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Because we are the majority. Care to take a vote on the subject?when are the wealth stealers going to figure out that the Obama clinton tax hikes is going to mean people are going to have to pay alot more than 3% more in taxes
why do the wealth stealers pretend others can afford a tax hike yet they cannot? Why don't you agree to pay the same increased tax percentage as those you want to soak?
In this case, I agree. In the quoted article above, there are multiple things that jump out at me that can easily be reduced. For example the private schooling, the gardener, and the maid. These people will be just fine.
Why should they have to give up any of those things?
I'm pretty much poor, but I don't think I have a right to deprive someone's kids of private school. What right do I have to make someone give up the maid and gardener? Besides, did you even consider that's 2 jobs right there.
If I want a better lifestyle, then I better get in gear and do something about it. I don't need to steal from someone who happens to have more than I do.
Besides, no matter how rich or poor we are, we all have something we could give up. Why target only the wealthy?
Why should they have to give up any of those things?
if only the wealthy were targeted, i wouldn't be paying a crapload of income tax. out of curiousity, do you pay much in taxes? since you consider yourself poor, i mean.
I should be ashamed of myself. I am in no way poor. I'm quite wealthy actually. I am pretty much debt free. I own my own mobile home on 2 acres. I have a 97' Ford pickup that runs great and only has 90,000 miles on it.
There have been lots of times in my life that I was middle class and yes it seemed like a crapload of taxes. However, I think everyone should have a little skin in the game.
We need a total overhaul of our tax system. Taxing the wealthy is not the answer.
The Republicans unveiled their Pledge to America today. I haven't seen it all but they plan to really help small businesses. They probably are going to be kind to the rich too. We have to stop demonizing the rich or they will continue to leave and take jobs with them.
Making the rich less rich will not help the middle class or poor. Redistribution of wealth doesn't create wealth, which is what we should be working on.
Why should they have to give up any of those things?
I'm pretty much poor, but I don't think I have a right to deprive someone's kids of private school. What right do I have to make someone give up the maid and gardener? Besides, did you even consider that's 2 jobs right there.
If I want a better lifestyle, then I better get in gear and do something about it. I don't need to steal from someone who happens to have more than I do.
Besides, no matter how rich or poor we are, we all have something we could give up. Why target only the wealthy?
every aspect of socialism? probably true. most know that the democrats have socialist tendencies or seek to advance some of the goals of socialism. and socialism in popular terminology means giving the wealth of some to others though that's technically closer to communism.
You're basically giving a very worst case scenerio and inflating living expenses in my opinion, and even then these people would do perfectly fine, though they might have to drive the same car for two or three years before getting a new one.
The overwhelming majority of people earning over 250000 don't pay 60000 in student loans and the average cost of rent is way, way, way below 42k a year for a dinky apartment.
Even then if you earn 300000 your taxes go up 3% on 50k making them pay a mere 1500 dollars a year more. That ain't breaking the bank and you know it. At the most, a three percent raise in the top marginal tax rate would make a tiny, miniscule number of people look at their budgets and see if they're wasting money on useless stuff.
PS. RightinNYC You should fire your tax guy. The math is all wrong. The max in fedral taxes you would pay on $450k for 2010 is $127,808. Not sure your including State taxes but if so you should have stated it.
Thats before those tax deductions for kids, school, childcare and your retirement shelters. You are taking deductions and sheltering your retirement right?
In this case, I agree. In the quoted article above, there are multiple things that jump out at me that can easily be reduced. For example the private schooling, the gardener, and the maid. These people will be just fine.
Idiots like Obama and most of the Radical Socialists/Marxists he has made Czars and advisers are in the I got mine screw you club. They are on the PUBLIC dole and most never had a real Job like Obama himself.
Have you ever lived in NYC? Did you attend graduate school in the past few years? Between my college/law school and my fiancee's college/med school, we have over $500k in student loans. That might be above average, but it's not for us nor is it for the guy who wrote the article in question. We live in an okay 1BR apartment in a meh neighborhood and pay $2700/month for rent. If we wanted a 2BR in our building, it would be more than $42k/year.
Dude move out of Manhattan live in Greenpoint or Red Hook or Jamaica. I had 1800 sq ft in Park Slope with a parking space for 1200.
That isn't what socialism means. Don't give me that bull**** about "popular terminology." It's a fabrication of the right-wing so that they can paint the left with an evil-sounding word. Turtledude, you're a rapist. I don't mean that in the sense that you had non-consentual sex with someone, though, I'm using the popular terminology! Rapist.
That isn't what socialism means. Don't give me that bull**** about "popular terminology." It's a fabrication of the right-wing so that they can paint the left with an evil-sounding word. Turtledude, you're a rapist. I don't mean that in the sense that you had non-consentual sex with someone, though, I'm using the popular terminology! Rapist.
I just saw Donald Trump on,( I think it was) Wolfe Blitzer. He's none too happy with the way things are going and it sounds like he has angry friends that are talking of leaving. When asked if it was just because of the possible tax increase. he said that was part of it but also because one friend just found out the HC bill is going to cost him 100 million dollars. He says he has always made sure his empoyees had excellent health care. With the HC bill and raising taxes, we are going to see a lot of the wealthy leaving for more business friendly countries.
The Republicans Pledge to America, has all kinds of goodies for businesses. Hope it's not too late. This president hates anyone trying to make a profit.
If it means not seeing the trump hairpiece on TV anymore, I'll help him pack....
BTW, just which countries are more business friendly?
Trump can't get his ego stroked anywhere better than where he is.He was talking about places where the personal income tax was lower than here. He mentioned that many of these rich folks have homes and travel throughout the world, so it would not be a big deal to change citizenship, much like middle class people move to different states.
I don't know the tax laws in the different countries, but just think about a rich, old billionaire. Do you think it makes sense to pay the federal government 55% of your wealth, when all you have to do is change address to shelter it.
If it means not seeing the trump hairpiece on TV anymore, I'll help him pack....
BTW, just which countries are more business friendly?
He was talking about places where the personal income tax was lower than here. He mentioned that many of these rich folks have homes and travel throughout the world, so it would not be a big deal to change citizenship, much like middle class people move to different states.
I don't know the tax laws in the different countries, but just think about a rich, old billionaire. Do you think it makes sense to pay the federal government 55% of your wealth, when all you have to do is change address to shelter it.
If you think any billionaires are paying 55% in federal income taxes, I don't know what to tell you. Effective tax rate actually goes down at the extreme upper ends, thanks to the lower capital gains tax mostly. This is what triggered the quote in my signature by Mr. Buffet, he discovered he was actually paying a lower effective tax than most of his employees.
Finally, someone said something smart. I don't get how it can be so difficult to spend 3.4trillion dollars and then to have a deficit. If I overspent the same government that overspends would then say you need to declare bankruptacy and then afterwards we will be taking all of you money until you pay off your debt to us. Hyprocrites.Nobody should be talking about increased taxes without first insisting that the government greatly decrease spending. You are blowing smoke up everyone's ass about this not being simply class envy. Just why in the hell would you give more money to a government you know is out of control on spending. And like the man in the article said: "But more importantly, what is the theory under which collecting this money in taxes and deciding in Washington how to spend it is superior to our decisions?". The Federal Government doesn't need a dime more than what we are giving them now. The government needs to stop living like they have a budget only limited by how much they can tax the people.
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