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Democrats Defend Their 10% Income Surtax
Wall Street Journal ^ | November 21, 2019 | Sen. Chris Van Hollen (D., Md.) and Rep. Donald S. Beyer (D., Md.)

Posted on 11/22/2019 11:23:27 AM PST by karpov

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To: karpov
Today, the top 1% own more wealth than 90% of Americans combined

Oh, they stole it from the other 99%?

21 posted on 11/22/2019 11:47:47 AM PST by Salvey
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To: Oldeconomybuyer

Remember Hillary saying the government will take your 401’s and the loan you back the money or some such - anyway the Dem’s want to kill the economy like FDR did during the Depression; FDR’s Folly - How FDR Deepened The Depression.


22 posted on 11/22/2019 11:49:43 AM PST by SkyDancer ( ~ Just Consider Me A Random Fact Generator ~ Eat Sleep Fly Repeat ~)
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To: karpov

If everyone thought as clearly as you we would have a much smaller mess


23 posted on 11/22/2019 11:50:45 AM PST by genghis
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To: Salvey

There is a French anarchist from the 19th century, Proudhon, who is famous for declaring, “Property is theft!”

In short, if you have something — anything — you must have stolen it. Probably from me. So, hand it over.


24 posted on 11/22/2019 11:51:20 AM PST by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: karpov
The new revenues would finance investments needed to build a more dynamic economy...

Ignorance and/or lies. Most probably lies intended to foster economic jealousy as in "Look, the rich aren't doing enough to help you, but we will...with their money."

The big-government democrats want those revenues to finance investments??? Just where do they think these funds are now? Hint, they're not buried in mason jars in the back yard or stuffed in mattresses. That money they want to control is already hard at work. When someone invests in stocks it provides money for a company to stay competitive, possibly grow. Maybe those investments go into startups, creating jobs where there were none before.

The truth is money just sitting there is losing money because there are so many places it could be used for a decent return on investment. Hence the market, savvy investors, etc. don't just sit on money. It is out there working right now. What the democrats, aka leftist/fascists want is control of that money. They want to decide what to invest in, rather than the people who have earned it deciding what to do next. The democrats don't want to do what's best, what will generate the best return on investment and grow the economy. The democrats and leftists want to control that money so they can use it to implement their agenda. If investing in activity X is more likely to succeed than investing activity Y, but activity Y supports the leftist agenda, then they will invest in Y. That's all this is about, funding their agenda.

25 posted on 11/22/2019 11:51:42 AM PST by ThunderSleeps ( Be ready!)
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To: karpov
Our plan asks the top 0.2% to invest more to open the doors of the American dream to others.

Why not let these groups work together directly, and eliminate the overhead of government acting as a middleman? No? Does that eliminate the point of the whole scam? :)

26 posted on 11/22/2019 11:53:51 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: karpov

There is NOTHING to be gained by a perfectly even distribution of income in the long run. It simply doesn’t work because of the human psyche.


27 posted on 11/22/2019 11:55:54 AM PST by econjack
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To: karpov
Our plan asks

No, you lying sonsabitches. Your plan threatens to take at gunpoint.

28 posted on 11/22/2019 11:57:37 AM PST by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: karpov

If you want the uber wealthy to pay more, get rid of the corrupt tax code that rewards them for investing in ways that line the pockets of politicians and k-street lobbyists. Let them invest as they see fit, without having to pay virtual bribes to hide their income. Reduce the tax code from an encyclopedia to a pamphlet. Lower rates, no deductions, no credits.


29 posted on 11/22/2019 11:59:37 AM PST by ETCM
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To: billyboy15
Article claims the rich who will be paying are supportive and agree they should pay more. It’s the same tired old bs we’ve heard before.

My approach to taxes is this: If a person making $100,000 pays $10,000 in taxes a person making 10 times more, $I,000,000 should pay 10 times more in taxes or $100,000 in taxes.

But they are expected to pay more. Why? Because there are more voters who want richer people to pay more of the country's bills.

That is why the Dems (socialist ,communist) appeal of "Vote for me, I will get you someone elses money" is so successful with voters. -Tom

30 posted on 11/22/2019 11:59:47 AM PST by Capt. Tom
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To: Capt. Tom

A flat tax solves the problem. Everyone pays it....everyone.


31 posted on 11/22/2019 12:06:36 PM PST by billyboy15
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To: karpov

Taxation discourages investment. No investment, the goose that lays the golden eggs dies just as surely as butchering it to find out how the eggs are produced.

There really IS a “magic wand”, and reducing taxes is only one part of that interesting construct. The rest lies in decriminalizing initiative.


32 posted on 11/22/2019 12:07:06 PM PST by alloysteel (Nowhere in the Universe is there escape from the consequences of the crime of stupidity.)
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To: karpov; All
"Our plan asks the top 0.2% to invest more to open the doors [??? emphasis added] of the American dream to others."
FR: Never Accept the Premise of Your Opponent’s Argument

Desperate career Democrats don’t want people to learn how to fish. The want low-information voters to have to repeatedly vote for their fish.

On the other hand, new freedmen showed that the American Dream does not depend on someone else opening the doors for you.

Top Ten Slaves Who became Millionaires

Remember in November 2020!

MAGA! Now KAG! (Keep America Great!)

33 posted on 11/22/2019 12:25:54 PM PST by Amendment10
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To: karpov
Our plan asks the top 0.2% to invest more to open the doors of the American dream to others.

In one sentence I count 3 lies.

First, they ain't "asking". Taxes, regardless of what the IRS says aren't voluntary. Second, "investments" give a return to the investor, at least that's the thought in making one. What's the return to the taxpayer?

Third, is the American dream to be dependent on the government? Not in my America. And the door is already open. All they have to do is walk through it, and most won't.

34 posted on 11/22/2019 12:40:58 PM PST by chesley (What is life but a long dialog with imbeciles? - Pierre Ryckmans)
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To: karpov

Face it, the Rats want ALL your money.


35 posted on 11/22/2019 12:48:05 PM PST by beethovenfan (Mene, Mene, Tekel, Upharsin)
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To: billyboy15
A flat tax solves the problem. Everyone pays it....everyone.

From the Heritage Foundation:
There will never be a tax that is good for the economy, but the flat tax moves the system much closer to where it should be-raising the revenues that government demands, but in the least destructive and least intrusive way possible.

Daniel J. Mitchell, Ph.D., is McKenna Senior Research Fellow in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation.

36 posted on 11/22/2019 12:54:47 PM PST by Capt. Tom
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To: karpov
The Left is incapable of comprehending what wealth is. Wealth doesn't sit in a bank vault and collect dust. Wealth is spent. Spent on goods and services. Wealth is "spent" on investments. Investments that create wealth. Wealth is not evil. Wealth is a tool. A tool wielded by some better than others.
37 posted on 11/22/2019 12:55:27 PM PST by Thumper1960 (Trump-2020)
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To: Oldeconomybuyer

They will be assimilated. There will be no resistance.

Signed - The Democrat Party.


38 posted on 11/22/2019 1:54:17 PM PST by wally_bert (Your methods were a little incomplete, you too for that matter.)
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To: karpov

“Our plan asks the top 0.2% to invest more to open the doors of the American dream to others. “

Because all the lazy and useless welfare recipients are living that American Dream via handouts instead of working to make something of themselves....


39 posted on 11/23/2019 2:46:44 AM PST by trebb (Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
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