Skip to comments.Joe Biden on Taxes: "You Call it Redistribution of Wealth," I Call It "Just Being Fair"
Posted on 03/30/2010 12:06:24 PM PDT by Choose Ye This Day
There's also the issue of whether these tax cuts, in conjunction with the health care reform bill signed last week, represent a redistribution of wealth in America, as many claim.
"It's a simple proposition to us: Everyone is entitled to adequate medical health care," Biden says. "If you call that a 'redistribution of income' -- well, so be it. I don't call it that. I call it just being fair -- giving the middle class taxpayers an even break that the wealthy have been getting."
The top quintile of Americans earned 55.7% of pretax income and paid 69.3% of federal taxes in 2006, according to the most recent CBO data. But the Vice President isn't buying the idea that the wealthiest are already paying their fair share, noting the top 1% of earners get 22% of all income made in the U.S.
"Taxes have been lowered for the wealthy considerably over the years," he says. "It's about time we get a little tax equity here."
(Excerpt) Read more at finance.yahoo.com ...
They pay over 40% of the taxes.
How much more "fair" do you wanna get?
The middle class has already learned their taxes AND premiums will go up as a result of this monstrosity. Any more "even breaks" like that and there will be no middle class. (but then that's the whole idea, isn't it?)
I call it a pant load.
I call it a pant load.
Even screamin’ Howard Dean realizes that too much “redistribution” can be a buzzkill to enterpreneurship and the economy, by destroying incentive.
Mr Biden...you lie!
Worst. Vice. President. Ever.
A man who will fashion “justice” to his own image and calls it “liberty” possesses neither.
Hey Biden.. You say you don’t want to leave the middle class behind? The middle class is exactly who you and your ilk want to destroy!
Go Biden yourself plugs!
Well, there definitely won’t be a “wealthy class” by the time Obamunism is through with them. They want to have the über-rich pay for all their quasi-Euro-socialist programs. Pretty soon the rich will be taxed down into “acceptable” income levels, or they will pack up and leave the country.
Yep, thieves and liars are running the show, if there were no taxes at all on anything it would be pretty easy for a low income family to retire after a lifetime of work, instead they are taxing everyone as the cost of everything goes up and no one can retire without huge tax bills, runaway food cost, health care which will be 3rd class and their stupid butts sitting on our faces, sounds like Russia and China to me..
Joe, just because you call a turd a diamond, doesn’t make it sparkle.
You and your wealthy libtard friends could be voluntarily paying extra, Joe.
That none of you do speaks volumes about your faux morality.
It’s not about “fairness”, it’s about power. To turn your own phrase, “it’s a big f*$&ing power grab”
we call it THEFT.
Some people call it diarrhea, other call it Biden talking again.
I say I combine my income with Biden’s, and split the total evenly for each of us. “Just Being Fair.” Whaddaya say, Joe?
Government: psst hey buddy, let me show you how to get wealthy, give me a dollar I’ll give you a penny’s worth of something, vote for me I gave you a penny..
There, fixed it.