View Poll Results: Do you think Obama wants to redistribute wealth?

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    96 80.00%
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    24 20.00%
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Thread: Do you think Obama wants to redistribute wealth?

  1. #101
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Canell View Post
    Well yeah, progressive taxation is by definition a redistribution of wealth. [/end thread]
    no, it isn't.

    add in a transfer of wealth( benefits, payments, subsidy) and you would be correct... but progressive taxation on its own is not wealth redistribution, it's merely a form of confiscation.

  2. #102
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Thrilla View Post
    uhh.. yeah, I would consider it as wealth redistribution.... because it is.


    it's the very definition of wealth redistribution.
    Ahh, I see. So can cut the tax we just ... don't make any offsetting accounting to make things balance. If I said "We'll eliminate FICA" = Not a wealth transfer. Yeah, now we have massive unfunded spending, but I guess we just kick that can indefinitely down the road never paying it? What do you think happens when you reduce taxes on capital gains? Are we supposed to just increase the size of the the national debt with no intention to ever pay? If you have a plan for us to eventually pay it, you've transferred wealth from those who will eventually pay it to the rich guys you just gave a nice tax cut to. If you plan to have other taxpayers make up the lost tax revenue you've still taken money from others. How do you reduce taxes on the rich without ... doing something else that harms someone else? I guess it's only a "wealth redistribution" when the benefit isn't to the rich. If it goes to the rich, we'll call it "trickle down"!

  3. #103
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Thrilla View Post
    but progressive taxation on its own is not wealth redistribution, it's merely a form of confiscation.
    Yeah, confiscating from some... to give to others, that's REDISTRIBUTION! At least in my vocabulary.

  4. #104
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Thrilla View Post
    do you care about my taxes?.... be honest.

    does anyone here really care about my taxes?... be honest if you can.
    Yes, actually being a very patriotic citizen I care very much about our citizens taxes. Are you a US citizen?

    I actually do care about your safety, healthcare access, clean water and air, opportunity to earn a fair wage and taxes.

  5. #105
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by vvx View Post
    Ahh, I see. So can cut the tax we just ... don't make any offsetting accounting to make things balance.
    kinda.... if you throw in a transfer.. it's redistrubtion
    If I said "We'll eliminate FICA" = Not a wealth transfer.
    correct, a tax cut is not a transfer.
    Yeah, now we have massive unfunded spending, but I guess we just kick that can indefinitely down the road never paying it?
    tax cuts are not spending items...outlays are.
    What do you think happens when you reduce taxes on capital gains?
    citizens pay less in capital gains taxes.
    Are we supposed to just increase the size of the the national debt with no intention to ever pay?
    cutting an outlay would be good advise, or maybe don't cut the tax in the first place.... but what you cannot do is conflate taxes and outlays, they are not the same
    If you have a plan for us to eventually pay it, you've transferred wealth from those who will eventually pay it to the rich guys you just gave a nice tax cut to
    no, you didn't transfer anything.. you confiscated less money from the rich folks, that's it.
    If you plan to have other taxpayers make up the lost tax revenue you've still taken money from others.
    by "make up lost tax revenue" i guess you mean a tax increase..correct?
    How do you reduce taxes on the rich without ... doing something else that harms someone else?
    interesting.. so paying less in taxes harms someone else... ok, but why did you only include the rich in on that?... would it not be true of anyone in any tax bracket?
    I guess it's only a "wealth redistribution" when the benefit isn't to the rich. If it goes to the rich, we'll call it "trickle down"!
    no, rich folks cab be beneficiaries of redistribution too... just not like you are arguing here.

    listen, a rich guy ending up with more of his own money after tax day is not, nor will it ever be, wealth redistribution... it's his money. there has been no transfer... the government taking less of his money is not the same as giving the rich guy someones else's money.

  6. #106
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    Re: Do you think Obama wants to redistribute wealth?

    This thread is pathetic.

    We have a thread title that asks if you think Obama wants to redistribute wealth. So...what do people talk about? The definition of "redistribute wealth". What a waste of time.

    Obama, himself, has stated that he wants to redistribute wealth. Why is there a question at all?


    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

  7. #107
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    Re: Do you think Obama wants to redistribute wealth?

    And more:



    Even his Health Czar wants redistribution of wealth:

    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

  8. #108
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    Re: Do you think Obama wants to redistribute wealth?

    Now...if y'all insist on talking about the definition of "redistribute wealth", then I refer you to that great economist and thinker: Milton Freidman

    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

  9. #109
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Navy Pride View Post
    Again what planet are you from? We are talking about tax increases on the wealthy...
    Ah, I see, you don't mean "redistributing" wealth, you mean the current Republican party line as to what "wealth redistribution" is...


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  10. #110
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Diogenes View Post
    Sure he does. That gives the unproductive members of society (like community agitators) access to, and control over, wealth produced by others.
    I like you signature choice - Abe babe kept slaves right?

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