View Poll Results: Are savings from a tax law change "income the tax payer did not earn"?

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  • Yes, if the government takes less-it is unearned income for you

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  • No-it was money you earned in the first place

    23 100.00%
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Thread: Are savings from a tax law change "income the tax payer did not earn">

  1. #31
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by TurtleDude View Post
    stop the stupidity

    he was saying that when the government changes the tax laws and takes less from a "rich person" that is unearned.

    that is idiotic
    No, he was responding directly to your comment that tax cuts are earned. He specifically quoted you saying the tax cuts are earned(you said it twice in two sentences, the only sentences he quoted). He then said the tax cuts was not earned.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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  2. #32
    global liberation

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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Obviously money is what the discussion is about. Tax cuts aren't earned. Maybe I'm wrong, I'll ask again. How can a tax cut be earned?

  3. #33
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by ecofarm View Post
    No dude, it's based on how our government works. Everyone should understand that the government doesn't make a profit and has no money of its own. That's basic social studies, like 8th grade. Failure to understand that could lead to catastrophic missteps in both economic reasoning and understanding reality.
    Now if the right-wingers would accept this and quit expecting the government to act like a business we might get somewhere!
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  4. #34
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by TurtleDude View Post
    Some posters have claimed that the Bush tax rates (now the Obama tax rates) which resulted in taxpayers receiving "Unearned income". In other words if you made 500K and your pre-Bush tax law Federal income tax was 150K and after the new tax rates were passed your tax became 135K does that 15K savings constitute 15K UNEARNED INCOME to you?
    That sounds like nonsense to me. Complete nonsense. The entire $500 K is what the taxpayer earned. All of it. That government subsequently takes any amount of it away from him in taxes does not mean that he earned any less than the full before-taxes amount. Not one penny out of it is “unearned income”.
    The five great lies of the Left Wrong:
    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

  5. #35
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by StillBallin75 View Post
    From an economic standpoint, these are merely two sides of the same coin. There really isn't a substantive difference objectively.
    There is a huge difference. The difference is whether we consider an individual to own himself, his labor, and the fruits thereof; or whether we consider an individual to be the property of the government, which generously allows him to keep some portion of the fruits of his labor.
    The five great lies of the Left Wrong:
    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

  6. #36
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by TurtleDude View Post
    actually the difference is important

    it is the difference between who really owns the wealth
    And thus who owns the individual worker who creates that wealth. Does the worker own himself, or does the government own him? Really, it is the most fundamental difference between freedom and slavery.
    The five great lies of the Left Wrong:
    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

  7. #37
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by ecofarm View Post
    No dude, it's based on how our government works. Everyone should understand that the government doesn't make a profit and has no money of its own. That's basic social studies, like 8th grade. Failure to understand that could lead has led to catastrophic missteps in both economic reasoning and understanding reality.
    Fixed it for you.
    The five great lies of the Left Wrong:
    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

  8. #38
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by Bob Blaylock View Post
    And thus who owns the individual worker who creates that wealth. Does the worker own himself, or does the government own him? Really, it is the most fundamental difference between freedom and slavery.
    The Property Mentality rears it's ugly head once again. Sad that people hide the worst of human nature behind the ideal of money. I suppose they're too weak to face the reality.
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

  9. #39
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by TurtleDude View Post
    stop the stupidity

    he was saying that when the government changes the tax laws and takes less from a "rich person" that is unearned.

    that is idiotic
    Since the "rich" have "unearned income" in the form of profits from the sale of stocks, bonds, and investment properties then a tax cut on that "unearned income' is an "unearned tax credit". If you disagree then take it up with the IRS.

  10. #40
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    Re: Are savings from a tax law change "income the tax payer did not earn">

    Quote Originally Posted by ecofarm View Post
    Tax cuts need be "earned"? How? I hope you're not gonna tell me that the way to earn a tax cut is to make less money.
    If a tax cut is given on the grounds that the cut will generate jobs, and no jobs are forthcoming, then the reason for the cut was a lie and the tax cut is "unearned" - as in "did not meet expectations". I'm sure an employer hiring a worker to make 100 widgets a day but only getting 10 widgets a day would say that worker's wages were not earned, too, and for the same reason - "did not meet expectations".
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

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