Topic: Tax Cuts for the Rich
no photo
Thu 10/23/08 08:40 PM
maybe they just want some of that young stuff

old cougars become gray panthers?

ohwidow's photo
Thu 10/23/08 08:42 PM




hey Miss Widow I just noticed that you're from Ohio...do you realize that your vote will cancel out Madisonman's vote ?...woohooooooooo...lol
I am driving a van load of seniors from the senior center to vote and no I dont care how they vote it is just part of the plan of good will to win them over. I must admit the old gals sure do like it when we come around dropping off donuts and obama literature.


Good for you, Madisonman.drinker

I'm sure they really appreciate it.flowers
Its kinda creepy when them old gals eye ya up and down like a slab of meat but I must do my part to bring america back from the brink of tyranylaugh


Smile, drove thru Madison today (about 20 miles)
nice to know I will be canceling out your vote M!
Good news on the ride to the booth for the ladies. Hope you don't sway any !tears BB

Winx's photo
Thu 10/23/08 08:44 PM

hey Miss Widow I just noticed that you're from Ohio...do you realize that your vote will cancel out Madisonman's vote ?...woohooooooooo...lol


Did you see have many blacks and whites there were in her city like you did mine?

Winx's photo
Thu 10/23/08 08:45 PM

working poor ?...are you baming Bush for that one too...listen...If you're a grown man working for peanuts...I think you fugged up somewhere...


I just love a man with empathy, altruism, integrity, and character.

Giocamo's photo
Thu 10/23/08 08:49 PM
why thank you...I didn't think I was all that !!...lol...can I as a question...has this board always offered unsolicited critisism...opinion and advice ?...I'm taking notes...gulp !

madisonman's photo
Thu 10/23/08 08:50 PM





hey Miss Widow I just noticed that you're from Ohio...do you realize that your vote will cancel out Madisonman's vote ?...woohooooooooo...lol
I am driving a van load of seniors from the senior center to vote and no I dont care how they vote it is just part of the plan of good will to win them over. I must admit the old gals sure do like it when we come around dropping off donuts and obama literature.


Good for you, Madisonman.drinker

I'm sure they really appreciate it.flowers
Its kinda creepy when them old gals eye ya up and down like a slab of meat but I must do my part to bring america back from the brink of tyranylaugh


Smile, drove thru Madison today (about 20 miles)
nice to know I will be canceling out your vote M!
Good news on the ride to the booth for the ladies. Hope you don't sway any !tears BB
Not sure if you know how elections work but being from eastlake you wont cancel my vote in my disrtict. We have alot of Obama volunteers who have registerd 30 days prior to the election who will be voteing in our district. who normaly would be liveing in NY or massachusetslaugh

Winx's photo
Thu 10/23/08 09:01 PM

why thank you...I didn't think I was all that !!...lol...can I as a question...has this board always offered unsolicited critisism...opinion and advice ?...I'm taking notes...gulp !


Sorry, but I was being sarcastic. ohwell Saying that "when people are working for peanuts...you think think they fugged up somewhere", is the opposite of empathy and altruism.

madisonman's photo
Thu 10/23/08 09:03 PM
Its kinda cool meeting all these differant types of people who have devoted their time to the campaign alot of them are just rich new york /new england types /law students old money types. rather clever for them to register for ohio a swing state, and their home state is allready locked up for obama but since they work here and reside here, for now why not? I think alot of votes are going to be canceleddrinker

Giocamo's photo
Thu 10/23/08 09:03 PM
I am so confused...huh

madisonman's photo
Thu 10/23/08 09:13 PM

I am so confused...huh
election law states you must reside in state or district 30 days prior to election, Ohio has imported a large number of campaign workers for obama they are now eligable voters. I think I have Ohio widows vote cancled out several thousand times and I have the van load of seniors to work with. I predict an Ohio victory for obama

isaac_dede's photo
Thu 10/23/08 09:25 PM

taxing the wealthy wont help anyone in the long run anyhow though. its trickle. they get squeezed so they squeeze us to get more profit. nothing changes.

