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Old 06-16-2012, 11:47 AM
 
Location: Midwest
38,496 posts, read 25,800,800 times
Reputation: 10789

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Quote:
Originally Posted by pghquest View Post
I'm successful because I dont run around pretending I'm a victim.. Why dont you try it.. ?
Or manipulate the system for free handouts? For example, I know someone who intentionally does not marry his live-in girlfriend just so she can remain free of his income and continue to collect Medicaid. Do you agree with that?
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Old 06-16-2012, 11:57 AM
 
Location: Hinckley Ohio
6,721 posts, read 5,199,738 times
Reputation: 1378
Quote:
Originally Posted by pghquest View Post
I'm successful because I dont run around pretending I'm a victim.. Why dont you try it.. ?
Lol, pretending, that should be your middle name. FYI, real businessmen with multiple corporations don't have time to waste 10, 12 hours a day posting wingnut echo chamber nonsense on forums like this. Lol. But, Keep repeating that bs, maybe someone will buy it. Sorry, I have trouble keeping your stories straight, what was that profession sports team you owned?

Or maybe you're the proof that businessmen are not the 20 hours of work a day, 7 days a week heroes you all try to pretend you are. Maybe being a business man is a life of leisure with hour upon hour of free time to play on the internets.

Maybe it is true that those top 400 are just leisure class snobs and not the hard working heroes we are told
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Old 06-16-2012, 01:49 PM
 
15,061 posts, read 8,622,286 times
Reputation: 7413
Quote:
Originally Posted by BigJon3475 View Post
And how are you going to go about transferring that wealth from their personal residence, other real estate, closely held stock, publicly traded stock, state and local government bonds, federal bonds, corporate and foreign bonds, bond funds, diversified mutual funds, cash value life insurance policies, noncorporate business assets, farm assets, private equity and hedge funds, other limited partnerships and retirement assets? After all that's their "wealth" that you're speaking about you'd like to redistribute.

Please tell us how you plan on doing that without taking a Mao-like Great Leap Forward or a Stalin-like Great Purge?
By adhering to the %$^ US Constitution, as it was designed originally by the founding fathers. Of course that would mean repealing this criminal Federal Reserve Act and the 16th Amendment, and imposing the national tax in the manner the founding fathers designed into our constitution originally ... that being a tax only on foreign commerce, and leaving the hell alone people's personal domestic incomes.

Cut out the IRS and all of the tax loopholes that only benefit the mega wealthy. Do you realize that if you simply taxed the Federal Reserve Gangsters at 5%, we could eliminate the personal income tax and have more revenue? Do you realize that most of the international corporations pay no income tax at all? Do you understand that if you're a regular Joe, and you get a family inheritance, like a family farm, you get clobbered, forcing many to sell that farm that's been in the family for 100 years because they can't pay the tax bill? But ... the Billionaires set up these clever foundations with Trillions of dollars that don't pay a dime.

Worse yet, the money just sits there, out of circulation until it is used to consolidate more wealth buy buying up fire sale assets sold off during these regularly "scheduled" recessions created by the FED? That's why that old saying is true ... the rich get richer and poor get poorer, because the system has been designed in this Orwellian Robin Hood scam of stealing from the poor and giving to the rich.

Why do you think the system taxes employment income higher than investment income? Because it serves the financial best interests of the most wealthy who control those laws with their political influence known as campaign contributions. Who do you think the congress critter is going to look after? The poor puke on the street, or the wealthy political donor adding big bucks to his PAC? Does the average guy have personal lobbyists bending the ears of these bribe taking buffoons on capital hill every day? Hell no. That's why the slob on the street is taking it in the seat without the lube.

Tell me, why would any sane person go to such lengths as you do to defend this criminal enterprise that is raping us purple, including you? Are you nuts? Or do you just not know how the system works against you? Which is it? Ignorance or insanity?

In this day and age of "Globalization" the entire taxing system is backasswards ... we tax the hell out of domestic income, and let the "Globalists" and their transnational Trillions skate by without a skinny dime paid. Want to see manufacturing and employment come roaring back to America? Start taxing the way the constitution originally designed it to work, and these criminal globalists would quickly locate their lost patriotism, and stop moving everything off shore. Eliminate these HUGE trade deficits with slave labor nations that are bankrupting the American people, while continuing to feed this mafia controlling our monetary system. Eliminate these disastrous "free trade" agreements that should be called what they really are ... international corporate "Free Ride Agreements".

