Published: Friday, Dec. 7 2012 12:00 a.m. MST
But, if you tax them at 39% instead of 35%, they will suddenly cease to be
wealthy and will lose all motivation, and everyone will lose their jobs, and
Atlas Shrugged will become our bitter, rueful reality.Just like it
was in the Clinton years when the tax rate was 39%. Oh, right.
Slavery was abolished when Congress passed the 13th Amendment in 1865, yet today
many Americans want it reinstated. They want one part of Americans to work
harder and then to have more of their wealth confisticated by the government.
They want one part of Americans to "take their ease" at the expense of
those who work harder, who invest, who hire, who build businesses.It
was the Democrats who resisted the abolition of slavery in 1865 and it is the
Democrats now who want to enslave those who have worked hard all their lives to
build businesses, to hire others, to create private wealth.Before
Lincoln, the slaves were forced to work while their masters watched. Now, Obama
and his fellow Democrats want to watch those who have spent 80-hour weeks
building businesses have their wealth stripped away. They want one segment of
Americans to be taxed higher than other segments of Americans. They believe in
inequality. They believe that some should pay more, do more, have more of their
goods taken so that they and their friends can take their ease.Not
much has changed, has it?
Nonsensical letter. The "rich" already pay nearly 80% of all federal
income taxes while nearly half of Americans pay no federal income taxes at all!
How much is the "rich's" fair share? As has been shown millions of
times, Obama's increased taxes on the rich will only run the government for
less than 10 days! Please Demoborrowers, tell us how we are going to pay for the
other 355 days of out of control government spending!
When speaking of who pays what taxes, we need to understand that much of the
sound and fury is due to not including payroll taxes into the mix. It is income
taxes some citizens are not paying. If payroll taxes are included in the mix,
the base is much broader.
". . . if you tax them . . . " That says it all. THEM.
Those 2nd class citizens. THEM. Those people that YOU have chosen to carry
more of the burden. THEM. Those people that YOU have decided do not have equal
right to retain their wealth as you do.Those words tell it all.Just as Mike Richards said, in 1865 the Democrats didn't want the
slaves to be equal nor did they want the slaves to have equal opportunity or
equal rights. They didn't want the slaves to vote. They didn't want
the slaves to have the same privileges as they enjoyed. Now, they want the
"rich guy" to be treated unequally. The Democrats want to rule and
reign, but they don't want equal responsibility to pay the bills of
government.Now the Democrats want to be "more equal" under
the law. They want the privilege of retaining a greater percentage of their
wealth. They want the privilege of deciding how they will spend a greater
percentage of their wealth. The Democrats want to deny those privileges to
From the sound of your "voice" in your email, I can pretty much
guarantee the average "rich" person is paying more than you are in
taxes. I am also fairly confident they are even paying a higher RATE than you
are. I'll bet your actual income tax rate is about 5% or less. Don't
believe me? Take the number off the very first line of the BACK of your 1040
form. Divide that into the line in the middle of the page that says the total
taxes you actually owe. I'll bet the number comes out lower than .05.
Talk about tell you all you want to know.."They want one part of Americans
to "take their ease" at the expense of those who work harder, who
invest, who hire, who build businesses." Note the quotes..I would ask Mr.
Richards if the work harder, invest, hire, and build businesses is a single
set..I would assume it is because it's the way he sees himself. If that is
true all the rest of you who work 60 hours a week, work two to three jobs, or
simply give your employer a good honest 40 hours are...actually "taking your
ease". Nice. I can't wait to tell a family member who both husband
and wife work two jobs, who accepted medicade for a severly handicapped child,
who tried to start their own business, but had to accept food stamps when that
business didn't make it...that they have been "taking their
leisure" this whole while. Unbelievable.
Re:MikeRichardsDo you really believe wealth is a measurement of how
hard one works? Nonsense. There are many people who
work very hard, but who earn very little. For example, the food you eat is a
result of their labor. You ignore the problem of growing inequality
we have in this country, as a result of tax laws and an economy which benefit a
smaller slice of the populace. I can understand when a wealthy
person argues against his/her best interest, favoring tax increases on upper
levels of income, because they still will have an abundance of resources. But
what i can't understand is when people of little or modest means continue
to argue against raising taxes for upper levels of income and favor cutting
benefits for themselves.
Read "Who Stole the American Dream" by Hedrick Smith and you'll
learn that what is happening now in our nation is simply the result of about 30
years of greed by a few very powerful and wealthy individuals who were able to
convince some politicians to go along with their shady and scurrilous plans.It started with Nixon and Carter and continued in both political parties
right up to the present day. Power and money corrupted the American Dream and
we all will eventually pay the price. It will be an awful -- but somehow just
day -- when the entire system finally collapses and even the most wealthy lose
their shirts along with the rest of their fellow Americans. We are all sharing
the same boat. But those currently at the top are heavily engaged in drilling
holes in its hull.
@ one old man. your book sounded to me like it was written (or at least highly
endorsed) by Fidel Castro, Karl Marx or Hugo Chavez. Wonderful experts on human
rights and freedom. Nothing more than left wing, communism light drivel. I have
read better comic books.
