View Poll Results: Doesn't a middle class tax cut also benefit the rich?

Voters
22. You may not vote on this poll
  • Yes

    20 90.91%
  • No

    2 9.09%
  • I don't know.

    0 0%
Page 8 of 9 FirstFirst ... 6789 LastLast
Results 71 to 80 of 81

Thread: Doesn't a middle class tax cut also benefit the the Rich?

  1. #71
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:21 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,723

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by upsideguy View Post
    The solution is a mix of spending cuts, tax increases and an improved economy. It is a blend, there is no single answer.

    I am coming around to the notion that tax cuts should be extending on those making over $250K, with the marginal rate on incomes in excess of $1MM increased to 50%. The bifurcation of economic classes only serves to weaken this country long-term. There is no reason for the expontentially increasing ratio of CEO/Mail room pay that we have experienced in this country. The very high marginal tax rates pre-Reagan did serve to dis-incentivize very high executive pay in favor of re-investment and better pay for rank and file workers.
    I am of the opinion that everyonee should be entitled to keep the same amount of the next dollar they earn so politicians cannot pander to the many to jack up the tax rate of a few. its obscene to say that someone should keep less than half of the next dollar he earns.

    I agree some CEO salaries appear to be Ego Driven by boards of directors but I hate the social engineering that rapes some who don't fit your mold-such as a business owner who really earns his millions or a top talent like say Jimmy Page or Bono.

    what weakens this country in the long run is that too few people are forced to pay for huge government and thus too few people really have no interest in getting rid of it

    and getting rid of as much government as possible is the best solution for America



  2. #72
    Equal Opportunity Hater
    obvious Child's Avatar
    Join Date
    Apr 2008
    Location
    0.0, -2.3 on the Political Compass
    Last Seen
    12-09-14 @ 11:36 PM
    Lean
    Other
    Posts
    19,883

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by TurtleDude View Post
    I thought a libertarian would understand that a tax cut is not giving taxpayers anything. its stealing less from them
    Uh, Libertarians don't hold the crackpot idea that taxation = theft.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  3. #73
    Guru

    Join Date
    Sep 2010
    Last Seen
    09-24-17 @ 04:35 PM
    Lean
    Moderate
    Posts
    2,942

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by Kandahar View Post
    That's just your speculation though. I could just as easily make a plausible argument for exactly the opposite conclusion:
    Scenario 1 - The middle-class is more strapped for cash due to higher taxes, and therefore is more likely to support government programs to ease their economic burdens.
    Scenario 2 - The middle-class keeps more of their own money due to lower taxes, and therefore is less likely to care about government programs to ease their economic burdens.
    In what universe is it a plausible argument to suggest that a person who is strapped for cash would support the person who took their cash from them? If you were mugged and had the opportunity to do one of the following: 1-demand a sandwich from the mugger or 2- kick the everlovin' sh*t out of the mugger and take your money back...

    Do you know a single person in the world who would choose #1? I'll admit, there probably are a few, but they would be a statistically insignificant few.

  4. #74
    Guru

    Join Date
    Sep 2010
    Last Seen
    09-24-17 @ 04:35 PM
    Lean
    Moderate
    Posts
    2,942

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by ender1 View Post
    You have questioned my understanding of what a libertarian is in almost every post. I am libertarian and understand quite well what that means. I have stated several times that it is my desire to have a smaller government but we have trillions to pay back. All you ever say is dont take mine. Mine Mine Mine. I asked you how we should pay that back and you came up with a consumption tax. Awful idea. That would kill our economy and is a regressive tax. Stop complaining and offer a REAL solution.
    A consumption tax doesn't have to be regressive (i.e. don't tax groceries and cheap clothing) and it would only kill the economy if the rate is too high.

  5. #75
    Sage
    pbrauer's Avatar
    Join Date
    Jun 2010
    Location
    Oregon
    Last Seen
    11-27-15 @ 03:31 PM
    Gender
    Lean
    Liberal
    Posts
    25,394

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by apdst View Post
    So, rich folks started two wars? Howdayafigger?
    I wasn't saying the rich started two wars. I was being facetious, TD blamed the middle-class for the spending, my point was that much of the spending was due to the wars and had nothing to do with the middle class.


