- Joined
- Nov 14, 2009
- Messages
- 23,957
- Reaction score
- 19,697
- Location
- Rocky Mtn. High
- Gender
- Male
- Political Leaning
- Progressive
Why should anyone choose to pay more taxes?
You call them scum, I just see them taking advantage of a greater opportunity.
When people change states for these reasons, do you consider them scum as well?
If you placed three piles of one million dollars in front of a person - one coming from wages, one coming from capital gains and the third from inheritance there is nobody on the planet who could tell them apart with any degree of accuracy. Why should the government give discriminatory preferential rates to the income streams of the rich over the income streams of working people?
this is true... 1 pile of a million bucks looks identical to the other 2.
the government should give preferential treatment to differing types of income because there is a compelling social benefit to providing incentives for the different behaviors inherent to those incomes.
Doesn't matter what you think about them. People should have the right to leave America if they don't like it.People that would renounce their citizenship over a few bucks (that they have) in contrast to those that give their lives for the country (for which they have one), given that comparison are unpatriotic scum. Who cares if the leave?
A great example is Mitt Romney who makes millions every year in investment income...and paid 13% income tax or less
this is true... 1 pile of a million bucks looks identical to the other 2.
the government should give preferential treatment to differing types of income because there is a compelling social benefit to providing incentives for the different behaviors inherent to those incomes.
One problem I have with capital gains is that of separating real gains from nominal gains caused simply by monetary debasement. If the supposed gain is due to the effect of inflation, then it is no real gain, and the government is merely hitting us with a double whammy. First, they devalue our dollar denominated assets, and then any assets that hold their value are taxed again due to a fake nominal gain. If the value of the good could be tracked in a non-debased standard unit of measure, then we would avoid punishing people for the government's monetary shenanigans.
populist garbage
what put the country in a recession was too many people who think the government has a duty to take care of them
leading to too much government, too much control etc
investment, entrepreneurship, social mobility, capital accumulation,capital reallocation, consumerism, ownership... those are all behaviors that are incentivized by a low capital gain tax structure... all are compelling social benefits.Please present the case for those compelling social benefits. I would welcome seeing them.
People that would renounce their citizenship over a few bucks (that they have) in contrast to those that give their lives for the country (for which they have one), given that comparison are unpatriotic scum. Who cares if the leave?
i have repeatedly and frequently stated that I want ALL Americans earning dollar one to pay more taxes. And that includes the 47% currently not paying federal income tax. I will search for my prior posts where I posted actual percentage increases and put them up here.
Basically I would have ALL American earners paying at least 5% of their income in federal income tax. Current middle class taxpayers would see about a 3% increase. Upper earners would see about a 5% increase. I would end most deductions for all. I would end the inheritance tax and the capital gains taxes and simply treat them as normal income and apply the appropriate tax rate schedule. I would pop the cap on FICA limits and have ALL Americans pay FICA on all of their earnings instead of just the 93% who now do.
i have repeatedly and frequently stated that I want ALL Americans earning dollar one to pay more taxes. And that includes the 47% currently not paying federal income tax. I will search for my prior posts where I posted actual percentage increases and put them up here.
Basically I would have ALL American earners paying at least 5% of their income in federal income tax. Current middle class taxpayers would see about a 3% increase. Upper earners would see about a 5% increase. I would end most deductions for all. I would end the inheritance tax and the capital gains taxes and simply treat them as normal income and apply the appropriate tax rate schedule. I would pop the cap on FICA limits and have ALL Americans pay FICA on all of their earnings instead of just the 93% who now do.
And that is moronic garbage as well
What put the US into recession is the same thing that has put Ireland, Iceland and Spain into recession, and what caused Japan to enter the one that really has not left for 20 years
To much debt, and speculatory use of that debt. All the countries i have listed all share the same issues. Borrowing that fueled speculative investments in uneconomic areas. All but Iceland involved heavy real estate investments within the country as being a primary cause. Icelands, issue was its banks invested in other countries real estate.
People and the banks that lent to them were making idiotic investment choices based on idiotic investments, all counting on a greater fool to come along and buy the poor invesment then had purchased by taking a mortgage on it.
The government did not cause it, the rich did not cause it, people on welfare did not cause it. The base issue is and was poor decision making by people taking excess risks because they were to stupid to see that a homes have to be affordable for people to live and buy them over the long term
the bigger the government the more it can screw stuff up. and it was government that required banks to lend to irresponsible borrowers.
Because it has tanks and close air support?i.e. you want the rich to suffer the highest tax increase and your FICA crap would be something that affect only the people who already pay the most taxes. in other words a MASSIVE tax increase on the rich with a minor tax increase on others
TELL ME why does the government have an entitlement to more money UNTIL it can prove it doesn't waste what it gets now?
This may come as a shock to you.
But not everything is governments fault.
Because it has tanks and close air support?
investment, entrepreneurship, social mobility, capital accumulation,capital reallocation, consumerism, ownership... those are all behaviors that are incentivized by a low capital gain tax structure... all are compelling social benefits.
Why should someone pay more taxes, if they don't believe in what the government is doing?
Patriotism is in the eye of the beholder and it seems to be quite regularly used to get people to "fall in line" with other's beliefs.
i.e. you want the rich to suffer the highest tax increase and your FICA crap would be something that affect only the people who already pay the most taxes.
How about cutting spending?
$300 billion right away.
$300 billion? So you are basically just wasting everyone elses time.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?