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

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  • Yes

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

  1. #61
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Einzige View Post
    When they are selective, again, they absolutely are.

    You have two businesses. Business A is a domestic producer of widgets. Business B is a foreign producer of widgets that sells widgets in your domestic markets. You want Business A to be competitive against Business B, so you cut its corporate taxes while maintaining the import taxes on Business B. You've just penalized Business B and, in effect, redistributed its profits to Business A.

    A real-life example would be the Earned Income Tax Credit, which I support.
    no, you have not redistributed any profits to business A.. as you have not transferred anything to business A....sorry.

    you have simply confiscated less from Business A than Business B.

    end result is that business A has more money in it's coffers than Business B due to taxation differences... but that doesn't make it redistribution.

  2. #62
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Thrilla View Post
    no, you have not redistributed any profits to business A.. as you have not transferred anything to business A....sorry.

    you have simply confiscated less from Business A than Business B.

    end result is that business A has more money in it's coffers than Business B due to taxation differences... but that doesn't make it redistribution.
    It makes it effective redistribution, as you're denying to Business B the profits that it would have otherwise made in competition on a level playing field against Business B.
    I dip my forefinger in the watery blood of your impotent mad-redeemer (your Divine Democrat — your Hebrew Madman) and write over his thorn-torn brow, “The true prince of Evil — the king of the Slaves!”
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  3. #63
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Thrilla View Post
    tax cuts are not wealth redistribution..... I don't care how many times you people argue as much, it will never be true.


    Well then you just made a case for Obama! I am one of the upper middle class full time worker that benefited and pays lower taxes under Obama and was able to keep my sons on my private health insurance policy!

    President Obama has cut taxes for middle-class families and small businesses. One of the first things he did in office was cut taxes for 95 percent of working families. He has also signed 18 tax cuts for small businesses and extended the payroll tax cut for all American workers and their families, putting an extra $1,000 in the typical middle-class family’s pocket.

    For too long, the U.S. tax code has benefited the wealthy and well-connected at the expense of the vast majority of Americans. That's why President Obama proposed the Buffett Rule, asking millionaires and billionaires to do their fair share. But if you're one of the 98 percent of American families who make under $250,000 a year, your taxes won’t go up.


    The President has asked Congress to take action to reform our tax code and close tax loopholes for millionaires and billionaires, as well as hedge fund managers, private jet owners, and oil companies.

    President Obama supports reform that cuts corporate tax rates, closes loopholes, and rewards investment in America to make our businesses and workers more competitive in a global economy.
    http://www.barackobama.com/record/taxes
    .
    Last edited by Turin; 09-14-12 at 01:54 AM.

  4. #64
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Navy Pride View Post
    What do you think and why would he want to do that?
    He's a democrat. They love to take stuff from the people who earn it and give it to the people who don't deserve it. They want to control the government by making the misinformed like them because of all the free stuff they get.
    "Only the dead have seen the end of war..." -Plato

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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Dion View Post
    Well then you just made a case for Obama! I am one of the upper middle class full time worker that benefited and pays lower taxes under Obama and was able to keep my sons on my private health insurance policy!


    President Obama has cut taxes for middle-class families and small businesses. One of the first things he did in office was cut taxes for 95 percent of working families. He has also signed 18 tax cuts for small businesses and extended the payroll tax cut for all American workers and their families, putting an extra $1,000 in the typical middle-class family’s pocket.

    For too long, the U.S. tax code has benefited the wealthy and well-connected at the expense of the vast majority of Americans. That's why President Obama proposed the Buffett Rule, asking millionaires and billionaires to do their fair share. But if you're one of the 98 percent of American families who make under $250,000 a year, your taxes won’t go up.


    The President has asked Congress to take action to reform our tax code and close tax loopholes for millionaires and billionaires, as well as hedge fund managers, private jet owners, and oil companies.

    President Obama supports reform that cuts corporate tax rates, closes loopholes, and rewards investment in America to make our businesses and workers more competitive in a global economy.
    His tax code reform cost my parents an additional 2000 in taxes in the middle class. He cannot hope to fund his healthcare reform by cutting taxes. Where would he get the money for it? Oh yeah, I forgot they could just print more and hurt the value of the dollar even further.
    "Only the dead have seen the end of war..." -Plato

    Quote Originally Posted by MichaelJR
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by liblady View Post
    Actually, tonight it's puerto rican beer, medalla. Why should the disadvantaged ALWAYS be the first to pay for massive mistakes in republican administrations?
    well, they don't... you are buying the koolaid without checking to see if it's tasty and true.

    the "disadvantaged" rarely, if ever, pay for anything having to do with government.... that is simple fact.
    it's even rare that the disadvantaged have benefits cut or reduced... extremely rare.

    the most that you can accurately say is that their benefits don't grow as fast as they do at other times...or in the case of SS, they have to wait longer to collect.
    but the idiotic campaign rhetoric you are parroting is simply false.

    iuf anyone should be bitchin, it should be me... watching as the government is transformed into one bigass handout factory of bloated wasteful behavior... watching as a government provides incentives for sloth, greed, thievery,and unproductive behavior ...of rich and poor alike.
    democrats and republicans have very little to whine about, overall... y'all get everything you want from mommy government, and it's all paid for from the magical money tree that grows out behind the Mint.. y'all whine about the poor needing this, the rich needing that, the minorities needing this, the spotted owl needing that..wants. needs, and desires are covered... and not a one of you has figured out how to pay for them all.

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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Krystov View Post
    His tax code reform cost my parents an additional 2000 in taxes in the middle class.
    Numbers exactly or it did not happen.

    I earned 176,800 and paid 1700 less in taxes and was able to keep my two college sones on my PRIVATE policy directly to ACA.

