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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.
I just wonder if any people actually believe this kind of nonsense? Wow! I know several state similar things, but believe it?
I just wonder if any people actually believe this kind of nonsense? Wow! I know several state similar things, but believe it?
ask yourself this question...IF you grew a business that made widgets from the ground up and you became a millionaire, do you think it would be fair to you if say 10% of your earnings were forced out of your bottomline to pay for all the anchor babies left by deported immigrants??
would you be ok with that? this is just one hypothetical example.
and don't dance around it, just asnwer the question yes or no.
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.
Yours is a false narrative. We now have the lowest taxes in two generations. In Eisenhower's day, millionaires paid a 90% marginal rate; under Kennedy, it was 70%. Even under GOP Saint Reagan, marginal rates were 50%. Now, they are 35%. Somehow, millionaires created jobs and invested money when Eisenhower, Kennedy and Reagan lived in the White House. The narrative that millionaires will cut their nose to spite their face and not invest in sound investments unless they're given preferential tax treatment is preposterous on its face.
BTW, your post had no math whatsoever in it. But this is a math problem:
Tax-rates are 35%. If one has a business and is considering a venture that will yield $1,000,000 gross profit. Will you invest in this project? The answer is "of course," because you will make a profit after tax ($1,000,000 - $350,000 = $650,000.) Now, will you still consider the project if the tax-rate was 50%? The answer is "of course," because you will make a profit after tax ($1,000,000 - $500,000 = $500,000.) You see, millionaires won't go on strike and not invest their money as long as there is profit to be made. That's the basis of capitalism and contrary to John Boehner's talking point.
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.
And, who said I don't want to pay? Better take reading comprehension and expand your ability to understand what you read!
I put into simple language the problems created by Federal Government's overspending in areas they don't have jurisdiction! PERIOD!
I just wonder if any people actually believe this kind of nonsense? Wow! I know several state similar things, but believe it?
If you don't believe the post that was above your above post, then you have no knowledge of free-enterprise economics, of which our America cannot survive!
Yours is a false narrative. We now have the lowest taxes in two generations. In Eisenhower's day, millionaires paid a 90% marginal rate; under Kennedy, it was 70%. Even under GOP Saint Reagan, marginal rates were 50%. Now, they are 35%. Somehow, millionaires created jobs and invested money when Eisenhower, Kennedy and Reagan lived in the White House. The narrative that millionaires will cut their nose to spite their face and not invest in sound investments unless they're given preferential tax treatment is preposterous on its face.
BTW, your post had no math whatsoever in it.
I don't understand that how in a country that promotes "shooting for the moon", that somehow those that do shoot for the moon are penalized for those that choose to sit on their rumps and beg for government hand outs all day. and continue to have kids when they can't afford them. and drop out of school when they know they need to stay there. i don't get that. do you?
It's almost like saying "don't shoot for the mooon" .."shoot for mediocracy and the government will help with the rest"
Yours is a false narrative. We now have the lowest taxes in two generations. In Eisenhower's day, millionaires paid a 90% marginal rate; under Kennedy, it was 70%. Even under GOP Saint Reagan, marginal rates were 50%. Now, they are 35%. Somehow, millionaires created jobs and invested money when Eisenhower, Kennedy and Reagan lived in the White House. The narrative that millionaires will cut their nose to spite their face and not invest in sound investments unless they're given preferential tax treatment is preposterous on its face.
BTW, your post had no math whatsoever in it.
But...VBG...what you are missing in your "history lesson" is that those falling under those ridiculously high tax rates never had "taxable income" at those rates. There were millions of "investment shelters" where most of their $'s went as investments and actually created jobs in that area! Those mostly ended during the tax revisions of the Reagan years at which time the tax rates dropped to compensate for the demise of tax shelters.
Yes, if you try to take $'s millionaires earn you will lose jobs within our economy. BO and crew and many more don't seem to understand how the economy works...or should work.
Obama would love nothing more than to have America latched to the teat of the Federal Reserve. anybody with common sense can see that.
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do you?
