Why do conservatives hate the poor?
Heisenberg
2012/07/10 20:41:53
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Question Closed
Top Opinion
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Laura Lovegood 2012/07/10 21:14:50
Just Sayin'
:o)~
http://www.slate.com/articles...
"In short, it is not that they are not paying their taxes. It is that the country’s tax structure lets them off the hook. Indeed, you can draw a straight line between the Bush tax cuts and the growing number of households exempted from income tax. For instance, the 2001 cuts, extended under the Obama administration, doubled the child tax credit from $500 to $1,000 and expanded eligibility for the Earned Income Tax Credit among married taxpayers. Additionally, the Bush tax cuts lowered income taxes in every bracket, making it easier for a household’s liability to get fully offset by deductions and credits. And on top of all that, the stimulus bill introduced a host of further tax cuts."
As Herman Cain said, "Blame yourself." Kidding.
If your concern is that people aren't paying taxes, shouldn't you have the same concern for corporations who aren't paying taxes or are paying much less taxes than they should like GE and Exxon? Half of our court costs in this country are directly related to corporations who are responsible for less than 10% of our tax base...
http://www.slate.com/articles...
"In short, it is not that they are not paying their taxes. It is that the country’s tax structure lets them off the hook. Indeed, you can draw a straight line between the Bush tax cuts and the growing number of households exempted from income tax. For instance, the 2001 cuts, extended under the Obama administration, doubled the child tax credit from $500 to $1,000 and expanded eligibility for the Earned Income Tax Credit among married taxpayers. Additionally, the Bush tax cuts lowered income taxes in every bracket, making it easier for a household’s liability to get fully offset by deductions and credits. And on top of all that, the stimulus bill introduced a host of further tax cuts."
As Herman Cain said, "Blame yourself." Kidding.
If your concern is that people aren't paying taxes, shouldn't you have the same concern for corporations who aren't paying taxes or are paying much less taxes than they should like GE and Exxon? Half of our court costs in this country are directly related to corporations who are responsible for less than 10% of our tax base. The same corporations are holding more than $2 trillion dollars off shore because they don't want to get taxed on it. They've taken their Bush tax cuts and shipped them off shore and now want more tax breaks to bring the money back. However, they have not kept up their part of the bargain with the Bush tax cuts which was to create jobs with the extra money.
My point is the people who are not paying taxes use less of these services than wealthy people and big corporations.
Here's a question I haven't looked up yet. How much would we bring in if we closed the loop holes for the poor people? And another question is, how much would we bring in if we closed all corporate tax loop holes and lowered the corporate tax rate to something like 18 or 20%?
Just because YOU do doesn't mean anyone else does.
Aha! Nothing like blocking people because you don't want to argue. I'll be sure to slice through both those cinder blocks with my katana.