Author Topic: Who here objects to a 50% income tax rate on earnings above $1MIL  (Read 18058 times)

tbombz

  • Getbig V
  • *****
  • Posts: 19350
  • Psalms 150
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #150 on: November 11, 2012, 09:18:44 PM »
taxes are theft.

if you want to help people, help them.

dont steal from other people in order to do it.


that being said.. yes, it is POSSIBLE for us to "tax our way out of this problem".

Shockwave

  • Getbig V
  • *****
  • Posts: 20807
  • Decepticons! Scramble!
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #151 on: November 11, 2012, 09:23:40 PM »
taxes are theft.

if you want to help people, help them.

dont steal from other people in order to do it.


that being said.. yes, it is POSSIBLE for us to "tax our way out of this problem".
You seriously think you can tax the country enough (without cutting spending) to pay down the deficit?

tbombz

  • Getbig V
  • *****
  • Posts: 19350
  • Psalms 150
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #152 on: November 11, 2012, 09:27:05 PM »
theoretically possible, absolutely.


avxo

  • Getbig V
  • *****
  • Posts: 5605
  • Iron Pumping University Math Professor
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #153 on: November 11, 2012, 09:28:04 PM »
I'm not worried about myself at all.  They can take back their 2-3 percent break I received.  I'd gladly pay that money back to insure that people of all walks of life have health care, SSI and an overall safety net at their disposal.  Pot, meet kettle.

You don't have to wait for them to take it back. Write a check today if you want. The details are here: http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm#DebtFinance so now you can put your money where your noisehole is.

But something tells me you won't be rushing to get your checkbook... will you?

Shockwave

  • Getbig V
  • *****
  • Posts: 20807
  • Decepticons! Scramble!
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #154 on: November 11, 2012, 09:29:50 PM »
theoretically possible, absolutely.


Somehow I doubt it dude, but I don't know for sure.

tbombz

  • Getbig V
  • *****
  • Posts: 19350
  • Psalms 150
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #155 on: November 11, 2012, 09:30:08 PM »
You don't have to wait for them to take it back. Write a check today if you want. The details are here: http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm#DebtFinance so now you can put your money where your noisehole is.

But something tells me you won't be rushing to get your checkbook... will you?
i suspect he would do it.. so long as everyone else is forced to do it as well.

tbombz

  • Getbig V
  • *****
  • Posts: 19350
  • Psalms 150
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #156 on: November 11, 2012, 09:31:50 PM »
Somehow I doubt it dude, but I don't know for sure.
we beat the germans didnt we  ;D

AbrahamG

  • Getbig V
  • *****
  • Posts: 18071
  • Team Pfizer
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #157 on: November 11, 2012, 10:36:33 PM »
You don't have to wait for them to take it back. Write a check today if you want. The details are here: http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm#DebtFinance so now you can put your money where your noisehole is.

But something tells me you won't be rushing to get your checkbook... will you?

I"ll never recover from this owning. 

avxo

  • Getbig V
  • *****
  • Posts: 5605
  • Iron Pumping University Math Professor
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #158 on: November 11, 2012, 11:20:31 PM »
I"ll never recover from this owning.  

Forget the "owning." If you'd "gladly pay that 2-3 percent break [you] received" then don't tell us that you'd be glad to give it up – just fucking do it. You don't have to wait for the politicians to take it back.

AbrahamG

  • Getbig V
  • *****
  • Posts: 18071
  • Team Pfizer
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #159 on: November 11, 2012, 11:26:07 PM »
Forget the "owning." If you'd "gladly pay that 2-3 percent break [you] received" then don't tell us that you'd be glad to give it up – just fucking do it. You don't have to wait for the politicians to take it back.

At least your finally admitting that the taxes you pay under President Obama are at historically low rates.

avxo

  • Getbig V
  • *****
  • Posts: 5605
  • Iron Pumping University Math Professor
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #160 on: November 11, 2012, 11:42:10 PM »
At least your finally admitting that the taxes you pay under President Obama are at historically low rates.

I am? Where?

My viewpoint is that I am forced to pay way too much in taxes to support a government of gargantuan proportions. The only proper functions of government in my political philosophy, are to provide a internal security, external security and a justice system. I would gladly pay taxes for just those things, because those are things I need and cannot get from a private enterprise.

AbrahamG

  • Getbig V
  • *****
  • Posts: 18071
  • Team Pfizer
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #161 on: November 12, 2012, 12:04:10 AM »
I am? Where?

My viewpoint is that I am forced to pay way too much in taxes to support a government of gargantuan proportions. The only proper functions of government in my political philosophy, are to provide a internal security, external security and a justice system. I would gladly pay taxes for just those things, because those are things I need and cannot get from a private enterprise.

