Posted on 12/12/2012 7:00:40 AM PST by Kaslin
All of those jackasses who allowed Barry the Kenyan to parade them around as props screaming that they want to pay more taxes are now running like hell to avoid paying them.
Of course they are. Increased income taxes have never had an appreciable effect on them because they hide/classify their assets as other than income.
Not easy for small businesses and the rest of us peons to do.
The most ignorant among us have no comprehension of the wealth and assets of the wealthy. The so called 1% do not earn an income, therefore, their wealth cannot be taxed. Income tax increases truly impact the middle class the most. Changing tax rates on dividends and capital gains is easily worked around by most of the population. The wealthy have earned their money and can merely hold it in the bank and not invest it - living off of it until they die and never paying another tax other than consumption based taxes like sales tax.
The typical ignorant liberal voter lacks rudimentary economic and mathematical aptitude. These proposed taxes will not be imposed on the “wealthy” that they love to hate. Businesses and the wealthy don’t pay taxes - their obligations are merely passed on to the consumer level. What benefit do the poor receive from taxing businesses to the point that the poor cannot buy a gallon of milk with the $150.00 in food stamp benefits they subsist on because the tax burden has driven product costs through the roof?
So, Odumbass’s tax increase will result in LESS money being recieved by taxes...
Imagine that.
Who would have guessed= oh wait, that would be ALL OF US who warned about Odumbass’s policies.
One of the core foundations of “liberalism”, ie, Marxism,
is elitism.
They should not be subject to the same rules as everyone else, because they’re “special”.
We should counter all RAT proposals with a proposal to tax the real rich. Let’s tax anyone with over 250 million...based on world wide riches..a flat 10% OTO to help bail us out. Watch them run from that. Then let’s do an OTO tax of all the huge foundations that fund the left..10% of everything over 250 Million. That would really be taxing the rich instead of taxing the struggling small business owner or upper middle class family that is hoping to send their kids to good private schools.
If I understand this situation correctly, the companies seeking to avoid paying more taxes than absolutely necessary on 2012 earnings can do this only once—by cramming in earnings before the new taxes take effect in 2013. Of course, those avoiding paying more 2012 (and forward) taxes by making use of lower offshore rates can do that—until the US, UK, France, etc. force the offending shelter nations to collect taxes for them or be subject to sanctions of some kind.
Rulers that have decided to deprive certain citizens of assets are both determined and creative. This is a new world, not a BRAVE new world—more like a FASCIST one.
I pray that Our Father will grant courage and fortitude to Americans who will keep the faith and the vision until they prevail or He comes.
Just like John F’n Kerry, “taxes for thee, not for me”..... ****ing hypocrites.
Silly voter. When Warren Buffet says he wants the rich to pay more in taxes, he means those who are on the boundary of becoming super-rich. Buffet wants them to pay more in taxes so they don't cross over into his exclusive club. He never intended to pay more in taxes himself.
Silly voter. When Warren Buffet says he wants the rich to pay more in taxes, he means those who are on the boundary of becoming super-rich. Buffet wants them to pay more in taxes so they don't cross over into his exclusive club. He never intended to pay more in taxes himself.
“The so called 1% do not earn an income, therefore, their wealth cannot be taxed”
What kind of idiotic statement is this?
“their obligations are merely passed on to the consumer level”
Big talk about economic ignorance from someone who doesn’t know how supply and demand works. This is one of the oldest sophisms out there. Costs are passed back to the origin of production. Once again, the “forgotten man” pays for it.
The hypocrisy of the left never ceases to amaze me
Uh no. To hell with that and the horse you rode in on
The wealthiest people within the US do not earn “income”. Their wealth is generational or was earned through business activity prior to today. If they choose to maintain an income stream, they can. If they choose not to, they can live for decades off of their assets. No income, no income tax. No capital gains, no capital gains tax, no investments, no dividend taxes.
Why you choose to be obtuse is beyond me.
And Waren Buffett has been fighting the IRS for a long number of years over his taxes & he owes over $1 BILLION in back taxes.
He won’t pay what he owes, and he makes the most noise about “EVERYONE” paying.
As a business owner, I could probably teach you a few things about supply and demand and what occurs when an enterprise and its owner's tax burden increases. Let me tell you with absolute certainty: I pass the cost on to my customers. The capacity to absorb increased cost is not present.
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