quite frankly, i think we would be even better off if we had even higher progressive taxes. take the incentive out of the rich just stockpiling money...
The 39.5 percentage is weird as hell
Why not round up or just go to 43 percent or something
quite frankly, i think we would be even better off if we had even higher progressive taxes. take the incentive out of the rich just stockpiling money...
Man the second we stop the operation in Afghanistan(i know if we leave, troops still stay for protection,etc but i mean the end of fighting) the economy will definitely speed up.
I really hope Obama decides to return the troops one year early and make it the end of 2013 instead of the end of 2014.
I mean are we really going to stay there until 2014 to get Zawahiri?
You know we will just go somewhere else and do some shyt. We will never see that military money kept in the USA. I can easily see this Libya situation turn into another US occupation.
I doubt we could get them to agree to just close some of our foreign bases.
quite frankly, i think we would be even better off if we had even higher progressive taxes. take the incentive out of the rich just stockpiling money...
That money is put back into the economy though. It's used for taxes, for mortgages, it's used to buy stocks, to buy bonds, luxury items, it keeps the retailers alive.
rich people dont keep most retailers alive. more money in the hands of the largest economic groups does more for the economy
no, it's most people eating at affordable restaurants, paying a plumber to fix their toilet, and shopping at department stores 365 days a year. there arent enough rich people to sustain large economies.Yeah is its poor peoples income taxes? How often a year does that happen again?
Lets be reality
no, it's most people eating at affordable restaurants, paying a plumber to fix their toilet, and shopping at department stores 365 days a year. there arent enough rich people to sustain large economies.
it's like how the construction industry largely depends on regular folks being able to buy modest houses. when they cant buy these houses, construction firms lay their workers off. in this sense, it has almost nothing to do with the consumption of a small number of rich people.
you're trolling right?small number of rich people
people cant afford a plumber! people can't afford "affordable restaruants"! people cant afford to go shopping at department stores! people don't sustain the construction industry HA the last few years buddy! people don't own houes, apartment buildings etc etc etc!
@NZA what are you some type of idealist or something?!
you're trolling right?
Rich people with money in their hands do not drive an economy, they drive tax shelters...and beamers. They simply do not consume enough to sustain an economy. It's the every day purchase, the groceries for the week, the shoes for the kids, the gas for the car. It's those purchases that make our economy what it is.
God bless america
quite frankly, i think we would be even better off if we had even higher progressive taxes. take the incentive out of the rich just stockpiling money...
lol you're a got damn fool.Nah not at all bro, not trolling around here, men are talking.
For arguments sake lets call "rich people" families in the 100k plus range. No I'm not moving the goal posts. The more you earn the more you can put into the economy. Fact! We all know the rich are what drive the economy! You're right they buy the cars! They also buy the houses, they hire the builders, they are the business owners! I could go on and on. And you know it! They are what drive this economy like it or not! I know you socialists hate to admit it! And even talking about it is outrageous! They dont consume enough you say! Ha I say!
There isn't enough government welfare in the world to drive an economy.
People are just picking convenient pieces of a picture
Everyone drives the economy
Middle class drives it primarily by consumption, rich drives it by a mix of consumption and investment
You can't have a sustainable economy without both consumption and investment, so to champion one and demonize the other just shows your bias + ignorance.
People are demonizing the rich. You claim the rich set up the economic conditions to prosper. How'd they do that exactly? How does some mid level analyst or doctor game the system at the expense of the middle class? Being that their client base is generally the middle class (for an analyst who is most likely working for a big fund managing retirement accounts or a doctor w/typical American patients), seems goofy to me that they would sabotage or hurt their income. And barring billionaires, the folks people here consider rich don't have anywhere near the power you guys imagine them to.I don't think anyone is demonizing rich people. The idea is that over the last 20 years the rich have enjoyed economic conditions set up purposely for them to prosper. They have grown more rich over that time while the middle class has grown more poor. It makes sense that the highest earners pay more taxes than those that earn less. With our current tax code this is not always the case. Mitt Romney made millions of dollars over the last ten years and has payed less than 15%(it's probably much lower) in taxes, while there is a guy out there making 150k who's paying the same percentage.
For too long the economic policies in this country have supported making the rich richer, and ignored growth of the middle class. This dynamic created a huge bubble that will burst and throw us in to full blown depression if nothing is done. There's only so far the income gap can spread before America has no middle class and no chance of economic growth.