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Forum Post: taxing the rich

Posted 1 year ago on Dec. 1, 2012, 1:12 a.m. EST by DanielBarton (1345)
This content is user submitted and not an official statement

so we tax the rich at 90% how does that directly help us

20 Comments

20 Comments


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[-] 3 points by Shule (1531) 1 year ago

When the government can increase tax revenue, it can also increase government and private employment proportionally.

The government is the largest employer of people, and buyer of goods in the U.S. Raising taxes on those who can afford to be taxed is the fastest way out of a recession.

[-] 1 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

That would all depend on how those taxes were used. Don't ya think?

[-] 0 points by hchc (3297) from Tampa, FL 1 year ago

Tax em all you want. The Fed has given wall st over 3 Trillion in the last 4 years.

Until that is dealt with, that our national currency is run by criminals, then nothing else economics wise really matters.

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[-] 1 points by highlander (-163) 1 year ago

10-15% across the board with no deductions. the federal government would have to cut spending by, say, 5% as well

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[-] 1 points by highlander (-163) 1 year ago

It is called putting everyone in the game.

[-] 1 points by VQkag2 (16478) 1 year ago

Too regressive. No taxes for the lowest income, Lowtax on working class, And soak those greedy, do nothing wealthy.

"It's the only way"

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[-] 1 points by VQkag2 (16478) 1 year ago

Sounds ridiculous.

No taxes for the poor, Low taxes for the low income working class, high taxes on the wealthy.

That is Progressive.

Ya with us?

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[-] 1 points by VQkag2 (16478) 1 year ago

Sounds a little convoluted.

No taxes on the poor, low taxes on the working class, high taxes on the rich.

Govt size can be small if we start by cutting the wasteful military by 50%.

Are you with that?

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[-] 1 points by VQkag2 (16478) 1 year ago

We agree. "Right makes Might"! AL.

There are a number of ways to cut the defense budget without risking our safety. There are real benefits economically, & internationally to refocusing our foreign policy.

So let's take that agreement and run.

[-] 1 points by Shule (1531) 1 year ago

I always advocated increasing the size of our regular military, and then drastically cutting back on the defense department's use of contractors for an overall savings. The costs come when the military replaces a well disciplined soldier compensated at $50,000/yr with an overweight contractor costing $150,000/yr.

Of course greatest savings can be realized when our politicians stop making wars our soldiers then have to fight which usually also involve making big $$$ payouts for bribing alliances.

[-] 0 points by richardkentgates (3269) from Fort Walton Beach, FL 1 year ago

Careful with those $3 words :D

Lettuce not forget all non-entitlement related subsidies, such as subsidizing equipment for communication companies and Big Energy.

[-] 1 points by VQkag2 (16478) 1 year ago

Definitely cut all corp welfare, And any waste, fraud, & abuse of course.

[-] 1 points by billybelch (10) 1 year ago

He won't answer me, man :(

[-] -1 points by billybelch (10) 1 year ago

Quick question:

do you agree with the sentiment "no taxation without representation" currently used by DC voting rights advocates?

[-] 1 points by VQkag2 (16478) 1 year ago

Sure. Why? Do you?

[-] 0 points by billybelch (10) 1 year ago

Yep.

Does it then infer that a person's federal voting rights are due to the fact that they paid federal taxes? If not, what does taxation have to do with voting rights?

[-] 1 points by VQkag2 (16478) 1 year ago

You should not be taxed without having the right to vote. But you don't HAVE to be taxed to have the right to vote.

The right to vote belongs to all citizens over the age of 18.

Does that clear it up for you?

[-] 1 points by billybelch (10) 1 year ago

Not really. It just seems like saying "I paid my taxes, so I should have the right to vote" is the same as saying "I brushed my teeth this morning, so I should have the right to vote" if paying taxes does not infer the right to vote.

[-] 2 points by VQkag2 (16478) 1 year ago

This ridiculous. If the govt forces us pay taxes we should have a say in that govt.

Does the govt tell you to brush you teeth.? If they did you would have a good comparison and I would say no teeth brushing without representation.

Understand the difference of not being forced.

[-] -1 points by RedDragon (-161) 1 year ago

It doesn't help you at all - what it does is cover the ineptness of government; this country is broke; nationwide virtually every state and municipality is indebted beyond ability to leverage. This is a managerial disaster; if the rich managed their money the way this government manages ours, this country would have gone belly up years ago.