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Nye Bevan

(25,406 posts)
Tue Jan 1, 2013, 01:16 PM Jan 2013

Do you agree with Pres. Obama that millionaires and billionaires will be paying their "fair share"

by being taxed at 39.6% on household income over $450,000?

http://www.whitehouse.gov/the-press-office/2013/01/01/statement-president-senate-deal-extend-middle-class-tax-cuts

Tonight’s agreement does even more by asking millionaires and billionaires to begin to pay their fair share for the first time in twenty years. As promised, that increase will be immediate, and it will be permanent.



12 votes, 0 passes | Time left: Unlimited
Yes, I agree with President Obama. A 39.6% tax rate on income over $450,000 ensures that millionaires and billionaires will be paying their "fair share".
2 (17%)
No, I disagree with President Obama. The top marginal tax rate should be higher than 39.6% for millionaires and billionaires to be paying their "fair share".
7 (58%)
Other.
3 (25%)
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Disclaimer: This is an Internet poll
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Do you agree with Pres. Obama that millionaires and billionaires will be paying their "fair share" (Original Post) Nye Bevan Jan 2013 OP
Other Ohio Joe Jan 2013 #1
Spot on. appleannie1 Jan 2013 #4
Hell no. The tax raise just increases on the highest WAGE earners - NOT the truly wealthy. chimpymustgo Jan 2013 #5
Exactly. They don't make those millions on WAGES dballance Jan 2013 #6
baby steps warrior1 Jan 2013 #2
It should go back to 50% like it was under Comrade Reagan. nt onehandle Jan 2013 #3
Maybe on income. At least I'm ok with this for now. OnionPatch Jan 2013 #7
"begin to" ... "begin to" ... "begin to" gulliver Jan 2013 #8
Yes, "beginning on" January 1, 2013 (nt) Nye Bevan Jan 2013 #9
The true scum do not pay income tax. MrSlayer Jan 2013 #10
1% of this country's population controls 40% of its wealth and 1 in 5 children coalition_unwilling Jan 2013 #11
Not ..... Even ..... Close Angry Dragon Jan 2013 #12

Ohio Joe

(21,756 posts)
1. Other
Tue Jan 1, 2013, 01:21 PM
Jan 2013

I agree with President Obama that they will "begin to pay their fair share". I do not see the rich going from the party they have had these many years to where they should be in any single act. It will be a process and it is starting off in the right direction. More work to be done, no doubt but I am pleased with this beginning.

chimpymustgo

(12,774 posts)
5. Hell no. The tax raise just increases on the highest WAGE earners - NOT the truly wealthy.
Tue Jan 1, 2013, 01:26 PM
Jan 2013

Like rMoney - and the growing millionaire/billionaire class that makes money off financial schemes and overseas slave labor - money they keep overseas that remains untaxed and unaccounted for.

 

dballance

(5,756 posts)
6. Exactly. They don't make those millions on WAGES
Tue Jan 1, 2013, 01:42 PM
Jan 2013

They make it on investments and "carried interest" which I don't totally understand. The capital gains rate needs to go higher. It used to be at 28%

warrior1

(12,325 posts)
2. baby steps
Tue Jan 1, 2013, 01:22 PM
Jan 2013

But with the new congress if they want to make larger steps they need to change the filibuster rules. If not, more of the same.

OnionPatch

(6,169 posts)
7. Maybe on income. At least I'm ok with this for now.
Tue Jan 1, 2013, 01:47 PM
Jan 2013

But there are a lot of loopholes and subsidies and such that should be done away with. Capital gains taxes should be higher. The inheritance tax should be higher as well.

I know they mean taxes when they say "paying their fair share" but I also think that most of the rich should be paying their employees better, too, if our economy is to prosper. They need to nix the idea that they're entitled to cheap labor.

gulliver

(13,181 posts)
8. "begin to" ... "begin to" ... "begin to"
Tue Jan 1, 2013, 01:52 PM
Jan 2013

Ok, here is a test. Did you see words in my subject line or just six periods?

 

MrSlayer

(22,143 posts)
10. The true scum do not pay income tax.
Tue Jan 1, 2013, 02:00 PM
Jan 2013

Capital gains needs to be 30% or more if you want to make this stuff matter.

 

coalition_unwilling

(14,180 posts)
11. 1% of this country's population controls 40% of its wealth and 1 in 5 children
Tue Jan 1, 2013, 02:04 PM
Jan 2013

live in poverty. This society is marked by incredible levels of cruelty and brutality towards its most vulnerable citizens.

Dems and Rape-publi-scum are both bourgeois parties who couldn't give a flying fuck about the working class and working poor. They're both playing for the same team and that's not my team.

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