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Samuel L Jackson
Bad Motherfucker


Registered: 12/10/09
Posts: 8,395
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: badchad]
#14289951 - 04/14/11 12:57 PM (12 years, 10 months ago) |
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Quote:
badchad said: I wonder how they define "wealthy".
Right now, taxing someone 33% because they make 160k is ludicrous.
if that happens i am moving out of the US as soon as i finish my degree. fuck that nonsense.
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badchad
Mad Scientist

Registered: 03/02/05 
Posts: 13,374
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: Prisoner#1]
#14289995 - 04/14/11 01:09 PM (12 years, 10 months ago) |
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Wiki says 10% of the population owns 71% of the wealth.
Bloated Michael Moore says that 400 americans own 50% of the wealth.
These are the people that need taxing, not the working class that make 200k/year. There's a big difference between Donald Trump and the guy that owns a successful family business, or a surgeon.
-------------------- ...the whole experience is (and is as) a profound piece of knowledge. It is an indellible experience; it is forever known. I have known myself in a way I doubt I would have ever occurred except as it did. Smith, P. Bull. Menninger Clinic (1959) 23:20-27; p. 27. ...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely. Osmond, H. Annals, NY Acad Science (1957) 66:418-434; p.436
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badchad
Mad Scientist

Registered: 03/02/05 
Posts: 13,374
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: Samuel L Jackson]
#14290016 - 04/14/11 01:13 PM (12 years, 10 months ago) |
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Quote:
SamuelLJackson said: Right now, taxing someone 33% because they make 160k is ludicrous.
if that happens i am moving out of the US as soon as i finish my degree. fuck that nonsense.
Ummm, did you forget to file this year? For an individual, the 33% bracket begins at about 170k.
-------------------- ...the whole experience is (and is as) a profound piece of knowledge. It is an indellible experience; it is forever known. I have known myself in a way I doubt I would have ever occurred except as it did. Smith, P. Bull. Menninger Clinic (1959) 23:20-27; p. 27. ...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely. Osmond, H. Annals, NY Acad Science (1957) 66:418-434; p.436
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Anthony917
why dont we do it in the road



Registered: 05/14/09
Posts: 3,243
Loc: Earth
Last seen: 12 years, 3 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: MisterMuscaria]
#14290027 - 04/14/11 01:15 PM (12 years, 10 months ago) |
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Quote:
MisterMuscaria said: legalize cannabis, eliminate taxes, cut all government spending
+5 shrooms for you
-------------------- Prisoner#1 said: I got my ass kicked by a 9yo when I was 17 Trippin? Click Me
What is life? I'm tired of life...
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Anthony917
why dont we do it in the road



Registered: 05/14/09
Posts: 3,243
Loc: Earth
Last seen: 12 years, 3 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: Coaster] 1
#14290054 - 04/14/11 01:20 PM (12 years, 10 months ago) |
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Quote:
Coaster said: ya like dont learn how to use the internet or ur cell phone b/c eventually babylon will fall
o ya and dont use ur gas burners to make food either
that will become obsolete
dude what he's saying is that we teach our kids a lot of USELESS shit that is completely unnecessary.
I think the public school system is complete FAIL!!! They have to teach to the standards of the dumbest kid in class. All throughout public school I had to deal with partners on projects who were fucking idiots, and brought me down, too.
What needs to happen is we need to cut the entitlement programs. Welfare, social security, medicaid, etc...this is where the REAL $$ is. Perhaps cut some from the budget defense, but that is an incredibly important part of govt.
-------------------- Prisoner#1 said: I got my ass kicked by a 9yo when I was 17 Trippin? Click Me
What is life? I'm tired of life...
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Coaster
Baʿal



