Millionaires and Billionaires shouldnt pay a penny in taxes!, page 1

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ATS Members have flagged this thread 6 times

Topic started on 2-8-2012 @ 05:55 PM by elitegamer23

think of all the jobs that would be created if we didnt ask the job creators to pay any taxes.
we would have so many jobs that the whole nation would be employed.

wages would skyrocket because of all the jobs that the job creators would create that we could actually raise taxes on the middle class and poor because they would have so much money. many people in the middle class and lower class could become job creators themselves because they would also have so much money.

any tax cut for the job creators will simply not be enough. that is just keeping another job from being created.

to save america and the working class and poor we must have jobs. reduce taxes on the job creators to zero and id bet you see 12 million new jobs created in no time. after those jobs are filled more job creators will be created and they will create more jobs and america would be great again.

reply posted on 2-8-2012 @ 05:59 PM by lifeform11

and what guarantee is there that these super rich tax free people would actually use the money saved to create more jobs rather than just extra profits?

reply posted on 2-8-2012 @ 06:00 PM by eyeinoz

the rich bastards should feed the world

reply posted on 2-8-2012 @ 06:03 PM by Jean Paul Zodeaux

No one should be taxed - in perpetuity - on the income they earn. Not the janitor, ditch digger, or industrialist. All people everywhere have the right to earn income and the right to expect to keep every cent they earned.

reply posted on 2-8-2012 @ 06:03 PM by elitegamer23

Originally posted by eyeinoz
the rich bastards should feed the world

and buy us all healthcare unless its birth control!

flame:

cuz taxes to zero for the job creators!

reply posted on 2-8-2012 @ 06:03 PM by zbeliever

reply to post by elitegamer23

No you won't....They will live better and keep us poorer ....You know at Halloween the best candy does not come from the rich neighborhood they keep their money...the poorer friends give out candy bars, while the rich give tootsie rolls...this will be their same attitude about jobs....trust me....

reply posted on 2-8-2012 @ 06:04 PM by MidnightToker

Mitt Romney doesn't pay taxes, how many did he employ? Oh yeah, he was just a vulture capitalist that made himself a lot more money

reply posted on 2-8-2012 @ 06:06 PM by Praetorius

Originally posted by lifeform11
and what guarantee is there that these super rich tax free people would actually use the money saved to create more jobs rather than just extra profits?

l COULD be wrong, but I think the post is satirical...

Now, had the OP taken it to its logical conclusion and said the wealthy should be subject to house arrest, forced to sign power of attorney over to...hell, I don't know, someone the government trusts...and their funds frozen only to US-based transactions or spending somehow, then we'd be cooking.

But so much for freedom, in that case...it's honestly a tightrope, the wealthy being what they are. Raise taxes and watch them expatriate, move their funds and businesses offshore, etc. Lower their taxes, piss everyone off, and gamble on them somehow investing those funds usefully here at home. Sad fact, though - tax the rich even at 100%, and you're not going to make up shortfalls. Gotta get government spending under control, cut up the credit cards, and make the government realize that - despite their central-bank fantasies - the credit gets cut off at some point, and spending well above and beyond your means is doomed to failure.

We can talk about taxes this way or that until the cows come home, but until there are some fundamental changes in government fiscal policy, that's essentially worthless.

Damned if you do, damned if you don't. This is why I hate Mammon.

reply posted on 2-8-2012 @ 06:07 PM by drwizardphd

Originally posted by elitegamer23

wages would skyrocket because of all the jobs that the job creators would create that we could actually raise taxes on the middle class and poor because they would have so much money. many people in the middle class and lower class could become job creators themselves because they would also have so much money.

Not sure if troll or serious...

We've had tax cuts for the top earners for several years now, where are all the jobs?

Taxing the middle and lower classes more so we can support the wealthy?

I don't follow your logic at all. Neither does Economics.

reply posted on 2-8-2012 @ 06:07 PM by RealSpoke

You're anti-American

The Boston Tea Party happened because of corporate tax cuts.

