Tax the rich? 14 Facts you may want to consider first. - Page 4

RickC Sniper · 08-17-11, 02:31 PM

In the OP #5 states that 45% of American households pay no income taxes.

I seriously doubt that 50% of "Working people" pay no taxes.

Scrap the entire tax code and tax everybody at a flat rate. 15% sounds good.

RickC Sniper · 08-17-11, 02:33 PM

Quote:

Originally Posted by Webster

50% of workers pay no INCOME tax at all

Source??

How do they avoid the withholding on their weekly check?

August · 08-17-11, 02:42 PM

Quote:

Originally Posted by RickC Sniper

Source??

How do they avoid the withholding on their weekly check?

Withholding doesn't mean they don't get it back at the end of the year.

AVGWarhawk · 08-17-11, 03:08 PM

Between all the bacon, foul language and learning the ignore button is anyone wondering why GE is so comfy with Obama? GE will gain a lions share of business when the government turns on Obama Care! GE will be awarded contract upon contract concerning GE medical equipment installed in hospitals around the country. GE is heavy into lobbying. AND...

Quote:

Clearly, the Comcast GE multimedia conglomerate will prove immensely profitable for the two companies now that the FCC/DOJ approval went through a few days ago.

Oddly enough, President Obama named now former GE Chairman and CEO Jeff Immelt to a new position inside the Administration. Immelt will be the Chairman on the Council on Jobs and Competitiveness. Wait! A General Electric CEO that had to be a part of the Comcast Cable merger with NBC/Universal is now named to a White House position! This is screwed up on so many levels! How can nobody see what is happening? GE was one of the President Obama's biggest campaign supporters and donors back in 2008 and now this happens! Don;t tell me the FCC and the DOJ were told to look the other way over this $30 billion deal.

http://gillreport.com/2011/01/what-i...ic-connection/

Welcome to I scratch your back you scratch mine. It's never about taxes on the rich. It's about what you can do for me!

mookiemookie · 08-17-11, 03:40 PM

Quote:

Originally Posted by AVGWarhawk

Between all the bacon, foul language and learning the ignore button is anyone wondering why GE is so comfy with Obama? GE will gain a lions share of business when the government turns on Obama Care! GE will be awarded contract upon contract concerning GE medical equipment installed in hospitals around the country. GE is heavy into lobbying. AND...

http://gillreport.com/2011/01/what-i...ic-connection/

Welcome to I scratch your back you scratch mine. It's never about taxes on the rich. It's about what you can do for me!

Another great one: just after the Comcast/NBC deal was approved, the commissioner of the FCC gets a juicy gig at Comcast.

Unbelievable. Welcome to the Corporatocracy: http://www.comcast.com/About/PressRe...ashx?PRID=1082

AVGWarhawk · 08-17-11, 03:44 PM

And back room dealings go deeper. It's all about power. Nothing to do with caring about anyone but themselves. Taxing the rich talk is nothing but a smoke screen....

Skybird · 08-17-11, 03:59 PM

One thing should be clear. When watching at how Finland, Sweden, Germany went through the crisis (better than most), although they have relatively high taxes, and how lower taxes in the US do not create jobs and left the US economy in worst shape than these European countries nevertheless, and when considering the high debts of the US, then there is hardly a reasonable claim to make why the US should not increase taxes/tax income. The US tried its old ways over the past years, and I cannot see that it worked. Plus there is a debt burden so high that it threatens to completely paralyse the state and taking it hostage, leaving it no freedom to move, act, form and decide anymore.

There is also no doubt that US big business is allowed more tax evasion opportunities than in other any Western country. And when considering how proverbial Greek tax evasion cleverness has become, this really means something! Some major corporations do not only pay no effective taxes, but even get revenues from the state in return. I linked to some according facts on that maybe two months ago, did I. So, beside tax raises the closing of tax loopholes also is a big big big big big issue. And no surprise - plenty of lobbying is being run to prevent right this. Those benefitting from the flawed tax system in the US are too powerful and too influential as that they just have to accept without resistence these benfits being taken away from them, and them being made ordinary subjects of the tax laws like everybody else.

Biden currently is in China, and the US finances will be the major issue, no doubt. I would not like to be in his place.

Gerald · 08-17-11, 04:03 PM

A tax increase is inevitable in the long term.

Jimbuna · 08-17-11, 04:07 PM

Quote:

Originally Posted by AVGWarhawk

And back room dealings go deeper. It's all about power. Nothing to do with caring about anyone but themselves. Taxing the rich talk is nothing but a smoke screen....

Sounds like this isn't endemic to the US only Chris......I know there is a similar feeling amongst the working classes her in the UK and during these times of austerity, those feelings appear to be growing momentum.

Growler · 08-18-11, 07:08 AM

The rotten thing about the whole scene is that, if we remove the professional politicians from the scene and reduce the size of the government, thereby reducing the expense of the government, we reduce the tax burden on the entire country.

The only reason this is even a discussion is because We the People have abdicated our own responsibilities to ourselves and each other by electing professional politicians to "take care of us." I don't know about you guys, but I can take care of myself, thanks.

