http://patrioticmillionaires.org/
I just didn't want the millionaires here to feel left out.
Patriotic Millionaires
Discussion in 'Political Debate & Discussion' started by Robert Snow, Sep 29, 2011.
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"Letting tax cuts for the top 2% expire as scheduled would pay down the debt by $700 billion over the next 10 years"
That's $70 billion a year.
Obama blew $535 billion just on Solyndra in a year - for nothing.
Would raising taxes on the millionaires really make a difference?
I believe that the technical term is "throwing good money after bad". -
Three things:
1. I don't think it is a virtue to be patriotic, but rather a vice.
2. I do not think it is compassionate to want your taxes increased.
3. I don't think it is wise to give an responsible government more money.
Thoughts:
1. Patriotism is overused by both Republicans and Democrats. For me, I live in American and am thankful for my freedom, but I think patriotism places undo honor to the state. In the New Testament, I do not see any hint of patriotism by the Christians and I offer none for America. It is a government, corrupt at times and good at times, but it does not deserve my patriotism. It only deserves the honor mandated to it by the Bible.
2. If you want to show compassion, volunteer to help those most in need and give out of your pocket to a need. Taxes are are not "compassionate" but a necessity.
3. My main moral reason against raising taxes is that our government is entirely irresponsible. Not just irresponsible when Obama is in office, but with Bush as well. Clinton with a Republican Congress became somewhat responsible. But, both are like children addicted to credit cards. The cure is not more money or more credit cards, but more discipline.
To ask more money when you are entirely immoral in your responsibilities with money is immoral. -
InTheLight Well-Known MemberSite Supporter
"Raising taxes to the pre-Bush era levels for the top 2% would bring in $700 Billion for fresh spending in the next 10 years." -
About a month ago, Allen Greenspan noted on Meet the Press that our two options, cutting federal spending or raising taxes, both will hurt the economy. He said, though, that the IMF and he both agree that raising taxes will do more harm to the economy dollar for dollar. I do not like Greenspan and strongly disagree with his economic policies. However, I agree with his assessment. -
InTheLight Well-Known MemberSite Supporter
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Bro. Curtis <img src =/curtis.gif>Site Supporter
But the spirit of his post is dead-on. Team zero has promised over $30 Billion in guaranteed loans to "green tech" companies. If they are as well researched and executed at this one was, , it won't take long to see the billions of flushed cash go into double digits.