- Joined
- Jan 28, 2006
- Messages
- 51,123
- Reaction score
- 15,259
- Location
- United States
- Gender
- Male
- Political Leaning
- Independent
Financial status should be a Federally protected class.
I actually addressed that in an earlier post. The first $5 million would be untouched. But 35% after that. It's not that I want to TAX THE RICH!!! out of envy. But I do want to prevent an Aristocracy. That's all.
Your posts have made it abundantly clear that you have reserved a special place in your hate and loathing for anyone who attempts to represent the interests of working people against the elite.
I read and reread you post and I have rarely seens such utter contempt for your fellow Americans
Low information voters....... really now!?!?
it would seem to me people who understand that they are getting the short end of the stick by a system which treats the money of wealthy different than it does the money the working class earns are very high information voters.
I love it when you and others grab your handy dandy referee suit from the closet and proclaim FAIL because you disagree with somebodys post based on your own peculiar slant. It would be downright hilarious were it not so self serving and disingenuous.
The fact is a simple one and all the parsing semantics about what income is or what wealth is or what money is means nothing. The fact that matters is that working people have finally caught on that the game is rigged in the favor of people who get their money through capital gains and inheritance.
...High-income households have a disproportionate share of comprehensive income and pay a disproportionate share of federal taxes. The half-percent of the population with the highest income received 14.7 percent of total household income before taxes and paid 22.6 percent of total federal taxes in 2005 (see Tables 2 and 3). People at the top 0.01 percent of the income scale received 4.2 percent of total income and paid 6.5 percent of total federal taxes in 2005...
Somebody who pockets $800K in wages, pays 35% on it. That is $280,000.00.
Somebody who pockets the same $800K in capital gains pays 15% on it. That is $120,000.00.
Somebody who pockets the same $800K in inheritance pays 0% on it. That is $0.00.
The warrior of the right through their libertarian and conservative think tanks have tried to brainwash average working people to go against their own economic interests for a long time now. Sadly, this Machiavellian plot has worked with some. But illumination and education is going on all over the land and people are wising up.
You want to educate those people you look down your nose upon and label as "low information voters"? Start there.
Financial status should be a Federally protected class.
just the opposite
1- the discriminatory preference of taxing your money at 15% because a fancy label is placed on it called 'capital gains' while the same amount of wages is takes at 35%
2- the privilege of being able to exclude millions and millions from the estate tax before a single dollar is taxed
The idea of those discriminatory preferences being extended to you and the wealthy destroy any concept of FAIR SHARE.
cpwill
how does one thing in your post change the fact that we have a system which hits the wages of people far harder than capital gains income or inheritance income?
Lets cut all the nonsense and get down to the same reason you favor every tax scheme you endorse : it gives you a tax cut.
Yes, Turtle, how dare you complain when people attempt totake your stuff and give it to othersrepresent the interest of working people against the elite.
Using the power of government to take other people's stuff and give it to others is the epitome of selfishness and greed. Before you go all, "I'm haymarket and I'm righteously indignant" on us, please try to remember who is the one advocating the use of government force to take what belongs to others. Do you really expect your intended victims to smile and thank you? Seriously?
There is no Berlin Wall holding you here. The fact that you continue to live in a nation you loath with every fiber of your being is quite telling.cpwill
how does one thing in your post change the fact that we have a system which hits the wages of people far harder than capital gains income or inheritance income?
How does anything in your post change the fact that on $800,000.00 - a wage earner pays $280,000.00 in federal tax while a capital gains earner pays $120,000.00 in federal tax and someone who inherits the same sum for a different person pays nothing on that same amount?
All the rest is lipstick on a pig.
Yep. It's all for the greater good. Now be a good little citizen and hop into this cattle car.the advocates for looting the wealth of others always pretend its in the interest of "the greater good"
Yep. It's all for the greater good. Now be a good little citizen and hop into this cattle car.
I am relieved to see that the majority of pollers, like myself, clicked option #1__To those of you who clicked otherwise, I ask 'do you really believe government has proven itself to be an efficient and provident administrator of your tax dollars'?
And have you forgotten that these assets have already been taxed by an insatiable government that will never be content until it has found a way to tax 100% of everything from everyone and ration back to us what it determines our needs to be?
Back door Communism___Like a thief in the night___Come on people, this isn't rocket surgery!
Perhaps you have heard of The Golden Rule?
Poetic reality___I love it!we will teach our twisted speech to the young believers
we will train our blue eyed men to be young believers
I never considered that. Definitely something for much deeper thought.actually this is incorrect - the uberwealthy are able to protect their money from inheritance taxes. what an inheritance tax does is stop the creation of new multi-generational wealth; protecting the position of the "old money" against competition.
I don't see that. Either the construction contracts are there or they aren't. Who signs the paycheck for those construction workers is irrelevant to the overall economy. I'm not saying it's "right" that your uncle's company goes out of business (though I can think of a couple of ways it could survive intact) but if it does, the construction contracts it would have won would be won by someone else and those workers would have the job instead of your uncle's workers. No jobs have been lost, they've just shifted from one company's workers to another. Or maybe the other company's owner will see a chance to expand and hire those workers instead. There are many possibilities but none lead to fewer jobs. The work still has to be done by someone.point worth making - this is in construction contracting. currently employment and investment in that sector is.... not robust. those blue-collar workers and their families that the death/estate tax will throw onto the street will likely be there for a long time.
That's a simple answer - mistreat people enough and they rebel in one way or another. You can laugh at OWS all you want but regardless of your opinion of it, it's a sign of unrest. "The masses" are being pushed and, like any living organism, they push back in kind.and many of us-ie most of the GOP and almost all its representatives don't want to tax people more-especially those who are targeted by the parasitic dem politicians
so lets just cut cut cut and see what happens
Or we could just put a stop to campaign contributions?well the old adage would serve you best there: if you wish to get business out of politics, get the politicians out of business. folks only spend fortunes buying congresscritters because it earns them a decent return. a government so limited as to be incapable of such discrimination in its' treatment of citizens is unable to provide such a return, and thus attracts no investment.
your concept of fair share is based on
1) the from each according to their ability mantra
2) an apples to oranges comparison
3) supporting anything that makes other people pay more money to your beloved behemoth government
You're quite welcome.
Did you have a point you wanted to make, or was this just idle curiosity?
no. we do not agree with (and often do indeed look down upon) those who see the interests of the working class and wealthy as being inherently at odds.
well... for one example... you will note that in my post I point out that - according to the CBO - in fact we hit the wealthy and capital gains harder than wages .
did you even read the thing?