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Should the Wealthy Pay a Higher Percentage in Taxes?

SmartCat said:
The Republican Party hands out tax cuts like candy. Fortunately, this irresponsible fiscal policy is losing popularity. Public opinion surveys indicate majority support for raising taxes on the rich and corporations, no cuts to middle class entitlements, Medicare for all and free college.
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So allowing people to keep more of what they earn is a gov't handout? you are a walking advertisement on the failure of our education system
 
SmartCat said:
There has nearly always been more economic growth, more job creation, and even more growth in the stock market when Democrats have the White House and both houses of Congress.
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Noticed how you never post any data to support your claims. Didn't Democrats control the Congress from January 2007 to January 2009 then the WH and Congress until January 2011. You might want to check the economic growth during those periods of time.
 
Conservative said:
He also owned the best and quickest recovery from a major recession in U.S. history and won 49 states in 1984. The difference between Reagan and Obama is stark and quite a contrast. Obama is definitely no Reagan
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And ever since the 1984 election the Republicans have been shown in red on the map.
 
SmartCat said:
What matters is that yours is a minority persuasion. Things are moving in my direction. The Republican Party can only build so many dikes against the coming blue wave.

The Republican Party is largely composed of older, less well educated whites. This is a declining demographic.
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Losers tend to outnumber winners. However, as England just figured out-if you try to pluck the golden geese too many times, they fly away. And the Democratic party is going to run into problems as its pandering to what are often multiple warring ethnic special interest groups is going to accentuate conflict between them. Anti semitic ethnic groups are going to clash with Jews-a very loyal Democratic Party constituency but also a group that is less hospitable to soak the rich nonsense that the envious losers of the party push. Trade unions are often far less socially liberal than gays, or yuppies. And most of all, Latinos are often the dominant democrat voting minority in areas where the party still is giving nominations to blacks-which was once the dominant minority interest in the party. As the late Dame Thatcher noted, Socialism fails once you run out of other peoples' money and the dems are going to have a hard time fulfilling all their promises to the multitude of groups that want stuff from the government.
 
Conservative said:
So allowing people to keep more of what they earn is a gov't handout? you are a walking advertisement on the failure of our education system
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Many socialists, statists, liberals and other collectivists, believe that the government is both the real source and owner of all wealth. That sort of silly perspective leads to the idiotic belief that a tax cut is the same as a handout.
 
Conservative said:
He also owned the best and quickest recovery from a major recession in U.S. history and won 49 states in 1984. The difference between Reagan and Obama is stark and quite a contrast. Obama is definitely no Reagan
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Reagan was reelected because Walter Mondale told the truth in his 1984 acceptance speech. He said that Voodoo Economics had failed and that it was necessary to raise taxes.

The word "racist" is used too frequently. Many people call me a racist because I am a heriditarian and a race realist. Nevertheless, Reagan was the white man's candidate. Everyone knew what race "strapping young bucks buying t bone steak with food stamps" were. They knew that "the welfare queen of Chicago" - who never really existed - was not a Polish American.
 
TurtleDude said:
Losers tend to outnumber winners. However, as England just figured out-if you try to pluck the golden geese too many times, they fly away. And the Democratic party is going to run into problems as its pandering to what are often multiple warring ethnic special interest groups is going to accentuate conflict between them. Anti semitic ethnic groups are going to clash with Jews-a very loyal Democratic Party constituency but also a group that is less hospitable to soak the rich nonsense that the envious losers of the party push. Trade unions are often far less socially liberal than gays, or yuppies. And most of all, Latinos are often the dominant democrat voting minority in areas where the party still is giving nominations to blacks-which was once the dominant minority interest in the party. As the late Dame Thatcher noted, Socialism fails once you run out of other peoples' money and the dems are going to have a hard time fulfilling all their promises to the multitude of groups that want stuff from the government.
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Divides also exist in the Republican coalition. The poorly educated, lower income whites who vote Republican for social reasons do not benefit from tax cuts for the rich. Many of them know it. They also support government spending programs that obviously benefit them. This is why the GOP has never been able to reduce government spending. They did not vote for Trump because they wanted the government to leave them alone. They voted for Trump because he told them he would bring back the well paid factory jobs that once lifted them into the lower middle class.

