Should The Rich Be Required To Pay Higher Taxes In the US?

I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.

Reagan began slashing tax rates then came George W. Bush. Neither of them cut their spending a goodam dime and borrowed from foreign banks to cover the shortfall. Tax cuts for the wealthiest people in America. It's what the Republican party stands for these days, and not much more. What they did was to funnel trillions of borrowed dollars to those in our country who were already well off. It's not a military secret...it's as plain as the nose on our faces:
inequality-p25_averagehouseholdincom.png

................................Total U S Debt............................

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)((Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

3.jpg
 
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That's a lie. He pays more and a larger percentage.

I think he would know...

Buffett says he's still paying lower tax rate than his secretary

Warren Buffett says even though he and other top earners are paying higher taxes this year, he thinks he's still paying a lower rate than his secretary.
In 2013, capital gains for those earning more than $400,000 ($450,000 for couples) will be taxed at 20%, up from 15%. And high-income households also will pay an additional 3.8% in Medicare taxes on their investment income for the first time. The top marginal tax rate also rose for the wealthiest wage earners, but since Buffett's income is from investment gains, not wages, that's not a factor.
Only morons and liars conflate capital gain taxes with personal income taxes. Are you a moron or a liar.

So which one are you moron or liar?

These are the facts and BTW it is the law...

Do you want to live in a country that double, triple, quadruple taxes you?

You need to figure out what our founders intentions where before you stick your foot in your mouth with me...
First off. I don't want any income taxes, as they are a form of indentured servitude and I'm against corporate taxes because they are double taxation. Second, no, capital gains taxes are not the same as personal income taxes on wages, so it's not the law, and again you're either a moron or a liar which is it? As for the founders intentions... I'm pretty sure they are dead and thus did not have any intentions with regard to your apparent opinion that because capital gains taxes are slightly lower than income taxes the rich are skating by.

So you want to invest your hard earned dollars that have already been taxed and have them taxed on a personal income tax level?

Not me, you keep funding the govt waste, I'm not interested...


My gardener asked the same thing, why do I need to 1099 when I've already paid taxes on the money?
 
not sure where your going with this...the least wealthy often dont make enough to pay INCOME taxes...but taxing them more would be foolish since you cant squeeze blood from a turnip as they say.

Well the truth is were I am going and if you really want to know I am certain you can find it...

I have seen too many times when couples get refunds in excess of $10K and make less than $60K a year, a fact that goes under the radar...

The last time this happened the husband was here on a sponsorship visa and lied about his mileage, their refund was in excess of $12K before their tax preparers fee came out of it...

And if you think they are in the minority you're fooling no one but yourself...


There are a lot of facts out there that no one talks about...

THe IRS needs more enforcement personnel if that kind of thing isnt getting caught, but folks generally on the Republican side of the aisle usually vote to gut IRS funding...which makes cheating easier.

Do you honestly believe they don't know?

They issue Tax ID numbers to million's of illegal immigrant's and then tell you we don't really have a immigration problem?

The Republicans are racist, that's the real problem...

True, the GOP are mainly racists

But they give Tax ID numbers to GET MORE REVENUES from workers the "job creators" CHOOSE to higher, most, IMHO, knowingly BECAUSE they want to drive wages down!

Yeah the Democrats had nothing to do with this...

Weird, you have ANYTHING on your posit? Nope like ALWAYS, lol
 
I'm not against demand side tax cuts!!! That's what I've been saying all along. Supply tax cuts also help...however I believe that they should be equal, not negligible. You want to cry about companies moving overseas, but push policies that drive them overseas more. And with the help of LBJs great society, how many more blacks are now dependent on the government?

And the biggest difference between private h/c and socialized h/c is that when there is wrong doing on the private side...those people go to prison and loose business ... When there's wrong doing with the VA, it's a slap on the wrist and more funding.


Yeah, false equivalencies, how wonderful *shaking head*



SUPPLY SIDE HELPS? WHEN DOES IT KICK IN BUBS?

Drive them overseas? Oh right the lowest EFFECTIVE tax rates on corps for 40 years? Horrible. Couldn't be CONservative "free trade" AS we gutted taxes on those job creators right?

Yep, the rights war on the war on poverty has worked better than the lefts war on poverty Bubs

142919_600.jpg
False equivalencies? so it's solely because of free trade that allows companies to move overseas?

And again what is your solution? To force companies to stay in the states?

Why is it so black and white with your "solely" free trade crap?

Of course not.


