quote:

ORIGINAL: Charles6682

Billionaires wont be creating jobs thats for sure.They are going to be buying locks for their doors and chain linked fences.Security alarms and more pit bulls.Then they stuff the rest of their money away and laugh at the homeless guy who is dieing on the streets.They will probaly kick a few puppies around and throw cats by their tails.They are all at the Country Club right now laughing at how stupid trailor park white trash Americans are voting for racist narrow minded Republicans that only care about their billionaire butt hole buddies.

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ORIGINAL: JstAnotherSub

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ORIGINAL: Charles6682

Billionaires wont be creating jobs thats for sure.They are going to be buying locks for their doors and chain linked fences.Security alarms and more pit bulls.Then they stuff the rest of their money away and laugh at the homeless guy who is dieing on the streets.They will probaly kick a few puppies around and throw cats by their tails.They are all at the Country Club right now laughing at how stupid trailor park white trash Americans are voting for racist narrow minded Republicans that only care about their billionaire butt hole buddies.

You could just use the one word ignorant there, rather than keep spouting your hatred of folks who are "white trash and living in trailer parks".

There are plenty of folks in the south, that are probably poor white trash to you, that are not racist narrow minded idiots.  Many folks do the best they can, and that is the best they can afford, whether in trailer parks here or in the projects up north.

Change what you typed to "stupid, project living, black ass, racist, narrow minded Americans, who only vote for the likes of Jesse Jackson" and everyone on here would be reporting you for racism.

Merry Christmas, asshole.

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ORIGINAL: Charles6682

Billionaires wont be creating jobs thats for sure.They are going to be buying locks for their doors and chain linked fences.Security alarms and more pit bulls.Then they stuff the rest of their money away and laugh at the homeless guy who is dieing on the streets.They will probaly kick a few puppies around and throw cats by their tails.They are all at the Country Club right now laughing at how stupid trailor park white trash Americans are voting for racist narrow minded Republicans that only care about their billionaire butt hole buddies.

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ORIGINAL: Charles6682
Hey Billionaires,come to FloriDUH!They love for Billionaires to come here and ruin the middle class.No state income tax.Your new Governor,Rick Scott,is just like you.He ripped off the taxpayers of Flordia and now hes the rich governor of FloriDUH.Go figure.FloriDUH loves crooks down here.You can start your own $3.00 company and the workers will have no rights.Dont worry about the union's,FloriDUHs too stupid to appericate them.Hell,I hear FloriDUH is giving tax breaks for people to buy YACHTS!!!Hell,it dosent get any better than that.FloriDUH loves to have the little guy bend over so you Billionaires can come and fuck them in the ass!

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ORIGINAL: DarkSteven

All right.  Here's the story....

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ORIGINAL: MrRodgers

Why would anyone need to change the statement to mean something else entirely.

The statement was 'stupid trailer park, white-trash Americans.' The other references were of whom some voted for, i.e., racist narrow minded Republicans that only care about their billionaire butt hole buddies.  ...not the voters.

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ORIGINAL: BonesFromAsh

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ORIGINAL: DarkSteven

All right.  Here's the story....

Steven, was this in response to my post?

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ORIGINAL: slave4bull2

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ORIGINAL: LadyConstanze

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ORIGINAL: Charles6682

Hell,I hear FloriDUH is giving tax breaks for people to buy YACHTS!!!Hell,it dosent get any better than that.FloriDUH loves to have the little guy bend over so you Billionaires can come and fuck them in the ass!

Have you considered that those yachts are sold in Florida and a lot of them are actually made in Florida. So by giving people tax breaks to purchase them, you are creating jobs for people working on them, then they will need maintenance, staff, all that, it creates jobs...

The company I work for is looking to open a US branch, they will go to Florida due to the tax breaks there, which means they will invest in Florida and not in another state, they'll have an office there and all that, which will be staffed by largely local people. So the tax breaks actually do create jobs. It makes so much more sense than keeping companies away with high taxes.

Ok........how do you explain the fact that the tax rate in the late 50's and early 60's was 85% for the top income brackets? And that all of this posturing and squalling is about putting the Tax rate back to 38% for that bracket, that's what it was during the Clinton boom years of the 90's. Were there no Yacht sales then? Living in S Florida for most of my life and in the Ft Lauderdale area during that exact time, I can tell you there were no shortage of Yacht sales. Here is what is happening right now: A very, very small handful of Wall Street bankers and investors basically brought the entire financial world down around us all. WE..and that is all of us...bailed them out. With borrowed money. We borrowed money to bail out billionaires, it really is that simple. Now...they have sold this bill of good that...if only they get just a little more of a tax break..if we give them just a bit more at the expense of the other 98%...they will make it ALLLL better for everyone again. Fox news and the extremely wealthy talk show mouthpieces of the far right have done a great job selling this to the masses. So here we are, having a discussion about 3% points for the top 2%, that did not exist before 2000. Remarkable.  By the way Lady C, notice how I HAVE NOT name called you here.  I am very capable of conducting a civil conversation. I treat everyone the way they treat me, its not anymore complicated than that.

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ORIGINAL: LadyConstanze
... if you raise taxes for them, they will simply get out of the country and settle somewhere else, you know

[etc]

Why do you think that some of the countries who have the lowest taxes are also the wealthiest countries and even their poor are better off?

