Obama declared war on the rich?In words only.What about
Nancy, Al Gore, and himself?How many people can afford an eighty
million vacation? How many vacations has Michelle Obama taken? Did they pay
taxes on that? Aren't they exenpt from Obama Care?
Chris, B.Come on now, tell the truth.Are you employed by the
Romney's?Hope they are paying you well!
It used to be that the top 1% did actually increase value. Each manufacturing
job that is created creates up to 10 other jobs. Service jobs only create about
4 additional jobs. The downside in the past was that the companies took
advantage of workers, which led to the rise of labor unions.Now,
those at the top do not create jobs and wealth for others. They make their
wealth in buying and selling others. For example, how many manufacturing jobs
were lost by Mitt Romney when he was at Bain Capital? There is a
reason that India and China are emerging economies - they were handed our
manufacturing jobs by the wealthy....
sad that people think these ultrarich do anything for this country other than to
profit by it. the top 1% made money from the wars record profits. they have
shiped jobs over sea and have been given tax credits fo it. many dont keep their
money in our banks so it is not making more jobs. they make money on fossil
fuels when it is poisoning our planet, and they could go into green power which
is cheap but they will not do it because at first the profit goes down. tide
power is cheap. water power is cheap. but profit at any cause is what they do.
this country is turnig into a third world nation because of the top 1%. soond
only the rich will go to colledge. because it costs too much forthe rest of us.
...and hoarding at the top will increase the need for those horrible
entitlements. What happened to give the 1% more tax breaks and they will pay
better, hire more and trickle down some of that blessed wealth to the common
folk? It was a calculated lie and is still being peddled by those snake oil
salesmen in the conservative party.entitlements will continue to
increase until we give up the notion that the wealthy are job creators instead
of the money hoarders they really are.Seems the money changers have
become someone to look up to by conservatives christians instead of the sleaze
at the end of a whip held by their master.
The fear of loss of entitlements is a big reason people get elected. Political
parties that espouse handouts are more likely to have their people elected in
some states and even nationally due to the federal programs. Those bureaucrats
don't want to lose their jobs if their party is not elected to office to
further espouse their needs to people that have wants. It is a
never ending cycle for our nation once entitlements took over.
No reason to make the upper one percent suffer with a higher tax rate.....right.
Some people comment on what has happened historically when this situation
occurs.Others, who seem to worship the wealthy, who long to join
their esteemed economic status are completely blind to the effects of an
unbalance that is not easily repaired. They fondly remember the 50's when
we had a middle class and some balance but can't for the life of them
understand why.I would say it was the high corporate tax rate that
encouraged reinvestment and better wages for employees instead of that disaster
known as "trickle down."
A major part of the reason for the uber rich to profit more is the fact of
ObamaCare that reduces full time jobs combined with the real unemployment rate
being double government figures. Corporations can squeeze more profits even when
the top line is static. Could this be part of government conspiracy to make more
people more dependent upon welfare so as to exercise more control and votes?
1928 was an important year as it was right before the fall of 1929 when our
country's food lines were instituted everywhere. Men's hearts failed
along with their lives, economically, spiritually, psychologically, emotionally
and everything else fell apart, even families. Our President keeps
on telling us that the former administration caused us to go through the worst
economic event since the "Great Depression" and that in July 2009 we had
overcome that problem due to his winning the Nobel Peace Prize and his
experience as a Community Organizer.He is good at the public
relations but not the same public relations as the most recent Democratic
President of the United States of America. They both are smooth talkers but we
need men of integrity and real character. I am not sure the Secretary of State,
John Kerry is what we need at this time, either. At least he has been a
protester so he knows what it is like to fight against the government of the
United States of America. He did have the Kennedys supporting him along the
way, though. We live in a strange world of words that make people
"feel" good, though not actually good.
Gandalf, No, but BO has declared war on the 1%. How else do you think he
won reelection with his abysmal record?Airnaut?Inciting to
violence, are you? Letting class envy eat away at you? So much for the
“tolerance” of the left.atl134,no more money to
hire more workers when Obamacare will take so much from youlightbearer,while Jefferson was great in his own way, he is NOT one to
give fiscal lessons. he died deep in debt, with about 3 mortgages on
Monticello. He was essentially arguing that HE should not have to pay any
Hmm: Top honor roll students in US took biggest share since 1928.Didn't all students have the same opportunity for high grades?We are all a product of our decisions.
