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Yes the rich/corporations HAVE to pay


Posted: Apr 9, 2011

more and yes there have to be cuts.  The rich have seen their wealth RISE AND RISE AND RISE while all the peons below them have seen their wealth DECREASE AND DECREASE AND DECREASE if they are even lucky to still have a job. Congress has taken us into war after war which costs money (and made alot money for those already wealthy too didnt it-shouldve been an excess profit tax on those war profiteering companies), there was the donut hole, TARP, GM bailout, stimulus, etc.  Those things cost money. The upper percentages have money.  The bottom doesnt. Someone has to pay down the deficit. Should it be the people who even throughout all the things I have mentioned above have seen their wealth STEADILY RISE AND RISE AND RISE...or should it be the people who barely have enough to get by or those that have none? 

When my grandma's furnace broke 10 years ago there was my mom and her brother and me and my sister who chipped in on it. Me and my sister with our young families, new houses, etc did not have as much "wealth" as my mom and my uncle. So when it came time to split up the cost guess what happened.  My mom and uncle paid a LARGER PORTION than me and my sister did.  BECAUSE THEY HAD MORE TO GIVE THEN WE COULD.

That is what needs to be done in this country.  A person who makes $3 million dollars is going to be able to pay a higher tax rate and not even notice it...a person who makes $30,000 will not only notice it..it just may break them.  Is it fair that the person making $3 million has to pay a bigger share..well considering their percentage of wealth has steadily RISEN and usually of the backs of that person who makes $30,000....YES IT IS FAIR!!!!

Same thing with the cuts...the cuts have to be to from the people who the cuts will LEAST affect.  The oil company subsidies or the WIC program.  Should there even be ANY QUESTION whatsoever which is to be cut...THERE SHOULD BE NOT EVEN A HESITATION!!!  These rich SOBs and corporations sent our JOBS OVERSEAS AND GET TAX BREAKS FOR IT.  THEY BECOME EVEN WEALTHIER.  They have destroyed the middle class yet have been rewarded for it by their wealth INCREASING and the very people who they have destroyed LOSE YET AGAIN in cuts for programs for the poor, HEAP, food stamps, etc...JUST TO GIVE THEM MORE TAX BREAKS TO MAKE MORE MONEY. Ohh but we gotta balance the budget and pay down the deficit.

There is a big problem in this country with wealth inequality and until that is changed NOTHING will get better for anyone but that top percent. BOTH parties are guility of catering to the corporations...but the Dems will throw us back the bone after they clean it off the meat...the Republicans wouldnt even pizz on us if we were on FIRE!!! But y'all just go ahead and worship the rich and say they are soooo smart and work sooo hard and deserve to make 400% than the POS lazy freeloading workers...leave their money alone.  Go ahead and scream communist and socialist and marxist. I WILL CALL IT HUMAN DECENCY!!!!   NO I WILL NOT MAKE EXCUSES FOR THEIR NEVERENDING DISGUSTING GREED AND GLUTTONY AND NEITHER SHOULD YOU!!!!!

;

Not screaming as you are, but yes, - what you are saying

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is vintage socialist/Marxist. And I know you believe it...that's obvious.

But there is a disconnect that you don't see. If you are indeed a truthseeker, then study how it is in Venezuela, how it is in Cuba, and how it is in USSR. All 3 of those countries have undergone a socialist people's revolution, brought on by people who bought the same mantra you are buying, no offense intended. Che Guevara, the great peoples' hero, he was involved in the Cuban peoples' revolution. Big-time socialist marxist was Che, and he believed the same things that you believe, and thought that when the "middle class" took over, things would be wonderful.

And what happened? The government ended up with everything, it became a dictatorship, the people were worse off than ever, and Che left Cuba a broken man, going off to try to make the idea work again in Bolivia. It didn't work there either and he died there, penniless as the day he took up the banner. Cuba today is a dictatorship, there are no programs taking care of anyone, the rich are still rich (the ones that the government allowed to keep their money, the others just joined the "poor" or went to jail)...Venezuela...same thing.

