Do people agree that all loopholes and corporate welfare should be stopped?

[Roadking2003]

Originally Posted by Kenneth-Kaunda

isn't that being a little dogmatic though?

I mean, the constitution was written way back when times were different.

perhaps a little tweaking here and there could be a good thing if done right?

That's why we have 27 amendments.

[BentBow]

Originally Posted by Roadking2003

That's why we have 27 amendments.

and only 17 of those can be amended.

The first 10, the "bill of rights", cannot be amended.

Think about that. Why is it called the Bill of Rights? Why is it not just qualified as the amendments to the Constitution?

It is called the Bill of Rights, for a reason.
The founders knew, if these rights were tampered with, it would mean the end of Liberty in a free nation.

[Finn_Jarber]

Originally Posted by Kenneth-Kaunda

Loopholes for the rich should be stopped, right?

how about corporate welfare and bailouts - that's also undemocratic.

So why do they continue to exist?

Yes, get rid of them. Get rid of tax loopholes, farm subsidies, and mortgage interest deductions too.

[Robin Rossi]

Originally Posted by chad3

If republicans would listen to news from places other than Fox news and Rush radio, then perhaps they would know what was going on.

The republican party is for trickle down economics and the supply side formula.
Do you know what trickle down economics and the supply side formula is?
Answer: They both give tax cuts to the rich and large corporations.


For example Mitt Romney wanted to give $6.6 trillion dollars in tax cuts to Americas rich and large corporations.
[URL="http://thinkprogress.org/economy/2011/09/07/313068/romneys-tax-plan-cost-6-6-trillion/?mobile=nc"]Romney's Economic Plan Includes $6.6 Trillion Tax Cut For The Rich And Corporations | ThinkProgress[/URL]


Billionaires have a 17% federal tax rate, and Americans who make $90,000 a year have a 30%+ tax rate (because of republican trickle down economics)

The following link shows Warren Buffet and his secretary. They talk about how Warren Buffets secretary has a 2x higher tax rate than billionaire Warren Buffet. If you would watch news from other places besides Fox and Rush you would know that democrats are trying to raise billionaires tax rates, but the republicans will (not) let them. Check out Obama in the following 3 minute link.


After clicking play you must click "watch on youtube"
Or you can click the blue words bellow the picture.

[youtube]zB1FXvYvcaI[/youtube]
[URL="http://www.youtube.com/watch?v=zB1FXvYvcaI"]Warren Buffett, Secretary Debbie Bosanek Discuss Tax Rate Inequality in Interview - YouTube[/URL]




And the stupidest thing is your source did not even mention Obama's name.


Republican Mitt Romney was trying to give Americas rich and large corporations $6.6 trillion dollars.
While Obama is trying to raise billionaires taxes.

Fox news stole your brain.

A tax is a tax on the economy. Increasing taxes on billionaires, increases taxes, and hence drag, on the economy.

[Retired Marine 1967]

Originally Posted by chad3

The following link shows Warren Buffet and his secretary. They talk about how Warren Buffets secretary has a 2x higher tax rate than billionaire Warren Buffet. If you would watch news from other places besides Fox and Rush you would know that democrats are trying to raise billionaires tax rates, but the republicans will (not) let them. Check out Obama in the following 3 minute link.


.

and its well known that buffett lied