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I had to stop here laughing so hard.. DAH.. They of course have more wealth, if they didnt, they wouldnt be wealthy
yeah you're a quick one
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So its the fault of the wealthy, that the bottom 50% who pay ZERO are BROKE? The wealthy are to blame because so many people live on welfare and are too incompetent to make adaquate living?
this ain't about blame, it's about taxation equity.
and DAMMIT WE ARE SAYING IT IN ALL CAPS SO THAT IS HOW ITS GONNA STAY.
And DAMMIT, maybe after someone keeps telling you over, and over, and over, you liberals will stop talking about "wealth" in relation to taxes so you can stop looking so foolish.
And DAMMIT, maybe after someone keeps telling you over, and over, and over, you liberals will stop talking about "wealth" in relation to taxes so you can stop looking so foolish.
I think it helps frame the disparity of income and ownership in this country for most folks to know that 6 million Americans control 98% of everything they see.
So again, explain to me why they need a lower tax rate if they can buy 98% of America?
that's what I used to think, before the Republican Party brain trust -- the party I thought at the time had some supposed sanity on fiscal matters -- show up on television telling me that we need to give a trillion dollars to the banks, or we're all going to be eating cat food after the nuclear war. (Or something similar.)
Bush is a Progressive RINO.
All spending came out of a Progressive controlled Congress, of coarse Bush signed it. We all get that. How Conservative is someone(Bush) that likes to spend big and not conservatively.
I think it helps frame the disparity of income and ownership in this country for most folks to know that 6 million Americans control 98% of everything they see.
So again, explain to me why they need a lower tax rate if they can buy 98% of America?
Raising taxes to 100% wont equate to taking their wealth.. You do realize that, right?
The fact that 6M americans can control 98% of what you see, is because that 6M americans took advantage of the opportunities afforded to them while the others sat back and moaned and groaned about what they were "entitled" to..
Raising taxes to 100% wont equate to taking their wealth.. You do realize that, right?
The fact that 6M americans can control 98% of what you see, is because that 6M americans took advantage of the opportunities afforded to them while the others sat back and moaned and groaned about what they were "entitled" to..
Raising taxes to 100% is stupid, I really wish you would quit framing the debate in that way.
However, raising their real effective tax rate to 25% would lower their ability to buy things, thus putting more goods on the market which lowers prices on them. It also would help to balance the budget (along with considerable spending cuts), which makes everyones money worth more. It would also allow for real government spending on real things that create jobs, like roads.
No, those 6 million Americans, by and large, inherited their money.
Raising taxes to 100% is stupid, I really wish you would quit framing the debate in that way.
Simply showing how stupid the mentality is for those who think the tax rate would cut into their "wealth".. raise it to whatever the hell you'd like, but its FALSE.. Taxing them does not take away wealth, so discussing their wealth is "stupid".. That doesnt stop liberals from doing so on every single waa waa waa, I hate the rich thread..
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Originally Posted by Memphis1979
However, raising their real effective tax rate to 25%
I'll support that as soon as you tell me when those who dont pay, will.. You know the bottom 51% of americans.
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Originally Posted by Memphis1979
However, raising their real effective tax rate to 25% would lower their ability to buy things
Yeah, things like that killed the boating industry in america.. woo hoo hoo, isnt that wonderful?
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Originally Posted by Memphis1979
thus putting more goods on the market which lowers prices on them.
How the hell did you make that leap? taxing them more, puts more goods on the market? Who the hell will fund those goods to market? How does lowering demand for goods and services, lower prices? Experience has shown us that its the opposite, when people buy in large volume, prices decrease, not the other way around. Tv's, computers, etc all drop as demand picksup and its the rich buying these products that lower the cost to make them affordable for the rest of us.. Have you never even studied the history of the VCR?
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Originally Posted by Memphis1979
It also would help to balance the budget (along with considerable spending cuts), which makes everyones money worth more. It would also allow for real government spending on real things that create jobs, like roads.
Ahhh, and here we have the liberal mentality.. Its government that creates jobs, not the rich.. Warren Buffet, Bill Gates, listen to Memphis, if of course you need some humor..
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Originally Posted by Memphis1979
No, those 6 million Americans, by and large, inherited their money.
so what? they have far more wealth than the bottom 50% of people in this country.
so what? they EARNED it.
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enough would be equal to the share of american wealth they own: real estate, stocks, bonds, etc.
so then you are telling me you want ot make everyone equally poor?
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See, i always thought of the term "class warfare" as republican propaganda to "shame" people into getting the rich to pay their fair share.
no, class warfare is what the democrats play to get the poor on their side and against the so called "evil rich" so they can try to stay in power.
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It's a lot like how they don't call the inheritance tax the "inheritance tax", they call it the "death tax" to make it sound really evil.
well since it is applied only when the owner of said wealth has passed on, then the tern "death tax" properly applies now doesnt it?
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i don't give a f*@% about what the democrats in congress say about their plan. i'm not talking about them.
no, but you are pushing their plan to raise taxes on the rich now arent you?
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Originally Posted by Memphis1979
However, raising their real effective tax rate to 25% would lower their ability to buy things, thus putting more goods on the market which lowers prices on them. It also would help to balance the budget (along with considerable spending cuts), which makes everyones money worth more. It would also allow for real government spending on real things that create jobs, like roads.
you really dont understand how things work do you? the rich buy things that will make them money. the poor buy things that will try to make them happy. for instance the average poor person will buy one big screen plasma tv to use. the rich on the other hand will buy 50 big screen plasma tvs to sell to the average person who wants one, so they can make money off the sale. raise their tax rates, and they wont be able to buy as many of those big screen plasma tvs, and thus fewer will be on the market not more.
as i have pointed out, raising taxes will DO ABSOLUTELY NOTHING to balance the budget. in fact it wont even make any kind of dent in the deficit. as i have said many times before, we DO NOT HAVE revenue problem, we have a SPENDING problem. the only way we are going to reduce the deficit and the debt is to STOP SPENDING money in a wanton fashion. if you had four credit cards, and they were all maxed out, and your income would not cover the payments, would you go in and ask the bosses for more money? or would you start by cutting spending?
I own a retail operation and I know what I'm talking about. You are living in a talking point fantasy land. There is plenty of money concentrated in the top 1% of the country and they are not paying their fair share. And yes, I believe everybody should be paying federal income taxes.
LOL senior citizen "roomies"? Holy **** this country has gone to Hell.
The more affluent among us pay half or more of their incomes between State, Federal, business and property taxes.
Then after they die the government socialists come in again and attempt to confiscate 50% again of their wealth and estate which was already taxed before.
I don't care what lemonade stand you operate, when you over-tax the top, the top doesn't generate income and as you see we've lost jobs, retired businesses and have inspired very few to want to start anything.
In case you haven't noticed that the top earners are on strike and will remain so IMO till rates come down, laws become more friendly and Obama is gone.
On part two: There is no money, we can't house the poor, seniors, illegals, residents and disabled all over this country.
I think we should focus on the disabled and elderly the most, but no way can future generations expect SS to be enough to keep them in some single place like it used to get close to doing before. There isn't enough other people's money.
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