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First, Obama said millionaires and billionaires, not those who make over 250K.
LIE, Obama has been attacking those who earn over $250K a year since his election. Dont sit here and be this dishonest because you are speaking to adults..
Quote:
Originally Posted by MTAtech
Second, if you are a millionaire or billionaire I don't care about your corporation's tax. That's separate. If you think it is not, then I want a credit also for the taxes that the company that employees me pays too.
You do get a credit for the taxes the company pays for you, its deducted from the corporate net profits and reduces your paycheck and the number of employees that can be hired
Quote:
Originally Posted by MTAtech
The fact is that capital gains is 15% and no matter how you cloud the issue, if a billionaire earned $100B on capital gains they only pay 15% of that. 15% is too small.
Then why did you link me to a chart dealing with gross income and not net?
The top .1% pay a taxable rate of 24.28% and the average middle class american pays a much LOWER rate..
Apples is apples! Money is money! Base an income tax on all income from all sources with the base deduction set at the 90th percentile. Let the people that control the government pay for it while the rest of us get on with our lives.
Usually,allover the world ,they support socialists,trying to appease them,because they see the dynamism of the leftists & the impotency of rightwingers...
They have to go with the winner...
Also,they see that most closet or open countersemites are rightwingers...
I was thinking about this today. The Democrats,d espite their claim to want to bring this nation together, has done everything they can over the last several years to divide this nation based upon
White vs black
rich vs poor
unions vs non unions
public vs private sector
working class vs welfare class
religious vs non religious
And so many more ways that one could lose count.
The republicans do it too with social issues. gay vs straight, abortion and other wedge issues.
Most of the Lefties in this thread have completely missed the point. The point is NOT defending Wall Street or defending the middle class. The point is that the President of the United States of America is engaging in divisive rhetoric that is far below him and his office.
In my view, this exemplifies the simplistic mentality of Barack Obama. Fancy law degrees from Ivy League schools do not make a leader. A true leader would not delve into incessant, class-warfare inducing rhetoric such as this President has. It's his ONLY message because it's all a Community Organizer from Chicago knows. That's the bald faced truth.
That's the point of this letter. But i'm not surprised that most of the Obama supporters on this thread completely let it go right over their heads.
I think you're missing the point everyone else has been making. Perhaps you haven't been paying attention but during every single negotiation and policy discussion, cuts to programs that affect the poor and middle class are ALWAYS on the table. Don't you think this group of voters is going to be pretty upset with whatever passes? Don't you think that cutting money out of social security, medicare, medicaid and whatever else that may take a couple thousand dollars out of a middle class person's wallet is going to hurt them financially? This whole idea of it being class warfare is just stupid...both sides are going to be affected by this, and SHOULD be affected by this so trying to spare one side just doesn't make any sense. Frankly this sense of entitlement the wealthy class and Republicans are showing is sickening. Woe is me...don't take another 2% out of my paycheck. I'm more important that than family of 4 living on $60,000 a year. Take double of out their paycheck to make up for mine and get rid of their healthcare that they just were able to get. Enough already!! It's time to make the tough decisions and be willing to compromise
I think you're missing the point everyone else has been making. Perhaps you haven't been paying attention but during every single negotiation and policy discussion, cuts to programs that affect the poor and middle class are ALWAYS on the table.
In addition, Senate Republican leaders would go after “millionaires and billionaires,” not by raising their taxes but by making them ineligible for unemployment compensation and food stamps and increasing their Medicare premiums.
LIE, Obama has been attacking those who earn over $250K a year since his election. Dont sit here and be this dishonest because you are speaking to adults..
Yeah, have they forgotten already what the threshold is for obama and his tax hikes?
And we all know that figure will go lower still if he gets his way.
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