Obama Pushing for Tax Hike on Top Earners: If You Make $250K+ a Year, Should You Have to Pay More?
Chris D
2012/07/09 16:00:00
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Politicians love to raise taxes -- and it's not just the Democrats! Do you think that those who are successful and achieve greater income should have to pay a disproportionally greater share of the tax burden?
FOXNEWS.COM reports:

FOXNEWS.COM reports:
President Obama, amid charges of waging class warfare, is expected to push Monday for a tax hike on families earning more than $250,000 -- and an extension of the Bush-era tax rates for families making less than that.

Read More: http://www.foxnews.com/politics/2012/07/09/obama-t...
Top Opinion
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Rusty Shackleford 2012/07/09 16:13:16No






















i think all salarys under $50,000 should not be taxed at all, right now the working poor pay a bigger % of their low salarys than the wealthy, and the very wealthy whose income is non earned ie stocks and bonds pay even less % wise then the man digging a ditch
or the multi milllionare farmes who get paid NOT TO GROW CROPS AND GET PAID WHEN THEIR CROPS DONT SELL FOR THE PRICE THEY WANT!!!!
Increasing the taxes on these people, who are not really the "rich," but are the ones who are out there risking everything to create jobs for the rest of us, is stupid, ignorant and further erodes the economic health of the economy.
Social Security is an institution of socialized government set into place as part of the New Deal by President Roosevelt so that the elderly wouldn't fall into extreme poverty, Medicare, Medicaid & the recent generalized socialization of medicine with the passage of the ACA is the latest aspect of our society becoming increasingly socialized. Face it, you live in a reasonably successful model of socialized government. If you didn't ever recognize it, it's because nobody ever explicitly pointed it out to you before. Socialism is not Communism, & Libertarians are the ones who claim that libertarianism can't fail, only those who don't implement it properly. Marxism, Communism, Libertarianism, these are the forms of government that will never be successful because of the element of human selfishness & greed.
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Social Security is an institution of socialized government set into place as part of the New Deal by President Roosevelt so that the elderly wouldn't fall into extreme poverty, Medicare, Medicaid & the recent generalized socialization of medicine with the passage of the ACA is the latest aspect of our society becoming increasingly socialized. Face it, you live in a reasonably successful model of socialized government. If you didn't ever recognize it, it's because nobody ever explicitly pointed it out to you before. Socialism is not Communism, & Libertarians are the ones who claim that libertarianism can't fail, only those who don't implement it properly. Marxism, Communism, Libertarianism, these are the forms of government that will never be successful because of the element of human selfishness & greed.
If we have an increasingly unstable society due to elements such as the labor market contributing to this state of affairs, then we need to be able to take care of the weakest of us, the elderly, the children, the disabled, & especially the veterans because they have served their country. This is an idea that is Christianity in action, yet I see conservatives & Republicans eschewing these kinds of beliefs in favor of a society where everyone is left to fend for themselves, an idea that is in direct contradiction to the phrase in the preamble to the Constitution to "promote the general welfare" in this country.
This is a liberal country, the majority of people approve of liberal ideas whether they know them to be liberal or not. We are not a center-right country despite all the rending of garments, caterwauling, & pearl-clutching by the rightwing that we are. The loudness of your rhetoric has, in no way, any relevance to the correctness of your positions.
The wealthy parking their money in offshore accounts is merely tax avoidance because of a mentality of greed, nothing else. The wealthy in this country don't work any harder than you do, or are any smarter than you or I, they are only luckier than you or I. Luck shouldn't determine who gets ahead in America, it runs counter to the American Dream that with hard work & initiative, anyone can get ahead & make a life for themselves.
I disagree with your contention that businesses are leaving in droves, we still have the greatest job engines around in both Northern & Southern California in the electronics, aer...&
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The wealthy parking their money in offshore accounts is merely tax avoidance because of a mentality of greed, nothing else. The wealthy in this country don't work any harder than you do, or are any smarter than you or I, they are only luckier than you or I. Luck shouldn't determine who gets ahead in America, it runs counter to the American Dream that with hard work & initiative, anyone can get ahead & make a life for themselves.
I disagree with your contention that businesses are leaving in droves, we still have the greatest job engines around in both Northern & Southern California in the electronics, aerospace/defense, commercial aerospace, medical electronics, & many other science industries as well as the entertainment juggernauts.
You know I live in California, which is true, but I grew up in Nebraska, where unemployment was double-digits during the administration of Ronald Reagan for many years, & they had more republicans in office than democrats statewide, so that argument doesn't carry. Secondly, the stats in Texas are manipulated, for all states, job creation in Massachusetts actually outpaced that of Texas from 2008-2010. While over 126,000 net jobs were created in Texas over the last 2-1/2 years the labor force expanded by over 437,000, meaning that overall Texas has added unemployed workers at a rate much faster than it has created jobs. The fact is Texas has done worse than the rest of the country since the peak of national unemployment in October 2009. The unemployment rate in Texas has been steadily increasing throughout the recession, and went from 7.7 to 8.2 percent while the state was supposedly creating 40 percent of all the new jobs in the U.S. I'll take the gubenatorial management skills of Jerry Brown over those of Rick Perry anyday.
Here's what the right wing doesn't get: There is one way - and ONLY one way - out of the mess they have made of our economic infrastructure during the past thirty years, and it will involve taxes - decades of SERIOUS taxation.
What class of people has the responsibility for bearing the burden? The poor? The working class? The middle class? The upper middle class even? How 'bout the plutocracy? Now there's a novel idea, huh?
Am I waging class warfare here? You'd better believe it, Buster. And I ain't takin' no prisoners, baby!
http://www.tomdegan.blogspot.com
Tom Degan