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I don't know what you know, some things you know might tick me off { you get it}? Here's what I know: Almost every day some talking head says the tax on the rich is to high and 40% of the taxes are paid buy the top 1%. What they say is based on fact. What they don't say is a shameless cover up, by those in power and their friends in the media and some of the RICH WHO DON"T PAY TAXES AT ALL.People are marching and can not articulate the probem. WE THE PEOPLE must state the problem clearly. The good news is if we can do that , the solution is simple. THE PROBLEM? The #1 problem is Congress. FIRE THEM, vote all encombants out every election all the time. THE PROBLEM #2 The TAX CODE Not everyone shelters all their taxes but too many do. (period) TOO MANY When Congress starts closing loop holes I will know things are turning around. HOW DO I KNOW...........it's stated by the likes of Trump and Buffet all the time. AND A CLOSE FRIEND who works in a Tax office in a ultra rich area of Northern Illinois told me. Her clients are mufti-millionaires........and NONE PAY TAXES. NONE, ZIP, ZERO. Many live in Giant houses surounded by s custom Jack Nickolaus golf course.............that's one suburb in Illinois...........We could balance the budget if rich millionaires and corporations paid their fair share, it would help if they paid something. Wonder what the tax forms look like for the Candidates, congress? We have the power to kick them out with our vote...........or if you are thinking about setting yourself on fire to save America send me a note I'll buy you a ticketu to OCCUPY WASHINGTON ON APRIL 15th 2012
I don't know what you know, some things you know might tick me off { you get it}? Here's what I know: Almost every day some talking head says the tax on the rich is to high and 40% of the taxes are paid buy the top 1%. What they say is based on fact. What they don't say is a shameless cover up, by those in power and their friends in the media and some of the RICH WHO DON"T PAY TAXES AT ALL.People are marching and can not articulate the probem. WE THE PEOPLE must state the problem clearly. The good news is if we can do that , the solution is simple. THE PROBLEM? The #1 problem is Congress. FIRE THEM, vote all encombants out every election all the time. THE PROBLEM #2 The TAX CODE Not everyone shelters all their taxes but too many do. (period) TOO MANY When Congress starts closing loop holes I will know things are turning around. HOW DO I KNOW...........it's stated by the likes of Trump and Buffet all the time. AND A CLOSE FRIEND who works in a Tax office in a ultra rich area of Northern Illinois told me. Her clients are mufti-millionaires........and NONE PAY TAXES. NONE, ZIP, ZERO. Many live in Giant houses surounded by s custom Jack Nickolaus golf course.............that's one suburb in Illinois...........We could balance the budget if rich millionaires and corporations paid their fair share, it would help if they paid something. Wonder what the tax forms look like for the Candidates, congress? We have the power to kick them out with our vote...........or if you are thinking about setting yourself on fire to save America send me a note I'll buy you a ticketu to OCCUPY WASHINGTON ON APRIL 15th 2012
If you taxed the rich at 100 percent you would not balance the budget.
If you tax a corporation, who do you think will pay. Do you think that corporation will absorb the extra tax and reduce profit margin? All they will do is pass the cost to the consumer by raising prices. Who gets hurt with rising prices?
I don't know what you know, some things you know might tick me off { you get it}? Here's what I know: Almost every day some talking head says the tax on the rich is to high and 40% of the taxes are paid buy the top 1%. What they say is based on fact. What they don't say is a shameless cover up, by those in power and their friends in the media and some of the RICH WHO DON"T PAY TAXES AT ALL.People are marching and can not articulate the probem. WE THE PEOPLE must state the problem clearly. The good news is if we can do that , the solution is simple. THE PROBLEM? The #1 problem is Congress. FIRE THEM, vote all encombants out every election all the time. THE PROBLEM #2 The TAX CODE Not everyone shelters all their taxes but too many do. (period) TOO MANY When Congress starts closing loop holes I will know things are turning around. HOW DO I KNOW...........it's stated by the likes of Trump and Buffet all the time. AND A CLOSE FRIEND who works in a Tax office in a ultra rich area of Northern Illinois told me. Her clients are mufti-millionaires........and NONE PAY TAXES. NONE, ZIP, ZERO. Many live in Giant houses surounded by s custom Jack Nickolaus golf course.............that's one suburb in Illinois...........We could balance the budget if rich millionaires and corporations paid their fair share, it would help if they paid something. Wonder what the tax forms look like for the Candidates, congress? We have the power to kick them out with our vote...........or if you are thinking about setting yourself on fire to save America send me a note I'll buy you a ticketu to OCCUPY WASHINGTON ON APRIL 15th 2012
What you think you "know" isn't necessarily all there is to know.
