Why hasn’t Obama taxed the rich?

Discussion in 'Politics' started by Euro, Feb 1, 2012.

  1. Euro
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    Euro Senior Member

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    I’ve heard Obama speaking about taxing the rich, why hasn’t he?

    If the rich are taxed harder they’ll start working more. At the same time the government can use the extra tax income to employ people, building roads,bridges etc. maintain buidlings. Then they can employ construction workers and increase the demand.

    The tricke-down concept dosen’t work since the rich aren’t spending money to keep the demand up. With more taxes the rich will also start working more.
     
  2. Caroljo
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    Caroljo Gold Member

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    Or they'll just make changes so they don't need as many people & lay them off so that'll help take care of additional taxes they need to pay.

    Either way....you should know by now Obama is all talk. I don't and won't believe anything he says until he actually does it.
     
  3. DaGoose
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    DaGoose Gold Member

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    You've defined the problem. Trickle Down doesn't work nor was it ever supposed to work. As Reagan's own budget director, David Stockman, said it was a "Trojan Horse".

    You want good, sustained economic growth? Then establish "Trickle UP Economics". If you put more money in the hands of the poor and middle class they will spend it and create the demand that, in turn, the wealthy can make money by producing the goods in demand.

    It's a win-win situation.
     
  4. Stephanie
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    Stephanie Diamond Member Supporting Member

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    what?....... If the rich are taxed harder they will start working more?

    and then the Federal Government can take that money and Employ people?

    How wonderful..we TAXPAYERS get to PAY for MORE Guberment Employees..whoohoo
     
  5. editec
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    editec Mr. Forgot-it-All

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    Article I, Section 8, Clause 1: The Congress shall have power To lay and collect Taxes, ...
     
  6. Warrior102
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    Warrior102 Gold Member

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    Who are the rich? Got a figure, i.e. how much must one earn each year to be considered rich?
     
  7. Skull Pilot
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    Skull Pilot Platinum Member

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    According the the sheep anyone who makes more than you is rich.
     
  8. Rozman
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    Rozman Gold Member Supporting Member

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    And just exactly how do you put more money in the hands of the poor....
    Are you playing Robin hood here?....Raise taxes on the wealthy and give a tax break to the poor...Well from what i hear the poor don't pay taxes...

    Does Obama show up at a sports arena with trumpets blaring as he and Michelle throw
    money into the air.... WTF !:eek:
     
  9. DaGoose
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    DaGoose Gold Member

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    If that happened in the past then maybe those 13 people would not have had to die when the I-35 bridge collapsed in Minneapolis.

    Our roads and airports are falling apart before our eyes. What do you think happens when the producers cannot ship their products because of a crumbling infastructure?
     
  10. Warrior102
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    Warrior102 Gold Member

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    Most of these Food-Stamp Recipient posters probably think anything over $20K a year is rich. Will be interesting to finally get a definition (in their mind).
     

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