Political Forums  

Go Back   Political Forums > The Unemployment Line
Register FAQ Community Calendar Today's Posts Search

We appreciate your help

in keeping this site going.
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #4  
Old 11-17-2010, 08:23 PM
whell's Avatar
whell whell is offline
Senior Member
 
Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
Just feeding my need to be devils advocate here:

Let's just tax anyone making over $250K at 100%. Let's just quit messing around and do it right once and for all. Those rich bastards probably just screwed someone else and took their money and called it "making a profit", so lets just fix 'em and tax 'em at 100%.

"...let high-end tax rates return to where they were during the Clinton years and use the $65 billion in additional income over the next two years for tax breaks for businesses that increase investments or hire new employees. After that, the extra revenue would go toward deficit reduction."

Well, hell, Health Care Reform takes virtually all of top earners’ ordinary income tax to 44.6 percent, starting in 2013 with the increase in the Medicare tax. Going back now to the Clinton-era rates of 40.8 and 43.7 percent in the top brackets would essentially give Obama his wish a couple years early.

And does anyone really believe that the BEST path to deficit reduction is raising taxes? We're already in a recession, so lets take money out of the economy where it might actually be put to use, just so we can make government flush?
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 11:37 AM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.