Boy, Are Americans Not Overtaxed

[thanatos144]

Name one country that has been successful in taxing them selves into prosperity.

Name one country that has prospered without taxation.

See, you're not the only one who can create a strawman.

No taxes, no government. Anarchy. Who's arguing that logic?

Progressives apparently LOL since it is progressives that keep bringing it up.

 

[Skull Pilot]

Why don't you compare our Tax Rates to the Rest of the world?

That is if you really want to make an Educated Assumption about if we are taxed to much or not.

lol

Ok, which countries tax rates would you like to adopt?

None.

I'd like a flat tax of 10% from the first dollar of income on both individuals and corporations. No deductions no exceptions

http://www.usmessageboard.com/economy/233672-its-time-for-a-flat-tax.html#post5599801

 

[Clementine]

What a government loving idiot..

Lakhota probably doesn't pay Federal income taxes so what do they care

I wonder how fond some would be of government if they stopped getting their big refunds each year even though they pay nothing in. Or if government told them they had to do community service for their welfare checks. Illegals are claiming dozens of children on their taxes and getting around $10,000 back each year. Of course, they love government. One doesn't bite the hand that feeds them.

 

[Mr. Peepers]

Londoner, you've hit the nail squarely on the head. This is what I ask myself every day reading these boards. Look at what Monsanto is doing to our food supply - and SUING FARMERS WHEN THEIR TAINTED POLLEN BLOWS INTO THEIR ORGANIC CROP, RUINING IT... SUING FOR "PATENT INFRINGEMENT" and quietly buying up all the seed companies, limiting seed choice. It's terrifying... and they're paying congressmen to pass laws to let them do it. Look at veggie libel laws... if that's not unconstitutional restriction of free speech, I don't know what is.

But what I truly don't understand is this... so you give control of this country over to the uber wealthy and corporations... do you really think they will let you be "more free" to have more choices to do whatever it is you think you "can't" do under a government of our real (human person) peers? I don't think so. Corporations want a dumb, submissive, easily led populace that will work for nothing and use what little they make to buy whatever crap they have to use subsidized GMO corn for this week. Oh wait, that sounds like us right now...

 

[thanatos144]

Why don't you compare our Tax Rates to the Rest of the world?

That is if you really want to make an Educated Assumption about if we are taxed to much or not.

lol

Ok, which countries tax rates would you like to adopt?

None.

I'd like a flat tax of 10% from the first dollar of income on both individuals and corporations. No deductions no exceptions

http://www.usmessageboard.com/economy/233672-its-time-for-a-flat-tax.html#post5599801

Hell I would settle for a 4% sales tax on ALL purchases ....

 

[Mr. Peepers]

So it was low tax that caused government to entwine itself into the housing market and push for loans that couldn't be paid back?????

No, it was at the direct behest of Wall Street. They went to congress and squealed like the little corrupt pigs they are to loosen credit requirements so that they could get more LOANS TO BUNDLE. They were making a killing and they paid large and lovely bribes to congress for this favor.

 

[thanatos144]

So it was low tax that caused government to entwine itself into the housing market and push for loans that couldn't be paid back?????

No, it was at the direct behest of Wall Street. They went to congress and squealed like the little bought pigs they are to loosen credit requirements so that they could get more LOANS TO BUNDLE. They were making a killing and they paid large and lovely bribes to congress for this favor.

Prove that one...Cause It was organizers like Obama who pushed for the programs not Banks that want to make money not lose it.

 

[Oddball]

The anti-tax revolution which was institutionalized under Reagan is the main reason the US is experiencing a protracted crisis.

The goal was explicitly stated as "Starve the Best". The theory was that if you deprive the federal government of money (to make room for tax cuts to the wealthy), the resulting crisis will dry up the money for government programs and regulation. We are currently in the crisis phase.

However, the proponents of this theory missed something big.

Consumer demand was supported for 70 years with the Keynesian model along with a massive infrastructure of Labor and trade policies which protected the wages of middle class consumers. The Reagan Revolution got rid of all of this in order to make room for giving more money/resources to the wealthy. Even Social Security and Medicare boosted consumer spending, that is, when the parents are not bankrupting their children with medical costs, those same children have more money for consumption.

A right-winger might respond: who cares about consumption? Answer: you do. When people buy things, the capitalist has to innovate and add jobs to soak up that buying power. When people don't have money to buy things, the capitalist is forced to cut jobs.

Reagan convinced us to get rid of all the demand centered policies which out more money in the wallet of middle class pockets. Once we did this, there was an increased need for credit. This is why America underwent a massive expansion of household credit starting in the 80s. Eventually, the credit system blew-up - and now we have zero demand. Consumers simply don't have enough buying power to justify the addition of jobs. Of course the Republicans say we can fix this with tax cuts to the wealthy. This won't work because the problem is not on the supply end. This isn't supply side problem. It's a demand problem.

In the 70s, the problem was inflation - so there was a justification for a supply side solution. That is no longer the case.

And let's not even talk about the danger of the "Self Made Myth". We should take a picture of these people in front of the Hoover Dam. They can all sing the chorus "I built my fortune with my own two hands." ******* morons. Every nickel they've ever made can be traced to the technological efficiencies created by the modern industrial state - which was paid for by the public.

Profit has never come from one place. It come from a partnership between government and the market players. Commercial aviation - and all the profits made therein - comes straight out of government funding. Boeing depended heavily on the Pentagon budget. The 80s consumer electronics boom came directly from technology developed by the Cold War NASA/Pentagon. Government provides so many industries with direct R&D along with endless subsidies. And don't kid yourself about what the private sector wants. When a business gets big enough it goes straight to Washington to beg for money and regulatory help. Business craves Washington. Big finance would be nothing without FDIC support - which allows them to take risks on the public's nickel. Big Pharma invested trillions into the Bush congress in order to get 100% of Bush's medicare spending. Indeed, Eli Lilly paid every GOP congressmen on the planet for the right to sell drugs at above-market costs to seniors. Congress basically awarded them a monopoly. And now they're fleecing the public dry.

The private sector isn't represented by John Gault. They LOVE government. They crave Big Brother's subsidies and bailouts. They have paid to fix nearly every large market in the USA. And... what do they do with their profits? They invest into think tanks, mass media, Rush Limbaugh et al ... who use their bullhorn to scream "socialist" at anyone who challenges their ownership of the status quo.

God ******* help us. Republicans don't get it. There is no government. Government is owned by an uber-private sector which has emptied every market of competition, including health care and energy. If you challenge their control of Washington and markets, they scream "fascist, socialist, marxist, gay terrorist illegal alien baby killer." We can't fix it until Republican voters learn to question their information sources. They are in bed with Big Government Conservatism. They don't hate government as much as they think they do. To the contrary, they have been used by concentrated wealth to take over government - and they don't see it.

Psssst...There's a reason our ancestors kicked your asses out of here.

 

[kwc57]

So it was low tax that caused government to entwine itself into the housing market and push for loans that couldn't be paid back?????

No, it was at the direct behest of Wall Street. They went to congress and squealed like the little corrupt pigs they are to loosen credit requirements so that they could get more LOANS TO BUNDLE. They were making a killing and they paid large and lovely bribes to congress for this favor.

Barney Frank (D)

 

[Intense]

So it was low tax that caused government to entwine itself into the housing market and push for loans that couldn't be paid back?????

No, it was at the direct behest of Wall Street. They went to congress and squealed like the little corrupt pigs they are to loosen credit requirements so that they could get more LOANS TO BUNDLE. They were making a killing and they paid large and lovely bribes to congress for this favor.

Was that before or after they paid off Obama???

 

[Seawytch]

Yeah and the CBO just released these figures. Really makes one wonder how much more the leeches really want the wealthy to pay?

I did hear a caller to Hannity one day actually say that he thought the wealthy should pay 90% in tax.
Sheesh. Let us really just start calling these people what they are. Leeches and bloodsuckers.

CBO: The wealthly pay 70 percent of taxes

Wealthy Americans earn about 50 percent of all income but pay nearly 70 percent of the federal tax burden, according to the latest analysis Tuesday by the Congressional Budget Office — though the agency said the very richest have seen their share of taxes fall the last few years.

CBO looked at 2007 through 2009 and found the bottom 20 percent of American earners paid just three-tenths of a percent of the total tax burden, while the richest 20 percent paid 67.9 percent of taxes.

