Posted on 03/29/2011 8:57:23 PM PDT by Christus_Rex
Yes, tax the Super Rich. Tax them now. Before the other 99% rise up, trigger a new American Revolution, a meltdown and the Great Depression 2.
We know the Super Rich don’t care. Not about you. Nor the American public. They can’t see. Can’t hear. Stay trapped in their Forbes-400 bubble. An echo chamber that isolates them. They see the public as faceless workers, customers, taxpayers. See GOP power on the ascent. Reaganomics is back. Unions on the run. Clueless masses are easily manipulated.
Even Obama is secretly working with the GOP, will never touch his Super Rich donors. Yes, the Super-Rich Delusion is that powerful, infecting all America.
Here’s how one savvy insider who knows described this Super-Rich Delusion: “The top 1% live privileged lives, aren’t worried about much. Families vacation at the best resorts. Their big concerns are finding the best Pilates teacher, best masseuse, best surgeons, best private schools. They aren’t concerned with the underlying deterioration of America or the world, except in the abstract, because they aren’t directly affected by it. That’s not to say they aren’t sympathetic, aware, or don’t talk about the issues you bring up. They are largely concerned with protecting and enhancing their socio-economic positions, ensuring their families live well. And nothing you write about will change things.”
(Excerpt) Read more at marketwatch.com ...
You were the one who initiated the name calling oh ye of low IQ. I was not “called” on anything, you obviously are not in the field of law since you can’t make the distinction between an ad hominem and a statement of fact. I said in my original post I disagreed with his opinions, but did agree on one point that the super rich do avoid paying the tax rate in numerous, often criminal ways. Further this adulation for the super rich and knee jerk defense of them is woefully misguided and shows your ignorance in their great complicity in the destruction of America and establishment of a New World Order. Adults don’t jump to an ill formed conclusion and start hurling insults and accusations. You’ve amply demonstrated you would rather try to make yourself feel better by attacking someone rather than engaging in serious discourse so I’m done with your ilk.
Man I am sicker than a dog and that guy made it worse.
Good.
Good luck finding a job, loser. But with your whining and huge chip on your shoulder, don’t expect much.
Do they roast the lobster over open coals and serve it with a truffle oil aoli? Three times a day? Gag! But if you are going to go out in style! LOL
Belize is beautiful but I prefer Chile. Same kind of stuff different place and you can snowboard at Valle Nevado.
Wow you should contact the CIA, since you obviously are a true clairvoyant I’m sure they could use your skills!
It’s hilarious you posted that huge indignant novel, yet you couldn’t be bothered to read any of my replies where I clearly and explicitly clarify that I am not “against the rich” or wish to “steal from the rich” or have you pay an insane tax ate. I never once said “Please let the super rich be taxed more!” I merely expect them to pay what the tax rate is and stop using illegal and nefarious means of hiding their assets, stop manipulating the free markets (anyone who disputes this point is utterly delusional), stop propping up failed leaders like Obama, and to generally behave as good citizens should. How is this being ‘selfish’ or ‘self-serving’? Please go take a Xanax and calm down.
You are arguing against policies I don’t hold. See my post #46.
Interesting that you don’t define the “super rich.”
Funny thing is that anyone who has less than you will think you need to contribute more. Yet you are looking to the next guy thinking the same thing. Wealth obtained thru hard work and enterprise by an individual or someone in his family is part of Capitalism. Corruption and collusion is wrong by the super rich or the poor and their advocates,and so is wealth obtained thru these means. However, this article just feeds into the class warfare/entitlement mentality. It really is wealth redistribution— the goal of marxist progressives.
This article really brings out a lot of interesting attitudes in the posters here tho.
I still think you are either stoopid or a clumsy communicator but look for my follow up and let’s see if that is what you meant.
I read your rant and here's mine:
Try this one on for size and read past the first couple sentences and paragraphs:
It’s like a bunch of rich guys running around acting altruistic and claiming the death tax should be reinstated or at higher levels.
What they don’t tell you is their holdings include companies who profit from estate planning, income shelter, etc.
If the government has no death tax it is a direct competition to the insurance companies, law firms, Wall Street, etc.
Without the death tax there is no need for their services and such stringent estate planning.
Here is an excellent video explaining Warren Buffet and Berkshire-Hathaway. Get a cup of coffee and watch it. You will see the scheme explained and then you will get it.
Also note what companies he has acquired, how and why:
Why This Superrich Guy Likes High Taxes
http://www.xtranormal.com/watch/8035391/
Warren Buffett Benefited From Death Tax
http://www.humanevents.com/article.php?id=15951
Wanna know why Buffet pushed for TARP bailout?
Suffice it to say Berkshire owned stock in some largest receipents of TARP valued at $13 billion around that time.
Here is the funny part:
Buffett increased his bank holdings in September, while he was arguing in the media that Congress should approve the bailout to prevent the collapse of the global financial system.
TARP was approved in October of that year, just one month later!
It’s good to be king!
He actually said “if he didn’t think the government was going to act(in a way that would positive and accretive to hihis holding) he wouldn’t have been doing anything that week”. (paraphrased)
For more read here:
http://www.mcclatchydc.com/2009/04/05/65496/buffett-champion-of-bailout-is.html
BofA in April 2009 was around $4 per share and is now trading at $13.80 per share as of 3/02/2001
Wells Fargo in April of 2009 was around $11 per share and is now trading at around $31 per share.
How about US Bancorp trading at around $14 per share in April 2009 and now trading at about $26 per share.
Goldman Sachs Group trading at some $51 dollars per share has now zoomed to above $160 per share.
How about those poor folks at American Express trading at just above $10 per share in 2009 and now they are trading at about $45 per share?
Bottom line: We, the schmuck taxpayer, paid to enhance the holdings of companies like Berkshire and investors in Berkshire.
I agree. The tricky part is getting the votes needed to ratify such an Amendment. Is this possible in our lifetimes?
BTW, Mr. holier than thou. It seems most of us were bothered by your post so if it’s going to take further and successive posts to clarify your thoughts you should think a little harder about your post.
Yep.
Actually, skip all that.
I’ve decided to take redpoll’s position.
If it is criminal, then prosecute them for breaking the law. If it is legal, change the laws. There are plenty of people avoiding paying taxes illegally and legally. Why single out the "super rich?"
You are arguing against policies I don’t hold. See my post #46.
Spinal cord injury....I can still cast pretty well out to about 90 feet with my fly rod if I’m sitting on a cooler in the bow. Snowboarding days are over though.
Nice case of class envy you’ve got (I’ve read your foolishness @#46.) And a holier than thou nick! The Art of Trolling.
Uh you seriously need to re-read that post. I already enumerated how they are not paying them. You would need to hire an army of forensic accountants to find all the TENS OF TRILLIONS the super rich have stashed away illegally - this has been going on for hundreds of years, but computers and networks make it much easier and much harder to get caught.
You have no idea as to the complexity of tax law. There are more than 16,000 pages of rules that define what is allowable and what is not.
Then you have the opinion of interpretation by each enforcer. Sometimes they are right, sometimes they are wrong. Sometimes they are fair and other times they go way the hell overboard.
Sometimes when you submit your forms you pray someone won’t grab your file and say “Let’s have a look see and send this guy a demand letter”.
People do all kinds of things when they think they have the power and the enforcers at IRS in general are pretty ruthless.
Not fair, ruthless.
Crap! But you can cast pretty far. Bet it hurts sometimes but you love it so much you don’t care.
Good luck.
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