I have to agree..it will help everyone if we don't tax them more.....I personally believe in a flat tax no matter how much you make, the rich got where they are by working hard to obtain it, or working hard to keep it.

How will it help? it's simple

let's take this example

You have a business earning $100 a month, you have four workers you are paying them $15 a month, you have $10 a month business cost and you have 10% taxes for $10 a month so you have $20 dollars a month profit, well your business starts doing better and you are now making $125 a month, you want to take on an extra guy and pay him the same as the others so it would look like this

Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$12.50 (10%)
-----------------------
Profit: $27.50
Business profit goes up, even with the addition of a new employee

Now lets see what happens when we change taxes.
Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$25 (20%)
-----------------------
Profit: $15.00 (it is now a negative profit if they higher a new employee)


So bottom line? not taxing the wealthy more creates jobs.




madisonman's photo
Thu 10/23/08 09:28 PM


taxing the wealthy wont help anyone in the long run anyhow though. its trickle. they get squeezed so they squeeze us to get more profit. nothing changes.

I have to agree..it will help everyone if we don't tax them more.....I personally believe in a flat tax no matter how much you make, the rich got where they are by working hard to obtain it, or working hard to keep it.

How will it help? it's simple

let's take this example

You have a business earning $100 a month, you have four workers you are paying them $15 a month, you have $10 a month business cost and you have 10% taxes for $10 a month so you have $20 dollars a month profit, well your business starts doing better and you are now making $125 a month, you want to take on an extra guy and pay him the same as the others so it would look like this

Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$12.50 (10%)
-----------------------
Profit: $27.50
Business profit goes up, even with the addition of a new employee

Now lets see what happens when we change taxes.
Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$25 (20%)
-----------------------
Profit: $15.00 (it is now a negative profit if they higher a new employee)


So bottom line? not taxing the wealthy more creates jobs.




well this has been in practise for the last 8 years, bottem line it didnt work and wont work and hasnt worked. Go Obama!

isaac_dede's photo
Thu 10/23/08 09:32 PM



taxing the wealthy wont help anyone in the long run anyhow though. its trickle. they get squeezed so they squeeze us to get more profit. nothing changes.

I have to agree..it will help everyone if we don't tax them more.....I personally believe in a flat tax no matter how much you make, the rich got where they are by working hard to obtain it, or working hard to keep it.

How will it help? it's simple

let's take this example

You have a business earning $100 a month, you have four workers you are paying them $15 a month, you have $10 a month business cost and you have 10% taxes for $10 a month so you have $20 dollars a month profit, well your business starts doing better and you are now making $125 a month, you want to take on an extra guy and pay him the same as the others so it would look like this

Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$12.50 (10%)
-----------------------
Profit: $27.50
Business profit goes up, even with the addition of a new employee

Now lets see what happens when we change taxes.
Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$25 (20%)
-----------------------
Profit: $15.00 (it is now a negative profit if they higher a new employee)


So bottom line? not taxing the wealthy more creates jobs.




well this has been in practise for the last 8 years, bottem line it didnt work and wont work and hasnt worked. Go Obama!

it's practice, bottom, and hasn't. enough said laugh

Winx's photo
Thu 10/23/08 09:38 PM




taxing the wealthy wont help anyone in the long run anyhow though. its trickle. they get squeezed so they squeeze us to get more profit. nothing changes.

I have to agree..it will help everyone if we don't tax them more.....I personally believe in a flat tax no matter how much you make, the rich got where they are by working hard to obtain it, or working hard to keep it.

