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Obama on Redistribution of Wealth

He has a pretty long history of supporting redistribution, don't you think?

I support 110% wealth redistribution. However, I do not support ANY politician that uses taxes as an argument. Taxes should be based on principle, NOT politics.
 
I support 110% wealth redistribution. However, I do not support ANY politician that uses taxes as an argument. Taxes should be based on principle, NOT politics.

Of course you do, is that what you are learning in school and if so no wonder this country is in decline.
 
Again, you bring politics into taxes.

Any income earning family should pay something in Federal Income taxes to fund the services that the Federal Govt. offers. Instead of even discussing that issue Obama is promoting class warfare and demonizing individual wealth creation. How can anyone vote for someone with that ideology and his current record.
 
Any income earning family should pay something in Federal Income taxes to fund the services that the Federal Govt. offers. Instead of even discussing that issue Obama is promoting class warfare and demonizing individual wealth creation. How can anyone vote for someone with that ideology and his current record.

This is where you stopped talking about principle

The non-bolded part will be addressed:

I think, on principle, any income earning family above the poverty level should definitely pay taxes.
 
I support 110% wealth redistribution. However, I do not support ANY politician that uses taxes as an argument. Taxes should be based on principle, NOT politics.

What principle would you use that was not political? By the way, I bet you wouldn't want your employer's "principle" deciding your take home pay for very long.
 
This is where you stopped talking about principle

The non-bolded part will be addressed:

I think, on principle, any income earning family above the poverty level should definitely pay taxes.

Principle? How does anyone support the principle of having the Federal Govt. determine how much take home pay you are allowed?
 
Principle? How does anyone support the principle of having the Federal Govt. determine how much take home pay you are allowed?

Again, you're involving politics in principle.

A fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning.
 
Poverty level is transient and politically established so your principle is political.

And what is "income"
 
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Mitt Romney this week has jumped on a 14-year-old clip of Barack Obama speaking about "redistribution" of wealth at a 1998 conference in Chicago.

However, NBC News "has obtained the entirety of the relevant remarks, which includes additional comments by Obama that weren't included in the video circulated by Republicans. That omission features additional words of praise for 'competition' and the 'marketplace' by the then-state senator."

Obama, from the whole clip: "I think the trick is figuring out how do we structure government systems that pool resources and hence facilitate some redistribution because I actually believe in redistribution, at least at a certain level to make sure that everybody's got a shot. How do we pool resources at the same time as we decentralize delivery systems in ways that both foster competition, can work in the marketplace, and can foster innovation at the local level and can be tailored to particular communities."

Maggie Haberman: "It's a bit different than when the first sentence is isolated. Obama was making two parallel pitches, for market competition and pooled resources, in a fashion similar to how he has at other points in his career... That line is one Obama almost certainly wishes he could get back - but it's also why video archives of him talking about redistribution is unlikely to surprise swaths of voters."


Continue Reading Here: http://politicalwire.com/http://politicalwire.com/

So, you're saying he's a self-admitted socialist.
 
I support 110% wealth redistribution. However, I do not support ANY politician that uses taxes as an argument. Taxes should be based on principle, NOT politics.

Again, you bring politics into taxes.

Taxes are a political issue. The right thinks there should be less, and more personal responsibility. The left thinks there should be more, and more dependency.
 
Ha. The left wants to buy your friendship and the right wants you to stop riding your bike through their darn yard is probably the more truthful analysis.
 
What he's talking about is that some resources (read "taxes") such as school taxes are generally proprietary. These "resources" are marked for a specific purpose. What he's talking about is blowing off that proprietary reason for collecting the taxes and using them for something completely different and that's just plain wrong.

Again, that is a completely unsupported misreading of his statement.
 
Again, that is a completely unsupported misreading of his statement.

So you don't believe OBama is for redistribution of wealth? You don't believe Obama wants a govt. central economy? You don't think he isn't promoting class warfare? I have said before yours is an act and this is an example of that
 
So you don't believe OBama is for redistribution of wealth? You don't believe Obama wants a govt. central economy? You don't think he isn't promoting class warfare? I have said before yours is an act and this is an example of that

I am simply talking about the particular quote that Romney misrepresented.

Now, in general terms, does Obama think that government should be involved in some wealth redistribution? Of course. So does Romney. So did Reagan, and W, and GHWB, and Truman, Eisenhower, Kennedy, and Nixon. Face facts: that is how our system works, and it's how it should work.
 
redistribution of wealth has always happened, it is not new, the US always has had a progressive tax system.

Just looking at some previous Republican presidents, the top tax rate was over 50 percent under Warren Harding, over 60 percent under Herbert Hoover, over 90 percent for Dwight Eisenhower’s entire term, 70 percent or higher for Nixon’s entire term, and 70 percent under Gerald Ford, said said Daniel N. Shaviro, professor of taxation at New York University Law School.

Now to be honest, Shaviro has written that he supports Obama over Romney but the statistics will almost certainly be correct, even if his views of the races is skewed towards Obama.

