Tax on rich people

Reba said:
Did you see on tonight's news about the plan to change military retirement? They want to make it more like SS, that military people can't collect until retirement age, like 65.

I guess they forgot that military people vote, too.

Oh, well.
Click to expand...

good riddance! who came up with that? Democrats?
 
if it was up to me, make it simple. Pick a amount, 15% or 20% or etc Make everybody pay that amount with no loop holes on all and I mean all income!

make profit on selling house. 15%
make income no matter how much you make a year 15%
make profit on investment or selling whatever you have 15%
etc etc..

just pick one and make it across the board, even company profits.
 
Jiro said:
good riddance! who came up with that? Democrats?
Click to expand...

Well, I do know that GOP want to cut medicare in half and save billions. If so, where would all the money go to? I feel so much hate from GOP.
 
DeafTim said:
Well, I do know that GOP want to cut medicare in half and save billions. If so, where would all the money go to? I feel so much hate from GOP.
Click to expand...

for starter.... education. and I hope GI benefits. I'm still appalled at the way we're treating our veterans now... it's shameless... how did we ever come to this point???
 
Are you aware that people used to pay more in taxes prior to the 90s than you do now?
 
Banjo said:
Are you aware that people used to pay more in taxes prior to the 90s than you do now?
Click to expand...

at least at that time - the system worked and they didn't have 23423442 taxes to pay like now
 
Jiro said:
at least at that time - the system worked and they didn't have 23423442 taxes to pay like now
Click to expand...

Still, the rich paid much more than they used to and now the middle class is paying more than ever.
 
Banjo said:
Still, the rich paid much more than they used to and now the middle class is paying more than ever.
Click to expand...

they were getting their money's worth and we're not :(
 
Have you done research what happened to 10% national sales tax that rich people have to pay for any luxury things? That happened back in early 90's. Result of enact of national sales tax, a lot people lost their jobs, and that National sales tax was repealed in just 6 months.

Just remember, there are always people working for rich people and if rich people were forced to pay more taxes, what they usually do? Sure they will pay extra taxes BUT this will come along pink slip. It is like, Fat rich guy said to his employees, "Sorry since I have to pay these taxes, and Im going use your paycheck to cover it, so here is the pink slip".

What I really see is serious problem here. The Government is so dysfunctional. The solution is get their ass together and figure out what is bleeding and what is not bleeding and fix the bleeding. One example are too much red tapes, and that is costing government money which I considered excessive waste.
8 years ago, we have cut welfare just because society thinks it is wasting their money and lead to more debts. The law actually passed, but did it help? Look back 8 years, I don't think so.
 
diehardbiker said:
Have you done research what happened to 10% national sales tax that rich people have to pay for any luxury things? That happened back in early 90's. Result of enact of national sales tax, a lot people lost their jobs, and that National sales tax was repealed in just 6 months.

Just remember, there are always people working for rich people and if rich people were forced to pay more taxes, what they usually do? Sure they will pay extra taxes BUT this will come along pink slip. It is like, Fat rich guy said to his employees, "Sorry since I have to pay these taxes, and Im going use your paycheck to cover it, so here is the pink slip".

What I really see is serious problem here. The Government is so dysfunctional. The solution is get their ass together and figure out what is bleeding and what is not bleeding and fix the bleeding. One example are too much red tapes, and that is costing government money which I considered excessive waste.
8 years ago, we have cut welfare just because society thinks it is wasting their money and lead to more debts. The law actually passed, but did it help? Look back 8 years, I don't think so.
Click to expand...

This is such a load of garbage. You've bought the "trickle down" scam hook line and sinker.

First off, comparing sales taxes to income taxes is a very different animal. Do you understand how economics and job production works? DEMAND creates jobs, not lower taxes. This phony baloney myth that if the rich have more money, they will create more jobs needs to be ended. The fact of the matter is, if there is demand for a service or product, whoever owns the means of production will meet that demand in order to make more profits. In order for there to be demand, people need to be spending money. Guess who spends the most amount of money on commodities in this country? Hint: it ain't the rich.

The wealth of rich people lies in imaterial assets like stocks, investments, and real estate equity. That sort of wealth does jack shit for creating jobs in a commodity-based marketplace.

Quit spreading this trickle down bullshit.
 
Whatever you think, rich will always win.

TheWriteAlex said:
This is such a load of garbage. You've bought the "trickle down" scam hook line and sinker.

First off, comparing sales taxes to income taxes is a very different animal. Do you understand how economics and job production works? DEMAND creates jobs, not lower taxes. This phony baloney myth that if the rich have more money, they will create more jobs needs to be ended. The fact of the matter is, if there is demand for a service or product, whoever owns the means of production will meet that demand in order to make more profits. In order for there to be demand, people need to be spending money. Guess who spends the most amount of money on commodities in this country? Hint: it ain't the rich.