The fact is, truthseeker, it doesn't work like you want it to. Che found out, he saw it first hand. The people of Cuba know it, the people of Venezuela know it, and the people of USSR know it.

That is the Marxist way...for their plan to work they have to give people something to hate....voila, the rich. Because they have everything you want, and you want it, and if the government will take it away from them and give it to you, how wonderful that would be. The problem is...you empower the government to take it, and what happens? The government keeps it. It will never make its way to YOU.

And by reading your post, you have been reeled in hook, line, and sinker. You hate those SOBs...the Marxism has won in your case.

Not that it matters to you...but the top 5 wage earners in this country pay almost half (41%) of all personal taxes paid into the US Treasury. On top of that, most of them have charitable foundations that give millions to causes that I am sure are dear to your heart. And still, because you don't have what they have, you think they should give more. They already DO, is the point.

Oil company subsidies...both parties do that. Democrats are as in bed with oil companies as Republicans are. They just hide it better. If you are really seeking truth, Google it, and you will see that is a fact. This country consumes a lot of oil...I don't think you want to know what would happen if the folks "over there" cut off our supply. You have no idea how ugly it would get in a heartbeat.

I don't have much either, TS. I have worked hard all my life, and the fund I paid into thinking I would have a retirement has been raided by the Democrats to the point where I probably won't have it...raided to pay for OTHER programs. So am I happy about that? No. Do I blame the rich for that? No. I blame a lazy Congress that we did not watch closely enough for so long. They sold me out.

I am content with what I have; doesn't mean I don't take a part-time job to supplement if I need to.

Yes, I know a lot of people are out of work. Instead of keeping them on unending unemployment, why not keep the checks coming but put some of them to work on the infrastructure programs that Obama keeps saying he is going to start to create jobs? Surely if a union pipeline job can pay $20 an hour to a guy to carry pipe, some of those folks on unemployment could be working for those government checks getting some of that infrastructure repair started. Not all of it is specialized work.

Why not engage able bodied people who are on welfare in some of those jobs? Maybe they can learn a trade in so doing and learn to support themselves.

Let's stop throwing bad money after bad money. Hard decision time is here, and the answer is not to demand more and more and more of people who have worked hard to become successful.

If you won the lotter today and became one of the rich, I think your viewpoint might change. It is your circumstances and the exploitation of your frustration that has made you latch onto the socialist mantra. That is why they do it...it works.

I would just invite you to seek the truth of what happens after a socialist people's revolution (the intent of which is always to take from the rich and even everything out). Not a single one has ever accomplished what was promised it would.

VERY WELL SAID! - Thank you!!!

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I get so sick and tired of this rob from the rich and give to the poor crap. So many have bought this BS and it is amazing to me.

reminds - sm

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Not directed towards the OP of course, but I've heard this so many times before and it reminds me of blood-sucking leaches. Gimme, gimme, gimme. More, more, more. They truly believe that the rich hate the poor. So sad.

She placed EMPHASIS on one word. That's hardly - screaming.nm

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nm

You cannot possibly have wealth equality - sm

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People handle money differently and anyone with half a brain knows that. There are those who blow every cent they get. There are those who save. Then there are those who invest and make more money. What you want is redistribution of wealth which is unfair and is socialism. In a socialist society there is no middle class...only poor and the rich. Which one of those would you be?

Yes, our country has many problems and that blame goes equally to both political parties. See...unlike you I don't blame everything on one party because I'm open minded enough to not follow party politics and see the bigger picture.

Taxing the rich more won't do the job. There are still too many loopholes in the tax code for them to get out of paying their fair share. Tim Geithner ring a bell...didn't pay his taxes either did he (DEMOCRAT). Until those in office simplify the tax code and close these loopholes, raising taxes won't help. A flat tax is simple. Anyone with half a brain and a calculator could figure out how much they owe. The rich would pay more because they make more but we would all pay the same percentage of taxes. That is fair.

My biggest problem with entitlement programs is that the "needs" of the people have become the "wants" of the people. I've seen people buying food with food stamps who have more expensive cell phones than I do....now how does that work?

I see people on disability who can't work a job but somehow manage to get paid under the table for several small jobs they do.

