Mark Cuban on why the rich need to pay higher taxes

[soulcougher73]

So it seems yet again most here have not read the article or used their brain in awhile. Great article. Also can we get a link please?

You trolls are sad.

 

[Spikesoldier]

to quote another poster

"i am not in favor of raising any taxes until washington can show they can spend each dollar responsibly.'

 

[theeedude]

Ah, the Onion,... Republicans Call Tax Proposal 'Class Warfare'

http://www.theonion.com/articles/republicans-call-tax-proposal-class-warfare,26118/

LOL

 

[actuarial]

I agree with Cuban on a lot of his points. The "raise taxes on the rich!" is a nice rallying cry for liberals and or class warfare supporters, but by any realistic measure is not even going to put a dent in the budget deficit or fix the real problems. Further, if Cuban feels the wealthy should pay more, he's free to send a check anytime he wants to. He doesn't, like every other person who thinks taxes should be raised.

There's no doubt that those representing us in DC have put us in a position where tax increases are going to have to be part of the long term solution, but I am absolutely opposed to ANY tax increase before I see actual real (not "baselining" bullshit) cuts in spending. I've written my senators and congressmen that they need to get the spending house in order first before supporting any tax hikes, or I will support whoever runs against them in the next election.

So is Cuban engaging in class warfare against himself? How does that make any sense?

And how many times is the 'free to send a check anytime he wants to' fallacy going to be repeated?

The problem in the US is neither side will agree that you need to do both things, and probably rather drastically. And that's just to cut the current deficit. Anyone who thinks they can reduce the deficit through spending cuts or tax increases alone is just an ideologue.

 

[Ausm]

Ah, the Onion,... Republicans Call Tax Proposal 'Class Warfare'

http://www.theonion.com/articles/republicans-call-tax-proposal-class-warfare,26118/

Wait, you're telling me there’s a war the Republicans don't support?

Rudy Salvagini
Unemployed

LMAO :twisted:

 

[xBiffx]

Wait, your telling me there's a war the Democrats do support?

 

[Ausm]

Wait, your telling me there's a war the Democrats do support?

Educate yourself to eliminate the confusion

 

[xBiffx]

Educate yourself to eliminate the confusion

Confuse yourself to eliminate your education.

 

[Double Trouble]

Do you view people that campaign for tax cuts for the rich to be engaging in class warfare?

Yes, I do. It simply doesn't make sense to cut taxes for the upper class at this point, especially in light of the wealth concentration at the top.

 

[Double Trouble]

I am a left leaning moderate and I agree with you...however, there needs to be a balanced approach and defense/ security is not off the table...

Absolutely, defense spending spending should not be off the table. Nothing should be off the table -- with the caveat that given the track record of the government I want to see real spending cuts before I'd agree to a tax increase.

The massive level of defense spending was a luxury we could afford before but simply can't maintain now. It's like having a kick-ass luxury alarm system on your house. No problem if you are wealthy, but it doesn't make sense to pay for that when you're flat broke.

 

[Double Trouble]

So is Cuban engaging in class warfare against himself? How does that make any sense?

I didn't say everyone who advocates for higher taxes on the wealthy is pushing class warfare, but certainly it's something that appeals to those who do believe in class warfare.

And how many times is the 'free to send a check anytime he wants to' fallacy going to be repeated?

It's NOT a fallacy. I believe certain organizations do a good job and are in need for funding. Thus, I donate my own money and hope that others feel the same way. If others don't give like I do, does that mean I should not give? Of course not. If it's a worthy cause, I give regardless of whether you choose to. If he feels more money going to the govt is needed, and that higher taxes are needed, he is free to do so. But he doesn't....

Anyone who thinks they can reduce the deficit through spending cuts or tax increases alone is just an ideologue.

I agree, that's what the numbers dictate. However, I'd like to see a real reduction in spending first to see that they are actually serious about fixing the problem before committing more of my money in the form of taxes.

When a drug addicted family member asks you to lend them some money, I think it's only reasonable to demand some sort of proof that they are past the addiction and really dedicated to fixing things before you hand them money.

 

[Craig234]

Wait, your telling me there's a war the Democrats do support?

WWI, WWII, Korea, Vietnam, Serbia - are you kidding? It's not a proud history in cases like Vietnam, but are you that ignorant?

Though to their credit, Democrats have avoided some of the worst risks of war. Truman fired MacArthur who wanted war with China, JFK blocked war with Vietnam and started to greatly end the cold war, Carter avoided war, Clinton had only relatively small humanitarian war, Obama has only started hostilities with Libya no troops, etc.

Republicans are the specialists in 'corrupt war' - dictator puppets, terrorism, death squads, etc. The world is safe from Grenada.

 

[fskimospy]

Yes, I do. It simply doesn't make sense to cut taxes for the upper class at this point, especially in light of the wealth concentration at the top.

So why are Republican attempts to continue to cut taxes for the rich not labeled as class warfare?

 

[rockingz1313]

Why do we excuse the increased waste of the past 3 years? My biggest problem is that we're writing into concrete the bloated budget of the past 3 years and I don't accept that level of waste. We cannot possibly think that keeping the level of spending at a 1Trillion deficit is sustainable. Let's go back to 2008 budgets and then increase taxes.

- cl.codemonster@gmail.com -

 

[Double Trouble]

So why are Republican attempts to continue to cut taxes for the rich not labeled as class warfare?

