It has never made any sense to me why republicans are insistent on lowering the taxes of the rich including their capital gains. The only reason I can come up with is that rich people are paying off politicians so they can make more money.
I have never thought it was right to tax the succesful people more just becuase the have achieved more. It is almost like punishing them for doing well. Though I do understand that taxing the same percentage from everyone impacts the poor more then the rich. I just have not found a good way that is both fair a sustainable. But I do believe that all Americans should pay taxes.
Its a tax on the money a person gets from investment. So if you want to encourage investment you don't tax it as much.
The only way the USA will pull itself out of the hole is to raise taxes. As evident by the tax raises of the Clinton era where capital gains tax was at a staggering 27% vs the Bush 15%. America was better off with higher taxes, Investments were good, profits were good. After the 8 years of the Bush massive spending and lower tax, decline of the USD, super low interest rates by the fed, we now feel the impact of those destructive policies from the bush era tax cuts. Thank the republicans for it. They knew they were not going to get a republican president, so they screwed up the entire USA to make more money for themselves and let the black dude take the fall. If there is one thing the republicans do well that is to create a huge government, start expensive wars, write off money to their contractor friends, and con the ignorant American fools into thinking it was not their fault. As evident by them still being in office.
Well you believe feeding the parasite somehow benefits the host organism.....insane I know....but thats what you believe...... But someday hopefully you realize when you cut taxes for producers in this country......the economic benefits soon follow........ Unemployment Rate after The JFK Tax Cuts Unemployment Rate after The Reagan Tax Cuts Unemployment Rate after The Bush Tax Cuts .....you dont hate jobs do you? . . .
Right....because we just cant CUT SPENDING.....ever Got Ignorance? So your saying it was intentional? Unemployment Rate Since Democrats Took Over Congress Funny how you seem to love it when Barack does it.........you even get out your pom-poms..... . . . .
Lower taxs are realy working well as we speak eh? Perhaps, make them lower and we will have no unemployment? Simple soulution only please simple minds. And you can bet the simple minded are the easiest to manipulate by media and politicians.
Actually, I support well paying jobs, not jobs that receive lower and lower wages due to republicans' erradication of labor unions and taxes. All lowering taxes on the rich does is allow them to put more money into their Swiss bank accounts while they enjoy a martini. I also don't support overseas labor that Republicans' campaign donors LOVE!
Spending can only be cut if the private corporations who are dependint on the USA taxpayer decide to stop living off the government. Untill that happens, there will be increased government spending. Why, because the corporations and capitalist have tapped out the general public and private sector, and the private sector and public have no more profit to payto stay in oerpation. Goods and services have to much capital overhead to compete with the rest of the world. That is why other countries can produce better products for less, and provide better services for less than the USA. Lowing taxes means nothing when the problem is much greater and more complex than cut and lower tax. What the USA is going through is a economic enama, the major corporation monopolies have washed out the public of any profits, and have been cleaning out the federal and State governments of their profits and revenues for the past 12 years. As a result, the government can olny feed the economy printed money untill the capitalistic monopoly parisite finds another country or host who will allow them to suck the money off their country and people. I don't see that happening for at least a few years. So if you are not looking at capitalizing in another country, you whould start now while there is still opportunity before the corporate monoplies get there first.
So you support Public Sector Union Slobs......who fleece Poor and Middle Class Taxpayers? Why do you hate poor and middle class people so much? Well that once was American Labor.....Made In The USA......that is until Democrats began their war on business.....and forced them out. . . .
I have read many ignorant statements from liberals around the world...... ......yours made the top 5.....with the #1 spot in sight. Would government causing the price of EVERYTHING to skyrocket have anything to do with it? So is raising taxes on businesses your solution?...Brilliant! That should create jobs...... . . .
http://www.atr.org/comprehensive-list-obama-tax-hikes-a6433 Comprehensive List of Obama Tax Hikes ....who told you they were lower? . . .
The Kennedy tax cut a top rate of 91%. We can agree 91% is probably depressing economies. The Reagan and Bush tax cuts were accompanied by a hidden "stimulus" of allowing the wealthy to concurrently to LOOT or banking systems for TRILLIONS of dollars! OF COURSE the economy did well and tax collections increased, even the USA's wealthy can't hide ALL those trillions from taxes! Lowering taxes DISCOURAGES job growth because the wealthy would rather keep cash on hand rather than invest the money and get hight net worth in their businesses. We do NOT tax the rich more than the poor. Our tax system heavily benefits the wealthy: The maximum capital gains rate of 15% is lower than most working people's. The business deductions systems allow the wealthy to shield much of their income (defined as "money used for personal benefit") from ANY taxes. And much more.
The abandonment of reality and sanity is required to engage in the belief of Liberalism..... Unemployment Rate after The JFK Tax Cuts Unemployment Rate after The Reagan Tax Cuts Unemployment Rate after The Bush Tax Cuts . . . .
So you are not even going to respond AT ALL tot he fact that Reagan allowed the S&L ripoff to inject well over a TRILLION dollars (back when that that REAL MONEY! ) into the economy, and that under Bush the banksters stole 10's of trillions and spent 100's of trillions of dollars to cover it up? Those MASSIVE stimulus injections of stolen money are the ONLY reason those tax cuts were followed by mire employment and more tax collections. The REAL abandonment of sanity and reason is the demand that Obama repair history's LARGEST robbery without spending money and doing it overnight.
Actually, it would if the taxes were being raised on large businesses and lowered on small businesses.
Good gawd......you should have learned by now that Massive Government Spending or Theft doesnt stimulate anything other than inflation. Its why FDR passed a second Raw Deal and why Obama wanted another PORKULUS before his first Failure was even out the door. Even if you believe that hogwash and malarkey you posted......why did it work when Reagan and Bush did it.....but FAILED MISERABLY when Obama did it? No.......the real abandonment of sanity and reality was when 50 million dupes voted to elect a 143 day senator with a 5 minute career and a 5 second resume, who never ran so much as a lemonade stand much less a candy store...............because they thought he was the solution to our economic ills. Nov. 4, 2008 will soon be remembered as the (D)umbest day in American History...... . . .
So small businesses hire the people the larges businesses laid off....... .......and you call that job creation? . . .
Your almost there. Not only do they try to pay less taxes, but they want you to believe that you should pay less taxes also, because the less you give to the government, the more you give to big business and the rich.
Well...the government has given us a miserable ROI. So called 'big business' (like say Microsoft and Apple) give us jobs and products along with advancement in technology.
