View Poll Results: Do the Rich Pay Their Fair Share?

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  • Yes

    82 45.30%
  • No

    99 54.70%
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Thread: Do the Rich Pay Their Fair Share of Taxes in the United States?

  1. #1041
    warrior of the wetlands
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by haymarket View Post
    When you say things like you just did, did it ever occur to you to actually read what you are responding to and speak to the points made in the post instead of merely giving us Turtle talking Point #3 or #7 or whatever?

    It might then approach something that we could call actual debate for once.

    yeah another Obama advisor whining about the waltons and claiming that taxing the rich more someone alleviates inequality.

    LOL all that taxing the rich more does is encourages more wasteful spending and buys more votes for the pandering pimps of the dem party

  2. #1042
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by TurtleDude View Post
    yeah another Obama advisor whining about the waltons and claiming that taxing the rich more someone alleviates inequality.

    LOL all that taxing the rich more does is encourages more wasteful spending and buys more votes for the pandering pimps of the dem party
    The pandering pimps of your party seem to be riding in limo's these days and the folks on the right they pander to cannot get enough of their nonsense. Your masters would be proud that you continue to spew their neologisms at every possible opportunity.
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  3. #1043
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by haymarket View Post
    The pandering pimps of your party seem to be riding in limo's these days and the folks on the right they pander to cannot get enough of their nonsense. Your masters would be proud that you continue to spew their neologisms at every possible opportunity.
    Yeah right, we want to ride our fox hunting horses over you peasants. There is that fixation with neologisms. You found a wiki definition that sounded impressive and you have beaten the dead horse until its hamburger

    and what is really funny is you don't even understand the term that you have adopted as your amulet

  4. #1044
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by TurtleDude View Post
    another rant about the rich that thinks raising taxes actually ends inequality or is charity.
    You don't have to be the world's most frequently cited economist (as is Stiglitz) to understand that a consumer economy cannot prosper when most of society's wealth is concentrated at the top, out of reach of the majority of consumers.

    Everyone with a basic understanding of economics knows this.
    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

  5. #1045
    Sage

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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Catawba View Post
    Its the economy stupid!!!

    "Why won’t America’s 1 percent—such as the six Walmart heirs, whose wealth equals that of the entire bottom 30 percent—be a bit more . . . selfish? As the widening financial divide cripples the U.S. economy, even those at the top will pay a steep price."
    Why was the portion above in bold text? The Waltons have been exceedingly successful.

    "Let’s start by laying down the baseline premise: inequality in America has been widening for dec*ades.
    Ok, but the author fails to connect the dots on why this has been happening.


    "The relationship is straightforward and ironclad: as more money becomes concentrated at the top, aggregate demand goes into a decline.
    Again the author fails to refer ANY source to substantiate this ‘ironclad’ assertion.

    This was an interesting read but the author fails in several of areas. It appears his underlying tenant is that more taxes (on the rich) would increase aggregate demand. The problem with this thesis is that ‘Keynesian style’ transfers have historically failed. Bush tried these when he implemented the ‘refund checks’ which did very little to stimulate the economy. President Obama tried this again in the stimulus bill with the tax cuts that again arguably failed. Further the current plan to ‘let the Bush tax cuts expire on the riches 2%’ will net a mere ~$90b annually, a mere pittance relative to the deficit. In considering this care must be taken as the ‘rich’ have the wherewithal to subvert excessive taxation whereas the 99% do not.

    As to the rest of Mr. Stiglitz’s opinions/rant I will finish with one of his latter points…’mistrust’…really…mistrust…REALLY in this day and age. How can one trust the leadership of the country given the typical ‘way they do business’.

  6. #1046
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Catawba View Post
    You don't have to be the world's most frequently cited economist (as is Stiglitz) to understand that a consumer economy cannot prosper when most of society's wealth is concentrated at the top, out of reach of the majority of consumers.

    Everyone with a basic understanding of economics knows this.
    Its amazing-economists' predictions rate right next to weather forecasters in terms of accuracy.

    why do you think wealth is concentrated at the top? I bet you think it is due to government not taking enough away-in other words you don't blame the indolent middle class and the poor but only the government and the rich.

    Its like saying that Nadal, ND and Federer cheat the rest of the tennis players out of grand trophies rather than criticizing the other players for not training as hard as the champions or not having as strong a mental game

  7. #1047
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Catawba View Post
    You don't have to be the world's most frequently cited economist (as is Stiglitz) to understand that a consumer economy cannot prosper when most of society's wealth is concentrated at the top, out of reach of the majority of consumers.
    REALLY, 'world's most frequently cited economist'! OH well then he MUST be right...

    Everyone with a basic understanding of economics knows this.
    Condescending much?...thank you for that.

  8. #1048
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Dickieboy View Post
    Why was the portion above in bold text? The Waltons have been exceedingly successful.
    Yes by treating their working class employees shabbily. Tell me how 6 super rich can stimulate the economy as much as 30 % of the population?



    Ok, but the author fails to connect the dots on why this has been happening.
    No, he connected them quite clearly.


    This was an interesting read but the author fails in several of areas.
    Thanks for you opinion anonymous internet guy, but I understand as one of the most frequently cited economists in the world does, that a consumer economy cannot prosper when most of society's wealth is at the top, out of reach of the majority of consumers.
    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

  9. #1049
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Dickieboy View Post
    REALLY, 'world's most frequently cited economist'! OH well then he MUST be right...



    Condescending much?...thank you for that.
    But of course-those who need the government to take care of them or who resent those who are wealthy, always have a far greater understanding of economics than those who actually are successfully economically

  10. #1050
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by Catawba View Post
    Yes by treating their working class employees shabbily. Tell me how 6 super rich can stimulate the economy as much as 30 % of the population?





    No, he connected them quite clearly.




    Thanks for you opinion anonymous internet guy, but I understand as one of the most frequently cited economists in the world does, that a consumer economy cannot prosper when most of society's wealth is at the top, out of reach of the majority of consumers.

    some of us tire of the attitude that people should be treated as bricks in the wall and that wealth should be handed out by ever wise control freak politicians rather than by the market.

    you see, if you want to use what is best for the economy as your sole reason to allocate wealth-even if it is anathema to individual rights than one can argue that euthanasia of those who are unable to care for themselves would be best for the economy as well

    which if course is not too farfetched because those who constantly want government to make thinks "more efficient and more fair" tend to end up supporting stuff like the "Cultural revolution"

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