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(Huffington Post)   Top 2% to GOP: Tax us, you dolts   (huffingtonpost.com) divider line 286
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6054 clicks; posted to Politics » on 06 Dec 2012 at 1:07 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-06 05:59:17 PM
I call for a tax strike. 0 income equals 0 tax. 0 dividends equal 0 tax. 0 capital gains equals.0 tax. The rich don't need to make any money. They can't spend what they have. Then the middle class will have to pay their fair share.
 
2012-12-06 06:02:45 PM

KiTTeNs_on_AciD: jigger: Optimus Composite: every family in America knows if your expenses exceed your income, you cut your expenses

That's not how the Mafia operates.

Every family in America also knows that if your spouse maxes out the credit card, you can't pay off the debt only by ceasing to use the card. You have to PAY THE FARKING BILL.


Ah, yes, this is a great analogy. Er, wait, no it isn't. Yeah, it's an absolutely terrible analogy that bears no resemblance to the actual situation whatsoever. good jerb
 
2012-12-06 06:03:37 PM

KiTTeNs_on_AciD: Household budget analogies are dumb, but I got the urge to herp that derp bad and went for it.


You certainly herped and derped.
 
2012-12-06 06:05:51 PM

Keizer_Ghidorah: Uchiha_Cycliste: Keizer_Ghidorah: Uchiha_Cycliste: Keizer_Ghidorah: Jackson Herring: [j.wigflip.com image 553x768]

Bleh, short hairy dwarf. Elves all the way.

[rule34-data-003.paheal.net image 800x600]

No Spike! Nooooooooooooooooooooooooooooo

Yes! Yeeeeessssss!

[rule34-data-000.paheal.net image 600x650]

I suppose as long as we avoid any "my precious" puns I'll simply sit here and bear it.

\possibly not the best phrasing.

Don't be afraid. Elven love is a tender and passionate thing.

[rule34-data-000.paheal.net image 667x500]


What the shiat?!? They are multiplying. I know who to blame for this, this is Agent Smith's doing... Agent Smith and his corruption of The Matrix.

\And at the same moment the entire theater called out "Hello Mr. Anderson"
 
2012-12-06 06:08:45 PM

CapeFearCadaver: Funny story; first time I ever heard about plasma TVs when I was a kid


I feel old.
 
2012-12-06 06:08:53 PM

todwin: I call for a tax strike. 0 income equals 0 tax. 0 dividends equal 0 tax. 0 capital gains equals.0 tax. The rich don't need to make any money. They can't spend what they have. Then the middle class will have to pay their fair share.


a 0% income tax would bring in federal revenues equal to that of 1997

End the wars and reform entitlements and you could do it.
 
2012-12-06 06:15:04 PM

Uchiha_Cycliste: Keizer_Ghidorah: Uchiha_Cycliste: Keizer_Ghidorah: Uchiha_Cycliste: Keizer_Ghidorah: Jackson Herring: [j.wigflip.com image 553x768]

Bleh, short hairy dwarf. Elves all the way.

[rule34-data-003.paheal.net image 800x600]

No Spike! Nooooooooooooooooooooooooooooo

Yes! Yeeeeessssss!

[rule34-data-000.paheal.net image 600x650]

I suppose as long as we avoid any "my precious" puns I'll simply sit here and bear it.

\possibly not the best phrasing.

Don't be afraid. Elven love is a tender and passionate thing.

[rule34-data-000.paheal.net image 667x500]

What the shiat?!? They are multiplying. I know who to blame for this, this is Agent Smith's doing... Agent Smith and his corruption of The Matrix.

\And at the same moment the entire theater called out "Hello Mr. Anderson"


Nah, they're just brothers. Orophin and Rumil didn't appear in the movies (and Haldir lived in the books, I am still peeved at Jackson for that).
 
2012-12-06 06:19:24 PM

Keizer_Ghidorah: Uchiha_Cycliste: Keizer_Ghidorah: Uchiha_Cycliste: Keizer_Ghidorah: Uchiha_Cycliste: Keizer_Ghidorah: Jackson Herring: [j.wigflip.com image 553x768]

Bleh, short hairy dwarf. Elves all the way.

[rule34-data-003.paheal.net image 800x600]

No Spike! Nooooooooooooooooooooooooooooo

Yes! Yeeeeessssss!

[rule34-data-000.paheal.net image 600x650]

I suppose as long as we avoid any "my precious" puns I'll simply sit here and bear it.

\possibly not the best phrasing.

Don't be afraid. Elven love is a tender and passionate thing.