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ORIGINAL: DarkSteven


2. The wealthy will save a greater percentage of income than the poor, many of whom have already spent more than they have (e.g., payday loan places). (That's one of the things that helps keep people rich. You spend a dollar when it will bring back 5)

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ORIGINAL: barelynangel

Real Americans to fix it?  Is this how you fix it by whining cause 1% of millions of people are spending money in a way to don't like, and those people they are speaking about not ALL of them are Americans.  Believe me, you don't want the upper wealthy of this country leaving.  Oh wait, many already are and well you are bitching because the money isn't getting spent in the US so jobs can be created.  Sorry but billionaires are NOT the people who will fix the job issue in this country, the PEOPLE are -- ALL of them.   Instead of sitting back saying okay you rich people quit spending your money on things i think you shouldn't and support me, you start this FIX you think REAL AMERICANS will do once the wealthy are gone.  What's stopping you?  oh are you saying you can't?  You are soo oppressed and have nothing and can't do anything etc.  Poor helpless you.  Let's just whine about how people are spending their OWN money.  Perhaps we should look at YOUR funds and determine if YOU are spending frivilously, i mean after all what is good for the goose...

angel

angel

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ORIGINAL: slave4bull

Its called a level playing field, toots. A sytsem that GIVES, yes GIVES a 100 billion dollar tax break to oil companies like Exxon/Mobil so that the retiring president can get a 250 million dollar retirement package is NOT a level playing field.

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ORIGINAL: Hippiekinkster


It's not a question of turning a profit. They can do that. Offshoring is all about maximizing profit. The notion that the sole function of a corporation is to maximize the return on investment for shareholders has become so ingrained that many people believe that it is against the law for a corporation NOT to do so.

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ORIGINAL: slave4bull2

Ok........how do you explain the fact that the tax rate in the late 50's and early 60's was 85% for the top income brackets? And that all of this posturing and squalling is about putting the Tax rate back to 38% for that bracket, that's what it was during the Clinton boom years of the 90's.

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ORIGINAL: DarkSteven

All right.  Here's the story.

Back when Reagan was President, he created the idea of "trickle-down".  The theory was that, since the wealthy have the means to create companies and therefore jobs, the key to job creation is to give the rich more money.

So they got more money and they spent some and held on to some of it.

The simple truths are:

1. Companies do not hire because they have extra money and can't figure out what to do with it except to hire.  They hire because they need more people to produce product or service.  In other words, the jobs are created by market demand, not excess capital.
2. The wealthy will save a greater percentage of income than the poor, many of whom have already spent more than they have (e.g., payday loan places).  So giving extra cash to the wealthy will not stimulate the economy as much as giving it to the less well off.
3. Bush 43 gave tax cuts to everyone.  Result: deficit ballooned, unemployment rose, the gap between rich and poor widened.

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ORIGINAL: BonesFromAsh


So, the rich get richer and the poor get poorer...who starts the change? .

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ORIGINAL: AnimusRex


[First of all, taxes in America are at historic lows; taxes as a percentage of income, as a percentage of GDP, are all lower than they were in the 1950s and 60s; That is to say, the period in our history when we had much larger taxes, and much more taxation of the rich, were also the periods when we experienced the greatest explosion of middle class prosperity and stability than ever before or since.

But the bigger picture is this notion that rich people do all sorts of wonderful things with their money; they don't do anything better with it than the rest of us. They invest, we buy; its the flip side of the same coin. If the middle class stops buying, there isn't any point in investing, now is there? Who would hire more employees if the middle class is impoverished?

Secondly, the idea that high taxes drive away the rich is nonsense.

Taxes are like rents, or labor, or any other cost of doing business. When a company decides where to locate, they take into account all these factors, and see if it pencils out for them.

Here's an example;

Manhattan, New York, has some of the highest rents, highest labor costs, and highest taxes of anyplace in the world.
Manhattan, Kansas, has much lower rents, labor, and taxes.

So which place would financial services companies choose to locate? No brainer, right? Smart money would flock to Kansas, and leave behind NY.

Except the evidence shows otherwise- all the largest financial services companies are located in Manhattan.
The reason is that despite the high cost of doing business in New York, it pencils out for them; they get access to the large pool of highly educated employees, good quality infrastructure, and so on.

So this stuff about cutting taxes to lure business is nonsense, if it is looked at in isolation; we need to ask ourselves, what does the total picture look like for businesses to operate in-

Do we provide a society of empowered consumers, who have good paying jobs to buy the shit that busineeses produce?
Do we provide high speed transportation infrastructure- rails, air, highways? Are they fully funded and kept in good condition?
Do we provide a stable society of a middle class, free of unrest and crime?
Do we provide good schools, to create a large pool of trained employees?
Do we provide public utilities- electricty, telephones, gas, sewer, water, etc.?

All these things are provided by the state- these are all benefits that rich people and businesses need and take advantage of.
Taxes are simply the price tag, the cost of creating the societal infrastructure that feeds the business community. As long as businesses see that whet they get in return for taxes is balanced out by the taxes to provide them, they will stay.

So thats the "utiltiy" argument; that a proper and reasonable balance of taxes and services is vital to creating a healthy economy.

But there is something deeper in your post that is disturbing; the notion that we need to treat rich people differently, better than the rest of us, because they "provide jobs"

This is a flat out contradiction of the most fundamental principle of America; the principle that the People are in control of their destiny, and that the People make decisions, based on the good of the nation.

What you are arguing, intentionally or not) is similar to feudalism, where the rich control the economy, and graciously "provide jobs" as a noblesse oblige, a sort of kindly gift of employment bestowed upon the rabble, who are supposed to be grateful for the kindness.

Rich people do not create jobs; Consumers create jobs, and through our buying power we create the rich themselves.
Society exists to serve the People, for the benefit of the People, and it is the rich who should be grateful to us for creating their wealth, not the other way round.

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Secondly, the idea that high taxes drive away the rich is nonsense.