I accept your apology.

avxo

  • Getbig V
  • *****
  • Posts: 5605
  • Iron Pumping University Math Professor

WOOO

  • Getbig V
  • *****
  • Posts: 18158
  • Fuck the mods
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #163 on: November 12, 2012, 02:33:47 AM »
You seriously think you can tax the country enough (without cutting spending) to pay down the deficit?


it's got to be a 2-way solution... but higher taxes on the wealthy is definitely an integral part of the strategy... next, better controls (regulations) need to be put in place to reduce waste in medicare/obamacare & social security

republican deregulation has led to significant abuse of tax dollars

additionally, the US needs a new path, military spending needs to be cut by half across the board

finally, the US needs to commit to a long term DEBT (not just deficit) reduction strategy

all of these solution require a center-right approach with all 3 levels of government involved

my opinion: american'ts do not have anywhere near the intellectual maturity to get this done within my lifetime...

a canadian-european-russian-chinese invasion and conquest of the US is far more likely

tbombz

  • Getbig V
  • *****
  • Posts: 19350
  • Psalms 150
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #164 on: November 12, 2012, 05:34:31 AM »

Who says you couldn't get security and justice through private enterprise? Lol. If there's a dollar to be Mede somewher I bet you'll find someone willing to earn it

Palpatine Q

  • Getbig V
  • *****
  • Posts: 24132
  • Disdain/repugnance....Version 3: glare variation B
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #165 on: November 12, 2012, 06:36:15 AM »
LOL @ Coach acting like he makes a million dollars a year training kids in a unfurnished space in a strip mall.

unless those tires they flip around have kilos of coke in them, STFU already  ::)

Shockwave

  • Getbig V
  • *****
  • Posts: 20807
  • Decepticons! Scramble!
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #166 on: November 12, 2012, 06:41:53 AM »

it's got to be a 2-way solution... but higher taxes on the wealthy is definitely an integral part of the strategy... next, better controls (regulations) need to be put in place to reduce waste in medicare/obamacare & social security

republican deregulation has led to significant abuse of tax dollars

additionally, the US needs a new path, military spending needs to be cut by half across the board

finally, the US needs to commit to a long term DEBT (not just deficit) reduction strategy

all of these solution require a center-right approach with all 3 levels of government involved

a canadian-european-russian-chinese invasion and conquest of the US is far more likely

I agree with most everything you've said here, actually. Especially this part.

Quote
my opinion: american'ts do not have anywhere near the intellectual maturity and intestinal fortitude to get this done within my lifetime...

I don't think you can arbitrarily slash defense spending by half either. It needs to be reduced, certainly, but there is a helluva lot of people employed by our military industrial complex to just say that were going to cut it in half. It needs to be a slow draw down.

whork

  • Getbig V
  • *****
  • Posts: 6587
  • Getbig!
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #167 on: November 12, 2012, 07:12:36 AM »
I agree with most everything you've said here, actually. Especially this part.

I don't think you can arbitrarily slash defense spending by half either. It needs to be reduced, certainly, but there is a helluva lot of people employed by our military industrial complex to just say that were going to cut it in half. It needs to be a slow draw down.

And a lot of jobs will be lost

tonymctones

  • Getbig V
  • *****
  • Posts: 26520
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #168 on: November 12, 2012, 03:49:25 PM »
And a lot of jobs will be lost
same will happen if we raise taxes, all things equal spending cuts are more effective at reducing the bottom line than tax hikes though.

tu_holmes

  • Getbig V
  • *****
  • Posts: 15922
  • Robot
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #169 on: November 12, 2012, 03:51:30 PM »
And a lot of jobs will be lost

The government doesn't create jobs right?

If it can't create them. Then it can't destroy them either.

tbombz

  • Getbig V
  • *****
  • Posts: 19350
  • Psalms 150
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #170 on: November 12, 2012, 03:52:45 PM »
Depends on what kind of spending and what kind of taxes. There are certain programs that truld Moe economic value than they cost to operate and there are some taxes which tenrate revenue without causing a significant hit to the markets

tonymctones

  • Getbig V
  • *****
  • Posts: 26520
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #171 on: November 12, 2012, 04:01:34 PM »
The government doesn't create jobs right?

If it can't create them. Then it can't destroy them either.
hahahah the govt can pass legislation that helps the private sector create jobs and it can also pass legislation that causes the private sector to lose jobs...

obamacare is a prime example of a job killer.

tbombz

  • Getbig V
  • *****
  • Posts: 19350
  • Psalms 150
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #172 on: November 12, 2012, 04:04:13 PM »
But its also a prime example of compromise and pragmatism and the triumph of the fee market over government run industry. Plus, it increases healftcare coverage tremendously.

Shockwave

  • Getbig V
  • *****
  • Posts: 20807
  • Decepticons! Scramble!
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #173 on: November 12, 2012, 04:06:33 PM »
The government doesn't create jobs right?

If it can't create them. Then it can't destroy them either.
I'm assuming your trolling, just because someone can't create something doesn't mean they can't destroy it.

tonymctones

  • Getbig V
  • *****
  • Posts: 26520
Re: Who here objects to a 50% income tax rate on earnings above $1MIL
« Reply #174 on: November 12, 2012, 04:14:00 PM »
But its also a prime example of compromise and pragmatism and the triumph of the fee market over government run industry. Plus, it increases healftcare coverage tremendously.
COMPROMISE???

are you fuking stoned boy?

it got what 1 republican vote, you call that compromise?