SUBSIM Radio Room Forums



SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997

Go Back   SUBSIM Radio Room Forums > General > General Topics
Forget password? Reset here

Reply
 
Thread Tools Display Modes
Old 04-18-12, 12:55 PM   #1
Fish
Eternal Patrol
 
Join Date: Sep 2001
Location: Netherlands
Posts: 1,923
Downloads: 0
Uploads: 0
Default Senate Blocks Buffett Rule 30% Tax Floor on Top Earners.

http://www.bloomberg.com/news/2012-0...p-earners.html


Fish is offline   Reply With Quote
Old 04-18-12, 01:09 PM   #2
yubba
Admiral
 
Join Date: Sep 2009
Location: in a neighborhood near you
Posts: 2,478
Downloads: 293
Uploads: 2
Default

well if we re- elect Obama, we'll all look like the guy with his thumbs in his pockets, and all of Obama's buddies will look like the guy on the right, a bag full of money and hookers for everybody, all in the name of redistrabution of wealth. I haven't heard one word from the Dems how they are going to limit spending or down size government, and even when they will pass a budget, government needs to it's fair share too.
yubba is offline   Reply With Quote
Old 04-18-12, 01:36 PM   #3
gimpy117
Ocean Warrior
 
Join Date: Jul 2007
Location: Kalamazoo, MI
Posts: 3,243
Downloads: 108
Uploads: 0
Default

And I never really heard one word from the Republicans about how they were going to reduce the spending and size of government when they made a new agency and championed 2 wars abroad either.

IMO the tax code that allows the uber rich to skate by paying so little is no accident and is shameful.
__________________
Member of the Subsim Zombie Army
gimpy117 is offline   Reply With Quote
Old 04-18-12, 02:26 PM   #4
August
Wayfaring Stranger
 
August's Avatar
 
Join Date: Apr 2005
Location: Massachusetts
Posts: 22,936
Downloads: 0
Uploads: 0


Default

The US Senate is controlled by the Democrats. If they can't get it passed it's not the Republicans fault.
__________________


Flanked by life and the funeral pyre. Putting on a show for you to see.
August is offline   Reply With Quote
Old 04-18-12, 02:45 PM   #5
Skybird
Soaring
 
Skybird's Avatar
 
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 41,432
Downloads: 9
Uploads: 0


Default

42% of House and 67% of Senate are millionaires. So where is the surprise?

http://www.politifact.com/truth-o-me...oportionate-s/

Quote:
A reader recently sent us an example from Facebook, which was an online message credited to Occupy D.C. The posting says:
"1 percent of Americans are millionaires."
"47 percent of House Reps. are millionaires."
"56 percent of Senators are millionaires."
(...)
As for members of Congress, the most recent estimate shows that 42 percent of House members and 67 percent of senators are millionaires in net worth. That means the Facebook post is a bit high in its estimate of House millionaires and a bit low in its estimate of Senate millionaires.
The numbers support the underlying point of the Facebook post -- that members of Congress are disproportionately wealthy. But not on the scale suggested. We rate the Facebook post Half True.
__________________
If you feel nuts, consult an expert.
Skybird is offline   Reply With Quote
Old 04-18-12, 04:21 PM   #6
yubba
Admiral
 
Join Date: Sep 2009
Location: in a neighborhood near you
Posts: 2,478
Downloads: 293
Uploads: 2
Default

Quote:
Originally Posted by gimpy117 View Post
And I never really heard one word from the Republicans about how they were going to reduce the spending and size of government when they made a new agency and championed 2 wars abroad either.

IMO the tax code that allows the uber rich to skate by paying so little is no accident and is shameful.
Well vote for Obama, since you hate the rich so much, republican progressives are just as bad as the liberal dems, so tell Yubba how tax-ing the rich is going to get us out of this jam when general electric hasn't paid any taxes.. I guess you are ok with the government giving a billion dollars to the muslim brotherhood in Egypt. Oh by the way Warren Buffet owes a billion dollars in back taxes and is fighting the irs, not to pay, Hippo Critters.
yubba is offline   Reply With Quote
Old 04-18-12, 04:33 PM   #7
Ducimus
Rear Admiral
 
Ducimus's Avatar
 
Join Date: May 2005
Posts: 12,987
Downloads: 67
Uploads: 2


Default

Whole thing kinda reinforces the belief that we have the best government money can buy.
Ducimus is offline   Reply With Quote
Old 04-18-12, 04:35 PM   #8
nikimcbee
Fleet Admiral
 
nikimcbee's Avatar
 
Join Date: Jul 2003
Location: Patroling the Slot.
Posts: 17,927
Downloads: 90
Uploads: 0


Default

But Yubba, how will the GSA have their parties? And US hookers are too expensive, so our SS agents need to buy cheap foreign labo(u)r.

Stop being a h8tr Yubba and pay up, so our agents can buy US hookers.

It's for the children.