BUT IT IS GOV'T POLICY THAT ALLOWS OFFSHORING OF US JOBS (as the money IS in the US) via POLICIES ,that are mainly CONservative/GOP

Force Companies? You mean REQUIRE THEM TO BUILD HERE IF THE WANT O HAVE ACCESS TO THE #1 GDP IN THE WORLD? How horrible to have that type of policy, AGAIN!

HINT, CONservative policy ONLY works for the "job creators", be it safety laws, environment, labor, tax, or other PUBLIC POLICY! YES, GOV'T POLICY INFLUENCES WHERE THE JOBS ARE, ONLY A DISHONEST POS OR CON DISAGREES!
I'm black and white? You completley ignore all the expensive factors that go into running a company in America to fit your argument, and then talk about the effective corporate tax rate and how it's not working. What about the cost of healthcare (huge, huge expense), land taxes, lawyers to make sure business follows every minutiae of regulation and reduction of liability, the cost to implement business according to regulation (not every regulation is bad...but a majority are ridiculous), all the licensing, and etc. So remind me why America is such a business friendly environment?

And your solution to get companies to stay here sounds very nationalistic, and socialist at the same time. I wonder if there is a party that combines the 2? And would it not greatly increase the cost of products and service on the demand side?? And what happens when all the QE money (2% a year I believe), that's basically just been going to overseas companies and investments, comes rushing back into the country? Would that not cause a lot of inflation??? But I guess the solution is to raise corporate taxes and taxes on the "rich", and essentially force companies to operate here.

I hear you talk about demand side tax cuts...but I doubt that you are actually for that, bc why not support the flat tax (not getting taxed on the first 50,000) at least on the personal side? After all the only area that you can admit there is govt waste of tax money is defense...but apparently no where else... Pretty much everything else the govt spends on is ok, and doesn't need any reform. That's funny, how much did govt spend on ACA website alone, and how much cheaper would the private sector make a similar website for themselves??

He ignores a lot of things...


Like posits by right wingers unsupported by FACTS or history, about 95% of what you present in other words!
 
Do you even read the shit you post?

From your link...


Top 50 Percent of All Taxpayers Paid 97.2 Percent of All Federal Income Taxes; Top 1 Percent Paid 38.1 Percent; and Bottom 90 Percent Paid 29.7 Percent of All Federal Income Taxes

Oh right sorry, I forgot in right wing world, 25% of ALL Gov't taxation and 46% of federal revenues. INCOME taxes is ALL that matters


Top 50% of taxpayers TOOK almost 89% of ALL income dummy!


TOP 10% MADE NEARLY 60% OF INCOME, HOW MUCH SHOULD THE BOTTOM 90% PAY?? LOL

You clearly want to live in a Socialist Society, you're in the wrong country, you're too stupid to understand the benefits in front of you...

Get up off your LAZY F'ING ASS and EARN IT!!!

And don't come back here with your bullshit f'ing excuses...

Got it in right wing world, Gov't policy doesn't matter, EXCEPT if "job creators" need a tax break to "create jobs" lol

Fukkn moron

so right,.......so much corruption goes on under the "create jobs" excuse that it should trip red flags whenever the phrase is heard.

Yeah, like all those green-energy money the left throws around. Total corruption. I'm against all of it.



LEFT???


Program dates back to 2005

The Energy Department's loan guarantee program was created as part of the Energy Policy Act of 2005, passed by a Republican-controlled Congress and signed by Bush.

In his signing speech, Bush lauded the bill's support for clean technology, though he didn't specifically mention the loan guarantees.

The loan guarantees were designed to "support innovative clean energy technologies that are typically unable to obtain conventional private financing due to high technology risks."

Republicans, including Bush, emphasized the program's benefits for nuclear energy and biofuels. The president touted the new energy law in his 2007 State of the Union address. His energy secretary, Samuel Bodman, regularly mentioned the loan guarantees in speeches on renewable energy. The Energy Department issued its final rules for the program in 2007, along with a list of 16 companies that made the cut for to apply for its first round of awards, and Solyndra was among them.

Did the program that funded the Solyndra loan start under George W. Bush? David Plouffe says so



Solyndra=1% of DOE energy money (AND PROFITABLE,, THOUGH THE GOP CONGRESS SET ASIDE $10 BILLION FOR LOSSES!)


Reuters: Venture Capitalists Point To Solyndra As One Of The Top 10 Companies "Ripest" To Go Public. Reuters reported in August 2009:

Investors eye top startups as IPO market awakens - Aug. 19, 2009


Market Conditions Shifted Significantly from 2009 to 2011


"advantages that were more important in 2009 when it received a $535 million U.S. loan guarantee to build a factory" than they are now, noting that the price of the silicon-based panels with which Solyndra was competing "has fallen 46 percent since then."

