Why do Republicans want to RAISE your taxes?

[Anonymous]

http://www.msnbc.msn.com/id/44218846/ns/politics/t/gop-may-ok-tax-increase-obama-hopes-block/

Answer: because this one is for the working class.

[TheManWithAUsername]

You have to wonder exactly what they're after. They've gained so much ground the last few decades that they don't even realize where they're pushing now - they can't stop the forward charge.

At this rate, in another few decades they'll be pushing for indentured servitude or work camps or something, and after that just outright slaughter. And the TP types will be marching in front, yelling, "Kill us! We're leeches!"

This is why the Reps are always yelling about class warfare - they're projecting their own impulses on us.

[Anonymous]

they want everybody to pay taxes so that everybody hates government. Obama only wants some to pay taxes so most are dependant and get free services but nobody can get rich. Obama is an enemy of the consititution and the whole concept of limited government. Thats why americans are repelled by his policies.

[Anonymous]

I actually think because it wasn't just the rich who got us into this mess. Yes, there were greedy folks in the banks (which no one seems to be doing much about). However, there was a lot of fiscal irresponsibility at all levels, including people who overstretched to get their mortgages (even though the banks shouldn't have given them a mortgage for the rates they did), who saw their houses as piggy banks, who saw flipping houses as a get rich quick scheme, who ran up credit card debt to have the right brand name on their shoes, drive the right car, and look the part without saving a dime, and who continue to believe that others who didn't overstretch or play the system should fund their mistakes. In 2008, there was a lot of bellyaching that the guy down the street is going to lose his house, and am I am going to lose my shirt, because the guy down the street should never have bought that house in the first place and brought my housing price down. Yet, that guy down the street was the one looking to blame someone else for his poor choices. It took a whole country making bad decisions and looking to cash in to bring us to this point. It's not just the people who actually didn't get hurt that should pay for the people who didn't act responsibly in the first place. The people I feel sorry for are the ones who have gotten hit with job losses because the credit markets tumbled because our inflated housing market collapsed.

[Anonymous]

Anonymous wrote:they want everybody to pay taxes so that everybody hates government. Obama only wants some to pay taxes so most are dependant and get free services but nobody can get rich. Obama is an enemy of the consititution and the whole concept of limited government. Thats why americans are repelled by his policies.

You're not making any sense. Everybody already pays taxes of some kind. They just want to increase payroll taxes on the first $106,000 of what each worker earns so that their billionaire bosses don't have to pay a penny more in taxes. They are flat out saying that they are the party of the top 0.3% of the population, which finances their PACs and will give them a cushy job in some think tank or investment bank or a highly lucrative lobbying gig once they have done what they're told and leave office.

They are increasing YOUR taxes. THE REPUBLICANS WANT TO INCREASE WORKING PEOPLE'S TAXES. THE REPUBLICANS WANT TO INCREASE YOUR TAXES (Sorry, I'm so enjoying saying this). All this while I pay only 15% on my investments. YIPPEEEEEEE!!!

[Anonymous]

corporate profits are taxed at 35% and then taxed again at 15% when distributed to stockholders. Thats a 50% tax moron.

[Anonymous]

Anonymous wrote:corporate profits are taxed at 35% and then taxed again at 15% when distributed to stockholders. Thats a 50% tax moron.

1. No, that is a 45% tax. Learn math before you call people morons. And don't write back until you get it.

2. The reality is that corporate taxes are half of what you say, based on the many breaks they get. So actually the effective tax rate on dividends according to your logic is 30%. In the case of GE it is around 5% they are so good at scamming us.

3. Most earnings aren't paid out as dividends. They are reinvested in the company where they continue to generate growth until they are paid out many years later as dividends, so there is a lot of compounding that occurs that is untouched by the dividend tax. Your "analysis" ignores that. So the effective taxation on profits is really much closer to 15% than 30%.

[Anonymous]

Corporations are one entity( or person) and stockholders are another. There is no double taxations. You can't just make things up. Well, maybe you can!

[Anonymous]

reinvested profits are taxed at 30%, then taxed again at 15% if stock value increases. Owning a corporation, I am painfully aware you can't reinvest earnings without a large tax bite.

[Anonymous]

Anonymous wrote:Corporations are one entity( or person) and stockholders are another. There is no double taxations. You can't just make things up. Well, maybe you can!

are you a friggin idiot. the stockholders own the company. the profits belong to the stockholders. the government taxes the same money 2 times.

[Anonymous]

Anonymous wrote:

Anonymous wrote:corporate profits are taxed at 35% and then taxed again at 15% when distributed to stockholders. Thats a 50% tax moron.

1. No, that is a 45% tax. Learn math before you call people morons. And don't write back until you get it.

2. The reality is that corporate taxes are half of what you say, based on the many breaks they get. So actually the effective tax rate on dividends according to your logic is 30%. In the case of GE it is around 5% they are so good at scamming us.

3. Most earnings aren't paid out as dividends. They are reinvested in the company where they continue to generate growth until they are paid out many years later as dividends, so there is a lot of compounding that occurs that is untouched by the dividend tax. Your "analysis" ignores that. So the effective taxation on profits is really much closer to 15% than 30%. great, so raise the dividend/cap gains tax to 25% and abolish corproate taxes (since they don't pay any) lol. I'll take that deal in a second.

[Anonymous]

You are an idiot. A company and it's stockholders are two different entities or persons. For there to be double taxation, these two entities would have to be taxed twice on each of their income. So, you need four taxes(two taxes on each entities income, not each being taxed once)
If person "a" gives money to person "b" and person "b" uses that money to generate income, "b" will be taxed on the income. Now if "b" pays "a" for the use of the money, "a" pays taxes on that income. Try to sue the stockholders of a company for the actions of the company. Oh, and don't pay your taxes b/c the income tax is illegal.

[Anonymous]

so if you work for the government, and taxes are taken out of your check before you get your check and then you are taxed again 15% for all the money you had left over. you weren't taxed twice since you can't be personally sued if the government does something negligent? wow you're a genius.

[TheManWithAUsername]

If Sean Hannity advocated for PP personally to be burned at a stake, PP would be here arguing for the need for his own immolation, claiming universal, eternal support for it while simultaneously acting like it was a fresh, new idea.

[Anonymous]

since when does truth need to be fresh and new. corporate earnings are taxed twice. 30% once and 15% the second time. earnings are the property of stockholders. stockholders are citizens and the boss of the government. the constitution severely restricts the government which has shown signs of outgrowing the consent of the governed.