[ArKay99]

You mis-titled your thread...

Republicans Hold Senate Ransom for Rich Tax Cut

Should be:

Republicans Hold Senate Ransom to prevent more tax hikes.

Can't be a cut, according to everything you have posted over the years, because you claimed that it's a "return to previous rates" which were all tax-hikes after it got above the initial rate.

:cheers:

:thumbsup:
Exactly. More appropriately the term shouldn't be 'allowing the Bush tax cuts to expire', it should be 'the Obama tax hike'...

How long have they known this was coming? 10 years?

 

[ArKay99]

Sure, but what percentage of the wealth do they hold/control? And what are the odds of a current high school student of attaining that 5% status in his lifetime?

Ask LeBron James. :laughing:

 

[ArKay99]

My point exactly. 1 out of a 50 million will make it. That's not acceptable. And James will probably never see all that money he is signed up for..

:thumbsup:
So, how about a tiered flat tax. No taxes except consumption side. If you make over $1 million per yer, you pay an additional 10% Dismantle the FED first and foremost, then go back to gold and/or silver backed tender.

 

[ArKay99]

We have quite enough taxes, no need for income taxes on people making less than $10 million. The need is a reduction in spending. Tax abuse created this country, tax abuse will bring it down.

Wait. I propose eliminating the income tax and going to a consumption tax, so even dune would pay taxes, drug dealers, welfae recipients, etc. The income tax would only come into effect if you earn say $1million or more per year.

Couple this with a real moratorium on discretionary spending coupled with an elimination of most of the government's agency's that have been set up as a tax sink, dismantle the FED, yada, yada...

The problem with the current logic is they say, "we can't give the tax cuts for the wealthy because that will add to the deficit". The real problem is, they will spend like a rabid junkie, whether the get the tax money or not. Gotta cut the head off the snake before any real defecit reform is accomplished. They just keep making the hole in the bottom of the pool bigger. At some point it becomes larger than the pool itself and swallows the whole thing... effing idjits.

 

[ArKay99]

But.. anytime you give the government a source of income they can raise as needed, they will. That's why we are in the mess we are in, the leviathan is insatiable. Give them $1, they will spend $3.

:agree: x1000. THAT is the problem. 535 running the US into the ground with their only purpose to serve special interests.
The founders never envisioned this when they gave the general public the right to redress grievance. Something must be done to limit special interest influence. As it is now, special interests run the country with little regard to the majorities benefit.

The fed has created this never ending debt situation through a practice known as fractional banking. We can never ever get ahead of it, no matter how high taxes are. That is why tax rates have constantly been adjusted and why we were took off the gold standard.

The only answer is to eliminate their source of revenue. Some people take issue with me wanting to starve the leviathan to death, but as you can see now, it's him or us.

You may have the only viable solution there, but it's not going to end well for a lot of people. Unfortunately, I don't think that will work either. The middle class will be thrust into poverty, and the will return us to serfdom. The bad actors of the world will use the opportunity to invade and take over the resources. I can't believe most people don't see this as a very real possibility. The dominoes are falling in the EU, starting from Greece...How long before they start falling here...starting with California?

 

[ArKay99]

I don't know what is funnier, this line, or the fact that there are people out there dumb enough to believe it... despite all the evidence to the contrary.. :laughing::crazy:

Don't go all Obama and try to pick a winner, just laugh at the whole concept, equally. :rolling:

What I find deplorable and especially unethical is that because of some preconcived disdain for the successful and wealthy in this country that somehow their success doesn't belong to them, a very few people, namely the left in congress is willing to put the entire economy of the US on the brink.

Sad...

 

[ArKay99]

You forgot:

goes to ** Bush/Cheney/Neocons**

:laughing: Did I somehow tug at your heartstrings? :laughing: