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[SECats]

Top 5% of money earners pay 64% of the income taxt paid in the USA, yet they occupy only 26% of households with a median income of $267,800 annually.

BTW....Julian Castro is a rising star in the Democratic Party?  LOLOLOLOLOLOLOLOLOLOL  The future looks bright for the GOP!  

[zartan]

The worst thing that could happen for the GOP is to get elected

[JDawg]

To add something slightly off topic... I just find it really hypocritical that democratic politicians, many who are uber wealthy in their own right, lead an assault against other wealthy individuals.

[zartan]

JDawg, on 05 September 2012 - 09:07 AM, said:

To add something slightly off topic... I just find it really hypocritical that democratic politicians, many who are uber wealthy in their own right, lead an assault against other wealthy individuals.

What's the assault? Suggesting that they don't need more tax breaks? If they are willing to back policies that would hurt their own wallet for the good of the country, what's wrong with that?

[Dawgfan4life24]

JDawg, on 05 September 2012 - 09:07 AM, said:

To add something slightly off topic... I just find it really hypocritical that democratic politicians, many who are uber wealthy in their own right, lead an assault against other wealthy individuals.

Did ya did ya see where where Debiie Washedoutman Shultz was talking about Mitt Romneys Cayman Bank accounts when she herself has 2 Swiss accounts. Hippocritial on display heavily with the Dems. Wanna talk about what you do but when you call them out you get , "thats not the point"....course not libbys course not.

Heard last night Obama hasnt done anything he promised like lower unemployment, or the debt, or people on entitlements because he didnt get any help from the Republicans... A governor or former govenor said that last night talking to Sean Hannity. Its Republicans fault Obama didnt get shit done. Even tho Obama goons owned the House and Senate his first two years in office. One word for this administration.... J-O-K-E

Edited by Dawgfan4life24, 05 September 2012 - 09:30 AM.

[nova]

zartan, on 05 September 2012 - 09:16 AM, said:

What's the assault? Suggesting that they don't need more tax breaks? If they are willing to back policies that would hurt their own wallet for the good of the country, what's wrong with that?

What's wrong with it is it's pointless class warfare bullshit like I've explained to you a dozen times already.  It's just another chapter in the modern US history of politicians promising to give people everything they want while "someone else" pays for it.  What's even worse is that anybody that graduated 5th grade can do the math and see it will do very little to fix the problems.  Fact is, if you want to fix the fiscal problem with revenue, then it's the middle class who will have to pay.  Period.  End of discussion.  The math simply doesn't lie.

And ultimately, the problem with "fixing" things by increasing revenue is that politicians have never met a dollar they didn't think could be better spent elsewhere, only to find other "vitally important" things to have to borrow more money for.  Look at the damn Europeans.  VAT on top of income tax on top of excise tax on top of this tax and that tax, and they're still ing bankrupt because virtually everytime you increase revenue by X, politicians are going to increase spending by (X + Y).

Oddly enough the only Euro country in really good shape is Switzerland and that's because their spending and taxes are constrained by their Constitution, forcing them to live within their means....

[Dawgfan4life24]

SECats, on 05 September 2012 - 07:15 AM, said:

Top 5% of money earners pay 64% of the income taxt paid in the USA, yet they occupy only 26% of households with a median income of $267,800 annually.

BTW....Julian Castro is a rising star in the Democratic Party?  LOLOLOLOLOLOLOLOLOLOL  The future looks bright for the GOP!  

First we have a Hussein in the White House and now libbys are saying Castro may be headed that way as well.  ROFL guess its fitting since the prerequisites for someone being a Presdient have been removed.

[nova]

Dawgfan4life24, on 05 September 2012 - 09:28 AM, said:

Did ya did ya see where where Debiie Washedoutman Shultz was talking about Mitt Romneys Cayman Bank accounts when she herself has 2 Swiss accounts. Hippocritial on display heavily with the Dems. Wanna talk about what you do but when you call them out you get , "thats not the point"....course not libbys course not.

Oh god, an evil offshore bank account.  I really have no idea WTF they expect people to do when our tax code actively discourages people from repatriating income.  The US, the Phillipines and a couple tin pot dictatorships are the only countries on earth who think it's a good idea to levy domestic taxes on top of international taxes  when income is repatriated.  Every other country in the world is smart enough to say, yes please, bring more money back home and spend spend spend.