Don't make me get Sally Struthers in here to shake you down Yubba.
__________________
nikimcbee is offline   Reply With Quote
Old 04-18-12, 04:53 PM   #9
yubba
Admiral
 
Join Date: Sep 2009
Location: in a neighborhood near you
Posts: 2,478
Downloads: 293
Uploads: 2
Default

I think some of these government hippies types need to get a haircut and get a real job, not one watt of power produced at the Dept of Energy, not one plant grown at the Dept of Agurculture, no work ever produced at the Dept of Labor, and you know there's no justice at the Dept of Justice, heck I can't afford a beer let alone hookers, these government types sure know how to live, and they have the nerve to bitch about paying in 3% into their retirement. Nikimcbee shouldn't you be workin on that pt mod, I sent Privateer that file on the Pt 109 it's all in your hands now.
yubba is offline   Reply With Quote
Old 04-18-12, 05:03 PM   #10
Tchocky
Navy Seal
 
Join Date: Jul 2004
Posts: 5,874
Downloads: 6
Uploads: 0
Default

Quote:
Originally Posted by yubba View Post
I think some of these government hippies types need to get a haircut and get a real job, not one watt of power produced at the Dept of Energy, not one plant grown at the Dept of Agurculture, no work ever produced at the Dept of Labor, and you know there's no justice at the Dept of Justice,
Tell me about it! Executive branch isn't even executing nobody no more.

Sad times. Andrew Jackson wouldn't have stood for this. Pistols at dawn could do with a comeback.
__________________
[SIGPIC][/SIGPIC]
Tchocky is offline   Reply With Quote
Old 04-18-12, 07:05 PM   #11
CaptainHaplo
Silent Hunter
 
CaptainHaplo's Avatar
 
Join Date: Apr 2007
Posts: 4,404
Downloads: 29
Uploads: 0
Default

The top 10% of earners pay over 70% of the total taxes collected....

Almost 50% of the population pays no taxes....

Where is the fairness again?

Oh - and the "buffet rule" would increase the federal tax income 47 Billion over 10 years (assuming it had no negative effect on the economy). Obama's budget calls for adding a minimum of 6.7 Trillion to the debt over that same time frame (though he has already added 5 Trillion in 3.5 years..) - so his tax hike for "fairness" is going to pay for all of 0.1% of his spending.

This is the most ludicrous thing I have seen - well - other than him presenting a budget and then telling his own party to vote against it!
__________________
Good Hunting!

Captain Haplo
CaptainHaplo is offline   Reply With Quote
Old 04-18-12, 07:09 PM   #12
yubba
Admiral
 
Join Date: Sep 2009
Location: in a neighborhood near you
Posts: 2,478
Downloads: 293
Uploads: 2
Default

And the grand jewel of the government is the Dept of Education where our kids come out, as dumb as a bag of hammers, where 2 and 2 is 22 ,,where american history is a myth, it's a wonder that they can tie their own shoes, a Dept that has hire lunch bag inspectors, and promotes no hugging, but promotes the gay lifestyle, so if 2 and 2 is 22, I guess we deserve being, 16 trillion dollars dept .
yubba is offline   Reply With Quote
Old 04-18-12, 07:53 PM   #13
mookiemookie
Navy Seal
 
mookiemookie's Avatar
 
Join Date: Nov 2005
Location: Houston, TX
Posts: 9,404
Downloads: 105
Uploads: 1
Default

Quote:
Originally Posted by CaptainHaplo View Post
The top 10% of earners pay over 70% of the total taxes collected....

Almost 50% of the population pays no taxes....

Where is the fairness again?
In 2007 the richest 1% of the American population owned 34.6% of the country's total wealth, and the next 19% owned 50.5%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

So yes, where is the fairness? Why did 93% of new wealth created in 2010 go to the top 1% of earners? You're damn right they need to pay the lions share of the taxes.
__________________
They don’t think it be like it is, but it do.

Want more U-boat Kaleun portraits for your SH3 Commander Profiles? Download the SH3 Commander Portrait Pack here.
mookiemookie is offline   Reply With Quote
Old 04-18-12, 08:11 PM   #14
August
Wayfaring Stranger
 
August's Avatar
 
Join Date: Apr 2005
Location: Massachusetts
Posts: 22,936
Downloads: 0
Uploads: 0


Default

Quote:
Originally Posted by mookiemookie View Post
In 2007 the richest 1% of the American population owned 34.6% of the country's total wealth, and the next 19% owned 50.5%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Maybe it's my conservative leanings but I don't see anything inherently unjust about the richest 20% owning 85% of the nations wealth. That is after all what defines them as rich.

Quote:
So yes, where is the fairness? Why did 93% of new wealth created in 2010 go to the top 1% of earners? You're damn right they need to pay the lions share of the taxes.
They already do pay the lions share of the taxes but apparently that's still not enough, I wonder what, if anything, would be enough.
__________________


Flanked by life and the funeral pyre. Putting on a show for you to see.
August is offline   Reply With Quote
Old 04-18-12, 08:19 PM   #15
mookiemookie
Navy Seal
 
mookiemookie's Avatar
 
Join Date: Nov 2005
Location: Houston, TX
Posts: 9,404
Downloads: 105
Uploads: 1
Default

Growing wealth inequality has historically led to the downfall of nations. Whatever happened to a rising tide lifting all boats?
__________________
They don’t think it be like it is, but it do.

Want more U-boat Kaleun portraits for your SH3 Commander Profiles? Download the SH3 Commander Portrait Pack here.
mookiemookie is offline   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 06:04 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 1995- 2024 Subsim®
"Subsim" is a registered trademark, all rights reserved.