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View Poll Results: Should the tax rate increase on people earning $1 million+ per year?
Yes 98 61.25%
No 62 38.75%
Voters: 160. You may not vote on this poll

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Old 09-18-2011, 04:29 PM
 
Location: Lost in Texas
9,827 posts, read 6,934,706 times
Reputation: 3416

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If we wait for inflation then we will all be worth millions and will all fall under the tax. Unfortunately, a loaf of bread will cost about 10K.
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Old 09-18-2011, 04:34 PM
 
8,104 posts, read 3,958,699 times
Reputation: 3070
No, but I propose a 100% tax on the globalists like Goldman Sachs, JP Morgan, Halliburton etc that have no allegiance to any nation, but think they can dictate to us, by having their henchmen and cutthroats in our government.
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Old 09-18-2011, 04:34 PM
 
69,368 posts, read 64,096,009 times
Reputation: 9383
Quote:
Originally Posted by florida.bob View Post
Never works? You are aware of the '50s, '60s and '70s I hope? You know, actual History, not the revised versions.
It didnt work then either
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Old 09-18-2011, 04:36 PM
 
Location: Great State of Texas
86,052 posts, read 84,464,288 times
Reputation: 27720
Quote:
Originally Posted by J746NEW View Post
No, but I propose a 100% tax on the globalists like Goldman Sachs, JP Morgan, Halliburton etc that have no allegiance to any nation, but think they can dictate to us, by having their henchmen and cutthroats in our government.
Well the government is not proposing any increases in corporate tax; if anything they are toying with the idea of reducing tax on foreign profits for them. So the GS and JPMs win yet again.
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Old 09-18-2011, 04:40 PM
 
8,104 posts, read 3,958,699 times
Reputation: 3070
Quote:
Originally Posted by HappyTexan View Post
Well the government is not proposing any increases in corporate tax; if anything they are toying with the idea of reducing tax on foreign profits for them. So the GS and JPMs win yet again.
No surprise there Texan.

They want to play the game of "taxing the rich" to appease the ignorant, when the ones they would be taxing are the small business's that employ the majority of American's in this country.

Meanwhile their slimy disgusting globalist filth will be laughing all the way to the bank as they gain more power and control.


May these people ROT IN HELL
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Old 09-18-2011, 04:41 PM
 
Location: Great State of Texas
86,052 posts, read 84,464,288 times
Reputation: 27720
Quote:
Originally Posted by J746NEW View Post
No surprise there Texan.

They want to play the game of "taxing the rich" to appease the ignorant, when the ones they would be taxing are the small business's that employ the majority of American's in this country.

Meanwhile their slimy disgusting globalist filth will be laughing all the way to the bank as they gain more power and control.


May these people ROT IN HELL
Only a few can see what is really happening.
The masses will be content with "tax the rich".
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Old 09-18-2011, 04:43 PM
 
Location: Central Ohio
10,834 posts, read 14,932,942 times
Reputation: 16587
Quote:
Originally Posted by bluesjuke View Post
You drive a BMW335xi and I only have an 11 year old 328i so you should pay more.

Ready to pony up?

BMW335xi-
"I think the Super Committee should pass a tax hike on people making $1 million or more and cut spending by another $2 trillion."


Do you really think that tax on those over $1 Million is going to make up even remotely close to $2 Trillion?
So the idiot in charge is playing the class warfare game, it's easy attacking millionaires, but even if they do how much money do they really think they will get?

I worked it up.

Wage Statistics for 2009


Add up the total income of everyone earning $1 million and more and you come up with less then $184 billion dollars.

Tax it 100%, take every dime these rich scum earns, and what do you got?

As for the nations current financial position consider the following:

US Tax Revenue: $2,170,000,000,000
Federal Budget: $3,820,000,000,000
New National Debt: $1,650,000,000,000
National Debt: $14,271,000,000,000
Recent Budge Cut: $38,500,000,000

But that is hard to understand, to many zeros. To make it easier simply remove 8 zeros and pretend it is your family budget:

Annual Family Income: $21,700
Money the Family Spent: $38,200
New Debt on the Credit Cards: $16,500
Outstanding Balance on the Credit Cards: $142,710
Total Budget Cuts: $385 (Really worked hard to cut expenses)

But now let's add $184,000,000,000 and see how much it really helps when we take off 8 zeros for the family budget.

Taking off 8 zeros and we got $1,840 added to the annual income and how does it change our family budget sheet?

Annual Family Income: $23,540
Money the Family Spent: $38,200
New Debt on the Credit Cards: $14,660
Outstanding Balance on the Credit Cards: $140,870
Total Budget Cuts: $385 (Really worked hard to cut expenses)

Yeah, that really helped a heck of a lot, we finally got the rich scum to pay their fair share (which is 100% of every penny they make) and every one can see our problems are finally solved.

$184 billion? With a $3.82 trillion budget that's enough money to keep the federal government going for 18 whole days but that is only if you take ALL OF IT! Just wonderful, who thinks this garbage up for the white house, second graders?

Obama is incredibly stupid and all the moron is doing now is playing communist party Chicago community organizer games
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Old 09-18-2011, 04:48 PM
 
26,680 posts, read 28,665,061 times
Reputation: 7943
Quote:
Originally Posted by nicet4 View Post
So the idiot in charge is playing the class warfare game
If you think this is class warfare, then you must be against progressive tax rates entirely - correct?
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Old 09-18-2011, 04:49 PM
 
Location: Central Ohio
10,834 posts, read 14,932,942 times
Reputation: 16587
Quote:
Originally Posted by AnUnidentifiedMale View Post
If you think this is class warfare, then you must be against progressive tax rates entirely - correct?
Yes, I am.
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Old 09-18-2011, 05:40 PM
 
Location: NoVA
1,391 posts, read 2,645,975 times
Reputation: 1972
Quote:
Originally Posted by nicet4 View Post
<snipped for brevity>
That is the most compelling and logically sound post I've seen in this thread yet, and I'm not being sarcastic. I'm going to pass it on.
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