You say YOU KNOW,, (implying the rest of us are dummies because we don't "know".) How about stats to back up your claims.
If you taxed the rich at 100 percent you would not balance the budget.
The goal is not to balance the budget, the goal is to have a fair tax code. Capital gains tax rates are 15%, wages are much higher than that.
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If you tax a corporation, who do you think will pay.
the corporation.
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Do you think that corporation will absorb the extra tax and reduce profit margin?
yes. they will have less profit margin, and they will pass smaller returns on to their shareholders.
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All they will do is pass the cost to the consumer by raising prices.
federal taxes actually lower prices, by removing money from circulation in the private sector.
the increase in prices we experience has nothing to do with federal taxes -- it is driven by central banks making loans.
In a functional economy, these loans go toward productive enterprise, people get jobs, and everything is hunky dory.
In our broken economy, these loans go toward commodity and land speculation. This reduces productive investment, and drives up the cost of things we buy, and drives our jobs overseas. Working people get screwed, but investors get rich, so everything is fine, right?
The goal is not to balance the budget, the goal is to have a fair tax code. Capital gains tax rates are 15%, wages are much higher than that.
the corporation.
yes. they will have less profit margin, and they will pass smaller returns on to their shareholders.
federal taxes actually lower prices, by removing money from circulation in the private sector.
the increase in prices we experience has nothing to do with federal taxes -- it is driven by central banks making loans.
In a functional economy, these loans go toward productive enterprise, people get jobs, and everything is hunky dory.
In our broken economy, these loans go toward commodity and land speculation. This reduces productive investment, and drives up the cost of things we buy, and drives our jobs overseas. Working people get screwed, but investors get rich, so everything is fine, right?
Certain industries will be able to pass the costs onto the consumer. Others will not.
Regardless, so what if they do? I'd rather indirectly pay corporate taxes as a consumer, than pay income taxes as a wage-earner.
What industries do you see not passing the costs to consumers?
So you would Rather pay more for goods making your pay check worth less. That is of course your right to want
What industries do you see not passing the costs to consumers?
those without pricing power.
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So you would Rather pay more for goods making your pay check worth less. That is of course your right to want
income and payroll taxes are what make my paycheck worth less. those are the worst form of taxes.
i'd take corporate taxes, where i indirectly paid more money for some goods, than i would a smaller paycheck, yes. For someone in my position that's just common sense.
Some folks think there's some "special magic" to corporate tax cuts, because they believe that somehow this leads to "jobs." I understand the hypothesis, however, the facts do not support this hypothesis. We've been lowering the corporate tax burden for decades, and it hasn't done squat for job creation.
income and payroll taxes are what make my paycheck worth less. those are the worst form of taxes.
i'd take corporate taxes, where i indirectly paid more money for some goods, than i would a smaller paycheck, yes. For someone in my position that's just common sense.
Some folks think there's some "special magic" to corporate tax cuts, because they believe that somehow this leads to "jobs." I understand the hypothesis, however, the facts do not support this hypothesis. We've been lowering the corporate tax burden for decades, and it hasn't done squat for job creation.
i am very interested in knowing what corp[orations do not have the power to control the price of their own goods?
I am happy you are in a situation where you can afford higher gas and food prices. Good for you and the work you do to allow higher costs to be a good choice .
i am very interested in knowing what corp[orations do not have the power to control the price of their own goods?
i'd use examples like media properties, or spectrum holdings by wireless carriers. a lot of these fields with minimal competition, are able to set their prices as high as the market will bear. Somebody like Verizon Wireless or Viacom or Time Warner Cable.
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I am happy you are in a situation where you can afford higher gas and food prices. Good for you and the work you do to allow higher costs to be a good choice .
thanks, but like i said earlier, corporate taxes have a minor impact on prices. if you're concerned about rising prices , you're barking up the wrong tree.
i already said, costs are driven up by central bank loans.
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