The middle and poor class create the jobs. They purchase the majority of the services and products. Without them there would be no rich.

Plus we already tried the tax cut on the rich thing and it didn't work. They outsourced in order to make even more money.

*I'm aware you're being sarcastic though*

edit on 2-8-2012 by RealSpoke because: (no reason given)

reply posted on 2-8-2012 @ 06:10 PM by neo96

There should be no income tax on anyone in this country once upon a time in America that was the case, but that would make too much sense it is just easier to use taxes as wedge issues and create animosity between the right and left for this election year.

The only thing income tax does is prop up already bad government spending habits that blow that cash,never going to what it was suppose to go to in the first place,and then rinse and repeat.

If anyone missed the point No one should pay income tax

reply posted on 2-8-2012 @ 06:11 PM by Indigo5

reply to post by lifeform11

It is a tounge in cheek OP.

The point is that trickle down has never worked. It was called "Horse and Sparrow" in the 1800's...if you feed the horse enough oats, some of them will pass when the horse craps and the sparrows can pick them out of the crap.

To me....trickle down is more akin to a Rich man asking a man dying of thirst for his last gulp of water, promising he will fill the man's canteen to the top when he pees.

From an economists perspective...trickle down is simply nonsense.

THINK

No business ever hires when it is simply given more money. They hire and expand when DEMAND for thier products (CONSUMPTION) increases....otherwise, when the middle class has more money to spend...businesses hire to meet that consumption/demand.

If you owned a business and no one was buying your products, because they didn't have money....and then the government gave you money...you'd save it. Why would you expand? No one is buying your products!

Trickle down as stimulas to an economist is like telling a mechanic that the best way to start an engine is by pouring gas on the spark plug...you put the gas IN THE TANK.

We need a healthy middle class with disposable income and until we get back to that...any wealthy person that we give more money to is going to pocket it...not hire people to build products that aren't in demand...why bother? They just got money for free and "investing" in a company that nobody can afford to purchase from???WHAT? Why?

Just idiotic logic. Give a business owner a million dollars...he will NOT hire....Give a business man a Million customers and every bank in the world will fight for the privledge to give him money for expansion.

edit on 2-8-2012 by Indigo5 because: (no reason given)

reply posted on 2-8-2012 @ 06:11 PM by TsukiLunar

reply to post by elitegamer23

to save america and the working class and poor we must have jobs. reduce taxes on the job creators to zero and id bet you see 12 million new jobs created in no time. after those jobs are filled more job creators will be created and they will create more jobs and america would be great again.

I would take it a step further and say that they should not only not pay taxes, but get a part of the taxes we pay as well! Think of all the "trickle down" that would be happening. The average American would receive more money and we can then pay them more money! This will snowball, I guarantee it.

Flawless!

edit on 2-8-2012 by TsukiLunar because: (no reason given)

reply posted on 2-8-2012 @ 06:11 PM by lifeform11

reply to post by elitegamer23

who exactly are the job creators?

because if we didn't tax poor people then it would give them more to spend on services and consumerism, which would increase demand and create more jobs.

jobs creation is not just the rich creating businesses, for it to be successful it needs customers, customers with extra tax burdens and less to spend could kill lots of businesses as alot of people can no longer afford to consume.

I agree with the other poster, nobody should pay taxes. But while we do we should all pay the same percentage.

it is the only fair way in my opinion.

reply posted on 2-8-2012 @ 06:13 PM by elitegamer23

Originally posted by TsukiLunar
reply to post by elitegamer23

to save america and the working class and poor we must have jobs. reduce taxes on the job creators to zero and id bet you see 12 million new jobs created in no time. after those jobs are filled more job creators will be created and they will create more jobs and america would be great again.

I would take it a step further and say that they should not only not pay takes, but get a part of the takes we pay as well! Think of all the "trickle down" that would be happening. The average American would receive more money and we can then pay them more money! This will snowball, I guarantee it.

Flawless!

you sir are a genius!

trickle down , trickle up, and trickle down lots more. i love it!
we can save america people we really can.

cuz all taxes for the job creators !

reply posted on 2-8-2012 @ 06:14 PM by RobinB022

So the rich get richer and the poor get poorer.

Meanwhile, the govt' spends as they please.

reply posted on 2-8-2012 @ 06:14 PM by neo96

reply to post by RealSpoke

The Boston Tea Party happened because of corporate tax cuts.

Really the Boston tea party was because of taxation without representation much like the income tax is.

The middle and poor class create the jobs. They purchase the majority of the services and products. Without them there would be no rich

No they don't because jobs are created when someone else is taking all the risk spending all the money so that other people can just walkin the door and fill out an application and press a button, or sweep a broom.etc.

Plus we already tried the tax cut on the rich thing and it didn't work. They outsourced in order to make even more money.

Working out great in China where all the evil rich folk are creating jobs so that the middle class can buy all those must have "civil rights".

reply posted on 2-8-2012 @ 06:17 PM by Indigo5

Originally posted by lifeform11
reply to post by elitegamer23

who exactly are the job creators?

It's a name that Frank Lutz (Professional wordsmith for the GOP) made up to describe the rich bastards who gladly took trillions of your tax dollars in bailouts and enjoyed a tax break for over a decade...whilst all the time not creating any jobs.

Lutz also gave you..."Government takeover of healthcare"...and if you are old enough to remember...He gave you "Death Tax"...it polled much more negatively than "Inheritance tax"...

edit on 2-8-2012 by Indigo5 because: (no reason given)

reply posted on 2-8-2012 @ 06:19 PM by RealSpoke

reply to post by neo96

The Boston Tea party started over the TEA ACT which was a corporate tax cut......

Representation was only part of it..

It is important to understand that the Tea Act actually placed no new tax on tea. Instead it simply gave a tax break to the East India Tea company.

www.boston-tea-party.org...

Learn history NEO

No they don't because jobs are created when someone else is taking all the risk spending all the money

Nope, all classes are inter-dependent upon one another.

Working out great in China where all the evil rich folk are creating jobs so that the middle class can buy all those must have "civil rights".

Who buys civil rights? The majority of civil rights issues were always a poor class problem, not middle anyway.

The USA's middle class is disappearing due to outsourcing...are you really praising our service based, low-wage economy because there is a Walmart?

edit on 2-8-2012 by RealSpoke because: (no reason given)

reply posted on 2-8-2012 @ 06:24 PM by ANOK

Originally posted by elitegamer23
think of all the jobs that would be created if we didnt ask the job creators to pay any taxes.
we would have so many jobs that the whole nation would be employed.

Think of all the jobs that would be created if we had worker ownership of the means of production.

Just think if we had the machinery to produce for our needs, no more unemployment, no more artificial scarcity of resources, no more poverty.

Sorry, but if capitalists didn't pay taxes they would not create jobs. It would simply mean they would make more profit.

Lack of money is not why they are not creating jobs. Just a couple of headlines...

U.S. Companies Making Record Profits -- Because They Invest in Machines, Not Workers

Companies Sitting on Cash, But Not Hiring

Companies hold on to cash AJC exclusive: Despite profits, hiring doesn't increase much

Companies churn out profits but not jobs

American Businesses Sitting on Record Profits, Still Not Hiring

Rise in profits, more hiring? Not exactly

“Recovery in full swing” declared the front-page headline in Thursday’s edition of the Detroit Free Press, which gushed over reports of increased car sales, surging stocks and multi-billion profits for the Detroit automakers, a year and a half after GM and Chrysler declared bankruptcy.

For workers in the depressed industrial city, where the real unemployment rate approaches 50 percent, assertions about a soaring economy generate nothing but contempt. Michigan has the second highest unemployment rate in the nation and by the end of April 168,520 jobless workers—or 1,100 a day—will lose extended unemployment benefits, stripping their families of any income....

Detroit media celebrates recovery of auto industry profits

edit on 8/2/2012 by ANOK because: (no reason given)

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