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How about NO TAX ON BUSINESS ENTITIES! Please, folks, understand that whatever it costs to do business, that cost is added onto the end price of their goods or services provided, PLUS the cost of keeping track of, adding to the price of their produce, paying for added bookkeeping and tax preparation and paying same which means ALL COSTS ARE PASSED DOWN TO THE END CONSUMER...YOU!
So, all of you that want to tax corporations and business income, please remember that they will not really pay the tax...it will be added to the price of their product/service and passed on down to you who consume! You raise the cost of everything you buy when you increase taxes up the line on all business it takes to produce the product or service!
NO tax on business means the product and/or service will cost the consumer less.
That's why a national sales tax is the far better manner for which the Federal Government to raise the $'s they NEED...not the $ they want to recklessly spend! VBG With a national sales tax, one has complete control of their own money and pay tax only when they purchase...thus, one has control of their own money and make their own determination of how much tax THEY CAN AFFORD!
He was speaking primarily to personal income for those over $1M, corporate tax is another story and is most certainly not an even playing field unless you have a lobby.
A buffet tax? What nonsense! I think it's outrageous that just because people like to go out to a cafeteria-style all-you-can-eat type restaurant once in while, and enjoy mashed potatoes and gravy and jello salad....
He was speaking primarily to personal income for those over $1M, corporate tax is another story and is most certainly not an even playing field unless you have a lobby.
Bull! Anyone "earning" $1M in income will not put their $'s under the mattress...they will place it in an investment of some kind whether it be in business, stocks (which benefit private enterprise), even in a bank account(s) on hold which in turn allow that bank greater lending capacity (to business which creates jobs or for housing which again creates jobs)! So, unless you bury it in the back yard or stuff it in bags in the walls, those $'s will be used to build more strength in our private enterprise economy. They will be invested in one form or another...which leads to job creation and building of our economy. Even if they "play" with some of it, that portion, again, flows into our "private enterprise" economy where it contributes to job retention and/or creation.
The Federal Government's spending creates NOTHING permanent in our economy. What it creates with its "mostly" very foolish spending is either welfare dependence or short-time spending into our economy or both! Both are detrimental to our free-enterprise system and the American way of life based upon our wonderful Constitution.
I have to wonder about people who sit back and think that someone else's financial earnings should be "given/shared/whatever" with those that do not earn it! How did so many of our citizens get sucked into this "Class Envy/War" mind set and think they should share that which other people earn themselves by hard work and personal financial risk. That is not what American is all about. America is about our Constitution which "guarantees" that every citizen or "LEGAL" resident has the "OPPORTUNITY" to take responsibility for themselves and go as far toward prosperity for which they, themselves, are willing to put themselves out to do...not expect others to take care of them while they don't take any responsibility for themselves. The only exceptions to this are those who, for physical or mental reasons, cannot provide for themselves. In that case, it should be up to "LOCAL" entities which are close enough to know who does require help and who is faking it...NOT THE FEDERAL GOVERNMENT and hopefully not the State nor Country. One size has NEVER fit all!
Bull! Anyone "earning" $1M in income will not put their $'s under the mattress...they will place it in an investment of some kind whether it be in business, stocks (which benefit private enterprise), even in a bank account(s) on hold which in turn allow that bank greater lending capacity (to business which creates jobs or for housing which again creates jobs)! So, unless you bury it in the back yard or stuff it in bags in the walls, those $'s will be used to build more strength in our private enterprise economy. They will be invested in one form or another...which leads to job creation and building of our economy. Even if they "play" with some of it, that portion, again, flows into our "private enterprise" economy where it contributes to job retention and/or creation.
The Federal Government's spending creates NOTHING permanent in our economy. What it creates with its "mostly" very foolish spending is either welfare dependence or short-time spending into our economy or both! Both are detrimental to our free-enterprise system and the American way of life based upon our wonderful Constitution.
I have to wonder about people who sit back and think that someone else's financial earnings should be "given/shared/whatever" with those that do not earn it! How did so many of our citizens get sucked into this "Class Envy/War" mind set and think they should share that which other people earn themselves by hard work and personal financial risk. That is not what American is all about. America is about our Constitution which "guarantees" that every citizen or "LEGAL" resident has the "OPPORTUNITY" to take responsibility for themselves and go as far toward prosperity for they, themselves, are willing to put themselves out to do...not expect others to take care of them while they don't take any responsibility for themselves. The only exceptions to this are those who, for physical or mental reasons, cannot provide for themselves. In that case, it should be up to "LOCAL" entities which are close enough to know who does require help and who is faking it...NOT THE FEDERAL GOVERNMENT and hopefully not the State nor Country. One size has NEVER fit all!
Yeah the Federal government creates nothing permanent, the Army, Navy, Air force and Marines are just Socialist, muslim Ponzi Schemes. Why should I have to pay my share to be an American, my loyalty is to Grover Norquist not America
Yeah the Federal government creates nothing permanent, the Army, Navy, Air force and Marines are just Socialist, muslim Ponzi Schemes. Why should I have to pay my share to be an American, my loyalty is to Grover Norquist not America
What a stupid comment. Our Constitution demands that the Federal Government's responsibility is to protect and defend the citizens of this country by maintaining military! My post addressed the Federal Government screwing around and screwing up our private-enterprise based economy!