Countries with social democratic economies have less poverty than the United States, less crime, lower infant mortality, and longer life expectancy. The only reason they have lower per capita gross domestic products is because they have longer vacations, guaranteed by the government.
 
SmartCat said:
Reagan was reelected because Walter Mondale told the truth in his 1984 acceptance speech. He said that Voodoo Economics had failed and that it was necessary to raise taxes.

The word "racist" is used too frequently. Many people call me a racist because I am a heriditarian and a race realist. Nevertheless, Reagan was the white man's candidate. Everyone knew what race "strapping young bucks buying t bone steak with food stamps" were. They knew that "the welfare queen of Chicago" - who never really existed - was not a Polish American.
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Excuses are all you are good for, FACT, allowing people to keep more of what they earn isn't a handout!

Fact, Approximately 50% of INCOME EARNERS pay ZERO in Federal Income tax and you cannot justify them not paying something

Fact, the top 1% pay most of the FIT

Fact, you cannot give a tax cut to people who don't pay any FIT

Fact, the radical left is ignorant on economics and the true role of the Federal Gov't. along with the line items in the budget

Fact, you and the radical left always want someone else to pay for your own personal responsibility issues.
 
Conservative said:
Excuses are all you are good for, FACT, allowing people to keep more of what they earn isn't a handout!

Fact, Approximately 50% of INCOME EARNERS pay ZERO in Federal Income tax and you cannot justify them not paying something

Fact, the top 1% pay most of the FIT

Fact, you cannot give a tax cut to people who don't pay any FIT

Fact, the radical left is ignorant on economics and the true role of the Federal Gov't. along with the line items in the budget

Fact, you and the radical left always want someone else to pay for your own personal responsibility issues.
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These are not facts. They are nothing more than the way you feel about things. The important fact, which I have documented, is that most Americans agree with me, rather than you.

Another fact for you to dwell on is that the GOP has no claim to be fiscally responsible. The national debt as a percentage of gross domestic product declined from the presidencies of Harry Truman to Jimmy Carter. It declined during the wars in Korea and Vietnam. It was only with the scam of supply side economics that the national debt became a problem.
 
TurtleDude said:
that more people want others to pay their bills doesn't mean anything to me. I realize that envy and blaming others for one's own failures is popular and the Democrats have spent years cultivating that sort of attitude among the masses.
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With your lack of respect for majority opinion, I wish you were writing campaign speeches and campaign literature for Republican political candidates. You are expressing opinions Republican politicians only share with each other when they do not think anyone else is listening.
 
Fortune, By NATASHA BACH February 4, 2019

Support for raising taxes is widespread, according to a new poll, which found that 76% of registered voters want the wealthiest Americans to pay more.

Americans also have a preference as to what a tax increase should look like, according to the Politico/Morning Consult survey.

Politico found that 61% of Americans are in favor of a “wealth tax”proposed by Democrat presidential candidate Sen. Elizabeth Warren from Massachusetts, which would increase taxes on those with a net worth of $50 million or more. Less favorable, but with a sizable support of 45%, is a plan by New York Rep. Alexandria Ocasio-Cortez, which includes a 70% marginal tax rate on income more than $10 million...

Support for such proposals comes as more and more Americans consider their taxes are about right—48% according to a poll last year—and while many believe that President Donald Trump’s $2 trillion tax cut fell flat, distributing the biggest benefits to corporations. Just 33% of those polled feel that the cut has helped the economy, a number which is even lower among the lowest-earning Americans. Meanwhile, 55% say they have not seen more money in their paycheck as a result of the tax reform law.

Politico notes that a recent poll from Fox News shows 70% of Americans supporting increased taxes for those earning more than $10 million—a proposition that gained support among 54% of Republicans as well.

