"The wealthy need to pay their share of taxes"...huh?

[mgeoffriau]

So it'd be better if we all just wanted whatever tax system benefited us personally? Isn't that how we got in the current mess?

[XD 9 Loaded Sub-Compact]

Originally Posted by jkswiss

I wasn't aware that this forum was populated by the top 10% of earners in our country.

Originally Posted by kannibul

Exactly, most of the people on here, I would again would wager, would see a reduction in their taxable income, should taxes be adjusted more towards those who have more, pay more...

Originally Posted by Etta Place

I agree. It's ideological rigidity that runs many people on this forum.

While it's apparent that this forum is not populated with the top 10% of our earners in this country, if you start taxing them even more (and they are paying taxes that is over what lower tax brackets earn in a year). If you start taking more money from them then they are just going to take thier money else ware. It's the same principle of why outsourcing is at an all time high, buisness owners follow one simple rule, go where the money is not stay where the profits are low. This would translate into where they reinvest thier money so as not to get taxed on it heavier and they move even more money over seas, swiss bank accounts are one thing that come to mind. That would hurt our american banks and all that money wouldn't be taxed when it earns intrest because it would be virtually impossible to make them report it. If our banks our hurting then the rest of us get to make up for it. (Take a look at how they are trying to make up defaulted loans through thier credit cards)

[FLSTFI Dave]

Originally Posted by mgeoffriau

So it'd be better if we all just wanted whatever tax system benefited us personally? Isn't that how we got in the current mess?

Yes, the people who are being taken from resent it, and the people who it is being given two, well it just makes them want more.

[FLSTFI Dave]

Originally Posted by XD 9 Loaded Sub-Compact

While it's apparent that this forum is not populated with the top 10% of our earners in this country, if you start taxing them even more (and they are paying taxes that is over what lower tax brackets earn in a year). If you start taking more money from them then they are just going to take thier money else ware. It's the same principle of why outsourcing is at an all time high, buisness owners follow one simple rule, go where the money is not stay where the profits are low. This would translate into where they reinvest thier money so as not to get taxed on it heavier and they move even more money over seas, swiss bank accounts are one thing that come to mind. That would hurt our american banks and all that money wouldn't be taxed when it earns intrest because it would be virtually impossible to make them report it. If our banks our hurting then the rest of us get to make up for it. (Take a look at how they are trying to make up defaulted loans through thier credit cards)

I agree with your post, but it is not just the top 10% this applies to.

A friend of mine, started and owned a business in MI. He makes around 140K a year, and employs 15 people. He works an average of 65 hours a week. Gramholm raised business taxes so much, and fees so much that in two years it lowered his income 40K a year. So he moved his business 20 miles south of the MI border. 15 people in MI lost there job, because they did not want to move 100 miles from where their job was.

Many small businesses do the same thing, leave when the owner can not make a reasonable living for the hours they have to work to be a successful business.

Many of your 100K to 200K a year business owners provide jobs, tax them to death, and they no longer provide jobs.

[XD 9 Loaded Sub-Compact]

Originally Posted by FLSTFI Dave

I agree with your post, but it is not just the top 10% this applies to.

A friend of mine, started and owned a business in MI. He makes around 140K a year, and employs 15 people. He works an average of 65 hours a week. Gramholm raised business taxes so much, and fees so much that in two years it lowered his income 40K a year. So he moved his business 20 miles south of the MI border. 15 people in MI lost there job, because they did not want to move 100 miles from where their job was.

Many small businesses do the same thing, leave when the owner can not make a reasonable living for the hours they have to work to be a successful business.

Many of your 100K to 200K a year business owners provide jobs, tax them to death, and they no longer provide jobs.

Excellent point that I actually ment to include in the previous post but got distracted midway through typing it and forgot. The new tax plans that both obama and hillary have in store would tax small buisness owners out of buisness thus creating more reasons for even more people to depend on them to take from the oppresive rich.

[XDConvert9mm]

Originally Posted by Etta Place

I agree. It's ideological rigidity that runs many people on this forum.

You are, I hope, including yourself in this group. Right?

[Brickboy240]

I am waiting for a good explaination on how a carbon tax is beneficial, good for our economy or good for the country or even the earth in general. Then..maybe I'll take you seriously.

Call it idealogical rigidity all you want, but if there is some sort of huge advantage to more of whats giving us expensive gas, food and just about killing our economy as we know it (green legislation) than you owe it to us to explain the benefits.

Remember, I am a public school educated, closed minded red-stater that is clinging to myr guns...enlighten me please. I cannot get there from here on my own.

- Brickboy240

[akhimark]

Originally Posted by Brickboy240

I am waiting for a good explaination on how a carbon tax is beneficial, good for our economy or good for the country or even the earth in general. Then..maybe I'll take you seriously.

Call it idealogical rigidity all you want, but if there is some sort of huge advantage to more of whats giving us expensive gas, food and just about killing our economy as we know it (green legislation) than you owe it to us to explain the benefits.

Remember, I am a public school educated, closed minded red-stater that is clinging to myr guns...enlighten me please. I cannot get there from here on my own.

- Brickboy240

Sorry to hear about your gubment skool upbringing. I too, suffer from that affliction. I am afraid you are letting logic get in the way of your feelings and the global warming/climate change hype. You need to let go of that pesky logic thing and embrace the cause of the day. Don't let facts get in the way. You will feel so much better about these ruinous schemes if you allow your feelings to dominate. Logic must be eliminated if we are to achieve utopia!

[Brickboy240]

Yeah, thats right...to hell with tangible results or how wrecked our economy gets...we're doing something about climate change....right?

Wait...so ethanol and other biofuels are NOT cleaning the air or reducing the warming? They're to blame for why it costs so much to fill my car and buy milk?

Oh well...we're showing that we care and thats more important than results or trying to right that pesky old economy. We care and are doing SOMETHING and they do not care!

You're right...having this mindset is the easy way out. Facing reality and logic is just too damned hard and might hurt someone's feelings. Besides...it requires work and who wants to do that?

LOL

- brickboy240

[XDConvert9mm]

Originally Posted by Brickboy240

I am waiting for a good explaination on how a carbon tax is beneficial, good for our economy or good for the country or even the earth in general. Then..maybe I'll take you seriously.

Call it idealogical rigidity all you want, but if there is some sort of huge advantage to more of whats giving us expensive gas, food and just about killing our economy as we know it (green legislation) than you owe it to us to explain the benefits.

Remember, I am a public school educated, closed minded red-stater that is clinging to myr guns...enlighten me please. I cannot get there from here on my own.

- Brickboy240

Well, on the upside it will create a new trading market for Wall Street to gorge on and bubble up until it pops.

All this carbon tax would really do, IMO, is deflect the problem again to future generations. It wouldn't matter how much you dump into the atmosphere as long as you put your money in the green hat I guess.