Posted on 11/17/2012 4:56:15 PM PST by moneyrunner
The fellow certainly likes to name-drop, so it's no surprise that he drops the names of Sweden, Norway and Denmark (all of them constitutional monarchies, by the way.)
Note that we're not invited to look under the hood, for:
Ummm I’m not disagreeing with you. I lived in VA for a little over a year and agree with your view on the Pilot btw. Someone asked how long $400b would last and you corrected me. I was replying to your correction.
only those living within the United States
the mentally handicapped should never be allowed to even discuss tax proposals
“However, I have little faith that the GOP court eunuchs will do nothing but give the Emperor what he wants.”
I suspect that on the upcoming tax “compromise” bill we will find out which Republicans have thick FBI files and which are not vulnerable to persuasion due to their moral lapses.
Perhaps its time to cut the pay of the part time politicians and set term limits. Don’t guess that’ll ever happen so I’m out of Ideas.
How about a excessive earnings tax on Federal elected and senior appointed officials equal to 75 percent of all income above their base pay as a Federal employee or officer? They are receiving pay from the people to do the people's work, and that amount keeps rising so as to keep up with inflaction.
How about a 30 percent tax on campaign donations?
I believe $400 billion pays the annual interest on the national debt or close to it.
If you REALLY wanted to cause a financial collapse, raise capital gains taxes.
It would stick it to old Warren real good, but everyone else would suffer.
You just hit the nail directly on the head. Among Dingle Barry’s many tax proposals for fairness is the increase on dividends from 15% to 43%-—this applies to all dividends not just stocks and bonds.
People are not thinking creatively enough. My proposal would tax capital gains, dividend income and other tax favored income in excess of some number, like $1 million, at 50%. For everyone else, it stays the same. Problem solved. Plus, it has the advantage of simplifying the tax code. It's a win-win!
See, there are some creative ideas out there that we can all agree on as long as everyone is willing to share in the sacrifice. I know it's tough, but for the good of the country these are sacrifices I'm willing to make.
I think you are putting the number too high. Remember, this is for the good of the country. I would put the limit at $1 million. It's going to be a sacrifice, but I'm willing to do it FOR THE CHILDREN.
Well, you have a point. But would Warren Buffett really fire someone if his taxes quadrupled? Or Bill Gates? For people like these, money is not something they need to buy groceries or even their next mansion or yacht. It's a way of keeping score, to see who is ahead on the “Forbes richest” list. Or would Barbra Streisand fire her staff if she had to pay a few million more in taxes? Would you want to work for her anyway? Would the Yale endowment's janitors suffer if we taxed their assets at 10%? Doubtful. Besides, how many people work there anyway? I'm not talking about taxing the clothing store or the guy who installs windows, or the building contractor. The guy who owns the plastics factory or the small manufacturer with 500 employees is probably already a "C" corporation or can become one in short order.
The problem with the conversation the country has had on taxes is that the thinking is stuck in a rut. Conservatives have golden opportunity to change to conversation. The Left says everybody needs to sacrifice, right? By saying this they have fallen into a trap that was explained by Saul Alinsky. Let’s make them live up to their own standards. Let’s talk about taxes on the left’s wealthy fat-cats. let’s talk about the obscene wealth found in tax sheltered foundations and endowments. Let’s talk about taxes on entertainment like movie tickets and CDs. There was a tax on movie receipts back in the 1950s to pay off the war debt.
I’ll bet once you begin to think about it you could come up with some good tax ideas of your own.
You should’ve told him.
Obama’s certainly ruined my night.
That’s just what I want. To be like Sweden, Norway, or Denmark.
FOAD Mr. Butterfield.
If your proposal includes the Sierra Club, Defenders of Wildlife, World Wildlife Fund, the League of Conservation Voters, the Center for Biodiversity, Earthjustice, etc. then...
Sign me up.
I know my tag line has a play in your response, but I think $1 million is too low. We don't want to discourage venture capitalists from investing in the next Bill Gates. There is a good reason why the capital gains tax rate is lower than ordinary income tax tates.
I agree with you completely—My point is that we also need to go after, aggressively, the “hidden” wealth that insulates the Left/liberals from their policies that hurt average Americans.
A tax on some officials ... now you are talking.
I think we need to start trimming from the top down with lay-offs, hiring freezes and wage freezes for bureaucrats and their staffs.
Fire all of Obama’s czars and lay off all of their staffs. Cut the white house staff. Put all federal employees on Medicaid instead of gold-plated health insurance.
I think the president should lead the way by volunteering to take a 10 percent wage cut and working with a skeleton staff.
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