3/10% from the bottom to 67.9% at the top. But the wealthy aren't paying their fair share according to the bullshit handed down from high at the White House and sucked up by the class envy morons who just take and take and take.

CBO: The wealthly pay 70 percent of taxes - Washington Times

The richest 20 paid 69% of the taxes? That same top 20% owns 93% of the Nation's wealth. That doesn't seem right. They should pay more.

 

[RDD_1210]

Name one country that has been successful in taxing them selves into prosperity.

Name one country that has prospered without taxation.

See, you're not the only one who can create a strawman.

Who said there should be no taxes?

Oh, that was you.

Project s'more bout straw, cuz that's fun.

Who said we are trying to tax ourselves in to prosperity? Oh no one. Boy you're slow.

 

[Si modo]

Name one country that has prospered without taxation.

See, you're not the only one who can create a strawman.

Who said there should be no taxes?

Oh, that was you.

Project s'more bout straw, cuz that's fun.

Who said we are trying to tax ourselves in to prosperity? Oh no one. Boy you're slow.

I'm sorry that you cannot understand that so many say we will BE prosperous if we just tax more. Sorta like the OP? The topic?

Moron.

 

[Oddball]

So it was low tax that caused government to entwine itself into the housing market and push for loans that couldn't be paid back?????

No, it was at the direct behest of Wall Street. They went to congress and squealed like the little corrupt pigs they are to loosen credit requirements so that they could get more LOANS TO BUNDLE. They were making a killing and they paid large and lovely bribes to congress for this favor.

Barney Frank (D)

Chris Dodd (D)

 

[RDD_1210]

Well it's for certain that 50% of Americans are NOT overtaxed since they pay zero Federal Income TAx,,

But I thought Obama was overtaxing the middle class? Do you ever care about any of your thoughts making sense?

 

[Skull Pilot]

Well it's for certain that 50% of Americans are NOT overtaxed since they pay zero Federal Income TAx,,

But I thought Obama was overtaxing the middle class? Do you ever care about any of your thoughts making sense?

I thought the people not paying income tax were the poor not the middle class

 

[RDD_1210]

Name one country that has been successful in taxing them selves into prosperity.

Name one country that has prospered without taxation.

See, you're not the only one who can create a strawman.

No taxes, no government. Anarchy. Who's arguing that logic?

Holy **** you idiots are slow.

 

[thanatos144]

Yeah and the CBO just released these figures. Really makes one wonder how much more the leeches really want the wealthy to pay?

I did hear a caller to Hannity one day actually say that he thought the wealthy should pay 90% in tax.
Sheesh. Let us really just start calling these people what they are. Leeches and bloodsuckers.

CBO: The wealthly pay 70 percent of taxes

Wealthy Americans earn about 50 percent of all income but pay nearly 70 percent of the federal tax burden, according to the latest analysis Tuesday by the Congressional Budget Office — though the agency said the very richest have seen their share of taxes fall the last few years.

CBO looked at 2007 through 2009 and found the bottom 20 percent of American earners paid just three-tenths of a percent of the total tax burden, while the richest 20 percent paid 67.9 percent of taxes.

3/10% from the bottom to 67.9% at the top. But the wealthy aren't paying their fair share according to the bullshit handed down from high at the White House and sucked up by the class envy morons who just take and take and take.

CBO: The wealthly pay 70 percent of taxes - Washington Times

The richest 20 paid 69% of the taxes? That same top 20% owns 93% of the Nation's wealth. That doesn't seem right. They should pay more.

So? Do you think that money is yours for some reason????

 

[RDD_1210]

Why don't you compare our Tax Rates to the Rest of the world?

That is if you really want to make an Educated Assumption about if we are taxed to much or not.

lol

Ok, which countries tax rates would you like to adopt?

None.

I'd like a flat tax of 10% from the first dollar of income on both individuals and corporations. No deductions no exceptions

http://www.usmessageboard.com/economy/233672-its-time-for-a-flat-tax.html#post5599801

Why 10%? How did you determine that number?

 

[RDD_1210]

Well it's for certain that 50% of Americans are NOT overtaxed since they pay zero Federal Income TAx,,

But I thought Obama was overtaxing the middle class? Do you ever care about any of your thoughts making sense?

I thought the people not paying income tax were the poor not the middle class

Oh, so 50% of the population are poor then?