I'm not aware of any republican pushing for tax cuts just for the rich. They might push for tax cuts for everyone, but not singling out one group or another. The democrats are saying to specifically single out "the rich" and increase their taxes. That sounds like class warfare to me.

Do you have an example of a republican pushing tax cuts just for the rich?

 

[Lithium381]

So why are Republican attempts to continue to cut taxes for the rich not labeled as class warfare?

It's not so much what the democrats and republicans are doing, but how they're going about it. The republicans don't come out on TV and say "the rich are better than you, you're scum and don't deserve to live" this is in contrast to obama coming out on tv and saying "they're not paying their fair share, and THAT is why there are no jobs, THAT is why the economy sucks"

he's putting the blame for everything on the rich, trying to instigate emotions of anger within the ranks of the lower class, trying to make the rich seem like a monster.

 

[fskimospy]

It's not so much what the democrats and republicans are doing, but how they're going about it. The republicans don't come out on TV and say "the rich are better than you, you're scum and don't deserve to live" this is in contrast to obama coming out on tv and saying "they're not paying their fair share, and THAT is why there are no jobs, THAT is why the economy sucks"

he's putting the blame for everything on the rich, trying to instigate emotions of anger within the ranks of the lower class, trying to make the rich seem like a monster.

Please provide a quote from Obama saying that the economy sucks and that there are no jobs because the rich aren't paying enough in taxes.

He says they aren't paying their fair share, but I can provide you with dozens, if not hundreds of quotes from Republicans about how our taxes on the rich are stopping job creation, how the taxes are unfair, etc, etc. So once again, I'm curious as to how they are different.

 

[fskimospy]

I'm not aware of any republican pushing for tax cuts just for the rich. They might push for tax cuts for everyone, but not singling out one group or another. The democrats are saying to specifically single out "the rich" and increase their taxes. That sounds like class warfare to me.

Do you have an example of a republican pushing tax cuts just for the rich?

Sure. In December the Democrats immediately offered to pass a new law renewing the Bush tax cuts for the middle class and below. The Republicans all but unanimously voted against it, and refused any deal that did not include the renewal of the Bush tax cuts for the rich as well. The Republicans had a chance to pass tax cuts on the middle class and refused in order to bargain for tax cuts for the rich as well. If you're refusing a deal to cut taxes for 98% of Americans because 2% weren't included in the deal, that's fighting for the rich specifically.

If you look at Republican legislative priorities, tax cuts for wealthy people are always... always their #1 priority. They care about other things too, but they will NEVER accept a deal that goes against that principle.

EDIT: The Republicans have also repeatedly fought to cut taxes on certain types of income that affect the wealthy overwhelmingly. While it might not be an income tax bracket, if they are getting 99% of the benefit, that's once again fighting for the rich.

 

[HeXen]

i'm all for anything that is NOT what it is now....cause obviously its not working.
i mean wtf...why not just try it? try anything, even if its just temporary. All i ever hear, especially since the depression, is speculation back n forth, like the healthcare debate..etc....fuck it all, just try it and see.

 

[dank69]

It's not so much what the democrats and republicans are doing, but how they're going about it. The republicans don't come out on TV and say "the rich are better than you, you're scum and don't deserve to live" this is in contrast to obama coming out on tv and saying "they're not paying their fair share, and THAT is why there are no jobs, THAT is why the economy sucks"

he's putting the blame for everything on the rich, trying to instigate emotions of anger within the ranks of the lower class, trying to make the rich seem like a monster.

Um, hello! The rich are the job creators! We gave them their tax cuts so they could create more jobs. Where are the jobs?

 

[Double Trouble]

Sure. In December the Democrats immediately offered to pass a new law renewing the Bush tax cuts for the middle class and below. The Republicans all but unanimously voted against it, and refused any deal that did not include the renewal of the Bush tax cuts for the rich as well.

I disagree that not allowing "the rich" to be singled out for different treatment than everyone else is class warfare. That's comparing apples to oranges. Demanding that everyone either get the same continued breaks or noone gets those benefits is not class warfare.

The Republicans had a chance to pass tax cuts on the middle class and refused in order to bargain for tax cuts for the rich as well. If you're refusing a deal to cut taxes for 98% of Americans because 2% weren't included in the deal, that's fighting for the rich specifically.

You apparently consider not singling out one specific group for different treatment a form of class warfare. I don't buy that.

If you look at Republican legislative priorities, tax cuts for wealthy people are always... always their #1 priority. They care about other things too, but they will NEVER accept a deal that goes against that principle.

Can you show me an example where the republicans proposed tax breaks for the wealthy that other groups would not be entitled to?

EDIT: The Republicans have also repeatedly fought to cut taxes on certain types of income that affect the wealthy overwhelmingly. While it might not be an income tax bracket, if they are getting 99% of the benefit, that's once again fighting for the rich.

I agree with that wholeheartedly. Preferential tax treatment for certain types of income that generally only the wealthy have access to is not fair, and it's one of the reasons why we have wealth concentration at the top. I don't know how and when that came about, but I don't like it.

 

[bfdd]

people need to stop confusing the word "rich" with those who only pay capital gains. of course they pay less they fucking get taxed on their style of income earning less than other versions of income earning, not to mention they're already dealing with such huge sums of money odds are they're making huge sums of money as well. silly.

All money earned = income all income should be taxed the same rate regardless of amount earned.

 

[Muse]

I dig Mark Cuban.

 

[her209]

The owner of the NBA World Champions 2011?

:awe:

 

[Budmantom]

I didn't read the whole post but did he say that HE would voluntarily start paying higher taxes?