I see mothers receiving WIC buying formula when their boobs would provide enough food and nutrients for their babies at no charge to anyone.

I see illegals receiving benefits from our government that shouldn't be because they are breaking the law by even being here. That is what illegal means afterall....

I've seen 2 president...Bush and Obama....raging war in the middle east over oil while ignoring the violence at our southern border.

Yes...something obviously needs to be done and some major changes need to be made. Change we can actually believe in because at this point...I've lost all hope and faith in our politicians.

You despise the rich and yet you forget our country is being run by the rich that we put into office. I don't see rich democratic politicians giving over half or 3/4 of their income away to those less fortunate and yet they say the republicans want the rich to get richer. Well...under Obama...I don't see the rich losing any money...do you?

So keep complaining about the rich and the republicans while our president goes on vacation after vacation on taxpayer dollars, etc. all the while starting an unconstitutional war in Libya with air strikes that were not approved by congress...but whatever. This is Obama. Can't criticize him. Now had Bush done the same thing....OMG.

Not EQUALITY...FAIRNESS!!! - Truthseeker

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Where the hell did I say equality. You people are seriously fine with a CEO making 24 million per year while paying employees $24,000? Unreal. How about the CEO makes $240,000. No that is not enough for them greedy MOFOs. Whatever people...you are making your beds...watch out for the fleas.

First of all....corporations are made up of - stockholders. Not all

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of those stockholders are "rich." They expect a profit and a good one so their dividend checks will be good. Many of those stockholders are elderly who have been investing for many years and want and need those dividends for retirement. Are they greedy MOFOs too?

If you were one of the greedy MOFOs making $240,000, would you agree that you should be taxed a rate 3 times higher than anyone else because you can "afford" it? I think not.

You blame the CEO, but he does not set his salary, the board of directors set his salary, and they have to answer to the stockholders whose money helped fund the company to start with.

You seem to think that CEOs set their own salaries. And as to the CEO making 24 million and the employees $24,000...there is a difference in education and experience between (fill in whatever you want here...office worker, whatever) and a CEO. Most CEOs making millions a year....this is NOT their first job. It may have taken them years to get that high up.

So, yes, you are talking about equality. You want the CEO and the employee to be making closer to the same amount of money, regardless of the education, experience level, etc. between the two. You want to "equalize" or "level the playing field" or whatever you want to call it.

If I am misunderstanding you, please tell me (without expletives and caps) what you think should happen and how this perceived injustice can be righted.
Stockholders with the most stock (richest including CEO) have the most votes - so your theory does not work
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Any way you slice it, the rich control corporations. That's fine. I have no problem with that. Rich is good!

Everyone should pay their fair share of taxes, or nobody should. Fair.
I believe you are wrong, BUT....what part of - the top 5% of wage earners
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pay 41% of all personal taxes paid into the treasury do you not understand? CEOs DO pay their personal taxes. Yes, they take whatever deductions are available, just like you do. They pay a lot higher property taxes because they have a lot bigger houses. What part of that are you missing?

Corporate taxes are a whole other ball game. That is where the loopholes are. Until the loopholes are closed, they will take them. Just like you would if you ran a big corporation and had to answer to your shareholders.

Democrats scream about rich corporations, but they have protected those loophoes (may of which they created since they have controlled the Ways and Means Committee for 44 out of the last 55 years). They say one thing, they do another.

If you look at a total of 100% and the top 5% are paying 41% of the taxes while the remaining 95% are picking up 42%, looks to me like the rich are paying their fair share and then some.

If you want corporations to pay more corporate tax then you should be telling your representatives that. And if you are serious about it, you should be supporting Paul Ryan, because he is the ONLY person in Congress right now even TALKING about closing loopholes.

So how serious are you?
My own experience with the stock that I own - see message
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I have just 100 shares of some and 1500 shares of others, etc. I get to vote accordingly. I would get to vote even if I only had 5 shares, but 5 shares or 100 shares don't add up against the big guys who own thousands of shares. That's fair. If I wanted more votes, I could buy more shares.

here - sm

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TS, you said it here:
"There is a big problem in this country with wealth inequality and until that is changed NOTHING will get better for anyone but that top percent."

