Sen. Bernie Sanders is the man

[corinthian]

he really puts it down, realer than real.

 

[fillyacup]

a calm lewis black

 

[fillyacup]

all jokes aside about time someone speaks on this about this. major props to ol boy but what will it do? noone will get behind him because there is money to be made. he will soon pass away from a "heart attack"

 

[coondogg26]

this guy acts like only the super-wealthy were helped by the Bush Tax cuts, which just isn't true

Increase the tax rates for families who have income above $500,000

but there is no reason why a family who makes $200,000 a year should have a lower tax rate than a family who makes $251,000

 

[fillyacup]

to thin of a line

 

[Legman]

"Land of The Greedy, Home of The Slave"

 

[coondogg26]

for real tho

Tax is my profession so it just pisses me off when people are ignorant about it

 

[ColdBlooded]

Socialist

 

[corinthian]

TAX CUTS FOR THE RICH EXTENDED, FUCK YES!!

 

[corinthian]

http://community.nytimes.com/comments/www.nytimes.com/2010/12/06/opinion/06krugman.html?sort=oldest

Read this on the NYT´s opinion page to one of Dr Krugman´s rants

I am a CEO and someone who makes a lot of money.

If you are going to lead a company, there is no substitute for strong leadership. Part of being a strong leader is to take risks. There is an old saying that "there can be no breakthrough without a breakup". Unless a leader is willing to stand up for the long-run, call a competitors bluff, live with the short-term pain of the breakup, and be confident that taking a hard line stand will eventually lead to a breakthrough, they will never last in the top job.

As a high wealth earner I have three points I would like to make to Washington. One is that after my first $ 250,000 I just in invest my money into banks. While that my be good for banks, it does nothing for the economy's ability to create a multiplying effect because I am not going to spend the additional money on consumption.

The second is that I would would gladly have my marginal tax rates be higher so that the 99% of Americans with only 75% of the nation's wealth can prosper. I am not saying I academically believe in a progressive taxation. I am saying, that I can't make more money, if there is no thriving middle class to buy things I make.

Finally I am anti-government spending. More to the point I am against throwing too much money into too many pots. What I want is a national government to set strategic goals, and make a small amount of infrastructure investment bets that will eventually lead to long term growth.

The mythology of free enterprise alone leading to national wealth growth is an urban legend. The Erie canal that connected the Atlantic Ocean to the Great Lakes turned Manhattan from an island port to the world's financial center. No canal, no skyscrapers, no free enterprise.

The same can be said by the North building a railway and telegraph system that defeated the South, kept the Union in-tact and was used by free enterprise to productively exploit western expansion. FHA and the GI Bill provided free enterprise with an unprecedented educated middle class to exploit. The national interstate highway was built, despite the national debt being 60% of GDP, allowed suburban expansion and better supply chains. Finally the Apollo program led to many inventions we use today. Most impressive though was the inspiration of a generation to become engineers and become the world's greatest inventor.

In each case, came targeted government investment and then free enterprise and wealth creation of everyone.

Today all we are doing is arguing about how a fixed amount of wealth should be distributed, instead of targeted investment for long-term wealth creation. The next big thing is a world class infrastructure and green jobs. A nation like China has the political will to win this race in a flat world. While the U.S. is still fighting 20th century battles.

Until everyone understands that one percent of us, have 24 % of the nation's wealth and are not going to spend it. Until everyone understands that wealthy people have a vested interest in a vibrant middle-class and is more than happy to pay higher taxes to achieve it. And until we realize we need a federal government to be the chief national investor instead of the chief national spender, Rome will continue to burn.

 

[Luscious7ew]

Props to this man.. he hit the nail right on the head.

Tell me this... How does all the money these celebrities, athletes, CEOs, etc. have, contribute to the rest of our economy? They have millions and millions of dollars, but are they creating jobs and spending that money? No, they are not. Its sitting dormant and not being distributed in the market.

The wealth of this nation has become way too lop-sided. No longer is there a middle class. You are either impoverished, scrapping by, or well off. When that large of a percentage of the economy is held by such a small minority of the common wealth, it is impossible for our economy to grow and our national debt to decrease.

