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Old 11-08-2012, 04:59 PM   #166
Math2
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Default Re: GOP Butthurt Thread

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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   #167
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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   #168
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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   #169
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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   #170
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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   #171
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Default Re: GOP Butthurt Thread

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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   #172
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I agree. Comprehensive tax reform is a must.
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Old 11-08-2012, 05:13 PM   #173
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What do you propose he should do then? Pay alot of extra money in taxes?
I wasn't saying he broke the law or did anything illegal. I said that his tax returns showed what is really going on with many of the high 1-percenters' tax rates and this whole idea of Obama strangling the very rich with tax policy and thus killing their incentive to create jobs is mostly a myth... Especially when you are talking about the very richest among us.

There is also the issue of the lost tax revenue when management fees are funneled through investments to make them look like capital gains. It is a way of juking the system out of paying your share.
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Old 11-08-2012, 05:21 PM   #174
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I wasn't saying he broke the law or did anything illegal. I said that his tax returns showed what is really going on with many of the high 1-percenters' tax rates and this whole idea of Obama strangling the very rich with tax policy and thus killing their incentive to create jobs is mostly a myth... Especially when you are talking about the very richest among us.

There is also the issue of the lost tax revenue when management fees are funneled through investments to make them look like capital gains. It is a way of juking the system out of paying your share.

I agree you mostly. I think it depends on what your definition of "fair" means. Fair as in "same tax rate for everyone, except a group that we hate" or same for everyone. I believe in same flat tax rate for everyone.
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Old 11-08-2012, 05:23 PM   #175
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I agree you mostly. I think it depends on what your definition of "fair" means. Fair as in "same tax rate for everyone, except a group that we hate" or same for everyone. I believe in same flat tax rate for everyone.
A flat tax isn't fair. The tax code has to be progressive, and to that effect the problems with the current tax code exist in the work-arounds and loopholes.
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Old 11-08-2012, 05:26 PM   #176
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I believe in same flat tax rate for everyone.
Ah, so you're a Libertarian, not a Republican. Republicans aren't even crazy enough to endorse flat tax.
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Old 11-08-2012, 05:29 PM   #177
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Default Re: GOP Butthurt Thread

7/7/7 plan man. Gimme dat crazy Herman Cain shit!


Math? 7% of 100 is the same as it is for 1000, 10000, 100000 right?!!?
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Old 11-08-2012, 05:34 PM   #178
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Default Re: GOP Butthurt Thread




Not sure if true or not.


Last edited by Rose : 11-08-2012 at 05:36 PM.
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Old 11-08-2012, 05:35 PM   #179
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Old 11-08-2012, 05:38 PM   #180
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Default Re: GOP Butthurt Thread

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A flat tax isn't fair. The tax code has to be progressive, and to that effect the problems with the current tax code exist in the work-arounds and loopholes.
Define fair.
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