1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

Analysis: Romney tax plan strongly favors the rich

Discussion in 'News & Current Events' started by Crabtownboy, Mar 3, 2012.

Top Posters
  1. Crabtownboy

    Crabtownboy Well-Known Member
    Site Supporter

    Joined:
    Feb 12, 2008
    Messages:
    18,441
    Likes Received:
    259
    Faith:
    Baptist
    Raise taxes on the poor and middle-class, but don't touch the rich. They need their more more than others ... or so it would seem.
     
    #1 Crabtownboy, Mar 3, 2012
  2. mandym

    mandym New Member

    Joined:
    Feb 3, 2011
    Messages:
    4,991
    Likes Received:
    0
    Sure it does
     
    #2 mandym, Mar 3, 2012
  3. InTheLight

    InTheLight Well-Known Member
    Site Supporter

    Joined:
    Dec 17, 2010
    Messages:
    24,988
    Likes Received:
    2,268
    Faith:
    Baptist
    So now the goalposts have been moved again. The rich are no longer the "top 2%" now they are the top 20%! What a dishonest argument.

    [Article ignored, deleted.]
     
    #3 InTheLight, Mar 3, 2012
  4. Crabtownboy

    Crabtownboy Well-Known Member
    Site Supporter

    Joined:
    Feb 12, 2008
    Messages:
    18,441
    Likes Received:
    259
    Faith:
    Baptist
    So you not only want taxes reduced for the top 2%, but also for the top 20%. Are you in the top 20%?

    If not do you want your taxes raised.

    Obama is talking about raising taxes for the top 2%. Romney is proposing a reduction of taxes for the top 20% and taxes raised for the lower and middle class.

    Are you one who say the poor and middle class do not deserve what they have, so lets take it away and help the rich?
     
    #4 Crabtownboy, Mar 3, 2012
  5. InTheLight

    InTheLight Well-Known Member
    Site Supporter

    Joined:
    Dec 17, 2010
    Messages:
    24,988
    Likes Received:
    2,268
    Faith:
    Baptist
    I want taxes cut for EVERYBODY. But, I would reluctantly go along with the top 2% having their tax brackets revert to pre-Bush levels. I'm not in the top 20% (as far as I know).

    No, I don't want my taxes raised. The article said that bottom 20% would see a tax increase of 1.3%. I'm not in the bottom 20%.

    According to the article you posted, Obama wants to raise taxes on the top 20% (last paragraph of article.)

    No, Romney's plan is for cutting taxes for everybody. See, the article contradicts itself. They are analyzing Romney's tax plan as stated months ago. However, he came out with another proposal calling for a 20% reduction in marginal tax rates for everyone that pays taxes (fourth paragraph.)

    Of course not. This is a dishonest article. Big surprise coming from CBS news, I know. For example, take a look at the average tax cut the article claims the top 20% will receive--$16,134, or 5.4%. Do the math. Divide $16,134 by 5.4% and you will see that the claim is that the top 20% are currently paying $298,777 in taxes. Now, think about that for awhile. Is that honest? Is that accurate? No.

    Furthermore, the article states that the study does not take into account the added tax revenues from closing loopholes and eliminating deductions (sixth paragraph.)

    Therefore, article ignored.
     
    #5 InTheLight, Mar 3, 2012
  6. targus

    targus New Member

    Joined:
    Feb 10, 2008
    Messages:
    8,459
    Likes Received:
    0
    Approximately 60% don't pay any taxes.

    Some get money back on top of that.

    $149 hardly seems like a big deal.

    I doubt that very many of the 60% not paying taxes now would end up actaully paying even the $149 anyway.
     
    #6 targus, Mar 3, 2012
  7. mandym

    mandym New Member

    Joined:
    Feb 3, 2011
    Messages:
    4,991
    Likes Received:
    0
    They all deserve what they have including the rich.
     
    #7 mandym, Mar 3, 2012
  8. billwald

    billwald New Member

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    2
    And when the bottom 80% are serfs they will hardly pay any taxes at all same as the bottom 60% serfs.
     
    #8 billwald, Mar 3, 2012
  9. Don

    Don Well-Known Member
    Site Supporter

    Joined:
    Oct 7, 2000
    Messages:
    11,048
    Likes Received:
    321
    Faith:
    Baptist
    This is meant to be facetious: What better incentive to work harder and make more money, than the "carrot" of less taxes?

    Back to serious mode.
     
    #9 Don, Mar 3, 2012
  10. carpro

    carpro Well-Known Member
    Site Supporter

    Joined:
    Oct 14, 2004
    Messages:
    25,823
    Likes Received:
    1,167
    Faith:
    Baptist
    Cry me a river.

    :(

    When the poor start paying taxes, let us know.
     
    #10 carpro, Mar 3, 2012
(You must log in or sign up to post here.)
Loading...