A Voice From the 1%
dailykos.com
A Voice From the 1%
1–10 of 12 posts
Re: A Voice From the 1%
#2Writing a piece on the daily kos is one thing, but if this guy feels this strongly about it, why doesn't he do something substantial about it? All the 99% can do is have a sit out to raise awareness, and that's what they're doing (and then some). It takes money, lobbying and connections to fix this problem. The author seems to have some of that, at least.
Re: A Voice From the 1%
#3The top income earners in this country are paying a vast majority of the federal income tax burden already. We have a spending problem. Not a tax problem.
Re: A Voice From the 1%
#4"we wouldn't have noticed a 3.5% tax increase."
... Yes, you would. I hear the reasons state, and they're bunk. When you're outside the 5% margin at the end of the year, are you going to say, "Oh, I screwed up" or "It was that 3.5% tax increase!" I know which you'll pick.
Rich people generally don't get rich by throwing money away. They aren't going to vote for higher taxes because that takes money directly from their pockets.
And if those taxes get passed, they'll find a way around them, like moving to another country, or at least moving their operations there. It's already happening, and we don't need to make it any worse.
I'm not 'defending the rich', I'm defending our country. I don't want to see the 1% leave. It will not be pretty.
I'm not even close to being in the 1%, but I live comfortably. I actually rather resent being included in their 99% statistic. I haven't been tricked into owing a bank more than I earn in a year. I haven't had a problem finding a job because I picked a career (and skillset) with a future. Anyone that doesn't pick a skill and work towards it, then complains that there are no skill-less jobs left... Well, I'm having trouble having sympathy. I worked my ass off to get better at what I do.
Re: A Voice From the 1%
#5Writing a piece on the daily kos is one thing, but if this guy feels this strongly about it, why doesn't he do something substantial about it? All the 99% can do is have a sit out to raise awareness, and that's what they're doing (and then some). It takes money, lobbying and connections to fix this problem. The author seems to have some of that, at least.
It takes money, lobbying and connections to fix this problem.
No, that is the problem right there. The more this mess is unfolding in your country the more it's becoming apparent that American democracy is now bought rather than voted for.
Re: A Voice From the 1%
#6Here is the link to donate to the Treasury:
http://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm
Group A wants to raise their own taxes, and a (much larger) Group B does not want their taxes raised. Fantastic, the Treasury's donation program allows both preferences to be satisfied without acrimony.
Re: A Voice From the 1%
#7Here is the link to donate to the Treasury: http://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm Group A wants to raise their own taxes, and a (much larger) Group B does not want their taxes raised. Fantastic, the Treasury's donation program allows both preferences to be satisfied without acrimony.
Yeah, I think it's obvious that Group A cares about raising Group B's taxes, rather than having an altruistic desire to donate their own money and somehow being unable to figure out how.
Re: A Voice From the 1%
#8Here is the link to donate to the Treasury: http://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm Group A wants to raise their own taxes, and a (much larger) Group B does not want their taxes raised. Fantastic, the Treasury's donation program allows both preferences to be satisfied without acrimony.
If I donate $10 to the treasury, I get -$10 and the treasury gets +$10. If I can pass a $10 tax, I get -$10 and the treasury gets +$3 000 000.
It's entirely reasonable to value one dollar in the treasury somewhere between one dollar in my wallet and 1/300 000 of a dollar in my wallet.
[Note: I'm not an American.]
Re: A Voice From the 1%
#9"we wouldn't have noticed a 3.5% tax increase." ... Yes, you would. I hear the reasons state, and they're bunk. When you're outside the 5% margin at the end of the year, are you going to say, "Oh, I screwed up" or "It was that 3.5% tax increase!" I know which you'll pick. Rich people generally don't get rich by throwing money away. They aren't going to vote for higher taxes because that takes money directly from thei…
Your assertion that the rich would leave the country is not backed up by historical data. Between 1944 and 1960, the tax rate on the top income bracket was over 90% (it maxed out at 94% in '44). Yet the nation did not lose all it's rich people.
Re: A Voice From the 1%
#10Here is the link to donate to the Treasury: http://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm Group A wants to raise their own taxes, and a (much larger) Group B does not want their taxes raised. Fantastic, the Treasury's donation program allows both preferences to be satisfied without acrimony.
If I donate $10 to the treasury, I get -$10 and the treasury gets +$10. If I can pass a $10 tax, I get -$10 and the treasury gets +$3 000 000. It's entirely reasonable to value one dollar in the treasury somewhere between one dollar in my wallet and 1/300 000 of a dollar in my wallet. [Note: I'm not an American.]
The thing is that people generally feel that taking someone else's money from their pocket at gunpoint is a bad thing. But when a third party, the IRS, does this at their behest then people think it is a good thing.
No one would pay taxes if the IRS did not have weapons. It is a strange agency for a pacifist to embrace.
I think people really don't give much thought to what the IRS actually is and what it does.