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Many Democrats will still try to pay for new spending by taxing the "rich", and many of the "rich" will still vote Democratic. I don't get it.
1 posted on 09/25/2009 10:11:33 AM PDT by reaganaut1
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To: reaganaut1

And to think a few years ago, folks on this board were downplaying the risk of deficits.


2 posted on 09/25/2009 10:12:35 AM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: reaganaut1

Obama will raise so many taxes, you will not be able to keep up with them.


3 posted on 09/25/2009 10:13:06 AM PDT by stephenjohnbanker (Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
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To: reaganaut1

70% of the 2%.


4 posted on 09/25/2009 10:15:09 AM PDT by boomop1
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To: reaganaut1
Even if none of Obama's policies becomes law, the extent of current income redistribution is remarkable: The top-earning 40 percent of families will transfer $826 billion to the bottom 60 percent in 2012. If Obama's policies become law, the federal government will redistribute nearly $1 trillion from the top-earning 30 percent of families to the bottom 70 percent (those earning up to $109,000).

Which will have the result that anybody attempting to reduce government will have that 70% being told that doing so will result in their benefits being cut. This is the plan for Dem long-term dominance.

5 posted on 09/25/2009 10:15:23 AM PDT by PapaBear3625 (Public healthcare looks like it will work as well as public housing did.)
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To: reaganaut1

Benefits! Benefits for Everybody!


6 posted on 09/25/2009 10:16:23 AM PDT by uncitizen
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To: reaganaut1

When the people find that they can vote themselves money, that will herald the end of the republic. — Benjamin Franklin


7 posted on 09/25/2009 10:16:32 AM PDT by FreedomProtector
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To: reaganaut1

Liberalism is organized crime, robbing Peter to bribe Paul.


10 posted on 09/25/2009 10:23:16 AM PDT by TexasRepublic (Obama = Jim Jones coercing us into suicide on a national scale)
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To: reaganaut1
Many Democrats will still try to pay for new spending by taxing the "rich", and many of the "rich" will still vote Democratic. I don't get it.

The rich have tax-exempt, "charitable" foundations from which to buy influence in the Congress and the courts.

This is an example of how the Great Game really works.

11 posted on 09/25/2009 10:24:17 AM PDT by Carry_Okie (Islam offers three choices: surrender, fight, or die.)
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To: reaganaut1; CSM

Note to self:

*No overtime pay next spring; you’re not gaining anything compared to what you’re losing in confiscatory taxes from the local, state and federal b@stards.

*Barter and trade for what you need. No spending beyond the very basics for the next 1,213 days.

*Earn as much cash under the table as possible.

*All money out of the market except the small 401K from work that is acting solely as a hedge for now. (See below.) Keep on track with gold and silver purchase/sale plan.

*Increase tax exemptions on W-4 form.

*Increase payments into 401K, medical slush fund, etc. through employer. Make as much of my earnings pre-tax as possible while I meet my few financial obligations.

*CCs are paid off and no car payment, so throw extra on the mortgage each month.

*Buy more ammo.

*Pray.


12 posted on 09/25/2009 10:24:18 AM PDT by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: reaganaut1
Only problem is this argument is based on a complete mis-understanding of how taxes work.

Everyone pays much more in taxes then they realize. The Govt just collects it from the businesses that make the products. We pay those taxes by paying higher prices for every single good and service we purchase

Also, everyone who works pays payroll and medicare taxes. So the notion that “70%” don't pay taxes” is highly misleading at best.

14 posted on 09/25/2009 10:26:19 AM PDT by MNJohnnie (The 0 regime: harmless as an enemy and treacherous as a friend.)
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To: reaganaut1; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; ...

The list, ping


15 posted on 09/25/2009 10:27:35 AM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: reaganaut1

This trend really started rolling when Reagan expanded the EITC against all advice that this very thing would happen. The Gipper blew very few calls in his time, but this was certainly one of them. (Withdrawl of Marines from Lebanon and Sandra Day O’Connor the only others that come to mind)


19 posted on 09/25/2009 10:37:22 AM PDT by Buckeye McFrog
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To: reaganaut1

20 posted on 09/25/2009 10:37:59 AM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: reaganaut1

That’s exactly what Barry meant about spreading the wealth around.


22 posted on 09/25/2009 10:42:11 AM PDT by The Great RJ ("The problem with socialism is that you eventually run out of other people's money." M. Thatcher)
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To: reaganaut1
Middle-income families, who are the targeted beneficiaries of many Obama policies, will receive $1.15 in government spending benefits for every dollar they pay in taxes.

I'm unclear on what they're counting as "benefits" for middle-income families. Are they all on food stamps? Or is the author counting things like the mortgage deduction as a "government spending benefit"?

26 posted on 09/25/2009 10:47:49 AM PDT by maryz
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To: reaganaut1

If you believe this, you are a d@mn fool. This may indeed be the case for the first few years. But soon enough, that top 30% will figure out how to hide their assets better and taxes will have to go up yet again on the bottom 70%.


28 posted on 09/25/2009 10:50:14 AM PDT by Antoninus ("There is no movement," --G. W. Bush)
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To: reaganaut1

“...70 percent of American families will, as a group, be receiving more in federal spending than they pay in federal tax.”

Then,IMHO, those 70% should not get to vote (more money out of my pocket).


29 posted on 09/25/2009 10:53:50 AM PDT by Never on my watch (Do you REALLY think Obama is just going to let us vote him out of office?)
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To: reaganaut1

Let’s think about this for a second...if the the top 30% become the main source for paying for all of these idiot ideas, it is only a matter of time before they feel that they now “own” the people that they are paying for. In all reality, it sounds like we are doing a 1,000 year full circle back to serfdom.


30 posted on 09/25/2009 11:03:25 AM PDT by Fedupwithit (The Constitution was written with a pen, and it was enforced with a gun. No one listens to a pen.)
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To: reaganaut1

As Margaret Thatcher stated, “The problem with socialism is that eventually you run out of other people’s money.”


32 posted on 09/25/2009 11:18:24 AM PDT by Ranger Warrior
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To: reaganaut1

And 95% of America will get a tax cut of $1.27...

Can’t wait!

Maroons...


33 posted on 09/25/2009 12:10:24 PM PDT by SeattleBruce (God, Family, Church, Country - Keep on Tea Partiers - party like it's 1773!)
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