The solution is simple ... it's called honesty and integrity, and operating lawfully under the original intent of the United States Constitution, and not allowing foreign bankers to continue to operate behind the curtain as the fascist dictators that they have been.

A byproduct of this return to American prosperity would include an abrupt halt to these banker instigated wars we seem to have an "endless" supply of these days!

Imagine that.
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Old 06-16-2012, 02:01 PM
 
15,061 posts, read 8,622,286 times
Reputation: 7413
Quote:
Originally Posted by BigJon3475 View Post
http://www.irs.gov/pub/irs-soi/12insprbulhignincome.pdf

What that means is given the chance at increased income with higher and higher inflation the lower income people turned their money hand-over-fist to the wealthy and as you can see with threads like this they then turned around and complain because they turned their money hand-over-fist to the wealthy.

The wealthy haven't gotten wealthy because they're stealing people's money the wealthy have gotten that way because the ignorant populace has been finding as many ways as possible to swipe, mail, email, trade, eat, buy etc the money they earn into the wealthy's hands as fast as they can.

The people screaming about taxes should be higher are simply doing the same ignorant things they've always done, subsidizing stupidity. They're not interested in campaigning for greater economic IQs they'd rather just keep the ignorant ignorant and continue to pay for them to be that way.

It's really funny though because the tax-the-rich folks don't see it that way. They see it totally the opposite of the way it actually is and that government allowed those people to get rich through tax policy and not through the actual way that government has been an abject failure at the education system and teaching people things finance.
The original taxing authority granted to the federal government by the constitution specifically exempted domestic income, and taxed only foreign commerce. There was good reason for that, and we now see (or at least some of us see) the disastrous outcome of reversing .... YES I SAID REVERSING that formula.

The FED act of 1913, passed in the dark of night on December 23, while a majority of congress was away for the holiday, handed over the Sovereignty of the United States of America to a group of international criminal gangsters. The 16th Amendment, passed earlier that same year was carefully conspired mechanism for turning the American people into financial slaves to be milked like dairy cows.

Moo if you care to ... but for those with any grasp of history and reality ... people are not chattel, though it seems than far too many apparently enjoy being down on all fours, squealing like farm animals.
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Old 06-16-2012, 04:08 PM
 
Location: west mich
5,739 posts, read 6,931,116 times
Reputation: 2130
Quote:
Originally Posted by wutitiz View Post
I happened to catch this from Mark Levin the other day, found it striking, and decided to look it up on line when I got home.
Mark Levin

Economist Mark J Perry found this interesting factoid. According to 2009 IRS data, the 400 top taxpayers in 2009 shelled out $16.1 billion, while the bottom 50% of taxpayers totaled $19.5 billion in taxes, or less than 25% more.

Something to cite next time someone claims that the rich don't pay their fair share in taxes.

Note also how inherently unstable this structure is. What happens if just a few of those 400 decide to take their money and go to some small offshore tax haven? Wouldn't it be more stable to have a much more broad-based structure instead of trying to drain so much dough from such a tiny group?
Mark Levin your guru?
The top 400 individuals own 50% of the country's wealth. Most of their their income is from capital gains taxed at 15% and with loopholes some pay zero.
The 400 Richest Americans Pay An 18% Tax Rate - Forbes

Forgot - these tax breaks are supposed to be creating jobs like crazy - for at least the last ten years (the 400 being the "job creators").

Last edited by detwahDJ; 06-16-2012 at 04:33 PM.. Reason: added
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Old 06-16-2012, 04:54 PM
 
29,939 posts, read 39,450,111 times
Reputation: 4799
Quote:
Originally Posted by GuyNTexas View Post
By adhering to the %$^ US Constitution, as it was designed originally by the founding fathers. Of course that would mean repealing this criminal Federal Reserve Act and the 16th Amendment, and imposing the national tax in the manner the founding fathers designed into our constitution originally ... that being a tax only on foreign commerce, and leaving the hell alone people's personal domestic incomes.
Article I Section 8 makes it very clear what the congress has the power to do and they've decided that it's far more detrimental to have the power to regulate the supply of money in the hands of politicians who cannot separate themselves from things political and that is the correct position for the congress to take since they can't even agree to disagree the majority of the time.

