72% of American favor the Buffett Rule

[Meister]

This meme is running on empty.

Deficits are only created when you spend what you don't have. The 'Buffet Rule' Obama pushes is weak demagoguery which does nothing to close deficits.

Only way to close deficits is to stop spending what we don't have.

Prepare to give up some of your freebies and get a job.

Running on empty? Perhaps you ought to try and keep up.

Fairness is not demagoguery. The majority of Americans don't have the luxury of setting up off-shore accounts, and understand that those with the most discretionary income ought not be paying lower taxes than the rest of us.

What the hell is this FAIRNESS crap?? Who says anyone has to be FAIR?

You get where you are in life with hard work and get up and go.

We all know that some of the rich in this country inheritied their wealth but I think there are many more who EARNED their wealth.

Why should they pay more because they had the smarts, determination and drive to make money??

You want social justice then move to Cuba or Venzuela. You can all share the same tarpaper shack and thank Daddy Fidel and Uncle Hugo for everything you get.

Just think. You can all be social equals and live in that wonderful utopia. You won't have to bust your ass because you'll get the same as the guy that doesn't.

Even in those countries you have the elite rich. It's just that the middle class will never be able to attain wealth. That is what this country is striving for?

 

[Jarhead]

Running on empty? Perhaps you ought to try and keep up.

Fairness is not demagoguery. The majority of Americans don't have the luxury of setting up off-shore accounts, and understand that those with the most discretionary income ought not be paying lower taxes than the rest of us.

What the hell is this FAIRNESS crap?? Who says anyone has to be FAIR?

You get where you are in life with hard work and get up and go.

We all know that some of the rich in this country inheritied their wealth but I think there are many more who EARNED their wealth.

Why should they pay more because they had the smarts, determination and drive to make money??

You want social justice then move to Cuba or Venzuela. You can all share the same tarpaper shack and thank Daddy Fidel and Uncle Hugo for everything you get.

Just think. You can all be social equals and live in that wonderful utopia. You won't have to bust your ass because you'll get the same as the guy that doesn't.

Even in those countries you have the elite rich. It's just that the middle class will never be able to attain wealth. That is what this country is striving for?

lol...they just dont get it.

 

[Dick Tuck]

And only left wing morons want to each children for breakfast....an argument that is about as meaningful as yours.

Do you have some kind of point? Your sentence is unreadable. The fact remains that the Bush tax cut to those with the most discretionary income was funded with debt.

My apologies, I thought you were a little more advanced than that.

Your comment about right wing ideologues is simply stupid. Nobody gets up in the morning and says, I want to screw future generations (well Obama may be an exception). They do get up and say, we are not funding more government horsecrap directed by the losers we call congress. And we do believe that tax cuts help stimulate the economy. And since we are not as prone to envy as you are, we really don't care how they do.....we only care how we do.

You will not find me in GWB's fan club. Yes, it was funded with debt. And so were the wars. He will be seen in history as being ALMOST as bad as Obama.

So you admit that the tax cut that took us off the path of paying down debt was idiotic. I agree. As for tax cuts stimulating the economy, I call bullshit when people like Mr. Etch-a-Sketch can simply move his discretionary income off-shore to avoid taxation. You'd be better off giving those breaks to the people who spend it at McDonald's and Starbucks, or even the GoodWill thrift stores.

 

[Dick Tuck]

When those with the most discretionary income are able to use things like off-shore accounts to wind up paying lower tax rates on income than their secretaries, fairness is an issue to most Americans.

And when Democrats describe someone who makes $400K a year simply as a "secretary," you know that being "fair" has nothing to do with their objective in any way.

So you're in favor of the 1% using things like off-shore accounts to avoid taxes, and the strain it puts on America's future. Fairness has everything to do with it, and 72% of the American people agree.

 

[Dick Tuck]

Running on empty? Perhaps you ought to try and keep up.

