Do a little research about the tax rates and tax revenue, and you will realize it is hardly relevant what the tax rates are among the top 1%. Increasing tax rates for only the richest of the richest may feel good, but will not solve the deficit and actually may hurt the economy.
Secondly, many of them own companies. When you increase their taxes, then they will just raise prices.
Then I guess you support Occupy Wall Street then.
You are the one who whines. what is unfair are those who cannot provide for themselves demanding that those who can have a duty to give them more and more and more without ever doing anything for us in return
Here's the story
IF you cannot afford the level of government you want, you need to demand less government NOT that others pony up to pay for what you want
well of course you say that. :shrug:those people are a circle jerk of loserhood
it's called "the early bird gets the worm".... it's a saying that's been around a long time.
waiting for someone else to give you worms has also been around a long time... but it's generally not celebrated as the proper way to live.
Can I see your evidence that raising taxes on the rich will not raise revenue? And as to increasing social spending, let's discuss one thing at the time.that is a bogus claim
only taxing the rich more will encourage dem politicians to claim that such tax hikes will raise revenue (not a proven fact) and that will be used to justify more social spending to buy votes
I'm not worried about any sort of "message", I'm just looking at whether or not it would help the deficit. More money coming in would certainly help. Every president in the last 30 years has tried to lower tax rates on the wealthy, and we're not exactly working with a booming economy here.Only taxing the rich more will send a message to everyone else that they aren't required to pay more taxes to deal with the deficit or to pay for the additional spending Obama wants to buy their votes so they will continue to clamor for more government
the only way to stop the deficit increasing is for the majority of America to demand less spending and that is far less likely to happen when only 1-3% of America is tasked with more taxes
of course "shared sacrifice" of everyone paying more taxes-ESPECIALLY THOSE WHO DON'T PAY FOR WHAT THEY USE AND WANT NOW" is gonna cost politicians votes
the people who have "huge tax breaks" are people who have full citizenship rights yet pay ZERO income taxes
and you aren't hurt by someone else only paying 300K a year in taxes rather than 400K
you still get a far lower tax bill than you should pay because someone like me pays too much
are you saying they have zero dollars available?
If you cannot afford more taxes maybe you should demand LESS GOVERNMENT rather than demanding others pay for stuff you think you need.
The rich pay far more than they should
based on what they use
and their share of the income
you want a system where everyone but the rich are encouraged to demand more government
No you are being dishonest
we have not had that scenario so you cannot possibly claim that at all
I expect the middle class to stop being addicted to the milk government feeds them from the public teat but rather they go out and do some hunting on their own
Thats not how money works. There isn't some fixed supply to be divided up like a pie, to some at the expense of others. A productive person ceasing to work helps no one, and costs many people jobs.
Well you're wrong, that Billionaire can do more for the economy than 10 millionaires can.
I'm glad yours is not the majority position, what an awful country that would be. I'm glad Richard Branson can have so many businesses and employ others. What troubles me about you is that you're the type who would keep the poor poorer so long as the rich don't get any richer. No matter how well the rich have done these past decades, the poor are better off too.
well of course you say that. :shrug:
The government's boobies are reserved for the rich, dammit!
Working class = does all the real work in this country. If it weren't for us, the rich wouldn't be rich. We build it, we buy it, they get all the money.
I expect people to aspire to greatness, not to be content with scraps.
What raising taxes on the wealthy and corporations does is make it very attractive to re-invest their gross profits into development and more manufacturing to reduce the amount of taxable income (net profit is gross profit - cost of doing business). Giving them a lower tax rate reduces this incentive. This is why I favor raising the taxes on the groups in question. It has nothing to do with wanting a free ride, suckling the government teat or any of the other nonsense several posters try to say is behind every people who favors this.Can you explain to me how that works? It seems counter-intuitive: raise taxes on people, and they'll pay more taxes. I understand that it's possible to harm people through that, but the wealthy are not even close to that point. Even raising taxes to what they were under Reagan would help. We're well to the left of the Laffer curve.
winners are working, the losers are boohooing
if all those clowns were to be evaporated tomorrow, I doubt America would suffer in the least
I expect the middle class to stop being addicted to the milk government feeds them from the public teat but rather they go out and do some hunting on their own
Can you explain to me how that works? It seems counter-intuitive: raise taxes on people, and they'll pay more taxes. I understand that it's possible to harm people through that, but the wealthy are not even close to that point. Even raising taxes to what they were under Reagan would help. We're well to the left of the Laffer curve.
winners are working, the losers are boohooing
if all those clowns were to be evaporated tomorrow, I doubt America would suffer in the least
What raising taxes on the wealthy and corporations does is make it very attractive to re-invest their gross profits into development and more manufacturing to reduce the amount of taxable income (net profit is gross profit - cost of doing business). Giving them a lower tax rate reduces this incentive. This is why I favor raising the taxes on the groups in question. It has nothing to do with wanting a free ride, suckling the government teat or any of the other nonsense several posters try to say is behind every people who favors this.
You believe in using the tax code to force other people to behave in a way you want which is why I want everyone to pay taxes to force those who want to freeload to face increased costs when they vote for more government.
Actually as someone who understands investment-if you raise taxes on people like me we invest it in areas where it won't get taxed as much or we stop spending as much which hurts people who depend on our spending
we tend to be much smarter about this than those of you who don't have much investment income
That's a lot of Americans you are selectively choosing to hate there.
I expect people to aspire to greatness, not to be content with scraps.
Just for a laugh, read that sentence from MY perspective. Then think Aerosmith.
Actually as someone who understands investment-if you raise taxes on people like me we invest it in areas where it won't get taxed as much or we stop spending as much which hurts people who depend on our spending
we tend to be much smarter about this than those of you who don't have much investment income
This about . 001 % not 99% and they are goof and have no clue about what drives the economy or creates jobs.
The are headed into a situation they will never win.
Most of them can't even articulate why they are there or what they want.
They are products of Obama's class Warfare messages.
This will end in disaster and they will cause it because they are stupid spoiled idiots, who need to get a job sit down and shut the hell up.
hate has nothing to do with it
its an honest observation
well of course you say that too.winners are working, the losers are boohooing
if all those clowns were to be evaporated tomorrow, I doubt America would suffer in the least
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