How will it help? it's simple

let's take this example

You have a business earning $100 a month, you have four workers you are paying them $15 a month, you have $10 a month business cost and you have 10% taxes for $10 a month so you have $20 dollars a month profit, well your business starts doing better and you are now making $125 a month, you want to take on an extra guy and pay him the same as the others so it would look like this

Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$12.50 (10%)
-----------------------
Profit: $27.50
Business profit goes up, even with the addition of a new employee

Now lets see what happens when we change taxes.
Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$25 (20%)
-----------------------
Profit: $15.00 (it is now a negative profit if they higher a new employee)


So bottom line? not taxing the wealthy more creates jobs.




well this has been in practise for the last 8 years, bottem line it didnt work and wont work and hasnt worked. Go Obama!

it's practice, bottom, and hasn't. enough said laugh



Obama said that he likes a flat tax but it won't work. The reason - there are too many expenses like paying the teachers, police, roads, schools, etc. He said that with the flat tax, there wouldn't be enough to cover it. The monies would have to come from elsewhere and that would probably mean an increase in sales tax.

What do you think of this? I don't know a lot about flat tax.

madisonman's photo
Thu 10/23/08 09:41 PM




taxing the wealthy wont help anyone in the long run anyhow though. its trickle. they get squeezed so they squeeze us to get more profit. nothing changes.

I have to agree..it will help everyone if we don't tax them more.....I personally believe in a flat tax no matter how much you make, the rich got where they are by working hard to obtain it, or working hard to keep it.

How will it help? it's simple

let's take this example

You have a business earning $100 a month, you have four workers you are paying them $15 a month, you have $10 a month business cost and you have 10% taxes for $10 a month so you have $20 dollars a month profit, well your business starts doing better and you are now making $125 a month, you want to take on an extra guy and pay him the same as the others so it would look like this

Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$12.50 (10%)
-----------------------
Profit: $27.50
Business profit goes up, even with the addition of a new employee

Now lets see what happens when we change taxes.
Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$25 (20%)
-----------------------
Profit: $15.00 (it is now a negative profit if they higher a new employee)


So bottom line? not taxing the wealthy more creates jobs.




well this has been in practise for the last 8 years, bottem line it didnt work and wont work and hasnt worked. Go Obama!

it's practice, bottom, and hasn't. enough said laugh
hands you the spelling/typing queen bee award, congratulations dude. but it doesnt change the fact that it hasn't worked and wont work and it wont matter because Mccelmer fudd is going to lose in a landslide

isaac_dede's photo
Thu 10/23/08 09:45 PM



taxing the wealthy wont help anyone in the long run anyhow though. its trickle. they get squeezed so they squeeze us to get more profit. nothing changes.

I have to agree..it will help everyone if we don't tax them more.....I personally believe in a flat tax no matter how much you make, the rich got where they are by working hard to obtain it, or working hard to keep it.

How will it help? it's simple

let's take this example

You have a business earning $100 a month, you have four workers you are paying them $15 a month, you have $10 a month business cost and you have 10% taxes for $10 a month so you have $20 dollars a month profit, well your business starts doing better and you are now making $125 a month, you want to take on an extra guy and pay him the same as the others so it would look like this

Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$12.50 (10%)
-----------------------
Profit: $27.50
Business profit goes up, even with the addition of a new employee

Now lets see what happens when we change taxes.
Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$25 (20%)
-----------------------
Profit: $15.00 (it is now a negative profit if they higher a new employee)


So bottom line? not taxing the wealthy more creates jobs.




well this has been in practise for the last 8 years, bottem line it didnt work and wont work and hasnt worked. Go Obama!

it's practice, bottom, and hasn't. enough said laugh



Obama said that he likes a flat tax but it won't work. The reason - there are too many expenses like paying the teachers, police, roads, schools, etc. He said that with the flat tax, there wouldn't be enough to cover it. The monies would have to come from elsewhere and that would probably mean an increase in sales tax.

What do you think of this? I don't know a lot about flat tax.

