47% of households will pay no federal income tax

[cryptosporidium]

I can't wait til all the rich move their companies and money outside the coutnry - avoid paying taxes - and all you bitches now have a fucked up government cuz there's no tax money for anything! hahahaha.

did i dream that this already happened

 

[bakemeacookie]

And I'm sorry, but yes, those who make the lion's share of the profits in this world SHOULD give more than those who do not.

Basically pay this amoiunt or we put you in jail. Government unfair taxation at gunpoint.

so....Then don't bitch when said rich people get pissed off at the govt taking their money at gunpoint and move their companies (and jobs) overseas. Like they're doign right now.

How's the depression and deficit coming along? Like it

c

 

[mrplunkey]

Basically pay this amoiunt or we put you in jail. Government unfair taxation at gunpoint.

so....Then don't bitch when said rich people get pissed off at the govt taking their money at gunpoint and move their companies (and jobs) overseas. Like they're doign right now.

How's the depression and deficit coming along? Like it

c

Capital has been moving steadily outside of the US for some time, and Barry's class warfare rhetoric will accelerate that pace.

 

[billfred]

What I don't understand is why there isn't just a simple flat tax, no loopholes, no excuses, no shelters, and call it a day. Oh, and just have everything taken out of our weekly paychecks and be done with it, instead of this mad scramble once a year.

The real reason is congress uses the tax code to control policy and our lifes. It is an important tool for government manuplation. Take it away and you take away most of their power.

 

[UA_Iron]

You make more, you pay more. Thats all there is to it. Musclemom is wrong.

Work hard, get ahead, make more money, get punished more and pick up for other degenerates lack of taking care of themselves. Fuck this country.

 

[billfred]

like you said earlier. . .it's extremely complicated. . .but, at their heart (i.e., pure legislative intent) virtually every "tax break" is an incentive to encourage people with some extra money (or with LOTS OF EXTRA MONEY) to invest in industries and what-not that will create jobs for the masses, whether it be their own business (in the instance of sole proprietors, small partnerships and small corporations) or someone elses (in the event of widely-held, publicly-traded entities). . .no. . .i'm not kidding. however, there are a lot of really good tax attorneys and such out there, that look at the rules of those "tax breaks" for opportunities (loopholes) to legally exploit (bastardize) the inherent weaknesses in most legislation. a pure flat tax will remove most (if not all) of the incentive for investment.

like you said. . .it's complicated. . .

yes here lies the other problem of a flat tax. Imagine being in a capital intesive industry where you have to invest large $$ every year to generate income and then you pay a flat tax on that income with no accounting (deduction) for all the money you invested in the equipment.

Now compare that to a company like Microsoft that invest about $.25 for every version of Windows or Microsoft Office they sell yet they pay the same flat tax on the Revenue.

All the money will flow towards service industries (even more so than now) and not one single manufacturer will be located in the United States. Not just not manufacture in the US but will also move headquarters overseas.

 

[musclemom]

You make more, you pay more. Thats all there is to it. Musclemom is wrong.

Work hard, get ahead, make more money, get punished more and pick up for other degenerates lack of taking care of themselves. Fuck this country.

So putting more into the pot, when you have more, is just supporting degenerates? Not the handicapped or otherwise infirmed who can't work, not the seniors, who can't find work.

As I like to point out, don't be so quick to condemn. Just because now you are young strong and healthy and don't have to support someone who is old or ill doesn't mean that will be the case forever.

The govt. loses way more money from the upper tax brackets that know how to work the system and use every loophole there is than it gives away to those who are living on fixed incomes, SSD, or welfare.

 

[Dial_tone]

Capital has been moving steadily outside of the US for some time, and Barry's class warfare rhetoric will accelerate that pace.

Barry's class warfare rhetoric is the same as every other Democratic president, as is the Republican "all the money will leave" fear tactic. Is there some linkage that shows the history of "the money" leaving when Dems are in office and coming back when the Elephants take over?

 

[digimon7068]

Barry's class warfare rhetoric is the same as every other Democratic president, as is the Republican "all the money will leave" fear tactic. Is there some linkage that shows the history of "the money" leaving when Dems are in office and coming back when the Elephants take over?

manufacturing IS our economy. . .and it's been moving (sometimes slowly, other times more quickly) offshore for a very long time, under every administration. . .

 

[mrplunkey]

Barry's class warfare rhetoric is the same as every other Democratic president, as is the Republican "all the money will leave" fear tactic. Is there some linkage that shows the history of "the money" leaving when Dems are in office and coming back when the Elephants take over?

The historical and forecasted decline in manufacturing is well-documented so that's not up for debate. Furthermore, jobs have left on both Republican and Democratic watches.

The big difference is those mean-old Republicans fight some of the policies that drive business away while Democrats push those policies. Want some current examples?

- Cap and trade
- Taking away secret ballot elections
- Revocation of Bush tax cuts, including the reduction of double-taxation of dividends (which is criminal, in my opinion)

All three of those factor into a company's decision as to where to send jobs.

Now please list three current policies being pushed by Republicans that are similarly driving businesses out of this country.