View Poll Results: Is it unreasonable to pay a little more?

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  • Yes. I'm a greedy bastard!! I need MORE!!!

    28 28.87%
  • No. There's comes a point in wealthiness where it just doesn't even matter anymore.

    61 62.89%
  • I'm not sure.

    8 8.25%
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Thread: Is it unreasonable for the wealthiest to pay a little more?

  1. #311
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by Boo Radley View Post
    Kind of a poor effort to avoid what's being argued.
    no but then again I couldn't care less. the fact is the progressive income tax remains because there are more voters who benefit from it than those who are screwed over by it

  2. #312
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by TurtleDude View Post
    no but then again I couldn't care less. the fact is the progressive income tax remains because there are more voters who benefit from it than those who are screwed over by it
    Can you point to a recent vote on it?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  3. #313
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by Boo Radley View Post
    Can you point to a recent vote on it?
    why the diversion? the progressive tax is not something the GOP will get rid of because they would lose the next election big time-too many parasites in government and the voters addicted to it

  4. #314
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by TurtleDude View Post
    why the diversion? the progressive tax is not something the GOP will get rid of because they would lose the next election big time-too many parasites in government and the voters addicted to it
    And you know this how? You do know most people work for a living, right?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  5. #315
    warrior of the wetlands
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by Boo Radley View Post
    And you know this how? You do know most people work for a living, right?
    because I am very smart and I understand such things


    actually lots of people don't work these days

  6. #316
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by TurtleDude View Post
    because I am very smart and I understand such things


    actually lots of people don't work these days
    I'm not convince by your lack of evidence, while some people think ten is a lot, the remains more wrk than don't.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  7. #317
    warrior of the wetlands
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by Boo Radley View Post
    I'm not convince by your lack of evidence, while some people think ten is a lot, the remains more wrk than don't.
    that doesn't make much sense.

  8. #318
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by TurtleDude View Post
    that doesn't make much sense.
    What are you not getting, the fact that a lot doesn't give me any idea what you consider a lot, or that most, a majority actually work?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  9. #319
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Its a moot point now, a done deal! Both sides finally came together to do what they were hired to do, represent the majority of American voters on tax rates.
    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

  10. #320
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    Re: Is it unreasonable for the wealthiest to pay a little more?

    Quote Originally Posted by RabidAlpaca View Post
    His percentage was so low because it was mostly capital gains. Capital gains is 15% for everybody, to include you. When you tax capital gains you're taxing money TWICE. So if you go out, work hard, and make money, you have to pay a tax on it. If you then take that after tax money and invest it, the government will come in and tax you again on the same capital.
    Nothing could be further from the truth. It is a capital GAINS tax, not a capital tax (which DOES exist in some countries - heck even some states). You only pay capital gains tax on money that was given to you because your asset was sold for more than you paid. Problem is, when that happens, someone else had a corresponding loss (either in cash or value) and zero wealth is created - it is merely being redistributed.

    Double taxation happens on DIVIDEND income - in which case the company pays its tax on earnings and then you pay again on your share of the tax paid profits of the company shared with you by paying a dividend.

    An intelligent tax system would tax the living crap out of capital gains - because when a capital gain occurs, there is zero wealth created. 99% of what Wall Street does is just that - capital gains in the world of Casino Capitalism - where everything is run for a capital gain and nobody is INVESTING any money into productive ventures. Of course, the balance is that dividend income should NEVER be taxed - driving money into productive assets.

    Now you know how I voted and why. Tax capital gains to death and kill of Wall Street's Casino Capitalism the creates zilch and bring CAPITALISM back into the world by leaving the field open for actual investment in businesses that make things and actually DO something. Most of the really wealthy people make very little of their money from wealth that is created - they instead live on capital gains from wealth that is re-distributed. No harm in taxing that back to discourage such horrid use of capital.

    Meanwhile, do I think it will make any difference to the debt crisis? Hell no! The US makes Greece look like a truly conservative country. It is spending far, far beyond its diminished means and is doing nothing to make the money it will need in the future to fund even a modest portion of that largess.
    Last edited by cannuck; 01-04-13 at 12:25 AM.

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