Fuck the wealthy, greedy motherfuckers.

 

[fillyacup]

funny thing..i asked some "conservatives" about what your saying 7, what they had to say was that they are rich and earned it, so why do they have to pay more?


ARE YOU FUCKING SERIOUS? i asked them and what the fuck has that mentallity done for you? what have your rich conservative or fuck it, even any party done for YOU as a person. how has your party affiliation bettered your life?

i'm going to start hitting these idiots with gang prevention tactics breh

 

[Luscious7ew]

Regardless of if they earned it, u can garnett if I made money like they did, fuck making it rain, id be making money monsoon.

It doesn't matter what side of the aisle you are on... its basic principles of the economy

Say 100 people buy a product. The company that makes that product keeps the money, lowers the quality of product to produce more, selling more goods to consumers. Those consumers spent their money on the product. If the money they spent is staying in one place, how is that money being returned in the economy to secure those jobs the consumer's require to buy goods, and create new ones to create new potential buyers?

People are making hella amounts of money these days and the cycle of wealth is not cycling... its a one way street... to the top where greedy people will hold onto it.

 

[5-Dime NwK]

Tax should be a set rate, for example, say income tax for everyone is 1%. Thats fair weather you make 50,000 a year or 50,000,000 a year. Sure the rich pay more, but the rich can afford more. Greed is the fall of every great nation.

 

[ColdBlooded]

 

[Black Widower]

That's some of the realest shit i heard from a politician

 

[ChittyBang]

this guy acts like only the super-wealthy were helped by the Bush Tax cuts, which just isn't true

Increase the tax rates for families who have income above $500,000

but there is no reason why a family who makes $200,000 a year should have a lower tax rate than a family who makes $251,000

500,000 SHIT NOT MANY PEOPLE MAKE 500,000 MUCH LESS 200,000 ON SOME REAL SHIT WHEN I WAS GROWING UP IF MY POPS MADE 30,000-70,000 A YEAR "LEGALY" WE THOUGHT WE WAS BALLING, IF I MAKE 35,000 A YEAR (LEGALLY) IM GOOD, SO FOLKS PULLEN 200,000 SHOULD BE TAXED MORE IMO, ME PERSONALLY BESIDE A SIDE HUSTLE 50,000 STACKS MORE IS MORE THAN ALOT OF PEOPLE MAKE IN TWO YEARS TAX THE RICH FUCKS, & I DONT MEAN GIVE MORE MONEY TO LAZY PEOPLE, BUT PEOPLE WHO BUST THERE ASS WITH HARD WORKING JOBS GIVE EM TAX CUTS

 

[BOOBOO619]

Whether the rich truely deserve their money or not, fact is this economy has gotten way too complex to handle. Way too much coruption and greed. I don't see it fixing itself anytime soon.

The world just sucks right now, period.

 

[coondogg26]

500,000 SHIT NOT MANY PEOPLE MAKE 500,000 MUCH LESS 200,000 ON SOME REAL SHIT WHEN I WAS GROWING UP IF MY POPS MADE 30,000-70,000 A YEAR "LEGALY" WE THOUGHT WE WAS BALLING, IF I MAKE 35,000 A YEAR (LEGALLY) IM GOOD, SO FOLKS PULLEN 200,000 SHOULD BE TAXED MORE IMO, ME PERSONALLY BESIDE A SIDE HUSTLE 50,000 STACKS MORE IS MORE THAN ALOT OF PEOPLE MAKE IN TWO YEARS TAX THE RICH FUCKS, & I DONT MEAN GIVE MORE MONEY TO LAZY PEOPLE, BUT PEOPLE WHO BUST THERE ASS WITH HARD WORKING JOBS GIVE EM TAX CUTS

why? Seriously, why?

The simple fact of the matter is, is that the VAST majority of people have no idea how taxes actually work.

 

[fillyacup]

where does it go? i mean, is it going to schools? is it going to pay back out debts to china? where does it go? i agree that everyone get taxed a set percentage of what they make..only fair



fuck your fair, life isnt