[QUOTE=Cam;546605]Yes…I was talking to you. I was picking apart your post point by point to make it clear that you were posting crap data. Even though WE BOTH believe the same thing about the inadvisability and immorality of taxing the rich…and Maggie Thatchers…“socialism works till you run out of other people’s money” … Your post stated a number of things which simply are NOT true and it serves no purpose to spread falsehoods because the enemy can exploit them. To be clear, let me reiterate:
- YOU claim Biden wants a trillion dollars which the rich cannot possible provide.
My point is that Biden wants a $Trillion over 10 YEARS …**otherwise known as $100billion a year. **
2.Then I disprove your point by detailing exactly how the rich CAN afford to pay $100 billion a year more (or $1Trillion over 10 years…by giving back the $75 billion a year they get from the Bush Tax cut and eliminating a few deductions that benefit the rich. (Rich defined as $250k/yr./couple)
3. As proof that the additional $25billion is achievable…I point to Romney’s 20% REVENUE NEUTRAL tax cut which requires the elimination of deductions far in excess of the $25billion Biden/Obama would need beyond the elimination of the Bush tax cut for the wealthy.
4. I further stated that your whole Bill Gates point is ridiculous in this context as WEALTH has nothing to do with income tax. The whole example is flawed and mis-placed in a discussion of Obama/Biden’s tax policy plans. The point that you can’t keep asking a small # of people to pay more and more of the “bill” is a valid one… we are talking INCOME tax proposals here…not confiscation of existing wealth.
The Biden/Obama tax increase on the “rich” should NOT be challenged on the basis that the rich cannot afford to pay it. They CLEARLY CAN afford to pay it.
It should be challenged because it is TERRIBLE economic policy to raise taxes in a recession since that kills jobs and economic expansion.
It should be challenged because those taxes will fall largely on the small business community and kill business and jobs.
It should be challenged because higher taxes on businesses mean higher PRICES for the MIDDLE CLASS and POOR. Trickle down taxes.
It should be challenged because higher taxes on businesses mean higher PRICES on USA made goods/services and less exports and jobs.
It should be challenged because businesses will not locate here and innovation will take place elsewhere.
It should be challenged because it is immoral and un-American for 1% to pay 38% NOW of all taxes…and even more so to pay 50% or so.
**Your point about “eating the rich”… is well made here: **
Again, we are talking on 2 different subjects and FAR different objectives in our posts!
I posted NO data outside of stating the tax code contains about $1 Trillion in deducts. Then I made-up a scenario in which we take most of Billy Gates money and that when we do he no longer has it and we cannot get it twice unless it starts up another MS.
I have no idea what you are talking about and I suspect you do not either. You have NOT picked apart anything and it that was your goal then you failed. I NEVER made any such claim Biden wants or is anything other than stupid…you are clearly become delusional or losing what is already a tenuous grip on reality. Your claims I said this or that are in fact fabrications and putting them in quote marks that does not make me having said it. This is what you do when you are losing…I am just waiting on the race card.
Folks on here can read, you are not doing so well, suggest you:
Take this to PM’s
Take this to the “No Holds Barred” part of the forum
Or just accept that your personal attack is a failure, your dream world about what I said and meant are YOUR fabrications not mine.
Any further discussion at this point is doing you no good and not needed in THIS threads, suggest you end it now. You are welcome to post “last word” if that will make you happy, my ego is not as big as yours…
Please, take this somewhere else…