The end consequence of our policies is that anybody engaged in business overseas will leave money oversease so as not to have their capital unneccessarily eroded...

[Dawgfan4life24]

nova, on 05 September 2012 - 09:31 AM, said:

What's wrong with it is it's pointless class warfare bullshit like I've explained to you a dozen times already.  It's just another chapter in the modern US history of politicians promising to give people everything they want while "someone else" pays for it.  What's even worse is that anybody that graduated 5th grade can do the math and see it will do very little to fix the problems.  Fact is, if you want to fix the fiscal problem with revenue, then it's the middle class who will have to pay.  Period.  End of discussion.  The math simply doesn't lie.

And ultimately, the problem with "fixing" things by increasing revenue is that politicians have never met a dollar they didn't think could be better spent elsewhere, only to find other "vitally important" things to have to borrow more money for.  Look at the damn Europeans.  VAT on top of income tax on top of excise tax on top of this tax and that tax, and they're still :lanekiffin:ing bankrupt because virtually everytime you increase revenue by X, politicians are going to increase spending by (X + Y).

Oddly enough the only Euro country in really good shape is Switzerland and that's because their spending and taxes are constrained by their Constitution, forcing them to live within their means....

Even funnier is that economists estimate raising taxes on the wealthy will earn the government an extra 85 BILLION dollars yearly.  Basically enought money to run this spend crazy Obama administration for ONLY 8 1/2 DAYS... yea well worth it. NOT

[zartan]

I betcha nova wants more money for defense because he and his buddies work in aerospace

[Dawgfan4life24]

nova, on 05 September 2012 - 09:35 AM, said:

Oh god, an evil offshore bank account.  I really have no idea WTF they expect people to do when our tax code actively discourages people from repatriating income.  The US, the Phillipines and a couple tin pot dictatorships are the only countries on earth who think it's a good idea to levy domestic taxes on top of international taxes  when income is repatriated.  Every other country in the world is smart enough to say, yes please, bring more money back home and spend spend spend.

The end consequence of our policies is that anybody engaged in business overseas will leave money oversease so as not to have their capital unneccessarily eroded...

Completely agree with you. Dems are trying to paint Romney as this rich tyrannt with offshore bank accounts thats is thirsty for more money and helping the rich. BS dude is filthy rich and doesnt NEED to be President. He WANTS to be President to help this country out of the disgusting mess that started in 2007 and has been made terribly worse by Obamanomics

[zartan]

nova, on 05 September 2012 - 09:35 AM, said:

Oh god, an evil offshore bank account.  I really have no idea WTF they expect people to do when our tax code actively discourages people from repatriating income.  The US, the Phillipines and a couple tin pot dictatorships are the only countries on earth who think it's a good idea to levy domestic taxes on top of international taxes  when income is repatriated.  Every other country in the world is smart enough to say, yes please, bring more money back home and spend spend spend.

The end consequence of our policies is that anybody engaged in business overseas will leave money oversease so as not to have their capital unneccessarily eroded...

How much do we have to grease these guys to get them to lend money, hire people domestically or keep their accounts at home?

Sounds like they have to recoup everything it would cost plus making a significant profit to consider it.
Extortionist bastards

[Dawgfan4life24]

zartan, on 05 September 2012 - 09:37 AM, said:

I betcha nova wants more money for defense because he and his buddies work in aerospace

No lets cut all of our defenses and allow Iran to put missle launching ships off of our coast. We will save some money but we might as well build a huge ass bullseye on the country. Great logic.

Lets say we cut defense spending in half. Decommison and unemploy half the military.. Then we get attacked by Syria or Iran.  That gonna make you happy/proud of the president. He cut spending so lets ignore the fallout from that?

[Dawgfan4life24]

zartan, on 05 September 2012 - 09:43 AM, said:

How much do we have to grease these guys to get them to lend money, hire people domestically or keep their accounts at home?

Sounds like they have to recoup everything it would cost plus making a significant profit to consider it.
Extortionist bastards

Do you realize that Libbys have accounts overseas too. Why is it ok for them but not for Conservatives?

[nova]

zartan, on 05 September 2012 - 09:37 AM, said:

I betcha nova wants more money for defense because he and his buddies work in aerospace

No actually, I'm a proponent of cutting defense, primarily by not waging war all the time but secondarily by not spending money on useless BS, of which there's a lot in DoD.  Incidentally, both of those policies I support are things that may cost ME my job when it's all said and done...