Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

humbled_opinion

(4,423 posts)
10. This post is a great reference point...
Mon Dec 10, 2012, 06:36 PM
Dec 2012

but the situation that is left over becomes one of how the rich recoup their loses. The bottom line is that the rich are not altruistic if they were a simple please donate in times of crisis in order to lower the governments burden would suffice. The ultra rich ultimately find a way to break it off on the middle class.They are afterall rich not stupid.

Now the next tier which I would argue are the not so rich businesses making 250K - 1M per year that is not really rich after you pull out the payroll and overhead and reinvestment those businesses do not end up being rich, if we do not protect those businesses than the owners usually must revert to passing costs on to consumers or reducing their workforces. If the increase cost of business is due to taxation and regulation that is spread to every business owner than the rules of competative marketplace pricing no longer apply and so in the end the consumers of those goods and services will be the ones that pay more.

Not winning the election didn't matter to them, proceeding as planned with a megaphone of fear. Avalux Dec 2012 #1
Absulutely Time for change Dec 2012 #2
Although you must agree that humbled_opinion Dec 2012 #11
And if we femrap Dec 2012 #14
I agree but the revenue humbled_opinion Dec 2012 #19
OK - let's forget going back to the Clinton tax rates for the super rich jcgadfly Dec 2012 #28
Now your talking about something that humbled_opinion Dec 2012 #30
When I look femrap Dec 2012 #31
Actually, some rich people Time for change Dec 2012 #32
Well technically they took advantage humbled_opinion Dec 2012 #33
They did a lot more than that. Time for change Dec 2012 #35
Yes, I femrap Dec 2012 #34
One trillion a year means that truedelphi Dec 2012 #15
I applaud your concept but humbled_opinion Dec 2012 #20
Please let Jn Stewart (or his staff) know the numbers he truedelphi Dec 2012 #24
Absolutely not Time for change Dec 2012 #16
When a countries debt humbled_opinion Dec 2012 #21
The question before us is how best to handle our current situation now -- Time for change Dec 2012 #22
not only the msm but the President himself ??? rtassi Dec 2012 #6
Yes, I know. Avalux Dec 2012 #9
Well, he also refers to "Clean Coal" rtassi Dec 2012 #17
kr HiPointDem Dec 2012 #3
very good post Angry Dragon Dec 2012 #4
Fuck this compromise. OFF THE CLIFF! NT Pryderi Dec 2012 #5
Rep Clyburn on MSNBC is saying, "Let's meet half way" - meaning 37% nt Pryderi Dec 2012 #7
The Chart NewYorkTaxPayer Dec 2012 #8
It's from "The Nation" Time for change Dec 2012 #12
This post is a great reference point... humbled_opinion Dec 2012 #10
Spot on as always. go west young man Dec 2012 #13
This "fiscal cliff" is all shock doctrine garbage gollygee Dec 2012 #18
Always a recommendation for your articles. Egalitarian Thug Dec 2012 #23
The absence of a progressive voice in our government... kentuck Dec 2012 #25
It is almost like they think we are stupid. aandegoons Dec 2012 #26
In my opinion it's not so much that they think we're stupid, as Time for change Dec 2012 #27
It's just more for them and less for us.Until we break that cycle nothing is ever going to change. Initech Dec 2012 #29
Latest Discussions»General Discussion»The “Fiscal Cliff” Scam t...»Reply #10