Obama’s Solar Bets May Avoid Solyndra’s Fate With Low Costs

Bush Admin. Advanced16 Projects, Including Solyndra, Out Of 143 Submissions
Hearings and Votes | Energy & Commerce Committee
 
Its really civil servants who create growth and revenue ! Lmfao

Free markets are in effect of most of Asia and Africa, how's it working? Oops

Exactly the way the "have's" wanted it to. The poor assed "have not's" are expected to suck wind and keep their mouths closed. What they want is a Lord/Serf Society and unless we bring back some organized labor and strong global unions they will get it. Unions are the only reason we ever had a middle class in this country and one of Reagan's initiatives was to destroy them. I think that's a bit ironic since he was the president of the Screen Actor's Guild for a long time. 'Course he was a Democrat for a long time too. It's called "Follah' De Dollah!"
 
Why shouldn't the wealthiest be Taxed according to Capital under any form of Capitalism; equality is a social concept and requires socialism.
 
You can always tell a partisan hack is posting when they arrogantly believe they know the internal motivations of "the have's", as if that's a group.

You don't know jack dude. You barely even understand the information you just posted.
 
I think the Rich should not pay any taxes!!

Remember, the rich are the job creators--not the ambitious man starting up a company on a shoe string or the woman who wants to expand some little kitchen, they are bums!! It is the RICH who make sound investments in established corporations.

If you tax the rich, you take away money that the rich has to make those investments. 1 million dollars could easily equal one million jobs. But our nation need every job it can create.

So using my tax dollars to job creation formula for the rich, we should not tax them even 1 dollar. not even part of that dollar since the rest of it would create an insignficant part time job. That is right, let the rich keep their money. Even if they save large amounts of cash in a safe, It creates more jobs than the broke bums begging for cash for their startups ever will!!

:alcoholic:
 
Well that's what you're doing if you didn't know it...

Cap Gains taxes are lower for this reason, Buffett's income is from his Cap Gains that's why his percentage is lower than his secretary's...
WHAT THE FUCK DRUGS ARE YOU ON? I'm not double taxing anyone. WTF makes you think I'm the US Government?
No, DUMB ASS, you are comparing APPLES TO ORANGES. CAPITAL GAINS ARE NOT WAGE INCOME, YA MORON.

Sorry, I thought your IQ was over 70...
You're a fool. If your IQ is even half mine I'd be surprised. There are many types of taxes federal, state, and regional. Each tax may or may not be at the same rate. One would have to be a COMPLETE FUCKING MORON to buy into the meme that people with capital gains income are getting a windfall because that type of income is taxed at a different rate than labor income. A complete effing moron.

You haven't a clue...
You're a moron.

You really have no clue...
 
I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.

Reagan began slashing tax rates then came George W. Bush. Neither of them cut their spending a goodam dime and borrowed from foreign banks to cover the shortfall. Tax cuts for the wealthiest people in America. It's what the Republican party stands for these days, and not much more. What they did was to funnel trillions of borrowed dollars to those in our country who were already well off. It's not a military secret...it's as plain as the nose on our faces:
inequality-p25_averagehouseholdincom.png

................................Total U S Debt............................

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)((Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

3.jpg

Let's just make them pay 90%...
 
I think he would know...

Buffett says he's still paying lower tax rate than his secretary

Warren Buffett says even though he and other top earners are paying higher taxes this year, he thinks he's still paying a lower rate than his secretary.
In 2013, capital gains for those earning more than $400,000 ($450,000 for couples) will be taxed at 20%, up from 15%. And high-income households also will pay an additional 3.8% in Medicare taxes on their investment income for the first time. The top marginal tax rate also rose for the wealthiest wage earners, but since Buffett's income is from investment gains, not wages, that's not a factor.
Only morons and liars conflate capital gain taxes with personal income taxes. Are you a moron or a liar.

So which one are you moron or liar?

These are the facts and BTW it is the law...

Do you want to live in a country that double, triple, quadruple taxes you?

You need to figure out what our founders intentions where before you stick your foot in your mouth with me...
First off. I don't want any income taxes, as they are a form of indentured servitude and I'm against corporate taxes because they are double taxation. Second, no, capital gains taxes are not the same as personal income taxes on wages, so it's not the law, and again you're either a moron or a liar which is it? As for the founders intentions... I'm pretty sure they are dead and thus did not have any intentions with regard to your apparent opinion that because capital gains taxes are slightly lower than income taxes the rich are skating by.

So you want to invest your hard earned dollars that have already been taxed and have them taxed on a personal income tax level?

