Tax the Rich!

Off Topic Politics & World Issues
22

[quote]Headhunter wrote:

[quote]THE_CLAMP_DOWN wrote:

[quote]Headhunter wrote:

I think we’re here to make the world a better place and this sort of activity doesn’t do that, IMHO.

[/quote]

You know what I am here for, HH?
Oh thank god.[/quote]

Yes. To be alive is to be moral. You can choose to evade that fact and do evil, but that merely leads to destruction.[/quote]

So Sweet 16 parties are now immoral? And if you choose to partake in them, you are commiting an evil action and destroying the planet in the process?

Gosh. Thats a strict moral code you got there.

23

Pestilence will be our tax. The grass is high and begs the reaping.

24

[quote]ZEB wrote:

[quote]thefederalist wrote:
This is why progressive taxes exist. [/quote]

They exist to give money and services to most who are able to work but find that collecting such benefits to be more lucrative than actually working.

Now tell me oh wise left winger how do you encourage those who on the government dole to ever get off when they are being rewarded for doing nothing?
[/quote]

Your post reads like 4chan.

25

[quote]thefederalist wrote:

[quote]ZEB wrote:

[quote]thefederalist wrote:
This is why progressive taxes exist. [/quote]

They exist to give money and services to most who are able to work but find that collecting such benefits to be more lucrative than actually working.

Now tell me oh wise left winger how do you encourage those who on the government dole to ever get off when they are being rewarded for doing nothing?
[/quote]

Your post reads like 4chan. [/quote]

I see, you cannot come up with one single reason why I’m incorrect.

Thank you.

26

[quote]Headhunter wrote:

This illustrates why we need a consumption tax and to get rid of the income tax…like that would ever happen.[/quote]

I’d love to see this happen too.

27

[quote]Spartiates wrote:

[quote]Headhunter wrote:

This illustrates why we need a consumption tax and to get rid of the income tax…like that would ever happen.[/quote]

I’d love to see this happen too.[/quote]

Possibly the second worst idea that I’ve ever heard regarding taxes.

28

[quote]Headhunter wrote:

[quote]pushharder wrote:

[quote]dhickey wrote:
What’s the big deal? Who cares what rich people spend money on? Do the people they hire and pay to put on these parties not deserve jobs? Silly thread.[/quote]

I agree. A whole bunch of folks made their mortgage payments, bought groceries, paid medical bills, gassed up their cars, bought lumber, went to movie theaters, etc. off of that $1.5m.

And along the way a huge wad of it made its way to local, state and federal tax coffers.

WTF is the problem, folks?

To people in say…Bangladesh…I myself spent a lot of money last year on extravagances like…ummm…Biotest supps. I s’pect there’s a Bangladeshi Head Hunter out there somewhere wishing I was taxed for doing so. You suppose?[/quote]

This illustrates why we need a consumption tax and to get rid of the income tax…like that would ever happen.[/quote]
The fair tax would be quite a bit better than what we have today.

It is not a solution if added to what we have. This would also run contrary to every federal gov’t policy instituted to get us to spend and not save.

29

How about not stealing at all?

30

What would Ayn Rand say about this, HH?

31

[quote]ZEB wrote:

[quote]Spartiates wrote:

[quote]Headhunter wrote:

This illustrates why we need a consumption tax and to get rid of the income tax…like that would ever happen.[/quote]

I’d love to see this happen too.[/quote]

Possibly the second worst idea that I’ve ever heard regarding taxes.
[/quote]

Why? It encourages saving. Is progressive, rather than regressive. You get to spend “tax-free” up to a certain point, so middle/low-middle income house-holds would pay almost not tax. And if you want to blow you millions on your daughter’s nose job, boob job, and her super-sweet-sixteen you’re free to, you just pay a really high tax on it.

Fear not. Millionaires will still be able spend more than most of us make in five years on cars, boats and cocktails.

32

[quote]Spartiates wrote:

[quote]ZEB wrote:

[quote]Spartiates wrote:

[quote]Headhunter wrote:

This illustrates why we need a consumption tax and to get rid of the income tax…like that would ever happen.[/quote]

I’d love to see this happen too.[/quote]

Possibly the second worst idea that I’ve ever heard regarding taxes.
[/quote]

Why? It encourages saving. Is progressive, rather than regressive. You get to spend “tax-free” up to a certain point, so middle/low-middle income house-holds would pay almost not tax. And if you want to blow you millions on your daughter’s nose job, boob job, and her super-sweet-sixteen you’re free to, you just pay a really high tax on it.

Fear not. Millionaires will still be able spend more than most of us make in five years on cars, boats and cocktails.[/quote]

No, costs will rise on producers as consumers of goods and so production will also go down because more money is spent on consumption taxes rather than production.

There are no taxes that do not hurt consumers or producers.

33

[quote]LIFTICVSMAXIMVS wrote:

[quote]Spartiates wrote:

[quote]ZEB wrote:

[quote]Spartiates wrote:

[quote]Headhunter wrote:

This illustrates why we need a consumption tax and to get rid of the income tax…like that would ever happen.[/quote]

I’d love to see this happen too.[/quote]

Possibly the second worst idea that I’ve ever heard regarding taxes.
[/quote]

Why? It encourages saving. Is progressive, rather than regressive. You get to spend “tax-free” up to a certain point, so middle/low-middle income house-holds would pay almost not tax. And if you want to blow you millions on your daughter’s nose job, boob job, and her super-sweet-sixteen you’re free to, you just pay a really high tax on it.