Envy, and jealousy in the highest form.So what! I can't afford
eighty million dollar vacations, but I'm not in awe of those who do. If someone earned it through business, or other legal means through a
free society, that's great.If it was stolen money from tax
payers than the person should be punished.
Re: "Those top 1% people paid 39.37% of ALL the income taxes
collected!"What could be more fair than that those with most of
the wealth pay most of the taxes?Thomas Jefferson, one of the
Founding Fathers of this Republic, was in favor of progressive taxation, and
thought that people whose wealth was below a certain level should not pay any
taxes at all:"Another means of silently lessening the inequality
of property is to exempt all from taxation below a certain point, & to tax
the higher portions of property in geometrical progression as they rise"
(Letter to Rev. James Madison, President of William and Mary College, October
I wonder how much "value" Chris B has added to our society? Could he be
one of the "job creators" who are not creating jobs -- and ironically
never seem to lose their job? In the face of all the facts, how anyone can
argue, at this point, that the game is not extremely skewed in favor the wealthy
is beyond me. The wealthy take 93% of all profits, but they are not
93% smarter nor do they work 93% more than the rest of us, and they certainly do
not add 93% more "value" to our society -- just look at the
contributions of Mitt Romney and his kind (mostly "takers" from up on
top) to verify these numbers.
The tax philosophy of everyone with income pays the same percentage is
anti-family. Children/dependents should remain as a reduction in tax.
Mitt Romney pay millions in income tax each year.The average
American pays a few thousand in income taxWe all owe Mitt Romney and
others a big thanks for paying for their share and ours.The
military, education, infrastructure do not become more expensive simply because
Mitt Romney makes more money.We all use those things and we should
all pay for them. I use them those things just as much as Mitt
does.I just wish there weren't so many lazy people who think
others should pay their bills.
@DN Subscriber 2,You're right on. If someone is using the
benefits the government provides through income tax, they should be paying
income tax.Those of us who aren't rich should be thanking the
rich.They're paying for what they use AND for most of what I
use.Thanks rich people!I'm sorry there are so many
lazy people who think you need to pay their bills.
It is tough to win a rigged game. The wealthy buy the politicians to write the
laws to favor them.
OKay, so the richest of the rick made a bundle of money.Now,
let's look at how much those greedy folks paid in taxes to support the
other 99% and especially the 43% who pay NO income tax.Those top 1%
people paid 39.37% of ALL the income taxes collected!So, 43% pay
nothing, and the folks earning above about $350K pay through the nose.Class warfare rhetoric of envy and socialist demands for those actually paying
to pay "their fair share" will never end. IN fact, they will demand
more "refundable" tax credits to turn nominal "taxes" into
actual money paid to them, while still screaming about the greedy rich guys.What we need is for every person with any income to pay the same
percentage in income taxes, no exceptions, no deductions. Everyone gets skin in
the game. Then we might see some real interest in cutting wasteful government
spending an cutting taxes on everyone.
Those poor big businesses have it so rough with those greedy workers wanting a
larger slice of the pie. Turns out there's just no money to hire more
workers or increase worker pay when you just keep the money for yourself.
It's good to see the wealthiest are doing so well. They deserve it. Now, what happened after the extreme wage gap in 1928? A banner year in
1929? I don't think so.
Anyone for a little "Bastille Day"?"Let them eat cake".I think it's about time for another French/Russian/Lamanite/America
This is not good. Does anyone believe that the 1% have become more productive
over the last 30 years by the same percentage as their share of the wealth has
grown? The 1% have declared war on the 99%
And the top 1% creates more value than the rest of the population does. Liberals think that the amount of value and productivity in an economy
is a given each and every year, and that the only x factor is how that increase
in value is distributed.False.The wealthy are wealthy
because they increased value.Crying about how much money you
make?Go increase the value of something.
Nothing wrong with that.It's not Mitt Romney's
responsibility to take care of me.It's my responsibility to
make myself valuable to potential companies. If I do that I will be able to
reach an agreement that fairly compensates me for my work. If I am
worth more than a company is paying me, another company will pay for me for my
worth.If no one is willing to pay for what I want, I'm not
worth it.And it's my responsibility to change that.