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View Poll Results: Should the tax rate increase on people earning $1 million+ per year?
Yes 98 61.25%
No 62 38.75%
Voters: 160. You may not vote on this poll

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Old 09-18-2011, 01:22 AM
 
24,488 posts, read 41,150,886 times
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Quote:
Originally Posted by sacredgrooves View Post
Although you already know this and are just being argumentative, no, that is not what I am advocating. Would you rather have 20% of $50,000 or 20% of $1,000,000? The percentage does not matter, the rich monetarily pay far more than the middle and lower class.
20% of everything above the first $10,000. Done.
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Old 09-18-2011, 01:56 AM
 
Location: Earth
24,620 posts, read 28,290,027 times
Reputation: 11416
Quote:
Originally Posted by sacredgrooves View Post
In dollars, they pay far more than the middle class does. Percentages are for obscuring the truth and pandering for votes. Actual tax revenue is what matters, not what percentage they pay.
So wrong - it's percentages. The same rate for all.
Why do you not want the rich to pay the same rate?
They're making their money off of your back.

Quote:
Originally Posted by sacredgrooves View Post
Although you already know this and are just being argumentative, no, that is not what I am advocating. Would you rather have 20% of $50,000 or 20% of $1,000,000? The percentage does not matter, the rich monetarily pay far more than the middle and lower class.
This second post is not what you said in your first post.
What is it?
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Old 09-18-2011, 01:57 AM
 
12,772 posts, read 7,980,917 times
Reputation: 4332
Until EVERYONE pays at least 1% in taxes, I don't want to hear a peep about ANYONE "not paying enough"
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Old 09-18-2011, 02:18 AM
 
Location: SF Bay Area
14,317 posts, read 22,391,475 times
Reputation: 18436
Default President Obama again absolutely right

Millionaires unfairly benefited from Republican policies during the Bush years. Stands to reason that they should have the laboring oar of tackling the deficit. President Obama is absolutely correct. I personally think that the richest people in this country should be SOLELY responsible for tackling the deficit since it was the party that protects their interests (GOP) which created it, with the support of the wealthy.

The general rule is that if the GOP opposes something, IT is right for the country. Here, Obama is right, the GOP wrong. Country suffers when the hapless GOP gets their way as we have seen now 11 years running.
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Old 09-18-2011, 02:21 AM
 
12,772 posts, read 7,980,917 times
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Quote:
Originally Posted by A_Lexus View Post
Millionaires unfairly benefited from Republican policies during the Bush years. Stands to reason that they should have the laboring oar of tackling the deficit. President Obama is absolutely correct. I personally think that the richest people in this country should be SOLELY responsible for tackling the deficit since it was the party that protects their interests (GOP) which created it, with the support of the wealthy.

The general rule is that if the GOP opposes something, IT is right for the country. Here, Obama is right, the GOP wrong. Country suffers when the hapless GOP gets their way as we have seen now 11 years running.
Not one living breathing CITIZEN should be penalized for the irresponsible acts of any ADMINISTRATION.
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Old 09-18-2011, 02:53 AM
 
Location: Alaska
7,507 posts, read 5,755,367 times
Reputation: 4891
Quote:
Originally Posted by Savoir Faire View Post
So tax rates don't matter? Is this the new Tea Party/GOP mantra? If a billionaire pays $17,000 in taxes do you want a minimum wage earner to pay $17,000 in taxes?
The reason they only pay 17K is all the loop holes they have in the code.. Eliminate the loop holes and they pay much more than the middle class.
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Old 09-18-2011, 02:57 AM
 
12,772 posts, read 7,980,917 times
Reputation: 4332
Quote:
Originally Posted by Crossfire600 View Post
The reason they only pay 17K is all the loop holes they have in the code.. Eliminate the loop holes and they pay much more than the middle class.
Exactly. And besides, taxes are not calculated on a flat rate basis, so nobody would ever just randomly owe $17k, its based on a %
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Old 09-18-2011, 03:45 AM
 
30 posts, read 34,587 times
Reputation: 24
Doesn't this effectively eliminate the loopholes, requiring a flat tax rate for millionaires with no write-offs?
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Old 09-18-2011, 04:17 AM
 
Location: My little patch of Earth
6,193 posts, read 5,370,306 times
Reputation: 3059
Quote:
Originally Posted by A_Lexus View Post
Millionaires unfairly benefited from Republican policies during the Bush years. Stands to reason that they should have the laboring oar of tackling the deficit. President Obama is absolutely correct. I personally think that the richest people in this country should be SOLELY responsible for tackling the deficit since it was the party that protects their interests (GOP) which created it, with the support of the wealthy.
How about the millionaires in Congress?

Check the letter (D) or (R) by their names.....

Quote:
The general rule is that if the GOP opposes something, IT is right for the country. Here, Obama is right, the GOP wrong. Country suffers when the hapless GOP gets their way as we have seen now 11 years running.
You opinion is NOT a general rule.

Offer up Maxine's, uh I mean O's bill line by line and argue each on how it's right. And leave out nothing.....especially ACORN funding, the un-needed bureaucracy created, etc.

Geez, talk about swallowing koolaid.
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Old 09-18-2011, 04:44 AM
 
Location: Earth
24,620 posts, read 28,290,027 times
Reputation: 11416
Quote:
Originally Posted by t206 View Post
Not one living breathing CITIZEN should be penalized for the irresponsible acts of any ADMINISTRATION.
Yet the middle and lower class were during the bushistas.
Didn't hear you complain then.
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