In response to:

Fiscal Cliff? Tax the Rich

1960Republican Wrote: Nov 10, 2012 5:19 AM
No sense in trying to top Ransom's sarcasm, so I'll just say the "$250,000" threshold is the worst idea. Maybe a new business owner earned that amount one or two years of his first 20 years. Suddenly, he is punished for his success. Back when the highest tax rates were the 70% and 91% Ransom mentioned, there was also "income averaging" -- one averaged his income over a period of years, reducing his actual tax rate for a high income year. It is also true that high income earners have a myriad of ways to avoid high taxes -- they always have had that and I think they always will.
pepnm Wrote: Nov 10, 2012 7:04 AM
As soon as the heat comes off of the $250,000 no., they'll change it to $200,000, then.........................!
Arc-em Wrote: Nov 10, 2012 6:10 AM
You don't think congress would pass a law forcing themselves to pay more do you? The whole income tax system is corrupt. A consumption tax is the only way to go, the wealthy will still buy what they want and the poor will have some skin in the game. Maybe they'll get a clue to whats it's like for the rest of us.
rpexplorer Wrote: Nov 10, 2012 7:12 AM
For the umptyumph time I point out that there is already a consumption tax. Taxes on business devolve to the consumer of the product. The corner store that sells a loaf of bread to you includes a percentage of the taxes he pays. Gov says individuals account for 1.2 tril in tax receipts. Not true, individuals pay all taxes either directly or indirectly.
1960Republican Wrote: Nov 10, 2012 7:59 AM
Congress"persons" don't care how high their taxes are. Same for all officials elected to high office. Same for 1 Star generals and above. To live well they don't even need their incomes. Hang around with some congresspersons, generals, admirals, for a few weeks, which I have done. You'll see. You haven't lived until you have the guest house on one of our military bases, and are invited to dinner at the base commanders palace (that ain't the restaurant in N'awlins). Fort Jackson's is best, Pendleton pretty good, too. And, I've never experienced a congressperson picking up a dinner check. Never.

Barack Obama wants you to know that the rich are out of control.

And I partially agree. It’s a matter of fairness.

After thinking about it for a few years, he has finally figured out that our economic problems have a very simple explanation: There are too many rich people.

I know of at least one too many. The one occupying the White House? Way too rich.

(Editor's note: I'm taking a few days off. I'll see you guys again on Tuesday)

Too many rich people are causing a jobless “recovery.” Having too many rich people caused gas...

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