    President Obama as promised delivered tax relief for 95 percent of working families. As Steve Benen noted at the time, it was the largest two-year tax cut in American history. But thanks to the jet-engine decibel level of right-wing rage, a cacophony willingly amplified by the media, that accomplishment was drown out. As the New York Times asked just before the 2010 midterm elections, "What if a president cut Americans' income taxes by $116 billion and nobody noticed?
    "

    HCR has already saved hundreds of millions in medicare fraud ... RACS!

    http://www.healthreform.gov/affordab...t_summary.html
    Last edited by Turin; 09-14-12 at 01:49 AM.

  8. #68
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by liblady View Post
    I absolutely do not believe "social justice" is pissing money away.
    It absolutely is, when 'justice' has no basis in sound economic principles and will only contribute to greater hardship.

    Before he passed away, my father told me a story about when he was a schoolboy. The schools were holding fundraisers, gathering up nickels and dimes, in order to free the Christian slaves in the Sudan. The idea was, they'd take this money into Africa and buy as many slaves as they could and set them free. They discontinued this program in short order when they discovered that the number of slave raids and slaves taken had more than tripled almost overnight-- it turns out the slavers liked good American money.

    Read in the news recently that some townships are considering 'solving' the housing crisis through eminent domain: people in underwater houses would apply for assistance, and the government would use eminent domain to seize the property from the bank-- at current market value-- and sell it back to the homeowner at a reduced rate. I'll leave it to your imagination what this is going to do to the housing market if it ever actually happens.

    The problem with 'social justice' is that it is applying moral principles to amoral systems. The economy isn't a social institution, it's the jungle and the law of the jungle can not be denied; panthers that refuse to eat bunny rabbits starve.

    Quote Originally Posted by liblady View Post
    As a society, we are only as great as how we treat the least of us. We have a duty to provide for our fellow citizens who are incapable of doing so, period. As far as spending, I would much rather spend money on school lunches than on ****ed up mother ****ing godamned wars.
    Sure. Hell, I've seen studies that say every dollar we put in the public schools is worth three dollars of tax revenue. I'm not opposed to investing in infrastructure and education and human services-- I'm just opposed to the typically idiotic left-wing way of screwing those things up.

  9. #69
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    Re: Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Dion View Post
    Well then you just made a case for Obama! I am one of the upper middle class full time worker that benefited and pays lower taxes under Obama and was able to keep my sons on my private health insurance policy!


    President Obama has cut taxes for middle-class families and small businesses. One of the first things he did in office was cut taxes for 95 percent of working families. He has also signed 18 tax cuts for small businesses and extended the payroll tax cut for all American workers and their families, putting an extra $1,000 in the typical middle-class family’s pocket.

    For too long, the U.S. tax code has benefited the wealthy and well-connected at the expense of the vast majority of Americans. That's why President Obama proposed the Buffett Rule, asking millionaires and billionaires to do their fair share. But if you're one of the 98 percent of American families who make under $250,000 a year, your taxes won’t go up.


    The President has asked Congress to take action to reform our tax code and close tax loopholes for millionaires and billionaires, as well as hedge fund managers, private jet owners, and oil companies.

    President Obama supports reform that cuts corporate tax rates, closes loopholes, and rewards investment in America to make our businesses and workers more competitive in a global economy.

    when quoting directly from a source, you are required to give the link..else it's considered plagarism.

    here.. i'll do it for you.

    http://www.barackobama.com/record/taxes

  10. #70
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    Do you think Obama wants to redistribute wealth?

    Quote Originally Posted by Dion View Post
    Well then you just made a case for Obama! I am one of the upper middle class full time worker that benefited and pays lower taxes under Obama and was able to keep my sons on my private health insurance policy!


    President Obama has cut taxes for middle-class families and small businesses. One of the first things he did in office was cut taxes for 95 percent of working families. He has also signed 18 tax cuts for small businesses and extended the payroll tax cut for all American workers and their families, putting an extra $1,000 in the typical middle-class family’s pocket.

    For too long, the U.S. tax code has benefited the wealthy and well-connected at the expense of the vast majority of Americans. That's why President Obama proposed the Buffett Rule, asking millionaires and billionaires to do their fair share. But if you're one of the 98 percent of American families who make under $250,000 a year, your taxes won’t go up.


    The President has asked Congress to take action to reform our tax code and close tax loopholes for millionaires and billionaires, as well as hedge fund managers, private jet owners, and oil companies.

    President Obama supports reform that cuts corporate tax rates, closes loopholes, and rewards investment in America to make our businesses and workers more competitive in a global economy.
    When you do not quote and cite your sources it's called plagiarism.

    http://www.barackobama.com/record/taxes

    President Obama has cut taxes for middle-class families and small businesses. One of the first things he did in office was cut taxes for 95 percent of working families. He has also signed 18 tax cuts for small businesses and extended the payroll tax cut for all American workers and their families, putting an extra $1,000 in the typical middle-class family’s pocket.
    For too long, the U.S. tax code has benefited the wealthy and well-connected at the expense of the vast majority of Americans. That's why President Obama proposed the Buffett Rule, asking millionaires and billionaires to do their fair share. But if you're one of the 98 percent of American families who make under $250,000 a year, your taxes won’t go up.
    The President has asked Congress to take action to reform our tax code and close tax loopholes for millionaires and billionaires, as well as hedge fund managers, private jet owners, and oil companies.
    President Obama supports reform that cuts corporate tax rates, closes loopholes, and rewards investment in America to make our businesses and workers more competitive in a global economy.
    “Tyranny is defined as that which is legal for the government but illegal for the citizenry.”
    ― Thomas Jefferson

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