Tim Allen tweets question about taxation

[Againsheila]

Tim Allen recently tweeted a question. "How does taxing high income people help middle class people succeed?

What say you?

The money has to come from somewhere and it's the high income people who have it.

Only a person wholly ignorant of how wealth is created could write such drivel with a straight face.

The progressives have completely destroyed economic literacy in America. Frightening.

My macro economics class was exceeding in it's boringness only by my micro economics class. How many economics classes have you taken?

How many did you pass?

You think the high income people got there without the help of the rest of us? We have an income disparity not seen in a civilized society since before the French revolution. If you think it's a good thing for this to continue, you are passed any help at all.

 

[PaintMyHouse]

Your question is irrelevant., ...

To you it certainly is. To a Capitalist however, it matters a great deal.

 

[Pennywise]

Your question is irrelevant., ...

To you it certainly is. To a Capitalist however, it matters a great deal.

Irrelevant to the question of taxation, moron. Stick to the subject, if you are able without having to redirect to fit your lame arrogance.

 

[NoTeaPartyPleez]

Tim Allen recently tweeted a question. "How does taxing high income people help middle class people succeed?

What say you?

The money has to come from somewhere and it's the high income people who have it.

Only a person wholly ignorant of how wealth is created could write such drivel with a straight face.

The progressives have completely destroyed economic literacy in America. Frightening.

Hardly. Wealth in this country for the last 30 years has been created from the involuntary philanthropy of a once thriving middle class, not vice-versa.

 

[NoTeaPartyPleez]

Your question is irrelevant., ...

To you it certainly is. To a Capitalist however, it matters a great deal.

Irrelevant to the question of taxation, moron. Stick to the subject, if you are able without having to redirect to fit your lame arrogance.

Got love it. I'm sure you THINK your avatar is supposed to be ironic....

 

[PaintMyHouse]

Your question is irrelevant., ...

To you it certainly is. To a Capitalist however, it matters a great deal.

Irrelevant to the question of taxation, moron. Stick to the subject, if you are able without having to redirect to fit your lame arrogance.

If you don't understand Capitalism, you won't understand Taxation. Neither you appear to have even a basic grasp of.

 

[Indeependent]

Lowering taxes is easy...
Get all of the unemployed Republican white collar professionals to vote for Republicans.

 

[Clementine]

When government taxes one class more, they don't reduce the amount taken from others. They simply want more money. The more they get, the more they spend. Look how budgets work. The more each agency spends, the more they get. At the end of the year, fraud, waste and abuse run rampant because they must spend all they were allotted the year before to ensure receiving the same the next year. They don't actually need it, but they want it. Why they don't just prove what they actually need and go from there is a mystery. It wouldn't hurt a thing to get different amounts each year, depending on need. Common sense has nothing to do with government spending.

Politicians are already spending money they don't have. Every year, new taxes are imposed. Virtually everything is taxed now. And the ways money is spent gets more ridiculous each year. Despite dingbat Pelosi claiming no cuts can be made, the frivolous spending continues and they keep coming up with more ways to spend.

If a person was doing this and not living within their means, they'd go bankrupt unless they cut up their credit cards and stopped all unnecessary spending. Government just steals more. It's not their money and they act like spoiled rich kids who have no limits.

If they tax the wealthy people more, we will end up having people who are less wealthy. Eventually, you do run out of other peoples' money. That is a fact. It makes no sense that little tyrants come along every few years wanting to test that theory. Look at history. Learn from it.

Middle class is already shrinking and much of that has happened in the last 5 years. Obamacare alone might be the straw that breaks the camel's back. Even if the libs starting stealing the majority of what the wealthy earn, it won't make a measureable difference because they'll spend it on new stuff and not pay down the debt.

Going after the wealthy to make them pay their fair share is nothing more than a talking point designed to give hope to those at the bottom, who believe that the money taken from the wealthy will end up in their hands. Some will, as it is now, but not enough to alter their lives.