FactCheck gave the republican attack on Obama a pants on fire rating

http://www.politifact.com/truth-o-meter/statements/2012/sep/20/mitt-romney/mitt-romney-says-redistribution-has-never-been-cha/
 
redistribution of wealth has always happened, it is not new, the US always has had a progressive tax system.



Now to be honest, Shaviro has written that he supports Obama over Romney but the statistics will almost certainly be correct, even if his views of the races is skewed towards Obama.

FactCheck gave the republican attack on Obama a pants on fire rating

PolitiFact | Mitt Romney says

Let fact check do a report on the Obama results that I have been posting over and over again only to be ignored. Liberals today love being hooked on tax rates. I couldn't care less what the rates are but rather what is collected but more importantly what is spent. What were the budgets of the United States when the rates were high and what were the effective rates.

There isn't a thinking person today that believes Obama isn't promoting wealth redistribution. How anyone can support Obama with his record is incomprehensible
 
Let fact check do a report on the Obama results that I have been posting over and over again only to be ignored. Liberals today love being hooked on tax rates. I couldn't care less what the rates are but rather what is collected but more importantly what is spent. What were the budgets of the United States when the rates were high and what were the effective rates.

There isn't a thinking person today that believes Obama isn't promoting wealth redistribution. How anyone can support Obama with his record is incomprehensible

You completely ignored Peter King's explaination of the progressive tax system. The 14 year old video the GOP drudged up wasn't the full video. Obama was simply explaining out the progressive tax system works. The differences politicians have in how to redisptribute the wealth is what makes the difference. I am all for getting rid of handing tax money over to corporations that are making huge profits and do not create jobs or benefit the people in any way. This is a way that some politicians redistribute the wealth to the top 1%. I think we need to use the money to invest in our people and pave a path for furture generations to become productive citizens.
 
redistribution of wealth has always happened, it is not new, the US always has had a progressive tax system.



Now to be honest, Shaviro has written that he supports Obama over Romney but the statistics will almost certainly be correct, even if his views of the races is skewed towards Obama.

FactCheck gave the republican attack on Obama a pants on fire rating

PolitiFact | Mitt Romney says


really the federal US government has always had a progressive tax scheme?
 
You completely ignored Peter King's explaination of the progressive tax system. The 14 year old video the GOP drudged up wasn't the full video. Obama was simply explaining out the progressive tax system works. The differences politicians have in how to redisptribute the wealth is what makes the difference. I am all for getting rid of handing tax money over to corporations that are making huge profits and do not create jobs or benefit the people in any way. This is a way that some politicians redistribute the wealth to the top 1%. I think we need to use the money to invest in our people and pave a path for furture generations to become productive citizens.

What is progressive about 47% of income earning families not paying any FIT? Not sure anything is ever going to change the mind of the Obama supporters including posting the actual results he has generated. You will continue to ignore the results and buy the rhetoric. Everything Obama has proposed supporters higher taxes, more wealth redistribution and bigger govt. I am convinced that people like you mean well but just don't get it.

Would you please tell me where the money comes from that you claim is handed over by the govt. to corporations? This is one of the fundamental problems facing this country today in that you apparently believe it was the government's money first.
 
You completely ignored Peter King's explaination of the progressive tax system. The 14 year old video the GOP drudged up wasn't the full video. Obama was simply explaining out the progressive tax system works. The differences politicians have in how to redisptribute the wealth is what makes the difference. I am all for getting rid of handing tax money over to corporations that are making huge profits and do not create jobs or benefit the people in any way. This is a way that some politicians redistribute the wealth to the top 1%. I think we need to use the money to invest in our people and pave a path for furture generations to become productive citizens.


the real mindset behind the progressive tax system is two fold

control over the public by congress (during the original discussions of the FIT, a senator noted a sales tax would be more efficient but a proponent noted a sale tax would not give congress near as much power)

the second and related point is that it allows congress to pander to the masses by spending more on them while not losing their support by uniformly raising tax rates on all voters but just the top who cannot out vote those being pandered to
 
Let fact check do a report on the Obama results that I have been posting over and over again only to be ignored. Liberals today love being hooked on tax rates. I couldn't care less what the rates are but rather what is collected but more importantly what is spent. What were the budgets of the United States when the rates were high and what were the effective rates.

There isn't a thinking person today that believes Obama isn't promoting wealth redistribution. How anyone can support Obama with his record is incomprehensible

I am sorry, but progressive tax rates are redistributing wealth or making the richest pay percent wise more than poor people.
 
Barack Obama's results are exactly what happens when you put a "community organizer" with zero private sector experience in the office of the Presidency of a country built in the private sector and individual wealth creation. He is nothing more than a big govt. liberal who is out of touch with reality and someone who doesn't understand how the private sector even works. Under Obama we have high unemployment, low economic growth, high debt, high govt. dependence. Sound familiar Peter?
 
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