Registered: 05/22/06
Posts: 33,501
Loc: Deep in the Valley
Last seen: 12 years, 4 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: Anthony917]
#14290065 - 04/14/11 01:23 PM (12 years, 10 months ago) |
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everything is useless
everything makes you who u r tho
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: Coaster] 1
#14290128 - 04/14/11 01:36 PM (12 years, 10 months ago) |
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Coaster said: and Obama aims to change the burden onto the rich
Of course he does. That has ever been the Dem agenda. Unfortunately it won't come anywhere close to paying for his deficit spending.
http://blogs.wsj.com/wealth/2011/04/11/can-taxing-the-rich-erase-the-deficit/
Quote:
An insightful reader post on Megan McArdle’s blog on the Atlantic uses IRS data to figure out how much money the government would raise by taxing certain wealth levels. He says a 45% rate on incomes of more than $1 million would generate $31 billion, while an even more progressive tax, with rates of 50%, 60%, 70% on incomes of $500,000, $5 million, $10 million respectively would generate an added $133 billion.
That is roughly 10% of the current annual budget deficit.
“My point is just that I don’t see how deficits this large can be closed with income taxes on the rich, even at marginal rates far higher than anything we’ve seen in the post-1986 era,” the reader says.
And rich people can always move and shift their income, which would reduce the amount of tax revenue raised.
Do you think there is any way that taxing the rich would solve the deficit?
The US already relies more heavily on the top 10% than even socialist idiots in Europe.
http://dailycaller.com/2011/04/14/does-obama-want-to-push-us-tax-policy-to-the-left-of-sweden/
Quote:
The top 10 percent of income-earners in the U.S. and Sweden earned one quarter of national income, yet rich Americans paid 45 percent of all income taxes, while rich Swedes paid only 26.6 percent of taxes. In Finland and Holland, the wealthy paid 32 percent and 35 percent of taxes, according to a study of tax-data collected by the Organization for Economic Cooperation and Development. a Paris-based organization of 34 governments.
The comparison was prepared by Scott Hodge, president of the D.C. based Tax Foundation.
Liberal groups counter with studies that account for federal income and payroll taxes, as well as state and local property and sales taxes. But even those studies show an enormous skew. In 2009, according to an April study by Citizens for Tax Justice, the top 10 percent of earners paid 40 percent of all taxes after earning 35 percent of all income. The lowest 60 percent of earners paid 17 percent of all taxes, after earning 22 percent of all income.
I'm sure everybody loves getting Pell Grants. I'm not sure everybody loves being forced to pay for them. "Gimme a dollar, sucka."
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Anthony917
why dont we do it in the road



Registered: 05/14/09
Posts: 3,243
Loc: Earth
Last seen: 12 years, 3 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: zappaisgod]
#14290140 - 04/14/11 01:40 PM (12 years, 10 months ago) |
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I fucking hate this government. They tax & spend & tax & spend & tax & spend & tax & spend....
WHEN WILL THEY REALIZE THEY CAN'T TAX THEIR WAY OUT OF THIS?!?!?!
You HAVE to CUT spending. If the government was a business, they would be bankrupt and non-existent. They spend billions more than they take in. The problem is not a revenue problem, it's a spending problem.
-------------------- Prisoner#1 said: I got my ass kicked by a 9yo when I was 17 Trippin? Click Me
What is life? I'm tired of life...
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pwnasaurus
Stranger



Registered: 07/16/08
Posts: 12,317
Loc: Canada
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: MisterMuscaria]
#14290150 - 04/14/11 01:41 PM (12 years, 10 months ago) |
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MisterMuscaria said: Any babysitter could teach you to read most likely. As for the pythagorean theorum when are you ever going to be using that in normal day to day life?
What kids should be learning is basic survival skills, cooking, hunting, foraging, gardening, shelter building, etc, not algebra and art history. This is why the kids in western society are behind kids in India who are cooking for themselves at the age of 6.
Lmao dude you are seriously in some world of your own.
Have you ever built anything? If you want to a build a strong structure with a cross beam for support, what formula are you going to use?
All your posts in this thread are hilariously ridiculous. The skills we have been learning to advance as a society to where we are right now are all SPECIALIZED. Not eveyrone can know how to kill a rabbit, skin it, and cook, and do things they find fun, while still learning a specialized skill that they can use so that society can take advantage of economies of scale to raise the quality of life for everyone.
No, society isn't perfect, and no, the government doesn't spend money very wisely, but the solution is not to 'cut all taxes and eliminate government spending'.
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Anthony917
why dont we do it in the road



