Tax Cuts For The Rich!

[V8Assassin]

Seriously, other than car collecting, what is your occupation?

[Gothmog]

Originally Posted by V8Assassin

Goth, what is your occupation? I will not ridicule or anything, I just want to try to better understand where you are coming from.

Do you agree that poor people pay no income tax? Yes
So if you imagine all the income tax as a pie, and some people drop out of the pie, the others % obviously goes up
Imagine 3 people in a room each represents 33% of the total occupancy, if one leaves, the remaining two now represent 50% of the occupancy.

Thats how the rich can pay more % of taxes without changing anything about their income

[Gothmog]

Originally Posted by V8Assassin

Seriously, other than car collecting, what is your occupation?

My degree is in sociology, but I run my own business

[bobc455]

Originally Posted by SGRIM

Why is it fair for me to bust my hump 24/7 to make money to try to take care of my family for the future etc and half of every damn thing I make goes to taxes....

Because we hafta support those who don't want to work. Oops, I mean are unable to support themselves.

I make a pretty good living, but I am barely able to keep a roof over our heads and food on the table. I know plenty of people that are able to sustain a pretty lifestyle that is just about the equivalent of mine (except somehow they are able to afford a much better cable TV subscription), without working. I guess THEY are the smart ones...

Cast one more vote in favor of cutting social spending and having more people work, instead of raising taxes.

-Bob C.

[SGRIM]

Originally Posted by V8Assassin

That's a very familiar story for me. I watched my parents work through some of the worst situations one can imagine, never asked for help from anyone, worked until the day the both passed, literally. Now the goverment wants almost half of what they managed to accumulate. It's a joke, and all this bs about the rich getting richer and poor getting poorer, tell those lazy so and so's to get off their butts a plow the row. Quit sitting around expecting the goverment to provide the things they should be working for. Quit accepting excuses for failure and come up with some reasons to succeed. It's not fair, well who the hell ever said life was fair. Never been fair for anyone I know, wealthy or not. Is it hard to pull yourself up by the bootstraps and move into another income class, absolutely, but it's not impossible. Just ask mr nobama, the poor overworked underappreciated black man from the ghetto who is now the presumptive dem nominee.

+1,+2,+3,+4, etc.......

[SGRIM]

Originally Posted by Gothmog

My degree is in sociology, but I run my own business

If you are successful, at I wish you the best, you will change your mind before too long then!

[V8Assassin]

Originally Posted by Gothmog

My degree is in sociology, but I run my own business

Sociology, alright now we are getting somewhere. I took a few socio classes, some of the material was very interesting. I had a feeling you were educated and at the very least had some formal education in social interactions. Would have guessed psych, so you also run your own business. I have alot of respect for that, my question now is what type of business?


To answer your question, yes I understand poor people dont' pay income taxes. Acutally the earned income credit line has risen under Bush, and here in lies one of the problems. EIC was designed to stimulate the work force by giving a tax break to low income earners. What it is doing is giving people back, along with additional child tax credits, far more than they have ever paid in. It is another form of wealth redistribution.

http://www.gao.gov/new.items/d02290r.pdf

Also, I understand your example of room occupancy. Problem is there are more wealty people being created every day. New money, as it is referred to, is a growing section of our population. Of course the number of people moving up is not as substantial as those remaining the same or moving down.

Here's the problem, I don't mind paying my taxes, most people I know don't either. We moan and groan about how terrible it is, but I moan everytime my wife wants something new as well. It's the idea that we are supposed to keep growing our business's and watch our burden grow with it. Where does it stop? The uber-rich shouldn't mind paying their taxes, they have enough. The uber-poor don't pay them anyway. The middle of the road, however, is getting stuck shouldering the burden. I think we can all agree middle class can be defined as above 75k and less than 200k. Have you ever filled out a return for a single person making 150k, the tax burden is obscene. By the time ssi, medicare, income, state, and every other tax is taken out at federal, state, and local levels there is hardly anything left. A person making 150k will be left with less than half of their earnings. I am accounting for varioius forms of tax, not just federal income. They will get no break whatsoever, and under obama's plan will significantly go up.

Don't forget, whoever is making 150k had to do it somehow. Either through education, or some serious hard work (around here it is in the oil fields, if you have never thrown chains on the platform of a rig it might be hard to understand but that is damn dangerous work). Point is it has to come from some form of sacrifice, and then they are told they are responsible for people's tax refunds which don't work, didn't get educated, or simply don't have their work ethic. We get to talking about money and taxes and it seems that the sacrifices that came with the income gets lost. If someone is earning in the top ten percent, they did something to get there.


Again, what type of business do you own?

[Gothmog]

Originally Posted by V8Assassin

Sociology, alright now we are getting somewhere. I took a few socio classes, some of the material was very interesting. I had a feeling you were educated and at the very least had some formal education in social interactions. Would have guessed psych, so you also run your own business. I have alot of respect for that, my question now is what type of business?