Fear not. Millionaires will still be able spend more than most of us make in five years on cars, boats and cocktails.[/quote]

No, costs will rise on producers as consumers of goods and so production will also go down because more money is spent on consumption taxes rather than production.

There are no taxes that do not hurt consumers or producers.[/quote]

I don’t think you understand the way the tax works. It’s not a sales tax, it’s a replacement for income tax. There’s going to be taxes. You’re argument sounds like: taxes = bad. That doesn’t really help us. There’s going to be taxes, and I’d like to find the least regressive, and simple way to structure the system. I think a consumption tax, with a large “free” area for the first $30-40K spent a year sounds good. Again, it encourages savings, which are always tax-free, and means that if your cost of living is under whatever the “tax-level” is set at, you basically pay no tax. So the tax is not attached to the product, or the production cost of the product. A $20K car is potentially tax-free, while an $80k car will be highly taxed. But we’re going to be honest and say, if you can afford an $80k car, you can afford to pay a 40% tax on it, since you’re no longer paying income tax.

34

[quote]Spartiates wrote:

[quote]LIFTICVSMAXIMVS wrote:

[quote]Spartiates wrote:

[quote]ZEB wrote:

[quote]Spartiates wrote:

[quote]Headhunter wrote:

This illustrates why we need a consumption tax and to get rid of the income tax…like that would ever happen.[/quote]

I’d love to see this happen too.[/quote]

Possibly the second worst idea that I’ve ever heard regarding taxes.
[/quote]

Why? It encourages saving. Is progressive, rather than regressive. You get to spend “tax-free” up to a certain point, so middle/low-middle income house-holds would pay almost not tax. And if you want to blow you millions on your daughter’s nose job, boob job, and her super-sweet-sixteen you’re free to, you just pay a really high tax on it.

Fear not. Millionaires will still be able spend more than most of us make in five years on cars, boats and cocktails.[/quote]

No, costs will rise on producers as consumers of goods and so production will also go down because more money is spent on consumption taxes rather than production.

There are no taxes that do not hurt consumers or producers.[/quote]

I don’t think you understand the way the tax works. It’s not a sales tax, it’s a replacement for income tax. There’s going to be taxes. You’re argument sounds like: taxes = bad. That doesn’t really help us. There’s going to be taxes, and I’d like to find the least regressive, and simple way to structure the system. I think a consumption tax, with a large “free” area for the first $30-40K spent a year sounds good. Again, it encourages savings, which are always tax-free, and means that if your cost of living is under whatever the “tax-level” is set at, you basically pay no tax. So the tax is not attached to the product, or the production cost of the product. A $20K car is potentially tax-free, while an $80k car will be highly taxed. But we’re going to be honest and say, if you can afford an $80k car, you can afford to pay a 40% tax on it, since you’re no longer paying income tax.
[/quote]

This kind of sounds like a VAT tax. Am I misguided?

35

You see the majority of americans on this site seem to be totally in favour of this outlandish waste of money,because ‘they earned it’.

36

[quote]Spartiates wrote:

I don’t think you understand the way the tax works…
[/quote]

Any money that is spent on tax must necessarily not be spent on something else.

Any person who pays a tax suffers this consequence and is worse off because of it.

37

[quote]Spartiates wrote:

[quote]ZEB wrote:

[quote]Spartiates wrote:

[quote]Headhunter wrote:

This illustrates why we need a consumption tax and to get rid of the income tax…like that would ever happen.[/quote]

I’d love to see this happen too.[/quote]

Possibly the second worst idea that I’ve ever heard regarding taxes.
[/quote]

Why? It encourages saving. Is progressive, rather than regressive. You get to spend “tax-free” up to a certain point, so middle/low-middle income house-holds would pay almost not tax. And if you want to blow you millions on your daughter’s nose job, boob job, and her super-sweet-sixteen you’re free to, you just pay a really high tax on it.

Fear not. Millionaires will still be able spend more than most of us make in five years on cars, boats and cocktails.[/quote]

Why would you want to punish people for continuing to keep the economy going? How does this help during a recession? Regarding the millionaires, how does taking more money from them create more jobs? Isn’t it a fact that it’s the millionaires who hire people? This tax is will lengthen the recession.

38

What’s funny to me is that a frivolous party is just fine because “A whole bunch of folks made their mortgage payments, bought groceries, paid medical bills, gassed up their cars, bought lumber, went to movie theaters, etc.” yet projects that actually produce useful things are “misguided” simply because the government buys them.

39

[quote]Headhunter wrote:
I happened to stumble upon a show called ‘My Super Sweet Sixteen’ where rich people spend $300,000 or $400,000 on a Sweet 16 party. …

“Whether a Sweet 16, Quinceaneara or Coming Out, each week My Super Sweet 16 will document one character’s outrageous journey as they plot, plan and prep for the party to end all parties. These kids expect and will only accept the absolute best. Now, it’s up to them to make sure jealous siblings, stressed out parents and school rivals don’t get in the way. This series gives you an up close and very personal look at the extravagant and sometimes extreme measures teens take to ensure that this milestone in their lives is commemorated by the ultimate celebration. Will their real life Sweet 16 ever live up to their fantasies?”

http://www.mtv.com/shows/sweet_16/series.jhtml
[/quote]

Are the wealthy families that do this the ones that stay on top for multiple generations? I am not knowledgeable about these things. But I had the vague impression that the wealthy families that ship the kids off to boarding schools where they march around in the snow are the ones that stay on top for multiple generations.

40

[quote]LIFTICVSMAXIMVS wrote:
How about not stealing at all?[/quote]

Is that an option? If so, I’ll take it.