I'm seriously fine with a CEO making whatever the market will allow him/her. That would be up to the shareholders to determine his pay, not the government.

Greedy MOFOs? Wow, take a chill pill or do some yoga or something.

Out of everything I said all you - come back with is

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"Where the hell did I say equality?" Seriously? Fine...you didn't say equality. Regardless what you call it...it is redistribution of wealth. Allowing government enough power to take what is earned by some and give to those who didn't earn it. How is that fair? Sounds more like theft to me.

For the record, I never said I DIDN'T have a problem with CEOs making money out the ying yang and paying employees minimal salaries.

The common misconception that some of you have is that people who aren't liberal don't want to help others less fortunate...which is a total falsehood and a load of hogwash. It is a proven fact that conservatives give more money to charities and that is how it should be. We should have the right to choose which charities we want to fund to help those less fortunate. When it is taken from you and spent wherever government sees fit...I have a huge problem with.

My biggest problem with democrats is that they stand on their soap box promising the less fortunate more and more handouts and entitlement programs just to get votes while they themselves contribute less to charities and have no problem wasting taxpayer dollars.

The saddest part is that we have gone from a country of being too proud to receive a handout no matter how much it is needed to being the first one in line crying about how they are owed and want their freebies. I need a cellphone. I need a satellite dish. I need my nails done. These are WANTS...not needs and I see too many people receiving government help for their wants instead of their needs.

You also are making your bed...perhaps you should be the one to watch out for fleas and/or bed bugs.

If you can't handle people with differing opinions, perhaps you should turn off your computer and take a chill pill before you stroke yourself out.
Redistribution of wealth is when the middle class pays taxes and others with even more money don - Let's reverse this present wealth redistribution
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All wealth is currently being funneled from the middle class (because the poor don't have any and the rich don't pay taxes) to the rich.

Let's change that wealth redistribution so that everyone pays fairly and we all do our fair share.
If the rich don't pay any taxes - sm
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please explain to me how the top 5% pays almost half of tax revenue?
Please stop spreading the lie that the - rich don't pay taxes.
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They do. 41% of the total in fact. Lying does not help your cause. It breeds less trust, not more.

equality - sm

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Was there ever a time in this country when there was wealth "equality?"

And yes, it is, in fact, called socialism, and it's a failed system of government.

Thank you, Truthseeker - Totally agree with you

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May I respectfully suggest.. - sm

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That you move yourself to one of those countries who have this system of government you so desire and see how you like it. If you don't love the United States you are free to go. It is among those freedoms you are willing to risk because of your jealousy.

ok - icedT

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Although I don't agree with socialism, as it has never proven to be successful and just creates misery, there is something I don't understand. Why are some people who want America to be a socialist country so afraid of the word socialism or socialist? If that's what you believe in, why would you hide it under the guise of social justice or some other term? That just grinds my goat when those who say they aren't socialist but actually are endorsing a socialist system of government.

Although I disagree vehemently with you, TS, thanks for the honesty.

EDIT: My first paragraph is not directed at TS but just those who refuse to call themselves socialists/Marxists.

Because we're not socialists - no1joe

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"Last year, candidate Barack Obama stood on a sidewalk in Toledo, Ohio, and first let it slip to Joe the Plumber that he wanted to 'spread the wealth around.' At that time, I have to admit that I went on TV on Fox News and publicly engaged in what I guess was some rather mischievous speculation about whether Barack Obama really advocated socialism, a premise that privately I found rather far-fetched." Bill Sammon, Fox News Washington Managing Editor. It's another catch phrase created by Fox to demonize the other side with manipulated facts to follow in order to prove their point. It worked, didn't it? People like me (and the President for that matter) are scary, aren't we? And I'm not directing that toward you. I know you keep yourself well informed, but there are many people out there who have been sorely misinformed and have been blinded enough by propaganda that they really don't care what the other side's views are. The sad part is, if they did listen to our POV objectively, we would probably wind up seeing very much eye to eye.

We're not socialists... just sick of government support of the greedy side of capitalism.

