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Originally posted by Baloney
Let the WEALTHY pay their FAIR share for a change!!
They want to play the game and be the BIG timer, have lots of profit, and lots of perks but they DONT WANT to PAY their FAIR share in taxes.
Bunch of ANTI-AMERICAN, UNPATRIOTIC, thieves and cowards they are those that get MAD about having to pay their FAIR SHARE!!
Thats why they are SO ANGRY with the current administration!!
Thats their BEEF with the Dems!!!
Originally posted by Flatfish
reply to post by camaro68ss
No one is saying that we have to return to a tax rate of 90% but if we are going to collect taxes then you have to go where the money is and if 1% of the population controls 95% of the money, guess what happens?
The rich should pay a higher rate because they take more out of the economy. During the Clinton years we managed to somehow develop a budget surplus and the highest tax rate was not 90%.
Now the republican party acts as if the rich will be bankrupted by returning to the Clinton era tax rates. I believe that 22 million jobs were created under those tax rates too!
How many jobs were created under the Bush administration after he put the tax cuts in place? Funny how they don't want to talk about that.
If you're rich and you think that you're being taxed too much, then go make your money somewhere else.
We also need federal legislation that mandates that if you want to sell your product in the USA then build it in the USA with American workers, period! I'm not against foreign companies or multi-nationals. I just believe that if they want to sell their products here, they should build them here and the same goes for American companies that want to sell their products overseas. Toyota is a good example in that they builds cars here for sale here.
Originally posted by woodwardjnr
Is redistribution of the wealth more effective than the trickle down effect?
Originally posted by spikey
reply to post by woodwardjnr
I couldn't care less what they called me.
I think a fair idea to put the money back into the public purse, is to make it compulsory for anyone involved with high level banking at the time of the crash and bailouts, to hand over 50% of their total, personal net worth.
Plough the trillions back into public circulation, problem solved.
The bankers that caused the misery in the first place, would get their just desserts, and the country would be back in the black.
Even taking half their worth, they'd still be wealthy beyond the wildest dreams of average people.