In response to:

Hey, Fat Cat Unions: Pay Your "Fair Share"

Elucidated1 Wrote: Dec 07, 2012 11:22 AM
Hey, Michelle, why is it millionaire Ed Asner has no problem having his taxes increase 3% while you go kicking and screaming?=-)
teetime Wrote: Dec 07, 2012 4:45 PM
That is over a 10% tax increase, not 3%. Anyway, I haven't heard that Asner or any other lefty has sent a small token, say $1,000,000 to IRS to help their savior, Obama. They can send $$$ to Washington anytime they wish. They could afford to pay $40,000 per plate to his campaign dinners.
Richard31 Wrote: Dec 07, 2012 1:42 PM
This is a tax increase on long-term capital gains - i.e., an investment that provides capital to private business to expand production, hire workers, etc. In other words, it is a tax on profits taken from having, with some risk, improved the economic well-being of the nation.

How much more Ed Asner would (theoretically) pay depends on how his investments are structured. Is he heavily invested in the private sector? I have doubts about that. And it is only theoretic - his financial manager will, if this is passed, restructure to avoid any real loss to him. Just like Warren Buffet, George Soros, Barack Obama, et. al. Only the wealthy have that option, however.
DB07 Wrote: Dec 07, 2012 11:41 AM
Asner is an avowed socialist. Still, I'll bet he uses lawyers and accountants to minimize his taxes too.
jimmylynn Wrote: Dec 07, 2012 11:35 AM
El,
You haven't provided any meat for the table boy. You need to provide us with a carcass if you expect us to chow down on that. I think you're here just chewing the fat.
Old Dawg Wrote: Dec 07, 2012 11:34 AM
Because Ed, like many other rich, fat-cats on both sides of the political spectrum, can afford to hire lawyers and accountants to shelter his income.

Why else is it that the Left is so resistant to meaningful tax reform, which would include a good 1980's style scrub of the tax credit/exemption/deduction regime?

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tuttletacoma Wrote: Dec 07, 2012 11:30 AM
remind us dimwit, where is your crystal ball that guarantees 3% tax increase when your lord and savior is promising more trillions in debt

and estimated increase of 80 billion in taxes on the evil rich does nothing to offset comrade hussein's out of control spending

although we have heard from buffet the buffoon that any tax increase on evil rich repubs will make the middle class feel better

I on the other hand would have a strong increase in my moral if the parasite class started supporting America's infrastructure rather then just sucking off the govt teat
Buck O Wrote: Dec 07, 2012 11:26 AM
Message for wealth-bashing millionaire actor Ed Asner: Man up and take responsibility for lying to America's schoolchildren.

Confronted by a producer for Fox News Channel's "The Sean Hannity Show" this week, the left-wing celebrity claimed he couldn't remember "a thing (he) said" on a vile propaganda video produced and published by the California Federation of Teachers. Asner narrated the unforgettable eight-minute anti-capitalist screed geared toward children.

Think Occupy Wall Street meets Sesame Street. "Things go downhill in a happy and prosperous land after the rich decide they don't want to pay taxes anymore," Asner warbles in a folksy grandpa voice. After education reform...