This can't be good

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Originally posted by: malibber
The polls I have seen indicate that the majority of Americans agree with what I suggested, but I agree it is not feasible in the sense that Koch bros and other corporate crooks have bought the legislative body, and the sellouts in Washington are doing their bidding not ours.


Majority of Americans want to tax the rich to fix the deficit problem


Of course this will all change when folks start to realise what is considered "rich" nowadays.

Mail, please look at how much money was raised during the Reagan tax rates compared to the Carter tax rates. Also, please take a look at Warren Buffets tax rates and something called tax free municiple bonds. You can raise his taxes all you want and you'll never collect an extra dime.
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Originally posted by: malibber
The polls I have seen indicate that the majority of Americans agree with what I suggested, but I agree it is not feasible in the sense that Koch bros and other corporate crooks have bought the legislative body, and the sellouts in Washington are doing their bidding not ours.


Majority of Americans want to tax the rich to fix the deficit problem



I suspect the "majority of Americans" understand that fixing the debt will require a compromise which will include increased taxes of some form.

Of course, one has to take the opinions with a grain of salt. As we have seen here there are people that actually think increased taxes on corporations will help. When you have this obvious lack of critical thinking abilities, what can one expect.

I also have to chuckle at the mention of the Koch brothers. That is laughable evidence of a political slave. Someone who repeats everything they read from their own partisan masters without applying common sense. There are just as many "rich" folks on both sides of the political fence. To mention only the ones on the "other" side shows an incredible amount of gullibility. No wonder there's such a political divide when these folks can't even tell they are being manipulated.

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Originally posted by: melbedewy
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Originally posted by: KayPea
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Originally posted by: arcimedes
If our society collapses a good portion of the world will likely starve. So, I don't see that in the the cards, at least not in the foreseeable future.


The US is "too big to fail".



People are in denial. No society can survive 5 BILLION dollars a day in borrowing. No society can survive open borders and gold plated social welfare benefits to every Third World illiterate who can sneak over the border. Or a "defense" budget equal to the other 200+ countries of the world combined. Or an unsustainable retirement and health care system.
We will not recognize this country in 10 years, 15 top. There will either be a quasi-fascistic takeover by patriots who will solve our fiscal problems forcefully and brutally expel all illegals and Anchor Babies or we will slowly deteriorate like the other once great fallen empires of recorded history.


So our undocumented aliens are the modern equivalent of the Jews of Nazi Germany, and the solution is to find our own home-grown Hitler to "brutally" expel them and their U.S. citizen children. Wow, what a black cloud you have in your heart (if you have one). Hell, why not just gas them in our own concentration camps, that way we can make sure they don't sneak across the border again.

If thee taxes on the top tier earners is increased by 50% it will only increase revenue by $250b per year; way short of the present $1,600b deficit that we have.

What is needed is an overhaul of how we spend and raise money. Simpson/Bowles was a good start

I notice you didn't address my point about why the converse isn't true. That is with decreasing taxes on corporations how come prices don't fall? I'll tell you why, and its because prices have very little to do with tax rates, but they have everything to do with supply and demand. Corporations charge as much as they can get away charging and taking away their special lobbied for breaks and credits wouldn’t suddenly allow them to charge more. Talk about blindly following simplistic talking points.


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Originally posted by: arcimedes
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Originally posted by: malibber
The polls I have seen indicate that the majority of Americans agree with what I suggested, but I agree it is not feasible in the sense that Koch bros and other corporate crooks have bought the legislative body, and the sellouts in Washington are doing their bidding not ours.


Majority of Americans want to tax the rich to fix the deficit problem



I suspect the "majority of Americans" understand that fixing the debt will require a compromise which will include increased taxes of some form.

Of course, one has to take the opinions with a grain of salt. As we have seen here there are people that actually think increased taxes on corporations will help. When you have this obvious lack of critical thinking abilities, what can one expect.

I also have to chuckle at the mention of the Koch brothers. That is laughable evidence of a political slave. Someone who repeats everything they read from their own partisan masters without applying common sense. There are just as many "rich" folks on both sides of the political fence. To mention only the ones on the "other" side shows an incredible amount of gullibility. No wonder there's such a political divide when these folks can't even tell they are being manipulated.


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Originally posted by: INdianapaddler
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Originally posted by: melbedewy
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Originally posted by: KayPea
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Originally posted by: arcimedes
If our society collapses a good portion of the world will likely starve. So, I don't see that in the the cards, at least not in the foreseeable future.


The US is "too big to fail".



People are in denial. No society can survive 5 BILLION dollars a day in borrowing. No society can survive open borders and gold plated social welfare benefits to every Third World illiterate who can sneak over the border. Or a "defense" budget equal to the other 200+ countries of the world combined. Or an unsustainable retirement and health care system.
We will not recognize this country in 10 years, 15 top. There will either be a quasi-fascistic takeover by patriots who will solve our fiscal problems forcefully and brutally expel all illegals and Anchor Babies or we will slowly deteriorate like the other once great fallen empires of recorded history.


So our undocumented aliens are the modern equivalent of the Jews of Nazi Germany, and the solution is to find our own home-grown Hitler to "brutally" expel them and their U.S. citizen children. Wow, what a black cloud you have in your heart (if you have one). Hell, why not just gas them in our own concentration camps, that way we can make sure they don't sneak across the border again.


It's creatures like you that have caused the insanity we are in. Go to China (or Mexico for that matter) and put your hand out to demand a free apartment, food stamps, free doctors, babysitters, schools etc. PLUS citizenship for your kids and see how quickly your hand will be chopped off.
By the way, "undocumented aliens" are those who have misplaced their Green Cards. I am talking about ILLEGAL aliens and yes because of people like you they and their children will either "brutally" be expelled or we will continue to sink as a nation towards the level of El Salvador and Guatemala. Personally, because the something for nothing mentality of the "progressives", coupled with the squeamishness of too many of the so called conservatives, I expect the latter is more likely.
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Originally posted by: malibber
I notice you didn't address my point about why the converse isn't true. That is with decreasing taxes on corporations how come prices don't fall? I'll tell you why, and its because prices have very little to do with tax rates, but they have everything to do with supply and demand. Corporations charge as much as they can get away charging and taking away their special lobbied for breaks and credits wouldn’t suddenly allow them to charge more. Talk about blindly following simplistic talking points.


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[

You DO realize that the US has the highest corporate taxes in the world. 35% federal plus state taxes as high as 12% for a total of 47%
Yes, there are deductions and loopholes but other countries also have them.


US has highest corporate txes

Some people are just too stupid to realize that corporations do not pay taxes. If gas taxes go up a buck, gas prices go up a buck. If we put a $5 tax on every pizza, lo and behold, every pizza will go up about $5.
Sane people understand this. The "progressives", not being sane, don't-or pretend not too.
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Originally posted by: melbedewy
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Originally posted by: INdianapaddler
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Originally posted by: melbedewy
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Originally posted by: KayPea
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Originally posted by: arcimedes
If our society collapses a good portion of the world will likely starve. So, I don't see that in the the cards, at least not in the foreseeable future.


The US is "too big to fail".



People are in denial. No society can survive 5 BILLION dollars a day in borrowing. No society can survive open borders and gold plated social welfare benefits to every Third World illiterate who can sneak over the border. Or a "defense" budget equal to the other 200+ countries of the world combined. Or an unsustainable retirement and health care system.
We will not recognize this country in 10 years, 15 top. There will either be a quasi-fascistic takeover by patriots who will solve our fiscal problems forcefully and brutally expel all illegals and Anchor Babies or we will slowly deteriorate like the other once great fallen empires of recorded history.


So our undocumented aliens are the modern equivalent of the Jews of Nazi Germany, and the solution is to find our own home-grown Hitler to "brutally" expel them and their U.S. citizen children. Wow, what a black cloud you have in your heart (if you have one). Hell, why not just gas them in our own concentration camps, that way we can make sure they don't sneak across the border again.


It's creatures like you that have caused the insanity we are in. Go to China (or Mexico for that matter) and put your hand out to demand a free apartment, food stamps, free doctors, babysitters, schools etc. PLUS citizenship for your kids and see how quickly your hand will be chopped off.
By the way, "undocumented aliens" are those who have misplaced their Green Cards. I am talking about ILLEGAL aliens and yes because of people like you they and their children will either "brutally" be expelled or we will continue to sink as a nation towards the level of El Salvador and Guatemala. Personally, because the something for nothing mentality of the "progressives", coupled with the squeamishness of too many of the so called conservatives, I expect the latter is more likely.


Your ignorance would be laughable if it weren't so pathetic.

Undocumented aliens are entitled to nothing of the sort. No free apartments, food stamps, free doctors (except for emergency room care on a humanitarian basis, but I doubt you know what the word "humanitarian" means), not free babysitters, schools (beyond high school because ignorance is more expensive than educating these children).

You want to deport illegals and their U.S. citizen children, fine. I can see no one will be able to change your mind on that. What really irks me is your lies about all these benefits they are supposed to be getting in order to demonize these people.

If we are going to start deporting U.S. citizens, let's start with you.
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Originally posted by: malibber
I notice you didn't address my point about why the converse isn't true. That is with decreasing taxes on corporations how come prices don't fall? I'll tell you why, and its because prices have very little to do with tax rates, but they have everything to do with supply and demand. Corporations charge as much as they can get away charging and taking away their special lobbied for breaks and credits wouldn’t suddenly allow them to charge more. Talk about blindly following simplistic talking points.



There was no "point" to address. You made a silly assertion with absolutely zero supporting evidence. Give me a case example that proves your point. Excuse me if I don't hold my breath as I already know you are just repeating something you read on puffho or thedailymoss.

Don't get me wrong. The right has just as many robots as the left. However, on this subject the left is the one out to lunch.
The overall “rate” means nothing it is the effective rate that really matters.

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A Government Accountability Office study released in 2008 found that 55 percent of United States companies paid no federal income taxes during at least one year in a seven-year period it studied.

https://www.nytimes.com/2011/05/03/business/economy/03rates.html


With the current system you have large corporations that can afford to lobby and bribe members of congress that pay drastically less in taxes that their smaller competitors that can't afford lobbyists which stifles competition.




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Originally posted by: melbedewy
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Originally posted by: malibber
I notice you didn't address my point about why the converse isn't true. That is with decreasing taxes on corporations how come prices don't fall? I'll tell you why, and its because prices have very little to do with tax rates, but they have everything to do with supply and demand. Corporations charge as much as they can get away charging and taking away their special lobbied for breaks and credits wouldn’t suddenly allow them to charge more. Talk about blindly following simplistic talking points.


Quote

[

You DO realize that the US has the highest corporate taxes in the world. 35% federal plus state taxes as high as 12% for a total of 47%
Yes, there are deductions and loopholes but other countries also have them.


US has highest corporate txes

Some people are just too stupid to realize that corporations do not pay taxes. If gas taxes go up a buck, gas prices go up a buck. If we put a $5 tax on every pizza, lo and behold, every pizza will go up about $5.
Sane people understand this. The "progressives", not being sane, don't-or pretend not too.


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