While Republicans are generally less in favor of tax increases on the wealthy, some of the wealthiest Americans are warming up to the idea. Just last week JPMorgan Chase CEO Jamie Dimon said, “I believe that individuals earning the most can afford to pay more. And I have no problem paying higher taxes to address some of the fundamental challenges and inequities in our society.”

Most Americans Support Increasing Taxes on the Wealthy: Poll | Fortune
 
SmartCat said:
These are not facts. They are nothing more than the way you feel about things. The important fact, which I have documented, is that most Americans agree with me, rather than you.

Another fact for you to dwell on is that the GOP has no claim to be fiscally responsible. The national debt as a percentage of gross domestic product declined from the presidencies of Harry Truman to Jimmy Carter. It declined during the wars in Korea and Vietnam. It was only with the scam of supply side economics that the national debt became a problem.
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No, polls are opinions and small representation of the total. The only polls that matter are the election polls.

Those are indeed facts supported by official data and sources none of which resonates with you.

Prove those facts wrong not with opinions. Bea.gov, bls.gov and treasury offer the official results.

The fact that debt to GDP drops is irrelevant as we pay debt service on debt not percentages



Sent from my SAMSUNG-SM-G930A using Tapatalk
 
SmartCat said:
Divides also exist in the Republican coalition. The poorly educated, lower income whites who vote Republican for social reasons do not benefit from tax cuts for the rich. Many of them know it. They also support government spending programs that obviously benefit them. This is why the GOP has never been able to reduce government spending. They did not vote for Trump because they wanted the government to leave them alone. They voted for Trump because he told them he would bring back the well paid factory jobs that once lifted them into the lower middle class.

Countries with social democratic economies have less poverty than the United States, less crime, lower infant mortality, and longer life expectancy. The only reason they have lower per capita gross domestic products is because they have longer vacations, guaranteed by the government.
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The left is akin to a dysfunctional family. The largest group are dependent children who want to be taken care of the rest of their lives. Then you have the unruly teenagers who pretend they are independent, and despise authority, but still want the comfort of the public umbilical cord so they don't have to be responsible for poor decisions they may make. The leadership are like parents who want to run the lives of everyone else.
 
SmartCat said:
Fortune, By NATASHA BACH February 4, 2019

Support for raising taxes is widespread, according to a new poll, which found that 76% of registered voters want the wealthiest Americans to pay more.

Americans also have a preference as to what a tax increase should look like, according to the Politico/Morning Consult survey.

Politico found that 61% of Americans are in favor of a “wealth tax”proposed by Democrat presidential candidate Sen. Elizabeth Warren from Massachusetts, which would increase taxes on those with a net worth of $50 million or more. Less favorable, but with a sizable support of 45%, is a plan by New York Rep. Alexandria Ocasio-Cortez, which includes a 70% marginal tax rate on income more than $10 million...

Support for such proposals comes as more and more Americans consider their taxes are about right—48% according to a poll last year—and while many believe that President Donald Trump’s $2 trillion tax cut fell flat, distributing the biggest benefits to corporations. Just 33% of those polled feel that the cut has helped the economy, a number which is even lower among the lowest-earning Americans. Meanwhile, 55% say they have not seen more money in their paycheck as a result of the tax reform law.

Politico notes that a recent poll from Fox News shows 70% of Americans supporting increased taxes for those earning more than $10 million—a proposition that gained support among 54% of Republicans as well.

While Republicans are generally less in favor of tax increases on the wealthy, some of the wealthiest Americans are warming up to the idea. Just last week JPMorgan Chase CEO Jamie Dimon said, “I believe that individuals earning the most can afford to pay more. And I have no problem paying higher taxes to address some of the fundamental challenges and inequities in our society.”

Most Americans Support Increasing Taxes on the Wealthy: Poll | Fortune
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Most people tend to blame others for their lack of success. BFD
 
TurtleDude said:
The left is akin to a dysfunctional family. The largest group are dependent children who want to be taken care of the rest of their lives. Then you have the unruly teenagers who pretend they are independent, and despise authority, but still want the comfort of the public umbilical cord so they don't have to be responsible for poor decisions they may make. The leadership are like parents who want to run the lives of everyone else.
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You realize that you are talking about the right wing of the republican party right?
 
jaeger19 said:
You realize that you are talking about the right wing of the republican party right?
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Not really, though some on the right want to be everyone's pastor or priest
 
TurtleDude said:
The left is akin to a dysfunctional family. The largest group are dependent children who want to be taken care of the rest of their lives. Then you have the unruly teenagers who pretend they are independent, and despise authority, but still want the comfort of the public umbilical cord so they don't have to be responsible for poor decisions they may make. The leadership are like parents who want to run the lives of everyone else.
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is that why there are more people on Food stamps and getting Government help in Red states then blue ststes?
because the left is dysfunctional?
Here are several articles showing the facts
These 15 States Have the Most People on Food Stamps

2018’s Most & Least Federally Dependent States
Page Not Found - Chicago Tribune
Which States Rely the Most on Federal Aid? | Tax Foundation

Have a nice day
 
Tbird19482 said:
is that why there are more people on Food stamps and getting Government help in Red states then blue ststes?
because the left is dysfunctional?
Here are several articles showing the facts
These 15 States Have the Most People on Food Stamps

2018’s Most & Least Federally Dependent States
Page Not Found - Chicago Tribune
Which States Rely the Most on Federal Aid? | Tax Foundation

Have a nice day
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Hmm... does that mean that the demorats are the party of the rich?
 
Conservative said:
Excuses are all you are good for, FACT, allowing people to keep more of what they earn isn't a handout!

Fact, Approximately 50% of INCOME EARNERS pay ZERO in Federal Income tax and you cannot justify them not paying something

Fact, the top 1% pay most of the FIT

Fact, you cannot give a tax cut to people who don't pay any FIT

Fact, the radical left is ignorant on economics and the true role of the Federal Gov't. along with the line items in the budget

Fact, you and the radical left always want someone else to pay for your own personal responsibility issues.
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You keep complaining about the 40/50% of wage earners not paying any US income taxes but not say a word about all the Large Corporations that not paying any.

Maybe it is time to have them start paying some
they use the infrastructure these taxes pay for to make their profits

More Than 90% Of US Businesses Don't Pay The Corporate Income Tax
the GAO has stated that 42% of all large Corporations did not pay any US income taxes and with Trumps tax cut that is expected to go up to 65%
so again I ask you why don't you say anything about large corporations making millions if not Billions in US profits not paying any US income taxes
have a nice day
 
Tbird19482 said:
is that why there are more people on Food stamps and getting Government help in Red states then blue ststes?
because the left is dysfunctional?
Here are several articles showing the facts
These 15 States Have the Most People on Food Stamps

2018’s Most & Least Federally Dependent States
Page Not Found - Chicago Tribune
Which States Rely the Most on Federal Aid? | Tax Foundation

Have a nice day
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You are assuming that all the people in red states vote GOP and so forth. Lots of people in red states are veterans and retirees. People who paid taxes while living in Blue states and then retiring to the south.
 
ttwtt78640 said:
Hmm... does that mean that the demorats are the party of the rich?
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The Uber rich-especially those who make money through government deals or those who want to run the government-are
 
TurtleDude said:
You are assuming that all the people in red states vote GOP and so forth. Lots of people in red states are veterans and retirees. People who paid taxes while living in Blue states and then retiring to the south.
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This is a perfect example of total indoctrination on the part of the radical left as it doesn't matter what the tax dollars fund because all that matters is the total amount that goes to the states which means absolutely nothing. The radical left has no idea what the Red States get in revenue and for what purpose. Why would anyone want to retire to a high taxed blue state?
 
ttwtt78640 said:
Hmm... does that mean that the demorats are the party of the rich?
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Isn't it interesting how all these radical leftists running for President demonizing the very system that created the wealth that each of them have. Apparently they believe most people spend all their time in a forum listening and believing what posters are saying and ignoring what is going on in the country and market place
 
jaeger19 said:
unfortunately yes.. really.
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we who are libertarians, have little use for bible thumpers but they are less dangerous than "government is the mother goddess" types
 
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