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dreamdancer

The Beast Is Starved: Welcome to the Next Great Depression

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you're saying there is 'class warfare' - but think it should just 'stop'. yes?



Our country is indeed being politically divided along income lines, and this division is threatening our future. Of course I think we'd be better off with less blame-shifting and less hate-mongering.



Tell me this Captain Stan, do you believe that wealth isn't a factor in determining the candidates on the ballot?
I'm not just reffering to a candidates wealth but the wealth of individual and coporate backers.

If you do believe that wealth is a determining factor of who gets on the ballot, what hope is there for those of limited economic means to trully be represented in the government?

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***, I'm guessing that lower income tax has a greater positive effect than inflation's negative. But OTOH, I'm told that about half of US households pay no income tax anyway,
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What effect would inflation have on these households that pay no income tax and therefore recieved no tax cut? Would they be paying more tax hidden as inflation?

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Tell me this Captain Stan, do you believe that wealth isn't a factor in determining the candidates on the ballot?
I'm not just reffering to a candidates wealth but the wealth of individual and coporate backers.



I believe that the US has the best voters that money can buy. Should I blame the big-budget advertisers for the ignorance and narscism of the electorate?

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what hope is there for those of limited economic means to trully be represented in the government?



Hope? Every adult citizen has the right to vote. Winston Churchill said that the best argument against democracy is a five-minute conversation with the average voter. We're proving him right.

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Tell me this Captain Stan, do you believe that wealth isn't a factor in determining the candidates on the ballot?
I'm not just reffering to a candidates wealth but the wealth of individual and coporate backers.



I believe that the US has the best voters that money can buy. Should I blame the big-budget advertisers for the ignorance and narscism of the electorate?

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what hope is there for those of limited economic means to trully be represented in the government?



Hope? Every adult citizen has the right to vote. Winston Churchill said that the best argument against democracy is a five-minute conversation with the average voter. We're proving him right.



Let me put this another way for better understanding.

If the mice only have the option of voting for fat cats, do the mice actually have a chance of being represented in the government?

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***What effect would inflation have on these households that pay no income tax and therefore recieved no tax cut? Would they be paying more tax hidden as inflation?



Sure they would. This kind of tax (inflation) effects everyone portionately. What could be more fair? Are they complaining that zero income tax is unfair to them because they suffer from inflation, and even this to a lesser degree than those who are more affluent? OK, but I still don't feel sorry for them

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you're saying there is 'class warfare' - but think it should just 'stop'. yes?



Our country is indeed being politically divided along income lines, and this division is threatening our future. Of course I think we'd be better off with less blame-shifting and less hate-mongering.



all the rich have to do is take their tax increases like good citizens and all will be fine...



Tell you what, make, oh, $10,000,000, give it to the Government, then get back to me.

If you put your money where your mouth is, you might have some hint of credibility. Otherwise, you are just talking out your ass (though that may well be the point, all things being considered).


BSBD,

Winsor

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you're saying there is 'class warfare' - but think it should just 'stop'. yes?



Our country is indeed being politically divided along income lines, and this division is threatening our future. Of course I think we'd be better off with less blame-shifting and less hate-mongering.


all the rich have to do is take their tax increases like good citizens and all will be fine...


Tell you what, make, oh, $10,000,000, give it to the Government, then get back to me.

and when exactly did you stop beating your wife ;)
stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

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What effect would inflation have on these households that pay no income tax and therefore recieved no tax cut? Would they be paying more tax hidden as inflation?



No, if their income didn't change, they would be paying less income tax, due to inflation. This is completely irrelevant to their loss in purchasing power.

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you're saying there is 'class warfare' - but think it should just 'stop'. yes?



Our country is indeed being politically divided along income lines, and this division is threatening our future. Of course I think we'd be better off with less blame-shifting and less hate-mongering.


all the rich have to do is take their tax increases like good citizens and all will be fine...

Tell you what, make, oh, $10,000,000, give it to the Government, then get back to me.

and when exactly did you stop beating your wife ;)

Nice try. I did not ask a compound question, I just pointed out that you are talking out your ass.

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you're saying there is 'class warfare' - but think it should just 'stop'. yes?



Our country is indeed being politically divided along income lines, and this division is threatening our future. Of course I think we'd be better off with less blame-shifting and less hate-mongering.


all the rich have to do is take their tax increases like good citizens and all will be fine...


Tell you what, make, oh, $10,000,000, give it to the Government, then get back to me.

and when exactly did you stop beating your wife ;)

Nice try. I did not ask a compound question, I just pointed out that you are talking out your ass.

and you're one clue short of a crossword puzzle?
stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

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you're saying there is 'class warfare' - but think it should just 'stop'. yes?



Our country is indeed being politically divided along income lines, and this division is threatening our future. Of course I think we'd be better off with less blame-shifting and less hate-mongering.


all the rich have to do is take their tax increases like good citizens and all will be fine...


Tell you what, make, oh, $10,000,000, give it to the Government, then get back to me.


and when exactly did you stop beating your wife ;)

Nice try. I did not ask a compound question, I just pointed out that you are talking out your ass.

and you're one clue short of a crossword puzzle?

It strikes me that arguing with a bot is an exercise in futility.

Artificial intelligence is not particularly intelligent.

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back on topic :)

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For the past two years, Americans have repeatedly told pollsters that they support higher taxes on the rich as a way to reduce the deficit. A Washington Post poll last month, for instance, found 72 per cent supported raising taxes on those earning more than $250,000.

The battle over whether to cut spending or raise taxes predates the birth of Elvis. But for decades, compromise was found between the Democrats’ support for social spending and the Republican desire to lower taxes, particularly on the rich.