Quote:
Originally Posted by GuyNTexas View Post
Cut out the IRS and all of the tax loopholes that only benefit the mega wealthy. Do you realize that if you simply taxed the Federal Reserve Gangsters at 5%, we could eliminate the personal income tax and have more revenue? Do you realize that most of the international corporations pay no income tax at all? Do you understand that if you're a regular Joe, and you get a family inheritance, like a family farm, you get clobbered, forcing many to sell that farm that's been in the family for 100 years because they can't pay the tax bill? But ... the Billionaires set up these clever foundations with Trillions of dollars that don't pay a dime.
Quote:
Nontaxable Returns with Income of $200,000 or More Measured in Current Dollars and in 1976
Constant Dollars, by Tax and Income Concept, Tax Years 1977–2009—Continued

Percentage of all returns with income of $200,000 or more

Returns with no U.S. income tax,
by income concept
2009 - 0.741%

Returns with no worldwide income
tax, by income concept
2009 - 0.327%
http://www.irs.gov/pub/irs-soi/12insprbulhignincome.pdf

I think you're flipping your whig over people who pay no taxes and as far as internationals the major sectors that paid no taxes for 2008 information technology. 2009 was Gas and Electric utilities, Industrial Machinery and Oil and Gas Pipelines. For 2010 they were Industrial Machinery.

I suppose you'd like those companies to just up and move to another country instead of keeping one leg in the U.S. and still employing people here?

Quote:
Originally Posted by GuyNTexas View Post
Worse yet, the money just sits there, out of circulation until it is used to consolidate more wealth buy buying up fire sale assets sold off during these regularly "scheduled" recessions created by the FED? That's why that old saying is true ... the rich get richer and poor get poorer, because the system has been designed in this Orwellian Robin Hood scam of stealing from the poor and giving to the rich.
If there is a vast conspiracy to keep people stupid I can agree with this somewhat with the exception of "scheduled" recessions. Apparently you don't seem to remember your history when it came to recessions before the Fed was created. The Federal Reserve is simply a cushion to those "scheduled" recessions so that people aren't jumping off buildings in droves every 8-15 years.

Quote:
Originally Posted by GuyNTexas View Post
Why do you think the system taxes employment income higher than investment income? Because it serves the financial best interests of the most wealthy who control those laws with their political influence known as campaign contributions. Who do you think the congress critter is going to look after? The poor puke on the street, or the wealthy political donor adding big bucks to his PAC? Does the average guy have personal lobbyists bending the ears of these bribe taking buffoons on capital hill every day? Hell no. That's why the slob on the street is taking it in the seat without the lube.
They tax investment income lower because they have to choose between having jobs that they can tax and not having any jobs or investments income to tax.

Quote:
Originally Posted by GuyNTexas View Post
Tell me, why would any sane person go to such lengths as you do to defend this criminal enterprise that is raping us purple, including you? Are you nuts? Or do you just not know how the system works against you? Which is it? Ignorance or insanity?
Did you beat your wife today or last night?

Maybe instead of bitching and moaning you should learn how things work and then you wouldn't be freaking out about things that have gone on since man started bartering with each other. You think there was no recessions in the fur trades?

Quote:
Originally Posted by GuyNTexas View Post
In this day and age of "Globalization" the entire taxing system is backasswards ... we tax the hell out of domestic income, and let the "Globalists" and their transnational Trillions skate by without a skinny dime paid. Want to see manufacturing and employment come roaring back to America? Start taxing the way the constitution originally designed it to work, and these criminal globalists would quickly locate their lost patriotism, and stop moving everything off shore. Eliminate these HUGE trade deficits with slave labor nations that are bankrupting the American people, while continuing to feed this mafia controlling our monetary system. Eliminate these disastrous "free trade" agreements that should be called what they really are ... international corporate "Free Ride Agreements".
Excuse me while a laugh a bit with this tirade.

This, everyone, is a perfect example of someone foaming at the mouth while they watch other people, who've been enslaved for a couple of centuries with your policies, start to actually increase their standard of living and actually pull themselves up by their boot straps.

It really sucks to have to compete on a level playing field doesn't it?

