Democrats are wrong with their tax argument

[SniperFire]

Conservatives want taxes extremely low, but taxes that low won't pay the bills. So then, conservatives say,

well let's cut all the government spending that we conservatives don't like, and then those low taxes will pay the bills.

The problem with conservatives on this subject is simple - they live in a fantasy world where they think all the nation's fiscal problems are going to be fixed with the implementation of a set of policies that are 100% pro-conservative,

all gain no pain, from the conservative point of view.

Liberals - It's FUN spending other people's money the way we think it should be spent! Let's take more of it!

Conservatives - It's FUN using the labor of others and FUNNER to fire them when we cut their pay, their benefits and make them work overtime without compensating them.

Gee, writing idiotgrams is simple, actually thinking is hard work (try it sometime kwc)

Liberals such as yourself are the least likely demographic to buy a product made by an American worker.

 

[gkjpalmer]

Over the centuries "Rich People" have always been the minority, and they have always done more to denegrate, demonize, oppress and assail the poor.

Rich People justified slavery. Rich People create War. Rich People cause economies to crash.
Rich People funded expeditions to South and North America, and what became of the Native inhabitants? Rich people defined them as "Savages" to justify taking what they had so that they could become richer.

There is nothing more pathetic than a Rich Person, who has had good fortune in this life, to be whining about how unfair everything is to them while they remind everyone of how superior they are in ethic, work, intelligence and moral rightness.

Meanwhile, the majority with a lot less and for the most part just tries to have enough for shelter, food and clothing.

Oh those Poor Rich People who the poor owe so much to!

 

[Chris]

Both Ronald Reagan and Teddy Roosevelt thought Capital Gains and Dividends should be taxed at the same rate as a working man's paycheck.

They thought being able to make money WITHOUT ACTUALLY WORKING was benefit enough....

 

[Chris]

The 400 highest-earning taxpayers in the U.S. reported a record $105 billion in total adjusted gross income in 2006, but they paid just $18 billion in tax, new Internal Revenue Service figures show. That works out to an average federal income tax bite of 17%--the lowest rate paid by the richest 400 during the 15-year period covered by the IRS statistics.

http://www.forbes.com/2009/01/29/irs-high-income-personal-finance-taxes_0129_wealthy_americans.html

 

[SniperFire]

Over the centuries "Rich People" have always been the minority, and they have always done more to denegrate, demonize, oppress and assail the poor.

Rich People justified slavery. Rich People create War. Rich People cause economies to crash.
Rich People funded expeditions to South and North America, and what became of the Native inhabitants? Rich people defined them as "Savages" to justify taking what they had so that they could become richer.

There is nothing more pathetic than a Rich Person, who has had good fortune in this life, to be whining about how unfair everything is to them while they remind everyone of how superior they are in ethic, work, intelligence and moral rightness.

Meanwhile, the majority with a lot less and for the most part just tries to have enough for shelter, food and clothing.

Oh those Poor Rich People who the poor owe so much to!

You really don't get the concept of America.

Perhaps North Korea is open to immigration for you?

 

[initforme]

I'd pay more to buy a product made in america. Those businesses that send jobs overseas to avoid higher labor costs should be looked down upon by those of us who have created good paying jobs for the hardest, most dedicated, most efficient work force in the world, the american worker.

 

[Chris]

There was, in fact, only one time that capital gains were taxed at the same rates that were paid by people who earned their money by working. That was during the years 1988 to 1990, as a result of the Tax Reform Act of 1986 — a law championed by President Ronald Reagan.

 

[Chris]

" We're going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory some of those loophole were understandable, but in practice, they sometimes made it possible for millionaires to pay nothing." ~ Ronald Reagan.

 

[SniperFire]

Everytime the Capital gains tax rate is cut, economic activity and tax receipts to the Federal treasury EXPLODE.

Every time.

Now consider yourself informed, Chris.

 

[initforme]

"You really don't get the concept of America. "

Interesting statement. What is the concept of america?

 

[SniperFire]

I'd pay more to buy a product made in america. Those businesses that send jobs overseas to avoid higher labor costs should be looked down upon by those of us who have created good paying jobs for the hardest, most dedicated, most efficient work force in the world, the american worker.

You might, but I doubt it.

Libtards are the most likely demographic to buy slave-labor wage made product, but are the very first to whine about how the poor American worker is underpaid.

 

[SniperFire]

"You really don't get the concept of America. "

Interesting statement. What is the concept of america?

They didn't teach you that in Detroit city schools, I reckon.

 

[Chris]

Everytime the Capital gains tax rate is cut, economic activity and tax receipts to the Federal treasury EXPLODE.

Every time.

Now consider yourself informed, Chris.

Wrong.

As a percentage of Gross Domestic Product, federal tax revenues are at their lowest point since 1950. Approximately $1.2 trillion of the growth in our federal debt over the last three fiscal years is directly attributable to greatly diminished tax revenues due to tax cuts and recession. We cannot cut our way to fiscal solvency and our obligations will only grow over time. The last time we raised taxes, we ushered in the longest peacetime economic expansion in history, balanced the federal budget and began to actually pay down our national debt.

"We're going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share." - polls included - dwillie's column on Newsvine

 

[SniperFire]

Everytime the Capital gains tax rate is cut, economic activity and tax receipts to the Federal treasury EXPLODE.

Every time.

Now consider yourself informed, Chris.

Wrong.

Prove it.

Your link does not.

 

[Intense]

Both Ronald Reagan and Teddy Roosevelt thought Capital Gains and Dividends should be taxed at the same rate as a working man's paycheck.

They thought being able to make money WITHOUT ACTUALLY WORKING was benefit enough....

I am in agreement with you there, though if that were to happen, working income should come down. Simplify the Tax code, and eliminate a big portion of the IRS.

 

[SniperFire]

What happened when Bill Clinton cut the capital gains tax rate, Chris?

What happened when Reagan cut the capital gains tax rate, Chris?

What happened when JFK cut the capital gains tax rate, Chris?

 

[Chris]

Everytime the Capital gains tax rate is cut, economic activity and tax receipts to the Federal treasury EXPLODE.

Every time.

Now consider yourself informed, Chris.

Wrong.

Prove it.

Your link does not.

Talk about denying reality.

Capital gains taxes are the lowest they have ever been.

Tax revenues as a percentage of GDP are the lowest since the 1950.

You were proved wrong, but you don't have the balls to admit it.

 

[initforme]

Answer the question.."What is the concept of america"? I also never once said the rich should be taxed more. Never. I simply said ALL should get tax breaks. You disagree. Thats fine. Now besides throwing mindless sniveling labels "what is the concept of america." I'm interested to hear as the question is open to interpretation.

 

[Chris]

What happened when Bill Clinton cut the capital gains tax rate, Chris?

What happened when Reagan cut the capital gains tax rate, Chris?

What happened when JFK cut the capital gains tax rate, Chris?

Tax revenues as a percentage of GDP are the lowest they have ever been since 1950.

What's happening now????

Where's the big expansion???

Where's the big increase in revenues???

 

[Chris]

Both Ronald Reagan and Teddy Roosevelt thought Capital Gains and Dividends should be taxed at the same rate as a working man's paycheck.

They thought being able to make money WITHOUT ACTUALLY WORKING was benefit enough....

There was, in fact, only one time that capital gains were taxed at the same rates that were paid by people who earned their money by working. That was during the years 1988 to 1990, as a result of the Tax Reform Act of 1986 — a law championed by President Ronald Reagan.