Fairness is not demagoguery. The majority of Americans don't have the luxury of setting up off-shore accounts, and understand that those with the most discretionary income ought not be paying lower taxes than the rest of us.

What the hell is this FAIRNESS crap?? Who says anyone has to be FAIR?

You get where you are in life with hard work and get up and go.

We all know that some of the rich in this country inheritied their wealth but I think there are many more who EARNED their wealth.

Why should they pay more because they had the smarts, determination and drive to make money??

You want social justice then move to Cuba or Venzuela. You can all share the same tarpaper shack and thank Daddy Fidel and Uncle Hugo for everything you get.

Just think. You can all be social equals and live in that wonderful utopia. You won't have to bust your ass because you'll get the same as the guy that doesn't.

Even in those countries you have the elite rich. It's just that the middle class will never be able to attain wealth. That is what this country is striving for?

When you have a taxation system where the middle class pays a higher percentage of disposable income to keep the country moving, you're correct. That does make it harder for people to invest and generate their family wealth.

 

[Jarhead]

When those with the most discretionary income are able to use things like off-shore accounts to wind up paying lower tax rates on income than their secretaries, fairness is an issue to most Americans.

And when Democrats describe someone who makes $400K a year simply as a "secretary," you know that being "fair" has nothing to do with their objective in any way.

So you're in favor of the 1% using things like off-shore accounts to avoid taxes, and the strain it puts on America's future. Fairness has everything to do with it, and 72% of the American people agree.

Off shore accounts?

We are talking higher cap agins tax and higher income tax rates....not loopholes.

Closing loopholes is exactly what Romney is talking about....like Reagan did....(I guess OBama was just too stupid to realize that when he tried to compare his plan with Reagans).

You guys dont want to close loopholes cause you want to use them if and when you can.

You just want to tax the "other guy" more.

 

[Katzndogz]

Fairness is an issue only to the very hard left. Most people all over the world not just here don't care about fairness and fairness is not a goal. Most people think "I'm okay, I don't care how you are". They do not care that the rich have more. They do not care that the poor have less.

Fairness might be the epitaph of the obama administration. People don't vote for fairness. They vote for their own interests. When John Q sits down to figure out whather he can buy a new car or not, the Q family never thinks about some rich guy having so many cars he needs an elevator to store them in the 3 story garage. They never think about the bum in the alley who doesn't have a car at all. They are concerned only with themselves and how well they are doing. Fairness to them means, they don't get a car at all until the bum has his fair share of cars.

Romney has taken a big jump and pulled ahead of obama because people vote their own interests not for fairness. When John Q gets paid he sees the chunk of taxes taken out. Mrs. Q knows what prices at the store really are. They don't see it as fairness. They see their sacrifice (and it is a sacrifice) as paying for the government to party it up, throw their money around and pay for government employees to go whoring.

If the government is going to waste the public money, they have too much money to waste. That's the way most people think about it.

That's why obama is failing and why his whole administration will be gone in a few months.

 

[Jarhead]

What the hell is this FAIRNESS crap?? Who says anyone has to be FAIR?

You get where you are in life with hard work and get up and go.

We all know that some of the rich in this country inheritied their wealth but I think there are many more who EARNED their wealth.

Why should they pay more because they had the smarts, determination and drive to make money??

You want social justice then move to Cuba or Venzuela. You can all share the same tarpaper shack and thank Daddy Fidel and Uncle Hugo for everything you get.

Just think. You can all be social equals and live in that wonderful utopia. You won't have to bust your ass because you'll get the same as the guy that doesn't.

Even in those countries you have the elite rich. It's just that the middle class will never be able to attain wealth. That is what this country is striving for?

When you have a taxation system where the middle class pays a higher percentage of disposable income to keep the country moving, you're correct. That does make it harder for people to invest and generate their family wealth.

it just means the middle class is not capitalizing on things they should be.

