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Unread 06-21-2012, 05:17 PM
 
Location: Area 51.5
13,020 posts, read 3,552,370 times
Reputation: 7576
Quote:
Originally Posted by Roadking2003 View Post
Tax The Rich.... Stupid!


Last time I checked we already tax the rich.... Stupid.
lol, that was my first thought.

What the witless libs fail to understand is when the rich pay more taxes, the poor pay more for the services and/or products the rich create, and not as many people get hired. Those who do manage to get lucky and get a job lose in benefits and/or salary.

For some, it truly is rocket science.
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Unread 06-21-2012, 05:31 PM
 
5,524 posts, read 5,825,788 times
Reputation: 3338
Quote:
when the rich pay more taxes, the poor pay more for the services and/or products the rich create, and not as many people get hired.
Most products around the world (not just the US) are "created" by corporate entities; not individuals running businesses out of their personal bank accounts, under their actual names, with no intervening corporate structures. There's no direct link between something like a tax rate and the cost of consumer goods; they are driven by separate mechanisms.

Anyway, the US federal budget is the real issue moreso than the tax rate. The nation as a whole is hugely under-taxed relative to the size of the budget. If we want to keep running things as they are - a gigantic defense department, enormous programs like Medicare with uncontrolled costs, etc. - then, taxes should rise. If not, there should be cutbacks.
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Unread 06-21-2012, 07:20 PM
 
16,500 posts, read 4,024,670 times
Reputation: 3595
Quote:
Originally Posted by tablemtn View Post

Anyway, the US federal budget is the real issue moreso than the tax rate. The nation as a whole is hugely under-taxed relative to the size of the budget. If we want to keep running things as they are - a gigantic defense department, enormous programs like Medicare with uncontrolled costs, etc. - then, taxes should rise. If not, there should be cutbacks.

Actually, you have it backwards. The nation is hugely over taxed. Tax rates are way too high. Waste, fraud and useless government agency services need to be cut.
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Unread 06-21-2012, 08:29 PM
 
Location: eastern US
277 posts, read 119,269 times
Reputation: 446
Tax the rich.....oh! - you mean tax them MORE...? Oh, OK, now I get it. Tax them more which starts the chain reaction of trickle down. The whole flippin mess gets clogged at the small business owner, who in turn, struggles to keep it all flowing in the right direction. As in towards the lower wage employees whose benefits and pay have been slashed because small business owner's "rich" suppliers have had to accommodate a higher tax.

Funny how that works...not.
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