[quote=gandalf]Interesting how ‘socialism’ has become the talking point of the day.
Are any of you defenders of the flag willing to discuss the impact of tax avoidance strategies on US tax policy? Because overall, tax policy in the last couple of decades has become substantially regressive for those with access.
I don’t support redistribution of wealth, but redistribution of wealth upwards is insidious. It’s ethically disgusting and it is screwing the majority of people in this country. It ought to be a crime punishable with dismemberment by an angry mob.
Many of you have been crying like babies over the bailout. You disagree with wealth redistribution, and object to “infusing” the banking system with taxpayer money to rescue Fat Cat bankers, flippers and cheats.
The bailout is the most regressive financial swindle in the history of this country. Current tax policy is regressive. You oppose the bailout, but you support a regressive tax policy. Do you see the contradition in your position? So you’re what … hypocrites?
Those of you out there complaining about tax policy as if it were socialism are either deceived or worse, “Deceivers”. It’s one of the two. Reminds me of that saying about card cheats, if you can’t figure out who’s cheating, you shouldn’t be at the table.
Finally, I’ll add that arguing with such vitriol about relatively minor changes in marginal tax rates and policy while we’re fighting two wars and battling a major economic crisis in our country is pretty shitty.
Obama / Biden in ’08[/quote]
Simple…Because the fact that Obama/Biden is drawing the definition of “wealthy” at $250k, to me means
1) This is arbitrary
2) This isn’t a tax on the ultra wealthy, but effectively a tax on upper middle class, which is now going to be dragged down into the rest of middle class. Feel better?
The arguments that so many people are saying, is this is wealth distribution on the ultra wealthy. Bullshit. Ultra wealthy, like so many folks have alluded here, have so much more firepower with accountants, lawyers,etc…They have, and always will find clever loopholes, exceptions,etc. Because they have money and resources to spend to do this.
Close one loophole, they figure out another.
The only people paying for these things are not by far “wealthy”.
And the reason why obama didn’t draw the limit explicitly at the wealthy??? Simple
(1)Who’s funding his campaigns? (2) Who’s he really going to expect cough up the extra taxes. Yup W2’s….Well, anyway, for all you folks thinking that you won’t escape a higher tax bill and that those 250k are going to get sticked, you’re sooooooo wrong…There’s no way with all these spending plans middle class isn’t going to get taxed a hell of a lot more. It will be fun watching folks 2 years from now complaining about how much more taxes they have to pay
