Economists Say We Should Tax The Rich At 90 Percent

a reply to: FyreByrd
True indeed and I wouldn't dismiss it. I just see a lot of other factors contributing to the flustercluck we're in the midst of right now. I would be the last to dismiss the idea of evil, greedy corporate actors. I view some of them that very way and do not contribute to their wealth by patronizing their corporations.
I know that the halls of every legislature are filled with greedy, scheming low-life characters. I saw a goodly percentage of our state legislature led away in handcuffs back in the early '90s for taking bribes from the horse racing industry. I'm under no illusion that anything significant has changed. But I continue to attempt to make positive changes within the system, always keeping my pitchfork and tar & feathers handy.

originally posted by: AlaskanDad
So what if some quit, those quitters won't deserve to work, they'd be lazy bunch of do-littles. There are others that would happily take their places!

Please post about the masses that do the same and get no were in life, please...

You suggest some...Do you suggest that everyone that make 450k and above are "do-littles"?

I see more small businesses where owners try to keep in that lower tax bracket, more like the 50's when there were more mom and pop businesses. Small dinners, mop & pop convenience stores, not every business owner needs multi millions to be happy.

Well there still like 80% of America that work for the small business owner. I do not shop at Walmart, I will never shop at Walmart, I will never support them, but the masses do...the masses that do not pay taxes do...

There is no one so important the world can not survive without , ie - we live, we die!

That is right we live and die...

I care about my family, I support charities, but in the end I really do not care that much about the masses who by their own efforts, or lack of, get stuck in the subsistence lifestyle. Take care of yourself and your family, don't worry about the rest. I have done well with that ideal and I think much of this is people, for some reason, feel the rich is holding them back and the only person doing that is themselves.

Tax the rich, they will not go hungry!

Don't really care about either the rich or the poor, EVERYONE makes their life as it is.

originally posted by: FyreByrd

Interesting and scary statistic.

How much does it cost to be an American? I'm not rich, but I pay close to 50k in federal taxes alone. I think I pay enough as ONE American, what do you say?

Screw the rich, Screw the poor.... I TCB as the great Elvis said... What that means is I take care of my family, help my community and pay taxes...Now when the Government spends more than what the whole country can pay, that is a problem.

In the end though, I will still, no matter the President, do well. That is what life is all about...TCB and if you can't just look in the mirror as to who is the blame.

The only problem I see with this is the money taxed will be under the control of people who are at the very least irresponsible with money. These same people are just as fallible and greedy as those taxed. Just because government will be in control of the money doesn't mean it will be used justly. People are people no matter what position they hold in life. The less people in control the better for all.

originally posted by: NavyDoc

originally posted by: AlaskanDad
a reply to: OccamsRazor04

Better work on your code, most of your quote is missing.

You should read what Xtrozero wrote do a little math, he is talking about taxing the one percent a 100%. If not his 650 million is wrong.


A little fact checking shows:

Federal Income Tax Data, 2011

1,042,571 Income Taxes Paid ($ millions)

Why do you want to take from me what I've honestly earned. DO you hate people who make more than you that much?

Yea they are Marxists. This thing about the rich and fair share ect is just running cover for what they really want. They don't even like a healthy middle class. Wealth be it large or healthy middle class represents political power. They don't really like self expression or determination especially when it can be demonstrated economically.

a reply to: AlaskanDad

Apply a 90% tax to the Rothschilds and the worlds problems will be over.

Last i heard, they had a fortune of around 40 Trillion...that should pay a few bills at 90%.

originally posted by: MysterX
a reply to: AlaskanDad



Apply a 90% tax to the Rothschilds and the worlds problems will be over.

Last i heard, they had a fortune of around 40 Trillion...that should pay a few bills at 90%.

Or better yet put that entire clan in front of a fireing squad and take 100% of there money.

They have gathered there wealth through theft, corruption, explotation and war profiteering.

I say stick the lot on trial , execute them then use there asets to pay for the damage.

a reply to: JesperA

What stolen money?

Erm the trillion or so pinched from US and EU taxpayers after the 2007 crash!

Those bailouts were thegpt from the poor and middleclass and I want my GD money back!

Let the rich who caused the trouble pay that bill as not only was the expense caused by them in the first place but they should never have been allowed the bailouts in thebfirst place!

originally posted by: peck420
a reply to: diggindirt

Are you trying to imply that a persons personal financial ability has a definite effect on their personal financial position?

You can't possibly be serious...

