nancy_naive says: What you average "flat-tax" or "equal percentage" morons fail to realize, and of which the rich have so well convinced you to the contrary, is that the "quality of having money" is not a linear function; it's not just a multiplier.
Progressive tax rates are not only fair they are the responsible way for the government to raise revenues. __________________________________ My isn't our Wealth Envy burning brightly today.
A moron is someone who thinks taxes will be raised and the rich will simply continue as they were and not change their behavior to limit their tax liability. A moron thinks the tax revenue will just go up by a factor of the raised tax. Now that is just plain stupid, but most of you taxers don't understand it.
If you want to understand it better, look up the Forbes article that details the disaster that was Sweden's experiment with progressive tax rates.
Don't bother talking about Clinton's "surplus" either. The Internet Boom created the surplus. Clinton didn't create the internet (Gore did). The internet created the internet.
Would someone please tell me how much my "fair share" is? Is my "fair share" more than your "fair share?" If so, how is that fair? Come on people, someone please, just give me a number.
Here comes the first steps. Businesses laying off, not hiring. Raises and bonuses cut. Cost of living increases exponentially. Wait til all those feather-headed college kids start to graduate and can't find work. Unless Oblamo uses his dictatorial powers (executive orders) to prevent it you will see more offshoring not less. Business owners in this country were sitting on trillions, not investing not hiring, waiting to see what occurs. Now with Obamacare coming into full force, even less will come to those middle-class wage earners. Bank on it.
Let the $70 billion tax breaks for the rich expire like it should have a year ago. Cut $80 billion from defense, like it should have been years ago. Now you have $150 billion to start closing the deficit.
Commercial mortgage interest deductions, means testing entitlements, many corporate and individual loopholes and deductions...lots of ways to reduce the deficit.
The House has had the last year to go through the tax code, they do not need another year. Perhaps if they had used the time they spent trying to repeal health care 30 times going over the tax code, they would be ready.
The people voted for Republicans in 2010 to create JOBS. They refused to consider the President's Jobs Proposal, they put up legislation that reduced regulations and cut taxes for the rich, then called them "jobs" bills.
What you average "flat-tax" or "equal percentage" morons fail to realize, and of which the rich have so well convinced you to the contrary, is that the "quality of having money" is not a linear function; it's not just a multiplier.
The quality of life for a person with $300,000/year income is not JUST 10x better than someone whose income is $30,000/year. It's more more than 10x better. And, a person whose income is $3,000,000/year is more than 100x better and more than 10x better that the person with 300,000/year. So expecting them to pay a higher percentage is FAIR.
Progressive tax rates are not only fair they are the responsible way for the government to raise revenues.
It ain't over 'til it's over. Every public officeholder swears an oath of office. ?Ask yourself, 'What's the point of ANY additional pledge?' ?Follow the money. Any officeholder who genuinely believes in representative government should have already publicly denounced the Teaparty/Taliban's efforts to disenfranchise Americans. If you stood in line to vote, write your STATE legislators an invitation to the 21st century. ?Washington state voters had their ballots weeks before election day. The Teaparty/Taliban are still afraid of women making decisions. (John 8:3-11) Trickle down not only doesn't spur economic growth, it stifles it. It's what led to the American and French revolutions. "Corporations are people" = "He with the most gold rules"
Well Nancy - the tax code is in place to fund government; not to equalize quality of life. You seem to want equal results, I believe in equal opportunity.
Taxes??? The 57 million that voted for Romney will be paying the welfare of the 60 million that voted for Obama. You can bet that the market is going to continue dropping as the job makers of this country continue to withdraw their assets prior to increased taxes and government regulations. Where was the Tea Party on election day? Where were the massive Tea Party rallies like we saw in 2009? Defending Liberty and Freedom isn't just a short term walk in the park. Romney didn't lose this election, "We the people" lost by sucking up to tyranny. By kissing the ring of the Uncle Sam-Santa Clause, America elected the ideology of Lenin and Marx........ Bye bye American Pie.
The 57 million that voted for Romney ain't all wealthy,it's the wealthy ones that will pay a higher tax rate so now you can stop fooling yourself the election is over.
The wealthy that had the Bush tax cuts all these years and didn't create any jobs need to give some of that money back.
The stock market dropping because the job creators pulling out, it's the profit takers and besides the stock market it's exclusive to the wealthy. The stock market gained 69,000 points under Obama in the last 4 years so that means your job creators supported Obama and not the GOP.
