Thread: Tax the Rich

Originally Posted by brooksie967

The U.S. federal government spent over $15 billion dollars in 2010 on the War on Drugs, at a rate of about $500 per second.
FY2011 Obama administration proposes around $159.3 billion for the Iraq and Afghanistan wars

Brown University in the form of the Costs of War project,[1] which said the total for wars in Iraq, Afghanistan, and Pakistan is at least $3.2-4 trillion

Even if I take your numbers at face value... That is simply Federal money, that is not even a drop in the bucket when you look at the total costs incurred to fight drugs...

Originally Posted by gssixgun

Even if I take your numbers at face value... That is simply Federal money, that is not even a drop in the bucket when you look at the total costs incurred to fight drugs...

Let's see if troops descend upon Washington State and take away every bodies joints and bongs.

Originally Posted by BobH

That concept of tax deductions being available to all is a little disingenuous to say the least.

Bob

Ummmm No that is not true, if you were rich you could do the same, the laws don't differ for people if you could make your money from investments then you would pay less taxe same as everyone else.. (US Tax Code)

And again thank you for proving my statements in post #106

Bedtime, can't wait to see where this goes. It's always great talking with you guys.

Glen, i'm all for getting rich but don't pretend that there are a percentage of people out there that do it by bending and breaking the rules. Nobody is discrediting self made million/billionaires that do it lawfully AND ethically. I'm not going to sell guns that will wind up in child soldiers hands in Africa just because I can sell them legally.

Originally Posted by Mephisto

Let's see if troops descend upon Washington State and take away every bodies joints and bongs.

And Colorado..

Nobody really knows the fallout of those laws yet they are all feaking

Originally Posted by brooksie967

Bedtime, can't wait to see where this goes. It's always great talking with you guys.

Glen, i'm all for getting rich but don't pretend that there are a percentage of people out there that do it by bending and breaking the rules. Nobody is discrediting self made million/billionaires that do it lawfully AND ethically. I'm not going to sell guns that will wind up in child soldiers hands in Africa just because I can sell them legally.

I never ever said that I said Illegal is Illegal but shouldn't even be part of this discussion because Illegal money will never be taxed

Originally Posted by gssixgun

Ummmm No that is not true, if you were rich you could do the same, the laws don't differ for people

No, the point is that nobody ever said the laws differ for people. You just admitted what I had said. It is disingenuous when in practice the average taxpayer cannot take advantage of what the wealthy can. An extreme example would be say you were entitled to put 20 thousand into a retirement fund and reduce your taxable income by that amount and it is available to all taxpayers. Fat lot of good that would do a person who hasn't got a pot to pee in or a window to throw it out of. In theory it applies to all but in practical fact it does not. There is no way in Hades that a wealthy person should be able to reduce their taxable income to a point as low as to compete with what the pot less person would pay. I am not saying the rich should be taxed into poverty either before you try to infer that too. The theory of being universally available to all is grand but in reality just not so. Yea, I know that is life and it bites but it could bite just a little less and not harm anyone to any great extent.

Bob

I don't know about this as long as it's legal it's all good argument. At the very least it is a two-edged sword.
For example the law right now says that in about a month the tax rates go up, which would mean that there is absolutely nothing wrong with those higher tax rates.

The same with the so called Obamacare - it is now legal, but that doesn't mean that everybody who hates it hates america

As far as envy goes, if that's the case, then the same must be the case when people are eyeing those cushy health and retirement benefits for the government employees - after all nobody prevents anybody to work for the government instead of for a private company, right?

Originally Posted by BobH

No, the point is that nobody ever said the laws differ for people. You just admitted what I had said. It is disingenuous when in practice the average taxpayer cannot take advantage of what the wealthy can. An extreme example would be say you were entitled to put 20 thousand into a retirement fund and reduce your taxable income by that amount and it is available to all taxpayers. Fat lot of good that would do a person who hasn't got a pot to pee in or a window to throw it out of. In theory it applies to all but in practical fact it does not. There is no way in Hades that a wealthy person should be able to reduce their taxable income to a point as low as to compete with what the pot less person would pay. I am not saying the rich should be taxed into poverty either before you try to infer that too. The theory of being universally available to all is grand but in reality just not so. Yea, I know that is life and it bites but it could bite just a little less and not harm anyone to any great extent.

Bob

The Law didn't change, the Tax Code didn't change, that is what I am saying, it is a totally even playing field, there is not one thing that prevents anyone from doing the exact same thing... There are many people that went from nothing to something... Do I need to point out the most obvious ????


Just to be clear I believe in a either a Flat Tax rate period on all income regardless if you make 1o,ooo or 10,ooo,ooo no deductions no anything..

Or zero Income Tax and only a Sales Tax for everything, the more you make the more you spend the more you spend the more you pay in taxes

Originally Posted by gugi

I don't know about this as long as it's legal it's all good argument. At the very least it is a two-edged sword.
For example the law right now says that in about a month the tax rates go up, which would mean that there is absolutely nothing wrong with those higher tax rates.

The same with the so called Obamacare - it is now legal, but that doesn't mean that everybody who hates it hates america

As far as envy goes, if that's the case, then the same must be the case when people are eyeing those cushy health and retirement benefits for the government employees - after all nobody prevents anybody to work for the government instead of for a private company, right?

This is all correct if things change they change, and the cream will rise to the top again... not sure of the point you are trying to make???