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Originally posted by thegagefather
Give me one logical reason that we can't make it fair.
Originally posted by babybunnies
There's a cap of only a few hundred thousand dollars on the taxes that the rich pay?
Then why in the hell are we giving them extensions on their tax breaks?
I bet even with the Bush tax cuts, the richest Americans are only paying the same they have every year.
Smoke and Mirrors. No wonder they hate Ron Paul's idea of scrapping the IRS and doing a sales tax instead ! We'd generate hundreds of billions of dollars extra by doing this.
He made a few minor errors, but overall, the numbers are fairly close, considering how little information is available.
my point is the rich owe roughly $34,000,000,000 in taxes in 2007 alone.
Because the median salary of these 400 families is over $87,000,000
400 x 87,000,000 = $34,800,000,000
It still doesn't answer the question as to who is supposed to pay back the Trillions of dollar of debt borrowed by republican admins.
Or the reality that all the numbers are phony baloney.
Originally posted by libertytoall
Let's not forget to mention the ONLY REASON America had a strong middle class throughout the ENTIRE 19th century was because the rich paid ZERO taxes. Forcing the wealthy to pay high taxes stunts growth, investment, spending, etc.. It's the absolute worst thing for the economy.
Deregulation and lower taxes = economic growth.edit on 27-4-2012 by libertytoall because: (no reason given)
The rich should pay for our huge military presence overseas, which means they are grossly under paying their share of the taxes.
Originally posted by XPLodER
whats interesting is that for some corps,
they seem to be able to pay no taxes and instead spend the money on lobbying politicans.
I just don't get how people can sit here and blame "the rich" for the economic problems we're facing. "The rich" have always been responsible for the success and growth of our economy.
Glad you see my point, we don't know how much they pay.
What we do know is that the middle class pays far too much.