Washington Post poll: 72% of Americans say TAX THE RICH!

[Seshmeister]

Ford if you want your micro brews to disappear go ahead with your tax the shit out of the successful program. The guy who makes over $250,000 a year started the brewery, made it a success and now due to the costs of Obamacare and more taxes, shuts down the business and fires the staff. Of course some big corporation will be the benefactor. The micro brews will be gone, the farmer's markets or organic food marts will be gone. They will be taxed to obvlivion while the corporations who pay no tax will mop what little is left up.

I strongly suspect that is toilet talk.

Small businessmen who are doing well i.e. getting to the point of paying themselves $250k will have accountants that avoid tax like fuck.

The more I earned made as a small businessman the less I paid in tax as a percentage.

In the US 1% of the people have 40% of the wealth. Anyone that thinks that is a fair equitable or sensible way to run a society is a twisted fuck and shouldn't come crying when their kids get killed in the revolution. It is not sustainable.

[ELVIS]

So their wealth should be redistributed, I suppose...

Right ??

[Nitro Express]

I strongly suspect that is toilet talk.

Small businessmen who are doing well i.e. getting to the point of paying themselves $250k will have accountants that avoid tax like fuck.

The more I earned made as a small businessman the less I paid in tax as a percentage.

In the US 1% of the people have 40% of the wealth. Anyone that thinks that is a fair equitable or sensible way to run a society is a twisted fuck and shouldn't come crying when their kids get killed in the revolution. It is not sustainable.

I don't think so. You have to be richer than that to bribe your way out of trouble. Much richer. You guys are mistaking the upper middle class for the corrupt mega rich with political ties. I'm sorry but even most millionaires in this country aren't members of the Council on Foreign Relations or know Timothy Geithner. But such people are smart enough to buy Democrat politicians and fan the class warfare flames against people with assets who had nothing to do with the problems in the first place. Then the corporations will come in and mop up what assets they don't already own.

[Nitro Express]

So their wealth should be redistributed, I suppose...

Right ??

Oh yeah, things will be much better then. Yeah when I visited the Soviet Union in 1978 and China in 1980 I thought those systems were so much better and couldn't figure out why we didn't adopt them. Oh yeah, all the boat people in Hong Kong harbor floating up from indo China looked so happy.

[Unchainme]

I agree with Mushroom, Eliminate the damn loopholes, institute a fair or flat tax

Also, why must we punish those that happen to be successful? Is that suddenly going to help me, joe college student, who's come from a upper-middle class family, somehow pay off his student loans? feeling better that some guy who's managing a fortune 500 company is paying 80% taxes, few of it having an impact on me.

fuck no.

[ashstralia]

when you guys talk about 'middle class' 'upper middle class' etc. what does that mean? and what's the next level above 'upper middle class'?

edit; i'm genuinely curious, and rather than google, i'd like one of you to tell me. or perhaps it's a whole other thread?

[Nitro Express]

Elvis is correct on this one, FORD. $250,000 is not rich.

"Tax the rich" is one of those feel good things because people are unhappy with their own financial picture. Raising taxes on the middle class, a much larger tax base, would bring in far more revenue than taxing the rich. That's not what I recommend, however.

Taxing the rich, or rather raising the tax rates for, would not solve our deficit dilemma. Not even confiscating all their wealth would solve it. Now I don't have a problem with raising the tax rates for the wealthy ($250,000 on up, if you insist) up a bit during healthier economic times, but raising them now will hinder job creation. More jobs => more taxpayers => more revenue. Most small business owners claim business profits on their personal tax returns, which I'm assuming you know they're allowed to do. Therefore, the tax code needs to be revamped also, in many ways.

My plumber in a good year makes $250K.

[Nitro Express]

when you guys talk about 'middle class' 'upper middle class' etc. what does that mean? and what's the next level above 'upper middle class'?

edit; i'm genuinely curious, and rather than google, i'd like one of you to tell me. or perhaps it's a whole other thread?

You aren't rich until you make above $500,000. If you make under $20,000 you are poor. The middle class hovers around $80,000 to $120,000. The upper middle class is $120,000 to $300,000. Put it this way, I almost took a job in Seattle for $106,000 and when I went house shopping I declined to take the job because a home in a decent area was out of my range. All the homes I could afford on that were ratty. $250,000 a year in a place like San Fransisco is chicken feed.

[ELVIS]

Regardless, raising taxes on anyone when the federal government refuses to by fiscally responsible is LEWD A CRISSS!!

[ashstralia]

thanks nitro. i make about the same as i did 15 years ago with 2 major differences; then it was 40-50 hours a week now it's less than 20, then i was in a city with large overheads and now i'm in a rural area where it's very cheap to live. so even though my tax status hasn't changed, i'm comparatively far better off.

[ashstralia]

i agree elvis. we pour buckets of money into indonesia every year, and the little bastards still want to blow us up.

[Dr. Love]

Most people don't pay attention...

They know this and that is how the government has overgrown to gargantuan proportions...

Why do you think anyone should pay more ??

How 'bout the government spend LESS!!!

No more nation building...

Reduce military spending...

Cuts can be made but both the retardicans and the dumbocrats refuse to be serious about it...

They know they have the populace locked in the left right game and they have the majority by the balls...

FUCK more taxes...FOR ANYONE!!!

I think spending should be cut, the budget should be capped at 95% of national income and the other 5% (scale the ratio to something sensible) should be used to pay down the debt, with the goal of having the national debt eliminated after 50 years.

That's why I think taxes should be increased; So that we don't cut so deep that it undercuts our ability to function and get ahead while still allowing us to pay off the debt. Once that is done, we can readjust and scale the tax burden accordingly.

And of course, it unfortunately will never happen.

[ELVIS]

It's pathetic...

Our elected leaders have somehow assumed the role of personal managers for most of the populace and I WANT NO PART OF IT!

And I really am starting to think the bankers and federal politicians are dragging us all in to a one world government and a central banking system...

That's why they are trying to strong arm the middle east...

[ELVIS]

The tax raising part will happen...

[FORD]

So their wealth should be redistributed, I suppose...

Right ??

It has been redistributed for the last 30 years. In the WRONG direction.