Are you including the poster who started - the thread in the

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"we" are not socialists?

Just checkin.

no - icedT

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No, socialism is not scary. I don't think people are scared of Obama or people like you. To be honest, I think if we lived next door to each other, we would have a damn good chance of being good friends. At least we would always have something to talk about! LOL

Please don't mistake disagreement with being afraid of something. I don't think those people are scared of socialism any more than the socialists are afraid of the Tea Party.

If it's not socialism and it's against the greedy side of capitalism, then are you saying it's a new form of capitalism? Like...Capitalism Lite? (kidding, but I had to throw that one in)

N1Joe, why do you assume Fox News came up with the socialism angle? The unions were around long before Fox News and Obama.

I honestly have tried, but I can't come up with one single policy that Obama has done to promote capitalism in this country. Not one.
yes - no1joe
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Again, not you, but there are some people who see my POV as scary. "Socialist" is the new version of the good old "Pinko Commie," or Pinko Commie Lite (with lemon flavoring) lol. And, over on this side of the fence, some see the Tea Party angle as scary (scary isn't the word I'm looking for, but more "scary" or fear as a reaction to being misunderstood). The media has distorted TPers to the point that many out there just don't get it and never will.

Personally (are you sitting down?), I like capitalism. However, there is a very important ingredient of capitalism (the best part, IMO) that is being warped and is in danger of disappearing through government support of corporate greed. Quite simply, that ingredient is competition. Personally, I am getting fed up with corporations (with the help of the government) effectively squeezing out, if not completely crushing, the competition while producing inferior junk products (mostly not produced in this country) that we have no choice but to buy. I want Main Street USA to be able to compete again. Does that sound socialist?
So how do you propose to fix this then? - sm
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I like what you said for the most part...I wasn't the original person you were talking to but I couldn't help but jump in.

If government supports corporate greed, how can we stop that?
Sigh... - no1joe
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I don't know. I'm not that smart. The politicians suck, both major parties suck, most of the corporations suck, and there doesn't seem to be an end in sight to it. Out of disgust, I've taken it upon myself. I am a consumer. I have a choice, and there are certain corporations that I now refuse to deal with and no longer use my money in. The biggest: Walmart. I don't do Walmart anymore; however, I'm lucky enough that I live in an area where there are still some alternatives to Walmart (and enough alternatives that there is still a competitive price). I feel bad for folks living in towns where the giant has turned Main Street into a ghost town so there isn't much choice. Even if they weren't known for crushing Main Street, I would still not do business with them because they treat their employees poorly (which, BTW, leaves those same employess eligible for food stamps/medicaid and gives them no choice but to buy the cheap junk from their own store with their small paychecks). #2 on my personal list is McDonald's. Don't get me started with McDonald's. McDonalds is more recent, but I've been McDonald's free for several months now and don't plan on going back anytime soon. There are others I don't shop at anymore, too. Another thing I do is instead of using deli counters (we were former deli owners) or bakery departments at supermarkets, I go to a local deli or bakery for my Italian bread, rolls, cakes, cold cuts, etc. If their cake stinks, I find a new bakery. That's capitalism at its finest... consumer loyalty based on quality product/service. My next step is to start frequenting farmers markets for produce and try to find produce grown by local farmers or small farms. They're hard to find though.

No one has been listening, so I just try to let my dollars (although I don't have many of them) speak for me by the way I spend them.
Welcome to my world. - Backwards Typist
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"I feel bad for folks living in towns where the giant has turned Main Street into a ghost town so there isn't much choice." Welcome to my world. Sure, we have K-Mart, Sears, Lowe's, Home Depot, Tractor Supply, but WalMart is the giant and in close proximity (gas prices $3.79 here and no jobs for DH or I).

At least we have a few locally owned bakeries and farmer's markets, but at this time of year, all we get is imported veggies. I was surprised that I bought apples from the USA, but my tomatoes came from Guatamala, my peppers from Peru or Mexico (depending on the color) but my strawberries came from the USA, too.

