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Question for the 'take more money out the pockets of rich people' people.
How does taking money from other people benefit you personally?
Do you really believe that the 'spread the wealth' mantra will benefit you?
I think it benefits the whole Country to have a viable Middle Class with growing incomes and associated spending power.
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Quote:
Originally Posted by bmw335xi
This is a great idea!
I doubt you are a person making that kind of money advocating that you go from the most overtaxed population in the world to worse.
Obama is a fool and will lose his job in 2012.
He loves class warfare and pushing communism forward to enable the Democrats forward in the name of supposed social and economic justice as the communist before him did.
He wants to take away from the wealthy the same advantages we all have with our investment money (which we all paid taxes on).
If you invest in certain things and leave it there for two years the income from such investments are only taxable at 15%.
We're talking stock market investment. Obama is now going to cause havoc in the market by taking away the incentive of the wealthy to invest for a long time in the stock market.
That means you are going in the future to see far more short term speculation and volatility in the investment market.
Great for you and I? No, the poop will all go down and land on everyone below them.
This is part of the loser Obama plan to destroy the American economy.
And how will this AMT on the rich result in growing incomes for the middle class ?
The revenue collected could offset revenue lost from MC tax cuts. Additional revenue could be obtained from high upper income tax increases to do the same, etc, etc. In other words, reverse some of the flow of income to the upper few, to the multitude of people in the middle. Yes, that is income redistribution. But it would be more reflective of this Country's most prosperous times.
The revenue collected could offset revenue lost from MC tax cuts. Additional revenue could be obtained from high upper income tax increases to do the same, etc, etc. In other words, reverse some of the flow of income to the upper few, to the multitude of people in the middle. Yes, that is income redistribution. But it would be more reflective of this Country's most prosperous times.
No it wouldn't, because the future income would not come in to be taxed.
The revenue collected could offset revenue lost from MC tax cuts. Additional revenue could be obtained from high upper income tax increases to do the same, etc, etc. In other words, reverse some of the flow of income to the upper few, to the multitude of people in the middle. Yes, that is income redistribution. But it would be more reflective of this Country's most prosperous times.
Well I didn't read that this AMT on the rich will be redistributed to the middle class. And that still doesn't account for your post of growing incomes of the middle class. The government doesn't dictate salaries..min wage yes, but not salaries. That is determined by the company you work for.
Location: Democratic Peoples Republic of Redneckistan
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Quote:
Originally Posted by KUchief25
Why not tax em until they leave?? Yeah that's the ticket. Get those evil rich people outta the country.
I don't think anyone wants rich folks to leave America nor has anyone suggested it other than you...I think they just want them to pay their fair share...no big conspiracy there.
I don't think anyone wants rich folks to leave America nor has anyone suggested it other than you...I think they just want them to pay their fair share...no big conspiracy there.
We have a President who has failed repeatedly doing what he wants and then wanting to do the same anyway again despite the known failure. That is a mental illness, not leadership.
Well I didn't read that this AMT on the rich will be redistributed to the middle class. And that still doesn't account for your post of growing incomes of the middle class. The government doesn't dictate salaries..min wage yes, but not salaries. That is determined by the company you work for.
The Govt increases MC incomes by lowering their taxes. What would cause Employers to hire more and pay more, is competition for people and rising demand for their products. What we see now, is low demand and a glut of people looking for jobs. The reason for it is, decades of shifting wealth to a few people. That has been happening all over the Industrialized World. Some on this forum would be happy to continue that, for some strange reason.
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Bone Head Move to Crash Stocks and Economy Even Faster.
