Posted on 10/06/2011 1:07:34 PM PDT by SeekAndFind
Of course the democrats would never raise the definition of ‘the rich’ today to get the new brackets codified all the while planning to lower it back to 250k - or even 75k - tomorrow.
To follow Al Gore’s logic, if a person makes 250K per year for 4 consecutive years, then that person is a millionaire.
Can’t make this stuff up.
RE: if a person makes 250K per year for 4 consecutive years, then that person is a millionaire
Then by that token, I am a millionaire too. I’ve made over a million working in my career.
They’ll just find some other term to use instead of using a specific dollar figure.
When you deal exclusively with lies, you try to obfuscate what you mean the best that you can.
They’ll probably just start demonizing some undefined “millionaires” instead.
Unfortunately for the Dems, there are too few people making more than $1 million a year to raise significant revenue. They will have to think of something else.
Why won’t Barry pay his fair share?
When will Barry write a check to the government?
No, no, they don’t mean “making more than $1 million a year”,
they mean “millionaires”, as in, net-worth millionaires.
If you have any sort of savings and a paid off house, you might qualify.
They'll go after the middle class eventually because thats where the money is. Right now, they have to fool the electorate.
Scary stuff. Nice to know that a handful of know-nothing hacks think that they can decide who's rich and who's poor.
Amazing arrogance on display here. Simply amazing.
Obama wants 250k because ‘millionaires and billionaires’ just isn’t enough tax base for the money they want to spend
RE: Why won’t Barry pay his fair share?
When will Barry write a check to the government?
___________________________________________________
Curious as to how much Barry paid in taxes? see here:
http://www.huffingtonpost.com/2011/04/18/barack-obama-tax-returns_n_850672.html
Don't people get it yet?
That this is all a grand and premeditated LIE?
The definition of the term "millionaire" would be tortured into submission if (or when) they ever get their way with a "millionaires' tax"
.
Except that net worth is not reported to the IRS et al.
Short of a radical new privacy invasion, they won’t know who owns how much.
Worse, net worth is an ill-defined concept in law. Should net worth reporting be required (I don’t see how), an awful lot of “rich” would soon not be, as they downgrade homes to $900,000 and relocate savings to non-cash forms. (Recall some movie where the rich bad guy is asked where he stashed all that wealth: “See this cane? it was Charlie Chaplin’s. You get the idea.”)
And remember that once you reach “rich”, money can be redirected as needed. Favorite example: Steve Jobs’ salary was $1.
All that is needed,to make everyone millionaires, is a good bout of hyperinflation. Just keep printing money, to “stimulate” the economy, and soon everyone will be rich enough to tax.
That won't work, either, because when you have hyperinflation not only do you get a revenue boost, but an expense boost as well as government would have to pay more for paperclips and such.
Finally they get it. Now their biggest problem, taxing just
millionaires punitively won’t generate enough revenue to amount to a tinkers damn.
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