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Poor Mr. Fleming

Discussion in 'Political Debate & Discussion' started by Magnetic Poles, Sep 20, 2011.

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  1. Magnetic Poles

    Magnetic Poles New Member

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    Your 1st point is not the issue. It is his whining about feeding his family while raking in far more than most in this country as an excuse to attack the proposal for the wealthiest to pay a fair share like the rest of us.

    To your second comment, of course all federal employees are deserving of a paycheck for the work they do. Again it is his disingenuous comments as a highly-compensated public servant that are the problem. Obama is not the one making such an issue about not having enough to care for his family. If Mr. Fleming needs to make more money, resign and go get a job that pays more.
     
    #21 Magnetic Poles, Sep 21, 2011
  2. targus

    targus New Member

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    Lets skip past your silly games.

    Answer one question.

    What is the "fair share" that the wealthy are supposed to pay?

    Specifics please - not platitudes.

    What percentage of income should a particular income bracket be paying - then show me how that particular percentage is "fair".
     
    #22 targus, Sep 21, 2011
  3. Magnetic Poles

    Magnetic Poles New Member

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    The answer is quite simple. Tax the wealthiest, at minimum, at the same rate as a person making $100k, and do it on ALL income, not just wages. Demonstrate to me how that would not be fair. Under Reagan, the tax on this group was far higher and the economy was in much better shape. How is it an equitable situation for the middle class to subsidize the rich? I am not saying overtax them...just pay what the rest of us do.

    Sorry you think answering you is a silly game. If you don't like the answers, don't ask the questions.
     
    #23 Magnetic Poles, Sep 21, 2011
  4. Crabtownboy

    Crabtownboy Well-Known Member
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    Many seem to forget that Reagan raised taxes 11 times and the national debt limit 18 times. All this is easy to find on the Net. Gotta run, y'all do your own research .... going to my high school class reunion .... see y'all in a few days.
     
    #24 Crabtownboy, Sep 21, 2011
  5. InTheLight

    InTheLight Well-Known Member
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    No comments from our left of center people? I see it validates something in another thread. I'll copy and paste one of the points from "Signs You Might be a Liberal":

    You get infuriated when you hear about the CEO of a Fortune 500 company making tens of millions of dollars, but don't see a problem with an actor, basketball player, or trial lawyer making the same amount.

    (Disclaimer: "Signs You Might be a Liberal" was compiled from emails, public domain, websites, and my own observations.)
     
    #25 InTheLight, Sep 21, 2011
  6. targus

    targus New Member

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    Under your scheme someone making $100,001 would be charged the same tax rate as someone making $1,000,000? Haven't you been saying that the "rich" need to pay their fair share?

    Why is your cut off $100,000?

    Is it fair for someone making $99,999 to pay less than someone making $100,001?
     
    #26 targus, Sep 21, 2011
  7. InTheLight

    InTheLight Well-Known Member
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    I think Magnetic Poles is saying there should be a flat tax. The same percentage paid on everyone's income. Example: 15% tax on income, 15% tax on capital gains, 15% tax on estate taxes, 15% tax on interest income, etc.

    But perhaps MP should answer.
     
    #27 InTheLight, Sep 21, 2011
  8. billwald

    billwald New Member

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    TARGUS doesn't understand the concept of "marginal tax rate?" For most people the concept is a given. Maybe he has never seen the 1040 instruction booklet. Maybe the the IRS should publish a KJV with the 1040 tax tables as an appendix. Then Targus might understand.
     
    #28 billwald, Sep 21, 2011
  9. carpro

    carpro Well-Known Member
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    Doesn't matter who it is. If they're financially successful, liberals want to steal their wealth.
     
    #29 carpro, Sep 22, 2011
  10. targus

    targus New Member

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    Your "maybes" are wrong on every count. :smilewinkgrin:

    I was addressing his answer.

    How about you?

    What is the "fair share" tax formula in your opinion and why?

    Please be specific - no platitudes.
     
    #30 targus, Sep 22, 2011
  11. billwald

    billwald New Member

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    Since you asked, my tax program is:

    1. An import duty on all consumer goods and partial assemblies
    of consumer goods.

    2. Taxing personal capital gains the same as personal income from wages and fees.

    3. A 100% death tax on all estate assets over $100 million.

    4. An income tax table with the marginal tax rate based on multiples of the federal minimum wage. No joint filing. No exemptions. (Maybe a top rate of 50% marginal tax rate at 100 times minimum wage and over, now around 1.4 million?)

    5. No federal income tax on incomes less than twice the minimum wage. (This would more than offset the effect of no joint filing and no exemptions. Two wage earners in one family - now the norm - could have 4 times minimum wage to live on.)

    OR

    An electronic transfer tax to be determined and no personal income tax plus the death tax and import tax as noted above.
     
    #31 billwald, Sep 22, 2011
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