It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Cantor revives GOP war on working poor

page: 1
16
<<   2  3  4 >>

log in

join
share:

posted on May, 4 2012 @ 10:38 PM
link   


The Paul Ryan budget seeks to cut $5.5 trillion from federal programs for the poor and turn that into $4.5 trillion in tax breaks for the wealthy, most likely using the rest to address the budget deficit. The Association of Catholic Bishops has issued a statement decrying the move as inhumane, but Ryan claims they don't represent ALL the bishops. The fact is corporate welfare costs taxpayers three times as much as social welfare.
edit on 4-5-2012 by Icarus Rising because: title




posted on May, 4 2012 @ 10:55 PM
link   
To put it in Cantor's very words: "I've NEVER believed that you go and raise taxes on those that are SUCCESSFUL, that are paying in...." From his own words, he doesn't believe in those at the bottom getting handouts. He's clearly much more comfortable with those at the top, who are "successful," getting the handouts. In his mind, that's the natural order of things....

ETA: As I was trying to explain to my boss the other day: Socialism [bad] is when someone else benefits from handouts. Capitalism [good] is when you benefit from handouts.
edit on 5/4/2012 by Ex_CT2 because: (no reason given)



posted on May, 4 2012 @ 11:03 PM
link   


The fact is corporate welfare costs taxpayers three times as much as social welfare.


Really?
www.usdebtclock.org...

15 trillion for Social Security
20 trillion for Prescription Drugs
82 trillion for Medicare

50 million on Welfare
over 1 trillion in student loans
and not counting Medicaid

hmmm
edit on 4-5-2012 by neo96 because: (no reason given)



posted on May, 4 2012 @ 11:05 PM
link   
What a complete dodge to the question the man asked. He basically asked the same question right back to him.

We all know the answer internally, though. They want to make those 45% living paycheck to paycheck to "pay their fair share" despite the fact that most probably can't afford to do it.

Of course we are going to get to a system like this where almost half the country can't afford to pay income tax when 10% of the population owns a vast majority of the wealth. We don't want socialism, we just want it to be a fairer game than it is today! But even dare mentioning that it even be 1% more in favor of the lower classes and you will find yourself labeled a socialist or marxist.

And if they think taxing the people that do live paycheck to paycheck is going to solve any problems, they got another thing coming. These people will just go out to eat less, buy less things, and instead focus on the bare necessities to live. Others will fall through the cracks and no longer be able to keep their home, clothe their kids, or have enough food to eat.

They will buy less, lowering demand and killing what could be hundreds of thousands of jobs.

What about them Mr. Cantor? They aren't paying their fair share, according to you.



posted on May, 4 2012 @ 11:08 PM
link   
I think we should tax the fed and the politicians. This is their mess.



posted on May, 4 2012 @ 11:15 PM
link   
I personally don't enjoy paying for people to live off 45k a year while I work my ass off in school and work.



posted on May, 4 2012 @ 11:20 PM
link   


They will buy less, lowering demand and killing what could be hundreds of thousands of jobs


Republicans don't care about jobs (in spite of claiming they do) they care about ruling over all of us, basically turning us into slaves.



posted on May, 4 2012 @ 11:21 PM
link   
I'm shocked that so many so-called Republicans applaud this sort of thing while living in the 'middle class' or below.
Obviously they are all temporarily inconvenienced billionaires. They are making sure that all the laws are in place for when they eventually join the elite top 0.01% and are able to call the shots for themselves. In the meantime they won't object to the country being raped and pillaged, because eventually - EVENTUALLY - they will be there. They don't mind suffering because sooner or later these ideals (which, luckily enough, they can get from Fox News) will pay dividends for them. That these ideals only actually benefit a very small number of people is besides the point.
Their 'freedoms' that they hold so dear are being stripped away one by one. Their country which they love so much is being controlled by the wealthy rather than by the 'people' who are mentioned in the constitution.

It's all an illusion, and everyone is staring at the rabbit saying, "How did he do that?" The sad part is that they willingly paid thousands of dollars to see the magic act.



posted on May, 4 2012 @ 11:29 PM
link   
Tax the people that have no money to tax, great idea



posted on May, 4 2012 @ 11:31 PM
link   

Originally posted by neo96


The fact is corporate welfare costs taxpayers three times as much as social welfare.