I also do NOT buy those individually flash frozen fish bags as they all come from CHINA but was very disturbed when my mushrooms also came from China when I lived 30 miles from the mushroom capital. I read all my labels now, even on canned goods.
No1joe, you are not alone here - just in case you thought you were
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Some of us aren't good at expressing our opinions, but we like to read what you write, because you do express yourself well. Thank you!
Promote capitalism? We already have capitalism. We're trying to fix it, not promote it - and both parties have not done well with fixing it
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The system of capitalism in our country has been abused and is sick. It is in need of serious repair. Nobody can promote it until we fix it. I don't think any other country wants to mimic what we have until we do.

How about the greedy side of politics? - sm

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I don't see politicians suffering or sacrificing much. So far I've seen money spent here and there for "shovel ready jobs" that didn't exist and still don't. I've seen stimulus money go to unions to keep union worker jobs while the private sector went unemployed. I've seen one president be ridiculed for a "fake war" with made up WMD and he just did it for the oil even though he had congress' approval and yet Obama orders air strikes on Libya without congress' approval and there is hardly a peep out of you people. Is this not about oil as well? Is it not unconstitutional to order such a thing without the approval of congress?

We have illegals coming into our country, drug cartels killing people on our own soil and killing Americans in Mexico and we are bombing Libya...yep...makes total sense to me.

But hey....promise illegal alien (you know...the ones who are breaking the law by being here) amnesty and give them government checks and you'll get more votes even though it is bankrupting some states as well as our country...but whatever.

Complain about CEOs all you want...I've never seen a greedier group of people than the politicians who run our country. You know...the politicians who won't simplify the tax code so they can continue to use all those loopholes to avoid paying their fair share of taxes as well. How many politicians have been busted for not paying their taxes? Hmmm...perhaps we should check that number out.
I just proved my point... - no1joe
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Your erratic post in response to mine sounds like a fear reaction to me. Why is this rant directed toward me? I didn't address (or even hint at my opinion concerning) anything in your post.
So any person who has concerns and - expresses them
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is having a fear reaction, huh? Nice deflection though. ;)

There is greed all around. The poor are greedy because they want what others have. The middle class are greedy because they want what others have. The rich are greedy because they wanna keep what they've got and get even more. Politicians are greedy because they will make promises to get votes instead of actually fixing things that need fixed out of fear of losing campaign funds.

So I guess greed is only bad when the rich are the greedy ones.

Deflect away...you are so good at it.
No - no1joe
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First of all, I did not deflect. That other post was the deflection. Express those concerns in the right direction without a rant, that's all. I did not deserve such a reaction since I did not state any of my opinions regarding the topics contained in that post. Why would someone do that, with a tone of aggressiveness might I add, unless they've already formed an opinion of me, a liberal, based probably on what Fox News and the like have told them to? How do you know that I don't agree with you?

Again, this proves my point.
You were talking about greed in capitalism - sm
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and the "erratic" poster...or so you called that person...was merely talking about greed elsewhere.
Actually... - no1joe
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I was talking about the catch phrase "socialist" perpetuated by Fox News with a poster I commonly disagree with, however, enjoy talking to because I know they keep themselves well informed and do not rush to judgment.

The rant to follow accused me of having no opinion or having no issue with a variety of topics I did not touch on whatsoever. Actually, I was expecting someone to rush in and defend Fox. There's still time though.
defending - icedT
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I will not defend Fox or any news organization. Sadly, they ALL have an agenda.

Wouldn't it be nice if there was a truly objective unbiased news organization on TV? Hey - I can dream, can't I?

It can be exhausting sometimes having to wade through all the garbage to get to the truth - on both sides.
Unfortunately, the Greedy Politicians = the Greedy CEOs, etc. - They eat out of the same trough
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If you talk about a greedy politician, you are also talking about the greedy guy who put him there and is keeping him there.

Because everything is perfect the way it is now - nm

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We don't want anything to change. The middle class is doing great! The wealthy have never done better, and who cares about the poor anyway, because if they were smart, they wouldn't be poor.

Socialist is not a dirty word - mbmt

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I personally am not for just a socialistic or a capitalistic government but rather for a combination like we have in the United States. If some of us on this board care about what happens to the poor and middle class and elderly and social programs that help them, does that make us total socialists? If we think the rich should be paying their fair share, does that make us total socialists? Admit it, you throw out labels in order to offend those who do not agree with you.

