View Poll Results: Should the rich pay higher taxes?

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  • Yes

    54 36.24%
  • No

    88 59.06%
  • Other

    6 4.03%
  • I don't know

    1 0.67%
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Thread: Are you part of the majority of Americans who feel the rich should pay higher taxes?

  1. #241
    warrior of the wetlands
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    Re: Are you part of the majority of Americans who feel the rich should pay higher tax

    Quote Originally Posted by Phys251 View Post
    YOU are lecturing me about honesty?? lol
    If the shoe fits



  2. #242
    Student Chenoa's Avatar
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    Re: Are you part of the majority of Americans who feel the rich should pay higher tax

    Quote Originally Posted by Phys251 View Post
    YOU are lecturing me about honesty?? lol



    That's a really cool story, and I believe it, but there's just one problem: It's only one person. How many impoverished people are denied opportunities because of a crime they committed many years ago? Or are sometimes overlooked for a job simply because of their color of skin--you think that doesn't happen? Or are so ingrained in the life of the ghetto that they lack so many of the basic skills required to survive outside it? And even for those who pass all that and then some, what percentage of poor people really make it from rags to riches? Would we blame the overwhelming majority of those who don't?
    There are many people out there who do. All the time. But, going from rags to riches? Not so much. But a good life, absolutely. I haven't made any fortune, but I'm a happy, content person. I have more than I need, but I earned every bit of it. I spent many years in a career that I didn't enjoy so that I could retire and work in a field that I love (that field takes money to start-up though).

    I'm going to address your question about racism and jobs. Of course it happens, not nearly as often as it used too. Those entrenched in the ghetto lifestyle? I hate to sound too unsympathetic, but... they have a choice. Go to school (which is provided for them, complete with supplies and 2 meals) to start on their path of getting out! There are countless programs designed specifically to help them. It all hinges on one thing - do you want it badly enough.

    Oh, did I mention my father is a full-blooded Creek? No? Talk about racism.
    I love how, in scary movies, the person yells out, "Hello?" As if the bad guy is gonna be like, "Yeah, I'm in the kitchen! Want a sandwich?"

  3. #243
    Sage
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    Re: Are you part of the majority of Americans who feel the rich should pay higher tax

    Quote Originally Posted by TurtleDude View Post
    You are rather ignorant of Madoff. that is a normal rate for people who understand what they are doing
    I vote we team up. I have a secret power - I can make the market tank by putting money into it. I'll let you know when I'm about to drop in cash, you short the market, we split the profits.

  4. #244
    warrior of the wetlands
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    Re: Are you part of the majority of Americans who feel the rich should pay higher tax

    Quote Originally Posted by cpwill View Post
    I vote we team up. I have a secret power - I can make the market tank by putting money into it. I'll let you know when I'm about to drop in cash, you short the market, we split the profits.
    sounds like a plan


    Are you part of the majority of Americans who feel the rich should pay higher taxes?-scrooge-jpg
    Attached Images Attached Images Are you part of the majority of Americans who feel the rich should pay higher taxes?-scrooge-jpg 



  5. #245
    Advisor GreenvilleGrows's Avatar
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    Re: Are you part of the majority of Americans who feel the rich should pay higher tax

    Quote Originally Posted by Catawba View Post
    If you think I am wrong, disprove my statement.
    I think what good 'Ole Aunt Spike meant was that your statement was devoid of value, not necessarily technically incorrect. The President may have approved the budget (what choice does he really have but to allow a Gov't shutdown), but the Democrats ran up the debt, not Republicans.

    Republicans controlled the House and Senate from 1995 to 2000.
    1996 Debt Increased by 6.71%
    1997 Debt Increased by 3.37%
    1998 Debt Increased by 2.03%
    1999 Debt Increased by 2.88%
    2000 Debt Decreased by 1.97% (a product of the "Contract with America" led by Newt Gingrich in preceding years)

    in 2001 and 2002 the House and Senate were split and the debt grew by an average of 6.37% (9/11) and to a height of a 9.25% increase by 2003 when Republicans (not particularly conservative Republicans) regained a slight majority. Then the increase decreased (politician speak) gradually each year (9.25%, 8.55%, 7.56%, 6.24%) to 6.24% in 2006. The Democrats gained control of both House and Senate in 2007 (elected end of 2006) and in 2008 the increase in debt jumped from 6.32% in 2007 to 15.93% in 2008 another 15.06% in 2009 and another 13.92% in 2010. About a 52% increase in debt in just 3 years -thanks!
    The US is an odd ship. The captain yells out when he sees obtacles , but 535 individual propellers do the steering.

  6. #246
    Disappointed Evolutionist
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    Re: Are you part of the majority of Americans who feel the rich should pay higher tax

    Quote Originally Posted by Gipper View Post
    I am about to punch you in the fackin face.

    THERE WILL ALWAYS BE A WORKING CLASS. If the people who comprise it now do not want that status, they can quit - others will come up to take their place. Quit acting and arguing like it's some tablecloth you can yank out from underneath that will cause all the wealthy dishes to fall and break. This whole pro-proletariat bullsnot is really beginning to irk me. I have to put up with it from all these damned teenaged socialists and pseudo-Marxists. I can't take another source.

    Workers of the world unite...and shut your yaps.
    You sure make a great case of the middle class continuing to put up with the same failed trickle down policy of the last 30 years, but I would have to say no thanks!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  7. #247
    Disappointed Evolutionist
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    Re: Are you part of the majority of Americans who feel the rich should pay higher tax

    "Those that fail to learn from history are doomed to repeat it"

    "A major reason for this large and growing gap between the rich and the working-class people was the increased manufacturing output throughout this period. From 1923-1929 the average output per worker increased 32% in manufacturing8. During that same period of time average wages for manufacturing jobs increased only 8%9. Thus wages increased at a rate one fourth as fast as productivity increased. As production costs fell quickly, wages rose slowly, and prices remained constant, the bulk benefit of the increased productivity went into corporate profits. In fact, from 1923-1929 corporate profits rose 62% and dividends rose 65%10.

    The federal government also contributed to the growing gap between the rich and middle-class. Calvin Coolidge's administration (and the conservative-controlled government) favored business, and as a result the wealthy who invested in these businesses. An example of legislation to this purpose is the Revenue Act of 1926, signed by President Coolidge on February 26, 1926, which reduced federal income and inheritance taxes dramatically11. Andrew Mellon, Coolidge's Secretary of the Treasury, was the main force behind these and other tax cuts throughout the 1920's. In effect, he was able to lower federal taxes such that a man with a million-dollar annual income had his federal taxes reduced from $600,000 to $200,00012. Even the Supreme Court played a role in expanding the gap between the socioeconomic classes. In the 1923 case Adkins v. Children's Hospital, the Supreme Court ruled minimum-wage legislation unconstitutional13.

    The large and growing disparity of wealth between the well-to-do and the middle-income citizens made the U.S. economy unstable. For an economy to function properly, total demand must equal total supply. In an economy with such disparate distribution of income it is not assured that demand will always equal supply. Essentially what happened in the 1920's was that there was an oversupply of goods. It was not that the surplus products of industrialized society were not wanted, but rather that those whose needs were not satiated could not afford more, whereas the wealthy were satiated by spending only a small portion of their income."

    Main Causes of the Great Depression
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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