Quote:
Originally Posted by GuyNTexas View Post
The solution is simple ... it's called honesty and integrity, and operating lawfully under the original intent of the United States Constitution, and not allowing foreign bankers to continue to operate behind the curtain as the fascist dictators that they have been.
If you were truly being honest with yourself you'd understand that there is no possible way on this planet or three others that 7 billion people can live like Americans have lived for the past 100 or so years.

Quote:
Originally Posted by GuyNTexas View Post
A byproduct of this return to American prosperity would include an abrupt halt to these banker instigated wars we seem to have an "endless" supply of these days!
We've had "endless" wars since monkeys hunched down and traveled in packs to the other tribes and killed off the weakest of them one by one. There are films of that if you're interested in seeing it.
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Old 06-16-2012, 05:10 PM
 
29,939 posts, read 39,450,111 times
Reputation: 4799
Quote:
Originally Posted by detwahDJ View Post
Mark Levin your guru?
The top 400 individuals own 50% of the country's wealth. Most of their their income is from capital gains taxed at 15% and with loopholes some pay zero.
The 400 Richest Americans Pay An 18% Tax Rate - Forbes

Forgot - these tax breaks are supposed to be creating jobs like crazy - for at least the last ten years (the 400 being the "job creators").
You want to raise it back up to 30%? What are you going to do with that extra $8 billion a year? You gonna split it between the 150 million other tax payers ($53 bucks a piece)? You want to pay it towards the national deficit (.615% of the deficit)? Or do you really want it in a detwahDJ fund?

I can do this all day because as I pointed out earlier in another thread until you raise taxes on everyone, cut entitlement programs and reduce the size of the federal government the U.S. is on an unsustainable path in terms of debt. Deciding to focus on any one small group simply means you fail as armchair budget manager for the U.S.
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Old 06-16-2012, 05:34 PM
 
9,855 posts, read 15,200,125 times
Reputation: 5481
Quote:
Originally Posted by MTAtech View Post
First, the "Fair-tax" is an Orwellian term for a flat-tax, which isn't fair. Under a 10% flat-tax, people who make $20,000 a year pay $2,000 and people who earn $2 million pay $200,000 may seem fair except that it's easier for the millionaire to pay $200,000 in tax than the poor person to pay $2,000.

Second, you must be joking if you don't think Social Security; unemployment benefits; welfare or the military are useful.
A fair tax means everyone pays the same percentage of their income. It doesn't matter if it is 'easier' for one person to pay taxes. A fair tax means everyone pays the same percentage as everyone else. Whether it is easy to pay or not isn't a question that matters.

And are you serious about social security? Social security has given 1/8 the return of the stock market over the course of its history. Try researching something before talking. SS, UI, welfare are programs that only help people too lazy to do something for themselves, and military is vastly over used. We shouldn't be the world police.
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Old 06-16-2012, 06:09 PM
 
Location: Kentucky
49 posts, read 28,966 times
Reputation: 30
The poor and lazy should be taxed much higher than the rich because they are nothing more than a burden on society. Why should the rich pay a higher percentage of tax? Because they work harder and smarter?
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Old 06-16-2012, 06:16 PM
 
Location: west mich
5,739 posts, read 6,931,116 times
Reputation: 2130
Quote:
Originally Posted by BigJon3475 View Post
You want to raise it back up to 30%? What are you going to do with that extra $8 billion a year? You gonna split it between the 150 million other tax payers ($53 bucks a piece)? You want to pay it towards the national deficit (.615% of the deficit)? Or do you really want it in a detwahDJ fund?

I can do this all day because as I pointed out earlier in another thread until you raise taxes on everyone, cut entitlement programs and reduce the size of the federal government the U.S. is on an unsustainable path in terms of debt. Deciding to focus on any one small group simply means you fail as armchair budget manager for the U.S.
Hm, seems to be a personal issue with you. Ok just pay your fair share - how about that?
Raise taxes on the rich, since they profit from our infrastructure more than anyone.
Yes, I agree with you, cut "entitlement programs" like subsidies for profitable corporations who don't need them - big oil, pharma, corporate farming. Remove tax breaks for outsourcing jobs, and reward companies who keep or create jobs here.
And yeah, pay 30% or more, you can afford it. Do your share of contributing to the running of the government. If you don't like the lower classes, and think they are lazy - too bad. They work harder than any "coupon-clippers".
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