'job creators' aka rich folk

RFTC wrote:

Parachute wrote:

OP is a marching member of The Confused.

If liberal radio hadn't failed, you would be a rock star.

moving on...

sorry that you cannot face the facts mister,

effective tax rates have been slashed over the last 10 years, % of revenues versus GDP has shrunk from 18% to 14%, yes spending has increased from 18-23% and i acknowledge that needs to be dealt with as well.

stop listening to the sound bytes and review the math.

Prince Of Dorkness wrote:

But they DO pay for rent, gas, food, clothes, entertainment, cars, houses, ballet lessons, internet porn, cable TV, TVs, iPods, books, magazines, shampoo, makeup, sex toys and dog food, right?

They're the ones who actually keep the economy going.

You think it's all just the top 2% who keep Walmart in business? When's the last time YOU saw Paris Hilton at the local Home Depot?

You ever run into the Koch brothers at Target?

No... this country is kept (barely) going because of the people who spend their money. NOT the ones who stockpile it.

inmytree wrote:

RFTC wrote:

the debt limit negotiations and corresponding parade of idealogical stances are really starting to paint our 'leaders' into a corner. i for 1 love that fact that boehner and fellow gop are putting all their chips behind the 'job creators', who the fk are these people? take a look at any hiring graph (microbusiness, to SMB) over the last 8 years and the bush tax cuts HAVE NOT produced jobs.

take another look at exec pay over the last 10 years and it becomes even more apparent. tax breaks and corresponding tax loop holes are not reinvested back into economy (aka trickle down) economic theories.

want to curb excess exec pay really quick? tax the fk out of multi-millionaires, board members (who approve these packages) will loathe their income being taxed by uncle sam, guess what happens next? an easing of exec pay standards to hopefully back to some logical ratio to the middle manager/salaried employee.

i am grating against BOTH parties as our defense budget is once again immune to these deficit reduction negotiations. both parties are beholden to defense contractors. meanwhile our children, young adults, lower & middle class, and elderly will get rat fkd.

when will the middle class in america stand up, austerity measures in europe have united people, what will it take for this to happen in america?

great post....

too bad those who disagree will only offer bumper sticker phrases and nothing else...

Prince Of Dorkness wrote:

Electric_Delta wrote:

[

Who owns the companies that produce those consumer goods? Those diabolical "rich people."

Well actually... no. Most of those huge companies are owned by stock holders, many of whom aren't "rich."

And it's not the rich people who are keeping those companies in business. Or are you unable to understand that it's not the super-rich 1% who are BUYING all those consumer goods? A business won't STAY in business if there is no business to be done.

AND if the poor and middle class aren't able to buy things... they're not going to spend money. And those companies will go under.

Are you incapable of understanding such a simple concept?

RFTC wrote:

Sludge Factory wrote:

RFTC wrote:

I think revenues have decreased to 14% not because we need to raise taxes, but because we are in a recession. Less people spending money/being employed = less revenues collected. Just raising the taxes on an economy that is already in a depression won't yield the increase in revenues that so many people believe it will.

good points, i never wrote nor advocate just raising taxes. hell, i hate them and look for every legal deduction possible. i do feel that asking select classes of our population to bear majority of pain is a problem. i do take issue w/ANY discussion of limiting tax loopholes for the wealthiest class being offlimits or a 'dealbreaker' in dealing w/this mess.