Maybe putting money in a taxc deferred 401K or IRA is a better bet than buying a 52 inch TV for the den?

FYI....many...MANY....MANY....middle class Americans buy 52 inch TVS.

 

[Katzndogz]

What the hell is this FAIRNESS crap?? Who says anyone has to be FAIR?

You get where you are in life with hard work and get up and go.

We all know that some of the rich in this country inheritied their wealth but I think there are many more who EARNED their wealth.

Why should they pay more because they had the smarts, determination and drive to make money??

You want social justice then move to Cuba or Venzuela. You can all share the same tarpaper shack and thank Daddy Fidel and Uncle Hugo for everything you get.

Just think. You can all be social equals and live in that wonderful utopia. You won't have to bust your ass because you'll get the same as the guy that doesn't.

Even in those countries you have the elite rich. It's just that the middle class will never be able to attain wealth. That is what this country is striving for?

When you have a taxation system where the middle class pays a higher percentage of disposable income to keep the country moving, you're correct. That does make it harder for people to invest and generate their family wealth.

Except that isn't true. We have a progressive tax system where the more you make the more you pay in taxes. That's why the proposed increases are not on income. The rich already pay 77% of taxes. The proposed increases are on capital gains taxes which will stymie investments.

 

[Dick Tuck]

And when Democrats describe someone who makes $400K a year simply as a "secretary," you know that being "fair" has nothing to do with their objective in any way.

So you're in favor of the 1% using things like off-shore accounts to avoid taxes, and the strain it puts on America's future. Fairness has everything to do with it, and 72% of the American people agree.

Off shore accounts?

We are talking higher cap agins tax and higher income tax rates....not loopholes.

Closing loopholes is exactly what Romney is talking about....like Reagan did....(I guess OBama was just too stupid to realize that when he tried to compare his plan with Reagans).

You guys dont want to close loopholes cause you want to use them if and when you can.

You just want to tax the "other guy" more.

Closing loopholes like eliminating mortgage interest deductions, in the midst of the worst recession since '48, caused by the collapse of the housing industry? What did he say about sheltering income using off-shore accounts, like he does? How about dodges like getting bonuses in the form of options?

 

[Full-Auto]

If the top 1% paid 100% tax it wouldn't scratch the surface on our national debt...would barely cause a small blip on the debt clock.

The Buffet rule would raise far less then 1% of Obama's deficit spending. He wants it for two reasons:

1) To divert attention from his abysmal record.

2) To further his class warfare agenda.

To your point it's not even a dent, but it's taking the specific money that goes to create jobs. He is a true ideologue.

No Obama wants the buffet rule passed because he believes that the rich should AT least pay the same tax rates as those in poverty.

You sound pretty stupid considering they pay the higher percentage.

 

[kaz]

When those with the most discretionary income are able to use things like off-shore accounts to wind up paying lower tax rates on income than their secretaries, fairness is an issue to most Americans.

And when Democrats describe someone who makes $400K a year simply as a "secretary," you know that being "fair" has nothing to do with their objective in any way.

So you're in favor of the 1% using things like off-shore accounts to avoid taxes

Yep. That and anything else they can do to starve the greatest threat to American freedom, the American government.

and the strain it puts on America's future

Again we disagree. You think the American government = America. I think the American people do.

Fairness has everything to do with it, and 72% of the American people agree.

Apparently you didn't do the math. That Buffet's secretary is in the top 1%. OUCH...owned...

That's how fucking retarded liberals are. You take someone IN the evil top 1% who coast by paying only 20% of all federal taxes clearly not carrying their weight, call them a secretary, and then use them to ATTACK the top 1%.

Once again, the facts are not friends of liberalism. You are so owned, too funny.

 

[Jarhead]

So you're in favor of the 1% using things like off-shore accounts to avoid taxes, and the strain it puts on America's future. Fairness has everything to do with it, and 72% of the American people agree.

Off shore accounts?