Don't try the "liberal spin" on me. I've lived way too long to not see through such either ignorance or stupidity or both!
Bull! Anyone "earning" $1M in income will not put their $'s under the mattress...they will place it in an investment of some kind whether it be in business, stocks (which benefit private enterprise), even in a bank account(s) on hold which in turn allow that bank greater lending capacity (to business which creates jobs or for housing which again creates jobs)! So, unless you bury it in the back yard or stuff it in bags in the walls, those $'s will be used to build more strength in our private enterprise economy. They will be invested in one form or another...which leads to job creation and building of our economy. Even if they "play" with some of it, that portion, again, flows into our "private enterprise" economy where it contributes to job retention and/or creation.
The Federal Government's spending creates NOTHING permanent in our economy. What it creates with its "mostly" very foolish spending is either welfare dependence or short-time spending into our economy or both! Both are detrimental to our free-enterprise system and the American way of life based upon our wonderful Constitution.
I have to wonder about people who sit back and think that someone else's financial earnings should be "given/shared/whatever" with those that do not earn it! How did so many of our citizens get sucked into this "Class Envy/War" mind set and think they should share that which other people earn themselves by hard work and personal financial risk. That is not what American is all about. America is about our Constitution which "guarantees" that every citizen or "LEGAL" resident has the "OPPORTUNITY" to take responsibility for themselves and go as far toward prosperity for they, themselves, are willing to put themselves out to do...not expect others to take care of them while they don't take any responsibility for themselves. The only exceptions to this are those who, for physical or mental reasons, cannot provide for themselves. In that case, it should be up to "LOCAL" entities which are close enough to know who does require help and who is faking it...NOT THE FEDERAL GOVERNMENT and hopefully not the State nor Country. One size has NEVER fit all!
There are so many economic myths in the above post I don't know where to start. I guess the beginning is best.
First, arguing that money left in private hands "allow a bank greater lending capacity;"strength in our private enterprise economy;" and "creates jobs," is undercut by the fact that businesses are sitting on $2 trillion that they aren't investing.
Second, it's more basic than not taxing and letting everyone keep their money. The government needs money to run. The 2001 and 2003 Bush tax-cuts are the single largest reason the nation has a debt at all. A 2000 CBO projection stated that assuming the Clinton rates remained in effect, the entire debt would be paid by 2006.
In addition, it isn't possible to cut enough spending to fill the deficit.
Given that, we can choose to tax millionaires or raise taxes on waitresses, cab drivers, school teachers, firemen and office workers. Since millionaires have gotten a rather good deal with the Bush tax-cuts, it's fair to tax them more than the others.
Third:
Quote:
The Federal Government's spending creates NOTHING permanent in our economy. What it creates with its "mostly" very foolish spending is either welfare dependence or short-time spending into our economy or both! Both are detrimental to our free-enterprise system and the American way of life based upon our wonderful Constitution.
The Constitution says nothing about the free enterprise system. If it did, we wouldn't have a government run Post Office specifically mentioned in the Constitution.
Most of what the federal government does, from a spending standpoint, is act like a big insurance company that has an army. Prior to Social Security, Medicare and Medicaid, senior citizens were largely destitute, had little access to medical care, as did poor people. These programs do a great deal of good and apart from being "detrimental to our free-enterprise system" actually enhance it. According to some fascinating new economic research, Is Employer-Based Health Insurance A Barrier To Entrepreneurship?, there's an unexpectedly large numbers of Americans becoming entrepreneurs within months of qualifying for Medicare (over and above those you would expect to become entrepreneurs because they were fired, forcibly retired, etc.) The reason: They now have the security of healthcare, so they can take the risk of starting private companies.
The bottom line is that while someone may blather free-market rhetoric, we are a far better nation with these programs than we were in the period of time that preceded them and we need to pay for a government.
What a stupid comment. Our Constitution demands that the Federal Government's responsibility is to protect and defend the citizens of this country by maintaining military! My post addressed the Federal Government screwing around and screwing up our private-enterprise based economy!
Don't try the "liberal spin" on me. I've lived way too long to not see through such either ignorance or stupidity or both!
I'll stand by my comment, why should I go out and defend you if you don't want to pay your share to be an Ameican. As far as I am concerned those who won't pay are parasites.
here's a simple math equation for anybody that thinks Obama's tax on the millionaires is worth a flip:
tax the millionaires and the millionaires cut jobs. then you have no job growth at all. simple math
the taxes are then sent to lowest income slackers aka the bums who don't wanna work anyway
that's Obama's job's bill in a nut shell. not one valid sustainable job will be created, just temp work to glaze over the fact that there will be no jobs created.
but the Obama pep rallies continue on into 2012.
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