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Nomadac
Senior MemberPosts: 902 Senior Member
Tax the rich! Take it ALL
Nomadac
Senior MemberPosts: 902 Senior Member
Tax the rich! Take it ALL the ongoing mantra of Obama. If you believe this I recommend you watch this video on You tube.
http://www.youtube.com/watch_popup?v=JY8LKII_MNA&feature=youtube_gdata_player
Who Pays Income Taxes and How Much?
http://ntu.org/tax-basics/who-pays-income-taxes.html
Why should 47% pay zero taxes? I believe that everyone should have some skin in the game, especially if they are going to have access to the benefits of our society.
I am growing tired of this continuing "Class Warfare' from Obama and the OWS crowd. This is driving our country apart. How do you see it?
http://www.youtube.com/watch_popup?v=JY8LKII_MNA&feature=youtube_gdata_player
Who Pays Income Taxes and How Much?
http://ntu.org/tax-basics/who-pays-income-taxes.html
Why should 47% pay zero taxes? I believe that everyone should have some skin in the game, especially if they are going to have access to the benefits of our society.
I am growing tired of this continuing "Class Warfare' from Obama and the OWS crowd. This is driving our country apart. How do you see it?
Replies
Guess what. If you taxed him at 75%....he's still making 58 million and change. I don't see the logic in the super rich crying about more taxes when most of them have surpluses larger than small nations.
The flip side of that is the government is a wasteful overloaded garbage-fest. Cleaning that up would reduce the need to collect such taxes.
Winston Churchill
And you feel Baseball players making $200M +, Football players, Basketball players, etc. making more then CEO that run a Major Company is OK? Why do you think you should have the right to determine what any CEO is paid? There are many entertainers making obscene salaries for what they do, compared to the responsibility of running a major Corporation, that generates large profits and employs hundreds of people. This is Capitalism, that rewards those that reach the peak of success. It sounds like you buy into the Class Warfare that Obama preaches, take from the rich and give to the poor.
Winston Churchill
You don't like it, fine. Tell me how WE fix it. When I see hundreds of thousands of people with two and three jobs due to the crap that the CEO's screwed up by taking the jobs overseas. The idiotic governmental BureaKlowns that let them, and the lazy American public that didn't cry loud enough when that was taking place then!
Winston Churchill
+1
Ugh. That can open up an whole can of worms, much like using sales taxes. First, how do you deal with earnings on investments and stock? Also, if you tax someone 5% of their income (which we all know will be too low) then the person making $30K a year and feeding a family of 4 will have a lower percentage of their overall money for food, housing, transportation, etc. than the guy making $2mill in part because those at the higher end of the income scale don't necessarily spend up with their income.
When the tax codes are so complex the guys that wrote it are hiring tax laywers.....time to start over.
Winston Churchill
AGREED. *THIS* is the problem. Time for a SERIOUS revamp.
Luis
I would like to see Volunteer Firefighters / EMS personnel that put in 40 hours a week become tax exempt, get a pension, and healthcare, pay for it by taxing those $ 200,000,000 + athletes.
Life ain't fair. Get a helmet. All those CEOs make that money because they have figured out how to get other folks to give them that money. Their 'boss' (the stockholders/board members of their particular company) have decided that it is necessary to provide that money to get the results they desire. If they're willing to pay that amount, who are we to say they're wrong and that it's too much? Who are we to say that, since you're being paid too much, we're going to have a third party come in and take a large amount of what you make...but don't worry, you'll still have 'X'? And when that turns out not to be enough to feed all the folks sucking at the government teat, what do we do then? Instead of the Mega-Rich, do we then shift to the merely Obscenely Rich? And after that? How long before we get down to guys like MY boss or YOUR boss, the Basically Comfortable? How far are we willing to go to be 'fair'? When will we start realizing that forcing more 'fairness' on the rich isn't going to make things one damn iota easier for anybody?!
