Thread: Why Is Taxing the Rich So Hard?

I think the wealthy would be willing to pay higher taxes, if they could benefit more from living in this country. Everybody wants more ... so if we devise ways to find more benefits for the wealthy, America would be a better place.

Possibly all employees could accept lower wages ... so their business owners could reap more profit. Oops that already happened ... maybe you have better ideas.

Think with your heart so we can make the wealthy feel more appreciated.

Originally Posted by Blue Doggy

Are you being serious here?

Indeed, I am being serious.

Originally Posted by Blue Doggy

Revenue generally goes down when a recession creates millions of unemployed people.

Good answer. Please consider two factors:

1. Someone rightly pointed out that a growing economy requires more government. It logically follows that a smaller economy, a recession as you call it, requires a smaller government.
2. Obama said coal companies can mine more coal but it will cost them. I think his exact words were "pay through the nose." In other words, he knows that raising taxes (or any other word you want to use that has the same effect like fees, permits, regulations), will discourage coal mining.

Now please explain the principle of how raising taxes will create millions of jobs in the overall economy.

Originally Posted by Disillusioned_1

If you look at northern European countries, their poverty rate is typically less than 1%, which means 99% of their population can afford to "contribute to the cause".

Our poverty rate, by comparison is 15%, or even higher (20%) if you talk about specific racial groups.

So, like I was saying, encouraging people to produce rather than subsidizing them for not producing tends to get you more desirable results.

Originally Posted by JohnLocke

Indeed, I am being serious.



Good answer. Please consider two factors:

1. Someone rightly pointed out that a growing economy requires more government. It logically follows that a smaller economy, a recession as you call it, requires a smaller government.
2. Obama said coal companies can mine more coal but it will cost them. I think his exact words were "pay through the nose." In other words, he knows that raising taxes (or any other word you want to use that has the same effect like fees, permits, regulations), will discourage coal mining.

Now please explain the principle of how raising taxes will create millions of jobs in the overall economy.

The fact is, past recessons were shortened, or attempted to be shortened by gov't spending, injecting money back into a slow economy. And that is what has happened with this one. But the economic model had changed, and that stimulas, much of it ended up in China, which helped them. Ah, the ramifications of selling a nation and her people out to the lowest bidder.

Originally Posted by 9aces

Who are the employers?

What you want, is production, without people able to produce.

And what you want is production without people able to consume.

This is the simple fact conservatives seem unable to understand. If people don't have much money they aren't going to buy many things. It doesn't matter how much money you give "producers", they aren't going to use it to make stuff that nobody is able to buy. Not if they have any common sense, and not for any length of time even if they don't. THIS is why a wide income disparity is a bad idea. Henry Ford paid his workers TWICE the going rate because he wanted them to be able to afford the cars they made. It's no touchy-feely "help the poor", thing, it's nothing more than simple self preservation, WHY can't rich people see that??

Originally Posted by Blue Doggy

The fact is, past recessons were shortened, or attempted to be shortened by gov't spending, injecting money back into a slow economy.

You realize that tax increases does the exact opposite - it takes money out of the economy, right? I am glad you recognize the model has changed but you have not answered my question, explain the principle of how tax increases will create millions of jobs.

Originally Posted by michael h

I think the wealthy would be willing to pay higher taxes, if they could benefit more from living in this country. Everybody wants more ... so if we devise ways to find more benefits for the wealthy, America would be a better place.

Possibly all employees could accept lower wages ... so their business owners could reap more profit. Oops that already happened ... maybe you have better ideas.

Think with your heart so we can make the wealthy feel more appreciated.

You can get down on your knees and pray that rich people won't wise up and take their wealth offshore, leaving the majority of Americans to pay their own bills for once rather than the top 10% paying 70% of the costs. :rolleyes:

You can get down on your knees and pray that rich people won't wise up and take their wealth offshore, leaving the majority of Americans to pay their own bills for once rather than the top 10% paying 70% of the costs.

That could be a good idea to help them benefit more. We could give them their own country. Maybe ... Iowa.

Then close the Country of Iowas borders. No Visas ... nuttin.

Originally Posted by michael h

That could be a good idea to help them benefit more. We could give them their own country. Maybe ... Iowa.

Then close the Country of Iowas borders. No Visas ... nuttin.

And since they pay YOUR bills now, they can sit there and watch the US crumble without their financial support. :rolleyes:

And since they pay YOUR bills now, they can sit there and watch the US crumble without their financial support.

They are welcome to leave just like any other citizen, then we could run our own government for the benefit of all Americans (not just corporations).

You under estimate the will of your own country men to succeed. The void will be filled. When your lead engineer retires, you hire another.

Like I said no Visas. American's 1st.

Originally Posted by JohnLocke

You realize that tax increases does the exact opposite - it takes money out of the economy, right? I am glad you recognize the model has changed but you have not answered my question, explain the principle of how tax increases will create millions of jobs.

At the moment the budget is funded by debt... liabilites for everyone.
Taxation is only the tool to spread the price of debt financed budget in a fair way...
This means that all parts of society pay a fair share which does not overwhelm them and allows them to remain as an active part of the economy / society.
In a democractic society this usually means that the rich have to pay more than the poor.

So, you do realize that the money is being taken out of the economy already?
Currently it simply seems that inflation is the way the money is being sucked out of the US economy...
Inflation is hitting the "bottom" 60-70% of US housholds very hard. (reducing their living standard significantly)

I think it's the moral thing to put the brunt of the burden on the personal income & living standard of the upper 20%.
Their reduction in their living standard won't have a nearly as horrible impact on the entire economy.

Originally Posted by michael h

They are welcome to leave just like any other citizen, then we could run our own government for the benefit of all Americans (not just corporations).

You under estimate the will of your own country men to succeed. The void will be filled. When your lead engineer retires, you hire another.

Like I said no Visas. American's 1st.

Have you ever heard the story about the goose that laid golden eggs? Well, rich people are the geese.

Have you ever heard the story about the goose that laid golden eggs? Well, rich people are the geese.

Very true, they provide capital, ideas, drive, hard work, ... and reap rewards when these things pan out.

On the other hand, until Ronald Reagan came along ... we taxed the wealthy into the dirt. This is no longer true.

If you benefit from this country, I feel you should give back. If I lived in Mexico or Belgium, I'd feel the same way.

If a person felt they needed not too, well they could leave the tribe and not benefit from the collective. They could build and sell auto's to penguin's in Antarctica , paying no taxes.