This taken from an article in 2007? That was 5 years ago. Should we not all be socialists by now? Didnt the republicans take it during the midterms in 2010? Im confused.
Actually, the problem is people who can't do simple math. They want all the Happy Days, Eisenhower era goodies like paved roads, police protection, fire protection, good schools, EMS service but don't want to pay for them. Our tax rate is much too low, but the thieves and tax cheats currently in control of the RNC have convinced the barefoot, unwashed masses they should be paying even less, and trickle down VooDoo will magically erase the National Debt. The Republican Party has been turned into the biggest bunch of want something for nothing whiners simply because they can't do the math.
Now that makes sense to me. We are paying the lowest taxes in 60 years, and the last time this country was really thriving was under Clinton, when taxes were much higher for everyone. I want to know where all this free stuff is cause it sure isn't coming my way! Here in lies the problem in this country. Anyone with an agenda going out of their way to convince us that we are not the united states of america anymore and that half of us are nothing but deadbeats who want free stuff! And they say there is no such thing as class warfare or corporate welfare to boot. sigh, and the beat goes on.
I have to agree that an article from 2007 doesn't really prove a point about today's Congress. Heck, that was a year before Obama was even elected the first time.
While there are definitely things I would like to see changed, I don't buy into the whole "socialism" fear mongering.
"With the control of Congress formally shifting to the Democratic Party last month, the CPC is growing in size and influence. It is shifting into high gear and intends to bring its revolutionary vision to all of America."
This is along the same lines as the claims made following Norquist's comments...the "list" that claimed the repubs would basically undo all of our civil rights progress. Just nonsense. I'm sorry, but I don't think either party has the kind of power some are willing to give them.
We have to stop fueling this kind of fire...it only deepens the party divide.
Oops, I just realized someone may have posted and been deleted. Sorry if I reacted to hastily.
If all the tax evaders who have their money stashed in the Caymans and Zurich were paying their share, our nurses and teachers would be doing their jobs instead of walking a picket line for a living wage.
Personally, not a huge fan of Socialism. Even though the countries, like Sweden, that are nominally Socialist are better educated and healthier than we are, they give up a huge amount of privacy and other freedoms that we take for granted. I'd rather stay a snaggle-toothed, ignorant hilllbilly and keep my freedoms.
But that's just me.
Vance, your purple moustache is showing.
I enjoy your posts - I always have, here and elsewhere.
Mike
I do take offense to the statement that the thieves and tax cheats in the RNC. In all honesty, we look for whatever method we can to pay less taxes including loopholes, deductions, etc.
Since this country needs money, I find myself saying that we should go ahead and tax the rich more. It's a desperate statement on my part. Because my sense of fairness says that those who are rich should not be financially penalizad because leaders of this country have made grave errors.
Because people want to keep what they have does not make them thieves or tax cheats.
This red neck hillbilly wants to keep what she's got and if I have extra, I'll give it to ya but don't appreciate others feeling entitled to it.
I forgot the rest of the quote beyond the thieves and tax cheats but wanted to comment that the further classification of biggest want something for nothing whiners is not something I'd put on Republicans as that is how I see many on the other side.
Please explain to me why you believe that it is sound policy to tax unearned income more preferentially than earned income.
People who work for a living are taxed at a higher rate than people who live off dividends, interest and capital gains
Romney's tax returns showed that he paid roughly 14% federal income tax. I don't make 10's of millions a year but I do pay a significantly higher rate than Romney.
Please, tell me why that's good for this country.
If what he's doing is allowed and legal, I can't see how it's anybody's business. He also contributes a hell of a lot more the charities than most of us EVER will, AND, when he spends his millions, he stimulates our economy.
I'd be willing to bet that ANY person making a statement like yours above would do the exact same thing Romney does with his money if you found yourself a multi millionare. And don't tell me you'd be thrilled with paying 70% or so in tazes because it is the "right" thing to do.
Who cares how a person gets their wealth? If they got an inheritance, or worked the stock market, God Bless them. They are smart to take EVERY deduction and loophole they have coming to them....otherwise they get taxed to death,. I don't care how many millions a person has...they still aren't going to want to just give it away. I don't begrudge people for having what they do.
More power to him/them.
dsert, I agree with you wholeheartedly, Mike that is an excellent question as well. Between the two of you, you pretty much summed it up.
