U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-25-2009, 07:59 PM
 
Location: St. Joseph Area
6,237 posts, read 8,453,082 times
Reputation: 3101

Advertisements

If I remember right, Clinton raised the tax rate to 39% and the country did fine. And this is exactly what Obama's doing--letting the tax cuts go back to where they were during the 90s.

Not only that, but the progressive income tax was championed by none other than Mr. Capitalism himself--Adam Smith

Quote:
The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion
--Adam Smith, "The Wealth of Nations"
Who knew he was a closet socialist?
Reply With Quote Quick reply to this message

 
Old 02-25-2009, 09:14 PM
 
3,288 posts, read 3,972,086 times
Reputation: 816
Yeah it sucks when taxes go back to their actual level so we can fund idiotic wars certain rich individuals and corporations backed because they knew they wouldn't be going.
Reply With Quote Quick reply to this message
 
Old 02-25-2009, 09:15 PM
 
Location: Here
10,863 posts, read 11,916,935 times
Reputation: 5981
Quote:
Originally Posted by lamexican View Post
Now thats the kind of change I voted for!
Jealous and broke is no way to live.
Reply With Quote Quick reply to this message
 
Old 02-25-2009, 09:17 PM
 
3,288 posts, read 3,972,086 times
Reputation: 816
Quote:
Originally Posted by 01Snake View Post
Jealous and broke is no way to live.
Well, I guess a lot of people are jealous of poor people when they get tax credits then.

Go... go be broke please.
Reply With Quote Quick reply to this message
 
Old 02-25-2009, 09:18 PM
 
Location: The Planet Mars
2,150 posts, read 2,306,773 times
Reputation: 523
Quote:
Originally Posted by g-vegas View Post
How does this make you any richer. Why is it fair that those who spent all that time and money on college should pay a higher percentage than anyone else. They are getting payed what they have worked for. Life Is Not Fair, Grow Up
I don't expect it to benefit me at all - I expect it to benefit some friends and family though...

I never said life was fair - so why don't you grow up yourself...

Obama is doing the right thing by reversing some of the 'favor the rich, screw the others' policies of Dubya...
Reply With Quote Quick reply to this message
 
Old 02-25-2009, 09:22 PM
 
Location: Chicagoland
41,314 posts, read 39,542,521 times
Reputation: 7107
Quote:
and to redistrubute the tax burden more towards the affluent - WHICH IS WHERE IT SHOULD BE!!!
It's already there. Do you know what percentage of taxes the "rich" pay?
Reply With Quote Quick reply to this message
 
Old 02-25-2009, 09:22 PM
 
Location: Here
10,863 posts, read 11,916,935 times
Reputation: 5981
Quote:
Originally Posted by FinkieMcGee View Post
Well, I guess a lot of people are jealous of poor people when they get tax credits then.

Go... go be broke please.
At the rate Dumbo is blowing cash, we'll all will be broke shortly.
Reply With Quote Quick reply to this message
 
Old 02-25-2009, 09:24 PM
 
Location: Chicagoland
41,314 posts, read 39,542,521 times
Reputation: 7107
Quote:
Yeah it sucks when taxes go back to their actual level
"Actual level"? What would that be? When Reagan came into office the marginal rate was 70%. There is no actual level.
Reply With Quote Quick reply to this message
 
Old 02-25-2009, 09:25 PM
 
Location: The Planet Mars
2,150 posts, read 2,306,773 times
Reputation: 523
Quote:
Originally Posted by caution View Post
this class envy and victimization is a troubling trend.

your point that taking rich people's money and giving it to someone else "just because" is probably the saddest thing I've read in a long time

you've decided that the rich remain rich and the poor remain poor -- and that right there is absolute nonsense
How totally predictable..

I was wondering how long before the 'class envy' card was played.

Funny, when the huge income distribution from the middle-class to the rich took place under Dubya, no one talked about classy envy...

Why does the right wing always talk about the 'entitlement mentality' whenever someone proposes legislation aimed at benefitting the poor and middle class?

Why does the right wing always use the old 'class envy' argument anytime anyone proposes taking away some of the lavish benefits that the rich enjoy???

I know that Sean Hannity uses the 'Class Envy' phrase quite a bit - so I imagine you have been Hannitized?

Quite funny...
Reply With Quote Quick reply to this message
 
Old 02-25-2009, 09:27 PM
 
Location: The Planet Mars
2,150 posts, read 2,306,773 times
Reputation: 523
Quote:
Originally Posted by sanrene View Post
It's already there. Do you know what percentage of taxes the "rich" pay?
Do you know what an absolutely disproportionate share of the Income the rich enjoy???
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 02:45 PM.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top