Interesting, considering that y'all say the exact same thing--just in the inverse.

originally posted by: Xtrozero

originally posted by: AlaskanDad
a reply to: OccamsRazor04

Better work on your code, most of your quote is missing.

You should read what Xtrozero wrote do a little math, he is talking about taxing the one percent a 100%. If not his 650 million is wrong.


A little fact checking shows:

Federal Income Tax Data, 2011

1,042,571 Income Taxes Paid ($ millions)

Actually I said...

As I said it is spending, but our Government has created the evil rich to keep everyone's mind off the real reason. Do you know that if we taxed everyone 100% over 1 million that would only generate 650 billion, or about 1/3 the deficit for the year.

And you can only do that once.

originally posted by: crazyewok

originally posted by: MysterX
a reply to: AlaskanDad



Apply a 90% tax to the Rothschilds and the worlds problems will be over.

Last i heard, they had a fortune of around 40 Trillion...that should pay a few bills at 90%.

Or better yet put that entire clan in front of a fireing squad and take 100% of there money.

They have gathered there wealth through theft, corruption, explotation and war profiteering.

I say stick the lot on trial , execute them then use there asets to pay for the damage.

The difficulty is that the real uber-wealthy, the guys who are pushing this sham--George Soros, Bloomberg, etc.--will ensure that their money is safe from any laws. What they are doing, and doing quite well, is to raise the people's anger against the higher earners, the "evil one percent." These people make enough to be comfortable, but not enough to have the armies of lawyers and offshore properties to protect themselves.

This is really part of their plan. They want (and have) created a new "Kulak class" to focus the anger of the proletariat whilst they go on doing what they do.

And, given many of the angry, spiteful, and outright violent sounding posts in this thread, they have done quite well in achieving this.

a reply to: NavyDoc

Well some how that neo astrostocracy needs to be taken down.

There has to be away of bring them to justice, forceing them to pay for the damage they have created but with out indiscrimate targeting of the rich.

I have no problem with a doctor, lawyer or hell even banker that has gotten weath legaly and without corruption.

But those very few 0.1% like the rothchilds or bloomberg have not only gathered there wealth by dubius means but have held on to it via outright coruption , tax payer theft and political blackmail.

If i ran my buisness into the ground due to financial recklessnes there would be no bail out for me, just bankruptsy , my assets getting siezed and possibly criminal charges for financial misconduct.



Ps everyone forgive spelling im typeing on a iphone touch pad.

originally posted by: crazyewok
a reply to: NavyDoc

Well some how that neo astrostocracy needs to be taken down.

There has to be away of bring them to justice, forceing them to pay for the damage they have created but with out indiscrimate targeting of the rich.

I have no problem with a doctor, lawyer or hell even banker that has gotten weath legaly and without corruption.

But those very few 0.1% like the rothchilds or bloomberg have not only gathered there wealth by dubius means but have held on to it via outright coruption , tax payer theft and political blackmail.

If i ran my buisness into the ground due to financial recklessnes there would be no bail out for me, just bankruptsy , my assets getting siezed and possibly criminal charges for financial misconduct.



Ps everyone forgive spelling im typeing on a iphone touch pad.

Well, just be careful that we don't fall into their trap of another genocide against the Kulaks because that's what all this "tax the rich" talk is about. Those doctors and lawyers and authors and small and moderate and even large sized business owners are the ones who are being targeted by this rhetoric.

One way to hurt the Soros' of the world is to reduce the power of government to give them what they want. If government (at least in the US) was kept to it's Constitutional constraints, there would be no bail outs because that is not something that government was authorized to do.

a reply to: AlaskanDad

Soooo, 2, not 3 or 4 or five, but 2 Progressive Professors state this and it must be true.


Funny, as those who can, do. Those who can't, teach. And those that can't but are really full of crap go on to become Professors.

And an article driven by the Huffington Post no less.

Thanks for providing a regurgitated Progressive wet-dream.

Nothing like promoting the whole "They have more, it's not fair so we should take what they got" thing.

a reply to: NavyDoc

As stated a number of times Im no fan of the 90% as can see it folly.

The neo Aristocracy will just evade it and it will just hurt the honest rich.

I just want to see EQUAL application of Laws and taxes. No to big to fail or jail.


But corruption and crony capitalism is so in grained into the political system I cant see anything but drastic action changing that.

The system is in no present state to spring in to a fair free market state or even a fair working Scandinavian socialist state.
The game is so far in the crony capitalists favor what ever way our states are pushed they will win and we will lose.

