Taxing the rich - what is the cutoff?

My simple point was that I wonder what these people would do if they found themselves having to support a family of four on a household income of $40,000-45,000. But maybe you haven't been around and seen how hard people work to make that kind of money (my dad was a carpenter, my wife's father a fire fighter - obviously if they possessed more personal virtue they would have attained greater things and made more money). I have a tough shedding tears for folks who are crying poor because they make $300,000 and their taxes might go up 3%.
Why stop there? $40-50k/year is excess. You can live off of $12k a year:
How to retire on $12,000 a year - MSN Money (http://articles.moneycentral.msn.com/RetirementandWills/CreateaPlan/RetireOnTwelveThousandDollarsAYear.aspx)

:pimp:Dude if you want to ban me go ahead. Unlike some people on this forum, I actually have a life and would lose no sleep over not being able to post, since as you can see from my history I do not post often anyway. Anyway, yeah I might get a little overboard when it comes to political discussions, as I am a political science major and certain subjects are particullarly sensitive to me. Especially when people are speaking about something that is not a debatable subject. There is no justification for this war whatsoever. When I see soldiers on TV without legs (blown off for nothing, but oil) and children that will never know their fathers, it is the people who try to justify this war that I most despise. I wonder if they would give their legs or they're own lives while their wives were pregnant with their baby, so that their child would have never known them. Yeah, but god forbid we cut and run and America looks bad, that is whats really important, America has to show how powerful it is. Maybe America should show it has the ability to admit when it is wrong. Really ask yourself, is this war worth one American life. Answer: NO! Nevertheless, the person whose post I was responding to clearly did not do their research on the Iraq war. There is no debate to be had on the subject. If you support the war, then you clearly have a low IQ and just simply have not weighed the postives versus the negatives. Politicians employ a rhetoric in a time of war that is similar to the appoach they take with the "war on drugs." They try to strike fear in to individuals to gain their support for their approach and those nieve enough to buy this nonsense are just not intellectually worthy of my rebuttle. Therefore, I'd rather just have a little fun with their under-educated minds and insult them. Call it childish, but I act childish when speaking to adults with the intellect of a 7 year-old. No, I do not get my info from the NY Times (the best paper in the world), but I get it from BBC and my classes at school. Go to Europe and see what the citizens in many of the western/central EU countries think of the United States current course in foreign affairs, instead of sitting around your local Irish Pub in D.C. Nooooooo PLEASE DO NOT BANNN MEEEE!!!!!!!!!!!!!!!! MY LIFE WOULD BE OVER!!!!!!!!!!!!!!!!!!!!!!!!!!!! :sleep:GO REDSKINS!!! (Something we do agree on):grouphug:
P.S. If any of you knuckle heads really want a debate, then I will gladly accept the challenge. I'll gather the other students on my debate team and we can take this discussion to a public blog. I would love to just humiliate anyone who supports this war. :duel::argue:

P.S. If any of you knuckle heads really want a debate, then I will gladly accept the challenge. I'll gather the other students on my debate team and we can take this discussion to a public blog. I would love to just humiliate anyone who supports this war.

:insane:

Under the flat tax plain lower income families would receive a tax credit so low income families would still not pay taxes under the flat tax plan. Some would even receive more credit back then they paid in taxes.

Isn't this just another form of taxing the rich to pay for poor people services? Receive money back? You mean like EIC where these bums get money back even though they didn't pay any taxes?

Some of his tax cuts, however, actually increased tax revenue. Reducing the capital gains tax, for example, actually increased capital gains tax revenue. Moreover, capital gains tax cuts were not aimed squarely at the upper echelons of society. More than 50% of the American households report capital gains/losses. Moreover, the notion that we should increase taxes on people who have gained money by pumping money into the economy sounds somewhat counterproductive to me, especially in light of the fallout of the subprime market and its aftershocks (e.g., limited credit availability for M&A and capital expenditures).

I don't claim to understand the in's and out's of tax policy, but the 'tax revenue increases with decreased rates of taxation' is apparently a questionable assertion.

