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01-24-2012, 09:55 PM | #1 |
Nomadic Tribesman
Join Date: Nov 2008
Location: Brampton, Canada
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No comment on the tax rates, when the country was being built? Kinda blows a hole in the whole extreme right wing premise.
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01-24-2012, 10:21 PM | #2 |
Elitist
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
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But that was ancient history. Once those rates drop, they can NEVER go up again!!!! It would be an OUTRAGE !!!!! IMMORAL !!!! COMMUNIST !!!!
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01-24-2012, 10:34 PM | #3 |
Moto GP Star
Join Date: Mar 2008
Posts: 14,556
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Look, bottom line. I hate where my tax dollars go period! Do you really think that the "rich", the working class or anyone else in this country should pay more in taxes? For what? So we can support a bunch of lazy welfare rats, bail out poorly run companies, maintain military bases in countries that aren't even under threat or give it to other countries that hate us anyway? What the hell people? You steal $5 out of my pocket to give to the bum who uses it to buy wine, chastise me because I don't want to give more, and to top it off the bum hates me, breaks into my house, rapes my wife and steals my tv... AWESOME!
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01-24-2012, 10:35 PM | #4 |
AMA Supersport
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Posts: 4,756
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You have to ignore a few things for that to hold true. First when the top tax rates were that high they were always for people having the equivalent of well over $2 million per year of income in today's dollars (sometimes over $50 million). Next that there were a lot more loopholes that were much easier to use back then. Talking about marginal tax rates is pretty useless, effective tax rates are what matter.
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01-24-2012, 10:43 PM | #5 | |
Moto GP Star
Join Date: Mar 2008
Posts: 14,556
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Quote:
This is crazy! So much of our tax dollars are WASTED imho and some of you think that we should pay MORE.... We don't need to raise taxes, we need to cut spending! |
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01-25-2012, 09:28 AM | #6 |
AMA Supersport
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Location: Redneck Riviera, FL
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So you hate people on welfare and you dont think more taxes should be taken and spent on things you dont like. But why are okay with a larger percentage of your money being spent on those things than someone like Mitt Romney?
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01-25-2012, 09:35 PM | #7 |
Moto GP Star
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What? I don't think that either of our monies should be spent on this bs.... You are missing my point, Romney is paying his LEGAL amount of tax. I don't care how you slice it. He is within the legal parameters. In stead of whooping and hollering about how he doesn't pay "his fair share" and btw, Obama gives a speech about how he doesn't need the Bush tax cuts but yet doesn't give it back at the end of the year.... Romney refused a salary when he was Governor..... What about that, hmmmm? If I win $1,000,000 and take the $400,000 the govt will be nice enough to allow me to keep, invest it and gain $100,000. I will have to pay $15,000... You all seem to think that it should be more..... WHY?!?!?! $1,000,000-600,000+ 100,000-15,000= $485,000 I still "lost" over $500,000 from my perspective, you all are pissed that I have $485k.... What if I lose all of my money? Are you all going to give me money back to cover my loses? Of course not. I haven't seen a dime from my loses on my 401k......
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01-26-2012, 08:24 AM | #8 | ||
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01-26-2012, 08:37 AM | #9 |
Nomadic Tribesman
Join Date: Nov 2008
Location: Brampton, Canada
Moto: '09 ER-6n
Posts: 11,150
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Then it's a loophole that really needs to be closed; take a $100K salary and then $20M in stocks. It should be a taxable benefit, with investment style taxation after the initial hit.
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01-26-2012, 10:23 AM | #10 | |
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