To answer your question, yes I understand poor people dont' pay income taxes. Acutally the earned income credit line has risen under Bush, and here in lies one of the problems. EIC was designed to stimulate the work force by giving a tax break to low income earners. What it is doing is giving people back, along with additional child tax credits, far more than they have ever paid in. It is another form of wealth redistribution.

http://www.gao.gov/new.items/d02290r.pdf

Also, I understand your example of room occupancy. Problem is there are more wealty people being created every day. New money, as it is referred to, is a growing section of our population. Of course the number of people moving up is not as substantial as those remaining the same or moving down.

Here's the problem, I don't mind paying my taxes, most people I know don't either. We moan and groan about how terrible it is, but I moan everytime my wife wants something new as well. It's the idea that we are supposed to keep growing our business's and watch our burden grow with it. Where does it stop? The uber-rich shouldn't mind paying their taxes, they have enough. The uber-poor don't pay them anyway. The middle of the road, however, is getting stuck shouldering the burden. I think we can all agree middle class can be defined as above 75k and less than 200k. Have you ever filled out a return for a single person making 150k, the tax burden is obscene. By the time ssi, medicare, income, state, and every other tax is taken out at federal, state, and local levels there is hardly anything left. A person making 150k will be left with less than half of their earnings. I am accounting for varioius forms of tax, not just federal income. They will get no break whatsoever, and under obama's plan will significantly go up.

Don't forget, whoever is making 150k had to do it somehow. Either through education, or some serious hard work (around here it is in the oil fields, if you have never thrown chains on the platform of a rig it might be hard to understand but that is damn dangerous work). Point is it has to come from some form of sacrifice, and then they are told they are responsible for people's tax refunds which don't work, didn't get educated, or simply don't have their work ethic. We get to talking about money and taxes and it seems that the sacrifices that came with the income gets lost. If someone is earning in the top ten percent, they did something to get there.


Again, what type of business do you own?

I wouldnt have a problem with the rich not paying more either, but You cant have huge govt and low taxes, the money has to come from somewhere.
There are two issues
1. The rich not paying their share
2. The rich's share being paid for by everyone else

If you fixed either one of them, things wouldnt be so horrible.

[V8Assassin]

Well there it is, you are exactly right. We can't have a huge goverment and low taxes.

1. taxes aren't that low depending on who you ask
2. eliminating goverment waste (earmarks, which Mccain has long stood against) would alleviate pressure on tax dollars
3. we don't need a huge goverment, time to downsize

It does not have to be a question of simply redistributing tax structure, or raising taxes on any group.

[The Blob]

Originally Posted by Gothmog

There are two issues
1. The rich not paying their share
2. The rich's share being paid for by everyone else

1.) The top 1%... who make 22% of the income... pay 40% of the tax. How are they not paying their share?

2.) Almost HALF OF ALL PEOPLE pay NO tax while the top 1%... the rich... pay 40% of all taxes. Who are these other people that are paying the rich's share?

[BlownZ]

Why do people still argue with him?

He makes NO sense.

Here's a scenario for you bleeding heart......the rich get sick of parasites like you trying to drain them dry.....so they pack their business up and move it offshore.

Then they pay no tax at all.

[salvageV6]

I only argue with him with hopes that someday a Supermod., with at least half-wit sense, will kick his lying lefty Jr. moderator butt to the curb.

Haven't found one yet, other than the one that made him moderator in the first place.

" He makes NO sense. "

No sense is his BEST lying lefty quality.

And it doesn't say much for the powers that be in this forum.

No offense but enough already..... just push the button that puts the boot to his butt.

[BlownZ]

But then you'd have nothing to post about.

[Gothmog]

Republicans cut taxes on the rich and double Fica for the poor, that Reaganomics.

[BlownZ]

Originally Posted by Gothmog

Republicans cut taxes on the rich and double Fica for the poor, that Reaganomics.

The poor should pay more taxes. It might make them actually work a little harder.

[salvageV6]

" But then you'd have nothing to post about. "

Nah, there's still the weepie heebie from Kali.

You know our resident liar.

Then there's lying cartoon boy....

Then there's the "schoolteachers"....

OH THE SHAME!!!

[Gothmog]

The real elitest are laughing at people like you guys who carry their water for them. These are the same people who rejected the estate tax $100m execemption.

This right wing propagands machine has mobilized you fellas to fight for someone else's cause

and I say again, the "Rich" people, making $250k a year are the people Bush dumped the tax burden on, so stop hating the poor

[Black Power]

Originally Posted by BlownZ

But then you'd have nothing to post about.

This is true. We are fortunate to have Weepy and Gothfrog around to argue with, if not for them this section would be worthless...

The average IQ in here would jump a few dozen points, but it would still be worthless...