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I am against raising taxes. Period.
However, America is the only country (out of the total of 220 countries) on the globe where poor people are very concerned about what happens to the rich if their taxes go up...
You can listen to these B.S. right wing story lines about how taxing the rich is so awful, or you can start sticking up for your family....It's your choice.
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Originally Posted by padcrasher
That's the biggest bunch of B.S I've ever heard.
The tax rates on the rich have been much much higher in our Nation's history and far lower than other Western countries.
you are so full of failure in these posts. if you tax the rich what are they going to do, sit back and take it? nope, they are going to move their money to where they pay less in taxes. and if those same rich people own a business, they will pass the cost of the higher taxes on to everyone who buys anything from their business in the form of higher prices or lower quantities. in the end the rich DONT pay taxes, they pass them on to others.
and yes tax rates have been much higher in the past, but the number of people who actually paid those rates was quite small.
and if you check the people leaving places like new york and california, you will find that it is the upper middle class and the rich. and where are they going? to places like florida, texas, and nevada where the tax rates are LOWER. also many corporations are moving much of their operations overseas so pay LESS taxes to the US government. unfortunately the money they earn overseas is not coming back to the US like it did in years past because of the higher tax rates.
The rich will quite getting richer and stop any spending, which in turn will cause the loss of every job there is. There won't be any point to try to get richer. Thats an end of game plan.
The Obama proposal kept all the small fry credits that poor and middle class credits received along with the same income tax rates for incomes below $250K.
Only income above $250K would be taxed at the higher rates.
So you are wrong once again.
no once again you lie
you said the 'bush tax cuts'' ........
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Eliminating the Bush tax cuts
..........you didnt say the bush and obama deal..meanng the bush tax cuts TWEEAKED
....
again...you lie..or shall we say spin
This thread is full of fail. No one has a 100% tax rate.
The point is the fallacy of discussing tax increases to solve the debt when only marked spending cuts will have any impact.
That is the point.
That is the point that liberals, with the "tax the rich" solution, fail to understand. To really tackle the debt will take real, substantial cuts in social programs and the military.
That is the reality that no politician will face, thus our doom is certain.
Obama gets to campaign in 2012 on taxing the rich. Republicans either have to agree with Obama or say they are for giving billionaires tax brakes, while at the same time claim they care about the deficit.
you are so full of failure in these posts. if you tax the rich what are they going to do, sit back and take it? nope, they are going to move their money to where they pay less in taxes. and if those same rich people own a business, they will pass the cost of the higher taxes on to everyone who buys anything from their business in the form of higher prices or lower quantities. in the end the rich DONT pay taxes, they pass them on to others.
and yes tax rates have been much higher in the past, but the number of people who actually paid those rates was quite small.
and if you check the people leaving places like new york and california, you will find that it is the upper middle class and the rich. and where are they going? to places like florida, texas, and nevada where the tax rates are LOWER. also many corporations are moving much of their operations overseas so pay LESS taxes to the US government. unfortunately the money they earn overseas is not coming back to the US like it did in years past because of the higher tax rates.
in the end higher taxes are bad in many ways.
Besides repeating tired myths about taxing the rich ....why don't you try giving us some data that says taxing the rich is counter productive.?...That it will bring in less money?
Show us where all these rich people, you have such sympathy for, left the country to a significant degree?
The point is the fallacy of discussing tax increases to solve the debt when only marked spending cuts will have any impact.
That is the point.
That is the point that liberals, with the "tax the rich" solution, fail to understand. To really tackle the debt will take real, substantial cuts in social programs and the military.
That is the reality that no politician will face, thus our doom is certain.
I did it by cutting the military, capping medicare/medicaid, and raising taxes on the rich.
NO CUTS TO SOCIAL PROGRAMS OTHER THAN CAPPING MEDICARE/MEDICAID
So you're full of it once again.
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