ayin jade Posted November 14, 2012 Group: Worthy Ministers Followers: 44 Topic Count: 6,178 Topics Per Day: 0.87 Content Count: 43,799 Content Per Day: 6.19 Reputation: 11,244 Days Won: 58 Joined: 01/03/2005 Status: Offline Share Posted November 14, 2012 http://news.yahoo.com/blogs/ticket/labor-progressives-bullish-talks-obama-221029022--politics.html Link to comment Share on other sites More sharing options...
Guest shiloh357 Posted November 14, 2012 Share Posted November 14, 2012 My family paid 32% of our income in federal taxes last year. The Romney's paid 12% of their income in federal taxes last year. To be fair we need a flat tax. If everyone paid my 32% or Romneys 12% it would be fair. Tax revenue would increase and the deficit would go down. So, I agree with the article. Raise taxes on the rich....I know they sure won't lower them for me. First of all, the reason Romney's taxes were at 12% (more like 15%) was because he made him money from investments and investments have a lower Federal tax rage than wages and salaries. So it is not an issue of fairness at all. Romney earned his money that federal taxable rate of around 35% and the money he earned he invested and now only pays 15% on investments which is in keeping with federal law. Raising the taxes on the rich will not produce much revenue at all. What WILL produce revenue is providing incentives for the rich to create business and grow existing business, thus requring the need to hire/rehire those who have lost jobs. You will get more revenue with a lower tax rate and larger tax base than taxing and penalzing the rich for being rich. Link to comment Share on other sites More sharing options...
nebula Posted November 14, 2012 Group: Royal Member Followers: 10 Topic Count: 5,823 Topics Per Day: 0.75 Content Count: 45,870 Content Per Day: 5.94 Reputation: 1,897 Days Won: 83 Joined: 03/22/2003 Status: Offline Birthday: 11/19/1970 Share Posted November 14, 2012 As I understand it, giving to charitable causes gives one more tax write-offs. So, when calculating how much the rich paid in taxes, should one not also calculate how much of their income was charitable tax write-off? Link to comment Share on other sites More sharing options...
MorningGlory Posted November 14, 2012 Group: Royal Member Followers: 0 Topic Count: 1,022 Topics Per Day: 0.16 Content Count: 39,193 Content Per Day: 6.09 Reputation: 9,977 Days Won: 78 Joined: 10/01/2006 Status: Offline Share Posted November 14, 2012 I'm for a flat tax, same for everyone. If there's anyone here who still believes the super rich aren't getting a break that the rest of us don't.....I've got some oceanfront property in Amarillo I'd love to show you. Link to comment Share on other sites More sharing options...
SavedByGrace1981 Posted November 14, 2012 Group: Royal Member Followers: 6 Topic Count: 104 Topics Per Day: 0.02 Content Count: 2,924 Content Per Day: 0.61 Reputation: 462 Days Won: 2 Joined: 04/02/2011 Status: Offline Birthday: 03/22/1953 Share Posted November 14, 2012 This reminds me of an old song from the 70s from the group Ten Years After entitled "Change The World". I've taken the liberty of bleeping the rather tame, but still PG rated lyrics, and the relevant part stands: Everywhere is freaks and hairies ***** and *****, tell me where is sanity Tax the rich, feed the poor Till there are no rich no more I'd love to change the world But I don't know what to do So I'll leave it up to you Population keeps on breeding Nation bleeding, still more feeding economy Life is funny, skies are sunny Bees make honey, who needs money, monopoly I'd love to change the world But I don't know what to do So I'll leave it up to you World pollution, there's no solution Institution, electrocution Just black and white, rich or poor Them and us, stop the war I'd love to change the world But I don't know what to do So I'll leave it up to you Blessings! -Ed Link to comment Share on other sites More sharing options...
