Biden: Wealthy Americans Must Pay More Taxes to Show Patriotism

[duece212 5,000+ posts]

So what happens when they lay off people? They lose productivity, and lose profits, so why not just layoff someone everyday until they end up with just the owner left, making huge profits because he doesn't have to pay any salaries? Obviously its not a linear thing, and each additional employee gives less and less marginal benefit, but if they are already over the break even point, they'd have started firing people already

They layoff people and work the remaining to the bone and/or start pulling benefits. Agreed they cannot layoff people forever but they will not quit until they reach their absolute breaking point...at which point tons of employees are already affected.

Corp taxes are not a freebie, it will be on the backs of employees

 

[eggyhustles 10+ year member]

I mean is it really that much to ask for the top 5% of our country to shoulder a little more of the taxes to aide in providing

a better country for us all. From my perspective, it seems so selfish to say "Well I earned all this money and I shouldn't

have to bail anyone out. They should make better decisions."

 

[duece212 5,000+ posts]

you got some change i can get? i'm trying to get some KFC original chicken strips for $3.99

paypal?

 

[jco1385 5,000+ posts]

paypal?

sure...

 

[Banana Balls 5,000+ posts]

So what happens when they lay off people? They lose productivity, and lose profits, so why not just layoff someone everyday until they end up with just the owner left, making huge profits because he doesn't have to pay any salaries? Obviously its not a linear thing, and each additional employee gives less and less marginal benefit, but if they are already over the break even point, they'd have started firing people already

There is a lot more to economics than supply and demand.

 

[duece212 5,000+ posts]

I mean is it really that much to ask for the top 5% of our country to shoulder a little more of the taxes to aide in providing
a better country for us all. From my perspective, it seems so selfish to say "Well I earned all this money and I shouldn't

have to bail anyone out. They should make better decisions."

Top 5% pay over 50% of the tax burden...you need to come up with something different because that "they just don't give enough" isn't working

 

[eggyhustles 10+ year member]

Top 5% pay over 50% of the tax burden...you need to come up with something different because that "they just don't give enough" isn't working

You guys need to understand that if the country ran the way you want it to, we would all be on the streets.

You live in this country, you have been taking advantage of government spending all your life, you are taking advantage of government spending right now, and you will continue to do so for as long as you live. If the government did not tax higher earners more, they wouldn't be able to raise enough revenue to run the country.

The motivation behind not raising taxes is not because it's morally/unethically wrong. The government raises and lowers taxes to produce revenue. That's it. The government is low on revenue right now, so taxes will go up. Regardless of who becomes President. Anyone who doesn't think McCain will raise taxes also is a fool.

So all that "why should I pay more when I work harder" is sensationalist BS. Go start a country where the rich aren't taxed more heavily than the poor, and see how much money you'll lose.

 

[duece212 5,000+ posts]

You guys need to understand that if the country ran the way you want it to, we would all be on the streets.
You live in this country, you have been taking advantage of government spending all your life, you are taking advantage of government spending right now, and you will continue to do so for as long as you live. If the government did not tax higher earners more, they wouldn't be able to raise enough revenue to run the country.

The motivation behind not raising taxes is not because it's morally/unethically wrong. The government raises and lowers taxes to produce revenue. That's it. The government is low on revenue right now, so taxes will go up. Regardless of who becomes President. Anyone who doesn't think McCain will raise taxes also is a fool.

So all that "why should I pay more when I work harder" is sensationalist BS. Go start a country where the rich aren't taxed more heavily than the poor, and see how much money you'll lose.

You just aren't getting it...THE RICH ARE TAXED MORE THAN THE POOR CURRENTLY...buy a huuuuuuge margain

Wouldn't growing the economy broaden the tax base as well? Maybe we should look at what will grow the economy...not kill it.

 

[Rashaddd 5,000+ posts]

There is a lot more to economics than supply and demand.

I had no idea it wasn't limited to the most basic, obvious, surface concept there is regarding it.

Thank you for opening my eyes

 

[Banana Balls 5,000+ posts]

I had no idea it wasn't limited to the most basic, obvious, surface concept there is regarding it.
Thank you for opening my eyes

Hey, you're the one that asked the retarded question, not me.

 

[eggyhustles 10+ year member]

You just aren't getting it...THE RICH ARE TAXED MORE THAN THE POOR CURRENTLY...buy a huuuuuuge margain
Wouldn't growing the economy broaden the tax base as well? Maybe we should look at what will grow the economy...not kill it.

I am getting it. The rich STILL need to pay more until this country gets back on it's feet, which is what you aren't getting

 

[jco1385 5,000+ posts]

there should be a "give jco your spare change" tax.

if i was president, there would be //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

when Obama wins, this will happen

 

[Speedbump3]

I am getting it. The rich STILL need to pay more until this country gets back on it's feet, which is what you aren't getting

That is just retarded.

 

[Flipx99 5,000+ posts]

Instead of raising taxes, how about cuttin spending?

What a novel thought.

 

[jco1385 5,000+ posts]

ludacris