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

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  • Yes

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

  1. #691
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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
    the only consistency we get from the far left is wanting more taxes taken from those who are more industrious than they are. They ignore the sound reasons why LTCG or dividend income is taxed at a lower rate
    It takes nearly ZERO INDUSTRIOUSNESS to cash a check for capital gains revenues.

    It is easy to ignore what is never presented by you.
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by American View Post
    "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Thomas Jefferson
    "Watch me pull a rabbit out of my hat."

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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
    there is your major fail. Those rates are not discriminatory. THe real discrimination is your call for the rich to pay more taxes in areas where a progressive rate is not appropriate.

    What is discriminatory is the tax on earned income where the rich keep far less than the middle class
    The rates are NOT discriminatory? Really? And somehow someway you deny the reality that a million dollar income in wages gets a tax rate of almost 35% but a million dollars in capital gains gets a tax rate of 15% and that is somehow someway not preferential nor discriminatory?

    Amazing!!!!!

    An you further deny that when one gets one million dollars in inheritance and the pay ZERO tax upon tht same one million dollars that nice little massage to the behind of the wealthy is not somehow someway preferential or discriminatory?

    That is even more AMAZING!!!!!!!
    Last edited by haymarket; 06-17-12 at 09:17 AM.
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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
    It takes nearly ZERO INDUSTRIOUSNESS to cash a check for capital gains revenues.
    That is correct. It also takes nearly zero industriousness to cash a check for building a boat, or doing an audit, or painting a building. Not really sure why you thought this a point worth making.


    What does take industriousness, mind you, is working over a period of time and building up savings, which you then have to spend time and energy investing in productive venues so as to not lose them.

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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 rates are NOT discriminatory? Really? And somehow someway you deny the reality that a million dollar income in wages gets a tax rate of almost 35% but a million dollars in capital gains gets a tax rate of 15% and that is somehow someway not preferential nor discriminatory?

    Amazing!!!!!

    An you further deny that when one gets one million dollars in inheritance and the pay ZERO tax upon tht same one million dollars that nice little massage to the behind of the wealthy is not somehow someway preferential or discriminatory?

    That is even more AMAZING!!!!!!!
    well I"m happy you are amazed at the wonder of our modern society. But as we pointed out in that long-drawn-out bit on the death/estate/whatever tax, there are lots of ways in which parents pass on wealth to their children. As I recall, you were fine with discrimination so long as it was for things of which you approved (education, cars, etc.).

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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 rates are NOT discriminatory? Really? And somehow someway you deny the reality that a million dollar income in wages gets a tax rate of almost 35% but a million dollars in capital gains gets a tax rate of 15% and that is somehow someway not preferential nor discriminatory?

    Amazing!!!!!

    An you further deny that when one gets one million dollars in inheritance and the pay ZERO tax upon tht same one million dollars that nice little massage to the behind of the wealthy is not somehow someway preferential or discriminatory?

    That is even more AMAZING!!!!!!!
    And yet two "regular" working citizens, at the same job, for the same hourly wage, working side by side SHOULD have different IRS tax bills because? To discuss "fair" taxation, one must first define "fair" taxation; is that NOT a single rate or percentage of each citizen's income, from ALL sources, after a reasonable but EQUAL "standard" deduction? When the family farmland is passed along, from father to son, just how much of that land should be ceded to the gov't in taxes?
    Last edited by ttwtt78640; 06-17-12 at 09:32 AM.
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    Re: Do the Rich Pay Their Fair Share of Taxes in the United States?

    Quote Originally Posted by cpwill View Post
    That is correct. It also takes nearly zero industriousness to cash a check for building a boat, or doing an audit, or painting a building. Not really sure why you thought this a point worth making.


    What does take industriousness, mind you, is working over a period of time and building up savings, which you then have to spend time and energy investing in productive venues so as to not lose them.
    Allow me to elaborate and connect the dots for you since the obvious implication seems to have escaped you. The person who labors for their check, has earned that check with their own industry. Many people who get checks for long term capital gains are merely cashing the check and they did absolutely nothing to earn it in any way shape or form. They got it through a pure accident of birth. They earned nothing.
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    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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

    Quote Originally Posted by cpwill View Post
    well I"m happy you are amazed at the wonder of our modern society. But as we pointed out in that long-drawn-out bit on the death/estate/whatever tax, there are lots of ways in which parents pass on wealth to their children. As I recall, you were fine with discrimination so long as it was for things of which you approved (education, cars, etc.).
    Please do feel free to back up your claims with my words by providing quotes.

    Your so called "recall" is not going to suffice.
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    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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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
    Allow me to elaborate and connect the dots for you since the obvious implication seems to have escaped you. The person who labors for their check, has earned that check with their own industry. Many people who get checks for long term capital gains are merely cashing the check and they did absolutely nothing to earn it in any way shape or form. They got it through a pure accident of birth. They earned nothing.
    This is NOT true for a 401K plan because? This is NOT true for inheriting the family farmland because? When you sell your house, the "capital gain" should NOT be taxed, in the year of the sale, because?
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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

    You seem to be missing the point.

    This was in response to an earlier poster

    from TurtleDude
    the only consistency we get from the far left is wanting more taxes taken from those who are more industrious than they are. They ignore the sound reasons why LTCG or dividend income is taxed at a lower rate
    My response which was


    It takes nearly ZERO INDUSTRIOUSNESS to cash a check for capital gains revenues.
    The whole point of my comment was it sets my teeth on edge when I read the utterly screaming hypocrisy of trust fund babies whining and bitching about a lack of INDUSTRIOUSNESS in others simply because they have the luck of birth to cash those checks which they did absolutely nothing to earn.

    Are we clear on the context of that now?
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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