Registered: 05/14/09
Posts: 3,243
Loc: Earth
Last seen: 12 years, 3 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: pwnasaurus]
#14290164 - 04/14/11 01:43 PM (12 years, 10 months ago) |
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uhh we need to cut a LOT of taxes and greatly reduce government spending. If we don't the U.S is destined to fail.
-------------------- Prisoner#1 said: I got my ass kicked by a 9yo when I was 17 Trippin? Click Me
What is life? I'm tired of life...
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dummy
I am you and what I see is me


Registered: 09/29/08
Posts: 3,973
Last seen: 1 year, 9 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: Anthony917]
#14290171 - 04/14/11 01:45 PM (12 years, 10 months ago) |
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if you hate this government, why not leave?
-------------------- People never seem to know what they least suspect is coming next.
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MisterMuscaria



Registered: 05/13/08
Posts: 27,646
Loc:
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: pwnasaurus]
#14290175 - 04/14/11 01:45 PM (12 years, 10 months ago) |
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The solution is to eliminate government and promote self reliance.
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Anthony917
why dont we do it in the road



Registered: 05/14/09
Posts: 3,243
Loc: Earth
Last seen: 12 years, 3 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: dummy]
#14290187 - 04/14/11 01:48 PM (12 years, 10 months ago) |
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A- Right, like it's easy to just move out of the country...
B- I hate it, but ATM it's the best place to live on Earth.
That argument always pisses me off. "You don't like it?? Well you can just GETT OUTT!" Lets be real here. How much $$ do you think it would take to completely uproot and move out of the fucking country????
Also, where would you go? The only places that border the U.S are Canada and Mexico. Obviously Mexico is not a reasonable option, and fuck Canada. So now you're looking at what...moving to Europe? Where they tax their people even more than we do in the states!
The world is fucked up
-------------------- Prisoner#1 said: I got my ass kicked by a 9yo when I was 17 Trippin? Click Me
What is life? I'm tired of life...
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CarnivalBarker
wizard


Registered: 04/19/10
Posts: 2,668
Last seen: 11 years, 3 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: MisterMuscaria]
#14290232 - 04/14/11 01:56 PM (12 years, 10 months ago) |
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Quote:
MisterMuscaria said: Any babysitter could teach you to read most likely. As for the pythagorean theorum when are you ever going to be using that in normal day to day life?
What kids should be learning is basic survival skills, cooking, hunting, foraging, gardening, shelter building, etc, not algebra and art history. This is why the kids in western society are behind kids in India who are cooking for themselves at the age of 6.

Oh man.
If you want that, you can join the boy scouts.
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dummy
I am you and what I see is me


Registered: 09/29/08
Posts: 3,973
Last seen: 1 year, 9 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: Anthony917]
#14290256 - 04/14/11 02:00 PM (12 years, 10 months ago) |
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Anthony917 said: A- Right, like it's easy to just move out of the country...
B- I hate it, but ATM it's the best place to live on Earth.
That argument always pisses me off. "You don't like it?? Well you can just GETT OUTT!" Lets be real here. How much $$ do you think it would take to completely uproot and move out of the fucking country????
Also, where would you go? The only places that border the U.S are Canada and Mexico. Obviously Mexico is not a reasonable option, and fuck Canada. So now you're looking at what...moving to Europe? Where they tax their people even more than we do in the states!
The world is fucked up
you sound like a picky american that would do something like bitch about the most successful government on the planet. just sayin you should try living in the third world for a while, then come back and see how much you hate the goverment. mexico is just a walk to the south.
-------------------- People never seem to know what they least suspect is coming next.
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xwk
Stranger



Registered: 04/29/10
Posts: 41
Last seen: 12 years, 10 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: CarnivalBarker]
#14290259 - 04/14/11 02:01 PM (12 years, 10 months ago) |
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i think the wealthy have needed higher taxes for a long time. but that's just my opinion, i know a lot of people disagree. 200k< sounds fine to me. if i made that much i'd have no problem giving some of it up. i'd feel like robin hood. lol.
i also read a really cool article ( http://www.newsweek.com/2011/04/10/america-s-national-suicide.html ) about how people come from other countries to study in america. they find american jobs and want to work, but their visas get held up in the system for YEARS. i think it's intentionally happening, its like we're sabotaging our future. the article even mentions how microsoft moved to canada to avoid this problem. american compulsory education has a lot of issues, but when it comes to college education we're definitely okay.
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i tried making sense of it, and then i realized i should be trying to make sense as to why i was even trying to make sense
Edited by xwk (04/14/11 02:01 PM)
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MisterMuscaria



