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In reply to the discussion: A message to those who think that someday they will benefit from GOP upper tax rates. [View all]TBF
(31,921 posts)48. 100K a year is not a lot of money -
not in the scheme of things. The professional classes can certainly pay more (and I'm in that class myself), but the thing people are missing is that it's not the folks making under half a million that are "rich". It's the folks who are making so much money off their inheritance/investments that they aren't tied to a paycheck.
I'd start by repealing all of the cuts to the capital gains tax that have been made in the past 30 years, repeal all the Bush tax cuts (or start with all those over $250K - either way), and then go from there.
We also need to cut spending - I'd start with the Pentagon.
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A message to those who think that someday they will benefit from GOP upper tax rates. [View all]
onehandle
May 2012
OP
Still got my job, my annual raise, and even bonuses in this recession. Yet, I have still lost out.
ieoeja
May 2012
#27
John Galt was his own father and mother. Because John Galt never needed help from anybody. n/t
ieoeja
May 2012
#32
"There are many" How many? What percentage of the wealthy support progressive policies?
rhett o rick
May 2012
#81
Your statements are very general. How many in the 1% support liberal candidates?
rhett o rick
May 2012
#84
Actually, it can happen very easily if they disconnect the tax cuts from everything else.
ieoeja
May 2012
#31
I'll make that deal as long as it includes all the capital gains tax cuts of the past 30 years. nt
TBF
May 2012
#47
It just goes to show there's no shortage of people who are quite happy being useful idiots
Major Nikon
May 2012
#26
The majority of those who think that way, live in the 'dumb' states, and don't think....
dmosh42
May 2012
#7
It is perplexing to think about how people think it will miraculously change and they will get rich
liberal N proud
May 2012
#9
It might have occurred to you that the reason why you aren't in the top 1% is precisely because
CTyankee
May 2012
#68
Yup, I agree completely. I think I had more of a chance than many because I grew up in the 70s
TBF
May 2012
#69
The investment interest will have me paying WAY more than that in taxes every year!
Spoonman
May 2012
#33
Every law effects the distribution of wealth and everyone with power ties to keep it for themselves.
airplaneman
May 2012
#44