I work hard, damn hard for my money. I have no problems paying more taxes, in fact I feel like this low tax rate has helped get us where we are today. We started two unfunded wars and gave tax cuts across the board during the same time period. Um, Im not a genius, but that was not a real economically smart move any way you look at it. imo
Now the cuts that were deemed temporary need to expire. I guess if ya want to call that a tax increase instead, go for it. Bottom line is before the tax cuts, we were paying more taxes and we were not in this mess. And reform the tax code and do away with the loopholes for all walks of like as well.
I pay more in taxes than someone making less than I do and who have children. NOT FAIR!!!!
It is absolutely fair, and I give to charity as well. NO EXCUSE. And I didnt put anyone out of work in order to do it either. If I am expected to pay more, so is man romney and his ilk.
The money I put into my investments was earned at one time, wasn't it?
It's not just the super rich that want to save on their taxes and while I do agree that the tax code needs to be looked at, I am not sure if a person who saved, did the right thing by living below their means and investing so that when they are elderly, they'll have to rely on assistence less or if they have some major issue come about that they can rely on their own investments to help them rather than depend on others for help. Every extra dollar I give up in taxes is less I can use for that purpose.
I don't have a fancy lifestyle that I'm trying to keep---- but I do appreciate a system that allows me to invest and make some money on it. Call me greedy if you want to, I don't much care. I'm not in my heart. I'm a citizen of this country that earned what I have and do want to keep as much as possible. yep, I do. When I die, it would be great to leave something to my children that I dearly love rather than paying it to taxes for things I don't love. I imagine that wealthy people feel the same way.
OKay, so how about a consumption tax? Do away with income tax completely, and tax everything people buy. Then, the playing field is leveled more, right? If you want something, you buy it and pay the taxes. That also solves the issue of people not paying their taxes, etc.
It wouldn't be perfect, but I think it would be GREAT!
Anytime THAT is brought up, people like to shut it down, I dont get it. Who wouldn't want that extra 30-40% in their pay? Then THEY are in charge of what they do and don't...or can or can't buy.
And I'll say it again--- biggest whiners that want something for nothing are NOT Republicans. We just want to keep what we earn and a system that is fair. Republicans that take advantage of the tax code as written today are not thieves or tax cheats.
How about we pay tax on what we buy on the internet?
How about a flat tax?
Well said, SM.
People yell about equal rights, and such. HOW is it fair to ask only a certain group of people to pay MORE?? Wealthy people aren't entitled to a fair playing field? Especially when our leaders got us into a lot of the mess we're in...you're going to ask them to pay even MORE than they're already contributing a LOT?
What if there WERE no wealthy people? Well, actually, there will be less of them keeping their money here I'm sure. The amount wealthy people pay in taxes is already astronomical. I've gone up and down tax brackets and if you've never experienced it, it's unreal. It could actually break a person.
I know Mike doesn't like personal examples, but oh well. My parents are wealthy..not Romney wealthy, but pretty well off. My dad worked hard, and invested a LOT in the market. He utilizes every deduction and loophole he can and is STILL paying an obscene amt in taxes.
Some of his investments, basically get taxed twice. Now, my parents wouldn't fall into that top 1%, but if they did, it would NOT be fair. A LOT of the money they have is from investments...that doesn't count? That's less "honorable" somehow than income from a paycheck? That's offensive. My dad worked hard to save, to work the market, he took losses, you name it. HE'S the kind of person who stimulates our economy. They're generous to a fault with charities, they're not extravagant, but they obviously buy things like a house, cars, investments, etc.
My dad has every right to hold onto his money, the same way everyone else would. He worked hard for it, both at a 40 yr long job, abnd through investing.
How about a flat tax? .
That's kind of what a consumptiono tax is...you pay taxes on anything you consume. There have been models made, if everyone paid a flat like 10% tax on anything purchased, it would generate the same, if not more than income tax would...plus, you can't get any fairer than that!
A flat tax?
Gee, why didn't I think of that?
Brilliant!!!!!!!!!!!!!!
Oh, I'm not claiming to know what we should do or to be an expert and definately take the hint that this is well known here but am not certain why it is a bad thing to want to pay as little taxes as possible. I'm one of those tax cheats and thieves I guess.
Pfffft.
NO need to be so rude.
I was actually trying to have a reasonable discussion. OBVIOUSLY a flat tax isn't something SM or I came up with ourselves, and this is the first time anyone is hearing it.
Whatever.