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Thread: Would the rich miss 5%?

  1. #31
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    Re: Would the rich miss 5%?

    If taxing them an exta 5% is "Stealing" from them....what do you guys call the millions in dollars that was given to them by GWB's taxcuts for the rich, corporate charity?
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: Would the rich miss 5%?

    Quote Originally Posted by disneydude View Post
    If taxing them an exta 5% is "Stealing" from them....what do you guys call the millions in dollars that was given to them by GWB's taxcuts for the rich, corporate charity?
    Wait, wait wait.... decreasing the amount of money one steals from someone is now considered "giving" them money?? Seriously?

    Yeah, Okay. I'll come by your house and steal food every night. Then later maybe I'll decide to take less food and you can consider that 'charity', mkay?

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    Re: Would the rich miss 5%?

    Quote Originally Posted by rivrrat View Post
    Wait, wait wait.... decreasing the amount of money one steals from someone is now considered "giving" them money?? Seriously?

    Yeah, Okay. I'll come by your house and steal food every night. Then later maybe I'll decide to take less food and you can consider that 'charity', mkay?
    That's one way to spin it.

    So let me get it straight.....anytime you cut taxes for the wealthy you are simply taking less of their money...
    But anytime taxes are raised....you're stealing money from them.

    I gotta hand it to you for your creativity though.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

  4. #34
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    Re: Would the rich miss 5%?

    What is with this notion that taxes = stealing?

    Sure, if you taxed someone and then provided absolutely nothing, that would be theft. But that isn't this country. I blame American history. We're willing to revolt over relatively tiny taxes used to recover costs to protect us from Indians while the British in England were in many ways financially raped to pay for our costs. Go figure.

    Increasing taxes without increasing net value to the taxed in services, stability, etc over the long run is not acceptable though.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Would the rich miss 5%?

    Quote Originally Posted by obvious Child View Post
    What is with this notion that taxes = stealing?

    Sure, if you taxed someone and then provided absolutely nothing, that would be theft. But that isn't this country. I blame American history. We're willing to revolt over relatively tiny taxes used to recover costs to protect us from Indians while the British in England were in many ways financially raped to pay for our costs. Go figure.

    Increasing taxes without increasing net value to the taxed in services, stability, etc over the long run is not acceptable though.
    In their minds.....its "stealing" if its taken from the rich.
    Only the poor and the middle classes should pay taxes.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

  6. #36
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    Re: Would the rich miss 5%?

    Quote Originally Posted by disneydude View Post
    In their minds.....its "stealing" if its taken from the rich.
    Only the poor and the middle classes should pay taxes.
    Not really. They are opposed to tax increases in general on anyone, which in theory is not bad, but somewhat ignorant of economic realities. The mantra of taxation = theft is rather lame and incoherent when you examine actual taxation in the modern world.

    Taxation can become theft under certain conditions. But taxation in general is not theft. Right now taxes are being used to bail out big corporate firms who have many shareholders who are rich who are likely to profit quite well after buying the stock back at rock bottom prices. Hard to reasonably argue that's theft when there is clear benefit to the rich person holding the stock. Some people tend to forget that our taxation is largely going to maintain the system in which the rich made their money.

    Now, if we had a system where there was no benefit to the rich, I'd be in the same boat calling taxation of the rich theft.

    If you really want to talk about theft, it's inflation. That's is by definition theft. You involuntarily lose wealth and you get nothing in return.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Would the rich miss 5%?

    Quote Originally Posted by disneydude View Post
    If taxing them an exta 5% is "Stealing" from them....what do you guys call the millions in dollars that was given to them by GWB's taxcuts for the rich, corporate charity?
    Stealing.

    All subsidies going to the poor, to the corporations, to business sectors, and to everything not granted in the Constitution, is theft from the citizens.

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    Re: Would the rich miss 5%?

    Quote Originally Posted by obvious Child View Post
    What people tend to ignore is the $50+ trillion unfunded liabilities sitting in a dark corner in the US. They focus on short term issues and ignore the real problem. A minor tax increase is nothing compared to what we'll have to do to pay off that monster. Some perspective is in order.
    A minor tax increase will never pay it off. Eventually, this baby is going down.

  9. #39
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    Re: Would the rich miss 5%?

    Quote Originally Posted by lizzie View Post
    Stealing.

    All subsidies going to the poor, to the corporations, to business sectors, and to everything not granted in the Constitution, is theft from the citizens.
    You appear to have confused the process of government spending.

    Where the money goes after it is collected by taxation is not part of taxes. Therefore, your argument of the final ending point of taxes = theft is invalid.

    Is the money a non-profit makes from engaging in commercial business completely unrelated to its purpose not taxable because it's using it for its exempted purpose? Not a chance.

    Just because you don't like where the money goes does not equate to taxation in itself equating to theft. Generation and final point are two different concepts.

    And the Constitution dictates that Congress has the power to levy taxes.

    A minor tax increase will never pay it off. Eventually, this baby is going down.
    It's questionable if a 50% increase will pay it off. We're going to need to jack up taxes and cut spending if we are to have any hope.
    Last edited by obvious Child; 11-19-09 at 11:54 PM.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Would the rich miss 5%?

    Quote Originally Posted by obvious Child View Post
    Not really. They are opposed to tax increases in general on anyone, which in theory is not bad, but somewhat ignorant of economic realities. The mantra of taxation = theft is rather lame and incoherent when you examine actual taxation in the modern world.

    Taxation can become theft under certain conditions. But taxation in general is not theft. Right now taxes are being used to bail out big corporate firms who have many shareholders who are rich who are likely to profit quite well after buying the stock back at rock bottom prices. Hard to reasonably argue that's theft when there is clear benefit to the rich person holding the stock. Some people tend to forget that our taxation is largely going to maintain the system in which the rich made their money.

    Now, if we had a system where there was no benefit to the rich, I'd be in the same boat calling taxation of the rich theft.

    If you really want to talk about theft, it's inflation. That's is by definition theft. You involuntarily lose wealth and you get nothing in return.
    You never hear them complain about taxes on the middle class and the poor...but they sure do squawk when the rich are asked to pay.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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