I can only see a uprising were people left and right put down there differences and concentrate on rooting out the scum, the rotten politicians, the string pullers, the rich dysentery family that have spend century building wealth off of war, corruption and political black mail, The corporations like BP that have got away with fragment law breaking. Everyone needs to unite root them out and destroy them.

After that we can discuss what way our respective country's need to go be it successful free market or successful Scandinavian light socialism. That up to the people of the USA and UK to decide separately and after all the corrupt influences have been destroyed one way or another.

originally posted by: macman
a reply to: AlaskanDad

Soooo, 2, not 3 or 4 or five, but 2 Progressive Professors state this and it must be true.


Funny, as those who can, do. Those who can't, teach. And those that can't but are really full of crap go on to become Professors.

And an article driven by the Huffington Post no less.

Thanks for providing a regurgitated Progressive wet-dream.

Nothing like promoting the whole "They have more, it's not fair so we should take what they got" thing.

I think rather than just belittling and dismissing people like Alaskandad it may be a good idea to look at the underlying problem.


Im going to guess (And the OP can correct me) It not so much them have more that's the problem.

It seeing many big CEO, politicians and family dynasty not only acquiring there wealth but holding on to it through means that would get me or you jailed.


As I have stated as Director of a business if I act recklessly financially and my company goes bankrupt, that's it my assete get seized and I possibly will get charged and have to stand trial for financial recklessness

If your in the correct social group or family the above does not apply.

Hell you can even get away with outright murder if you in the correct group.

Forget about higher taxes or wage caps or even minimum and maximum wages ect

We just need Equal application of laws and taxes

No exceptions, no to big to fail or jail.

Just equal application of law.

If that happens I grantee the "progressive" talk and idea will settle down to just a few hardcore extremists no one will listen too as the masses just get on with there life's under a somewhat fairer system not artificially rigged in favor of a few elite.

What we see is not some progressive conspiracy just misplaced anger. They see a very few corrupt elite and put 2 and 2 together to get 3 and blame all the rich.

a reply to: crazyewok

Look, I never stated that the actions of say, MCI, should go unpunished. Those same style of actions are repeated within the Govt as well.

Taxing is not there to be a punishment. Nor is is there to equalize life.

Taxes are there to fund a Govt, that was designed to be bare bones and minimum.

That is the problem.

Too many people are looking at Taxes in a light, other then funding a Govt. THAT is the problem.

originally posted by: macman
a reply to: crazyewok

Look, I never stated that the actions of say, MCI, should go unpunished. Those same style of actions are repeated within the Govt as well.

Taxing is not there to be a punishment. Nor is is there to equalize life.

Taxes are there to fund a Govt, that was designed to be bare bones and minimum.

That is the problem.

Too many people are looking at Taxes in a light, other then funding a Govt. THAT is the problem.

I wanst having a dig mate just pointing out why many people like the OP are clamming for high taxes.

To me its just misguided anger.

Like you I 100% agree higher taxes are NOT a way to go and they should not be used as a punishment.

But I can were were people like the OP are coming from. The Lower and middle classes and even lower rich have been brutalized over the last few years and those responsible have not only got away scott free but seem to have hijacked our governments, look at mayor Bloomberg he basically owns a city

Problem us I think most people are looking at the the wrong targets IE the rich in general rather than the government and a very few elite.

a reply to: NavyDoc

ND,

I must apologize, I assumed the sarcasm was evident in that statement.

Next time I will emote it for added effect.

a reply to: Xtrozero

originally posted by: AlaskanDad
So what if some quit, those quitters won't deserve to work, they'd be lazy bunch of do-littles. There are others that would happily take their places!

originally posted by:Xtrozero

Please post about the masses that do the same and get no were in life, please...

I will happily reply about the masses that will not take a poverty level job. You see the whole reason I posted this was, the sarcasm of those who constantly complain, that some people do not want to work if the jobs are paying less than livable wage, would quit their job just because they could not make millions a year!

originally posted by:Xtrozero

You suggest some...Do you suggest that everyone that make 450k and above are "do-littles"?

Read more carefully; I said those quitters won't deserve to work, they'd be lazy bunch of do-littles

originally posted by:Xtrozero

Well there still like 80% of America that work for the small business owner. I do not shop at Walmart, I will never shop at Walmart, I will never support them, but the masses do...the masses that do not pay taxes do...

First do you have anything to back your claim that "Well there still like 80% of America that work for the small business owner."?
While you say you will not shop at walmart, yet you oppose the Waltons paying a 90% tax? interesting