Tax the Super Rich now or face a revolution

Market Watch ^ | March 29, 2011 | Paul B. Farrell

[Osage Orange]

And that’s the truth!!

[Osage Orange]

bttt

[Osage Orange]

I outlined corrupt/illegal actions that the super rich *routinely* use to escape paying the tax rate

You did no such thing....Let me remind you of what you actually said...

"They hire the best lawyers and financial advisers who are experts in hiding their wealth, defraying taxes incurred, stashing assets in offshore banks, incorporating outside the US in tax shelters, etc."

I think most of the things you said there...were legal and NOT corrupt. You outlined nothing.

[aruanan]

I see you’re having the same trouble.

[Osage Orange]

What are the numbers...?

Total Corp. welfare...versus personal welfare?

I do agree...that GM should have been allowed to go BK...but you and I know..that was a pay-off to the unions.

[gwilhelm56]

That TROLL has apparently been zotted... thank you.

This thread is almost Identical (so I'm told) to one on DU!!

Besides... for the rest... CORPORATIONS do NOT PAY TAXES. They merely COLLECT THEM from those who do pay taxes... US!!
In Running a small business, ALL of my taxes were added in to the cost of my product/service. and I'm no Big Corporation...

Besides GE (the “””criminal””” here) had a LOSS Carry Forward, which cut their taxable income. If you want to get mad at someone...
Get mad at the White House and the IDIOTS in Congress who pass the laws making this “””corporate welfare””” Possible. and the CongressIdiots who YELL the most about “Corporate Welfare”, are usually the ones who quietly support it.

[Osage Orange]

No rub intended...but you aren't even cell phone distance from being near less than super rich.

$250k to $750k a year...isn't rich in many areas of the country.

I guess..what you might think is "super" rich...is different than what I think it is.

I figure every dollar I make...I get to keep 55%...in the end.

If you think the "super rich" don't pay taxes...you are mistaken. If you think the "super rich"..can bail this country out, you are mistaken.

If you think the "super rich" don't employ people here...you are again mistaken.

FRegards,

[Osage Orange]

But some skin is more important than other skins....

[Osage Orange]

Thanks!!

Agreed!!

[darkwing104]

Class envy zot!

Please let me know if you want ON or OFF my Viking Kitty/ZOT ping list!. . . don't be shy.

[Thunder90]

ZOT!

[redgolum]

I suspect (and I don’t have the numbers) that total outlay of personal welfare is greater. But when you realize just how much corporate welfare is going on, I wouldn’t bet a pop on that statement.

The issue is that for a long time, if you want to survive in business, you get political power on your side.

[mnehring]

Here is a hint, it isn’t your money! I would rather stand with the so called ‘super rich’s’ right to keep their own earnings than the 99% who want to confiscate it.

[Osage Orange]

Thanks!

[Outlaw Woman]

I wondered last nite how long it would be...

[Osage Orange]

Thanks...

I don't know the numbers either.

I suspect...personal give a ways are more. Doesn't mean I think Corp welfare is right....I think both "systems" are corrupt. Of course we know that....

What do we do about it...???

[abigailsmybaby]

I followed this thread from the gitgo for quite awhile last night. I’m surprised it took this long for the ZOT ‘cause even Jim Robinson posted a couple of responses. When I saw that I figured ol’ Rex would soon be a gonner.

[piytar]

Most of the “super rich” are in bed with the marxist demscum. It’s called crony capitalism aka fascism. Fix the corruption, put the corrupt in jail, then leave the productive “super-rich” alone.

[SatinDoll]

Go back to your nap, OO.

[SunkenCiv]

:’)

http://www.twodrinksminimum.com/wp-content/uploads/2010/11/pie-in-the-face.jpg