[QUOTE=“konan;489696”]I’m actually painting the walls of our house…(it’s a yearly en devour) :49: so I don’t really have the time right now to sit and investigate your claims of Warren Buffet “cheating the IRS” , of 1950’s being the “age of tax exemptions and loopholes” as opposed to todays code where multinational companies pay (what) and Mitt Romney pays (what). Claims of the age b4 the great depression as being the “most prosperous” in your history, claims of people loosing their 401 K’s because of their “lavish lifestyles”. You described the laptop and how it made “people wealthy”…Which people did it made wealthy tho because the resources to assemble it and the workforce that assembled it are all foreign to you! You said that the top “3% pay for 50% of all taxes”?–My question is, what % of the overall wealth do those individuals have? Is it 90%? You tell me the number…
You also watch Fox News too much because none of the actual numbers, the actual statistics that points out the wealth disparity between the middle class and the bottom 1% prove nothing else other than that the very rich had never had a better run while everyone else is in virtual downfall…You should actually listen to what the people that “hacked” democracies all over the world have to say about the system you’re living in , because they fckin know what the numbers project if you don’t or just choose to ignore. They stand to gain neither lose anything due to explaining this sht to you…Also, I don’t envy the rich, I love the rich! I want to become rich very badly too. I like to see the lavish style of individuals because that means that they are apparently investing some of the amassed wealth into the economy of the countries they live in…So, I will go, point by point through your posts as soon as I find the time and point out all the nonsensical propaganda that is backed by no ACTUAL data. ( none as far as I can tell right now). and I don’t live in Scandinavia, no.
Now, I need to go mix more paint and do the second floor[/QUOTE]
First, what country are YOU from?
Lol. “You get your stats from Fox… Yada yada yada”
No I don’t. I don’t care what Fox says or any of the media outlets for that matter, so lay off your standard response of “oh you just pulled that off fox”. I could do the same for the biased sources you are enamored with.
I didn’t say Warren Buffet was a tax cheat. I said he is battling the IRS over $1 billion dollars. That’s a fact, I know you don’t give a flip about his hypocrisy though since your eyes are glazed over into thinking he’s some kind of hero who wants to raise taxes on himself… Again, if he wanted to pay more taxes, why not lead by example and give the govt some of his $49 billion? Why not give up the battle over $1 billion and let the government have it so it can function without going deeper into debt for 3 hours?
Apparently he doesn’t practice what he preaches. Sorry to crush your delusion.
2nd, take a look at the tax return. Why don’t you even bother to delve into the history you claim to know?
You’d have to give the rich tax cuts to be equivalent to the 1950s.
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you clearly don’t understand Marginal rates vs Effective rates.
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how many people made over $3 million dollars a year back in the 1950s
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Out of those few people that did, how many were ignorant or careless enough to ignore the tax exemptions, loopholes and write offs?
Umm yes, the fastest period of economic growth was during a time when there was no income tax… It was called the Gilded Age. When did you think it was? If you think it was the 1950s you’d be wrong, of course.
Here I’ll take a move out of your playbook. Did you hear that junk on MSNBC, ABC, CBS, NBC, HuffPo, Current TV or any of your favorite blogs?
Umm, I know that’s what happened to my parents 401k and a lot of other people’s. They cashed it out and spent it. Why worry about retirement when they paid into social security all their life and the govt has some magic fountain of wealth to pay for their retirement? If you read that book I referenced, you would realize that even some people such as doctors that make 200k a year don’t have much savings and would lose everything if they lost their job. It’s called living a high consumption lifestyle and a lot of baby boomers have done exactly that.
Laptops made plenty of people wealthy. I don’t care where they are from. They became wealthy by making my life better. I could cite any product that made my life better and odds are, people got wealthy by playing some role in that products.
Yeah, it’s a shame the US isn’t as competitive, thanks to our government.
I mean, why manufacture here when there are onerous regulations and labor laws. Honestly, it’s not rocket science to realize they can be more profitable manufacturing abroad because of fewer regulations. And let’s not forget which country has one of the highest corporate tax rates in the world… It might still be the highest. It was recently IIRC.
Tell me then, what should the tax rate on the rich be and do you actually think that it would cure our problems? If you do, you’re living in a dream world, buddy.
Guess what, since 2005 the government has something like $500 billion dollars more in revenue… And we still can’t balance the budget, not that having a balanced budget means anything to you.
The rich are getting richer you say? Could that be because your buddy Ben Bernanke is giving banks free money?
Step 1) Get a career at a large bank
Step 2) Get practically free Money from Bernanke
Step 3) Buy govt bonds
Step 4) profit $$$
The vast majority of wealthy people don’t have those connections though. The majority are self employed, self made millionaires who don’t have connections to Bernanke or the government.
And I never see you complaining about the wealthy politicians and president. People who became wealthy by ruining America, or perhaps that’s what you like? Are you spouting all this nonsense because you want people in my country to do EVEN MORE damage to our economy? People like SMAN who refuse to do anything that even looks like work, but instead makes posts asking how to defraud the social security system for even more free money. Or were you just raised believing that the government is god and that bureaucrats know what is best for you?
See, from my experience, the federal govt has not been good to me. I have had a good experience with local LEOs. When I was a kid, I was in a car wreck during the winter. It was freezing and the officer put his coat over me while they sorted out the wreck. That’s something I won’t forget. My local government is representative of me and my community. The federal govt doesn’t.
Frankly I don’t know why I waste so much time debating socialists from abroad. For all I know, you’re from some euro nation that is nearly bankrupt because of the welfare state that you tout as necessary.
The govt breaks people’s leg, then hands them a crutch and I’m supposed to be thankful that the govt is so helpful? Lol.
Frankly I have no patience for your lot anymore, nor do I give much merit to what a euro socialist has to say. You want to be wealthy? Cool. Go do that, and get taxed out of your mind. Take it like a champ. Maybe they will confiscate money from your bank account like they did in Cyprus. I bet you’d like that.
The fact is, since the early 20th century my country has taken your junk advice. We really ramped it up from the 1960s onward with people like LBJ and Nixon expanding the welfare state. EVEN Republicans have been moving towards bigger govt and socialism.
I’m surprised you aren’t championing George Bush since he was such a pro when it came to enlarging government. He expanded govt by 70% IIRC. He doubled the size of the department of education. He created a $7 trillion dollar Medicare Part D program. He appointed your favorite Fed chairman, Mr. Bernanke and he signed off on massive bail outs and stimulus programs. Why aren’t you worshiping George Bush? He’s another great liberal hero of our age.
Your policies have absolutely destroyed my country. I bet you like that. Or perhaps your delusional enough to think that your policies have been beneficial.
Oh you champion the social safety net. You love welfare. You think the regulations are just dandy.
So own it. Own the junk we are in.
I honestly don’t care if the govt raises taxes. This ship is sinking, why not take down the whole damn thing? Lets fleece the rich. Lets tax them so much they will wish they never started a business. Lets not just tax their income, lets do a Cyprus style confiscation. That will save our economy, right? That will get things back on track.
Sure the debt and unfunded liabilities are literally impossible to pay off, but why the hell not?
All we need to so is raise taxes, expand welfare, give the government EVEN MORE power, and we will be golden. Yeah, buddy. That will fix our problems.
I mad, lol.