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Thread: tax the rich

  1. #1
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    tax the rich

    the GOP calls it class warfare

    and i have no problem with that

    the rich have waged very successful class warfare for years, it's time they took a step back

    and lets be real, taxes were higher during Clinton administration, during Reagan administration, did the economy tank? No it did great. Reagan raised taxes about 10 times in fact.

    I really love to see the GOP siding with the rich and the super-rich. this is still a democracy and there are way more not-rich people who vote. Let Obama take the Populist high ground, the GOP can defend the billionaires.

  2. #2
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    GOP can defend the billionaires. And you can defend the GENERATIONAL leeches, some 4 and 5 back now.

  3. #3
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    [QUOTE=bitonti;4150734]the GOP calls it class warfare

    and i have no problem with that

    the rich have waged very successful class warfare for years, it's time they took a step back

    and lets be real, taxes were higher during Clinton administration, during Reagan administration, did the economy tank? No it did great. Reagan raised taxes about 10 times in fact.

    I really love to see the GOP siding with the rich and the super-rich. this is still a democracy and there are way more not-rich people who vote. Let Obama take the Populist high ground, the GOP can defend the billionaires.[/QUOTE]



    We have more revenue NOW than in 2007. We have a spending problem. We basically need a FULL congressional vote to close a post office on Saturday? This country is a joke when it comes to spending.







    If the BUFFET tax is what you refer to...then fine. BUT nothing will change and you know it. We make effective millionaires of most civil servants and hire them by the thousands......
    Last edited by southparkcpa; 09-19-2011 at 08:33 PM.

  4. #4
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    [QUOTE=bitonti;4150734]the GOP calls it class warfare

    and i have no problem with that

    the rich have waged very successful class warfare for years, it's time they took a step back

    and lets be real, taxes were higher during Clinton administration, during Reagan administration, did the economy tank? No it did great. Reagan raised taxes about 10 times in fact.

    I really love to see the GOP siding with the rich and the super-rich. this is still a democracy and there are way more not-rich people who vote. Let Obama take the Populist high ground, the GOP can defend the billionaires.[/QUOTE]

    Define "rich".

    As an aside, your posts have become comical, like the head cheerleader for the DNC, spouting the "talking points" of the day. I expect more from an "independent".:rolleyes:

  5. #5
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    we talk about solar panel bad loans and other tiny situations, the elephant in the room is the USA put 2 wars on credit.

    think about it this way if you prefer, we are raising taxes to pay for 10 years of wars on credit. WE are raising them as they should have been raised many years before.

    History will not be kind to the wars in the middle east. there's no benefit that outweighs the human and economic cost. and we didn't really pay for it. It was all debt.

    this housing thing happens, we could have issued 1 trillion in debt and built new highways, bridges, parks, schools etc instead we spent it on war and its time to balance the ledger.

    people talk about the US Gov't like it's a family budget. Well the family breadwinner can't walk up and ask for a X% raise in income and expect it to happen. that's what the US Gov't can and will do with taxes.

    [QUOTE=Ernie;4150787]Define "rich".
    [/QUOTE]

    a rich person is someone for whom raising taxes won't even matter to their bottom line.

    they might cry about it alot and it's that good money sense that made them rich. But they can handle it and it's long past due. the gap between rich and poor has grown too large, it's not a positive society when that happens. Teddy Roosevelt ran on this message and he was a great President.

  6. #6
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    [QUOTE=bitonti;4150734]the GOP calls it class warfare

    and i have no problem with that

    the rich have waged very successful class warfare for years, it's time they took a step back

    and lets be real, taxes were higher during Clinton administration, during Reagan administration, did the economy tank? No it did great. Reagan raised taxes about 10 times in fact.

