Ending Tax Breaks for Billionaires
Tags: 071310estate, tax
Technorati Tags: 071310estate, tax
Tags: 071310estate, tax
This entry was posted on Wednesday, July 28th, 2010 at 8:47 am and is filed under US Tax Questions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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#1 written by LouieArrighi July 14th, 2010 at 05:54
@LouieArrighi and by workers rights I’m including bringing our jobs home (charging tariffs if necessary)
#2 written by mueygringo July 14th, 2010 at 14:03
When the people fear the government you have trrany. When the government fears the people you have liberty.
#3 written by log140 July 14th, 2010 at 16:21
Bush was the elites best friend…
never trust a Bush unless….
#4 written by closetconserative July 15th, 2010 at 09:43
@get a job fool,That business hateing Kenyan B Hussain Obama has crippled the economy.Better pay reparations to Jesse Jackson LOL
#5 written by ThaGenius101 July 15th, 2010 at 15:00
For all of you depent thinking, Fox News dim-witted hollow heads who doesn’t seem to understand simple logic for some strange reason, you cannot destroy the largest economy in the world in a year and a half. Sure the president has done everything perfect but some of you are just being really unreasonable in your criticism and what’s motivating you is very obvious.
#6 written by armyveteran101st July 15th, 2010 at 22:58
This reality is so obvious and so toxic for the country that anyone with any brains can see it clearly, but stupid right-wingers will immediately accuse you of “engaging in class warfare” if you point this out to them. I wish we had more common sense people like Senator Sanders in Congress, instead of all the obstructionist corrupt clowns that populate the republican side. Go, Senator Sanders!
#7 written by dangerouslytalented July 16th, 2010 at 02:26
@armyveteran101st Class warfare IS happening.
The rich have been waging it for the last 40 years.
#8 written by Legit73Resurected July 16th, 2010 at 13:42
This intense fear of anything socialist in nature stops people from objectively evaluating ideas that serve to aide the poor. Anyone who even remotely cared about this country would be more than willing to pay more in taxes to loosen the yoke around the necks of the working class.
#9 written by stonescourt3 July 17th, 2010 at 05:07
@LouieArrighi when people start realizing it’s not a party problem and that it’s a greed problem, we will have moral leaders, both in the private and public sector, to bring us out of this recession.
#10 written by stonescourt3 July 17th, 2010 at 05:08
we need JOBS, not just unemployment benefits.
#11 written by stonescourt3 July 17th, 2010 at 05:18
@armyveteran101st when people start realizing it’s not a party problem and that it’s a greed problem, we will have moral leaders, both in the private and public sector, to bring us out of this recession. also, i think we need a flat tax across the board to not only solve the problem of tax breaks for the rich, but also tax increases for the rich. if someone made their money justly, they shouldn’t have to pay any more or any less than someone who made less money.
#12 written by stonescourt3 July 17th, 2010 at 05:28
if the problem is acquiring money via the stock market, as teddy roosevelt was quoted here, then it should be regulated also, not just taxes. why is sanders not addressing the problem of derivative trading, NAFTA, and Fannie and Freddie Mac here?
#13 written by armyveteran101st July 17th, 2010 at 16:50
@stonescourt3 I have to disagree with you. I do think that our political parties have very different philosophical positions, and these different stances determine the way they govern. That’s a fact. And I disagree with you regarding taxation. I believe in progressive taxation, that is, the higher your income, the higher amount you should have to pay in taxes. It is a question of fairness. Did you know that Warren Buffet’s secretary has a much higher rate of taxation than he does? Is that fair?
#14 written by NCAJAX July 18th, 2010 at 05:11
@666bushisnazi666 Has life been unfair to you little 666 boy? Frustrated with your sad pathetic life? Is that what has turned you into a angry little 666boy? How’s that hacking my account and finding my IP address coming little 666 boy? So is living on social services not all you thought it would be. Try getting a job you sad little fuck and stop looking for people to take care of you. Fucking live off others liberal.
#15 written by stonescourt3 July 18th, 2010 at 05:44
@armyveteran101st not all within a party agree on viewpoints–there are extremes within each. on your point on higher taxes for wealthier people–again, i think a flat tax is better. why would that not be a viable solution to the example you gave that buffet’s secretary pays a higher tax than buffet does? if people gain wealth by moral and just means (by government regulation and incentives, which they havent done), then its not fair for them to pay a higher tax.
#16 written by SAGEBOT500 July 18th, 2010 at 11:29
@stonescourt3 Wealthy people benefit from society more than less-wealthy people because they live more lavish lifestyles. They buy more consumer goods, consume more water, heat, electricity, etc. From that perspective, it could be argued that taxing wealthier people at a higher rate is fair.
#17 written by armyveteran101st July 18th, 2010 at 15:42
@stonescourt3 Perhaps it would be, and I’m not necessarily against it. I don’t think it matters how people acquire wealth, (as long as they do it within the bounds of the law). I think that the wealthy have a moral obligation to give something back to the system that allowed them to acquire their wealth in the first place. What better way for them to do that than by contributing to sustain the civilized society we live in and enjoy? Taxes are the price we pay for living in civilized society.
#18 written by stonescourt3 July 19th, 2010 at 09:00
@SAGEBOT500 i dont understand your argument. wealthy people buy more goods and consume more utilities, so they should be taxed more? i believe there is already taxes applied to those.
#19 written by stonescourt3 July 19th, 2010 at 09:12
@armyveteran101st the better way for society to sustain itself is just that–for it to sustain itself, not by depending on the wealthy to assist. the problem is that government does not provide incentives to corporations to hire people, nor do they fairly tax individuals at the same rate. if government allowed the people to succeed by working hard and taxed them the same rate as others, then they could make enough money to sustain themselves.
#20 written by armyveteran101st July 19th, 2010 at 10:56
@stonescourt3 Your premise of “depending on the wealthy to assist” is wrong. I never meant for the wealthy to carry the burden by themselves. I meant for them to carry a measure of the burden that is proportionate to their economic capability. As far as incentive goes, a big part of the Stimulus program is devoted to tax cuts for small and mid-size businesses. I just don’t see how gov’t gets in the way of people “working hard”, whatever that means in conservative/libertarian terms.
#21 written by konopelli July 20th, 2010 at 05:33
I support a 90% marginal tax rate on ALL ‘income’ in excess of $1 million/year.
#22 written by searcherboy July 24th, 2010 at 13:50
@stonescourt3 You’re absolutely wrong. A wealthy person with a multi-million dollar income, for all he buys, doesn’t spend as much on food, clothing, cars and housing for himself and his family as the 50 or 100 working people lower down the economic pole who collectively earn as much as he does. The wealthiest people buy nice lifestyles for themselves, and hoard the rest of their money in investments with a relatively low economic spinoff effect.
#23 written by stonescourt3 July 25th, 2010 at 05:03
@Pellegrino80 dont forget to add obama
#24 written by stonescourt3 July 25th, 2010 at 05:05
@searcherboy i agree. i didnt make that statement about the wealthy–SAGEBOT500 did.
#25 written by 666bushisnazi666 July 26th, 2010 at 18:02
@konopelli
That’s what the top rate was in the late 50′s. I bet the republitards on here that cry about President Obama rolling back the top rate to a measly 39% don’t even know that.