It just seems like such a cop-out to me that everyone blames the government for the bad economy. My dad (who’s never really much cared for the government) was born to a dirt-poor family in the worst year of the depression, has survived over seven decades of government and now lives in a big beautiful house with ample creature comforts and a decent retirement nest-egg..People would do well to pry themselves from the crippling idea that someone other than YOU is always holding you back.
No tax increase on the rich in the amounts proposed has ever affected the economy one way or the other (other than paying off debt, which is good in the long term). It’s the taxes on those who actually make choices based on their taxes (which is the poor and the middle class) that matter. The presidents’ plan, preserving the tax cuts for now for the middle class and preserving the payroll tax cuts, would have made a difference. The Republicans plan would actively HURT job creation by destroying demand, huge tax breaks for the rich, higher taxes and lower benefits on the poor.
comic right, we all know everything is taxed so the president can make 150 billion dollars an hour.
We all know that it is a reasonable decision for a company to reallocate in a muti-billion dollar decision over a 2% tax increase on profit margin, may take 78 years to pay it back but i like a long term thinker
I’m sure millionaires will flee the USA over a 4% tax increase, may already have one of the lowest rates on earth due to deductions and loopholes but hell, i’m sure they will move to Nicaragua and sip wine with drug lords
The truth is that taxation is necessary for services. Many companies receive subsidies from government when hiring new people, or bailouts or protection from financial foreclosure, albeit if it is only in bad times these companies will grovel
Increases and Decreases in top marginal income bracket has never had a significant effect and while it is true that you should not copy France and jump the rate by 25% there has been no studies that show a 2% increase is harmful
Yep. A lot of the “top 1%” are the business owners that give everyone their jobs, and their pay comes out of the company’s profits… which means after operating expenses, which includes taxes.
should it not be I did not vote so they are going to shaft me. I went to the store and got imports to put under the tree. And yes tax the rich so they can raise prices and keep making what they were before the tax.
Chillbilly over 11 years ago
It just seems like such a cop-out to me that everyone blames the government for the bad economy. My dad (who’s never really much cared for the government) was born to a dirt-poor family in the worst year of the depression, has survived over seven decades of government and now lives in a big beautiful house with ample creature comforts and a decent retirement nest-egg..People would do well to pry themselves from the crippling idea that someone other than YOU is always holding you back.
ARodney over 11 years ago
No tax increase on the rich in the amounts proposed has ever affected the economy one way or the other (other than paying off debt, which is good in the long term). It’s the taxes on those who actually make choices based on their taxes (which is the poor and the middle class) that matter. The presidents’ plan, preserving the tax cuts for now for the middle class and preserving the payroll tax cuts, would have made a difference. The Republicans plan would actively HURT job creation by destroying demand, huge tax breaks for the rich, higher taxes and lower benefits on the poor.
ishannon5289 over 11 years ago
So you’re saying it is perfectly fine for corps to hold jobs hostage against any kind of regulation or taxes.
Quipss over 11 years ago
comic right, we all know everything is taxed so the president can make 150 billion dollars an hour.
We all know that it is a reasonable decision for a company to reallocate in a muti-billion dollar decision over a 2% tax increase on profit margin, may take 78 years to pay it back but i like a long term thinker
I’m sure millionaires will flee the USA over a 4% tax increase, may already have one of the lowest rates on earth due to deductions and loopholes but hell, i’m sure they will move to Nicaragua and sip wine with drug lords
The truth is that taxation is necessary for services. Many companies receive subsidies from government when hiring new people, or bailouts or protection from financial foreclosure, albeit if it is only in bad times these companies will grovel
Increases and Decreases in top marginal income bracket has never had a significant effect and while it is true that you should not copy France and jump the rate by 25% there has been no studies that show a 2% increase is harmful
Ironhold over 11 years ago
Yep. A lot of the “top 1%” are the business owners that give everyone their jobs, and their pay comes out of the company’s profits… which means after operating expenses, which includes taxes.
Ironhold over 11 years ago
Gobbled up by the recession and the uncertainty about Obama & co.
Michael Peterson Premium Member over 11 years ago
Yes, nobody would possibly spend money on their business in order to fall into a lower personal bracket.
alex Coke Premium Member over 11 years ago
Merry Christmas
rini1946 over 11 years ago
should it not be I did not vote so they are going to shaft me. I went to the store and got imports to put under the tree. And yes tax the rich so they can raise prices and keep making what they were before the tax.