We are talking higher cap agins tax and higher income tax rates....not loopholes.

Closing loopholes is exactly what Romney is talking about....like Reagan did....(I guess OBama was just too stupid to realize that when he tried to compare his plan with Reagans).

You guys dont want to close loopholes cause you want to use them if and when you can.

You just want to tax the "other guy" more.

Closing loopholes like eliminating mortgage interest deductions, in the midst of the worst recession since '48, caused by the collapse of the housing industry? What did he say about sheltering income using off-shore accounts, like he does? How about dodges like getting bonuses in the form of options?

Pay attention...

He does not want to eliminate mortgage interest deductions on first homes....just on second homes (known as INVESTMENT HOMES).
He WILL eliminate the off shore accounts loopholes.
Bonuses in fthe form of options? I guess you never got one if you think that is a "loophole"....how pathetic does that make you? Criticizing somethging you know nothing about?

By the way...you hold against a man the fact that he follows the law as he minimizes his tax burden?

You prefer a man (or woman) who is not the type that would look to save as much money as legally possible?

You consider that an intelligent person?

 

[Jarhead]

And when Democrats describe someone who makes $400K a year simply as a "secretary," you know that being "fair" has nothing to do with their objective in any way.

So you're in favor of the 1% using things like off-shore accounts to avoid taxes

Yep. That and anything else they can do to starve the greatest threat to American freedom, the American government.

and the strain it puts on America's future

Again we disagree. You think the American government = America. I think the American people do.

Fairness has everything to do with it, and 72% of the American people agree.

Apparently you didn't do the math. That Buffet's secretary is in the top 1%. OUCH...owned...

That's how fucking retarded liberals are. You take someone IN the evil top 1% who coast by paying only 20% of all federal taxes clearly not carrying their weight, call them a secretary, and then use them to ATTACK the top 1%.

Once again, the facts are not friends of liberalism. You are so owned, too funny.

Not to mention the fact that our liberal President has his minions referring to the "rule" as the Buffet rule......despite the fact that Buffdet has shorted the US government ONE BILLION DOLLARS in taxes.

Makes me laugh...he sees his supporters as morons.

What is it like to support a man who sees you as a moron?"

 

[Katzndogz]

So you're in favor of the 1% using things like off-shore accounts to avoid taxes, and the strain it puts on America's future. Fairness has everything to do with it, and 72% of the American people agree.

Off shore accounts?

We are talking higher cap agins tax and higher income tax rates....not loopholes.

Closing loopholes is exactly what Romney is talking about....like Reagan did....(I guess OBama was just too stupid to realize that when he tried to compare his plan with Reagans).

You guys dont want to close loopholes cause you want to use them if and when you can.

You just want to tax the "other guy" more.

Closing loopholes like eliminating mortgage interest deductions, in the midst of the worst recession since '48, caused by the collapse of the housing industry? What did he say about sheltering income using off-shore accounts, like he does? How about dodges like getting bonuses in the form of options?

An option is pretty meaningless until it's exercised. It is not like a stock held in an investment account. You don't really know what an option is. An option means you can buy the stock, you don't own it.

Americans should shelter their income anywhere and in any way they can. Treating taxpayers like criminals is the reason why so many Americans are renouncing their citizenship. First we outsourced the jobs to escape the tax stranglehold. Now we're outsourcing people.

You might also be interested in knowing that the mortgage deduction Romney has proposed is for mortgage interest on second or vacation homes that are not rented out or used as a source of revenue. In other words, the homes the rich buy in the Hamptons.

 

[Crackerjack]

So you admit that the tax cut that took us off the path of paying down debt was idiotic. I agree. As for tax cuts stimulating the economy, I call bullshit when people like Mr. Etch-a-Sketch can simply move his discretionary income off-shore to avoid taxation. You'd be better off giving those breaks to the people who spend it at McDonald's and Starbucks, or even the GoodWill thrift stores.