Not me, you keep funding the govt waste, I'm not interested...


My gardener asked the same thing, why do I need to 1099 when I've already paid taxes on the money?

So you give your kid a 1099 for mowing the lawn?
 
Yeah, false equivalencies, how wonderful *shaking head*



SUPPLY SIDE HELPS? WHEN DOES IT KICK IN BUBS?

Drive them overseas? Oh right the lowest EFFECTIVE tax rates on corps for 40 years? Horrible. Couldn't be CONservative "free trade" AS we gutted taxes on those job creators right?

Yep, the rights war on the war on poverty has worked better than the lefts war on poverty Bubs

142919_600.jpg
False equivalencies? so it's solely because of free trade that allows companies to move overseas?

And again what is your solution? To force companies to stay in the states?

Why is it so black and white with your "solely" free trade crap?

Of course not.


BUT IT IS GOV'T POLICY THAT ALLOWS OFFSHORING OF US JOBS (as the money IS in the US) via POLICIES ,that are mainly CONservative/GOP

Force Companies? You mean REQUIRE THEM TO BUILD HERE IF THE WANT O HAVE ACCESS TO THE #1 GDP IN THE WORLD? How horrible to have that type of policy, AGAIN!

HINT, CONservative policy ONLY works for the "job creators", be it safety laws, environment, labor, tax, or other PUBLIC POLICY! YES, GOV'T POLICY INFLUENCES WHERE THE JOBS ARE, ONLY A DISHONEST POS OR CON DISAGREES!
I'm black and white? You completley ignore all the expensive factors that go into running a company in America to fit your argument, and then talk about the effective corporate tax rate and how it's not working. What about the cost of healthcare (huge, huge expense), land taxes, lawyers to make sure business follows every minutiae of regulation and reduction of liability, the cost to implement business according to regulation (not every regulation is bad...but a majority are ridiculous), all the licensing, and etc. So remind me why America is such a business friendly environment?

And your solution to get companies to stay here sounds very nationalistic, and socialist at the same time. I wonder if there is a party that combines the 2? And would it not greatly increase the cost of products and service on the demand side?? And what happens when all the QE money (2% a year I believe), that's basically just been going to overseas companies and investments, comes rushing back into the country? Would that not cause a lot of inflation??? But I guess the solution is to raise corporate taxes and taxes on the "rich", and essentially force companies to operate here.

I hear you talk about demand side tax cuts...but I doubt that you are actually for that, bc why not support the flat tax (not getting taxed on the first 50,000) at least on the personal side? After all the only area that you can admit there is govt waste of tax money is defense...but apparently no where else... Pretty much everything else the govt spends on is ok, and doesn't need any reform. That's funny, how much did govt spend on ACA website alone, and how much cheaper would the private sector make a similar website for themselves??

He ignores a lot of things...


Like posits by right wingers unsupported by FACTS or history, about 95% of what you present in other words!

:lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2:
 
I think the Rich should not pay any taxes!!

Remember, the rich are the job creators--not the ambitious man starting up a company on a shoe string or the woman who wants to expand some little kitchen, they are bums!! It is the RICH who make sound investments in established corporations.

If you tax the rich, you take away money that the rich has to make those investments. 1 million dollars could easily equal one million jobs. But our nation need every job it can create.

So using my tax dollars to job creation formula for the rich, we should not tax them even 1 dollar. not even part of that dollar since the rest of it would create an insignficant part time job. That is right, let the rich keep their money. Even if they save large amounts of cash in a safe, It creates more jobs than the broke bums begging for cash for their startups ever will!!

:alcoholic:


YOU CAN'T BE SERIOUS RIGHT? Today the "rich" job creators pay about 20% fed tax, where are the jobs?

Dubya cut the "job creators" tax burden to the lowest sustained since 1932, yet not ONE JOB was fukkn created. NOT ONE!

WE HAVE A DEMAND SIDE ECONOMY IN THE US, BUT SUPPLY SIDE TAX POLICY. STUPID!
 
Last edited:
False equivalencies? so it's solely because of free trade that allows companies to move overseas?

And again what is your solution? To force companies to stay in the states?

Why is it so black and white with your "solely" free trade crap?

Of course not.


BUT IT IS GOV'T POLICY THAT ALLOWS OFFSHORING OF US JOBS (as the money IS in the US) via POLICIES ,that are mainly CONservative/GOP

Force Companies? You mean REQUIRE THEM TO BUILD HERE IF THE WANT O HAVE ACCESS TO THE #1 GDP IN THE WORLD? How horrible to have that type of policy, AGAIN!