The real 1% is the federal reserve banks and top officials in Washington, who become mind blowingly wealthy during their "service to their country." Those people will never be touched by the IRS.

Wealth confiscation and redistribution doesn't help anyone in the long run. It only serves to bring down the wealthy, not elevate the poor. Sad part is that many who push policies to do that know better, but they are only looking toward the power and wealth they covet and are willing to sell out the people to get it.

 

[Againsheila]

When government taxes one class more, they don't reduce the amount taken from others. They simply want more money. The more they get, the more they spend. Look how budgets work. The more each agency spends, the more they get. At the end of the year, fraud, waste and abuse run rampant because they must spend all they were allotted the year before to ensure receiving the same the next year. They don't actually need it, but they want it. Why they don't just prove what they actually need and go from there is a mystery. It wouldn't hurt a thing to get different amounts each year, depending on need. Common sense has nothing to do with government spending.

Politicians are already spending money they don't have. Every year, new taxes are imposed. Virtually everything is taxed now. And the ways money is spent gets more ridiculous each year. Despite dingbat Pelosi claiming no cuts can be made, the frivolous spending continues and they keep coming up with more ways to spend.

If a person was doing this and not living within their means, they'd go bankrupt unless they cut up their credit cards and stopped all unnecessary spending. Government just steals more. It's not their money and they act like spoiled rich kids who have no limits.

If they tax the wealthy people more, we will end up having people who are less wealthy. Eventually, you do run out of other peoples' money. That is a fact. It makes no sense that little tyrants come along every few years wanting to test that theory. Look at history. Learn from it.

Middle class is already shrinking and much of that has happened in the last 5 years. Obamacare alone might be the straw that breaks the camel's back. Even if the libs starting stealing the majority of what the wealthy earn, it won't make a measureable difference because they'll spend it on new stuff and not pay down the debt.

Going after the wealthy to make them pay their fair share is nothing more than a talking point designed to give hope to those at the bottom, who believe that the money taken from the wealthy will end up in their hands. Some will, as it is now, but not enough to alter their lives.

The real 1% is the federal reserve banks and top officials in Washington, who become mind blowingly wealthy during their "service to their country." Those people will never be touched by the IRS.

Wealth confiscation and redistribution doesn't help anyone in the long run. It only serves to bring down the wealthy, not elevate the poor. Sad part is that many who push policies to do that know better, but they are only looking toward the power and wealth they covet and are willing to sell out the people to get it.

And yet we had a better economy when the mw had the highest spending power in history and the top tax rate was 70%.

 

[Sherry]

It's an insulting way to pacify the masses.

 

[Votto]

Because high income people have more wealth to be taxed. Fewer than 100 people have as much wealth as the poorest half of the world's population. You can tax the poor half of the world's population more, or you can tax those 85 people more because they can afford it.

How does lowering taxes for high income people help middle class people succeed?

What does incoming revenue have to do with anything?


It's not like they only spend what revenue comes in, they spend as much as they want and just print the rest.

 

[Votto]

It's an insulting way to pacify the masses.

It either works or it doesn't. Historically it works.

Hitler taxed the poo out of the top 4% in Germany, and it added to the popularity of Hitler.

Ironically, it did very little in terms of increasing substantial revenue for the economy.

 

[KNB]

Because high income people have more wealth to be taxed. Fewer than 100 people have as much wealth as the poorest half of the world's population. You can tax the poor half of the world's population more, or you can tax those 85 people more because they can afford it.

How does lowering taxes for high income people help middle class people succeed?

What does incoming revenue have to do with anything?

It's not like they only spend what revenue comes in, they spend as much as they want and just print the rest.

85 people have as much wealth as the poorest 3.5 billion people on Earth. Income revenue has everything to do with it.

The problem is that the richest 1% aren't spending enough. Conservatives keep saying that the international super-rich are in a "wait and see mode" in regards to what a black socialist President might do, so those record corporate profits are sitting overseas not being spent or taxed to pay for the public which is struggling because the international super-rich are not spending their record corporate profits on higher wages and better employee benefits. If corporations are making record profits while taxes are currently so unbearably high and still not spending their profits then what reason is there to believe that corporations would spend the increased profits when taxes are lowered?

