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What purpose did the tax cut for the wealthiest serve?

Catawba said:
Thanks for providing a defense of the spoiled rich brats, I am sure they are very appreciative! If the working poor and seniors are parasites, why is it the rich are the bloated blood suckers with most of the country's wealth? :sun
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Apparently the rich just work harder than the poor.

Who am I to work 60 hours per week and demand access to affordable health care on my $10 /hr wage? If I want health care I'll work 100 hours per week like my rich counterparts.
 
presluc said:
Odd the middle class in Greece wasn't week nor Paris.
The poor and middle class wasn't week in Seattle.
If you trace back history you will find the middle class and poor wasn't week in the 60's either.

However if you track back in history after 1929 a lot of rich were jumping off buildings , in 2008 the rich were in trouble they ask to be bailed out with taxpayer money to save their company, their job and their bonus
Which is week here?

A majority "a huge majority of poor and middle class want jobs with a fair wage to pay taxes and make a living.
A majority of the rich want more tax cuts, more profit, more money.
Who cares more about America???
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I sure haven't seen many of us who oppose more and more welfare socialism and soak the rich (ie everyone in the top tax bracket, not just the Paris Hiltons who are often used as a surrogate for all the rich) supporting those bailouts
 
Bardo said:
Apparently the rich just work harder than the poor.

Who am I to work 60 hours per week and demand access to affordable health care on my $10 /hr wage? If I want health care I'll work 100 hours per week like my rich counterparts.
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explain to me why I should have to work X hours a week to pay for your health care in addition to paying for mine?

It is certainly not my fault or my doing if you are not skilled enough to gain sufficient compensation to pay for your own needs
 
haymarket said:
It fails miserably as a basis for a national taxation system - and that is by your own admission.

As to the other stuff, I would welcome your data and analysis to see if you have point or not.
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a progressive income tax fails and has contributed to the current mess we have today
 
TheDemSocialist said:
:shock::shock:Huh if the richest taxes are raised we are all the sudden were in "tyranny"? Man we really must of been in tyranny in the 1940's then....
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I think you were trying to say that I was saying that increasing taxes on the richest people was tyranny. That is not why I said that Earl liked tyranny. Here is what he said:

EarlzP said:
It sounds like you are describing exactly what had already happened with the combination of deregulation and the Bush tax cuts, find a new tune we have heard that one, taxes should be raised dramatically "60 to 70%"on any company that has relocated more then 40% of their workforce, Instead of giving tax payer dollars to companies relocating overseas we should impose high import taxes on them
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First, an individual wealthy person may not be impacted by Earl's suggested taxing policy as he or she could be retired or own a company that is totally in the U.S. Second, his plan is tyranny in that he is dictating to companies how much of their business has to be in the U.S.

Tyranny: Oppressive power exerted by government.

What Earl is seeking is oppressive, authoritarian tyranny. If a company has 60% of its employees in the U.S. and 40% overseas, the company cannot expand their business unless they come out with new products for the U.S. market (which may not be in their best interest) or are able to capture a larger share of the U.S. market (which may not be that likely). God help them if they lose market share to a competitor in the U.S. or gain a new contract overseas.
 
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Catawba said:
Thanks for providing a defense of the spoiled rich brats, I am sure they are very appreciative! If the working poor and seniors are parasites, why is it the rich are the bloated blood suckers with most of the country's wealth? :sun
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Uh people who live off of money that was voluntarily given to them by those who earned it are not parasites no matter how much you try to label them as that due to an envious view of those born rich.

Your pathetic attempt to equate voluntary bequeaths of wealth with government redistribution of income that is based on coercion is typical but flawed
 
TurtleDude said:
I sure haven't seen many of us who oppose more and more welfare socialism and soak the rich (ie everyone in the top tax bracket, not just the Paris Hiltons who are often used as a surrogate for all the rich) supporting those bailouts
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What is this "welfare socialism"?

And on the bailouts: Well the right wing was pretty damn quiet during those bank bailouts under Bush... Do you recall that TD?
 