The wealth of rich people lies in imaterial assets like stocks, investments, and real estate equity. That sort of wealth does jack shit for creating jobs in a commodity-based marketplace.

Quit spreading this trickle down bullshit.
Click to expand...
 
Tell me about Europe Crisis? They have fucking high taxes, and they DO have high taxes for rich people, guess what happened to unemployment rate? Their unemployment rate is so high and if we do tax higher on rich people we will see unemployment rate shot up.
Now they can't figure out the solution due to very high taxes and they don't have room to increase tax anyway. And they are dealing with huge debts, call that bullshit? I feel sorry for you.
Plus do you think nobody is working for rich people?
Why companies lay off employees from time to time? Why can't they cut down other things? Show me that companies usually cut other things and lay off employees last?
Anytime when cost rises (That includes taxes), those people that has money to run business will have to cut somewhere else and that usually their own employees.

The real problem isn't taxes itself, it is HOW government runs their businesses. Uncle Sam is seriously dysfunctional. They (congress, courts, and presidents) usually do favor for special interest group not us. They don't care "The people" All they care is those who do "Corporate business" in order to get election funds for themselves to keep their jobs. This should never happen, but it does. I believe there should be term limitation in congress and judicial like president has. Sad that congress is the one that impose term limitation for president but not for themselves. Once term limitation is placed on congress, they will more likely to think for Americans not themselves.

Euro debt crisis: 'No solution in sight' - Aug. 19, 2011

TheWriteAlex said:
This is such a load of garbage. You've bought the "trickle down" scam hook line and sinker.

First off, comparing sales taxes to income taxes is a very different animal. Do you understand how economics and job production works? DEMAND creates jobs, not lower taxes. This phony baloney myth that if the rich have more money, they will create more jobs needs to be ended. The fact of the matter is, if there is demand for a service or product, whoever owns the means of production will meet that demand in order to make more profits. In order for there to be demand, people need to be spending money. Guess who spends the most amount of money on commodities in this country? Hint: it ain't the rich.

The wealth of rich people lies in imaterial assets like stocks, investments, and real estate equity. That sort of wealth does jack shit for creating jobs in a commodity-based marketplace.

Quit spreading this trickle down bullshit.
Click to expand...
 
diehardbiker said:
Tell me about Europe Crisis? They have fucking high taxes, and they DO have high taxes for rich people, guess what happened to unemployment rate? Their unemployment rate is so high and if we do tax higher on rich people we will see unemployment rate shot up.
Now they can't figure out the solution due to very high taxes and they don't have room to increase tax anyway. And they are dealing with huge debts, call that bullshit? I feel sorry for you.
Plus do you think nobody is working for rich people?
Why companies lay off employees from time to time? Why can't they cut down other things? Show me that companies usually cut other things and lay off employees last?
Anytime when cost rises (That includes taxes), those people that has money to run business will have to cut somewhere else and that usually their own employees.

The real problem isn't taxes itself, it is HOW government runs their businesses. Uncle Sam is seriously dysfunctional. They (congress, courts, and presidents) usually do favor for special interest group not us. They don't care "The people" All they care is those who do "Corporate business" in order to get election funds for themselves to keep their jobs. This should never happen, but it does. I believe there should be term limitation in congress and judicial like president has. Sad that congress is the one that impose term limitation for president but not for themselves. Once term limitation is placed on congress, they will more likely to think for Americans not themselves.

Euro debt crisis: 'No solution in sight' - Aug. 19, 2011
Click to expand...

you do realize that it's only a few European countries that are affecting the whole EU such as Greek, Portugal, and Ireland?

from your link
So far, the EU has responded to the debt problems in Greece, Portugal and Ireland by throwing billions of bailout euros at them in the hope that harsh austerity measures would do the rest.
Click to expand...

and you do realize that America is now AA-rated while most of European nations are AAA-rated?

and Congress does have a term limitation in a way. Senators have unlimited 6-years term and Congressmen have unlimited 2-years term. But do you really want this country to be run by inexperienced people or people you don't know nor care? Many Congressmen and Senators are good people. They do work very hard for their states and people they represent. It's only a few bad apples that made Congress looks corrupted and untrustworthy. If Senators and Congressmen have been around for a long time like Senator Ted Kennedy, it's because the citizens trusted them.

They represent people and they act in their interest. If you disagree with that Senator or Congressman - you are basically disagreeing with thousands of people's belief. It's simple - if people do not like that Senator or Congressman, they can simply vote for somebody else. Look at your Senator and Congressmen. I bet you don't even know their names.

Beside, they don't earn that much from working for us even though it's a 6-figures salary but it's much lower than what most people thought. We have 100 Senators. Wanna guess about how many of them are very wealthy?
 
The problem they got is special interest lobbyist, and they would do anything for them to get more money to run next election. This results more laws specifically protect special interest group.

Jiro said:
so what's the problem exactly?

it's not ok for them to earn money from speaking fee, books, and personal investments?
Click to expand...
 
Back
Top