We need some type of excessive compensation tax.

[matt0611]

The more you give the feds the more money they waste. It is time to take away the checkbook. Every time I Blink some democrats have written 5,000 new lines of redtape that fix nothing.

But if we only just increased the taxes on the rich our fiscal problems would simply go away! lol

It will do nothing but fuel government spending even more.

 

[Zebo]

Rich get richer. Every country Every economic system. It's a universal truth like sun rising every morning. I can explain the details if interested. You got two choices revolution or redistribution. Most sane use redistribution rather than what's going on in Tripoli.

Redistribution takes many forms. SBA loans. Union workforce. Progressive taxation. One thing I don't care for is something for nothing. e.g. Welfare.

 

[Londo_Jowo]

I went out to lunch with some friends. They spent from $5 to $15. I ordered a $100 Kobe steak, and a $1000 bottle of wine.

It came time to divide up the bill, and I said, 'let's split anything after the first $100 evenly. Sure, this reduces my share of the bill and puts it on you, but it lets me keep MY MONEY'.

Of course, when you start out with the idiotic premise that every dollar the government taxes and spends in democracy is not appropriate but THEFT, you don't get the analogy.

Actually you should have paid for everyone's lunch. Or you should have been beaten to within an inch of your life for trying to stiff your friends.

 

[xj0hnx]

Not in all cases. Many make money bundling up bad loans\assets and re-selling them providing no product or service to the people.

Matter of fact that aren't just not selling a product, they are selling a bad investment, and setting those buying up for failure.

 

[Zebo]

I went out to lunch with some friends. They spent from $5 to $15. I ordered a $100 Kobe steak, and a $1000 bottle of wine.

It came time to divide up the bill, and I said, 'let's split anything after the first $100 evenly. Sure, this reduces my share of the bill and puts it on you, but it lets me keep MY MONEY'.

Of course, when you start out with the idiotic premise that every dollar the government taxes and spends in democracy is not appropriate but THEFT, you don't get the analogy.

My dad does shit like that when it's my turn to pay when we go out. Makes spidey look liberal. Ah whatever, he's my dad so I pay.

 

[comptr6]

It's amazing you lefties are so up in arms over the idea that taxpayers shouldn't have to pay teachers and other union workers way more than they deserve but you'll jump at the chance to steal what myself and others have earned through hard work!

 

[WHAMPOM]

Amazing that the top 5% now own 90% of the wealth while in the nineteen fifties only 50%. If tax breaks create jobs, why did the Bush Tax Cuts coincide with so much unemployment?

 

[Craig234]

I won't use the word theft because implies illegitimacy, but every dollar the government gets is taken involuntarily from someone. Its certainly a good idea to keep that in mind when discussing spending.

So, what's your solution, have all taxes be voluntary, so few pay anything and the society becomes Mad Max in months? Let the people vote on represenatives?

I'd like to hear your version of a practical system that doesn't have anyone who has to pay a dollar in taxes for anything they'd rather not.

You don't know what abuse is until you get what you want - a corporatocracy in which you are are screwed 1000 times worse than now, and you don't get a vote.

Move to the Latin American model, where 15 families own 98% of the recources, and the government and the police and the media, and you hope to get to pick their food.

Freedom, the definition of the right wing.

 

[Craig234]

BS, I was just asking for a penalty on pay over 10 million a year. 10 Million is plenty of motivation. WHY DOES SOMEONE NEED TO MAKE OVER 10 Million a year? WHY?

FYI the fact that we have people who have made billions a year, while we have people starving to death in the world is a crime against humanity. It is one of the greatest evils of the world and must be corrected.

It is sad and funny how so many on ATPN support the trampling of the poor by the rich, when they aren't rich them self, and are probably one of the people being trampled.

Yes, it's because they've been propagandized to hate the poor and to identify with the rich, and think 'thier money' is being taken to give to poor people. Ignorant.

 

[Craig234]

Again, those that do not have, want to take it from those that have without justification.

Why do those that refuse to better themselves feel that they deserve to be given anything they want from those that work for it.

Eventually you destroy the need/will to suceed.

Nothing like the idiotlogues.

If those Latin Americans just didn't LIKE to have no choice but hope to get to pick food and almost starve, or starve, with everything owned by a few, they could ALL be billionares! That's how they like it - unless they can take the hard-earned wealth of those families who have owned the country for generations, without any justification!

 

[Mean MrMustard]

idiotlogue: Craig's new word to describe anyone who disagrees with him.

Save234

 

[highland145]

Yes, it's because they've been propagandized to hate the poor and to identify with the rich, and think 'thier money' is being taken to give to poor people. Ignorant.

Nope. Realization that it's their $$ and that, in this great country, we have the ability to achieve success if we're willing to strive for it.

Granted, $10M for a sports star is obscene to me but people keep buying tickets.:\

 

[werepossum]

idiotlogue: Craig's new word to describe anyone who disagrees with him.

Save234

LOL He means that rabid far, far right. You know, about 90% of the country who are not in touch with their inner Mao.