[rule34-data-000.paheal.net image 667x500]

What the shiat?!? They are multiplying. I know who to blame for this, this is Agent Smith's doing... Agent Smith and his corruption of The Matrix.

\And at the same moment the entire theater called out "Hello Mr. Anderson"

Nah, they're just brothers. Orophin and Rumil didn't appear in the movies (and Haldir lived in the books, I am still peeved at Jackson for that).


I think that's much, much worse =/
 
2012-12-06 06:49:13 PM

rufus-t-firefly: Weaver95: Jackson Herring: [j.wigflip.com image 553x768] 

[2.bp.blogspot.com image 292x302]

[p.twimg.com image 500x375]


i0.kym-cdn.com
 
2012-12-06 06:55:12 PM

Uchiha_Cycliste: I think that's much, much worse =/


You know you want to be in the middle of them ;3
 
2012-12-06 07:04:44 PM
Raising taxes on them helps run the country for what, ten days or so?

That sounds like all we need to do to be prosperous!
 
2012-12-06 07:08:39 PM

Ball Sack Obama: Raising taxes on them helps run the country for what, ten days or so?

That sounds like all we need to do to be prosperous!


Are people like you born stupid, or does it happen over time? Or do you choose to be retards in order to get attention and generate clicks?
 
2012-12-06 08:17:01 PM

Ball Sack Obama: Raising taxes on them helps run the country for what, ten days or so?

That sounds like all we need to do to be prosperous!


Like how the tax brackets were during the Clinton years?

cdn.crooksandliars.com
 
2012-12-06 09:06:56 PM
If the tax hikes work, great news for all of us.

Question is, what's the plan if it doesn't?
 
2012-12-06 09:19:08 PM

cchris_39: If the tax hikes work, great news for all of us.

Question is, what's the plan if it doesn't?


The intent is to increase revenue a bit. How could it "not work" unless you believd the demonstrably false narrative that this will affect job creation.
 
2012-12-06 10:07:43 PM

jst3p: cchris_39: If the tax hikes work, great news for all of us.

Question is, what's the plan if it doesn't?

The intent is to increase revenue a bit. How could it "not work" unless you believd the demonstrably false narrative that this will affect job creation.


If inflation and unemployment and trillion dollar deficits continue, it hasn't worked.
 
2012-12-06 10:36:48 PM

jst3p: cchris_39: If the tax hikes work, great news for all of us.

Question is, what's the plan if it doesn't?

The intent is to increase revenue a bit. How could it "not work" unless you believd the demonstrably false narrative that this will affect job creation.


"demonstrably false"?

You don't believe the CBO?

I mean, I recognize that letting the cuts expire will reduce employment, but i feel that we need to bite the bullet and start paying our bills, therefore I believe we should let all the cuts expire. But I still acknowledge that the expiration wil adversely affect the economy in the near term.
 
2012-12-07 12:28:59 AM
I believe we should go over the cliff so the 2% can avoid a modest tax increase on their income over $250,000. Marginal tax rate increases are the worst!
 
2012-12-07 12:32:52 AM

t3knomanser: I love the, "Well, why don't they just pay more voluntarily?"

Because the IRS can't actually use that money. Overpayments get banked into an account for the overpayer. They can collect interest, and they can be applied to future liabilities, but the IRS can't keep that money. In fact, if you overpay, you can go back to the IRS and get that refund from them.

I actually overpayed recently due to some confusion. It was trivially easy to get my money back, and the IRS has some of the best customer service I have ever experienced.


I have literally never seen that sentence before.
 
2012-12-07 01:35:44 AM
It becomes clear that the intelligent among the richest Americans realize that their taxes need to increase, because they're the only ones who can afford it. The others are clearly greedy sociopaths tea partiers.
 
2012-12-07 01:44:24 AM
Why is there so much LOTR slash porn on here? Do I even want to know?
 
2012-12-07 06:02:49 AM
WTF?

Elf fantasy sketch pron?

Thanks guys, because that's what I wanted to do today; lose my job reading a farking thread about taxes.

NSFW tag?
Anyone?
Or does it have to show pee-hole and rusty starfish in order to qualify?

Fark moderators: reason 1012 on the list of reasons I should stop spending time on this website.
 
2012-12-07 07:08:21 AM
U miss my point on the tax strike. The rich don't need to make any money. Just live on what they already have.

Romney does not have a job. 0 in wages means 0 in earned income reported means 0 in earned income taxes. If he cashes all his investments he will make 0 dollars in dividends and 0 dollars in capital gains. Means 0 dollars in taxes.

