Wealthy tax-dodger says rich should pay more taxes

[golfballs]

Geithner: 'Privilege of Being an American' Is Why Rich Need Higher Taxes | The Weekly Standard

what a clown

 

[BeecherVol]

This pretty much sums it up.

the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to

 

[milohimself]

That appointment has baffled me from day one.

 

[KentheOrange]

It's amazing. A tax cheat running the UST calling for other people to pay more taxes and a business mogul whose business owes in the neighborhood of $1 billion in back taxes wanting the wealthy to pay more taxes because his effective tax rate is higher than his secretaries.

 

[VolsNSkinsFan]

Guy is playing the game very well. You are a tax cheat, tell everyone how you are not taxed enough and your problem slowly fades away

 

[TheDeeble]

All of which does nothing to address the US financial problems. Tax them 100%. It doesn't matter.

Games for votes.

 

[milohimself]

All of which does nothing to address the US financial problems. Tax them 100%. It doesn't matter.

Games for votes.

The fact that we're debating marginal rates instead of structure is irksome.

 

[Vols520]

The fact that we're debating marginal rates instead of structure is irksome.

Thats the tactic though unfortunately. A have vs have nots mentality is ruining the country.

 

[milohimself]

Thats the tactic though unfortunately. A have vs have nots mentality is ruining the country.

I think even pointing out that mentality is disingenuous. One of the major roots of recent growth in the Republican party and the creation of "red states vs blue states" is predicated on there being a "real America" that has immense disdain for the east coast and west coast liberal elites and the media. That's no less class warfare than the 99% vs. the 1% or however you want to put it.

As long as there is stratification in society, there will be tension. It's just a fact of life.

Obama pushing progressive tax structure for the sake of progressiveness is stupid. Democrats by and large base their tax structure on populism, while Republicans by and large seem to be pro-business (as opposed to pro-free market; there is a big difference) and don't seem to be willing to address underlying structural issues.

Basically, dems go "rates on the wealthy are too low!" Republicans go "rates are too high!" and they're debating an issue that is superfluous and won't fix anything.

 

[golfballs]

I think even pointing out that mentality is disingenuous. One of the major roots of recent growth in the Republican party and the creation of "red states vs blue states" is predicated on there being a "real America" that has immense disdain for the east coast and west coast liberal elites and the media. That's no less class warfare than the 99% vs. the 1% or however you want to put it.

As long as there is stratification in society, there will be tension. It's just a fact of life.

Obama pushing progressive tax structure for the sake of progressiveness is stupid. Democrats by and large base their tax structure on populism, while Republicans by and large seem to be pro-business (as opposed to pro-free market; there is a big difference) and don't seem to be willing to address underlying structural issues.

Basically, dems go "rates on the wealthy are too low!" Republicans go "rates are too high!" and they're debating an issue that is superfluous and won't fix anything.

And neither party is worth a ****. Not a good state of affairs

 

[RespectTradition]

The part that is so funny to me is that we had 236,883 make over 1 million in 2009 (most recent I found) for a total of $726,910,879,000.

Even if the government confiscated every dime these millionaires made, then it would only cover half the deficit.

People not paying enough is not the problem.

(stats from SOI Tax Stats - Individual Statistical Tables by Size of Adjusted Gross Income )