When 49% of GOP voters in the 2012 election apparently believe that ACORN had
something to do with illicitly ensuring an Obama victory, despite the fact that
ACORN has been defunct since 2010, then I say we can safely assume that the
representatives they elected into the HoR share their same values. As such,
nothing coming from the Republicans in the HoR should be given even one iota of
legitimacy in any form. The GOP is weak and flailing; it is time to expose the
logical fallacies in their tax policies and dismantle their party.
@ Truthseeker,You post from San Luis Obispo, California. What a
lovely area to live in. Why aren't you taxed at a higher rate because you
never have to shovel snow, because you can visit the ocean any time you have a
spare 15 minutes, because you don't have to deal with the gangs of east
L.A.? When was the last time that you had to pick cotton? When was the last
time that you had to thin sugar beets? When was the last time that you had to
haul hay or move sprinkler pipe? Why shouldn't you pay higher taxes simply
because you have been spared the normal and ordinary work that many of us
experience?Did you attend university? Did you pay for your own
tuition or did someone else help you out? Why not access a higher tax on those
who attended university with the help of someone else? They had special
privileges. They received an education from the sweat of someone else.Where do you draw the line? In America we are guaranteed equal
opportunity. You're denying equal opportunity to some by charging them a
higher tax rate.
Mike Rchards - just one question - is changing the tax rate from 35% to 39%
really tripping their wealth? So someone who makes $1,000,000 would have to pay
an additional $40,000, that would truly strip his/her wealth? Bull!
Mountainman, have you read this book?How can you dismiss so easily
something you have not read?Here's a challenge. Read it!Then come back and tell us what is right or wrong with it.Until a person is willing to look at a problem from different perspectives
than his own -- especially when his perspectives are preconceived based on only
one other source -- he is not speaking with knowledge.And the
opposite of knowledge? Could that be ignorance?
J Thompson,Be careful. You make an excellent argument that
education is part of equal opportunity.
Mitt Romney made about 15 million last year of which he paid about 14% in taxes
after he chose to not take some eligible deductions so that his "never paid
less than 13%" claim would remain true (I wonder if he'll file an
amended return now that he lost). The vast majority of his income came from
investment returns from money that he claims is run by a blind trust that he
doesn't have involvement in as far as decisions are made regarding his
investments. So... most of his money made last year required no effort on his
part, just other people managing his money pile. @Mike Richards"Slavery was abolished when Congress passed the 13th Amendment in 1865,
yet today many Americans want it reinstated. "So clinton tax
rates are slavery? Was slavery in place in the 90s? If not, cut the nonsense and
stick to reality. Frankly your remarks are insulting and belittling to anyone
who ever experienced slavery.
Utah dem,Are you oblivious to what you wrote? Please explain why
you should pay taxes at a lower rate while the government uses its power to tax
your neighbor at a higher rate. Please explain what exempts you from the
responsibility to fund the government at a lower rate than anybody else. Please
explain who decided that you belonged to the "privileged class" who
would receive services without obligation to pay for the services at the same
rate as everybody else.We fought a war with England because of tax
policy. The American Colonies objected to being charged $0.14 more per pound
for their tea. You've told us that $40,000 is of no consequence. They
told us that they would die because they were being charged $0.14 more than the
people in England.Isn't it interesting how things have changed?
Now the Democrats are pretending to be King George. They want someone else to
bear their burdens so that their throne is more comfortable. They certainly
don't want to risk getting blisters on their backsides from sitting around
England raise the tax rate on its' 16,000 citizens who earned one million
or more in 2010, to 50%. IN 2011 they had only 6,000 earning over a million.
The projected income to the Govt. they were counting on never materialized. The
same will happen here.
J Thompson,Oh, please. Your attempt to paint high-income earners as
victims is really weak. Those poor oppressed Clinton-era millionaires, having to
pay that extra 4% of federal tax. If only they could have dreamed of the bright
future headed their way when Bush lowered their tax rate! Take, heart, 1990s
millionaires, your status as "2nd class citizens" will soon be over.
Brings a tear to my eye, really."In America we are guaranteed
equal opportunity."No we're not. If we were, you
wouldn't be able to pass the business you built on down to your child. That
child didn't build it, why should he get the leg up that someone else not
born into your successful family should get? If we were, influential special
interest groups wouldn't be able to lobby & buy congressional votes,
tilting the balance of policy in their favor. It's a nice
sentiment, but not everyone is afforded the same opportunities to succeed. And
to me, that is a much bigger problem than the wealthy having to part with
another 4% of their income to bring their tax burden back in line with pre-Bush
Re:JThompson/MikeRichardsSuccess in life is not only a result of
work, but, to a large extent, a result of luck. I was lucky enough to have been
born solidly middle class and attended decent schools. I cannot ignore the fact
that many aren't so lucky. I worked and saved for college and my parents
helped bridge the small gap when my funds ran out. We were able to do the same
for our kids. but every week i see kids who aren't so fortunate. Our household income is above the $250k mark, but we believe our economy will
do better when 98% of the population can earn a living wage, not when 1-2% have
unlimited funds to invest in financial schemes. I believe a democratic society
works better where there is a safety net in place, where people contribute to
the common good. Investing in education and basic needs is significantly
smarter than having to pay for more prisons, police, etc. later. We still need
to examine and re-examine what works and what doesn't. I'm convinced
that tax cuts disproportionately targeted toward the wealthy hasn't made
our country stronger.
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