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You can't be very rich in the head if you think that taking half of what those corporations, you mentioned, from them in taxes will make everything a bed of roses. The more they have to pay the more they charge their customers and that leaves even the poor in a sad situation. Yep, taking from them so they charge more would serve to put more people on food stamps and that causes more money to be needed for welfare and your plan backfires in your face.
Now we could do what you suggest if we use the Maxine Waters plan of nationalizing so the government owns everything and go on from there. That would really be nice but the bureaucracy Obama has increased in size would have to increase even more to take care of that redistribution of wealth. Don't you have eyes to see with and a mind to rationalize with?
BULLCRAP! You take the money from these filthy rich who just sit on it and give it to people that can do something productive with it. People like you act like the filthy rich are the only ones worth anything anymore.......like the rest of us are just autobots who can't think, who can't produce, who can't innovate, who can't form companies. The filthy rich HATE capitalism and they HATE competition. They dont' create jobs, not nearly as many as they should be considering the amount of vast sums of wealth and assets they procure and own. Look at Cargill. The big 5 merchants of grain ARE ALL PRIVATE COMPANIES and you know what? THEY OWN YOU! THEY OWN YOUR FOOD FROM THE TOP DOWN! THey have crushed any and all competition while receiving MASSIVE subsidies from the government AKA YOU TAXPAYER! The problem is people like you are just too ignorant to realize capitalism doens't exist in America and has never really existed.......we have state corporatism where the wealth flows up to the few wealthy corporates that are politically connected. And the example I gave is JUST ONE INDUSTRY.......the grain commodity industry. Look at defense, look at energy, look at tech. The US government is bailing out private enterprise left and right because all the corporate cronies have bought our government and they are making a fortune while the ones paying their bills are suffering i.e. the middle class.
Then they are the same as the loud mouthed leftists that live here .. aren't they?
They need some kind of Government Strong-Arming to force them to pay more?
NO ONE .. Not one person has ever stopped the Obama's, The Buffett's, The Biden's ... From EVER writing a check that exceeds the minimum tax .. Now have they!
And I'll bet you .. If you could find any REAL information on the Obama's and the taxes that they pay on their Full and REAL income .. It sure as #eLL wouldn't be anything over the amount that they could get away with!
The Obama's are chump change. They are puppets. They are NOTHING to the wealthy rich elite families that run and control America and who have now bought and own on of the best democracies money can buy..
BULLCRAP! You take the money from these filthy rich who just sit on it and give it to people that can do something productive with it. People like you act like the filthy rich are the only ones worth anything anymore.......like the rest of us are just autobots who can't think, who can't produce, who can't innovate, who can't form companies. The filthy rich HATE capitalism and they HATE competition. They dont' create jobs, not nearly as many as they should be considering the amount of vast sums of wealth and assets they procure and own. Look at Cargill. The big 5 merchants of grain ARE ALL PRIVATE COMPANIES and you know what? THEY OWN YOU! THEY OWN YOUR FOOD FROM THE TOP DOWN! THey have crushed any and all competition while receiving MASSIVE subsidies from the government AKA YOU TAXPAYER! The problem is people like you are just too ignorant to realize capitalism doens't exist in America and has never really existed.......we have state corporatism where the wealth flows up to the few wealthy corporates that are politically connected. And the example I gave is JUST ONE INDUSTRY.......the grain commodity industry. Look at defense, look at energy, look at tech. The US government is bailing out private enterprise left and right because all the corporate cronies have bought our government and they are making a fortune while the ones paying their bills are suffering i.e. the middle class.
It is very easy to have a net worth of over a million bucks and a yearly income less than $200k.
odds are they also have a tax rate of well over +25% after all the accounting games.
obama is a bumbling idiot doing every thing he can to get elected, including playing the class envy card to the jealous masses.
For all you lefties...if we confiscated EVERY single $$ from every millionaire and billionaire and applied it directly to the debt, what would it do to our debt?
How about stop spending, instead of trying to just remove the debt ceiling cap....how about lower it....
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?
lol... SF, if billionaires were paying $40,000 a year, and people making $40,000 a year were paying $35,000 a year, Norquist and his Teajad zombies would be screaming how "unfair" that was.
The top 10% already pays 70+% of taxes...isn't that enough for even you?
Not really because the percentage of the wealth they own is higher than 70+ percent. Since the top 5 percent owns over 90 percent of the wealth, they need to be paying over 90 percent of the taxes.
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