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2016 Postmortem

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ejbr

(5,856 posts)
Tue Nov 27, 2012, 09:29 AM Nov 2012

The bitterness over the rich and their tax cuts [View all]

In trying to understand the visceral frustration that many of us have toward the rich not "doing their fair share", it seems that there are those who don't seem to understand how this frustration came to be:

the rich were given a tax cut while their bank accounts increased exponentially compared to everyone else.

the rich had their tax cuts and bank accounts increased exponentially compared to everyone else while everyone else was losing jobs and suffering through a mortgage crisis.

the rich had their tax cuts and bank accounts increased exponentially compared to everyone else while sending other people's children to die and be maimed in war, while increasing the deficit because of the cost of these same wars.

the rich had their tax cuts and bank accounts increased exponentially compared to everyone else while everyone else bailed them out of their own malfeasance although everyone else's own situations could have used a bail out.

the rich had their tax cuts and bank accounts increased exponentially compared to everyone else while we now discuss cutting benefits for everyone else who did nothing to create the mess we are in (unless you voted Republican, of course).

the rich had their tax cuts and bank accounts increased exponentially compared to everyone else while they already had tax loopholes that permit them to pay minimal to no taxes, including their multi-national corporations, while the rest of us have to fight to keep our mortgage deductions and ignore that we pay a significant amount of our income to help fund our roads, police, and fire departments.

No, bringing the rich's tax rates back to Clinton era levels will not solve all of our problems, but at least the rich will (seemingly) have some skin in the fucking game.

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+100 nt LiberalEsto Nov 2012 #1
You are correct and we cannot lose sight of this CanonRay Nov 2012 #2
No ... 1StrongBlackMan Nov 2012 #8
I'm onboard with that! LongTomH Nov 2012 #26
I can't understand all the DUers ... 1StrongBlackMan Nov 2012 #28
A Balanced Response Protalker Nov 2012 #3
a 65% minimum tax for those over 250k feels right to me MrYikes Nov 2012 #4
Cons say retirees will be shafted, one of their many lies. DaveJ Nov 2012 #5
Retired and doing my share 4 more years Nov 2012 #6
Recently inherited and think I will just buy a chunk of land toby jo Nov 2012 #7
Very good points. They need to get some skins in the game. Arkansas Granny Nov 2012 #9
Well said! nonoxy9 Nov 2012 #10
I remember when tax rates were much higher Curmudgeoness Nov 2012 #11
+1 freshwest Nov 2012 #13
When will effin' Congress listen to Warren Buffett? mwooldri Nov 2012 #12
But worse yet: the rich were supposed to "re-invest" in America KansDem Nov 2012 #14
I get it W.J. McCabe Nov 2012 #15
I'm not bitter. It is just horrible fiscal policy. ieoeja Nov 2012 #16
Investment - (n) a campaign contribution AnotherMcIntosh Nov 2012 #18
Good one! n/t ieoeja Nov 2012 #24
Were all the banksters that received the money even Americans? AnotherMcIntosh Nov 2012 #17
President Obama John2 Nov 2012 #19
With their media dominance The Wizard Nov 2012 #20
Ha!! Your post answered mine (below)!! Thanks! SaveAmerica Nov 2012 #22
Funny how the lower incomes want to protect the wealthiest and their $$$ SaveAmerica Nov 2012 #21
+1000 blackspade Nov 2012 #23
I think everybody got tax cuts from the Bush tax cuts taught_me_patience Nov 2012 #25
If you are not going ejbr Nov 2012 #30
Look. november3rd Nov 2012 #27
The Wealthy individuals mstinamotorcity2 Nov 2012 #29
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