 

[Patranus]

Amazing that the top 5% now own 90% of the wealth while in the nineteen fifties only 50%. If tax breaks create jobs, why did the Bush Tax Cuts coincide with so much unemployment?

In 1960 the GDP was roughly 600 billion or 4.2 trillion in current dollars.

The GDP for 2009 was 14 trillion.

The pie isn't the same size.

 

[CycloWizard]

Matter of fact that aren't just not selling a product, they are selling a bad investment, and setting those buying up for failure.

They're selling an investment. That investment has very high risk and an accompanying high potential return. That's why people bought them without anyone putting a gun to their heads. An investment does not necessarily guarantee a return. Idiots who think any investment guarantees a positive return are just that - idiots. If I choose to invest in something with a high risk, I know it could work out great or I could lose my shirt and am free to invest accordingly.

 

[BoberFett]

They're selling an investment. That investment has very high risk and an accompanying high potential return. That's why people bought them without anyone putting a gun to their heads. An investment does not necessarily guarantee a return. Idiots who think any investment guarantees a positive return are just that - idiots. If I choose to invest in something with a high risk, I know it could work out great or I could lose my shirt and am free to invest accordingly.

Unless of course you're friends with congressmen and presidents. No investment carries any risk if Obama is on speed dial.

 

[CallMeJoe]

Share Our Wealth. An old idea even here in the United States.

edit: Huey's words

 

[werepossum]

Share Our Wealth. An old idea even here in the United States.

edit: Huey's words

LOL How very altruistic of him to propose taking other people's money and spending it "properly."

 

[CallMeJoe]

LOL How very altruistic of him to propose taking other people's money and spending it "properly."

President Roosevelt's critics fail to credit that his "Socialism" saved the United States from Huey Long's more radical solutions.

 

[werepossum]

President Roosevelt's critics fail to credit that his "Socialism" saved the United States from Huey Long's more radical solutions.

Quite possibly true. When things are very bad for a very long time, people will become increasingly willing to accept radical changes that promise some relief, and things were certainly very bad during the Depression. Although I was raised on stories both of the Depression and of the hardships that befell some people before our nation adopted FDR's socialism, even someone of my age can't really understand all of it. My great grandmother for instance was widowed with twelve children, the oldest of which (my grandfather) was twelve. She made her living as a washer woman, washing clothes on a washing board. So I am a fan of a certain amount of socialism regardless of whether or not the alternative is more socialism.

 

[CycloWizard]

President Roosevelt's critics fail to credit that his "Socialism" saved the United States from Huey Long's more radical solutions.

And now his socialism has buried us alive in debt. It seems that it was a permanent solution to a temporary problem. Once we're saddled with that kind of system, it's proven impossible to cast off, with the inevitable result now self-evident to anyone who has tried to crunch the numbers and find a way to balance the budget.

 

[Zebo]

There is no risk to investing at the top. They can borrow at prime rate and buy treasury's at GUARANTEED 2% spread., tax free. Or they can loan it to you, JohnQ at 6-29%. Additionally they can wait anything out and move markets with trade. If Buffet buys a stock it goes up automatically and he never loses. If all else fails govt sugar will bail them out.

 

[CycloWizard]

There is no risk to investing at the top. They can borrow at prime rate and buy treasury's at GUARANTEED 2% spread., tax free. Or they can loan it to you, JohnQ at 6-29%. Additionally they can wait anything out and move markets with trade. If Buffet buys a stock it goes up automatically and he never loses. If all else fails govt sugar will bail them out.

And you can do all of those things because ________ made it that way.

A) private industry
B) penguins
C) government
D) all of the above

 

[BoberFett]

And you can do all of those things because ________ made it that way.

A) private industry
B) penguins
C) government
D) all of the above

I'm going to go with penguins. Those devious little bastards have been planning their invasion for decades. Frankly, if I had to live in Antarctica I'd have done the same.

 

[glenn1]

Why does someone need to make more than 10 million a year? Clearly no one needs that much money a year, and no one really deserves that much money a year. Too many times the working class and poor are trampled over by the rich to make this kind of money. We need a tax on this kind of excessive pay.

I propose a 200% tax against any company for each dollar over 10 million it pays to any single employee. For self-employed people I propose a 50% self employment tax for each dollar over 10 million. We need to reign in on these excessive incomes from the rich who do nothing but steal from the working class and poor.

Also obviously we need to close the loophole with the dividend and capital gains tax that lets the rich trample all over the working class while paying next to no taxes.

As long as we have people on the streets begging for food and money; because they can't find a job, no one should be allowed to make so much money. We need class equality in this country, and a massive tax on the rich/greedy is how we can do it. Remember share the wealth and make the world a better place.

If you want to make more money, upgrade your skill set so you're more valuable.

If you want the "rich" to make less, stop buying their product and become self-sufficient. Those who bitch most about the wealthy are the ones who are leading the crowds to hand their money to the wealthy; watching pro sports athletes and buying their jerseys, buying the music from rap and pop stars, and buying the latest tech gizmo (iPad anyone)?