    I really love to see the GOP siding with the rich and the super-rich. this is still a democracy and there are way more not-rich people who vote. Let Obama take the Populist high ground, the GOP can defend the billionaires.[/QUOTE]

    lolz

    +1,000

    Here's these a-hole's argument:

    WAAH! WAAH! WAAH! Democrats tax us too much!!! We have no money!! WAAAH! WAAAH!!


    Hey, dumbf*cks.

    You.

    Have.

    96%.

    Of.

    The.

    Total.

    Wealth.

    In.

    The.

    US.




    MCFLY.

    96 f*cking %?!?!?



    What are you trying to tell us?! That if it wasn't for mean Democrats and mean teachers and mean mailmen and mean auto workers, you would have 98% and EVERYTHING would be better?

    Dumba**es. And the people who buy their line of sh*t are dumba**es too.
    Last edited by PlumberKhan; 09-19-2011 at 10:24 PM.

  7. #7
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    [QUOTE=PlumberKhan;4150872]lolz

    +1,000

    Here's these a-hole's argument:

    WAAH! WAAH! WAAH! Democrats tax us too much!!! We have no money!! WAAAH! WAAAH!!


    Hey, dumbf*cks.

    You.

    Have.

    96%.

    Of.

    The.

    Total.

    Wealth.

    In.

    The.

    US.




    MCFLY.

    96 f*cking %?!?!?



    What are you trying to tell us?! That if it wasn't for mean Democrats and mean teachers and mean mailmen and mean auto workers, you would have 98% and EVERYTHING would be better?

    Dumba**es. And the people who buy their line of sh*t are dumba**es too.[/QUOTE]

    Your profanity is getting way out of line. Please elevate the dialogue.

  8. #8
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    [QUOTE=bitonti;4150804]
    a rich person is someone for whom raising taxes won't even matter to their bottom line.
    .[/QUOTE]

    Is that what your proposed law would say? Or would a specific number be written?

  9. #9
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    The new plan taxes everyone not just the rich. Just taxing the rich will never make ends meet and you know it.

    [QUOTE]New government fees pepper Obama deficit plan
    More than $130B in new government fees pepper Obama deficit plan

    WASHINGTON (AP) -- It's not just millionaires who'd pay more under President Barack Obama's latest plan to combat the deficit.
    Air travelers, federal workers, military retirees, wealthier Medicare beneficiaries and people taking out new mortgages are among those who would pay more than $130 billion in government revenues raised through new or increased fees.
    Airline passengers would see their federal security fees double from $5 to $10 for a nonstop round-trip flight and triple to $15 by 2017, raising $25 billion over the coming decade. Federal workers would face an additional 1.2 percentage point deduction from their paychecks to contribute $21 billion more for their pensions over the same period. Military retirees would pay a $200 fee upon turning 65 to have the government pay their out-of-pocket Medicare expenses. They'd also pay more for non-generic prescription drugs.
    And it'll cost corporate jet owners a new $100 fee for each flight.
    The fees aren't taxes. They're charged to people who use government services or receive benefits such as taxpayer-subsidized health care, and they typically defray the government's cost of providing a service. The fee on corporate jets and other private passenger planes, for example, would raise about $1 billion a year to help finance the cost of air traffic control. Recreational flyers won't have to pay.
    Many of Obama's proposals are retreads from earlier budget proposals, including those submitted by his predecessors. Most have been rejected year after year. Some ideas, like requiring wealthier veterans to pay more for their health care, stir up opposition from powerful interest groups. Others, like the bigger security fee for flyers, seem too close to a ticket tax increase.
    Administration budget documents describe the fees as savings.
    But unlike Obama's tax proposals, the new fees aren't necessarily dead on arrival with Republicans. A group led by Vice President Joe Biden had tentatively agreed to increase the airline security fee before talks between the White House and Congress collapsed in June. The Biden-led group was also weighing an increase in pension contributions by federal workers, an idea that has riled organized labor and other Democratic-friendly interest groups.
    "Why (would) the administration ... propose a Social Security payroll tax holiday in its jobs bill, but simultaneously suggest a tax increase for middle-class federal workers?" asked Joseph Beaudoin, president of the National Active and Retired Federal Employees Association.
    Another new fee would increase by one-tenth of a percentage point the fee that mortgage giants Fannie Mae and Freddie Mac charge lenders to guarantee repayment of new mortgage loans. The administration says the fee increase would add $15 a month to the monthly cost of an average new mortgage. Even without existing mortgages being affected, the fee increase would raise $28 billion over 10 years.
    Some of the fees tilt toward the arcane. There's a plan to save $3 million a year by developing an electronic records system for hazardous waste shipments. Another would produce $7 million more a year by giving the federal government a 50 percent share of receipts from geothermal leases on federal lands instead of 25 percent, with the remainder going to the states.
    Another proposal would charge $4 an acre on non-producing oil and gas leases on federal lands, raising $1 billion over a decade. The idea is to prod energy companies to get their leases into production or give them up and allow others to develop them.
    [/QUOTE]