That changed in the mid-1990s, with the rise of a more radical, aggressive Republican flank. Led by Newt Gingrich and backed by big corporate money, these radicals adopted a no-compromise approach, obstructing all Democratic efforts to enhance social spending, while relentlessly pushing for ever lower taxes, regardless of the impact on the deficit.

Since then, the Republicans have grown ever more extreme, intransigent — and flagrantly indifferent to the public good.

Once the party of Eisenhower-style moderation and fiscal restraint, the Republicans have become the party of big deficits — mostly due to tax giveaways for the rich.

Inheriting a surplus, George W. Bush added $5.07 trillion to the debt, primarily due to his tax cuts and secondarily to his wars, while Obama has added just $1.44 trillion, mostly fighting the recession, according to data from the Washington-based Center on Budget and Policy Priorities.



http://www.commondreams.org/view/2011/08/02
stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

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***What effect would inflation have on these households that pay no income tax and therefore recieved no tax cut? Would they be paying more tax hidden as inflation?



Sure they would. This kind of tax (inflation) effects everyone portionately. What could be more fair? Are they complaining that zero income tax is unfair to them because they suffer from inflation, and even this at a lesser rate that those who are more affluent? OK, but I still don't feel sorry for them



I'm not asking you to feel sorry for anyone.

The fact of the matter is that our current tax structure and economic policies have taken more of a toll on the less than wealthy than the wealthy.

Let's consider someone who makes 30,000 a year and is *just getting by*,
They are able to cover all the bills , buy sufficient quantities of food, and have a modest amount leftover for savings and recreation.
Someone who makes 100,000 is able to do all the person with 30000 does and then has 60000 left for non essentials.
Someone who makes a million has enough to do what the 30000 income earner does and has 970,000 left for non essentials.
Someone who makes 20,000 a year isn't making it at all.

Who of this group do you believe is most affected by inflation?

Whose standard of living would most be affected by a 10% across the board tax increase?

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Who of this group do you believe is most affected by inflation?

Whose standard of living would most be affected by a 10% across the board tax increase?



Probably the family with 20k of taxable income who just saw their taxes increase by 2000 due to your '10% across the board' tax increase.

(edited to clarify)
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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I'm not asking you to feel sorry for anyone.



Then exactly what is your point?

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Who of this group do you believe is most affected by inflation?

Whose standard of living would most be affected by a 10% across the board tax increase?



Better question: After 40+ working years of paying taxes and watching the middle/lower classes bring about their own demise, why would I care?

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Who of this group do you believe is most affected by inflation?

Whose standard of living would most be affected by a 10% across the board tax increase?



***Probably the 20k family who just saw their taxes increase by 2000 due to your '10% across the board' tax increase.



Fail. The 20000 family wasn't paying any income tax 10% of zero is zero.

The 30000 family is paying taxes and just getting by. A tax increase on their meager income whether overt in income tax or covert in the form of inflation will move them from *just getting by* to not making it.
Those groups with large amounts of disposable income won't be as greatly affected.

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Agreed - the 30k family will be most affected by your 10% increase. I was looking at taxable income, not total.

Coming to some sort of point OTHER than "ZOMG it's not fair", eventually?
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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If the mice only have the option of voting for fat cats, do the mice actually have a chance of being represented in the government?



***Enter the community organizer.



So if the mice only have the option of voting for a fat black cat or a fat white cat, do the mice actually have a chance of being represented in the government?

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So if the mice only have the option of voting for a fat black cat or a fat white cat, do the mice actually have a chance of being represented in the government?



Is that a rhetorical question? Do you have any point? Are you ranting against the affluent or against the entire system? Are you advocating anything specific? Are your thoughts comprehesible in any way?

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So if the mice only have the option of voting for a fat black cat or a fat white cat, do the mice actually have a chance of being represented in the government?



Is that a rhetorical question? Do you have any point? Are you ranting against the affluent or against the entire system? Are you advocating anything specific? Are your thoughts comprehesible in any way?



What I'm saying is that if the less than wealthy have no hope for representation then they are not required nor should they be expected to support the government or abide by any of it's laws, rules, or regulations.

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What I'm saying is that if the less than wealthy have no hope for representation then they are not required nor should they be expected to support the government or abide by any of it's laws, rules, or regulations.



The problem is not so much a matter of "no hope" but rather one of "false hope" as in "hope and change."

I agree that such civil disobedience seems inevitible. In 1776 it was about freedom to succeed or fail. Today it's about entitlements. I don't see any possible outcome other than anarchy, which may or may not be an improvement. Good luck with that anyway.

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What I'm saying is that if the less than wealthy have no hope for representation then they are not required nor should they be expected to support the government or abide by any of it's laws, rules, or regulations.



The problem is not so much a matter of "no hope" but rather one of "false hope" as in "hope and change."

I agree that such civil disobedience seems inevitible. In 1776 it was about freedom to succeed or fail. Today it's about entitlements. I don't see any possible outcome other than anarchy, which may or may not be an improvement. Good luck with that anyway.



I am thinking that 1789 is far more applicable. Those eating the cake are going to be in for a really bumpy ride.

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Right now families up to about 50k (the median) have no federal tax liability due to child and 'making work pay' tax credits. Boosting their tax rate 10% would leave the 50k family owing about $250 a year. Lower incomes will still owe zero.



How much more disposable income does a family that makes $500,000 per year have over a family that is squeaking by on $50,000 per year.

Is it possible that while the $50,000 a year has no money left to buy political influence the $500,000 dollar a year family has as much as $450,000 dollars to purchase political influence?

Whose interests do you think would be best served by the government considering that scenario?

If the wealthy control the government how long do you think it will be before the people revolt against the government and the wealthy?

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