"America Has Declared War on Success"

Discussion in 'Economy' started by bornright, Apr 18, 2009.

  1. bornright
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    bornright Gold Member

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    With the unreasonable taxes on those that are successful how can anyone think it is anything less that a declaration of war against the successful in this country. We have seen propaganda for some time in the media against the wealthy with exception of the movie industry.

    I have a grandson in school at this time and he makes very good grades. There must be a way to prepare him for this future America. Perhaps he should recieve "time out" when he aces a test. Perhaps we should remove points off his test score and give it to one of the children that does not do the work. Maybe we should all become "C" students.
     
  2. Munin
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    Munin VIP Member

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    There are reasonable taxes on the ones that are rich, they are a reversal of the unreasonable expensive taxcuts from the Bush years. If you want fiscal responsibility, this is the biggest example of it.

    The rich are still making enough money
     
    Last edited: Apr 18, 2009
  3. tigerbob
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    tigerbob Increasingly jaded.

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    That's an interesting observation. I agree that public spending is going to increase taxes dramatically, but to say the US has unreasonably high taxes for those who are successful depends which countries the U.S. is compared against.

    This is a list of higer rate income taxes for selected countries. Would you say the U.S. has more in common with the countries in the first column or the second column?

    For clarity, the comparison rate for the U.S. would be, I believe, 35%

    HIGHEST..............................................LOWEST
    Austria - 50%........................................Brazil - 27.5%
    Denmank - 59%....................................Cyprus - 30%
    France - 40%........................................Czech Republic - 15%
    Germany - 45%.....................................Egypt - 20%
    Greece - 40%.......................................Estonia - 20%
    Ireland - 41%.......................................India - 30%
    Israel - 46%.........................................Indonesia - 30%
    Italy - 43%............................................Latvia - 23%
    Japan - 50%..........................................Mexico - 28%
    Netherlands - 52%.................................Montenegro - 12%
    New Zealand - 39%................................Pakistan - 25%
    Norway - 49%.......................................Romania - 16%
    Portugal - 42%......................................Russia - 13%
    Spain - 43%...........................................Saudi Arabia - 20%
    Sweden - 57%.......................................Sloviakia - 19%
    UK - 40%..............................................Ukraine - 15%

    I know what I think.

    On the other hand I also think that the US is in a very strong position and can attract talent from around the world. Once higher rate taxes are increased too much, the genie is very difficult to get back into the bottle, as was seen in Britain in the 70's.
     
    Last edited: Apr 18, 2009
  4. manu1959
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    manu1959 Left Coast Isolationist

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    i love class warfare.....
     
  5. bornright
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    bornright Gold Member

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    Your definition of what is rich will probably differ from mine but that is not the point. We punish those that are successful in business by huge taxes. The Bush tax cuts were not deep enough. I want fairness in taxation.

    It is not up to you and should not be up to the government to decide if the rich is making enough money or not. Purhaps you wish to have a maximum wage in this country.... I do not. The unemployment will sky rocket even more as Obama raises these taxes on small business.
     
  6. DavidS
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    DavidS Anti-Tea Party Member

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    There were millionaires and billionaires all throughout history when our tax rate was in the 90%s.

    Raising taxes 3% isn't punishing success you moron.
     
  7. B94
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    B94 Member

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    The way the rich, bitch and moan about taxes, is pathetic. :cuckoo:
     
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  8. RodISHI
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    RodISHI Gold Member

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    Would not it be better to be thankful that one made enough to pay taxes than not make enough to really worry about it?
     
  9. mash107
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    mash107 Active Member

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    I'm not rich, neither were our founders. Remember no taxation without representation? An economic fascist like yourself would contend that we are merely puppets on a string of government, and that all of our income is there's, and what's left over we should be grateful for. It is the other way around. Government exists to serve us.. if we don't like it, we have every right to abolish it, as said so in the Constitution and Declaration of Independence.

    Not to mention, income tax is tantamount to slavery for 4 months of the year. How does it feel that you're being forced to work for 4 months for the government so they can line the pockets of the likes of Raytheon, Lockheed Martin, GM, AIG? That's pretty much where your hard earned dollars are going. Don't believe propaganda that it's going to end poverty, because we're certainly poorer today than we were 30 years ago.
     
  10. tigerbob
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    tigerbob Increasingly jaded.

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    No it's not. What's pathetic is those who try to evade them.
     

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