View Poll Results: Why are these "entitlements" not a part of our National dialogue?

Voters
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  • Political pressure from the wealthy.

    5 35.71%
  • Ignorance of the non-wealthy.

    4 28.57%
  • It's simply not true.

    3 21.43%
  • Other.

    2 14.29%
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Thread: 5 Ways Rich People's "Entitlements" Cheat You and Me

  1. #51
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by MaggieD View Post
    The first peace-time income tax in the United States was a flat 2% on incomes over $4,000. Fewer than 10% paid any tax at all. That $4,000, inflation adjusted from 1913, would be $108,000 today.

    Let's go back to the good old days!!
    To the days of a zero revenue government?

  2. #52
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    The government doesn't need more tax money to redistribute to social programs. The government needs to write legislation and enforce regulations that prevent big corporations from price manipulation, monopolies, unfair trade, no-bid contracts, bail outs, influence peddling, tax evasion, etc.

    The problem is the economy. The problem with the economy is that there's not enough money being earned and spent by the middle class. The government and the corporations, control a majority of the jobs and money, therefore they are the problem. Not a bunch of poorer, less fortunate people, who have little to nothing to say about how those in control of employment and the money, hire and spend it.
    Einstein, "science without religion is lame, religion without science is blind."

  3. #53
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by Redress View Post
    That was my assumption so I went with it.
    I disagree. It's about colors! If important put it in red.

  4. #54
    warrior of the wetlands
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by sangha View Post
    Actually, it's the transfer of ownership that should trigger the tax assessment

    But I agree that taxes should only be assessed on the gain and not the total value of the asset
    fair point- I don't believe wealth remaining in a family is a proper transfer justifying taxes



  5. #55
    warrior of the wetlands
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by DaveFagan View Post
    Well, the USA has more citizens in jail, per capita, than any other Nation. Replace those marijuana smokers in jail with bankers and society will benefit greatly. Sow some fear of prosecution in the banking community and perhaps the business community and the situation might resolve itself. Don't ignore the Military/Industrial/Corporate siphon hoses to the taxpayer wallets. They'd look good in stripes, orange jump suits, pink underwear and buttcovers with three stars so everybody will know how important they are.

    again, this is stuff that should be in the conspiracy section. or the butt hurt I hate the rich section



  6. #56
    Sage
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by sawyerloggingon View Post
    Your incentive to work is for a paycheck, Your incentive to invest and risk losing your money is tax benefits. The tax "dodge" is one of the things that makes the risk more palatable.
    No, the incentive to invest is the same as the incentive to invest - to make money
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  7. #57
    Sage
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by MaggieD View Post
    No. Generally, after-tax money purchases the annuity. The income earned from that annuity is tax-deferred. That can, believe me, be a sizeable chunk of change. As an example, this woman purchased an annuity 30-some years ago (that and many others, by the way). When she died, the annuity cashed out at over $120,000...$100,000 was taxed on her final tax return.
    If it's bought with after-tax money, then it's already been taxed. At least the principal has been.

    I don't know the deails of that particular annuity, but I stand by the claim that some portions of an estate can be income/gains that has never been taxed and that those moneys should be subject to an income tax.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  8. #58
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by MaggieD View Post
    The first peace-time income tax in the United States was a flat 2% on incomes over $4,000. Fewer than 10% paid any tax at all. That $4,000, inflation adjusted from 1913, would be $108,000 today.

    Let's go back to the good old days!!
    Yes, the good ole days, when life expectancy was much lower, and income and standards of living were too!! But hey, you could always make up the difference by putting your kids to work in a factory instead of wasting their time in school

    Pining for the good ole days is just a short step away from yelling at the kids to get off your lawn
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  9. #59
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by sangha View Post
    No, the incentive to invest is the same as the incentive to invest - to make money
    Tax breaks sweeten the pie and encourage risk taking.

  10. #60
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by TurtleDude View Post
    again, this is stuff that should be in the conspiracy section. or the butt hurt I hate the rich section
    What's the matter with you. Are you stuck on that conspiracy BS, like a stutterer gets stuck on b-b-bb-b-b--bT. Or what?

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