He then has over 200 million is cash which he can spend to live on the rest of his life and still not run out.

The rich (movie stars, music stars, sports stars, business stars) do not have to pay taxes if they choose to go on a tax strike.
 
2012-12-07 07:48:12 AM
If you're a small business owner (sole proprietorship) paying taxes on business income as personal income, and tax rates go up, isn't it in your best interest to spend down your income on wages and investment in order to reap the benefits at a later date when tax rates might be lower?

When taxes go up, employees effectively become cheaper to hire than before. What am I missing?
 
2012-12-07 08:06:06 AM
Stockholm syndrome. It's real.
 
2012-12-07 08:28:59 AM
The expiration of a temporary tax cut (which has already been extended past its original end date) is not a "tax hike".
 
2012-12-07 10:49:44 AM

gilgamesh23: If you're a small business owner (sole proprietorship) paying taxes on business income as personal income, and tax rates go up, isn't it in your best interest to spend down your income on wages and investment in order to reap the benefits at a later date when tax rates might be lower?

When taxes go up, employees effectively become cheaper to hire than before. What am I missing?


You're correct. Higher taxes reduce the after tax cost of hiring a new worker. GOP talking points on this have been farked up.

The actual reasons that higher taxes reduces jobs are two-fold: lower expected after tax profits reduce the incentive to invest, reducing new investments or expansions, and pulling any money out of the economy via taxes reduces individuals capacity to spend.

The question to debate is whether the benefit of increased revenue to the govt sufficiently offsets negative economic implications. CBO estimates 200,000 fewer jobs over the next year if the top rate cuts are allowed to expire. For what that's worth. Again, I say we let all the cuts expire.
 
2012-12-07 12:00:53 PM

o5iiawah: This notion that we have a biggest-pecker competition on who can pay more taxes is nonsense. If you told Fred Smith you'd be taking 75% of his assets and 90% of his income, he'd personally fly a FedEx jet to Costa Rica.


Ah, so that explains why there are no more rich people in the US. They all left in the 50s for Costa Rica when the top tax rate was 90%.

Or perhaps are you completely wrong?
 
2012-12-07 12:15:31 PM

lennavan: o5iiawah: This notion that we have a biggest-pecker competition on who can pay more taxes is nonsense. If you told Fred Smith you'd be taking 75% of his assets and 90% of his income, he'd personally fly a FedEx jet to Costa Rica.

Ah, so that explains why there are no more rich people in the US. They all left in the 50s for Costa Rica when the top tax rate was 90%.

Or perhaps are you completely wrong?


Or perhaps you realize that in 1950, the US was one of a scant few places on earth with a functioning society and if you wanted a decent life, you lived here. You're delusional if you think you can somehow correlate 1950's America to the world we live in today. Rich people exist in the USA but they do whatever they can to avoid taxes. They'll still live here after the 75% asset and 90% wage tax, they'll just set up their companies in Bermuda and use their dummy corps to buy their upper-east side apartment.
 
2012-12-07 12:53:19 PM

o5iiawah: lennavan: o5iiawah: This notion that we have a biggest-pecker competition on who can pay more taxes is nonsense. If you told Fred Smith you'd be taking 75% of his assets and 90% of his income, he'd personally fly a FedEx jet to Costa Rica.

Ah, so that explains why there are no more rich people in the US. They all left in the 50s for Costa Rica when the top tax rate was 90%.

Or perhaps are you completely wrong?

Or perhaps you realize that in 1950, the US was one of a scant few places on earth with a functioning society and if you wanted a decent life, you lived here. You're delusional if you think you can somehow correlate 1950's America to the world we live in today. Rich people exist in the USA but they do whatever they can to avoid taxes. They'll still live here after the 75% asset and 90% wage tax, they'll just set up their companies in Bermuda and use their dummy corps to buy their upper-east side apartment.


So you completely moved those goalposts. Got it.
 
2012-12-07 01:08:21 PM

lennavan: So you completely moved those goalposts. Got it.


I didn't move the goalposts - you just cant break my arguments. The rich will either leave or set up companies and residences overseas then come back and avoid the taxes. Most of Hollywood already does it. How about explaining who would line up and gleefully pay the taxes? Warren buffet already pays himself in capital gains from BH stock rather than via standard payroll to avoid taxes.

The point remains. you can set tax rates to whatever you want but in a mobile society, you cannot guarantee that people will pay them.
 
