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NC_Skins 12-04-2012, 02:48 PM Thought I'd start a fresh thread where the Independents, Repubs, Libertarians, Green Party, Tea Party, and Democrats duke it out with politics. The current hot topic is the fiscal cliff.
GOP 'fiscal cliff' plan echoes failed budget talks - Yahoo! News (http://news.yahoo.com/gop-fiscal-cliff-plan-echoes-failed-budget-talks-063918865--finance.html)
Can somebody explain to me why the GOP are dead set in raising taxes for the ultra rich? Why can't the rest of the conservative base see who they serve and elect somebody else? Haven't we heard their speil before? Taxes will kill jobs. They said the same thing during Clinton's years and guess what? They were wrong.
My guess is they'll raise the taxes on the rich, only if they add in loopholes that they can avoid this increase, thereby negating it. What is it with these assholes?
It's really simple. Close ALL (and I mean every last one) tax loopholes, let ultra rich who've bypassed taxes all these years pay a higher tax that the middle class had to cover. After about 4 years of this, drop the tax rate so that middle and upper class taxes are equal in percentage. Also, remove all corporate tax loopholes, and lower the corporate tax rate. Cut spending across the board and profit.
**** this, I'm running for President next go around. Even I can get this simple idea down.
firstdown 12-05-2012, 02:09 PM Thought I'd start a fresh thread where the Independents, Repubs, Libertarians, Green Party, Tea Party, and Democrats duke it out with politics. The current hot topic is the fiscal cliff.
GOP 'fiscal cliff' plan echoes failed budget talks - Yahoo! News (http://news.yahoo.com/gop-fiscal-cliff-plan-echoes-failed-budget-talks-063918865--finance.html)
Can somebody explain to me why the GOP are dead set in raising taxes for the ultra rich? Why can't the rest of the conservative base see who they serve and elect somebody else? Haven't we heard their speil before? Taxes will kill jobs. They said the same thing during Clinton's years and guess what? They were wrong.
My guess is they'll raise the taxes on the rich, only if they add in loopholes that they can avoid this increase, thereby negating it. What is it with these assholes?
It's really simple. Close ALL (and I mean every last one) tax loopholes, let ultra rich who've bypassed taxes all these years pay a higher tax that the middle class had to cover. After about 4 years of this, drop the tax rate so that middle and upper class taxes are equal in percentage. Also, remove all corporate tax loopholes, and lower the corporate tax rate. Cut spending across the board and profit.
**** this, I'm running for President next go around. Even I can get this simple idea down.
The dems have said they want to raise taxes for anyone making over $250,000 a year and even you have said your against that.
dmek25 12-05-2012, 02:17 PM im not against that. seems like something that should have been done before
RedskinRat 12-05-2012, 02:23 PM Where's the flat tax I asked for?
NC_Skins 12-05-2012, 02:46 PM The dems have said they want to raise taxes for anyone making over $250,000 a year and even you have said your against that.
No I haven't.
firstdown 12-05-2012, 02:48 PM im not against that. seems like something that should have been done before
That's because you don't make that much money or have 33 to 35% of your income going to pay federal taxes. That does not even include the other state, property, or sales taxes. Some making a little over $250,000 per year are paying 40 to 50% of their income into taxes. Not sure how anyone could be for that. I know several people who make over $250,000 per year and they work harder then anyon I know and earn every penny they make.
NC_Skins 12-05-2012, 03:17 PM That's because you don't make that much money or have 33 to 35% of your income going to pay federal taxes. That does not even include the other state, property, or sales taxes. Some making a little over $250,000 per year are paying 40 to 50% of their income into taxes. Not sure how anyone could be for that. I know several people who make over $250,000 per year and they work harder then anyon I know and earn every penny they make.
The problem I mostly have are the tax havens and loopholes the ultra rich use to avoid taxes. You have your guys like Mitt dodging taxes like a mofo and paying some stupid rate like 14% or lower (which is why he didn't show his taxes in length).
The guys making 250k aren't dodging taxes, aren't using tax loopholes. (for the most part) Personally, I would move that tax increase to 1 million and then close ALL tax loopholes. It's never going to happen though because the people voting for it are millionaires themselves.
NC_Skins 12-05-2012, 03:27 PM Jon Stewart summarizes GOP budget plan: Jump off the fiscal cliff voluntarily | The Raw Story (http://www.rawstory.com/rs/2012/12/05/jon-stewart-summarizes-gop-budget-plan-jump-off-the-fiscal-cliff-voluntarily/)
Jon Stewart brilliant as always.
JoeRedskin 12-05-2012, 04:11 PM The problem I mostly have are the tax havens and loopholes the ultra rich use to avoid taxes. You have your guys like Mitt dodging taxes like a mofo and paying some stupid rate like 14% or lower (which is why he didn't show his taxes in length).
The guys making 250k aren't dodging taxes, aren't using tax loopholes. (for the most part) Personally, I would move that tax increase to 1 million and then close ALL tax loopholes. It's never going to happen though because the people voting for it are millionaires themselves.
Okay, ignoring the philosophical/ethical issues underpinning the pros and cons on wealth redistribution in this fashion - let's just say we do this. You don't come anwhere near closing the revenue/spending gap. It's barely a start. I haven't googled the numbers but let's just say such a move covers 30% of the revenue/spending deficit (and I think 30% is a huge overstatement).
Where's the other 70% coming from?
That Guy 12-05-2012, 04:36 PM mitt said something like a 50k deduction limit. ending loopholes like farm subsidies for people making over 500k etc wouldn't be a terrible idea either.
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