Guest yod Posted November 14, 2012 Share Posted November 14, 2012 Those who provide jobs for others through their investments are directly and indirectly paying a much higher proportion of our nations debt. The tax rate is lower as an inducement to create productive jobs which the Federal government can not do. I see no reason why this activity shouldn't be rewarded instead of penalized? Desiring that someone with a higher economic standing to be treated unfairly is called "envy" and is a form of greed. Our Constitution (and our Bible) says that all people should be treated equally. Why anyone thinks that giving the government more money is a good idea is beyond me. That "extra" revenue is going to line the pockets of union bosses and politicians. How does that help anyone unless they are a politician or union boss? I also agree on a flat tax...and I think everyone should have to pay it like they would any other bill; you get a statement explaining exactly what you are being charged for and how much exactly. We'd have a revolution by the second month of this.... Link to comment Share on other sites More sharing options...
Matthitjah Posted November 14, 2012 Group: Royal Member Followers: 4 Topic Count: 1,285 Topics Per Day: 0.16 Content Count: 17,917 Content Per Day: 2.27 Reputation: 355 Days Won: 19 Joined: 10/01/2002 Status: Offline Share Posted November 14, 2012 The Bible describes our attitude towards our neighbors income in envy as covetousness. It also describes it as greed to want to possess what he/she does. Meanwhile, the Bible also tells us to be content with the little that we do have. Link to comment Share on other sites More sharing options...
GoldenEagle Posted November 14, 2012 Group: Royal Member Followers: 4 Topic Count: 764 Topics Per Day: 0.18 Content Count: 7,626 Content Per Day: 1.80 Reputation: 1,559 Days Won: 44 Joined: 10/03/2012 Status: Offline Share Posted November 14, 2012 Desiring that someone with a higher economic standing to be treated unfairly is called "envy" and is a form of greed. Our Constitution (and our Bible) says that all people should be treated equally. Why anyone thinks that giving the government more money is a good idea is beyond me. That "extra" revenue is going to line the pockets of union bosses and politicians. How does that help anyone unless they are a politician or union boss? Good perspective Yod. Link to comment Share on other sites More sharing options...
MorningGlory Posted November 14, 2012 Group: Royal Member Followers: 0 Topic Count: 1,022 Topics Per Day: 0.16 Content Count: 39,193 Content Per Day: 6.09 Reputation: 9,977 Days Won: 78 Joined: 10/01/2006 Status: Offline Share Posted November 14, 2012 The Bible describes our attitude towards our neighbors income in envy as covetousness. It also describes it as greed to want to possess what he/she does. Meanwhile, the Bible also tells us to be content with the little that we do have. No one said they were envious, Dave. Just that the rich get breaks and perks that we regular people don't......there's nothing wrong with wanting a fair shake for everyone. Link to comment Share on other sites More sharing options...
Matthitjah Posted November 15, 2012 Group: Royal Member Followers: 4 Topic Count: 1,285 Topics Per Day: 0.16 Content Count: 17,917 Content Per Day: 2.27 Reputation: 355 Days Won: 19 Joined: 10/01/2002 Status: Offline Share Posted November 15, 2012 The Bible describes our attitude towards our neighbors income in envy as covetousness. It also describes it as greed to want to possess what he/she does. Meanwhile, the Bible also tells us to be content with the little that we do have. No one said they were envious, Dave. Just that the rich get breaks and perks that we regular people don't......there's nothing wrong with wanting a fair shake for everyone. As explained by Shiloh, the reason for Romneys tax rate is that it was investment income. He already paid taxes when he initially earned it. Of course "The Daily Kos" doesn't tell you that when they stir up envy and strife. They also don't say such things about men like George Soros. Seems pretty fair to me that is unless someone is just seeking to see the rich soaked. The fact remains that if the Leftists get what they want we will have a worse economy than we currently do. You don't punish the achievers and the job producers without punishing every one. That is exactly why it's envy. That's the most horrid thing about sin. It has a negative effect on every one involved. It is degenerative as well. By the way, no one pointed out anyone in particular with the envy statement. What was stated is that the Bible speaks quite clearly on envy, covetousness, greed, and being content with your lot in life. Sounds like your argument is with scripture and not me. Link to comment Share on other sites More sharing options...
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