LesGovt said:
I think you were trying to say that I was saying that increasing taxes on the richest people was tyranny. That is not why I said that Earl liked tyranny. Here is what he said:



First, an individual wealthy person may not be impacted by Earl's suggested taxing policy as he or she could be retired or own a company that is totally in the U.S. Second, his plan is tyranny in that he is dictating to companies how much of their business has to be in the U.S.

Tyranny: Oppressive power exerted by government.

What Earl is seeking is oppressive, authoritarian tyranny. If a company does $60 billion in the U.S. and $40 billion overseas, the company cannot expand their business unless they come out with new products for the U.S. market (which may not be in their best interest) or are able to capture a larger share of the U.S. market (which may not be that likely). God help them if they lose market share to a competitor in the U.S. or gain a new contract overseas.
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Earl merely demonstrates that many on the left have mutated from seeing the government as a tool to comfort the afflicted to merely wanting it to afflict the comfortable.

Its a form of societal vandalism. If I cannot have wealth I want the government to prevent others from having it to.
 
TheDemSocialist said:
What is this "welfare socialism"?

And on the bailouts: Well the right wing was pretty damn quiet during those bank bailouts under Bush... Do you recall that TD?
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I have not been appointed spokesperson to speak for those people. I have always opposed said bailouts-bailouts that the unions were very much in favor of

using the bailouts as an excuse to wage class warfare against everyone in the top 2% is pathetic.
 
TurtleDude said:
I have not been appointed spokesperson to speak for those people. I have always opposed said bailouts-bailouts that the unions were very much in favor of

using the bailouts as an excuse to wage class warfare against everyone in the top 2% is pathetic.
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The bank bailouts was used as an "excuse.... by unions.... to wage class warfare against everyone in the top 2%"?
Huh?
What!?
 
Catawba said:
Thanks for providing a defense of the spoiled rich brats, I am sure they are very appreciative! If the working poor and seniors are parasites, why is it the rich are the bloated blood suckers with most of the country's wealth? :sun
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Rich Kids are not parasites on anyone. They aren't feeding on the system. The money they got was from the free will of others.
 
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Henrin said:
Rich Kids are not parasites on anyone. They aren't feeding on the system. The money they got was from the free will of others.
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those who support income redistribution-mainly to buy the votes of those addicted to entitlements-feel a need to excuse such behavior by whining about heirs

and then they claim ENVY does not motivate their postings
 
Bardo said:
Apparently the rich just work harder than the poor.

Who am I to work 60 hours per week and demand access to affordable health care on my $10 /hr wage? If I want health care I'll work 100 hours per week like my rich counterparts.
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Who are you to use a system of force to make me pay for a service for you? You can demand all kinds of things and believe you are entitled to it. You are still not entitled to my money.
 
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TurtleDude said:
Uh people who live off of money that was voluntarily given to them by those who earned it are not parasites no matter how much you try to label them as that due to an envious view of those born rich.

Your pathetic attempt to equate voluntary bequeaths of wealth with government redistribution of income that is based on coercion is typical but flawed
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Without the working class, there is no wealth for the uber rich to suck away. This was the lesson of the 1920's that we are seeing repeated today.
 
Catawba said:
Without the working class, there is no wealth for the uber rich to suck away. This was the lesson of the 1920's that we are seeing repeated today.
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that does not justify income redistribution. try again. and why do you fixate on the uber rich? you are on record as wanting massive tax hikes on far more than the uber rich
 
TurtleDude said:
that does not justify income redistribution. try again. and why do you fixate on the uber rich? you are on record as wanting massive tax hikes on far more than the uber rich
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Wealth creation, the engine of prosperity in this country is in the middle class. When productivity goes up, Executive salaries go up 400%, profits go up 105% and wages go down or stagnate, the wealth redistribution is entirely from the middle class to the most wealthy. Period. And it happens before they ever even see it.

Every time I hear someone whine about the rich, who obviously aren't... all I can think of is this...

char_11778.jpg

Those toady sycophants that would turn in their neighbors to earn favor with the Gestapo...
 
Occam's Razor said:
Wealth creation, the engine of prosperity in this country is in the middle class. When productivity goes up, Executive salaries go up 400%, profits go up 105% and wages go down or stagnate, the wealth redistribution is entirely from the middle class to the most wealthy. Period. And it happens before they ever even see it.

