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Ton Chou 
LSU Fan
On the Levee
Member since Feb 2010
228 posts
| "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 7:59 pm)
This is coming from a solidly conservative republican who watches fox, listens to Rush etc. Asking whether or not taxes should be raised on the rich is like asking whether we should let the fox stay in the hen house if we charged him more. The focus shoud be more on income inequality. A lot of people (the Rush's, Fox's included) act as if everyone in the top 20% pulled their selves out of poverty by the boot straps and through blood, sweat and tears, rightiously earns income that is perfectly in line with their output and that is simply not the case.
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kingbob
LSU Fan
St. Amant, LA
Member since Nov 2010
9215 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 8:01 pm to Ton Chou)
most of them did. 90% of millionaires are only millionaires for 1 year.
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Libertariantiger
LSU Fan
Member since Nov 2012
127 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 9:21 pm to Ton Chou)
First, this sounds a bit like I'm a conservative so people don't throw tomatoes at you.
That being said, in general, the bottom 50% make around 2% of wealth and pay 0% of taxes. The top 10% makes somewhere around 40% and pay close to 90%. One could argue that the poor are taxed close to the right amount and the rich are over taxed. That is my general retort to the fairness argument.
So, if the bottom pays close to the right amount and the top pays too much, U SPEND TOO MUCH MONEY!
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dominustd
LSU Fan
La.
Member since Oct 2012
1093 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 9:24 pm to Libertariantiger)
quote:
That being said, in general, the bottom 50% make around 2% of wealth and pay 0% of taxes.
I'm a staunch conservative and that is not true.
I hate bs from ANYBODY!
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Roaad
LSU Fan
Bushrod Owns
Member since Aug 2006
50724 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 9:25 pm to Ton Chou)
quote:
who watches fox, listens to Rush
with credentials like that. . .
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Bestbank Tiger 
Tulane Fan
Landmass Gulf Coast
Member since Jan 2005
16035 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 9:37 pm to Ton Chou)
quote:
income inequality.
Decreased under Bushhitlerburton. Increased under Ogump.
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GreatLakesTiger24
LSU Fan
ignore username, i hate the north
Member since May 2012
7773 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 9:38 pm to Ton Chou)
quote:
watches fox, listens to Rush etc.
why?
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Libertariantiger
LSU Fan
Member since Nov 2012
127 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 9:57 pm to Ton Chou)
LINK
This is from the Heritage foundation. I believe Hannity likes to quote these figures. I was wrong about how much the top ten percent pay, it is about 70% of all taxes. This is IRS data. Data! Not I believe, data. These numbers are often given from both sides to support their arguments. We spend TOO much money. We don't have major revenue problems past a weak economy with not enough jobs.
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HailHailtoMichigan! 
Michigan Fan
Mission Viejo, CA
Member since Mar 2012
5176 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 10:08 pm to Ton Chou)
quote:
The focus shoud be more on income inequality.
A rising tide lifts all boats
- John F. Kennedy.
The focus should not be on the gap, but on the economic opportunities each person has.
The gap is largely symbolic in nature and doesn't amount to much.
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Libertariantiger
LSU Fan
Member since Nov 2012
127 posts
| re: "Should we raise taxes" is the wrong question on both sides. (Posted on 11/13/12 at 10:35 pm to HailHailtoMichigan!)
To be clear I speak of income tax, which is what I figure we are talking about. The chart includes all income including cap gains, but not payroll taxes. Poor people do pay those.
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