I agree with you completely that those with the most money need to pitch in and - pay their fair share

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Those with the most money have ways to avoid paying the taxes that the rest of us have to pay. That isn't fair. I hope there will be a way to change it.

Even if we were all paying the same tax percentage, those with the most money can afford very expensive tax accountants who find ways of calling income "investment" or some other method of not paying what the rest of us are paying.

I don't want anyone to pay more than anyone else, but I do believe that resolving this problem at the highest level of income (paying taxes as the rest of us have to do) will go a long way toward resolving our budget deficit.

Even assuming what you say is true... - government statistics

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state that the top 5% of wage earners pay 41% of all taxes that go into the US Treasury. That is almost half. So even with all the things you think they do to avoid taxes (and the middle class do it too...there are several tax credits, etc. available and they take advantage of every one of them, I have when I was eligible for any) they STILL pay almost half of what is paid in. It is not like they are paying nothing. And, as has been stated, those same upper 5%, most of them have charitable foundations who give to a lot of programs that give direct help to the middle and lower income classes.

If you want all those tax dodges and loopholes removed, they should be removed from everybody, change the tax law to 10% (or whatever figure) of income no matter how much income you make, and problem would be solved. No accountant, no matter "high powered" can take advantage of a loophole if none exists.

Then put all those IRS people you don't need anymore to overseeing existing programs to eliminate waste and fraud.

There are two things that would help the deficit and completely fair.

Let's remember that some corporations not only don't pay taxes but get money given to them - and that is just wrong

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I've been reading recently about large corporations that are getting taxpayer money given to them. They paid zero taxes. ZERO! That is just wrong. On top of that, they applied for some kind of funds and GOT paid even more! Corporate Welfare. I'm against it. If we stopped that, we would be one step closer to balancing a budget. It won't solve everything, but it will help. Unfortunately, those are the people who own the politicians.
And that right there is the biggest problem - of all
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Politicians bow to those who pay money to their campaigns. No politician is gonna take the chance of ticking off one of their biggest campaign contributors by taking a stand to make things right. This problem is in both parties.
That's absolutely right, and one big reason for all our country's problems - and will continue to be
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That obviously is not going to change. Other countries have gone down the tubes after the rich got richer and the poor got poorer.
I think it may just be a global sign of our times - but I want to believe it could change
[ In Reply To ..]
It's sad to think that we are in the same boat with all the other countries, rich getting richer, poor getting poorer, until they reach the tipping point. I think we may be very near the tipping point.
The Tipping Point---Yes, I think we are very near it - and Greed is the reason
[ In Reply To ..]
nm
If you owned a business, would you not - do everything you could
[ In Reply To ..]
to make that business profitable to enhance you and your family's income? At what point would you become greedy? When your family was comfortable but not "rich?" Would you just stop trying to make more money then and just be satisfied at comfortable?

Actually, greed is also not being satisfied with what you have and wanting something that someone else has without working to get it. That is also a form of greed. And standing in line to get it, and griping every year that it should be more...also greed.

At what point does someone become greedy? When they are making $50,000 a year but still want a raise? $60,000? $200,000? At what point, please tell me, does a person become greedy? When they get to $200,000 but take tax breaks? Then they become greedy?

I would just like to know...at what point does someone become greedy? Anyone who has more than you got it by being greedy?
I do own my own business and I pay my taxes responsibly - wish the big guys did
[ In Reply To ..]
The smaller businesses like mine don't have some of the tempting methods of avoiding taxes that the big guys do, of course.

Greedy in my own situation is if I cut the wages of those who work for me while I continue to make more profits than ever. So far I have fought off that temptation should it ever arise. LOL.
Right there with you, and let's stop giving - money to nonprofits
[ In Reply To ..]
who are running record profits. The deficit is at 14 trillion now and climbing. Should we be be giving then taxpayer dollars? NO. Defund Planned Parenthood. If you jump on that band wagon I will be much more likely to jump on the corporate one.

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