I say a flat tax and redistribute the money differently in government...for example prisons should be self-sustaining it has been done (Tent City) instead of paying $125,000 a year to support just ONE prisoner...they screwed up, they can provide free labor to 'earn' there stay there, it shouldn't be nice going to prison. The prison system is just one example of an organization that needs to have the 'fat' trimmed off it.

madisonman's photo
Thu 10/23/08 10:04 PM
. Bush voters get theirs: Millions of selfish bastards (is this the politically correct term?) voted for Bush in hopes of getting rich through tax cuts and capital gains. Now they're watching their portfolios melt away and their jobs disappear. Can you say "bad investment"? I knew you could laugh http://www.smirkingchimp.com/thread/18158

AndrewAV's photo
Thu 10/23/08 10:19 PM



I have to agree..it will help everyone if we don't tax them more.....I personally believe in a flat tax no matter how much you make, the rich got where they are by working hard to obtain it, or working hard to keep it.

How will it help? it's simple

let's take this example

You have a business earning $100 a month, you have four workers you are paying them $15 a month, you have $10 a month business cost and you have 10% taxes for $10 a month so you have $20 dollars a month profit, well your business starts doing better and you are now making $125 a month, you want to take on an extra guy and pay him the same as the others so it would look like this

Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$12.50 (10%)
-----------------------
Profit: $27.50
Business profit goes up, even with the addition of a new employee

Now lets see what happens when we change taxes.
Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$25 (20%)
-----------------------
Profit: $15.00 (it is now a negative profit if they higher a new employee)


So bottom line? not taxing the wealthy more creates jobs.




well this has been in practise for the last 8 years, bottem line it didnt work and wont work and hasnt worked. Go Obama!


Actually, this has been in practice since Reagan. Ever hear of Reaganomics? It brought down the 20% prime rates and near 20% unemployment levels that were the result of the economic mishandlings of the Carter administration. We've also experienced the largest growth in our history under this principle. Up to Carter's administration, the highest tax bracket payed as much as 94% to the IRS and it was still above 60% with Carter. Reagan brought it down to the level it is today and it stayed that way ever since other than Clinton's slight increase to 39%. Trickle-down economics has been proven time and time again.

Winx's photo
Thu 10/23/08 10:21 PM




I have to agree..it will help everyone if we don't tax them more.....I personally believe in a flat tax no matter how much you make, the rich got where they are by working hard to obtain it, or working hard to keep it.

How will it help? it's simple

let's take this example

You have a business earning $100 a month, you have four workers you are paying them $15 a month, you have $10 a month business cost and you have 10% taxes for $10 a month so you have $20 dollars a month profit, well your business starts doing better and you are now making $125 a month, you want to take on an extra guy and pay him the same as the others so it would look like this

Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$12.50 (10%)
-----------------------
Profit: $27.50
Business profit goes up, even with the addition of a new employee

Now lets see what happens when we change taxes.
Earning $125
Employees: -$75
Business cost: -$10
Taxes: -$25 (20%)
-----------------------
Profit: $15.00 (it is now a negative profit if they higher a new employee)


So bottom line? not taxing the wealthy more creates jobs.




well this has been in practise for the last 8 years, bottem line it didnt work and wont work and hasnt worked. Go Obama!


Actually, this has been in practice since Reagan. Ever hear of Reaganomics? It brought down the 20% prime rates and near 20% unemployment levels that were the result of the economic mishandlings of the Carter administration. We've also experienced the largest growth in our history under this principle. Up to Carter's administration, the highest tax bracket payed as much as 94% to the IRS and it was still above 60% with Carter. Reagan brought it down to the level it is today and it stayed that way ever since other than Clinton's slight increase to 39%. Trickle-down economics has been proven time and time again.


I've read that it doesn't work very well now. They were expecting the companies to put more money out and hire more people. But instead they pocketed the monies.

Also, things have changed with companies going overseas and with deregulation.

no photo
Thu 10/23/08 10:22 PM
well it IS the 21st century. time for a new paradigm