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Have you heard that old truism, for every action, there is an equal and opposite reaction? Do you not think that if people in high finance and industry, etc. experience increased costs, they will just pass it on the consumers of there product as a price increase? Thus, it is the little guy, the alleged 99 percent person who will get hurt in the end. Now will one of you brilliant liberals tell me where I am making a mistake in my thinking?
Because the 99% don't have any more money and they want their social programs.
Somebody has to pay so it might as well be those left with some money in their pockets.
Because someone making $40K per year shouldn't be paying proportionately more than someone making $40 million. The rich shouldn't be sucking off the sweat of the poor and middle class.
Isn't there a difference between taxing individuals vs. taxing corporations? How would taxing an individual make a corporation increase the prices of its products?
Because someone making $40K per year shouldn't be paying proportionately more than someone making $40 million. The rich shouldn't be sucking off the sweat of the poor and middle class.
Why not? That person making $40 million pays way more taxes---probably more per year than I'll see in my lifetime.
Have you heard that old truism, for every action, there is an equal and opposite reaction? Do you not think that if people in high finance and industry, etc. experience increased costs, they will just pass it on the consumers of there product as a price increase? Thus, it is the little guy, the alleged 99 percent person who will get hurt in the end. Now will one of you brilliant liberals tell me where I am making a mistake in my thinking?
The wealthy should pay more taxes. If a person makes 10 times as much as someone else, they should pay 10 times the taxes....
The problem with our tax system isn't that the rich need to pay more. It's that the bottom 50% pay nothing in federal taxes.
I do agree with your logic though. Regan taught us that trickle down economics works (his policies ushered in the longest boom time we've ever seen). When people who have money spend money demand for goods goes up. When demand for goods go up, jobs are created. When jobs are created, the people who get those jobs pay taxes and have money to spend. When they spend their money, demand for goes goes up....and so on and so on and so on. Too bad obama didn't have the sense to use the debt he racked up to do some trickle down.....a one time stimulus lasts as long as it takes to cash the check. You have to think long term to deal with an economy like this. We need Regan back.
Have you heard that old truism, for every action, there is an equal and opposite reaction? Do you not think that if people in high finance and industry, etc. experience increased costs, they will just pass it on the consumers of there product as a price increase? Thus, it is the little guy, the alleged 99 percent person who will get hurt in the end. Now will one of you brilliant liberals tell me where I am making a mistake in my thinking?
[sarcasm] Because they are not paying "their fair share". The fact that they can even be called wealthy is evidence that they are holding out. [/sarcasm]
I don't know all of the deal with taxes, but I think if everyone paid some set percetnage of their income that would make sense.. I think the more wealthy someone gets there seems to be more loopholes and other nonsense.
Flat tax...
You pay X pecent whether you make 25K a yr or 1M a yr... I don't know why we can't get some straight answers on why this wouldn't work...
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