    [URL]http://finance.yahoo.com/news/New-government-fees-pepper-apf-4120540659.html?x=0&.v=2[/URL]

  10. #10
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    It is typical class warfare. It will do nothing to fix the economy of dimwits deficit spending! Obama is a total Chicago Jackass! Tax the rich so he can cover his own wreckless spending.

  11. #11
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    Bottom Line: The Employed Elitists love the idea of higher taxes on the rich but Obama guarantees that unemployment will still be high on Presidential election day 2012.

    :jets17

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    We should stop pussey footing around and use our military to tax Canadians and Mexicans.

  13. #13
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    [B][URL="http://reason.com/archives/2011/09/19/obamas-tax-hikes"]Obama's Tax Hikes[/URL][/B]

    [B]Why does the White House want to raise taxes during a recession?[/B]

    [URL="http://reason.com/people/ira-stoll"]Ira Stoll[/URL] | September 19, 2011

    [QUOTE]
    Leave it to President Obama. On September 8 he announced a $450 stimulus consisting of hundreds of millions of dollars in tax cuts. On September 19 he announced he wants a $1.5 trillion tax increase.
    The president tried to ease the whiplash by dividing the tax cut and the tax increase into two separate speeches, and by separating them by 11 days. And to some degree the approach fits with Keynesian economic and political orthodoxy. The idea is that the economy needs a short-term boost to end the recession, but that longer-term the focus should be debt and deficit reduction.
    [B]This has the added political virtue for the president of giving voters a tax cut going into the 2012 election, while delaying any tax increase until after the election.[/B]
    [B]On Medicare cuts, the president takes this to the extreme of delaying certain savings until 2017. “Any savings that affect beneficiaries do not begin until 2017,” a White House “fact” sheet declares. In other words, until after President Obama has safely completed his hoped-for second term. Convenient, isn’t it? How else to explain why they picked 2017 instead of, say, 2016?[/B]
    The quip about the alcoholic who prays, “Lord make me sober but not too soon” has been repeated by so many columnists that at this point it is a cliché. But as a wise old editor once told me, “They’re clichés for a reason.” In this case, the reason is that it so accurately describes the situation.
    [B]A rational voter might look at the hundreds of millions in proposed tax cuts announced on September 8 and the $1.5 trillion proposed tax increase announced on September 19 and say, you know what, this nets out as a huge tax increase. How about you just leave me alone?[/B]
    At moments in his September 19 speech, Mr. Obama almost sounded like Steve Forbes, or some other free-market tax reformer. Mr. Obama mentioned that the tax code was more than 10,000 pages long, that the volumes stacked atop each other would be five feet tall, and that America’s corporate tax rate is among the highest in the world. I half-expected, half-hoped that the next words out of Mr. Obama’s mouth would be a Forbes-like plea to “kill it, drive a stake through its heart, bury it, and make sure it never rises again to terrorize the American people.”
    But if fundamental tax reform and simplification is the goal—and it’s a worthy one—linking it to a $1.5 trillion tax increase is, alas, a sure way to kill it. If the tax reform grows the economy overall and government revenues then rise as a kind of unintended consequence, that’s one thing. But listening to Mr. Obama drone on about what’s a “fair share,” one gets the sense he sees tax reform not as a worthy goal in itself but merely as cover for his big tax increase.
    [B]This was clear from Mr. Obama’s insistence, in the September 19 speech, “This isn’t class warfare.” He had already, in the same speech, explained, “I reject the idea that asking a hedge fund manage to pay the same tax rate as a plumber or a teacher is class warfare.” He went on, “Nobody wants to punish success in America.”[/B]
    Mr. Obama may want to ask himself why he keeps having to reassure Americans that he’s not engaging in class warfare and that he doesn’t want to punish success. I don’t recall President Reagan or George W. Bush having to reassure Americans on those fronts. What will actually reassure Americans aren’t more empty words from Mr. Obama but rather policies that let Americans keep more of what they earn and own long-term, not just until the next election.
    [I]Ira Stoll is editor of [URL="http://www.futureofcapitalism.com/"]FutureOfCapitalism.com[/URL] and author of [URL="http://www.amazon.com/exec/obidos/ASIN/0743299124/reasoncredit-20/"]Samuel Adams: A Life[/URL].[/I]

