy

    I get the same benefits from SS as you do. WTF should I pay more? Again, you labor under the assumption that FROM EACH ACCORDING TO THEIR ABILITY IS THE ONLY valid basis for tax rates.

    I reject that and you seem to believe all taxes should be progressive because that benefits your political masters



  10. #90
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by TurtleDude View Post
    yeah we get it that you think those more successful than you ought to pay more taxes

    why are you against millionaires paying the same rates as middle income earners?
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