OohPooPahDoo
Gold Member
It'll never be enough, will it? Obama wants to raise the marginal tax rate up to about 40%, so revenue goes up about 70 bilion/yr, if that. Well whoop-de-fuckin'-do, out of a 1.6 trillion deficit this year now we're down to 1.53 trillion, boy that really helped. And he wants to raise the Medicare tax rate and the ceiling for Social Security, and who knows what else. You want this, raise taxes on the rich to pay for it. You want that, raise taxes on the rich to pay for it. Do you not know that if we took every frickin' dime they made this year it still wouldn't cover the deficit?
What would this country be like if we raised taxes back to 90%? You really think thise rich people are just going to quietly pay it? You don't think they'll park it offshore by any means, legal or otherwise? Where the blue blazes fuck do you think you're going to get entrepeneurs, innovators, and new investors if the tax rate is so high that it literally ain't worth it to do business here? Do you not realize we live in a global economy, and if foreign investors can't make enough money here cuz of the fuckin' tax rates that you dumb bozos want to raise that they'll go elsewhere? And American investors with wealth will do the same. You really want to be a bigger Greece? Well if we followed your path that's where we'd end up.
He wants us to pay taxes on taxes. Making all income subject to SS and Medicare means we pay income taxes on those taxes as well. el
We already do. The employee paid half of FICA is not presently tax-deductible, only the employer paid half is.