tax breaks for the rich vs cuts for the people

[Bern80]

Who pays the vast majority of taxes in this nation?

The middle class, of course.

Their taxes end up supporting the state and local governments far FAR in excess to that paid for the top 1% or even 10%.

EVery time they fill up their gas tanks, or buy their kid a candy bar they're paying taxes that go to keeping their societies going.

Actually this is the myth ed. That taxes/government are what keeps society going.

The myth that the rich pay most of the taxes in this nation is a lie by half TRUTH.

Half TRUTH LIES are, let's face it, something the GOP is particualrly good at inventing.

And the terminally stupid fall for that kind of propaganda because they are, after all, too dense to think beyond the headlines

It isn't a half truth. That the rich pay more in income tax is undeniable. And the lower income brackets pay basically none. Also undeniable. This is why I get so sick a tired of hearing about what's fair in terms of who pays how much in taxes, especially when a pretty good sized chunk of the country is not only not paying any, but is actually getting tax money from the IRS instead. I know because I'm in that group. Between my tax refund and renters refund.

On to the 'other' taxes that you claim make this a half truth; you talk about all the consumption taxes the middle class pays that puts a heavier burden on them. That argument doesn't hold any water either. Unless you want us to believe the rich are immune from having to consume things. The rich are going to have the same consumption needs as the middle class and due to their wealth usually consume more which means they are paying more in taxes in that category as well.

 

[NYcarbineer]

What have the wealthy been asked to sacrifice in this great present and future Era of Sacrifice that is upon us?

Specifically.

The top 10% pay more in taxes than the other 90% combined. They've sacrificed. They've invested. They've risked their money on business ventures, hiring, etc, etc.

With great risk comes great reward. Without great reward, why would anyone take a great risk, such as founding a company like WalMart or Microsoft? Not everyone can be a union gov't employee with a cushy and almost guaranteed lifelong income. Some people roll the dice and start business.

But unless the Great Risk = Great Reward equation, no one would risk inventions, innovations, etc, etc.

You libs just need to get over your extreme envy of the wealthy and realize that.

Innovation and jobs come from rich people and profits. Without that reward, why would anyone do anything more than a stable, gov't union job?

You're insane. Bill Gates wasn't rich when he developed Microsoft.

 

[bucs90]

Who Rules America: Wealth, Income, and Power




Figure 1: Net worth and financial wealth distribution in the U.S. in 2007




In terms of types of financial wealth, the top one percent of households have 38.3% of all privately held stock, 60.6% of financial securities, and 62.4% of business equity. The top 10% have 80% to 90% of stocks, bonds, trust funds, and business equity, and over 75% of non-home real estate. Since financial wealth is what counts as far as the control of income-producing assets, we can say that just 10% of the people own the United States of America.

Um...ok. I don't see the issue.

Lesson learned: In college, focus on learning how to invest, build a business, play a market. DON'T spend your college days learning how to worship Che, smoke weed, vote Democrat, and taking classes on the value of diversity in the workplace.

People who know money, business and investment tend to get rich. People who tend to focus their youth on physical pleasures, social equity or non-money related causes tend to not get rich.

So any of you 21 year olds out there with an Obama/Biden sticker on your bumper, a Che t-shirt, enrolled in "Diversity Studies 101" and watching MTV's show "Skins" every night..........better start looking into an MBA or invest some money from your part time job.

Get it? Don't whine to us when you are 40 and didn't get rich, then demand those that did forfeit more of their earnings to make up for your shortcomings.

 

[NYcarbineer]

fREE aDVICE.. LIBTARDS..





CLASS WARFARE WON'T WORK OUT FOR YA.. IT JUST WON'T

What do you call it when the Rich contrive to take more and more from the working class?

 

[bucs90]

What have the wealthy been asked to sacrifice in this great present and future Era of Sacrifice that is upon us?

Specifically.

The top 10% pay more in taxes than the other 90% combined. They've sacrificed. They've invested. They've risked their money on business ventures, hiring, etc, etc.

With great risk comes great reward. Without great reward, why would anyone take a great risk, such as founding a company like WalMart or Microsoft? Not everyone can be a union gov't employee with a cushy and almost guaranteed lifelong income. Some people roll the dice and start business.

But unless the Great Risk = Great Reward equation, no one would risk inventions, innovations, etc, etc.

You libs just need to get over your extreme envy of the wealthy and realize that.

Innovation and jobs come from rich people and profits. Without that reward, why would anyone do anything more than a stable, gov't union job?

You're insane. Bill Gates wasn't rich when he developed Microsoft.

Um...................dude, thats the point.

He took a risk. He invested any money he had into that. If he failed, that money was lost. Hence the reason it's a "risk". There were thousands of other "Bill Gates" types who failed. 1 of them would get the billion $ reward, and Gates did. Thousands more are trying to do what he did, by using the great risk = great reward idea.

Thats kinda the way innovation and technology get developed. People wanna be wealthy. They try to find something to market. Without that reward, why risk it?

 

[WillowTree]

Then force the right to stop using it willoiw

No. you force the libturds from doing it TruthDon'tMeanShit.

 

[bucs90]

fREE aDVICE.. LIBTARDS..





CLASS WARFARE WON'T WORK OUT FOR YA.. IT JUST WON'T

What do you call it when the Rich contrive to take more and more from the working class?

Most of the ones I know call it "Business Hours". At WalMart it's 24 hours. Lots of places it's called being open from 8-5.

See, the rich can only take from us if we buy their products.

Gov't, however, can just send men with guns.

 

[WillowTree]

fREE aDVICE.. LIBTARDS..





CLASS WARFARE WON'T WORK OUT FOR YA.. IT JUST WON'T

What do you call it when the Rich contrive to take more and more from the working class?

explain how they "contrive"

 

[NYcarbineer]

What have the wealthy been asked to sacrifice in this great present and future Era of Sacrifice that is upon us?

Specifically.

The top 10% pay more in taxes than the other 90% combined. They've sacrificed. They've invested. They've risked their money on business ventures, hiring, etc, etc.

With great risk comes great reward. Without great reward, why would anyone take a great risk, such as founding a company like WalMart or Microsoft? Not everyone can be a union gov't employee with a cushy and almost guaranteed lifelong income. Some people roll the dice and start business.

But unless the Great Risk = Great Reward equation, no one would risk inventions, innovations, etc, etc.

You libs just need to get over your extreme envy of the wealthy and realize that.

Innovation and jobs come from rich people and profits. Without that reward, why would anyone do anything more than a stable, gov't union job?

The question was,

what are the Rich being asked to sacrifice NOW? Now that we all, supposedly, need to sacrifice, you know,

to balance the budget, get the fiscal house in order, the belt tightening, no more living beyond our means...

...THAT Sacrifice.

What are the Rich being asked to contribute to that cause?

 

[Truthmatters]

wealth is all that matters to some.

Their country and their fellow man mean nothing in comparison.


Heres a fact for you.

The people who benifit most from what this country has to over should pay the most for what this country has to offer.


If they dont pay their fair share then this country will have to stop offering them the benifits.

 

[Mini 14]

What have the wealthy been asked to sacrifice in this great present and future Era of Sacrifice that is upon us?

Specifically.

The top 10% pay more in taxes than the other 90% combined. They've sacrificed. They've invested. They've risked their money on business ventures, hiring, etc, etc.

With great risk comes great reward. Without great reward, why would anyone take a great risk, such as founding a company like WalMart or Microsoft? Not everyone can be a union gov't employee with a cushy and almost guaranteed lifelong income. Some people roll the dice and start business.

But unless the Great Risk = Great Reward equation, no one would risk inventions, innovations, etc, etc.

You libs just need to get over your extreme envy of the wealthy and realize that.

Innovation and jobs come from rich people and profits. Without that reward, why would anyone do anything more than a stable, gov't union job?

The question was,

what are the Rich being asked to sacrifice NOW? Now that we all, supposedly, need to sacrifice, you know,

to balance the budget, get the fiscal house in order, the belt tightening, no more living beyond our means...

...THAT Sacrifice.

What are the Rich being asked to contribute to that cause?

Investment.

 

[Bern80]

If they hold 90 % of the wealth then they should pay the most in taxes.

What definition of fair does that fit? Bucs is right. The above is a statement made out of pure class envy. How can one objectively state that a fair distribution of the tax burden is defined by who has attained the most wealth? How is fair to state that the obligation for providing the money for government spending falls
mainly on the wealthy for no other reason than they have it?