    [/QUOTE]

    [URL]http://reason.com/archives/2011/09/19/obamas-tax-hikes[/URL]

  14. #14
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    "millionaires" = making $200k

    And NYers losing mortgage interest deductions? great :rolleyes:

  15. #15
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    The GOP should 'let' the plan pass after taking particular pains to make sure it is clearly tied only to Obama and those in Congress up for re-election in 2012.

    It is bad policy that increases spending on union jobs and his green cronies bad ideas and continues to make the business climate poisonous for investment and risk-taking(the things that create the most jobs.

    In 2012 Obama will be washed away as he can no longer blame Bush for everything, ignoring that he was part of the Democrat majority for the last two years of Bush's 2nd term. And the Democrat total contol they had for the first two years of his term.

    Shortly afterward, hopefully, Obamacare is dismantled and the country can move back toward rewarding people who aren't afraid to work hard and don't think the government can fix all their problems.

  16. #16
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    [QUOTE=Ernie;4151042]Your profanity is getting way out of line. Please elevate the dialogue.[/QUOTE]

    Jesus said it was OK.








    Question: If high taxes are so harmful to the rich....why are they still rich?

  17. #17
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    [QUOTE=Winstonbiggs;4151102]We should stop pussey footing around and use our military to tax Canadians and Mexicans.[/QUOTE]

    :rotfl:

  18. #18
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    what's the opposite of class warfare

    there are no classes

    a rising tide lifts all boats

    is that what we are supposed to believe?

    clearly that's not the case

    we talk endlessly about the jobless and what a problem the unemployment rate is... surely we can't expect these people to shoulder increased tax burden

  19. #19
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    [QUOTE=quantum;4151117]"millionaires" = making $200k

    And NYers losing mortgage interest deductions? great :rolleyes:[/QUOTE]
    that should help the housing market

    then he can hit up those zillionaires again with his job act non stimulus bill, and of course they can pay for obamacare, and don't forget, they're rich so no help with aide for their kids colleg education.

    redistribution of wealth...I think there could be a revolution in the works

  20. #20
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    [QUOTE=jetswin;4151161]that should help the housing market

    then he can hit up those zillionaires again with his job act non stimulus bill, and of course they can pay for obamacare, and don't forget, they're rich so no help with aide for their kids colleg education.

    redistribution of wealth...I think there could be a revolution in the works[/QUOTE]

    Isn't there a term for it out there somewhere...

    Haven't other countries tried this...

    How are they doing :i_dont_kn

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