Reply to Republicans and the debt ceiling

Forum Index » Political Discussion

Reply to "Republicans and the debt ceiling "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Government has a spending problem not a revenue problem. I could cut 25 percent of the federal govt workforce and it wouldn’t make a difference to most Americans. Just a jobs program. So much wasteful spending.[/quote]

You're wrong. Every billionaire is a policy failure. Every one of them would have contributed the same amount in exchange for $500 million -- meaning we left half a billion dollars on the table that could have gone to something productive. [/quote]

Ummm....as of 2020, the top 10 percent of earners paid 74 percent of all income taxes. The top 25 percent of earners paid 89 percent of income taxes and the top 50 percent of earners paid 97.7 percent of all income taxes. Most billionaires (not counting those who inherited it) took risk and founded companies that grew and now employ thousands of people who also pay taxes. The device you are typing on is a result of capitalists, innovators, and risk takers.....personality traits that socialism inevitably destroys. Socialism fails to take into account human nature -- why should I work hard, risk capital, take chances, innovate if I can't reap the rewards.

Socialism works until you run out of other people's money.[/quote]

Most of it is inheritited, let's be real.

What I don't get...unless you are a billionaire, which I doubt, why would you be ok with them pay less of their income tax proportionally than you, me or the garbage collector?[/quote]

https://www.statista.com/statistics/621426/sources-of-wealth-of-global-billionaires/

According to statista.com: "As of 2021, a majority of the world's billionaires had earned their wealth themselves. Over 2,000 of the total 3,311 billionaires worldwide that year had earned their fortune this way. Meanwhile, 338 billionaires had inherited their wealth."

I am not a billionaire. Billionaires and millionaires could certainly afford to pay more but they already pay more than their fair share. Most have created companies that employ thousands of people, probably including yourself, that also pay taxes.  [/quote]

“Acquiring” and “earning” aren’t the same. Nobody ever earned a billion dollars. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics