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Do You Want Higher Taxes?

actually the vast majority of our wealthy are self-made first-generation.
 
Μολὼν λαβέ;1059654695 said:
I guess socialism is a good thing if you get to live off other people's income.
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Your right under socialism everyone just lives off a select few "rich" individuals... :roll:
It seems like the most critical people of socialism have the worst grasp of it...
 
cpwill said:
actually the vast majority of our wealthy are self-made first-generation.
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could you please define "self-made" - do you mean started with $0, $100, $1,000, $10,000? Also, please define "wealthy", $100,000 per year? $1,000,000 per year? Finally, what is you source?
 
cpwill said:
actually the vast majority of our wealthy are self-made first-generation.
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also .. could you please define "vast majority" .. does this mean 51%? because that is a majority .. but so is 95%, so what is it?
 
TurtleDude said:
but you assume most investors are filthy rich

and you fail to understand that jacking up taxes on investment income is going to hurt just about everyone except the feelings of the envious who aren't smart enough to have investment income
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This entire economy is not dependent on the super rich investors (the investors I am referring to). I am not referring to small business entrepreneurs here. Also, please quit pretending like the being wealthy automatically equals higher intelligence. Often times, it's the luck of the draw.
 
can I afford to have my tax-rate increased 3%?

of course I can!!!

if it helps the economy improve, I am more than willing to have my rates return to the pre-Bush cuts rate.


...and since we are on the subject, how much lower would the natonal debt be, if the Bush-tax cuts never went through?
 
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Badmutha said:
Punish Success--Reward Failure........thats the spirit comrade.
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I think the more correct view is:


To Whom Much Is Given

"For everyone to whom much is given, of him shall much be required." -- Luke 12:48
 
upsideguy said:
I think the more correct view is:


To Whom Much Is Given

"For everyone to whom much is given, of him shall much be required." -- Luke 12:48
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Sorry, but raising taxes on the very highest of incomes (those that are prospering in a soft economy) is the least painful way, from a social perspective, to work toward deficit reduction. Any other action (raising general taxes, cutting expenditures or continued deficit expansion) lays the burden unfairly on those that are struggling and thus threatens the recovery.
 
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TurtleDude said:
libs remind me of Lord Farquaad saying many of his soldiers will die but it is a price he was willing to pay

they always claim others can afford their nefarious tax hike schemes that they push to slake their envy of the wealthy or to pander to the envious
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Except that there are quite a few progressives and liberals who actually make money who would be happy to pay more taxes if it meant they (the taxes) would be spent intelligently.
 
NOW I remember why I avoid all threads about taxes like the plague. So much stupid and absurd partisan hack comments, none of which are based in reality. As to the question, it depends. Do I think I and I alone should have higher taxes? No. Do I think EVERYONE should have higher taxes? In the state the economy is in, of course. Any one who doesn't see that, at this point, this is necessary, along with cutting spending, refuses to see the big picture.
 
TurtleDude said:
because in the long run too many people become used to thinking that it is the duty of the rich to pay all the bills so those who don't keep demanding more and more spending
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This idea that you have that the "rich" are paying all the bills is an urban myth. The fact of the matter is that America actually has a flat tax. We are suppose to have a progressive system, thus the "rich" are NOT paying their fair share.
 

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upsideguy said:
This idea that you have that the "rich" are paying all the bills is an urban myth. The fact of the matter is that America actually has a flat tax. We are suppose to have a progressive system, thus the "rich" are NOT paying their fair share.
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Wow! I didn't realize this .. there must be tax loop holes the wealthy are exploiting.
 
MusicAdventurer said:
Wow! I didn't realize this .. there must be tax loop holes the wealthy are exploiting.
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Of course there are. This is why the entire "whining" of the rich that they pay so much in taxes is bs. Some do... but those are the ones who haven't figured out how to use the loopholes... or are too lazy to do so. Regardless, close the loopholes, have everyone pay the same percentage. Or, better yet, just go with a national sales tax and eliminate the income tax altogether.
 
MusicAdventurer said:
For example, under progressive taxation, someone who makes say $900,000 one year and $1,000,000 the next is not disallowed to make more money on the second year .. instead, the percent they are taxed is slightly higher.
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How cynical!

Let people work without stealing their money. :peace

MusicAdventurer said:
... there must be tax loop holes the wealthy are exploiting.
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Then the loopholes must be closed, no need for artificial equality. Progressive taxation is a scam. :)
 
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I don't want my taxes to go up, but I think it is necessary to get rid of our crushing national debt in a reasonable time frame. Democrats and Republicans both have spent us into a situation where I don't think that budget cuts alone are going to be able to deal with the amount of debt we have.
 
Obama is so full of it his eyes are brown.

I watched him lying his ass off again, and on this one I thought, can anyone really be this this stupid?

I can't wait to hear how brilliant he is in the eyes of really stupid liberals.

Even Liberals should be offended on this one.
 
Canell said:
How cynical!

Let people work without stealing their money. :peace



Then the loopholes must be closed, no need for artificial equality. Progressive taxation is a scam. :)
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Close the loopholes and continue progressive taxation would be the ideal situation .. I still don't think you are understanding what progressive taxation means ... as evidenced by your "stealing" comment
 
MusicAdventurer said:
Close the loopholes and continue progressive taxation would be the ideal situation .. I still don't think you are understanding what progressive taxation means ... as evidenced by your "stealing" comment
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Perhaps I don't. ;) Taxing one man 20% an taxing another 30% just because s/he has more money, I call that "stealing" from the second one (that 10%). It's not even about money, it's about equality.
That's imho, of course.
 
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Canell said:
Perhaps I don't. ;) Taxing one man 20% an taxing another 30% just because s/he has more money, I call that "stealing" from the second one (that 10%). It's not even about money, it's about equality.
That's imho, of course.
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I think its a good point that you stated that this is only your opinion .. it shows maturity .. everyone has opinions, and it is my opinion that no one person is correct ... when it comes to ethics .. things are subjective .. for example, you call that stealing ... I call looking out for the greater good with the consequence of say .. one person having to settle for 7 as opposed to 8 homes, a very reasonable proposition ... it is my opinion that we have the ability to rise above the instinctual selfish nature of humanity and do these kinds of things ..jmo
 
Do I want LESS money? NO

Do I want those who employ people to have less funds to do so? NO
 
I propose trickle down taxation vs the current trickle up taxation.

let's see where this goes.
 
we cannot cut enough spending, to reduce the debt in a timely fashion, without really hurting tens of millions of Americans, or putting our national security in real jeopardy.

that's why we need a combo of spending cuts and revenue increases.

the majority of the American people agree.

the majority of Republicans, agree.
 
Thunder said:
we cannot cut enough spending, to reduce the debt in a timely fashion, without really hurting tens of millions of Americans, or putting our national security in real jeopardy.

that's why we need a combo of spending cuts and revenue increases.

the majority of the American people agree.

the majority of Republicans, agree.
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Sure you we can, you probably would consider the cuts necessary severe though or have a different opinion on the nature of national security.

No matter what, we cannot tax our way out of this hole. Even if we took all of the wealthiest 2%'s earnings it wouldn't cover the deficit, all things being equal. And as Debt:GDP gets worse, this will become more and more clear to you.
 
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Lachean said:
Sure you we can, you probably would consider the cuts necessary severe though.

No matter what, we cannot tax our way out of this hole. Even if we took all of the wealthiest 2%'s earnings it wouldn't cover the deficit, all things being equal. And as Debt:GDP gets worse, this will become more and more clear to you.
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how much spending would we have to cut, to get rid of the entire debt in 15 years?

please consider normal rates of increase for those programs you do not want to cut.
 
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