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Limbaugh has said as much - some fractured reasoning that the wealthy's income is "not spendable income" as opposed to that of the too-well-off welfare recipient. He was making the case that the welfare recipient is the truly wealthy one, as opposed to the truly impoverished rich person whose wealth is "all tied up in bank paperwork".
With that the case, makes me wonder why people strive so hard to be rich.....
Well -- he sounds right. If you have your money invested, then you don't have it to spend.
It's difficult to find a welfare family that doesn't have cell phones, expensive shoes, the more expensive brand label foods in their grocery carts, a big screen television and cable, video game players with many $60 games.
I find it quite ironic that people who are inherently poor, the ones who are fiscally mediocre at best, wish to dictate how this country's top earners should be managing their money. It surely must be bliss.
steven_h wow, LOL well said.
that is why they like this president so much. He runs the country like the financially uneducated do and now this country is just like them.. BROKE! Goood going
What is even crazier is they think they know what they are talking about.
I am not rich partner. I live comfortably but I worked for it and would hate to see somebody take it away from me.
I really don't understand why those that struggle, risk should have to pay for those who chose to spend all day in bed?
Rebel, I like how you say it like it is. You live comfortably but it sounds like you are not uber rich but hey this tax hike (the highest in US history) is going to hit people like you and me hard.
NOT ONE of these people who think doing this is the greatest thing wants a dime taken from them. Increase taxes on anyone making more than me is what they think. If they deny it they are lying. I bet if anyone tried to reach in their pockets they would be kicking and fighting it all the way.
The top 400 payers paid almost as much as the lower 50%. Yes, tax them to death, make them move to Bahamas, Monte Carlo and then wonder who is going to fill the gap resulted by the laws of taxes.
You see, bud, the super rich can live anywhere they want, they have enough money to move their entire families to tax haven countries. The rest of us (me) don't. We are stuck here so if you come up with more great ideas how to further ********** country up keep them to yourself, OK?
yet Obama and people would expect them to stay. But they will leave and they will employ people in other countries. Whats so hard for people to understand.
United States-based companies and hardworking Americans face a steadily growing problem, one oddly self-imposed by the American public and Uncle Sam. Our current tax system puts businesses and workers at a competitive disadvantage in the global market and discourages companies from investing in operations here at home.
On Sunday, April 1, Japan lowered its corporate tax rate, leaving the United States with the highest effective rate among developed countries: 39.2 percent.
Companies will move their operations to another country and there will be less jobs for Americans which means less revenue for the government. In the end because the government revenue will drop they will have to increase taxes again "and" lower the threshold of income level they increase taxes on.
The above said in a few words! There are very little jobs available here in the America.
Translated for our Spanish speaking Illegals
Lo anterior, dijo en pocas palabras! Hay puestos de trabajo disponibles muy poco aquà en los Estados Unidos.
People are voting for higher taxes on job creators and our job creators are picking up their baseball bat and ball and leaving America.
United States with the highest effective Corporate tax rate. Operating under a higher tax rate automatically puts U.S. based firms at a competitive disadvantage to their foreign competitors. Companies today have fewer deterrents from relocating their operations to areas that provide the most economically conducive environment also helping these companies stay competitive.
Translation to Democratic:
Companies close American bases and move -> Americans lose jobs
We've already seen this at a state level. California, with the most burdensome state tax systems, has witnessed companies relocate at an accelerating pace at 5 per week.
Translation:
Employers leaving and employees lose jobs.
Well -- he sounds right. If you have your money invested, then you don't have it to spend.
Then it isn't income. Stocks that rise in price, real estate that appreciates, etc., aren't income until they are sold. At that point they are case and the difference between their cost basis and the selling price is income, subject to taxation.
Quote:
Originally Posted by malamute
It's difficult to find a welfare family that doesn't have cell phones, expensive shoes, the more expensive brand label foods in their grocery carts, a big screen television and cable, video game players with many $60 games.
How do you know that this is so common? Do you know many welfare recipients or are you just expressing a vague notion that you believe without evidence?
My experience is that poor people live on a lower standard than others -- living in a lower standard of housing; either have no car or a very old one; eat cheaper food; and do not spend on luxuries, as a rule.
Quote:
Originally Posted by detwahDJ
Limbaugh has said as much - some fractured reasoning that the wealthy's income is "not spendable income" as opposed to that of the too-well-off welfare recipient. He was making the case that the welfare recipient is the truly wealthy one, as opposed to the truly impoverished rich person whose wealth is "all tied up in bank paperwork".
With that the case, makes me wonder why people strive so hard to be rich.....
Actually, I said nothing like that. Limbaugh's statement is debunked two paragraphs above. Limbaugh is an idiot if he thinks "welfare recipient is the truly wealthy." Perhaps he wants to test this theory by trading his riches for welfare? We can see how "impoverished" the fat idiot is, with his seven Maybach cars and luxury estate. I can't imagine how he manages such suffering.
Last edited by MTAtech; 06-21-2012 at 04:52 AM..
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Let someone rob you blind and you would stay for more??? lol