'Fairness' is a highly subjective state and I'm afraid you can't get there from here...
George Carlin
:applause:
Winston Churchill
Then other clowns yell protectionism when We complain about jobs going overseas.
Other clowns yell socialized medicine when people suggest a Government established fund for medical care so you never lose medical coverage.
The bottom line is this: most people have no idea how to fix anything, yet these are the most vocal and spout the most drivel.
The bitter aftertaste of cheap products and labor lingers on long after the sweet taste of cheap has worn off.
We want cheap computers and other products made in China, but long term We pay higher costs due to this.
We have lost healthcare as a cost of doing business too.
Then We have clowns that push the all or nothing approach to healthcare, I for one do not want "FREE HEALTHCARE" , I want healthcare with permanent coverage not tied to any company or employment if such is lost.
Just as you pay into social security, you do not lose the money vested in social security if you lose a job or are unemployed for a time.
I do not think drug addicts and alcoholics should be allowed to drain healthcare dollars if they do not wish to seek treatment and maintain themselves clean & sober.
We benefited greatly from that trip to the moon, lots of technical advances were made that served in many industries and everyday uses and products.
*THIS* is one of the biggest issues... we're allowing our tax $$ to be spent in HUGE quantities on programs that will never repay us back one cent of that investment. No program should be established that isn't going to benefit us at least the cost of the program in return. Using this standard would allow us to drop a HUGE % of what the Government wastes.
Spending the money on going to the moon paid us back tenfold over with technologies that were developed on the taxpayers dime, but then yielded huge benefits in the long run.
Luis
No, of course not. Frankly I have fewer answers than I prefer to have, but I do know that any problems I have are MY problems. Not yours, and certainly not some CEO's. I think that a large part of 'our' problem is that we try to solve too damned many problems! As a country, we are rapidly approaching a tipping point of sorts, where the majority will pay little or no federal income taxes, but hold a vote on where and to whom those taxes go. To be certain, I understand that many of those folks DO pay taxes to the Fed, but they also recieve as much or more than they pay in as either some sort of entitlement or in the form of tax refunds.
I guess I'm left wondering what ever happened to the rugged individual? why do we keep looking for uncle to make things better?
George Carlin
Definition Noun 1: rugged individualism - individualism in social and economic affairs; belief not only in personal liberty and self-reliance but also in free competition.
individualism - a belief in the importance of the individual and the virtue of self-reliance and personal independence.
Try http://www.businessinsider.com/young-successful-entrepreneur-world-digital-100-2011-9
You can find many young successful entrepreneur's if you do some research, and your comment that they depended on thousands of people is ridiculous. Yes they found assistance, but if you investigate any or them, some assistance was received, but it took a lot of persistence and work to achieve their success.
One side of me wants to agree with Tugar on this and another side is with you. But the truth of the matter is and the falisy of what Tugar expresses is there's no way you can regulate this sort of thing unless you have a dictator who can arbitrarily say "OK, Joe Blow makes too much and he needs to pay X amout of tax. Henry J on the other hand makes Y amount but he is contributing to society in the business he's running, so Henry J is absolved of 10% of his taxes." So you can see that in our system you can't micromanage who pays what. You have to set up brackets and live by them. It's a cold cruel world but cold and cruel are the real deal, and the other is fantasy land. I have learned to live with the Cold and Cruel part.
Son that's somebody with nothing to do with his time but keep me in trouble with mom.
We are not talking about other countries or locations, but the opportunity that still exists in the U.S. and currently. The problem today is that too many want to rely on the Government to provide for them, or believe they are owed something, instead of working hard for their success or failure. It appears the OWS crowd believe they should be given good jobs and not have to work hard to accomplish them. I have seen many college graduates start out as interns in Big corporations and believe in a short period of time they should advance to Managers, we called them CEO's In training. They seemed to fail to understand you have to develop experience and good work ethics and not a 8-5 mentality.