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Old 11-08-2012, 04:49 PM   #166
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Default Re: GOP Butthurt Thread

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Originally Posted by Droid101
Yeah, we'd be totally screwed if we cut military spending any to help out people feed their children.


I don't think any of those countries is as hated in the middle east as America is.
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Old 11-08-2012, 04:50 PM   #167
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Default Re: GOP Butthurt Thread

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Originally Posted by MMM
Yes, the fortunate are expected to help/pay for the unfortunate. The poor like anyone else would rather be self sufficient then live off the government.

So why should we have to pay for them then. Get a job if you want to be self sufficient. But the sad truth is that most people would rather get free stuff than actually work.
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Old 11-08-2012, 04:51 PM   #168
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Default Re: GOP Butthurt Thread

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Originally Posted by RedBlackAttack
How about the fact that we actually got a look at a high 1-percenters federal income tax returns and he didn't pay the 35% top marginal tax rate or even half of that rate, which is at one of its lowest points in modern American history.

His 14% federal income tax rate doesn't exactly jive with the narrative that "job creators are being strangled to death under Obama." I wonder how often that was brought up on the Hannity show?

Capital gains?
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Old 11-08-2012, 04:51 PM   #169
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Default Re: GOP Butthurt Thread

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Originally Posted by rufuspaul
This. Just raising the rates will hurt the middle and upper middle class but not the rich unless the tax code is truly reformed.
Do away with capital gains, do something about offshore accounts and hidden shell companies overseas, and allow the Bush tax cuts to expire and we will have taken some real steps toward the kind of fiscal responsibility that the right has been preaching this election cycle.

We'll see if any of the three happen.
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Old 11-08-2012, 04:52 PM   #170
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Default Re: GOP Butthurt Thread

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Originally Posted by Math2
Capital gains?
Yes. A ridiculous loophole that should be done away with.
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Old 11-08-2012, 04:56 PM   #171
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Default Re: GOP Butthurt Thread

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Originally Posted by Math2
I don't think any of those countries is as hated in the middle east as America is.
I don't see Iran or Afghanistan on that chart... how big is their military budget?
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Old 11-08-2012, 04:56 PM   #172
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Default Re: GOP Butthurt Thread

You don't want to entirely do away with the preferential capital gains tax, but raising it to a point wouldn't hurt enact a prohibitive barrier to investment.
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Old 11-08-2012, 04:58 PM   #173
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Default Re: GOP Butthurt Thread

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Yes. A ridiculous loophole that should be done away with.

What do you propose he should do then? Pay alot of extra money in taxes?
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Old 11-08-2012, 04:59 PM   #174
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Default Re: GOP Butthurt Thread

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Originally Posted by Droid101
I don't see Iran or Afghanistan on that chart... how big is their military budget?

I don't see Al-Qaeda either.

I wouldn't trust any figures on Iran though, and it's doubtful that even if they are reliable, they wouldn't include their nuclear program....I've seen figures that places Iran at 25th in the world.

Last edited by Math2 : 11-08-2012 at 05:01 PM.
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Old 11-08-2012, 05:00 PM   #175
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Default Re: GOP Butthurt Thread

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Originally Posted by Math2
I don't think any of those countries is as hated in the middle east as America is.
Most of those countries are allies though.
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Old 11-08-2012, 05:05 PM   #176
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Default Re: GOP Butthurt Thread

Quote:
Originally Posted by Math2
So why should we have to pay for them then. Get a job if you want to be self sufficient. But the sad truth is that most people would rather get free stuff than actually work.

Because neglecting the unfortunate is going to cost more than giving them social assistance. Also you seem to have a lack the understanding of how the economy works in creating jobs.
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Old 11-08-2012, 05:05 PM   #177
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Default Re: GOP Butthurt Thread

Quote:
Originally Posted by Scoooter
You don't want to entirely do away with the preferential capital gains tax, but raising it to a point wouldn't hurt enact a prohibitive barrier to investment.
Whar $1/$5 million+ income tax brackets, WHAR
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Old 11-08-2012, 05:07 PM   #178
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Default Re: GOP Butthurt Thread

Hey now, not all people who derive a significant portion of their income from securities are evil.
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Old 11-08-2012, 05:08 PM   #179
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Default Re: GOP Butthurt Thread

Quote:
Originally Posted by Scoooter
You don't want to entirely do away with the preferential capital gains tax, but raising it to a point wouldn't hurt enact a prohibitive barrier to investment.
The whole model needs to be restructured. You have huge companies funneling management fees -- which should be taxed at the top marginal tax rate of 35% -- through their investment funds so that they look like capital gains and thus avoid the regular tax rate.

It has become a massive loophole for the very rich and there should be a real debate about what to do with it going forward.
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Old 11-08-2012, 05:09 PM   #180
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Default Re: GOP Butthurt Thread

I agree. Comprehensive tax reform is a must.
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