In response to:

The Great Tax Divide

Jkerouack Wrote: Sep 19, 2012 9:54 PM
Let's just tax at 90% those who inherited their wealth. They didn't earn it. What's the difference between getting it from the government or from dead parents. Why should I work my butt off and have very little and they don't work at all and have everything.
Dogs for Romney_TX Chair Wrote: Sep 19, 2012 11:06 PM
If we earn the money and want to pass it down to our children, then why is it your business?
rightmostofthetime Wrote: Sep 19, 2012 10:46 PM
"Why should I work my butt off and have very little and they don't work at all and have everything."

And there, my friends, is what we call a loser.
rightmostofthetime Wrote: Sep 19, 2012 10:43 PM
Parents are allowed to provide for their children. Or do you just believe that someone's estate belongs to the government? You missed your time--it was in the Bolshevik revolution.
UTDave Wrote: Sep 19, 2012 10:35 PM
Please explain to me why the government should get the money that my family earned. Guesss what, The government didnt earn it either and probably already recieved taxes from it. The government has not right to that money....period!

The fact that you work your butt and have very little is your problem, not the problem of someone who enherited money.
There was a time when Democrats and Republicans alike could talk sense about tax rates, in terms of what is best for the economy, without demagoguery about "tax cuts for the rich."

Democratic presidents Woodrow Wilson and John F. Kennedy spoke plainly about the fact that higher tax rates on individuals and businesses did not automatically translate into higher tax revenues for the government. Beyond some point, high tax rates on those with high incomes simply led to those incomes being invested in tax-free bonds, with the revenue from those bonds being completely lost to the government -- and the investments lost...