quade 4 #26 September 23, 2010 Would you listen to this guy. Wants to extend tax cuts to the wealthiest 1% of the country while the rest of it struggles to make ends meet and deficits skyrocket. Gimme a good reason why the wealthiest 1% shouldn't get down on their knees and be happy to pay a bit more taxes to a country that allows them to be as rich as they are? The reason most of these people are wealthy beyond anyone's wildest imagination is because they live right here in the good ol' USA and have benefitted greatly from its security and infrastructure. Ask just about any small businessman that immigrated here from an impoverished country which is better; paying a bit more in taxes or living in a hell hole. We live in a great country filled with opportunities for anyone. There simply is no upper limit on what you can achieve here, but all of that comes at a price and that price is called taxes. It's at least unpatriotic and damn near treasonous to shirk the responsibility of paying them.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
Belgian_Draft 0 #27 September 23, 2010 Quote Quote Quote So would you like to defend our socialist Canadian brother or let him do it for himself? Would you listen to this guy. Wants the government to take all the rich man's money and distribute it among the monetarily challenged and HE calls someone else a socialist. Too freakin' funny! I just want the rich to reinvest a lot of their profits. As fro me a socialist, nothing compared to CanuckintheUSA; he gets all the socialist goodies, yet sounds like one of you neo-cons. How many times do you have to be told that I am not a neo-con? Well? How many? You don't seem to understand things very well and have to be told over and over again. Say what you want, it is plain as day that you want the government to take the majority of a financially endowed person's income and don't care a bit about investment.HAMMER: Originally employed as a weapon of war, the hammer nowadays is used as a kind of divining rod to locate the most expensive parts adjacent the object we are trying to hit. Quote Share this post Link to post Share on other sites
scruffy 0 #28 September 23, 2010 Quote Can somebody explain to me why it's in the interest of the average American to even consider extending the tax cuts to the wealthy? I'll take a stab at it. A large portion of those individuals filing tax returns of incomes higher than 200k a year are small business owners who are filing the profits of their business on their returns. These small business also the central driving force in private sector job creation. Eliminating tax cuts for these individuals directly affects the bottom line of these businesses and consequently whether or not they have the ability to reinvestment in others by creating jobs...which I thought was the President's priority now.Peace, love and hoppiness Quote Share this post Link to post Share on other sites
quade 4 #29 September 23, 2010 QuoteThese small business also the central driving force in private sector job creation. I'm no so sure about that. I question exactly how many small businesses create jobs. The employment of people in the US didn't go down because a bajillion small businesses went under. It went down the toilet because a bajillion jobs from big companies got shipped over seas. There's a coffee shop in my neighborhood. Typical small business. Go to it frequently and have for years. I don't think they've added a single person to their staff for years. Meanwhile, Starbucks . . . Additionally, when you talk about the $200k range of income, you're talking considerably below that top 1%. You're now into the 2.5% range. Source; http://en.wikipedia.org/wiki/Household_income_in_the_United_Statesquade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
scruffy 0 #30 September 23, 2010 Quote Additionally, when you talk about the $200k range of income, you're talking considerably below that top 1%. You're now into the 2.5% range. Most definitely, I just used that number because it's what the President has seen as sufficient to not warrant continuing the tax cuts to...even though it comprises 2/3s of sub chapter s businesses. QuoteI'm no so sure about that. Well, neither am I, I'm no economist. But I've attached some census/BLS data that you might find interesting.Peace, love and hoppiness Quote Share this post Link to post Share on other sites
quade 4 #31 September 23, 2010 The other thing that pisses me off about "small businesses" is where that line is being drawn; 500 or fewer employees. A LOT of large companies divvy up their business units into smaller chunks to take advantage of that for tax, regulation or loan purposes. To me that just goes against the spirit of the whole thing.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
Lucky... 0 #32 September 23, 2010 QuoteGimme a good reason why the wealthiest 1% shouldn't get down on their knees and be happy to pay a bit more taxes to a country that allows them to be as rich as they are? Or reinvest it to write it off, that way growth continues; they do care about the growth of this nation, right? Quote Share this post Link to post Share on other sites
Lucky... 0 #33 September 23, 2010 Quote Quote Quote Quote So would you like to defend our socialist Canadian brother or let him do it for himself? Would you listen to this guy. Wants the government to take all the rich man's money and distribute it among the monetarily challenged and HE calls someone else a socialist. Too freakin' funny! I just want the rich to reinvest a lot of their profits. As fro me a socialist, nothing compared to CanuckintheUSA; he gets all the socialist goodies, yet sounds like one of you neo-cons. How many times do you have to be told that I am not a neo-con? Well? How many? You don't seem to understand things very well and have to be told over and over again. Say what you want, it is plain as day that you want the government to take the majority of a financially endowed person's income and don't care a bit about investment. No, I want taxes raised to force reinvestment, but it doesn't make your argument juicy, so you must project that I want the gov to take all their money; I would rather they reinvest a lot of it to create jobs, growth, etc. But just keep your fantasy going to pretend you have an argument for me wanting high taxes. Or, if you had an argument, you could show me a major federal tax cut that has actually helped the economy and not hurt it. Quote Share this post Link to post Share on other sites
Coreece 190 #34 September 23, 2010 Quote The 400 richest people in the US control $1.37 trillion dollars, more than at any other time in history. The scariest part is that they are just the pee ons... Didn't you learn this in skull n' bones 101? There may be hope for you brother quade... I think the Spirit is calling your name.Your secrets are the true reflection of who you really are... Quote Share this post Link to post Share on other sites
quade 4 #35 September 23, 2010 Quote I think the Spirit is calling your name. As far as I can tell, the only "spirit" calling my name is Johnnie Walker Blue, but I can't afford him.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
Lucky... 0 #36 September 23, 2010 QuoteQuote Can somebody explain to me why it's in the interest of the average American to even consider extending the tax cuts to the wealthy? I'll take a stab at it. A large portion of those individuals filing tax returns of incomes higher than 200k a year are small business owners who are filing the profits of their business on their returns. These small business also the central driving force in private sector job creation. Eliminating tax cuts for these individuals directly affects the bottom line of these businesses and consequently whether or not they have the ability to reinvestment in others by creating jobs...which I thought was the President's priority now. Remember, that's 200k AGI for singles, 250 AGI for joint filings. IOW's, that 200/250 AFTER ALL DEDUCTIONS, meaning that's their profit after paying all employees, costs, insurances business and employee, any and all other writeoffs, etc. So the whiners complaining about tax increases hurting small businesses need to understand that only if they profit >200k/250k that it start to cut into their profits via tax increases. OR..... these business owners could, if they profit > 200/250, spend that excessive profit down to 200/250 for the writeoff by buying business equipment, growing their business, creating growth for all of the US. These clones acting as if an increase over 200/250 is going to hurt business are really just not aware of what they are talking about. It will only affect them if they start doing really, really well, then tehy have the option of reinvestment or paying extra tax. Quote Share this post Link to post Share on other sites
Lucky... 0 #37 September 23, 2010 QuoteThe other thing that pisses me off about "small businesses" is where that line is being drawn; 500 or fewer employees. A LOT of large companies divvy up their business units into smaller chunks to take advantage of that for tax, regulation or loan purposes. To me that just goes against the spirit of the whole thing. More importantly for 2 things: 1) Liability limitation 2) to avoid the req for 60-day notice for plant closure Quote Share this post Link to post Share on other sites
Coreece 190 #38 September 23, 2010 Quote Quote I think the Spirit is calling your name. As far as I can tell, the only "spirit" calling my name is Johnnie Walker Blue, but I can't afford him. That's ok...just stick to dos equis, the Spirit can work with that.Your secrets are the true reflection of who you really are... Quote Share this post Link to post Share on other sites
mnealtx 0 #39 September 23, 2010 QuoteQuoteThese small business also the central driving force in private sector job creation. I'm no so sure about that. I question exactly how many small businesses create jobs. Small businesses are responsible for 64% of net new jobs over the last 15 years, per the US Small Business Administration. They also hire just over half of all private sector employees, and provide over half of the non-farm GDP. QuoteThe employment of people in the US didn't go down because a bajillion small businesses went under. It went down the toilet because a bajillion jobs from big companies got shipped over seas. Because of adverse conditions stateside, yes - but hey, just becauses *businesses* went overseas to escape onerous taxes doesn't mean 'the rich' will, right? QuoteThere's a coffee shop in my neighborhood. Typical small business. Go to it frequently and have for years. I don't think they've added a single person to their staff for years. Hope they can stay open once their cost of doing business goes up. QuoteAdditionally, when you talk about the $200k range of income, you're talking considerably below that top 1%. You're now into the 2.5% range. Source; http://en.wikipedia.org/wiki/Household_income_in_the_United_States Yup..you're talking about a LOT of those small businesses.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
skipbelt 0 #40 September 23, 2010 Quote Quote I think the Spirit is calling your name. As far as I can tell, the only "spirit" calling my name is Johnnie Walker Blue, but I can't afford him. the lazy mind says can't the clever mind says "how can i" Quote Share this post Link to post Share on other sites
quade 4 #41 September 23, 2010 Quote Quote Quote I think the Spirit is calling your name. As far as I can tell, the only "spirit" calling my name is Johnnie Walker Blue, but I can't afford him. the lazy mind says can't the clever mind says "how can i" The practical man looks in his wallet and says, "if I can't afford to pay for it, I shouldn't buy it." I sometimes wish I had the charlatan gene. You know, the one that allows people to con money out of old women, set up fortune telling establishments or churches. It might be a "clever" way to make money, but I don't have that in me.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
Belgian_Draft 0 #42 September 23, 2010 Quote Quote Quote Quote Quote So would you like to defend our socialist Canadian brother or let him do it for himself? Would you listen to this guy. Wants the government to take all the rich man's money and distribute it among the monetarily challenged and HE calls someone else a socialist. Too freakin' funny! I just want the rich to reinvest a lot of their profits. As fro me a socialist, nothing compared to CanuckintheUSA; he gets all the socialist goodies, yet sounds like one of you neo-cons. How many times do you have to be told that I am not a neo-con? Well? How many? You don't seem to understand things very well and have to be told over and over again. Say what you want, it is plain as day that you want the government to take the majority of a financially endowed person's income and don't care a bit about investment. No, I want taxes raised to force reinvestment, but it doesn't make your argument juicy, so you must project that I want the gov to take all their money; I would rather they reinvest a lot of it to create jobs, growth, etc. But just keep your fantasy going to pretend you have an argument for me wanting high taxes. Or, if you had an argument, you could show me a major federal tax cut that has actually helped the economy and not hurt it. You keep posting this theory you have recently become aware of that higher taxes force investment which, in turn, helps the economy. Tell us, Mr. Expert-of-All, what is the difference in investment of funds between high and low taxes? That is, where do the funds get put? If taxes are low do people suddenly start stuffing cash into their mattress? When taxes are high why would a person invest in a relatively high risk venture such as manufacturing when they can just as easily, and more safely, invest in real estate which does nothing to help the economy? You keep spouting of how the economy has always been better during periods of higher taxes. Why don't you show us some proof to back your claim by showing how much money was invested and in what during those times? Because, if you can't, you are just guessing.HAMMER: Originally employed as a weapon of war, the hammer nowadays is used as a kind of divining rod to locate the most expensive parts adjacent the object we are trying to hit. Quote Share this post Link to post Share on other sites
turtlespeed 221 #43 September 23, 2010 Quote It's at least unpatriotic and damn near treasonous to shirk the responsibility of paying them. What is unpatriotic are the programs and special interests that suck money out of the coffers making the budget what it is now. OMG what ever would happen if we just simply let people do for themselves and not suck the government tit?I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
Channman 2 #44 September 23, 2010 Quote Can somebody explain to me why it's in the interest of the average American to even consider extending the tax cuts to the wealthy? The 400 richest people in the US control $1.37 trillion dollars, more than at any other time in history. http://money.cnn.com/2010/09/22/news/companies/forbes_400/index.htm?hpt=T2 That's just crazy. I'm all for getting richer as well. My family income as increased this year by about 15%, nothing wrong with working hard and making money. Hell my wife was able to bring on two more interpreters to our business. A win / win as they say, they are working and making money, and yes we are making money off their efforts. Who was it that said, "Let me help you, help me" I think you suffer from a form of Penis envy, because your pile of money is smaller than some other dudes pile of money, which seems to piss you off. The wealthy employ far more people than poor people, so snap out of it and get into a better mood. Be the solution not the problem Quote Share this post Link to post Share on other sites
futuredivot 0 #45 September 23, 2010 Its a safe assumption that you make/have more that I do. Is that crazy? Why don't you just hand me money until we're even?You are only as strong as the prey you devour Quote Share this post Link to post Share on other sites
mnealtx 0 #46 September 23, 2010 QuoteIts a safe assumption that you make/have more that I do. Is that crazy? Why don't you just hand me money until we're even? That's the root of the argument, yes...Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
quade 4 #47 September 23, 2010 QuoteQuoteIts a safe assumption that you make/have more that I do. Is that crazy? Why don't you just hand me money until we're even? That's the root of the argument, yes... Not even close, but keep fantasizing.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
billvon 3,009 #48 September 23, 2010 >What is unpatriotic are the programs and special interests that suck >money out of the coffers making the budget what it is now. You mean like Veteran's hospitals? You're right, Turtle! I hope you'll start standing up to the wounded vets of the USA, Take their money away and prove how patriotic you are. Quote Share this post Link to post Share on other sites
kelpdiver 2 #49 September 23, 2010 Quote You should check your facts before making assertions: LOL Quote This list does not include the European Union (EU), which includes three (Germany, UK, France) of the above states in a single economic entity. As a single economy, the EU is the largest trading partner of the US with €204 billion worth of EU goods going to the US and €160 billion of US goods going to the EU as of 2009[update].[3]. The problem with this nonsense is that the EU is not a single economic entity. The Greece/Spain/NEXT! issues of this year cast considerable question if the EU will even persist in its current form of loosely affiliated nations. Quote Share this post Link to post Share on other sites
turtlespeed 221 #50 September 23, 2010 Wrong again - Veterans served this country. It is the contract they signed to do so that they would receive care. Next?I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
