... in Maine, where Republicans cut taxes and the state is now broke, and the governor's new plan would raise taxes on middle-class and working families. Republican state Senator Tom Saviello tells the Portland Press Herald: "When I was on the campaign trail, people asked the question. They just couldn't understand why somebody making more than $250,000 of income couldn't be taxed more."
Republican says raise taxes on the rich...
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Thu Jan 17, 2013 10:10 AM EST
— Filed under: maine
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Amen! It's the easiest thing in the world to do people. Tax. The. Rich. Why should we allow the rich to get an endless free ride? Why should someone who's struggling to put food on the table have to pay higher taxes than a guy who sits by the pool all day waiting for the dividend check to arrive?
Not only should we tax the rich, but we should force everyone working on Wall Street to eat their lunches in soup kitchens and homeless shelters, just to remind them why we're doing it.
I agree - tax the rich. My boyfriend and I are by no means rich or even well off but I earn more than him per paycheck. Therefore, I am perfectly fine with paying a higher percentage of rent and other bills. I simply do not understand why those who are making money hand over fist can't do the same. Especially if they are serious about getting this country back to where it needs to be.
You forgot to report the next sentence in the article which is...
There are Democrats who are against the President's gun control proposal, does that mean the President is wrong because someone in his party is against it? Of course not, you will always find politicians from either party on both sides of almost every issue. This is none news IMHO.
I seem to remember another guy that proposed tax cuts like Lepages. Let me think who was that? Oh yes Mitt Romney.
Yeah, it's bad enough when people from "old money" get this little gift of reduced taxes, but it's the nouveau riche that really take the cake. Those are the ones who EARNED it, you know?
Well, news flash. The economic climate that began with Ronald Reagan and has continued to build as a result of obscene investments in lobbyists has paved the way for a certain class of people to make way more than they ever dreamed possible. It used to be that someone making over $100K was a rarity, but now, if you're not well into six figures, you're just not trying. It's like the dot-com bubble of the late '90s, where the cast-offs of my company were showing up with business cards that said Vice President. Huh?
So now, these people who think they have "arrived" can just give a little of it back. Twenty years ago, they'd still be trudging along trying to get by on $50K. I have little sympathy for them now that they can't keep it all.
Sorry, deleting my comment--wrong thread....
KINGS AND THE NOBILITY DO NOT PAY TAXES, dumbass. Taxing the nobility would defy the natural order of society, it would blur the distinction between the common and the elite and lead to social chaos. It would embolden common men to look upon the daughters and priveleges of the elite and bring them to ruin.
Haven't you heard? "only the little people pay taxes", it's for their own good, it serves to remind them that they are common and the elite are not.
Three of the main causes of the French revolution were: 1. the French monarchy lent huge sums of money to the American colonists so that they could gain their independence from Great Britain and 2. The aristocrats paid very little in taxes and 3. The French and the English had been at war over their respective holdings in North America and the West Indies for a long time and were still fighting. As a result of these three factors, the French crown was nearly bankrupt.
Does anyone see anything familiar in this pattern?
40 years of pro business tax policies lead to a second depression. The outcome of this approach is unaddressed by the media, the corporations and our political leaders. The issue is the paradox of capitalism. Capitalism , markets have created get wealth for a few at the expense of the many. Is this outcome random? Based on 40 years of median and average wages that have stayed stagnant, no longer suggests this is a random outcome.
More evidence would be the recommendations of the Business Round table that wants to raise the eligibility age for SSI and Medicare. We talk collectively about teams at work. For the 98% the team concept, shared sacrifice ends at compensation. We may strive to make our company profitable and competitive through the collective effort of the work force. Fairness is not a concept compatible with capitalism.
We tried trickle down supply side. The trickle is up and the outcome is it supplies those who get more than their share!
The wealthy fail to appreciate the fact that 30 years of trickle down brought us to this very deep recession. Continuing trickle down economics is going to head us back down the same road, except the next economic turndown will likely be a depression. If that happens the wealthy lose even more than the poor and the middle class. The wealthy will find falling down the steps into poverty is quite traumatic. They forget history when the people were killing themselves at the start of the last major depression.
I will go to my grave believing that it is morally wrong to tax beans at the same rate as caviar.