|
|||||||
|
While you may complain Gates/Microsoft "gets a lot more out of the military than you do", I'll submit they're worth a lot more to society than you are, and they still would be if they paid zero in taxes. “Don’t go around saying the world owes you a living. The world owes you nothing. It was here first.”
― Mark Twain |
|
| 05-05-2012, 01:01 PM | |
|
|
|
Now accepting that half of the taxes is paid by the top 1% and unless you want to shift the tax burden between the top 1 and bottom 99% then half of the increased revenue must come from the top 1%. |
|
|
|
|
|
Then the only logical explanation, whether you understand it or admit it pr npt, is that in increasing revenues, you would like to shift the burden of taxation between the 1 and 99% in favor of the 1%. That is fine. You are not alone. Romney too wants to further decscease taxes paid by the 1%. Good luck to the two of you. (psst...if you did not understand my point after repeating it twice, you could have said so. I would have re-explained it with even easier concepts.) |
|
|
Also, in keeping with what appears to be conventional liberal thinking, you're assuming that the upper bound is limitless. It's not. Set the taxation level for the 1% at 100% representing whatever maximum rate that you deem appropriate. Beyond that the 1% well is dry. Requirements will remain for more taxes. Where does the tax money come from without affecting the relative percentages and percentage increases? The practical reality is that the 1% necessarily becomes the 5%, then the 10%, then the 20%... Again, due to numbers not politics. The whole "1%" thing is rather arbitrary btw having no real basis in tax or economic policy. It's purely a creature of political rhetoric. In that regard, even Obama has given up on representing it as making any significant financial contribution relative to requirements. If you think that you can do so without raising taxes on other than the 1%, expanding the base, and having the relative percentages change as above, then good luck to you.
|
|||
|
1. We need more revenues. 2.1. We keep the relative burden between 1 and 99% the same. 2.2. We change the relative burden between 1 and 99% in favor of the 1%. 2.3. We change the relative burden between 1 and 99% in favor of the 99%. So which of these choices do you recommend? |
|
|
It's not a question of what I or anyone else recommends. It's a matter of reality. Whether he admits it or not at this point in time, Obama also will be choosing 2.2, whether he likes it or not. Again, simply because of the numbers. |
|
|
I have been trying to get you to tell us which YOU would recommend. But for some reason you are not willing to tell us. Oh well. Look, unless you change the distribution of tax burden significantly, the cold math tells us that roughly half of the new revenues must come from the top 1%. But some feel the need to regurgitate the old crap that raising taxes on the super rich results in amounts that are a drop in the bucket. Simple and indisputable math shows that that is a lie. |
|
|
btw, everyone knows only evil Republicans who love the rich and hate the poor cut capital gains taxes, right? ...wait, but Clinton cut them bigtime. hmm. How do tax cuts choke off the economy? Bush cut taxes, and unemployment fell for like three years straight and revenues increased. And why did Obama and Dems continue those tax cuts, and why is there fear now of those cuts expiring again? Joe Biden says Buy a Shotgun! Wackiness ensues! [youtu.be]
Keynesians have "stimulus spent" $16 trillion dollars. Where are the jobs? Are you on Obama's Little List? [youtube.com] The biggest tax no one talks about [washingtontimes.com] "George Ought to Help" [youtube.com] Keynes vs Hayek economics rap battle [youtube.com] How the GOP stole the nomination [examiner.com] |
||||
|
But more seriously....while not an outright admission, it seems that you are agreeing that it is indeed unfair that the Romneys pay a lower tax rate than salaried people who make a lot less than them. |
||
|
All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work. — Calvin Coolidge
"Under Barack Obama, the only 'change' is that 'hope' is hard to find" - Marco Rubio |
|
| Thread Tools | Search this Thread |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| How you Know Newt Had A Bad Week | MadisonAlexa | The Podium | 2 | 12-19-2011 12:12 AM |
| FINITO: Herman Cain's POTUS Campaign ends after Numerous sexual accusations are leveled against him, yet he is still in denial to the end | Ryu-bom | The Podium | 679 | 12-08-2011 02:57 PM |
| Conservative Republican appointee wants to make sex before marriage a crime | jeba9999 | The Podium | 8 | 03-27-2011 09:42 AM |
| The more things change, the more they stay (exactly) the same... | lattiboy | The Podium | 11 | 08-07-2010 07:39 PM |
| Sean Hannity Disengenuious, at Best; Sean claims Sherrod resigned before Sean's Fox News program aired, but did she resign before Sean's radio show? | Rainmaker | The Podium | 12 | 08-01-2010 11:14 AM |