On a fairly mainstream morning radio show this morning, I heard one of the crew comment that, "People are fed up" with the government. If it's mainstream enough that it goes out over the airwaves to the public, and many of us here are talking about just that... why are we still having this discussion? Are there really no better options?

A few days ago, on a different station (NPR), I heard Dr. Bill Frist (former Tenessee Senator) comment in regard to food aid to Somalia being stolen by the government (what of it there is) there: "The whole idea that governments are not going to be corrupt is naive." (6:11 in the audio HERE).

Maybe we should look to our own, first, before we start working over others?

I still think a uniform flat-tax of 17.5% - 20% across the board (half to Fed, half to State), regardless of income or income source, is the best solution. Sure, it sucks, especially for anyone who's not had to pay taxes for whatever reason, but I think it's a good way to get EVERYONE in the country aligned with making the country better, rather than advancing the agenda of one party this term, the other the next cancelling this one and advancing their own, and on and on, ad infinitum.

About the only concessions I'd even entertain discussion on would be to servicemembers and non-union police/firefighters.

08-17-11, 02:31 PM	#46
RickC Sniper Undetectable Join Date: Sep 1999 Location: Colorado Posts: 1,221 Downloads: 132 Uploads: 0	In the OP #5 states that 45% of American households pay no income taxes. I seriously doubt that 50% of "Working people" pay no taxes. Scrap the entire tax code and tax everybody at a flat rate. 15% sounds good. __________________ Support Subsim http://www.subsim.com/store.html

08-17-11, 03:44 PM	#51
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,253 Downloads: 90 Uploads: 0	And back room dealings go deeper. It's all about power. Nothing to do with caring about anyone but themselves. Taxing the rich talk is nothing but a smoke screen.... __________________ “You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road

08-17-11, 03:59 PM	#52
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,602 Downloads: 10 Uploads: 0	One thing should be clear. When watching at how Finland, Sweden, Germany went through the crisis (better than most), although they have relatively high taxes, and how lower taxes in the US do not create jobs and left the US economy in worst shape than these European countries nevertheless, and when considering the high debts of the US, then there is hardly a reasonable claim to make why the US should not increase taxes/tax income. The US tried its old ways over the past years, and I cannot see that it worked. Plus there is a debt burden so high that it threatens to completely paralyse the state and taking it hostage, leaving it no freedom to move, act, form and decide anymore. There is also no doubt that US big business is allowed more tax evasion opportunities than in other any Western country. And when considering how proverbial Greek tax evasion cleverness has become, this really means something! Some major corporations do not only pay no effective taxes, but even get revenues from the state in return. I linked to some according facts on that maybe two months ago, did I. So, beside tax raises the closing of tax loopholes also is a big big big big big issue. And no surprise - plenty of lobbying is being run to prevent right this. Those benefitting from the flawed tax system in the US are too powerful and too influential as that they just have to accept without resistence these benfits being taken away from them, and them being made ordinary subjects of the tax laws like everybody else. Biden currently is in China, and the US finances will be the major issue, no doubt. I would not like to be in his place. __________________ If you feel nuts, consult an expert. Last edited by Skybird; 08-17-11 at 04:19 PM.

08-17-11, 04:03 PM	#53
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	A tax increase is inevitable in the long term. __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

08-18-11, 07:08 AM	#55
Growler A long way from the sea Join Date: May 2005 Location: Iowa Posts: 1,913 Downloads: 21 Uploads: 0	The rotten thing about the whole scene is that, if we remove the professional politicians from the scene and reduce the size of the government, thereby reducing the expense of the government, we reduce the tax burden on the entire country. The only reason this is even a discussion is because We the People have abdicated our own responsibilities to ourselves and each other by electing professional politicians to "take care of us." I don't know about you guys, but I can take care of myself, thanks. On a fairly mainstream morning radio show this morning, I heard one of the crew comment that, "People are fed up" with the government. If it's mainstream enough that it goes out over the airwaves to the public, and many of us here are talking about just that... why are we still having this discussion? Are there really no better options? A few days ago, on a different station (NPR), I heard Dr. Bill Frist (former Tenessee Senator) comment in regard to food aid to Somalia being stolen by the government (what of it there is) there: "The whole idea that governments are not going to be corrupt is naive." (6:11 in the audio HERE). Maybe we should look to our own, first, before we start working over others? I still think a uniform flat-tax of 17.5% - 20% across the board (half to Fed, half to State), regardless of income or income source, is the best solution. Sure, it sucks, especially for anyone who's not had to pay taxes for whatever reason, but I think it's a good way to get EVERYONE in the country aligned with making the country better, rather than advancing the agenda of one party this term, the other the next cancelling this one and advancing their own, and on and on, ad infinitum. About the only concessions I'd even entertain discussion on would be to servicemembers and non-union police/firefighters. __________________ At Fiddler’s Green, where seamen true When here they’ve done their duty The bowl of grog shall still renew And pledge to love and beauty.