Comments on: Biden: Paying Higher Taxes Is "Patriotic"

Democratic VP Nominee Says Wealthier Americans Should Pay More In Taxes

[mbourn2]

Clovisbuford, I saw the page you were talking about... Interesting but I think those rates would be a disaster for the economy. Standlee5, I would be more than happy with a sliding scale from 5% to 30% of earnings starting above $10K but I doubt that most of my friends from the left would go for that. (I guess I do not know that since I cannot get anyone to give me a number that would be too high for them to support.) If memory serves I think the top rate is currently 35 percent. Lets bump that number up to say 40%%u2026 Who here would support a constitutional amendment to limit the combined tax rate (Federal, State and Local) to 40%? If we did that we would also have to limit sales tax to keep the system from becoming regressive... How about a combined sales tax limit of 8%? For the most part that would give our friends on the left a very healthy bump in taxes on the rich%u2026but, the catch is, we never have to deal with this issue again. ALL levels of government would be forced to live within those limits? Any takers?

[clovisbuford]

Did you know Bill Clinton was investigating ways to tax folks on the value of any accumulated equity that may have built up in their homes???
Posted by NObama_SUX at 05:52 PM : Sep 18, 2008
did you know your party has doubled the national deficit in just 8 years that took us 230 years to get to. We are fighting a 10 billion dollar a month war you probably support ,financed on credit from the chinese, not even part of the annual budget and you want to talk fiscal responsibility,leaving it to our grand kids to pay for it . step up to the plate big man , pay your share . and get off that republican crack , quit listening to rush and hannity on your smoke breaks at the 7/11. The continued cut and paste, flooding the comments section shows your intellectual depth.

[aceshigh333-2009]

Yea, yea. Biden has more politcal experence than Palin. Ok. But, Palin has more experience than Obama, deal with it.

Dem. ticket is as upside down as a sub-prime mortgage.
Obama, a disaster waiting to be elected.....

[clovisbuford]

Posted by NObama_SUX at 05:46 PM : Sep 18, 2008
oh look the kids got out of detention and their mom has left them alone to go get a six pack . the trolls are out that ends rational discussion on this page for now

[clovisbuford]

I am still not seeing a number. What is the tax rate that you would absolutely not go above? This is why I do not buy the "it%u2019s only a slightly more" argument." I have never been able to get anyone to give me a stopping place.

Posted by mbourn2 at 05:18 PM : Sep 18, 2008
I was wrong, in 1940 the very top income earners payed 94% income tax to help pay for the war. These days even though"this is the gravest danger we have ever faced" we are fighting this one on credit, money borrowed from the Chinese at the tune of 10 billion a month , I guess the big money boys back then were patriotic Americans . If that tax rate was forced on the richest of Americans today , how quick would we be out of Iraq?In fact if our kids were being drafted to relieve our stretched to thin military how quick would we end this nonsense? By the way i got this from tax history page that I googled

[clovisbuford]

People really thinks this guy is suitable to be VP?
Posted by StLouisMan3 at 05:21 PM : Sep 18, 2008
He has been overseas before last year. He has visited more that 3 countries including Ireland , where he more than just a refueling stop. He has actually met a few world leaders, He knows what the Bush doctrine is . He is well versed in foreign affairs . while He doesn''t see Russia from his from porch , He has been there and Georgia , don''t let that one confuse you.

[standlee5]

Why can''t we all just pay on a sliding scale from 5% to 30% of earnings starting above $10K. Even poor should pay a flat rate for earnings under $10K of like $10. Then everyone has contributed and everyone has ownership and nobody can complain about being goughed by the govt.

[ibzjem]

People really thinks this guy is suitable to be VP?

Posted by StLouisMan3 at 05:21 PM : Sep 18, 2008

Over Palin? ABSOLUTELY!!!

[clovisbuford]

I dont even think the tax rate in the US has ever been above 50% on an individual I could be wrong on that one . Warren Buffet says the tax percentage on His class of wealth right now is 17%. He also says it is a class war and His side is winning hence his support of the inheritance tax etc. Even he knows the importance of the middle class and keeping America the land of opportunity, I know Canada''s tax code is higher than ours and they aren''t hurting and get national health care to bot vs. or 45 million uninsured Americans

[mbourn2]

I am still not seeing a number. What is the tax rate that you would absolutely not go above? This is why I do not buy the "it%u2019s only a slightly more" argument." I have never been able to get anyone to give me a stopping place.