The 1% are doing really, really well!

Discussion in 'Economy' started by JimH52, Mar 5, 2012.

  1. JimH52
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    JimH52 Gold Member

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  2. Leweman
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    Leweman Gold Member

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    darn
     
  3. Warrior102
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    Warrior102 Gold Member

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    Just because you're a failure Jim, not everyone else is.
     
  4. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    I think everyone would be better off concentrating on what we can do to improve the situation for the unemployed and lower income folks and stop pissing and moaning about the uber rich. Say you don't extend the Bush Tax Cuts for the top 1%ers, what do you get? 70-80 billion in more tax revenue? If that? How far is that going to go helping out the tens of millions on the other end of the income spectrum? And don't think there are no unintended consequences to such a tax hike on the same people who provide most of the investment capital; economic growth is curtailed, there's no 2 ways about it.
     
  5. Jos
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    Jos BANNED

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    I hear they taste great
     
  6. samjones
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    samjones Member

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    I cannot imagine a worse message to send about the equitability of the tax code. There are so many poor people that you might as well just let the super-rich get super-richer?

    I have to admit, this is the mentality that Mitt Romney will bring to the Oval Office.
     
  7. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    Well, I guess you won't like this either: my mentality is that you get to keep as much of what you earn as possible, supporting gov't only in the functions it is mandated to do under the constitution. Which does not include ANY of the entitlement programs.
     
  8. Douger
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    Douger BANNED

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  9. samjones
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    samjones Member

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    And so you believe that the super-rich are less obligated to contribute to the funding of government entitlement programs than the middle class are?

    I don't understand why taxes should be voluntary for the rich? It seems outright unpatriotic to me that a guy like Mitt Romeny would insist that he shouldn't have to pay his fair share of taxes.

    Why wouldn't the super-rich simply enthusiatically volunteer to pay more in taxes to help the country that has given them so much?
     
  10. Leweman
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    Leweman Gold Member

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    Obama is president ... it must be his fault.
     

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