World welcomes Obama win

#151
#151
Plano Vol said:
They need to look at the regressive taxes first like sales tax on food , wheel taxes etc. Those tend to nick the low earners for a disproportionate share of disposable income
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Fair point. Tell me more. Is it just a nick, or a real hit?

B/c, correct me if I'm wrong, but if we lower the income tax on the highest income earners, we lose a huge chunk of govt. spending on things like the military (biggest chunk of the budget), infrastructure, etc. So where are we going to get the money to pay for the services we expect? food tax? car tax? like you said, doesn't that hit the low earners more?
 
#153
#153
TennNC said:
I don't know. What do you think? I know I pay more taxes than most income earners, and I'm okay with that.
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I think it's about right as it is. I'd like to see some alleviation of payroll taxes at the low end but pay for that with less government programs as opposed to adding higher marginal rates.

Above all, I'd hate to see the cap gains taxes get jacked back up.
 
#154
#154
TennNC said:
Fair point. Tell me more. Is it just a nick, or a real hit?

B/c, correct me if I'm wrong, but if we lower the income tax on the highest income earners, we lose a huge chunk of govt. spending on things like the military (biggest chunk of the budget), infrastructure, etc. So where are we going to get the money to pay for the services we expect? food tax? car tax? like you said, doesn't that hit the low earners more?
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YEA!!!!!!!!!!!

:baloon:
 
#157
#157
allvol123 said:
If you're ok with it, why does that necessarily mean others are ok with it. If there were no income taxes, you would voluntarily give this money to the government?
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If there were no income taxes, chances are high I wouldn't have as good a life as I do now. So I don't see the merits in answering your hypothetical question.
 
#160
#160
I'm starting to think IE and Volzarechamps may be the same person... their IQ certainly seems to be similar.
 
#162
#162
TennNC said:
If there were no income taxes, chances are high I wouldn't have as good a life as I do now. So I don't see the merits in answering your hypothetical question.
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ok, I'll adjust. If your rate was lowered 5 points, you'd feel the need to kick the 5 points in voluntarily? Since you are being taxed an appropriate amount now.
 
#171
#171
volsforever27 said:
Quit posting ignorant things about me then... otherwise your head out of your rectum.
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Look, go back and review this little hissy your throwing in this thread about me. Move on and send me a PM with all your complaints. I’ll be sure to file it properly.
 
#172
#172
UT IE 95 said:
Look, go back and review this little hissy your throwing in this thread about me. Move on and send me a PM with all your complaints. I’ll be sure to file it properly.
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I said I'll behave, continue to enlighten us with your posts about how ignorant conservatives are. You dig your own hole better than I ever could.
 
#174
#174
volsforever27 said:
I said I'll behave, continue to enlighten us with your posts about how ignorant conservatives are. You dig your own hole better than I ever could.
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I will give you $100 if you can show me where I have ever posted "how ignorant conservatives are".

I share many true conservative beliefs.
 
#175
#175
UT IE 95 said:
Reading this thread I find it particularly funny that the right wing posters are using tax data from the middle of GWB's reign to support a theory that Obama's tax plan is bad for America.
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I think that 2005 is the last year that they have compiled the statistics; unless you know something different.
 
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