Fred Thompson "Catastrophic" if Bush Tax cuts aren't reviewed

[Palehorse]

The really dangerous part is that there is a large percentage of American citizens that buy into the lies, half-truths, and scare tactics, and vote accordingly. That is the reason the rich hold the strings to everything and everyone.

Wake up people! It's time to stop being puppets!

[me]

Helloooooooooooo.........is anybody in thereeeeeee??????????????  We're talking almost 2yrs and things area getting worse not better and show no signs of improving........hhhhhhhheeeeeeeellllllllllooooooooo

[Palehorse]

Helloooooooooooo.........is anybody in thereeeeeee??????????????  We're talking almost 2yrs and things area getting worse not better and show no signs of improving........hhhhhhhheeeeeeeellllllllllooooooooo

Helloooo! So what makes you think letting the super rich keep their money and not pay their fair share of taxes will change that??? Hellooooo! They have it right now and have had it for years, and they still choose to move their operations to Mexico and other nations instead of keeping them here! What don't you get about that?

[me]

Helloooo! So what makes you think letting the super rich keep their money and not pay their fair share of taxes will change that??? Hellooooo! They have it right now and have had it for years, and they still choose to move their operations to Mexico and other nations instead of keeping them here! What don't you get about that?

And they are moving because of taxes just like they choose the states with the lower taxes they will go to the country with the lower taxes and labor costs.

[Palehorse]

And they are moving because of taxes just like they choose the states with the lower taxes they will go to the country with the lower taxes and labor costs.

That's what they may "tell you", but the reality is exactly what Ross Perot said it was back in '92-3, it is the slave wages they get to pay their labor in other countries, and the no healthcare, low cost overhead. . . .

The man KNEW what he was talking about and America chose to suck up the lies that all of his opposition laid out there, because it was the least work. . . Just like they are doing today!

[Henry Hawk]

Helloooo! So what makes you think letting the super rich keep their money and not pay their fair share of taxes will change that???

Just what do you think their fair share is? How much SHOULD they pay?

The top 25% of the income earners already pay 86% of the federal income tax....and the top 50% pay for 97%....

why was in 1980 when the top income tax rate was 70%, the richest 1% only paid 19% of all the income taxes....?

do you want a plain and simple redistribution of the wealth?........"from each according to his ability, to each according to his need"....is THAT what you want?

[The Troll]

And they are moving because of taxes just like they choose the states with the lower taxes they will go to the country with the lower taxes and labor costs.

  This what I have to say to these business that will move because of taxes.

  Move right out of the country.  Don't pay any taxes to American or the state you were in.  You will no longer have to pay anymore money to the United States.

  But don't sell any of your god damn foreign shit in this country.  We don't need your un-American products.  Kiss our ass good by.  You leave the country and you can't sell anything you make here and you trademarks and Pations will not be honored in this country any American company can copy and sell you product in this county.  Take it or leave it.

  Let's see how many would leave.  They would cry to be let back in.

[Palehorse]

Just what do you think their fair share is? How much SHOULD they pay?

The top 25% of the income earners already pay 86% of the federal income tax....and the top 50% pay for 97%....

why was in 1980 when the top income tax rate was 70%, the richest 1% only paid 19% of all the income taxes....?

do you want a plain and simple redistribution of the wealth?........"from each according to his ability, to each according to his need"....is THAT what you want?

You are confusing personal income with corporate income; a common error. Apples and oranges.  (25% and50% STATEMENT)

Why indeed do the top earners only pay 19% of the total tax revenue collected? You are validating my position that the rich get richer on the shoulders of the poor!

No, a flat tax would be great though. Say, everybody pays the same % of their earnings.

[The Troll]

                       48,000,000 jobs lost

                                   X$40,000 a year income lost

                  $1,920,000,000,000 money lost to our economy each and every year.  Think about it!

  Old PC (predatory capitalist) Henry Hawk will tell you that every time the Indianapolis Colts play in Indianapolis every dollar spent there by the people who see them play.  Generates $5.  Just think 5 to 1 profit to the city.  Just think if you put 48 unemployed back to work.

                                  $1,920,000,000,000

                                            times          $5

                  Equals      $9,600,000,000,000 back into the economy.

  PC Henry would that help the economy.?       

[Henry Hawk]

yes Troll, and I have a new idea.........I think this would be a great compromise to principals you stand on........... to let the unemployed get back to work is to let the private sector employ them....

Give them a year suspended capital gains tax (for ONE year, then reduce from 28% to 15%) to those who invest into American employment or the purchase of American goods....THIS WOULD get Americans BACK to work, (increasing federal revenue lost by the capital gains)....and stir some excitement with American made products...Wall Street would instantly have an erection....

to those who choose NOT to buy American or expand their business with American citizens....then return their capital gains to 35%...

We just spent OVER $787 BILLION nearly two years ago on a stimulus that has NOT shown much sign of any progress.......

I think THIS WOULD without a doubt not only stimulate the economy, but generate real American pride and excitement.....

vote HH for 2012.....

[The Troll]

  PC (Predatory Capitalist) Henry, where do you get all of the poison KoolAid that you drink.  You must buy it by the tanker load.

  You cry about the deficit.  But you want to incease it by cutting taxes.

  Do you really know how Capital Gain taxes work?  DO YOU KNOW HOW CAPITAL GAINS TAXES WORK?

  You pay taxes of the profit off the "SALE" of a business, houses you bought for investments, stocks and bonds.  Or anything you invested in for the short term and sell at a profit.  In other words it the taxes on the profit of using your money.  It's like a payroll tax for work.  Capital Gains tax is for the profit you make on using money instead of physical work.