FactCheck.org: The Budget According to McCain: Part II (http://www.factcheck.org/elections-2008/the_budget_according_to_mccain_part_ii.html)

But if we want to cut taxes then we have to cut spending (which is what McCain said way back in 2001/2003) because the effects of the current administration's policies have been to enlarge the deficit enormously. It is the 'no sacrifice required' ethos that infuses so much of contemporary American culture. And with McCain's current rhethoric that means cutting domestic spending, which has consequences. So then you have to ask who is being asked to sacrifice and who gains most from that sacrifice.

RIGGO/NYC, quit while you're behind. Debate team? This isn't high school!

:pimp:Dude if you want to ban me go ahead. Unlike some people on this forum, I actually have a life and would lose no sleep over not being able to post, since as you can see from my history I do not post often anyway. Anyway, yeah I might get a little overboard when it comes to political discussions, as I am a political science major and certain subjects are particullarly sensitive to me. Especially when people are speaking about something that is not a debatable subject. There is no justification for this war whatsoever. When I see soldiers on TV without legs (blown off for nothing, but oil) and children that will never know their fathers, it is the people who try to justify this war that I most despise. I wonder if they would give their legs or they're own lives while their wives were pregnant with their baby, so that their child would have never known them. Yeah, but god forbid we cut and run and America looks bad, that is whats really important, America has to show how powerful it is. Maybe America should show it has the ability to admit when it is wrong. Really ask yourself, is this war worth one American life. Answer: NO! Nevertheless, the person whose post I was responding to clearly did not do their research on the Iraq war. There is no debate to be had on the subject. If you support the war, then you clearly have a low IQ and just simply have not weighed the postives versus the negatives. Politicians employ a rhetoric in a time of war that is similar to the appoach they take with the "war on drugs." They try to strike fear in to individuals to gain their support for their approach and those nieve enough to buy this nonsense are just not intellectually worthy of my rebuttle. Therefore, I'd rather just have a little fun with their under-educated minds and insult them. Call it childish, but I act childish when speaking to adults with the intellect of a 7 year-old. No, I do not get my info from the NY Times (the best paper in the world), but I get it from BBC and my classes at school. Go to Europe and see what the citizens in many of the western/central EU countries think of the United States current course in foreign affairs, instead of sitting around your local Irish Pub in D.C. Nooooooo PLEASE DO NOT BANNN MEEEE!!!!!!!!!!!!!!!! MY LIFE WOULD BE OVER!!!!!!!!!!!!!!!!!!!!!!!!!!!! :sleep:GO REDSKINS!!! (Something we do agree on):grouphug:
P.S. If any of you knuckle heads really want a debate, then I will gladly accept the challenge. I'll gather the other students on my debate team and we can take this discussion to a public blog. I would love to just humiliate anyone who supports this war. :duel::argue:
Seriously - if you think college gives you the world view you need to speak definitively on a subject, you have a lot of learning left to do. One of the first things you'll learn in the real world is that there are very few "undebatable" subjects (here is one (http://www.thewarpath.net/parking-lot/23710-officer-kills-man-who-beat-toddler.html)). You make yourself sound like my 4 year old when you make posts like the above.

And, for the record, I agree with your opinion of the war.

RIGGO/NYC, quit while you're behind. Debate team? This isn't high school!

I think if you were in high school that line would result in some form of beating. "If you take my lunch money again I will return with my debate team breathren and we will vanquish you with our superior intellect!"

RIGGO/NYC, quit while you're behind. Debate team? This isn't high school!

The moron is gone. Makes me ashamed to think he and I are fellow Redskins fans and fellow Americans. He must be a real winner during his debates. I imagine his "rebuttles" go something like "Nuh uh...I'm rubber, you're glue. Whatever you say bounces off me and sticks to you."

Good riddance

The moron is gone. Makes me ashamed to think he and I are fellow Redskins fans and fellow Americans. He must be a real winner during his debates. I imagine his "rebuttles" go something like "Nuh uh...I'm rubber, you're glue. Whatever you say bounces off me and sticks to you."

Good riddance
He ruined my thread, Smooty - he ruined it! I'm never talking to him again. We should totally fork his lawn.