Every time I hear someone whine about the rich, who obviously aren't... all I can think of is this...

View attachment 67115364

Those toady sycophants that would turn in their neighbors to earn favor with the Gestapo...
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so tell us why does a group that earns 22% of the income and pays 39% of the income tax have a duty to pay even more of the income tax as well as all the death tax?
 
TurtleDude said:
that does not justify income redistribution. try again. and why do you fixate on the uber rich? you are on record as wanting massive tax hikes on far more than the uber rich
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The income redistribution occurred over the last 3 decades, when through taxes cuts to the wealthy, more of the country's wealth has been transferred from the middle class to the uber wealthy. This is a matter of record. Now you may say, who cares, as a matter of fact I think you already have said that, but what is of importance is that our economy cannot prosper when all the wealth is concentrated at the top. We learned this in the Great Depression and we are relearning it by this Great Recession that the working class are still suffering from.

So best of luck to you next November with your **** the working class bumper sticker!!! :sun
 
Catawba said:
The income redistribution occurred over the last 3 decades, when through taxes cuts to the wealthy, more of the country's wealth has been transferred from the middle class to the uber wealthy. This is a matter of record. Now you may say, who cares, as a matter of fact I think you already have said that, but what is of importance is that our economy cannot prosper when all the wealth is concentrated at the top. We learned this in the Great Depression and we are relearning it by this Great Recession that the working class are still suffering from.

So best of luck to you next November with your **** the working class bumper sticker!!! :sun
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The rich earned more money. why is that?
 
TurtleDude said:
The rich earned more money. why is that?
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Because they didn't have to pay their fair share of taxes, and they didn't share as much with those who made their wealth. Currently the bottom 50% own 1.4 trillion dollars in everything they own. How much more of that do you think the rich deserve? If you take half of everything the bottom 50% own that is approximately equal to the tax break given for the last decade to those who own everything else. The top 20% own 85% of the country's wealth now, how much more do you think is their "right'?
 
Catawba said:
Because they didn't have to pay their fair share of taxes, and they didn't share as much with those who made their wealth. Currently the bottom 50% own 1.4 trillion dollars in everything they own. How much more of that do you think the rich deserve? If you take half of everything the bottom 50% own that is approximately equal to the tax break given for the last decade to those who own everything else. The top 20% own 85% of the country's wealth now, how much more do you think is their "right'?
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that 's moronic. the middle class pay far less than their share of the income. The rich pay far more. Find a better answer-that one is idiotic
 
TurtleDude said:
so tell us why does a group that earns 22% of the income and pays 39% of the income tax have a duty to pay even more of the income tax as well as all the death tax?
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Because they are stealing that income from their workers. That simple.

Let me explain it again... if you don't get it, I'm breaking out the crayons...

PRODUCTIVITY UP
PROFITS UP 105%
EXECUTIVE SALARY UP 400%

Worker compensation, DOWN 4%

Let's see.... a gain of 400%...

vs. a loss of 4% by those that PRODUCE that which the company draws all it's value and profit from.

Nope sorry... the wealth redistribution and theft is from the American worker. You know... the ones that kicked ass in two world wars and made this country great from American Revolution to Computer revolution. I'll side with them every single time if they are being robbed... especially of such a precious commodity as life.
 
TurtleDude said:
that 's moronic. the middle class pay far less than their share of the income. The rich pay far more. Find a better answer-that one is idiotic
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But they produce ALL of the wealth... Think about it...

The ONLY FACT that needs to be remembered, is that for fifty years, they paid twice what they pay now. So... all the bellyaching is some fat kid bitching because he's only allowed ten pieces of someone else's cake (life).
 
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TurtleDude said:
that does not justify income redistribution. try again. and why do you fixate on the uber rich? you are on record as wanting massive tax hikes on far more than the uber rich
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Wealth has been redistributed upward since Reagan. But RW media talking points you parrot leave out that fact.

I've explained the economies of scale to you before, and it's over your head.
 
TurtleDude said:
that 's moronic. the middle class pay far less than their share of the income. The rich pay far more. Find a better answer-that one is idiotic
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Prove it, if you can! And quit evading my question,

The top 20% own 85% of the country's wealth now, how much more do you think is their "right'?
 
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