 

[WillowTree]

When and if 100 percent of Americans pay a share of the Federal Income tax.. 100% of the time then you can make the arguement that the rich don't pay their share.. The rich pay a share. 50% of youse pay NO share. True story.

 

[Truthmatters]

Then force the right to stop using it willoiw

No. you force the libturds from doing it TruthDon'tMeanShit.

I already have.

Its called the democratic platform.


Now when will the republican party quit trying to squeeze the juice from the seeds in our society and amitt you have to squeeze the fruit instead.

 

[Bern80]

wealth is all that matters to some.

Their country and their fellow man mean nothing in comparison.


Heres a fact for you.

The people who benifit most from what this country has to over should pay the most for what this country has to offer.


If they dont pay their fair share then this country will have to stop offering them the benifits.

Hint: When announcing you're stating a fact, makes sure the statement that follows it is actually a fact.

 

[Mad Scientist]

Infographic: Tax Breaks vs. Budget Cuts






ThinkProgress » Show Me The Money: As Colorado Slashes Funds For Education, Tom Cruise Pays $400 In Property Taxes


Colorado, Gov. John Hickenlooper (D) is proposing a massive $375 million cut to education funding and proposing to close four state parks. Meanwhile, Tom Cruise, whose net worth exceeds $250 million, pays Colorado just $400 a year in property taxes for a 248 -acre property outside of Telluride that he purchased for $18 million.

How does he do it? By manipulating a tax break designed to help struggling farmers. The Denver Post reports

It's not a "tax dodge" when you follow the existing tax laws. Minor detail there.

TM did it ever occur to you to go out and get a job? Did it ever occur to you that maybe you should create a business that gives people what they want and you'd be rich?

Of course you haven't, you don't think that way. You're just a covetous, rotten, unhappy Liberal who can only think of ways to steal from those who have earned their fortunes honestly.

What a miserable wretch you are.

 

[bucs90]

wealth is all that matters to some.

Their country and their fellow man mean nothing in comparison.


Heres a fact for you.

The people who benifit most from what this country has to over should pay the most for what this country has to offer.


If they dont pay their fair share then this country will have to stop offering them the benifits.

Who benefits the most?

Let me ask:

Where else in the world, at any point in history, could a person who is born be absolutely determined to do as little work as possible in his life and be GUARANTEED a free public education, a subsidized apartnemt with dirt cheap rent, free healthcare in the ER, free wireless internet and books at a library, free food stamps, free welfare checks, free protection from crime and fire, and live a life of relative luxury when compared to the other lazy humans in the world?

 

[Oddball]

wealth is all that matters to some.

Their country and their fellow man mean nothing in comparison.


Heres a fact for you.

The people who benifit most from what this country has to over should pay the most for what this country has to offer.


If they dont pay their fair share then this country will have to stop offering them the benifits.

You have a beach house and I don't.

Gimmie your money, you greedy pig.

 

[NYcarbineer]

The top 10% pay more in taxes than the other 90% combined. They've sacrificed. They've invested. They've risked their money on business ventures, hiring, etc, etc.

With great risk comes great reward. Without great reward, why would anyone take a great risk, such as founding a company like WalMart or Microsoft? Not everyone can be a union gov't employee with a cushy and almost guaranteed lifelong income. Some people roll the dice and start business.

But unless the Great Risk = Great Reward equation, no one would risk inventions, innovations, etc, etc.

You libs just need to get over your extreme envy of the wealthy and realize that.

Innovation and jobs come from rich people and profits. Without that reward, why would anyone do anything more than a stable, gov't union job?

The question was,

what are the Rich being asked to sacrifice NOW? Now that we all, supposedly, need to sacrifice, you know,

to balance the budget, get the fiscal house in order, the belt tightening, no more living beyond our means...

...THAT Sacrifice.

What are the Rich being asked to contribute to that cause?

Investment.

Please. Be. Specific.

Let me help you. Conservatives want to balance the budget with NO tax increases, so everything will have to come from cuts. Where in those cuts will the Rich make a share of the sacrifice?

 

[California Girl]

What's this?!?!?!?

Filthy rich liberoidals use every available tax break to avoid "paying their fair share"?!?!???

Well, I'll be dipped!

Tom Cruise is a liberal? How's that?

His political contributions might be a clue to his political leanings. Just sayin'.