"The subjects of every state ought to contribute towards the support of the government, as much as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state." - The Wealth of Nations, Adam Smith, 1776.
It would be fair. Businesses and investors get more use from, gain more from infrastructure than private citizens. Why shouldn't they pay more for more use?
But more to the point, it only makes good business sense to properly maintain your plant assets, your tools, your infrastructure (including the health, education and training of your livestock). In short, IT'S IN YOUR OWN BEST INTEREST YOU SHORTSIGHTED, SELF-SERVING GET!
They've already been asked to pay more taxes to lower the deficit. The response from the House was a resounding.. NO!! unless of course its only the middle class and poorest of the nation. Only then is it alright.
Its alright to demolish the safety net we have in place for Seniors, children and those struggling. Move those funds to pay off the debt. But don't ask the welathiest to help out and most certainly don't tough their welfare money.
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What you average "flat-tax" or "equal percentage" morons fail to realize, and of which the rich have so well convinced you to the contrary, is that the "quality of having money" is not a linear function; it's not just a multiplier.
Progressive tax rates are not only fair they are the responsible way for the government to raise revenues.
__________________________________
My isn't our Wealth Envy burning brightly today.
A moron is someone who thinks taxes will be raised and the rich will simply continue as they were and not change their behavior to limit their tax liability. A moron thinks the tax revenue will just go up by a factor of the raised tax. Now that is just plain stupid, but most of you taxers don't understand it.
If you want to understand it better, look up the Forbes article that details the disaster that was Sweden's experiment with progressive tax rates.
Don't bother talking about Clinton's "surplus" either. The Internet Boom created the surplus. Clinton didn't create the internet (Gore did). The internet created the internet.
Commercial mortgage interest deductions, means testing entitlements, many corporate and individual loopholes and deductions...lots of ways to reduce the deficit.
The House has had the last year to go through the tax code, they do not need another year. Perhaps if they had used the time they spent trying to repeal health care 30 times going over the tax code, they would be ready.
The quality of life for a person with $300,000/year income is not JUST 10x better than someone whose income is $30,000/year. It's more more than 10x better. And, a person whose income is $3,000,000/year is more than 100x better and more than 10x better that the person with 300,000/year. So expecting them to pay a higher percentage is FAIR.
Progressive tax rates are not only fair they are the responsible way for the government to raise revenues.
Every public officeholder swears an oath of office. ?Ask yourself, 'What's the point of ANY additional pledge?' ?Follow the money.
Any officeholder who genuinely believes in representative government should have already publicly denounced the Teaparty/Taliban's efforts to disenfranchise Americans.
If you stood in line to vote, write your STATE legislators an invitation to the 21st century. ?Washington state voters had their ballots weeks before election day.
The Teaparty/Taliban are still afraid of women making decisions. (John 8:3-11)
Trickle down not only doesn't spur economic growth, it stifles it. It's what led to the American and French revolutions.
"Corporations are people" = "He with the most gold rules"
I know the truth, as a senior who is a modest income, lower middle class senior.......and I PAY TAXES!
I don't support liars.
Where was the Tea Party on election day? Where were the massive Tea Party rallies like we saw in 2009? Defending Liberty and Freedom isn't just a short term walk in the park. Romney didn't lose this election, "We the people" lost by sucking up to tyranny.
By kissing the ring of the Uncle Sam-Santa Clause, America elected the ideology of Lenin and Marx........ Bye bye American Pie.
The wealthy that had the Bush tax cuts all these years and didn't create any jobs need to give some of that money back.
The stock market dropping because the job creators pulling out, it's the profit takers and besides the stock market it's exclusive to the wealthy. The stock market gained 69,000 points under Obama in the last 4 years so that means your job creators supported Obama and not the GOP.
It would be fair. Businesses and investors get more use from, gain more from infrastructure than private citizens. Why shouldn't they pay more for more use?
But more to the point, it only makes good business sense to properly maintain your plant assets, your tools, your infrastructure (including the health, education and training of your livestock). In short, IT'S IN YOUR OWN BEST INTEREST YOU SHORTSIGHTED, SELF-SERVING GET!
Its alright to demolish the safety net we have in place for Seniors, children and those struggling. Move those funds to pay off the debt. But don't ask the welathiest to help out and most certainly don't tough their welfare money.