HINT, CONservative policy ONLY works for the "job creators", be it safety laws, environment, labor, tax, or other PUBLIC POLICY! YES, GOV'T POLICY INFLUENCES WHERE THE JOBS ARE, ONLY A DISHONEST POS OR CON DISAGREES!
I'm black and white? You completley ignore all the expensive factors that go into running a company in America to fit your argument, and then talk about the effective corporate tax rate and how it's not working. What about the cost of healthcare (huge, huge expense), land taxes, lawyers to make sure business follows every minutiae of regulation and reduction of liability, the cost to implement business according to regulation (not every regulation is bad...but a majority are ridiculous), all the licensing, and etc. So remind me why America is such a business friendly environment?

And your solution to get companies to stay here sounds very nationalistic, and socialist at the same time. I wonder if there is a party that combines the 2? And would it not greatly increase the cost of products and service on the demand side?? And what happens when all the QE money (2% a year I believe), that's basically just been going to overseas companies and investments, comes rushing back into the country? Would that not cause a lot of inflation??? But I guess the solution is to raise corporate taxes and taxes on the "rich", and essentially force companies to operate here.

I hear you talk about demand side tax cuts...but I doubt that you are actually for that, bc why not support the flat tax (not getting taxed on the first 50,000) at least on the personal side? After all the only area that you can admit there is govt waste of tax money is defense...but apparently no where else... Pretty much everything else the govt spends on is ok, and doesn't need any reform. That's funny, how much did govt spend on ACA website alone, and how much cheaper would the private sector make a similar website for themselves??

He ignores a lot of things...


Like posits by right wingers unsupported by FACTS or history, about 95% of what you present in other words!

:lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2::lame2:


Beside BS AND RIGHT WING MEMES , HOW ABOUT BACKING ANYTHING UP Bubba? lol
 
You can always tell a partisan hack is posting when they arrogantly believe they know the internal motivations of "the have's", as if that's a group.

You don't know jack dude. You barely even understand the information you just posted.

Says the Klown arguiing "free markets", lol
 
I think the rich should ABSOLUTELY pay more because the majority of them are selfish and don't care about anybody but themselves! Trust me, if you are a millionaire, it is NOT going to hurt you if you just pay a little more in taxes. I believe that if you are a good and righteous person, you would want to help the poor or people that are less fortunate. It's as simple as that! People need to stop being so selfish.

Reagan began slashing tax rates then came George W. Bush. Neither of them cut their spending a goodam dime and borrowed from foreign banks to cover the shortfall. Tax cuts for the wealthiest people in America. It's what the Republican party stands for these days, and not much more. What they did was to funnel trillions of borrowed dollars to those in our country who were already well off. It's not a military secret...it's as plain as the nose on our faces:
inequality-p25_averagehouseholdincom.png

................................Total U S Debt............................

09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accommodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)

09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)

09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38 ( Debt Quadrupled By Reagan/Bush41)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)((Reagan Slashed Tax Rates To Pre Depression Levels)

09/30/1981 $997,855,000,000.00

3.jpg

Let's just make them pay 90%...

MARGINAL ? SURE BUBS


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I think the Rich should not pay any taxes!!

Remember, the rich are the job creators--not the ambitious man starting up a company on a shoe string or the woman who wants to expand some little kitchen, they are bums!! It is the RICH who make sound investments in established corporations.

If you tax the rich, you take away money that the rich has to make those investments. 1 million dollars could easily equal one million jobs. But our nation need every job it can create.

So using my tax dollars to job creation formula for the rich, we should not tax them even 1 dollar. not even part of that dollar since the rest of it would create an insignficant part time job. That is right, let the rich keep their money. Even if they save large amounts of cash in a safe, It creates more jobs than the broke bums begging for cash for their startups ever will!!

:alcoholic:

Horse Shit!!

Anybody who was around when Reagan slashed tax rates for the wealthy knows what happened. He didn't cut spending a dime and Trickle Down never worked. Right now Obama's administration has had 66 consecutive months of increases in employment. The best example though is Bill Clinton's administration. He raised taxes in 1993 while he still had a Democratic congress, had a thriving economy and left a balanced budget with surpluses projected all the way to a paid off national debt. W. Bush cut tax rates for the wealthy twice, 2001 and 2003, increased spending, started two wars...one unnecessary and doubled the national debt from $5.7 trillion to $12 trillion. Bush was the sorriest president this country ever had and it's a mystery how the numb nuts managed to get re-elected:

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At the end of his presidency and still they blame Bush. What a pathetic bunch of idiots

Sent from my SM-G386T1 using Tapatalk
 

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