Topic: Tax Cuts for the Rich | |
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maybe they just want some of that young stuff
old cougars become gray panthers? |
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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 Good for you, Madisonman. I'm sure they really appreciate it. 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 ! BB |
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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? |
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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. |
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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 !
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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 Good for you, Madisonman. I'm sure they really appreciate it. 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 ! BB |
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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. Saying that "when people are working for peanuts...you think think they fugged up somewhere", is the opposite of empathy and altruism. |
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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 canceled
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I am so confused...
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I am so confused... |
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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. |
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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. |
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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. it's practice, bottom, and hasn't. enough said |
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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. it's practice, bottom, and hasn't. enough said 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. |
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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. it's practice, bottom, and hasn't. enough said |
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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. it's practice, bottom, and hasn't. enough said 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. |
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. 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 http://www.smirkingchimp.com/thread/18158
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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. 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. |
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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. 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. |
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well it IS the 21st century. time for a new paradigm
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