  6. #76
    Educator Gabriel's Avatar
    Join Date
    Jun 2010
    Last Seen
    10-07-10 @ 08:38 PM
    Lean
    Other
    Posts
    1,019

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by obvious Child View Post
    Uh, Libertarians don't hold the crackpot idea that taxation = theft.
    Unfortunately they are preponderates of that mentality. You are wrong.

  7. #77
    Equal Opportunity Hater
    obvious Child's Avatar
    Join Date
    Apr 2008
    Location
    0.0, -2.3 on the Political Compass
    Last Seen
    12-09-14 @ 11:36 PM
    Lean
    Other
    Posts
    19,883

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by Gabriel View Post
    Unfortunately they are preponderates of that mentality. You are wrong.
    Not all of them.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  8. #78
    Educator Gabriel's Avatar
    Join Date
    Jun 2010
    Last Seen
    10-07-10 @ 08:38 PM
    Lean
    Other
    Posts
    1,019

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by obvious Child View Post
    Not all of them.
    Most of them view government as illegitimate authority. Libertarians are hard core against taxation and government intervention and want to delimit it in any way it can be. The sad thing is most don't understand what libertarianism is actually about... political flavour of the day if you like. The vehement over reaction to anything that has a collective characteristic is mind bogling. Libertarianism is a kin to anarchy in many ways.
    Last edited by Gabriel; 09-30-10 at 03:21 AM.

  9. #79
    Educator ender1's Avatar
    Join Date
    Sep 2010
    Last Seen
    08-01-11 @ 11:13 PM
    Gender
    Lean
    Libertarian
    Posts
    646

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by TurtleDude View Post
    Here is why I want a consumption tax

    1) those who have illegal incomes don't pay much federa tax. It would capture billions of dollars made off of the drug trade

    2) it would get rid of much of the IRS. I just got done signing a bunch of tax forms earlier tonight after an extension. Americans pay billions of dollars in terms of time and money to figure out their taxes. Having run a small business its not much more work to collect federal taxes on top of state taxes

    3) it would prevent the already too powerful congress from having the power to buy votes by telling one group that they can get what they want while others pay for it.

    4) the IRS is a huge source of power for the government-get rid of income taxes and you get rid of lots of power. Indeed, during debates on the income tax about a century or so ago, an Indiana Senator proposed a sales tax and an income tax proponent noted a sales tax didn't give the government near as much power

    I know jacking up taxes on a small percentage of the tax payers means the government will keep spending because most of the voters won't see any reason to stop spending

    seems to me if you really want less government you have to support a system that will encourage the majority of people to want less government and the only way to do that with the nanny state addicts is to make them suffer financially for more government
    Thank you for the responding and giving a well thought out explanation.

    I agree and disagree. Almost anything that makes a smaller government is a good thing. Its the issue of HOW do we pay for what needs to be paid.

    Reply
    #1) I agree that there are to many groups not paying what they should. This includes businesses that get money from the government when they don't need it. Exxon, Monsanto (EVIL), and the whole bank bail out. While a consumption tax may help avoid this you create a black market issue. You may have some consumer protection issues too.

    #2) I would love to downsize the IRS. Question: Don't they just shift from looking at personal income to monitoring businesses.

    #3) Agreed. We also need to do massive finance reform.

    #4) Agreed.

    There is an issue though. You hurt the sale of goods and services by doing this. Our economy needs to spend to keep rolling. We have few manufacturing jobs left.

    Its also a regressive tax. That first tax bracket for everyone would at least double. It hurts those who can barely pay the bills they have today. You cant get blood from a rock. If you want cut spending I am 100% behind you. Its just how do you fairly divide the bills. I'm not sure the group that has 20% of the population and 3% of the income can survive a 20% consumption tax.

    Again, thank you for answering.

  10. #80
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:21 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,723

    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by Gabriel View Post
    Most of them view government as illegitimate authority. Libertarians are hard core against taxation and government intervention and want to delimit it in any way it can be. The sad thing is most don't understand what libertarianism is actually about... political flavour of the day if you like. The vehement over reaction to anything that has a collective characteristic is mind bogling. Libertarianism is a kin to anarchy in many ways.
    you have a rather strange view of libertarians which was demonstrated rather convincingly in another thread several weeks ago. Saying Libertarians are akin to anarchists is not much different than saying liberal democrats are basically the same as Pol Pot or Chairman Mao



Page 8 of 9 FirstFirst ... 6789 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •