Shrink the Rich; Not Government

[Oddball]

Just one more note...

Warren Buffett, one of the richest men on the planet, would prefer to pay a little more in taxes than the 16% he pays, especially when compared to the 32% his employees pay on average. He 'gets' it...

http://www.usmessageboard.com/polit...h-with-the-hope-they-spend-does-not-work.html

Sure...Hyper-rich dickweeds can afford it.

Then again, the bulk of Buffet's income doesn't come from productive labor.

Same with the rest in that club.

So Buffett worked hard in his younger days, built an immense business and can live off the residuals of what he created, jut like some shclubb running his corner convenience store would like to do, albeit on a slightly smaller scale.

And your point is?

 

[Quantum Windbag]

Yeah....Earned.

As opposed to expropriated; the favored route of socialistic welfare state parasites.

The richest 10,000 Americans "earn" on average $50,000,000 a year. Any reason they couldn't be just as happy with 30% of $50 million? Especially since most of their income isn't "earned" at all. It's what Adam Smith called the money landlords earn in their sleep.

I love the way some people through out stats like they know what they are talking about. Where did you get this particular stat anyway?

 

[Oddball]

Just one more note...

Warren Buffett, one of the richest men on the planet, would prefer to pay a little more in taxes than the 16% he pays, especially when compared to the 32% his employees pay on average. He 'gets' it...

http://www.usmessageboard.com/polit...h-with-the-hope-they-spend-does-not-work.html

Sure...Hyper-rich dickweeds can afford it.

Then again, the bulk of Buffet's income doesn't come from productive labor.

Neither of those points negate the fact that Mr. Buffett feels that congress has loaded the tax code in this country to place a crippling, unfair burden on the middle class and the wealthy do NOT pay their fair share.

Nobody who knows shit from Shinola is asking for the rich to pay for everything while the middle class sits home watching re-runs of 'Lost'.

The answer is not higher taxes and the answer is not lower taxes - the answer isn't even some sort of class division for taxation - the answer is fair taxes.

The answer is NO TAXES on individual productivity and greatly reduced federal spending, confiscation and redistribution.

There ain't nothing gonna be nothin' more fair than that.

 

[Quantum Windbag]

The richest 10,000 Americans "earn" on average $50,000,000 a year. Any reason they couldn't be just as happy with 30% of $50 million? Especially since most of their income isn't "earned" at all. It's what Adam Smith called the money landlords earn in their sleep.

Any reason in particular you're so arrogant to believe that you can tell others how much of the fruits of their labors they should be happy with?

What labor?

Let me guess, you think being rich is easy.

 

[AVG-JOE]

Just one more note...

Warren Buffett, one of the richest men on the planet, would prefer to pay a little more in taxes than the 16% he pays, especially when compared to the 32% his employees pay on average. He 'gets' it...

http://www.usmessageboard.com/polit...h-with-the-hope-they-spend-does-not-work.html

Sure...Hyper-rich dickweeds can afford it.

Then again, the bulk of Buffet's income doesn't come from productive labor.

Same with the rest in that club.

Same what, exactly?

Same rah rah follow the pied piper attitude that Reagan used to sell the trickle-down theory because Oddball can't spell dick-weed, or same let's dis everyone who doesn't agree, even if it is one of the most respected minds in history with respect to economics and business?

Are you a lemming or a leader?

 

[AVG-JOE]

Sure...Hyper-rich dickweeds can afford it.

Then again, the bulk of Buffet's income doesn't come from productive labor.

Neither of those points negate the fact that Mr. Buffett feels that congress has loaded the tax code in this country to place a crippling, unfair burden on the middle class and the wealthy do NOT pay their fair share.

Nobody who knows shit from Shinola is asking for the rich to pay for everything while the middle class sits home watching re-runs of 'Lost'.

The answer is not higher taxes and the answer is not lower taxes - the answer isn't even some sort of class division for taxation - the answer is fair taxes.

The answer is NO TAXES on individual productivity and greatly reduced federal spending, confiscation and redistribution.

There ain't nothing gonna be nothin' more fair than that.

There's a good idea! NO TAXES.

Never mind that there are now no roads and bridges to get to work on

Never mind that there are now no safety standards in the work place

Never mind that there are now no quality standards for food, water and medicine

Never mind that there are now no courts to settle disputes in the market place

Never mind that there are now no....

I could go on all night - do I need to?​

 

[Oddball]

Neither of those points negate the fact that Mr. Buffett feels that congress has loaded the tax code in this country to place a crippling, unfair burden on the middle class and the wealthy do NOT pay their fair share.

Nobody who knows shit from Shinola is asking for the rich to pay for everything while the middle class sits home watching re-runs of 'Lost'.

The answer is not higher taxes and the answer is not lower taxes - the answer isn't even some sort of class division for taxation - the answer is fair taxes.

The answer is NO TAXES on individual productivity and greatly reduced federal spending, confiscation and redistribution.

There ain't nothing gonna be nothin' more fair than that.

There's a good idea! NO TAXES.

Never mind that there are now no roads and bridges to get to work on

Never mind that there are now no safety standards in the work place

Never mind that there are now no quality standards for food, water and medicine

Never mind that there are now no courts to settle disputes in the market place

Never mind that there are now no....

I could go on all night - do I need to?​

I said no taxes on incomes, not no taxes at all.

Roads and bridges are (supposedly) paid by taxes on fuel and vehicle registration taxes. Likewise for numerous other federal, state and local taxes on activities that you may or may not participate in.

Try reading for comprehension...It'll really punch up your communication skills.

 

[georgephillip]

So you want to shrink the amount of money being generated in the nation and spend more money...? Have you thought this through?

Less rich = less revenues
Less revenues + more spending = higher deficits
Higher deficits = lower credit rating
Lower credit rating = higher interest rates
Higher interest payments = even less money to spend

You are creating a vicious cycle. We dont need wealth redistributed. We need individuals free to pursue their dreams. The stronger we empower individuals. The stronger our government will be. The more you empower the government at the expense of the individuals, the weaker it will be.

Should we follow your recommendations, the ponzi scheme will collapse and we will have generations of debt with no benefits for it.

Do you want to tax Wall Street or continue borrowing from what amounts to a casino where "to big to lose" losers are made whole by your tax dollars?

Consider the possibility that cutting taxes for the richest 2% of Americans will not spur our economy:

"Contra Obama’s pretense, cutting taxes for the rich will not spur recovery.

"The wealthiest 2 per cent do not spend their income on consuming more.

"They invest it financially – mainly in bonds, establishing more debt claims on the economy.

"Giving creditors more money will deepen the economy’s debt deflation, shrinking 'the market’s' ability to spend on goods and services.

"And part of the tax subsidy will be recycled into Congressional lobbying and campaign contributions to buy politicians who will promote even more pro-financial deregulatory policies and tax benefits.

"There still has been no prosecution of banking crime or other financial fraud by large institutions, for example. Nor is there any sign of Attorney General Holder initiating such prosecutions.

Michael Hudson

The vicious cycle was started long before either of us was born. Governments socializing risk and privatizing profits largely through war and bond markets.

Eventually this vicious cycle concentrates wealth to such an extent voting becomes meaningless for 90% of the population.

 

[AVG-JOE]

The answer is NO TAXES on individual productivity and greatly reduced federal spending, confiscation and redistribution.

There ain't nothing gonna be nothin' more fair than that.

There's a good idea! NO TAXES.

Never mind that there are now no roads and bridges to get to work on

Never mind that there are now no safety standards in the work place

Never mind that there are now no quality standards for food, water and medicine

Never mind that there are now no courts to settle disputes in the market place

Never mind that there are now no....

I could go on all night - do I need to?​

I said no taxes on incomes, not no taxes at all.

Roads and bridges are (supposedly) paid by taxes on fuel and vehicle registration taxes. Likewise for numerous other federal, state and local taxes on activities that you may or may not participate in.

Try reading for comprehension...It'll really punch up your communication skills.

You are right. I stand corrected.

At least regarding roads and bridges...

How about workplace safety and courts to sue the bastards who sold you that defective toy that cost you 6 months of productivity and a butt-load of medical bills?

How's this for fair taxes...?

5% sales tax on everything - buy a Ferrari and pay Ferrari tax, buy a 7 year old Ford Fiesta and pay less.

Add to that an income tax of 5% on incomes over $2 million because, let's face it, folks making that much money wouldn't be making it without the infrastructure and market place we all share.​

 

[(R)IGHTeous 1]

This thread should really be called punish success, overfeed momma government.

I've lived near, on, and below the poverty line most my life, and would NEVER want my success and income zapped by rabid, authoritarian, national socialist thieves should I be skillful enough to become rich, all so they can keep the masses addicted to welfare, and devoid of a real future.

The rich have my kudos, and support.

 

[AquaAthena]

"The vast middle class no longer has the purchasing power to keep the economy going. (The rich spend a much lower portion of their incomes.)

That's because they're being taxed into the poor house, asswipe.

And just wait untill they see their new tax hikes as of January 1, 2011, if the Bush tax rates aren't continued.

 

[Avatar4321]

Do you want to tax Wall Street or continue borrowing from what amounts to a casino where "to big to lose" losers are made whole by your tax dollars?

Consider the possibility that cutting taxes for the richest 2% of Americans will not spur our economy:

"Contra Obama’s pretense, cutting taxes for the rich will not spur recovery.

"The wealthiest 2 per cent do not spend their income on consuming more.

"They invest it financially – mainly in bonds, establishing more debt claims on the economy.

"Giving creditors more money will deepen the economy’s debt deflation, shrinking 'the market’s' ability to spend on goods and services.

"And part of the tax subsidy will be recycled into Congressional lobbying and campaign contributions to buy politicians who will promote even more pro-financial deregulatory policies and tax benefits.

"There still has been no prosecution of banking crime or other financial fraud by large institutions, for example. Nor is there any sign of Attorney General Holder initiating such prosecutions.

Michael Hudson

The vicious cycle was started long before either of us was born. Governments socializing risk and privatizing profits largely through war and bond markets.

Eventually this vicious cycle concentrates wealth to such an extent voting becomes meaningless for 90% of the population.

Are you familiar with a false dichotemy? It's when you provide two choices as if they are the only choices and tell someone to choose one.

See I dont like the tax or borrow ideas at all. Both have serious economic limitations. I want to do what any common sense person wants to do: Limit spending.

Thrift, industry, hard work. Those are my values. And the only values that can possibly save us from slavery.

 

[Sallow]

Sure...Hyper-rich dickweeds can afford it.

Then again, the bulk of Buffet's income doesn't come from productive labor.

Same with the rest in that club.

So Buffett worked hard in his younger days, built an immense business and can live off the residuals of what he created, jut like some shclubb running his corner convenience store would like to do, albeit on a slightly smaller scale.

And your point is?

Which is it chief? Labor or no labor?

By the way..he's free as are you to start your own country if you don't like taxes.

 

[The Infidel]

Incase you fucking Becky ass miners have not noticed the wealthy have gained an pantload over the last decade.

Well looks like you had better get busy to catch up you whiney ass liberal

 

[daveman]

10,000 Americans "earn" on average $50 million dollars every year. If I was one I would be more than happy to live of $5million.

You know whose fault it is you're not earning that much money?

YOURS.

No it isn't.

Really? Which particular The Man is keeping him down?

 

[daveman]

Just one more note...

Warren Buffett, one of the richest men on the planet, would prefer to pay a little more in taxes than the 16% he pays, especially when compared to the 32% his employees pay on average. He 'gets' it...

http://www.usmessageboard.com/polit...h-with-the-hope-they-spend-does-not-work.html

What's keeping him from giving more of his money to the government voluntarily?

Hint: Nothing.

 

[The Infidel]

Let me tell you how to get rich in America. It is very simple.
Start working full time at age 18. Go to college at night and weekends. Work 2 jobs while young.
Drive old cars and do not borrow $. 1st residence buy in an older urban neighborhood for a cheap price. Build equity and then move.
DO NOT HAVE CHILDREN UNTIL AFTER AGE 30.
Do not buy cameras, TVs, ANYTHING new until you have at least 50 % equity in your home. Save a dollar here and there and then at age 30 save twenty dollars here and there and at age 40 save a hundred dollars here and there. Before long you will have 100K saved in cash at age 45.
Do not spend $$ on watches, leather coats, ANYTHING faddy ever. Save that $$. Do not ever carry a balance on a charge card. Do not eat at fancy restaurants unless you have 50% equity in your home.
I did all of that and my net worth is over a million now easy in a bad economy. I drive a 1999 Sienna van with 250K on it. I make 1/2 what my neighbor makes and he is broke, owes 200K on his business, 350K on his home and 100K on charge cards. He drives new cars, his wife has an Infinity sports car, his kids wear designer clothes and he has NO $$ for Christmas.
A disciplined American would have to be deaf, dumb and blind NOT to get wealthy here.

 

[Sallow]

You know whose fault it is you're not earning that much money?

YOURS.

No it isn't.

Really? Which particular The Man is keeping him down?

Probably started with Reagan smashing the Unions..on down to Dubya changing overtime rules.

But heck..for the most part if you ain't born into the fraternity of ultra-rich...no real way in.

 

[Sallow]

Sure...Hyper-rich dickweeds can afford it.

Then again, the bulk of Buffet's income doesn't come from productive labor.

Neither of those points negate the fact that Mr. Buffett feels that congress has loaded the tax code in this country to place a crippling, unfair burden on the middle class and the wealthy do NOT pay their fair share.

Nobody who knows shit from Shinola is asking for the rich to pay for everything while the middle class sits home watching re-runs of 'Lost'.

The answer is not higher taxes and the answer is not lower taxes - the answer isn't even some sort of class division for taxation - the answer is fair taxes.

The answer is NO TAXES on individual productivity and greatly reduced federal spending, confiscation and redistribution.

There ain't nothing gonna be nothin' more fair than that.

No taxes..

The fodder of anarchists and communists.

 

[The Infidel]

Probably started with Reagan smashing the Unions..on down to Dubya changing overtime rules.

But heck..for the most part if you ain't born into the fraternity of ultra-rich...no real way in.

Your so full of shit... Reagan didnt crush unions. I wish he had of, but alas... another liberal lie.


As for "no way in".... your a fucking crybaby