2012-12-07 01:55:24 PM

o5iiawah: I didn't move the goalposts - you just cant break my arguments. The rich will either leave or set up


Nah, you started by saying the rich will leave. Now you're saying they'll move their companies.

o5iiawah: The point remains. you can set tax rates to whatever you want but in a mobile society, you cannot guarantee that people will pay them.


You mean global economy. You aren't even familiar with the terms crucial to your argument. Wait til you see tax rates in other first world countries like Germany, France, Sweden and so on. It explains why no one there pays taxes and they had mass exoduses and proves everything terrible you imagined will happen to the US.

Or alternatively, those countries are just fine and it proves you're completely wrong. Definitely one of the two.
 
2012-12-07 02:38:38 PM

MurphyMurphy: WTF?

Elf fantasy sketch pron?

Thanks guys, because that's what I wanted to do today; lose my job reading a farking thread about taxes.

NSFW tag?
Anyone?
Or does it have to show pee-hole and rusty starfish in order to qualify?

Fark moderators: reason 1012 on the list of reasons I should stop spending time on this website.


Nothing below the waist, so still SFW. Do you complain about any other threads with topless men or guys in swim suits?
 
2012-12-07 06:14:11 PM

Optimus Composite: Why is the Government's answer to everything a tax hike? Why don't these people just spend less of our money? Yes I realized I answered my own questions, but the truth is, every family in America knows if your expenses exceed your income, you cut your expenses. Like every family in this recession, I've learned to live on less money, the government needs to do the same thing. There should not be one farking penny in tax increases on anyone, millionaires included, until there are massive budget cuts. This government spends 10 billion a day and that's still not enough for them.


If you think comparing personal finances to government finances makes for an intelligent argument, you've already failed.
 
2012-12-08 02:08:56 AM

lennavan: o5iiawah: I didn't move the goalposts - you just cant break my arguments. The rich will either leave or set up

Nah, you started by saying the rich will leave. Now you're saying they'll move their companies.

o5iiawah: The point remains. you can set tax rates to whatever you want but in a mobile society, you cannot guarantee that people will pay them.

You mean global economy. You aren't even familiar with the terms crucial to your argument. Wait til you see tax rates in other first world countries like Germany, France, Sweden and so on. It explains why no one there pays taxes and they had mass exoduses and proves everything terrible you imagined will happen to the US.

Or alternatively, those countries are just fine and it proves you're completely wrong. Definitely one of the two.


Right. They will leave and move their companies. But there's a good chance they will use their companies to purchase property back in the US. I was not referring to a global economy as that is completely irrelevant to this discussion. I was referring to the fact that a person on a beach in France can run his Bermuda-based company on an Ipad, and direct facility operations in Kansas. While some people choose to stay in the USA to do business, others have already left and others are sure to leave if faced with a 75% asset tax and 90% wage tax which some have argued for upstream in the thread

my argument all along was that tax rates could rise but revenues could not be guaranteed since some people would choose to leave and not pay the taxes.

I live in PA and do my heavy shopping in Delaware. What makes you think that a person worth millions wont seek to avoid taxation if they can? Stop being delusional - I took you for a grownup
 
2012-12-08 07:33:09 PM

o5iiawah: lennavan: o5iiawah: I didn't move the goalposts - you just cant break my arguments. The rich will either leave or set up

Nah, you started by saying the rich will leave. Now you're saying they'll move their companies.

o5iiawah: The point remains. you can set tax rates to whatever you want but in a mobile society, you cannot guarantee that people will pay them.

You mean global economy. You aren't even familiar with the terms crucial to your argument. Wait til you see tax rates in other first world countries like Germany, France, Sweden and so on. It explains why no one there pays taxes and they had mass exoduses and proves everything terrible you imagined will happen to the US.

Or alternatively, those countries are just fine and it proves you're completely wrong. Definitely one of the two.

Right. They will leave and move their companies. But there's a good chance they will use their companies to purchase property back in the US. I was not referring to a global economy as that is completely irrelevant to this discussion. I was referring to the fact that a person on a beach in France can run his Bermuda-based company on an Ipad, and direct facility operations in Kansas. While some people choose to stay in the USA to do business, others have already left and others are sure to leave if faced with a 75% asset tax and 90% wage tax which some have argued for upstream in the thread

my argument all along was that tax rates could rise but revenues could not be guaranteed since some people would choose to leave and not pay the taxes.

I live in PA and do my heavy shopping in Delaware. What makes you think that a person worth millions wont seek to avoid taxation if they can? Stop being delusional - I took you for a grownup


Hey, shows how un-American they are and how worthless they are if they would rather flee the country than try to fix it.
 
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