True storySerious answer: propaganda has conditioned them to react that way, and ignorance prevents them seeing through the propaganda.
source?The top 1% are almost all business owners...
How many jobs have you created?Because it never stops. The government just keeps adjusting the line. Not only that paying more than 50% of your earned income in taxes is just plain wrong on principle.
See Alternative Minimum Tax and phase out rules.
Because it never stops. The government just keeps adjusting the line. Not only that paying more than 50% of your earned income in taxes is just plain wrong on principle.
See Alternative Minimum Tax and phase out rules.
I'm not talking the top 50%. I am only referring to the top 1% here, nobody else.
Question for conservatives: Do you realize that every dollar given as a tax cut to the rich means raising taxes a dollar on the rest of us?
I gave you your answer
Also keep in mind, the top 1% currently pays 38% of all income taxes the government recieves.
Question for conservatives: Do you realize that every dollar given as a tax cut to the rich means raising taxes a dollar on the rest of us?
Question for conservatives: Do you realize that every dollar given as a tax cut to the rich means raising taxes a dollar on the rest of us?
I'm not talking the top 50%. I am only referring to the top 1% here, nobody else.
What happened when Bush cut taxes?I will offer a different perspective.
The money that we allow the richer people to keep will most likely be invested, offering employment to many other regular joes who can then be taxed on said employment. This will lead to a net + in tax income vs. just taxing the shit out of the rich dude and having the regular Joe's remain unemployed or underemployed.
Question for conservatives: Do you realize that every dollar given as a tax cut to the rich means raising taxes a dollar on the rest of us?
Because, unfortunately, we live in reality, where we need to tax enough to cover our spending. We can't just cut taxes without reducing spending because it creates huge problems like the ones you are seeing today. As for cutting spending, it sounds good on paper, but again in reality, it's not so easy.What I find funny is people who demand an underlying reason to cut taxes or more recently, keep from raising them, like job creation. What happened to "because it's their money"? Some of you sound pretty arrogant, that you might let people keep some of their money if you thought it was for a good reason, like creating jobs. How generous of you.
Because, unfortunately, we live in reality, where we need to tax enough to cover our spending. We can't just cut taxes without reducing spending because it creates huge problems like the ones you are seeing today. As for cutting spending, it sounds good on paper, but again in reality, it's not so easy.