Why is the left stuck on tax breaks for the rich...

[mookiemookie]

Originally Posted by GoldenRivet

Im confused by the Democrat mentality that they are entitled to other people's money. I'm astounded that it is a political platform.

Oh you mean kind of like bailing out Wall Street? You mean like that kind of entitled to other's money?

[GoldenRivet]

Originally Posted by mookiemookie

Oh you mean kind of like bailing out Wall Street? You mean like that kind of entitled to other's money?

which was a disgusting idea that i was opposed to from the start.

Both a R and D president alike put their signatures on that mookie and you know it.

EDIT:

our government has divided us - conquered us - and sold us up the river.

[mookiemookie]

Originally Posted by GoldenRivet

which was a disgusting idea that i was opposed to from the start.

Both a R and D president alike put their signatures on that mookie and you know it.

Yep. And you're right - it's disgusting no matter who does it. And they both did.

[gimpy117]

I agree with torvald, its the republicans who are stuck. But it figures, a bunch of very rich men would love to extend their own tax cuts.

I think the fact that democrats are trying to eliminate this tax for the rich is a nice tip of the hat for the middle class, who feels that even though their tax rates are technically lower, the amount taken out of their paycheck matters much more than the money taken out of a rich persons paycheck.

[GoldenRivet]

i honestly dont see a problem with giving tax cuts that are commensurate with bracket.

hypothetical example (these numbers are just plucked out of the air for sake of argument)

YOUR TAX BRACKET_________YOUR TAX CUT AMT

low income..........................15.0%
low-middle income.................12.5%
middle income.......................10.0%
high-middle income................7.5%
High Income.........................4.5%
"Wealthty"...........................2.0%
you could buy the pope..........0.25%

you could buy the guy
that could buy the pope..........0.10%



why is that such a big no-no?

[Sailor Steve]

Originally Posted by gimpy117

I agree with torvald...

That explains a lot.

[Rockin Robbins]

I have a great idea! Let's pay the banks off for all the bad loans they made so they no longer have any incentive to adjust the loan payers' interest or balance. We could pay them off so they could screw the public with impunity.......what's that?......we already did?

Never mind.

[August]

Graduated tax rates are a slap in the face of the American ideal of equal treatment under the law.

A simple flat tax rate with no deductions is the only truly fair way imo. But that would take a powerful weapon away from those who would try to divide us.

[Sailor Steve]

Originally Posted by August

Graduated tax rates are a slap in the face of the American ideal of equal treatment under the law.

A simple flat tax rate with no deductions is the only truly fair way imo. But that would take a powerful weapon away from those who would try to divide us.

Not to mention putting the IRS out of business, which would save a lot more money.