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Why We Need Higher Taxes on the Rich


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2011 Oct 8, 10:37am   18,952 views  191 comments

by HousingWatcher   ➕follow (0)   💰tip   ignore  

I was just reading DailyKos and saw this banner ad on the website. It's a good reason why the rich should pay higher taxes:

http://pagead2.googlesyndication.com/pagead/imgad?id=CKX61rre5fuVmwEQrAIY7wEyCMfe-Yn05dvX

That's right.. $12,000 for a 2 hour plane ride from NY to Florida. $6,000 an hour!

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181   HousingWatcher   2011 Oct 18, 9:10am  

And in case nobody has noticed, we are now engaged in a 4th war in Uganda. Happy travels...

182   Bap33   2011 Oct 18, 10:32am  

where's Code Pink and when will they be at Barry's house to chant and protest and count dead soldiers?

183   bob2356   2011 Oct 19, 2:48am  

Honest Abe says

There can never be fiscal sanity until those who are the advocates of largess of the public treasury feel the pain of their advocacy. Kinda simple, isn't it?

Where is the part where all the advocates of going to war without paying for it feel the pain of their advocacy?

184   Honest Abe   2011 Oct 19, 4:52am  

Its the part where most people ignore the fact that war is supported by borrowing, inflation, taxation, or some combination of them. Liberals don't have a problem with those things.

War and empire building could not occur without continued borrowing, continued inflation, and "taxing the rich".

Do you want less war? Then demand a decrease in borrowing, eliminate inflation and lower taxes. That way the government could not afford war and empire building. Its that simple. (AKA limited, constitutional government) Ron Paul 2012.

Today's book recommendation: Surviving Civil War II - Preparing for Economic, Social and Political Collapse by Daxton Brown.

185   corntrollio   2011 Oct 19, 6:39am  

Honest Abe says

War and empire building could not occur without continued borrowing, continued inflation, and "taxing the rich".

Seems like a big flaw in your argument. The rich have a huge ability to influence government. If their taxes are going to useless wars that don't benefit them, then you can bet they'd put a stop to it.

186   bob2356   2011 Oct 19, 11:54am  

Honest Abe says

Its the part where most people ignore the fact that war is supported by borrowing, inflation, taxation, or some combination of them. Liberals don't have a problem with those things.

Seems to me a guy called Bush and a group called the neocons got us into the latest war paid by borrowing. I didn't realize that was a bunch of liberals. My error.

187   Honest Abe   2011 Oct 20, 4:09am  

Bush was then, Obama is now. Time to get your head out of your past. Continued warfare is a result of BOTH parties. If you're really interested in stopping war you need to starve the beast (aka government).

To starve the beast simply quit borrowing, stop inflating the currency, and lower taxes. Wa-laa, the beast no longer can afford to pay for war. Problem solved.

May I suggest you read and learn more of Ron Pauls philosophy. He clearly outlines these types of solutions.
Ron Paul 2012.

188   bob2356   2011 Oct 20, 5:01am  

Honest Abe says

Bush was then, Obama is now. Time to get your head out of your past. Continued warfare is a result of BOTH parties. If you're really interested in stopping war you need to starve the beast (aka government).

So if the problem is BOTH parties then why do you say

Honest Abe says

Liberals don't have a problem with those things.

Do you have a problem saying conservatives don't have a problem with those things either? Didn't someone called Reagan talk about "starving the beast" right before he borrowed 4 trillion dollars?

My point is that conservative philosophy is just as bankrupt as liberal philosophy, just a lot more hypocritical. Anyone who goes around screaming "its all the liberals fault" is just a hypocrite. Look in the mirror lately?

189   david1   2011 Oct 20, 5:18am  

bob2356 says

My point is that conservative philosophy is just as bankrupt as liberal philosophy, just a lot more hypocritical. Anyone who goes around screaming "its all the liberals fault" is just a hypocrite. Look in the mirror lately?

Ignoring idealogies, lets talk about what conservatives do when in power vs. liberals.

Conservatives increase military spending. Conservatives decrease taxes. Both contribute to the deficit.

Liberals increase spending on social programs (stimulus, Obamacare). This increases the deficit.

Neither cuts spending.

Neither increases taxes (except Clinton briefly). The last Democrat to increase taxes before Clinton was FDR.

Any questions of why we are in debt? Now, who has benefitted the most from decreased taxes?

Ask yourself - how did Obama beat Hillary, and who benefitted from it? (That was the real election in 2008, btw. Everyone knew the winner there was slaughtering whoever the Republicans put up)

Hillary might have been able to pull off raising taxes...Bubba did.

190   tatupu70   2011 Oct 20, 5:46am  

Honest Abe says

To starve the beast simply quit borrowing, stop inflating the currency, and lower taxes. Wa-laa, the beast no longer can afford to pay for war. Problem solved.

I don't get this theory. We couldn't afford the war in 2002. It didn't stop us then. Why would it be different now?

The solution to a revenue problem is not reducing revenue...

191   Vicente   2011 Oct 20, 6:19am  

tatupu70 says

The solution to a revenue problem is not reducing revenue...

It is if you are a moron who believes the solution for your obesity, is to toss all your food in the trash and force your entire family to forage.

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