Really?
www.usdebtclock.org...

15 trillion for Social Security
20 trillion for Prescription Drugs
82 trillion for Medicare


The statistic he is citing:

Spending for corporate welfare programs outweighs spending for low-income programs by more than three to one: $167 billion to $51.7 billion

www.eriposte.com...
edit on 4-5-2012 by stanguilles7 because: (no reason given)



posted on May, 4 2012 @ 11:34 PM
link   

(Reuters) - Thirty large and profitable U.S. corporations paid no income taxes in 2008 through 2010, said a study on Thursday that arrives as Congress faces rising demands for tax reform but seems unable or unwilling to act.


Pepco Holdings Inc, a Washington, D.C.-area power company, had the lowest effective tax rate, at negative 57.6 percent, among the 280 Fortune 500 companies studied.

Others among the 30 companies included power producer American Electric Power Co Inc (AEP), chemicals company DuPont and toymaker Mattel Inc.

www.reuters.com...

But yeah, tax the poor, forget about the corporations...




edit on 4-5-2012 by RealSpoke because: (no reason given)



posted on May, 4 2012 @ 11:39 PM
link   


15 trillion for Social Security


Social security isn't a poverty program.



posted on May, 4 2012 @ 11:46 PM
link   
Eric Cantor has a spot reserved in hell. I'm sure he will feel right at home when he gets there.



posted on May, 4 2012 @ 11:48 PM
link   
As a SS and Medicare precipitant, I am totally angry at what I paid into for 48 years being called 'entitlements'. We had no choice and if the gov did not invest or use our money judiciously it is not our fault. Dare I say we could have done better on our own. I now draw more money from my savings to live on than I get from SS.

When I signed up for Medicare Advantage, which is medicare plus, through an insurance company, I was told that the gov. gives these companies between 600 and 800 dollars per month per individual. That is a minimum of 7200 per year. In 20 months I have used less than 500 hundred dollars. Even with limited drugs, procedures and tests, this is giving the companies a hugh profit. If not, they would not be vying for the gov. business.

So cut with the crap that medicare and SS are entitlements. They mismanaged the money and now try to make us look like loafers and beggars.



posted on May, 4 2012 @ 11:48 PM
link   
reply to post by stanguilles7
 


And the link that was provided shows over 2 trillion dollars currently being spent on social security and medicare alone.



posted on May, 4 2012 @ 11:50 PM
link   
Social Secuirty isn't a poverty program?

The average Social Secuirty check for 70 million Americans is 800 bucks a month less than 10 grand a year.



posted on May, 4 2012 @ 11:50 PM
link   
reply to post by neo96
 


You are totally right.We cannot feed and give welfare to poor as it makes them lazy.



posted on May, 4 2012 @ 11:52 PM
link   
reply to post by liveandlearn
 





So cut with the crap that medicare and SS are entitlements. They mismanaged the money and now try to make us look like loafers and beggars.


And at the same time, call for more tax breaks for the same rich SOBS that caused the problems in the first place!!!!

I didn't pay into SS and Medicare my whole working life to get shafted by corporate corrupted politicians. I'd like to see them take SS and Medicare away.

I dare them.



posted on May, 4 2012 @ 11:52 PM
link   
Social Security is an entitlement program for the simple fact

You pay 6% into that per year the employer pays another 6% which breaks down to someone who is making 35 grand a year means they paid a whopping $2,100 in that year for however long they work.

The employer matched that at another $2,100 and yet people get out far more than they ever paid in.

That is an entitlement since your getting paid back more than you ever paid in.



posted on May, 4 2012 @ 11:53 PM
link   
reply to post by liveandlearn
 


Don't you know! You're not entitled to entitlements YOU paid into as a citizen of this country. If you collect SS you are a poor, lazy, "useless eater" to some of these people on here.

You must work until you die, your tax money should go to the military, corporate welfare, banker bailouts, and interest to the Fed. If you go blind, have a stroke, become paralyzed, or get too old to work.. well that is your problem. If you aren't generating income then your life means nothing, go crawl up and die in a tunnel somewhere.


edit on 4-5-2012 by RealSpoke because: (no reason given)



new topics

top topics



 
16
<<   2  3  4 >>

log in

join