At least you can recognize the fact that higher taxes scare money out of the country. That doesn't generally do good things to the economy, by the way.

 

[boilermaker55]

Your an ignorant lemming... Its truly sad

At least I know how to spell "You're."

REALLY...? Who the fuck cares??

well with your statement about the other poster being ignorant and you don't know the difference between your and you're.
You should care if you are accuse someone else of their faults.
It shows your ignorance on both areas.

 

[Jarhead]

Off shore accounts?

We are talking higher cap agins tax and higher income tax rates....not loopholes.

Closing loopholes is exactly what Romney is talking about....like Reagan did....(I guess OBama was just too stupid to realize that when he tried to compare his plan with Reagans).

You guys dont want to close loopholes cause you want to use them if and when you can.

You just want to tax the "other guy" more.

Closing loopholes like eliminating mortgage interest deductions, in the midst of the worst recession since '48, caused by the collapse of the housing industry? What did he say about sheltering income using off-shore accounts, like he does? How about dodges like getting bonuses in the form of options?

An option is pretty meaningless until it's exercised. It is not like a stock held in an investment account. You don't really know what an option is. An option means you can buy the stock, you don't own it.

Americans should shelter their income anywhere and in any way they can. Treating taxpayers like criminals is the reason why so many Americans are renouncing their citizenship. First we outsourced the jobs to escape the tax stranglehold. Now we're outsourcing people.

You might also be interested in knowing that the mortgage deduction Romney has proposed is for mortgage interest on second or vacation homes that are not rented out or used as a source of revenue. In other words, the homes the rich buy in the Hamptons.

as soon as he threw in "stock options" as a tax "loophole" I knew what we were dealing with.

If he knew how options as bonuses worked, he would not see it as a loophole. As a matter of fact, many people prefer NOT to get oiptions as bonuses.

We have financial idiots debating finances on here...it makes me laugh.

 

[The Infidel]

At least I know how to spell "You're."

REALLY...? Who the fuck cares??

well with your statement about the other poster being ignorant and you don't know the difference between your and you're.
You should care if you are accuse someone else of their faults.
It shows your ignorance on both areas.

You grammar and speeling Nazi's crack me up.... get back to the topic or STFU okay?

Oh wait, let me spell that out for you Shut The Fuck Up

 

[Dick Tuck]

Off shore accounts?

We are talking higher cap agins tax and higher income tax rates....not loopholes.

Closing loopholes is exactly what Romney is talking about....like Reagan did....(I guess OBama was just too stupid to realize that when he tried to compare his plan with Reagans).

You guys dont want to close loopholes cause you want to use them if and when you can.

You just want to tax the "other guy" more.

Closing loopholes like eliminating mortgage interest deductions, in the midst of the worst recession since '48, caused by the collapse of the housing industry? What did he say about sheltering income using off-shore accounts, like he does? How about dodges like getting bonuses in the form of options?

Pay attention...

He does not want to eliminate mortgage interest deductions on first homes....just on second homes (known as INVESTMENT HOMES).
He WILL eliminate the off shore accounts loopholes.
Bonuses in fthe form of options? I guess you never got one if you think that is a "loophole"....how pathetic does that make you? Criticizing somethging you know nothing about?

By the way...you hold against a man the fact that he follows the law as he minimizes his tax burden?

You prefer a man (or woman) who is not the type that would look to save as much money as legally possible?

You consider that an intelligent person?

So you can document Mr. Etch-a-Sketch's plans? Where? All I have is what he said to the tea baggers, which was eliminating the mortgage interest deduction.

BTW, Your speculation about about what Mittens wants to do with investment property borrowing interest would be a disaster. If I were to use my after tax income, and leverage it with borrowing, to create a business, you're suggesting that reasonable costs, like interest shouldn't be deducted? That's about as much a boneheaded proposal as I've heard.

You're essentially saying that the cost of borrowing is not a legitimate business expense.