  You don't pay a God damn dime in taxes on Capital Gains unless you sell.  You honestly think that someone who starts a business, runs it for 1  years, he really has to worry about paying Capital Gains Taxes.  You think he will sell his business at the end of the year.  If he sells his or her business after one year of operation, it is because he or she is bankrupt.

  Didn't they teach economics in college.  Hell, I learned the hard way, I lived it.

[Henry Hawk]

Troll, you caught me.....I have been meaning to say Corporate Tax, instead of Capital Tax...I DO understand the difference, just keep having a brain fart saying Capital Gains...we need to suspend the Corporate Taxes for ONE year...at least on the small business entrepreneur.....THAT, would stimulate the economy instantly.....then apply my logic that it only goes to those who "buy american" clause, and hiring American citizens....THEN, you get the one year break, and the reduction after one year.......

whoops, that makes quite a difference....

[The Troll]

Troll, you caught me.....I have been meaning to say Corporate Tax, instead of Capital Tax...I DO understand the difference, just keep having a brain fart saying Capital Gains...we need to suspend the Corporate Taxes for ONE year...at least on the small business entrepreneur.....THAT, would stimulate the economy instantly.....then apply my logic that it only goes to those who "buy american" clause, and hiring American citizens....THEN, you get the one year break, and the reduction after one year.......

whoops, that makes quite a difference....

  I would go along with that, but I want one thing.  The companies pay no taxes, but they absolutely do not get any deductions for anyting.  Plus they receive no government aid in any form.  No government grants.  In other words the business that take the no taxes program is cut off from the government trough.  No nothing.

  Maybe one more thing.  You take the no taxes, you can not lobby the congress or donate to any political party or voting campaign.  Absolutely nothing political.

  Yeah, I would go for this.  I really like this.  You know a company doesn't pay taxes anyway.  Any expense they have is passed along to the customer.  You know it and I know it.  Anyone who has been in business knows that.  The Corporate tax issue is a Red Herring issue anyway.  It's all bull shit.  It's all planned to get us to take our eyes off of what's really happening.

[Henry Hawk]

  I would go along with that, but I want one thing.  The companies pay no taxes, but they absolutely do not get any deductions for anyting.  Plus they receive no government aid in any form.  No government grants.  In other words the business that take the no taxes program is cut off from the government trough.  No nothing.

  Maybe one more thing.  You take the no taxes, you can not lobby the congress or donate to any political party or voting campaign.  Absolutely nothing political.

  Yeah, I would go for this.  I really like this.  You know a company doesn't pay taxes anyway.  Any expense they have is passed along to the customer.  You know it and I know it.  Anyone who has been in business knows that.  The Corporate tax issue is a Red Herring issue anyway.  It's all bull shit.  It's all planned to get us to take our eyes off of what's really happening.

IF the hawk was potus.....I would reform our tax system to a flat tax...our current tax system is a complicated failure that is keeping this economy from being what it once was...it is set up to allow those with the money to cheat its way into prosperity...the tax codes would go away along with the vast majority of the IRS.....folks WITH a family, making less than 30 or 40 grand would NOT pay any taxes....

the tax rate may have a slow increase up to those who made $250k, after that would stay the same no mater how much you make....the rich would pay more taxes, and it would be fair.

also,
1.) I would ban pork projects, that is NOT what federal tax dollars are for....those are up to the States to spend....

2.) I would make ALL federal Grants, Public....we hard working Americans have the "right" to know how the federal government is distributing grants and money, no more secret spending....

3.) I would impose TERM LIMITS...elected officials would have a limited time to serve....congress could have four terms, and senate would have two terms....

4.) Our Military would have the same "healthcare and benifits" as those in Washington....

5.) Having a mandatory cap on spending, with a set annual budget........once we exceeded our budget, a freeze on all spending would be inflicted......it woud only take ONE time for this to happen before the Americans would take elections MORE serious.

just a few thought I would be excited about to fix this economy....

[The Troll]

IF the hawk was potus.....I would reform our tax system to a flat tax...our current tax system is a complicated failure that is keeping this economy from being what it once was...it is set up to allow those with the money to cheat its way into prosperity...the tax codes would go away along with the vast majority of the IRS.....folks WITH a family, making less than 30 or 40 grand would NOT pay any taxes....

the tax rate may have a slow increase up to those who made $250k, after that would stay the same no mater how much you make....the rich would pay more taxes, and it would be fair.

also,
1.) I would ban pork projects, that is NOT what federal tax dollars are for....those are up to the States to spend....

2.) I would make ALL federal Grants, Public....we hard working Americans have the "right" to know how the federal government is distributing grants and money, no more secret spending....

3.) I would impose TERM LIMITS...elected officials would have a limited time to serve....congress could have four terms, and senate would have two terms....

4.) Our Military would have the same "healthcare and benifits" as those in Washington....

5.) Having a mandatory cap on spending, with a set annual budget........once we exceeded our budget, a freeze on all spending would be inflicted......it woud only take ONE time for this to happen before the Americans would take elections MORE serious.

just a few thought I would be excited about to fix this economy....
[/

  I am only going to talk about one thing now.  THERE WOULD BE NO FLAT TAX. 

  If some one like John Kerry and John McCain  and a whole lot of super rich peope.  Can have 6 or 7 multimillion dollar houses, yachts, fleet of new expensive cars, a jet  plane, homes overseas.  They sure can pay more in taxes.   I sure don't want them to pay the same taxes poor people pay.  They sure can pay more taxes to be able to live in this country.

  You been listen to Neal Borst, Cal Thomas and the Heritage Foundation too much.  It all a con job on the middle class.  It was made up by the rich so they wouldn't have to pay taxes.  Pure greed.