Registered: 05/13/08
Posts: 27,646
Loc:
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: CarnivalBarker]
#14290260 - 04/14/11 02:01 PM (12 years, 10 months ago) |
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I was in the boy scouts as a kid and I think its a good organization.
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dummy
I am you and what I see is me


Registered: 09/29/08
Posts: 3,973
Last seen: 1 year, 9 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: xwk] 1
#14290267 - 04/14/11 02:03 PM (12 years, 10 months ago) |
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if i was that rich i wouldn't mind getting taxed something crazy like 30% if i knew my money was going to benefit the country. imo well fare for lifers are not a good investment, neither is redundant beauacracy, neither is $350 million bombing of brown people, neither is the war on bullshitdrugs.
-------------------- People never seem to know what they least suspect is coming next.
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Anthony917
why dont we do it in the road



Registered: 05/14/09
Posts: 3,243
Loc: Earth
Last seen: 12 years, 3 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: dummy]
#14290296 - 04/14/11 02:08 PM (12 years, 10 months ago) |
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Quote:
dummy said:
Quote:
Anthony917 said: A- Right, like it's easy to just move out of the country...
B- I hate it, but ATM it's the best place to live on Earth.
That argument always pisses me off. "You don't like it?? Well you can just GETT OUTT!" Lets be real here. How much $$ do you think it would take to completely uproot and move out of the fucking country????
Also, where would you go? The only places that border the U.S are Canada and Mexico. Obviously Mexico is not a reasonable option, and fuck Canada. So now you're looking at what...moving to Europe? Where they tax their people even more than we do in the states!
The world is fucked up
you sound like a picky american that would do something like bitch about the most successful government on the planet. just sayin you should try living in the third world for a while, then come back and see how much you hate the goverment. mexico is just a walk to the south.
dude im sorry but fuck you. I'm not being picky. Our government is on a completely destructive path. We are spending money we do not have. We're driving up our national debt by TRILLIONS OF DOLLARS! This is money that me, and you and OUR generation is going to have to pay back. This is a government that believes in taxing it's most successful citizens OUTRAGEOUS amounts. This is a government that DISCOURAGES creating wealth. This is a horrible, destructive government and you're god damn right I'm complaining about it.
That's why I live in the U.S, so I don't have to deal with the rest of the shit-hole that is the 3rd world. I don't want to see our country become part of the 3rd world and when we owe china 2348923 trillion dollars....well, you can see the path we're headed down.
Unless something changes our country is in danger of crumbling, and that's the truth.
Quote:
dummy said: if i was that rich i wouldn't mind getting taxed something crazy like 30% if i knew my money was going to benefit the country. imo well fare for lifers are not a good investment, neither is redundant beauacracy, neither is $350 million bombing of brown people, neither is the war on bullshitdrugs.

You actually pay more like %50 of your income in taxes. You're only looking at federal income tax, which is %35 on the rich. Then you have property tax, social security tax, sales tax...tax tax tax tax tax. What happens when you're rich is you create wealth. How? You start a business, and you employ people, and then you get taxed EVEN MORE. That's what I'm saying, the government DISCOURAGES the creation of wealth.
Why would I want to make 250k+?? The more I make the more they take. WHY?! So they can spend it on BULLSHIT WASTEFUL GOVERNMENT PROGRAMS. Ugh...
-------------------- Prisoner#1 said: I got my ass kicked by a 9yo when I was 17 Trippin? Click Me
What is life? I'm tired of life...
Edited by Anthony917 (04/14/11 02:12 PM)
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dummy
I am you and what I see is me


Registered: 09/29/08
Posts: 3,973
Last seen: 1 year, 9 months
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Re: Obama Plans On Slashing $4,000,000,000,000 Out Of The Budget [Re: Anthony917]
#14290327 - 04/14/11 02:12 PM (12 years, 10 months ago) |
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yeah.... no shit. it's common knowledge. but for some reason you're still here. you're only saying 'fuck you' because you're scared to face your own hypocrisy. everyone's been there.
-------------------- People never seem to know what they least suspect is coming next.
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