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Rich under taxed?

Discussion in 'Politics, Elections & Legislation' started by tj303, Aug 13, 2009.

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  1. tj303

    tj303 Member

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    "The top 1% of American households pay more in federal taxes than the bottom 95% combined." from the Wall Street Journal. http://online.wsj.com/article/SB10001424052970204313604574328273572673730.html
     
  2. halfmile

    halfmile Well-Known Member

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    I can't believe Obama didn't know the truth. His wealth distribution mantra had to be just a bunch of vote getting hooey.

    If you want to talk about the top 1 per cent, try leaning on them a little more and see how many take up residence in the Caymans or Bahama.

    Pandering to the base emotions of a bunch of uneducated lowballs got him in, let's see how good it works now.

    "Obama gonna pay mah mo'gage an' put gas in mah cah."

    Sure, uh-huh.

    HOw do ya like him now?

    HM
     
  3. Chichay

    Chichay TS Supporters TS Supporters

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    tj303,

    Excellent, informative article. A must read For ALL taxpayers!

    Chichay
     
  4. crusha

    crusha TS Member

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    He ain't done with the Middle Class yet, folks. Trust me on this.
     
  5. ou.3200

    ou.3200 Well-Known Member

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    He doesn't have to raise taxes. His plan is to take it through inflation. All the excessive spending will cause inflation down the road when the economy comes back. Spend it now, pay it back later in highly inflated dollars. He sees all that wealth out there in 401Ks and other savings and wants to tap into it. Inflation is the cruelest tax of all.
     
  6. slic lee

    slic lee Active Member

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    If you look at page 425 and 427 you will see how Obama,the govt mandates your living will,instructs you what to say and pay your death tax before you die and you must give the govt your electronic bank account number and access code,that part is mandatory.
    One way or another they want all our money
     
  7. birdogs

    birdogs TS Member

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    Under what philosophy should one group ever be taxed more than another?

    If you say, "Ability to pay" you are espousing the first part of the Communist/Socialist Wealth Redistribution mantra. This is immoral and unethical. If a government needs tax revenues to supply services to its citizens, then all citizens shoul pay the same. Instead the wealthy pay more and get less while the poor pay nothing and get much. How can any true freedom-loving American defend this? The answer is that they can't.
     
  8. grunt

    grunt TS Supporters TS Supporters

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    Buzzgun, He isnt finished with the middle class yet.
    [​IMG]
     
  9. Setterman

    Setterman Well-Known Member

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    Agree with you birdogs. What's wrong with a flat tax, and the government spending within it's budget?
     
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