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In reply to the discussion: BOO!!! - And Fucking BRAVO !!! - A Shit Of A WaPo Editorial, And One HELL Of A Response... [View all]jeff47
(26,549 posts)103. Again, you still haven't backed up your position with any math.
We continue to spend way more than we take in, and simply raising the taxes on the rich isnt enough.
You continue to say this, yet don't actually back up your position with any actual math. Heck, do you even know that our annual deficit has been MASSIVELY reduced since 2008?
In addition, there is no deadline for paying off our debt. If you run the numbers, 2% inflation means we are best served by always running a small deficit - inflation eats away the debt so that we end up with more real spending.
What appears to be going on is you've bought into the media and right-wing framing of the debt issue.
But at the same time, there is a point where the rich, just like corporations, will do whatever it takes to avoid higher taxes.
If this was an actual problem, you would find the most wealthy people living in the lowest-tax states. Moving within the US is trivial, especially for the wealthy, so if larger tax burden were such a problem they would move to low-tax states.
The majority of the wealthy in the US live in California and New York. Our two highest-tax states.
If we did that, then the corps wouldnt have any reason to pay a thousand lawyers to get out of taxes.
Wow is that delusional. Corporations would still retain a bunch of accountants and lawyers to avoid paying taxes, because they want to avoid paying taxes. Corporations based in very low-corporate-tax countries like Switzerland still have armies of accountants and lawyers working to reduce their taxes.
But even better, you destroy this argument with your own next sentence:
I believe that would actually raise the avg rate that corps pay from what it is now. We have a 25% rate, but nobody pays that.
So you are arguing both that corporations would just pay their taxes because they are lower, and that they would pay higher taxes.
I realize this is the media and right-wing framing of the issue, but you have to take a moment to realize this is utterly contradictory: You are simultaneously claiming they would pay more and pay less.
Second, and here's where so many here hate me, we need a consumption tax. Not the "fair tax", more of a plain old sales tax like most of our counties use.
So you're very, very, very worried about rich people not having enough money, but you're happily going to slap a massive tax increase on the poor?
No, the rich do not pay more in sales taxes. What happens is "regular" people buy goods. "Rich" people buy services. For example: Lawn care. If you are not wealthy, you go buy a lawnmower. If you are wealthy, you hire a gardener. Let's slap some fake numbers on that to illustrate the point:
Not wealthy - $200 lawnmower, 10% sales tax, means $20 in taxes. That $20 is paid by one household.
Wealthy - Gardener buys $2000 lawnmower, 10% sales tax means $200 in taxes. Gardener has 30 clients. Each household pays $6.67 in sales tax.
There are SO MANY people who pay little or no income taxes. And I'm not talking about the working poor. I'm talking about the cash-workers such as heat/AC folks, contractors, plumbers, mechanics, landscapers, electricians, etc etc. Sure they pay, but they also put a lot under the table.
So we need to raise taxes on the poor, and lower taxes on the wealthy, because you witness people breaking federal law and refuse to report it.
You know, there's a much better solution to this problem...
And thats not even including the illegal money from the criminal element that would now be taxed
.......I don't think I've seen a dumber argument. You are claiming criminal enterprises would collect sales taxes? And submit them to the government? Thereby proving that they are a criminal enterprise?
Wow that's a dumb argument.
Just like the ACA was designed. EVERYBODY pays in so that lowers the cost for health care.
Because the ACA didn't include Medicaid expansion and massive subsidies.
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BOO!!! - And Fucking BRAVO !!! - A Shit Of A WaPo Editorial, And One HELL Of A Response... [View all]
WillyT
Nov 2013
OP
Perhaps the author is attempting to remind Repubs of the fiscal responsibility
progressoid
Nov 2013
#20
Perhaps. But they inherited Democratic tax policy. They don't deserve credit.
WowSeriously
Nov 2013
#45
That chart shows that simply taxing the rich wont fix the problem; there isnt enough money.
7962
Nov 2013
#56
I guess i dont watch the right channels then. But regardless of who says it its still the truth
7962
Nov 2013
#76
That's because most people would not be able to eat or sleep under a roof at night if they
JDPriestly
Nov 2013
#85
Indeed. And THAT is the massive transfer of wealth that may actually occur.
stillwaiting
Nov 2013
#57
Yessss...Oh so true. Only a bunch of liberal Socialist types keep bringing this up.
maddiemom
Nov 2013
#90
yes, even the rich have finite resources, they are just close to infinite resources and closing in,
hollysmom
Nov 2013
#30
Why should the 90%+ of Americans who make under $113,000 pay FICA taxes on 100% of their incomes
stopbush
Nov 2013
#44
The bottom line - the general fund owes Social Security $3 trillion. The rich have to pay that back.
reformist2
Nov 2013
#53
'Emergency' supplementals were used to keep the Iraq and Afghanistan adventures 'going'.
unhappycamper
Nov 2013
#54
Thanks for the addition, just one of many challenges to outright lies being told!
freshwest
Nov 2013
#87
I'm saving Dryly 41's response. It is an excellent response to the Fix the Debt hucksters.
Larkspur
Nov 2013
#67
"pressure from the left flank of his party" Shame on all the others who call themselves Democrats!
L0oniX
Nov 2013
#69
Well done, can't argue the truth. WaPo just got served humble pie, a mighty slab of truth!!! K & R
mother earth
Nov 2013
#95