 

[Votto]

Because high income people have more wealth to be taxed. Fewer than 100 people have as much wealth as the poorest half of the world's population. You can tax the poor half of the world's population more, or you can tax those 85 people more because they can afford it.

How does lowering taxes for high income people help middle class people succeed?

What does incoming revenue have to do with anything?

It's not like they only spend what revenue comes in, they spend as much as they want and just print the rest.

85 people have as much wealth as the poorest 3.5 billion people on Earth. Income revenue has everything to do with it.

The problem is that the richest 1% aren't spending enough. Conservatives keep saying that the international super-rich are in a "wait and see mode" in regards to what a black socialist President might do, so those record corporate profits are sitting overseas not being spent or taxed to pay for the public which is struggling because the international super-rich are not spending their record corporate profits on higher wages and better employee benefits. If corporations are making record profits while taxes are currently so unbearably high and still not spending their profits then what reason is there to believe that corporations would spend the increased profits when taxes are lowered?

I still don't get it. If the rich pay more then how will the poor benefit? Are you suggesting that the government will give them more? After all, entitlements will be spent no matter what revenue comes into the system.

 

[NYcarbineer]

It helps because if you don't collect that tax money from the wealthy, you have to collect it somewhere else,

and where else is there? There's the high income people, and the middle income and the low income.

Reduce the revenues you get from the high incomes, and you then have to get that revenue from either the middle income, or the low income, or both.

Taking more money from the latter is taking money that is more important to their personal financial situations.

 

[Votto]

It helps because if you don't collect that tax money from the wealthy, you have to collect it somewhere else,

and where else is there? There's the high income people, and the middle income and the low income.

Reduce the revenues you get from the high incomes, and you then have to get that revenue from either the middle income, or the low income, or both.

Taking more money from the latter is taking money that is more important to their personal financial situations.

Why do you assume this? Deficit spending goes up every year. Now they spend about $3 trillion in deficit spending.

 

[NYcarbineer]

It helps because if you don't collect that tax money from the wealthy, you have to collect it somewhere else,

and where else is there? There's the high income people, and the middle income and the low income.

Reduce the revenues you get from the high incomes, and you then have to get that revenue from either the middle income, or the low income, or both.

Taking more money from the latter is taking money that is more important to their personal financial situations.

Why do you assume this? Deficit spending goes up every year. Now they spend about $3 trillion in deficit spending.

So we should cut taxes for the rich and just add that to the deficit? What?

 

[Avatar4321]

It doesn't.

 

[Erand7899]

Tim Allen recently tweeted a question. "How does taxing high income people help middle class people succeed?

What say you?

It's very simple, their taxes help support what is needed to create and sustain a Middle Class. It is a Creation BTW. Capitalism supports no such thing. It's Anti-Capitalist.

What is needed to create and support a middle class, and how do these taxes help fund those needs? The simple fact is that members of the middle class pretty well create and sustain themselves.

Perhaps you desire to create and sustain some form of artificial middle class with government funded members?

A successful business puts one in the middle class. That is capitalism. A high paying job puts one in the middle class. That is capitalism.

 

[Erand7899]

It helps because if you don't collect that tax money from the wealthy, you have to collect it somewhere else,

and where else is there? There's the high income people, and the middle income and the low income.

Reduce the revenues you get from the high incomes, and you then have to get that revenue from either the middle income, or the low income, or both.

Taking more money from the latter is taking money that is more important to their personal financial situations.

Why do you assume this? Deficit spending goes up every year. Now they spend about $3 trillion in deficit spending.

So we should cut taxes for the rich and just add that to the deficit? What?

The rich don't have enough to fund the deficit. The only solution is to control government expenditures. Raising taxes on the rich will not reduce the deficit. It will only lead to more government spending. History has proven that time and time again.