"A millionaire pays nothing, while a bus driver pays 10% of his salary".
Sound like President Obama??? NOPE! Check the video:
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Lets stop cherry picking snippets and push for a flat/fair tax with no loopholes that way everyone pays their fair share of the taxes. Obama doesn't want to do that because it will offend many of his campaign supporters.
Lets stop cherry picking snippets and push for a flat/fair tax with no loopholes that way everyone pays their fair share of the taxes. Obama doesn't want to do that because it will offend many of his campaign supporters.
I agree 100%. A fair tax where everyone pays their fair share of taxes. A flat tax is one proposal, value added works in some foreign countries, similar to a sales tax... The fairest method that congress voted on was a progressive tax. If everyone paid their fair share with out 'loopholes' for those willing to pay lobbyists, the system would work well.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
I agree 100%. A fair tax where everyone pays their fair share of taxes. A flat tax is one proposal, value added works in some foreign countries, similar to a sales tax... The fairest method that congress voted on was a progressive tax. If everyone paid their fair share with out 'loopholes' for those willing to pay lobbyists, the system would work well.
What's fair? Who decides it? Progressive taxes is the the furthest from fair. We are $14 Tillion in debt, NOBODY wants to pay. Everybody want free money and somebody else to pay for it. From the top to the bottom.
What's fair? Who decides it? Progressive taxes is the the furthest from fair. We are $14 Tillion in debt, NOBODY wants to pay. Everybody want free money and somebody else to pay for it. From the top to the bottom.
Progressive is just income tax without deductions..and its hardly fair. As long as someone is manipulating the tax rate based on income, it will never be fair.
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
Box you and I both know that over the decades the government has perverted the tax code to give their supporters/lobbyists tax breaks to get re-elected. It's time to trash the old progressive tax because it's unfair to people who can't afford high priced attorneys like GE does and end up paying no tax when in fact they made a large profit.
The VAT tax is just the tip of the iceberg on fixing this countries tax system. What about the folks who do not pay into social security once they reach....and I'm not too sure about this amount....$106,000? They no longer have to contribute. Will that continue also? I would hardly classify someone making $100K/year RICH/WEALTHY! But all the same, what would become of that little tax code?
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
1. The Top 1 Percent Of Americans Owns 40 Percent Of The Nation’s Wealth
2. The Top 1 Percent Of Americans Take Home 24 Percent Of National Income
3. The Top 1 Percent Of Americans Own Half Of The Country’s Stocks, Bonds, And Mutual Funds
4. The Top 1 Percent Of Americans Have Only 5 Percent Of The Nation’s Personal Debt
5. The Top 1 Percent Are Taking In More Of The Nation’s Income Than At Any Other Time Since The 1920s
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Don't you feel bad for the rich they just lost a lot of money when the market tanked.
These numbers are what they have left after the market tanked!!! Poor Babies!
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Why do you continue to hate us rich people when we have lost so much money? We are victims of a corrupt government. I may have to go down to the DSS building and file for benefits to bring me back up to a poor persons level.
Thank God Obama doesn't get any of his nearly $1 BILLION in campaign financing from these rich people. How much wealth with the one percent hold if the "Buffett Rule" was in effect? The funny thing is, if these banks and automakers weren't bailed out and other industries weren't subsidized that number would probably look much differently. By allowing the free market to correct itself by allowing the banks and other industries to fail would have punished the 'rich' much more severe than current corporatism disguised as tax and regulation. The more Americans scream for the government intervention to correct it, the more the power gets consolidated at the top and into fewer hands.
Box, I noticed your bar graph leaves out 2008 - 2011. Very convenient.
It appears that the folks with the most money garner the most influence. Don't be fooled folks. There will always be wealthy people. They are needed to lobby the government, buy votes and create an economic environment dictated by the government.
So don't hold your breath on this one. It's all smoke and mirrors for an election year.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
It appears that the folks with the most money garner the most influence. Don't be fooled folks. There will always be wealthy people. They are needed to lobby the government, buy votes and create an economic environment dictated by the government.
So don't hold your breath on this one. It's all smoke and mirrors for an election year.
CHA-CHING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS