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Senior Contributor

what do you want from the 1%

they now pay 24% of all income taxes what do you socialist demoncrats want i am betting you run to the closet

35 Replies
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Advisor

Re: what do you want from the 1%

Dont you know Ollie they want it all and yours and mine too.
Advisor

Re: what do you want from the 1%

Nothing much, mostly just looser fiscal policy which doesn't cost me a penny unless I'm worried about "monetary debasement" which I'm not.

 

But from the .1% and above I want more taxes, say 50% at $1 million, 70% at $10 million. And estate taxes as they are. You'll have to figure out what you're going to do with your estate over $5 million. And sharply reduce tax breaks, including the preferential rate on CGs, carried interest, etc.

 

I'd throw the money that is freed up by the reduction in fiscal blackmail at infrastructure spending with an emphasis on long term sustainability.

 

And as the spending picked up employment and wage levels I'd squeeze the social safety net pretty hard to make sure that as many people who can work do.

 

There's be plenty of money to spend- with the increased revenue both from the high end tax increases and increased economic activity and lower spending, and on top of our already very low present deficit, we could spend $billions a year.

 

That would be a good plan for people who actually wanted to see the American project succeed as compared to those who just want a gold star for their own personal virtues (often imaginary) and to suck up to those above and kick down at anybody else trying to climb the ladder.

Advisor

Re: what do you want from the 1%

Make that $trillions.

 

If we can spend $trillions on 2 misbegotten wars and the the greatest surge in corruption of all time- the payoffs to defense and homeland security contractors post 9/11- then we can also afford to save our country.

 

Yes we can.

Senior Contributor

Re:THAT IS ABSURD

why penalize a hard worker for a welfare whoree please try me

Advisor

Re: Re:THAT IS ABSURD

First, shame on me for carrying on an argument with a bizarre trollbot whose purpose is to drive traffic by appealing to instincts that are even baser than some of the real kluxers that I know.

 

And therefore shame on some others.

 

But as to things that aren't true that are fundamental to the ideology of the GOP base but aren't true, what makes you think they do work hard, or ever have?

Senior Contributor

Re: SO YOU BELIEVE IN INEQUALITY

all demoncrats do --glad to see you admit it ----those of us who are creating jobs and paying the vast majority of the taxes shouldnt be punished for working---- right or not please try me ---i am betting you run

Senior Contributor

Re: THE ONLY ONES WHO BELLYACHE

are lazy or jealous ---i believe in fairness for all and equality---but then i am in the gop who all believes that way ---sure proud i aint a demoncrat and want to punish the worker class--please dont run try me

Veteran Advisor

Re: Being Fair and Just

A young woman was about to finish her first year of college. Like so many others her age, she considered herself to be a very liberal Democrat and was very much in favor of the redistribution of wealth.

She was deeply ashamed that her father was a rather staunch Republican, a feeling she openly expressed. Based on the lectures that she had participated in and the occasional chat with a professor, she felt that her father had for years harbored an evil, selfish desire to keep what he thought should be his.

One day she was challenging her father on his opposition to higher taxes on the rich and the addition of more government welfare programs. The self-professed objectivity proclaimed by her professors had to be the truth and she indicated so to her father. He responded by asking how she was doing in school. Taken aback, she answered rather haughtily that she had a 4.0 GPA and let him know that it was tough to maintain, insisting that she was taking a very difficult course load and was constantly studying, which left her no time to go out and party like other people she knew. She didn't even have time for a boyfriend and didn't really have many college friends because she spent all her time studying.

Her father listened and then asked, "How is your friend Audrey doing?" She replied, "Audrey is barely getting by. All she takes are easy classes, she never studies and she barely has a 2.0 GPA. She is so popular on campus, college for her is a blast. She's always invited to all the parties and lots of times she doesn't even show up for classes because she's too hung over."

Her wise father asked his daughter, "Why don't you go to the Dean's office and ask him to deduct a 1.0 off your GPA and give it to your friend who only has a 2.0. That way you will both have a 3.0 GPA and certainly that would be a fair and equal distribution of GPA."

The daughter, visibly shocked by her father's suggestion, angrily fired back, "That wouldn't be fair! I have worked really hard for my grades! I've invested a lot of time, and a lot of hard work! Audrey has done next to nothing toward her degree. She played while I worked my tail off!"

The father slowly smiled, winked and said gently, "Welcome to the Republican Party."