Do Obama supporters really, truly

Why do you as a republican feel its been ok to take money from the middle class and give to the wealthy and companies? :confused3

With the huge cap gains/dividend tax cuts the wealthy is paying a lower tax rate then I am.

What absolute crap and a lie fed to you by the left...
 
Think it's okay to take money (increase taxes) from those more wealthy to give (decrease taxes or give tax credits) to people less wealthy?

This is just mind boggling to me, that anyone would agree with it.

Do these people really think it's okay?

What's the incentive to do better financially under the Obama plan, as your increase will be lessor so that others can "share your wealth"?


I don't think it's any more ok, than what McCain wants to do. Take my hard earned money to:

Give to wealthy companies that are supposedly making jobs but in reality are shipping jobs over seas.

Give my money to fund a useless 10 billion dollar a month war

Give my money to bail out corporations that excel at greed.

What the incentive to do better when you see your money being blown by the upper 3%?

Let's not pretend that Bush and trikle down economics has worked
 
Why do you as a republican feel its been ok to take money from the middle class and give to the wealthy and companies? :confused3

With the huge cap gains/dividend tax cuts the wealthy is paying a lower tax rate then I am.

They are still paying the same INCOME tax rates. Besides that, cutting taxes at the high end does NOT take any money from anyone else. It just prevents the government from getting it. Too many people in this country seem to think that someone's income belongs to the government first and then the government decides how much to let you keep.
BD
 
What absolute crap and a lie fed to you by the left...

To be fair - to the extent he's talking about corporate welfare I think he's right.

Again, not an argument that favors more redistibution - sort of a "two wrongs don't make a right".
 

I stand to gain from Obama's plan IF he actually follows through. I seriously doubt what he says will happen will be the reality put into practice.

That all being said. What I take issue with is the mentality of those that feel that someone owes them something because they are simply gracing this planet with their existence. What ever happened to taking care of yourself and your family to the best of your ability? Whatever happened to pride? I don't want other people taking care of me or my family, they are our responsibility.

IMO, Taxes should be used for the benefit of the community, not the individual. Roads, infastructure, defense. Things that are utilized or benefit the masses that cannot legistically be provided by individuals. As a nation we are stronger putting our resources together for defense, as a state we are connected with one another for commerce and trade by our roads and bridges, as a community we are safer because we have a police force, etc. Anything that is designed to benefit an individual or small group of people should not be paid for out of public coffers.

And I leave you with the following quotes-

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.” Alexander Tytler

“Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage.” Author unknown to me
 
I'm with you, OP. I definitely think this is wrong. I would prefer a flat tax or the fair tax. It seems crazy to penalize people for succeeding, especially since many of those people provide many jobs for society. :confused3

We will be hit by Obama's tax plan. My husband owns a small business. Aside from the fact that we won't be growing the business any further due to it not benefiting us with the new tax structure, we won't really be affected. It will simply affect our charitable giving. I much prefer to donate money to a variety of charitable causes. Every year, we work up a financial plan which includes our planned giving for the year. If our taxes increase, we will have to decrease the amount that we send to the charities by that amount. :confused3 I would MUCH prefer to send money to charities that will actually put it to good use and not squander it, but if Obama is who our country tries to put into office, we'll just deal. ;)
 
::yes:: Back when top rates were 91%, or even 70%, I could see where some might be discouraged from working hard to earn more.

But 35-39%? :confused3 I don't think people are that petty.

A minor quibble. Your "up to 1986" was 1982-1986. From 1965-1981, the top rate was 70%. Prior to that, the top rate was 91% for nearly 20 years.

Kind of makes the difference between 35% and 39% look like small potatoes, doesn't it?

THANK YOU!!!!!!!

That's valuable information we all need in order to make decisions about this issue.

You know, that is the sort of information that should be in every article about taxation, and I am upset that I never knew this. Historical context!!! Why have we been dumbed down so much?
 
What absolute crap and a lie fed to you by the left...

My rate 25%
CapGains/Div rate: 15%

I don't know about you but even my 6 year old can tell which number is higher. :confused3

If those low rates arn't such a big deal then why the screams about it raising?

I'd be happy to leave the income rates the same and raise the CG/Div rates to 25% or more for everyone.

That would not be progressive so you would be in agreement with that?
 
Let's not pretend that Bush and trikle down economics has worked

Bush was not the beginning of trickle down economics. Reagan was and our nation benefitted from his policies for years through the Clinton era.

What Obama is proposing is Trickle Up Poverty.

Another poster hit the nailon the head. Our earnings do not belong to the government first. It should not be about how much the gov't decides we should get to keep. What it should be about is the gov't acting in the communal good to provide large scale defense and infastructure that benefits everyone at the lowest cost to the individual, no matter their income level. Individuals should be free from the gov't to take care of themselves and their loved ones as they are best able and to give, by choice, to whom and in whatever amount they feel so inclined to give for causes they believe in.
 
Yes, I do believe it is okay. I'm a strong believer in the benefits of progressive taxation, and our system is too "flat" since the Bush cuts. The benefits of government spending are enjoyed disproportionately by the wealthy, but still they cry about paying a share of the taxes that reflects that reality.
What gets me is that the rich actually have the middle and lower classes whining that the rich are paying too much in tax :confused3
 
Not to mention that in some areas $250 isn't very much to live on. Sure here we would be set for life if DH made that, but in place like NYC or LA-CA it is barely a comfortable income.

How RIGHT you are!
 
Bush was not the beginning of trickle down economics. Reagan was and our nation benefitted from his policies for years through the Clinton era.

What Obama is proposing is Trickle Up Poverty.

