"Bush Tax Cuts" - Whats the real impact?

[soundforbjt]

all taxes are income confiscation. Government can't create wealth. It can only destroy it. It's a liberal tradition to employ a class envy narrative to punish achievers.

Thank you Mr. Sean Hannity for another talking point. Without government, there would be alot less wealth to begin with.

Government "creates" the rules which have allowed Corps & banks and the very rich to enjoy record profits while the rest of the population has suffered. I still think it's time to change the rules, not continue a bad ideology.

 

[Rainsford]

Many of the wealthy inherit their money from their parents/family. That's not achieving anything. The situation we have right now feels like a modern form of divine mandate. IMO, those that benefit the most from our current system of government (wealthiest) should also contribute the most to its upkeep.




Depends on your definition of rich.

Don't buy his premise. Whether or not rich people "deserve" their money or not shouldn't even be remotely part of the discussion. Government spends X amount of dollars, it needs to take in X amount of taxes. Getting those taxes from the people with the vast majority of the income in the country isn't ideological, it's practical.

The most unreasonable position in politics today is that taxes should be arbitrarily defined based on ideology and vote gathering instead of making it a reflection of spending. Republicans want lower taxes? Hey, me too...so get together with the Democrats and figure out how to have more efficient government.

 

[sMiLeYz]

all taxes are income confiscation. Government can't create wealth. It can only destroy it. It's a liberal tradition to employ a class envy narrative to punish achievers.

That's sad

 

[Tom]

Letting people keep more of their own money, no matter how jealous you are, is never a bad thing. Period, exclaimation point, full stop.

do you have any concept what money actually is ?

 

[Craig234]

Taxes are not an ideological debate, no matter how much you might wish it were so. They pay for things the government does, much of which people are in favor of. Tax distribution, tax rates, etc, are topics for reasonable debate. "TAXES ARE TEH EVIL!!!!!!!!!!!" is just stupid.

I think that's overstating the point - there is definitely an ideological part.

Choosing where to aim the rocket to put a man on the moon isn't very ideological. It hits the moon or misses.

But there is a wide variety of choices in things like tax and wealth policy which can 'work' by someone's definition - when we have had the highest levels of 'bad' policy, like the gilded era, there were people defending that because it was fine according to their ideology. You couldn't point to a 'practical' issue and change their mind.

Heck, the same with slavery.

If we overtax most Americans to the point of driving them into the ground while not taxing the rich while they gain ownership of everything - there are people who will say that's great, making it more an ideology issue than a practical issue why that is a bad choice. You can cite statistics all day to the advantages of not doing that, but some will prefer it anyway, because of ideology.

Ideology is beating those practical issues every day. Ronald Reagan spouting a platitude of ideology persuaded voters over the practical issues.

Him 'joking' he was terrified of the government persuaded many people more than the benefits they got from good government.

You're right about the extremes, but ideology is still a very large part of the issue, and what we need are people with a better ideology, not brainwashed with propaganda.

When I choose a good government program over a tax cut for billionares, there is a part of that that is ideology, not just 'practical'.

It's largely about choosing whether we want a society with a prosperous middle class, a good safety net', less poverty, and many other things.

Some of our billionares - the Coors, Scaifes, Koches, Olins et al - do not want that. They have a bad ideology IMO, and the means to spread it.

 

[IGBT]

achievers are the job creators. No PBF (poor broke fusk) ever gave you a job. Damage the achievers and expect fewer jobs and lower paying jobs. Some day you's PBF's will figure it out.

 

[hal2kilo]

That's sad

Even sadder is that he sounds like he believes it.

 

[Craig234]

achievers are the job creators. No PBF (poor broke fusk) ever gave you a job. Damage the achievers and expect fewer jobs and lower paying jobs. Some day you's PBF's will figure it out.

Show me one 'achiever' who made a lot of jobs without a lot of 'PBF's who did the work, who bought the product, who were essential to the wealth.

Taxing people skyrocketing in massive wealth at 39.6% instead of 35% isn't "punishing" them. That's the language of an idiot who falls for propaganda. Not an 'achiever'.

Allowing the rich to take an extreme excess and THAT is what causes 'fewer jobs and lower paying ones'. The guy at the top can't pay low enough.

 

[IGBT]

Show me one 'achiever' who made a lot of jobs without a lot of 'PBF's who did the work, who bought the product, who were essential to the wealth.

Taxing people skyrocketing in massive wealth at 39.6% instead of 35% isn't "punishing" them. That's the language of an idiot who falls for propaganda. Not an 'achiever'.

Allowing the rich to take an extreme excess and THAT is what causes 'fewer jobs and lower paying ones'. The guy at the top can't pay low enough.

then go ahead. punish the achievers and watch what happens to your jobs and existing income. The hot stove is a good teacher.

 

[sMiLeYz]

then go ahead. punish the achievers and watch what happens to your jobs and existing income. The hot stove is a good teacher.

The wealth "trickles down" from up top right?

 

[Craig234]

then go ahead. punish the achievers and watch what happens to your jobs and existing income. The hot stove is a good teacher.

For just one of countless ways to blow your imagined fallacy up, let's do that.

Decades ago, European CEO's and American CEO's had a similar proportion of income for their compensation. Americans took off many times that, Europeans did not.

Now, do we see results for all that increase? No. Comparable European and American companies, where European CEO's make a lot less, do just as well.

You have *ideology* and can't tell corruption from justifies incentive.

Your logic is the type that says if taking 2 pills is correct over 1, taking 10 will do fives time as well as 2. Blind ideology destroying the economy and harming society.

I said "punish" is wrong and the word of an idiot who falls for propaganda.

You did not get the point, did not listen, you just parroted it again, and so it's clear what a waste of time these explanations are.