Poll: Don’t Extend Bush Cuts for Wealthy

Discussion in 'Politics' started by Dick Tuck, Jun 20, 2012.

  1. Dick Tuck
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    Dick Tuck Board Troll

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    Another losing issue for Romney.

    Poll: Don’t Extend Bush Cuts for Wealthy

     
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  2. Skull Pilot
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    Skull Pilot Platinum Member

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    An income of 250K a year does not make one wealthy.
     
  3. midcan5
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    midcan5 liberal / progressive

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    Forty plus years of propaganda has made taxes the number one four letter word in the American lexicon. One has to give republicans and big money credit for this mental maneuver as the love of money is the root of all evil. I didn't make that up either. :lol: Greed has great power, privilege assumes its desert, and so it goes....

    "There is no historical evidence that tax cuts spur economic growth. The highest period of growth in U.S. history (1933-1973) also saw its highest tax rates on the rich: 70 to 91 percent. During this period, the general tax rate climbed as well, but it reached a plateau in 1969, and growth slowed down five years later. Almost all rich nations have higher general taxes than the U.S., and they are growing faster as well." Tax cuts spur economic growth


    "On moral grounds, then, we could argue for a flat income tax of 90 percent to return that wealth to its real owners. In the United States, even a flat tax of 70 percent would support all governmental programs (about half the total tax) and allow payment, with the remainder, of a patrimony of about $8,000 per annum per inhabitant, or $25,000 for a family of three. This would generously leave with the original recipients of the income about three times what, according to my rough guess, they had earned."UBI and the Flat Tax


    The Idolatry of Ideology-Why Tax Cuts Hurt the Economy by Russ Beaton
    Spending Cuts Vs. Tax Increases at the State Level, 10/30/01
    The rich get rich because of their merit.
     
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  4. SniperFire
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    SniperFire Senior Member

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    Tax and spending must be managed by adults.

    Wealth-envy assholes need not apply.

    Shellack the Sequel coming in '12!
     
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  5. mudwhistle
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    mudwhistle Diamond Member

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    The public doesn't know. They've been misled. Asking them their opinion is a waste of time.

    Raising taxes of any kind is bad during bad times. It simply takes money from an already weak economy and compounds the problem.

    Best thing Obama can do is go back to working with Congress and try to solve our debt situation.

    He won't do this. He doesn't like having to actually do his job. Instead all he wants to do is demonize the invisible rich in this country and send out mixed messages about who is rich and who will have their taxes raised.

    In fact, he's planning on raising everyone's taxes.
     
    Last edited: Jun 20, 2012
  6. Claudette
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    Claudette Gold Member

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    I agree.

    He's going to let the tax cuts expire and there ya go.

    More money for the Clowns in DC to waste.

    And of course raising taxes on anyone in this crappy economy ain't gonna help things at all.
     
    Last edited: Jun 20, 2012
  7. Peach
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    Peach Gold Member

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    As many business that profited are depending on the windfall, now part of their budgets, a simple 'end' would be useless, and harm economic recovery. Try amending, with tax cuts only for US citizens and entities.
     
  8. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    The idea of tax cuts for the wealthy had in it the ridiculous notion that if you give more money to the wealthy they would spend it.

    They don't.

    They horde it.

    As evidenced by the stagnant wage of folks who work.

    Productivity went up. The wages of folks responsible for better productivity stayed the same. And the folks at the top's wages went up by as much as 300 times.

    The only thing it seems these folks spend money on..are to put politicians in place that give them tax cuts.
     
  9. healthmyths
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    healthmyths Gold Member Supporting Member

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    Tampa won $10.9 million in federal transportation money that Mayor Bob Buckhorn plans to use for the last segments of the pedestrian path lining the Hillsborough River.

    I live in Tampa and wow... what a neat gift from USA taxpayers...
    at the time the USA sees this headline:
    With their combined ownership of $3.938 trillion of the U.S. government's $10.91 trillion debt held by the public, the Federal Reserve, the Chinese and the Japanese own about 36 percent of the U.S. government's debt held by the public.

    Disgusting and people in Tampa gloating about this additional DEBT transfer!
     
  10. DiamondDave
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    DiamondDave Army Vet

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    The general public would say that they want someone else to pay for services they use?? Say it ain't so

    :rolleyes:
     

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