Another poster hit the nailon the head. Our earnings do not belong to the government first. It should not be about how much the gov't decides we should get to keep. What it should be about is the gov't acting in the communal good to provide large scale defense and infastructure that benefits everyone at the lowest cost to the individual, no matter their income level. Individuals should be free from the gov't to take care of themselves and their loved ones as they are best able and to give, by choice, to whom and in whatever amount they feel so inclined to give for causes they believe in.

Why large scale defense? Why are you taking my money and paying for the most advance weapons systems? Why are you taking my money and maintaining bases all over the world? Working class and poor people don't need that, yet you are in favor of taking our money to pay for it because you think it is a good idea. That sounds like socialism to me.
 
What gets me is that the rich actually have the middle and lower classes whining that the rich are paying too much in tax :confused3

Because some of us don't believe in class warfare, if they earned it they should keep it. If I wanted more money I should have made different life choices.
 
I think attitudes like this are a big problem in the world today, not exclusive to the United States -- everyone's so focused on ME ME ME, and many are not willing to help out their fellow man.

I don't see a problem with imposing higher taxes on those who make $$$$$, if the end result is a better way of life for all people.


Okay.. flame suit's on..

BTW, I won't be offended if anyone calls me a socialist, which I imagine is going to happen in 3...2...1... :rolleyes1


I completely agree with you. I guess I see things from a way different perspective than most. I guess I don'tthink that children should be punished for their parents inability to find work or do better. I think that many of my neighbors would use the money to buy pampers or clothing. A little boy a few doors down has been really wanting a new coat.

I am lucky to have had an education that will help me succeed (even if I don't have the cash). Others are not so lucky. I know I have preached all this before but the education system here sets people up for failure, only the resilient kids can get find a way out. It isn't fair.



Off topic but my proposal would be to take the tax dollars from the wealthy and put them into the education system. We need to centralize funding, make it equal. We need to make an investment into kids at a young age before we are stuck spending our tax dollars to incarcertate them. I think that would be the only way we could end the ongoing social injustice. Giving them money won't help in the long run but neither will just waiting for things to be just.

And since when is money the only reason for advancement? I cannot be the only person seeking an education for more than just money or a career but for knowledge. I am working so hard in college and I am financially independent. Although I would like to be at a financial place where I will feel a bit more comfortable, I am really in school because of my passion for the field and for trying to maximize the potential of people who suffer from brain injury/impairment or developmental disorders, etc. I could never see myself, even after having a Ph.D living in luxurious conditions when I know that there are children being struck by stray bullets and being stabbed in chemistry class. I hope that even when Ihave more money I will be the kind of person to help others. Who knows though, money changes people.
 
Why large scale defense? Why are you taking my money and paying for the most advance weapons systems? Why are you taking my money and maintaining bases all over the world? Working class and poor people don't need that, yet you are in favor of taking our money to pay for it because you think it is a good idea. That sounds like socialism to me.

Umm, to protect us? Because if a bomb hits us, it will hit all of us? That's the main point of government, to provide a defense for the country (as well a a structure for society, and roads and all that good stuff). It's NOT to make everyone's bank account equal, no matter what job they do (or don't do, as the case may be).

Because some of us don't believe in class warfare, if they earned it they should keep it. If I wanted more money I should have made different life choices.

:worship:
 
Bottom line: The government needs our money to do what they need to do? Let's talk.

The government wants to take one person's money to give to another person who doesn't even pay taxes? Sorry, no deal!

It's not the taxes that I have issue with, its the reason for them and the use of the money collected. And for those that say the rich don't pay enough, you dont think that this 5% of people paying 40% of the tax revenue is enough?
 
Umm, to protect us? Because if a bomb hits us, it will hit all of us? That's the main point of government, to provide a defense for the country (as well a a structure for society, and roads and all that good stuff). It's NOT to make everyone's bank account equal, no matter what job they do (or don't do, as the case may be).



:worship:

Yeah, but we spend way more than any other country in the world!!! Let's tone it down a little bit. Poor people's lives won't change one iota if all the overseas bases were closed. Who is all that money defending? Not me, so I don't want to pay for it.

What I'm saying is, you are making me and other working folks pay to protect who? Corporations? NO DEAL!
 
What I find amazing is that, with their country at war on two fronts and in debt to China in the mega-billions, patriotic Americans are not clamouring to help contribute to getting out from under. It's a big change from the days of victory gardens, rubber drives and meat rationing.

That's what gets me too. Somehow in a couple generations' time, we've gone from a society that made great sacrifice for the greater good to a country that cares only for our own individual interests. And that I do find very, very sad.
 
Yeah, but we spend way more than any other country in the world!!! Let's tone it down a little bit. Poor people's lives won't change one iota if all the overseas bases were closed. Who is all that money defending? Not me, so I don't want to pay for it.

Are you really serious?? Overseas bases help to protect us and our allies! We need to be based all around the world so that we can react to things quickly that other countries might do.
 
Because some of us don't believe in class warfare, if they earned it they should keep it. If I wanted more money I should have made different life choices.


Absolutely! My husband now has his own business so we are supposedly "rich" now. :rolleyes: However, it was many, many years of struggling before we got to that point. We both came from lower middle class families. When my parents got divorced, my mother's salary was well below the poverty level and child support was negligible, so we were actually statistically poor for a while. When my husband and I first got married, we didn't have two nickels to rub together. Yet, I have never, ever, ever felt that anyone owed me a thing. If Bill Gates earns a gabillion dollars, good for him. I certainly don't have any right to it. Proud Republican here! :thumbsup2 I will never understand the entitlement viewpoint.
 


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