slimp_dawg
Posts : 1821
ONLINE
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Posted on Feb 27, 2009
^^^And keep in mind the tax structure and government policies of Clinton put us in a surplus, while Bush put us in a record deficit. All the tax breaks the rich are getting now are not leading to trickle down. The are heavily taxed, yet have the US has the least in tax REVENUE because of all the loopholes givin' to the rich corporations. So, in reality, they aren't payin much in taxes. And it's FACT that the top 4% went from controlling 9& of the wealth to 22% of the wealth in the US over the last 8 years. That doesn't seem like trickle down... it's the gaddamn opposite.
Obama is not denying that the deregulations of the banks was appropriate. And in fact, Bush had mulitiple chances over the last 8 years to do something about it. It was a good idea to get some stuff rolling, but after the writing was on the wall, some regulations needed to be stamped down and they weren't. What do you think Obama is going to do?
Now Lakia, let me ask you this. If you bust your ass, and make a good living, what do you consider A LOT of money. Would 200,000 a year be a lot. Maybe 250,000? If you bust your ass, and make 250,000, you're not getting taxed any more than you are today! Now, if you are one of those rich CEOs that's making MILLIONS, I could see why you might get pissed. I mean for fucks sake, you've been raping your employees for 8 plus years now. Not giving them pay raises to match the cost of living, yet increase the cost of your product. You've been giving yourself muli million dollar bonuses and higher pay every year. And now, when the country is in the shitter, you're asked to do your part and pay some extra taxes... you'll still make millions, though. But that's just down right UNAMERICAN to think that you should help out your country.
Pull your head out of your ass Lakia. YOU will NEVER make millions. YOU will NEVER make the amount of money that should make you concerned with Obama's tax structure. The reason the US is in the situation we're in is because EVERYONE is greedy. From the CEOs to the small minimum wage earner in Spokane. Greed. Gotta have my cars, flat screens, guns, snowboards, etc... and if I can't pay for it today, I'll slap down the credit card and pay it later. And with all that false "wealth" plastic gave us, we completely ignored the fact that we were not truly gaining wealth. We were digging ourselves deeper in to holes. We ignored the fact that while our credit went up, our pays stayed the same and products went up. But we didn't car because we were still getting stuff... no buying, getting, because we all used credit.
Personally, I like Bill Mahr's solution. Don't tax the corporations any more... however, here's the loophole. If the corporations are actually creating jobs, which by the way is what trickle down is SUPPOSES to do, then no extra taxes. However, if the do NOT create jobs (and not 1 or 2 positions here and there), then tax them. Because the reason to not tax them is to get them to pass that money down to the middle class. But that's not what's happening, so why give them that tax break! And remember, middle class is the buying power. Tax them, and they have less to spend. Give them a tax break and a pay raise and they buy more. Which puts more in the business owners pockets. If I had more money to spend, I'd hire a small contractor to remodel my downstairs... since I dont', I'm not, and there's some contractor out there that's out of work right now.
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