It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by darkest4
So tired of hearing this "trickle down" myth brainwashing being spouted in this thread. Trickle down economics has been PROVEN not to work as advertised. The gap between the rich and poor has only INCREASED since its inception and unemployment sure as hell isn't gone after years and years of catering to the rich. Rich people are not some altruistic heros who want to save the poor people. When 99% of rich people get more money what do they do? They hoard it or use it make more money with personal investments (stocks, etc). They don't just all go use it to go help the little guy and hire people and whatever other nonsense trickle down idiots propose.
Companies hire people, not rich people, a company can be just as able to hire new people if their profits aren't thrust 95% into the hands of the CEOs/owners (rather than into hiring more people.. for example just think of how many low wage people you can hire if that asshole ceo wasn't getting his multimillion dollar bonus every year on top of all the other money/stock incentive he gets,, thats the wages of like dozens of new grunt workers..) like they are now or if those CEOs/owners etc are taxed more and their personal wealth decreases slightly. Its been statistically proven trickle down economics doesn't work as claimed, go do the research and stop making bull# claims.
Also, how the hell can all the rich sympathizers in this thread expect people who can barely even SURVIVE, you can barely put food on the table making minimum/low wages in this modern world forget about living comfortably, to pay taxes or more taxes...? If the rich are taxed more it doesn't effect their quality of life AT ALL. They will still ride around in their ferraris, live in lavish mansions, eat like kings etc, meanwhile taxing the poor can literally mean the difference between having a safe roof over your head or not or feeding your kids properly or not. Disgusting.edit on 23-8-2011 by darkest4 because: (no reason given)
Originally posted by beezzer
Maybe I missed the post, maybe no-one knows, but WHAT republicans are stated as going for this? What republicans (is there a list?) are on record as saying that they are for this.
I would like names please.
Originally posted by Kitilani
Originally posted by nyk537
reply to post by inforeal
You are so off base here it isn't even funny.
The "rich" are the only ones paying any taxes!
I am far from rich and I pay all kinds of taxes on a daily basis.
Originally posted by romanmel
Originally posted by SaturnFX
Originally posted by romanmel
We are told by FOX News that we must not tax the rich because they won't hire any new employees if they have to pay more tax. This was the line used back several months ago when the Bush tax cuts on the rich was set to expire. Obama agreed to extend their tax cuts. So, how many jobs have been produced since then??? anyone... anyone...
Well, Jobs have been created...just over in China...gotta think globally as hedge fund style economics is a bit bigger than some trivial new country on the edge of the western world.
Thanks for the info...
Guess I'll have to tell my grandson he needs to move to China to get a job at the standard eightty cents an hour rate. Jobs are available. You just have to be willing to move.
Originally posted by TupacShakur
reply to post by burdman30ott6
Maybe my reading comprehension sucks, but where does it talk about the Social Security payroll tax? The whole article is talking about the income tax, hence the term "income tax" appearing 10 times in the article, and "social security" and "payroll" appearing zero times.
Originally posted by Scytherius
It is AMAZING to me what useful idiots TeaBags are. At least liberals realize we've been had by Obama.