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Originally posted by glasshouse
reply to post by wildtimes
You fail to realize that the guy with assets probably already contributed more to the economy than you through income tax, capital gains tax, sales tax, property tax, gas tax etc etc. It's also possible he owns a business. If thats the case, he employs others who also pay taxes. Why don't you tell us how much you paid in taxes last year after write offs and tax credits. How about you stop expecting others to carry most of the weight and do more yourself.
You seem to be really good at identifying what others can do to help the less fortunate, let's hear some ideas of what YOU can do.edit on 30-8-2012 by glasshouse because: (no reason given)
Originally posted by wildtimes
Oh, right. Heaven forbid you could help out a fellow human and still have plenty.
"No thank you". Kinda ironic. You won't be getting a "thank you" because you aren't willing to do anything to deserve one. Ya know what I mean? But hey, millions of frustrated people who have no wealth yet are working their tails off don't deserve anything either.
edit on 30-8-2012 by wildtimes because: (no reason given)
There's a tax deduction for all that borrowed money so when MItt Romney and Bain Capitol want to take over a company....and borrow millions of dollars, that debt service is deductible.
Originally posted by MidnightTide
reply to post by pavil
I am actually the one who wants to go after them both. To me they are both facets of the problem we are facing.
By the way corporations don't pay ANY taxes, ever. One of the base rules of economics is "All costs are borne by the consumer."