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Vox Moi

(546 posts)
Sun Nov 11, 2012, 02:44 PM Nov 2012

Let's use proper terminology in the tax debate:

- It isn't a question of taxing people, it's about taxing income.
The Bush tax cuts, restricted to Income of less than $250,000, still benefits millionaires.
- Taxes have nothing to do with 'redistribution' of wealth
Nobody's going into a rich neighborhood to steal the silverware ... taxes apply to wealth that has yet to be created.
- Millionaires are not being asked to 'pay a little bit more'
We are asking that they stop paying LESS than wage earners.
- When the distribution of income changes, the graduated tax structure should respond. That's the whole idea.
- Tax and spend is exactly what a government is supposed to do. "Borrow and waste" is the problem.

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Let's use proper terminology in the tax debate: (Original Post) Vox Moi Nov 2012 OP
agreed veganlush Nov 2012 #1
"Taxes have nothing to do with 'redistribution' of wealth" - of course they do. n/t PoliticAverse Nov 2012 #2
Let's hope so! Scuba Nov 2012 #4
And the President doesn't want to increase the rate on the wealthy MiniMe Nov 2012 #3
The wealthy benefit far more from government than do the poor ... Scuba Nov 2012 #5
Millionaires aren't paying less, just a lower percentage. hughee99 Nov 2012 #6
And the cliff is a slope not a cliff Blue4Texas Nov 2012 #7

veganlush

(2,049 posts)
1. agreed
Sun Nov 11, 2012, 02:48 PM
Nov 2012

almost everyone gets that first point wrong. EVERYONE, even billionaires, will still benefit from the proposed reform that requires higher rates on income over $250,000.00

MiniMe

(21,718 posts)
3. And the President doesn't want to increase the rate on the wealthy
Sun Nov 11, 2012, 02:56 PM
Nov 2012

He wants to let the tax breaks on them expire. He is ending the tax break, not taxing them more than that.

 

Scuba

(53,475 posts)
5. The wealthy benefit far more from government than do the poor ...
Sun Nov 11, 2012, 03:00 PM
Nov 2012

... that they should pay a LOWER rate than wage earners is obscene.

hughee99

(16,113 posts)
6. Millionaires aren't paying less, just a lower percentage.
Sun Nov 11, 2012, 03:23 PM
Nov 2012

The top 10% (those making over 112K) pay about 70% of all income taxes.

We are asking them to pay more.

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