If paying taxes is the definition of "patriotism", then America is up to it's eyeballs in Patriotism already!! :irked:

 

http://news.yahoo.com/s/ap/20080918/ap_on_el_pr/biden_taxes

 

"Democratic vice presidential candidate Joe Biden said Thursday that paying more in taxes is the patriotic thing to do for wealthier Americans."

If paying taxes is the definition of "patriotism", then America is up to it's eyeballs in Patriotism already!! :irked:

 

http://news.yahoo.com/s/ap/20080918/ap_on_el_pr/biden_taxes

 

"Democratic vice presidential candidate Joe Biden said Thursday that paying more in taxes is the patriotic thing to do for wealthier Americans."

:lol: According to Obama, it is just the neighborly thing to do. (Be neighborly or go directly to jail.)

What % does he want them to pay? Where do you draw the line? This could get out of control. If taxes are up around 50% for the rich they will work much less. A lot of them own sole proprieterships or partnerships and employee a good number of individuals. There could be bad effects from this.

What % does he want them to pay? Where do you draw the line? This could get out of control. If taxes are up around 50% for the rich they will work much less. A lot of them own sole proprieterships or partnerships and employee a good number of individuals. There could be bad effects from this.

 

bull. If you want to have money, you will not quit working because your taxes go up. You will either make more money and not worry about it, or you will find ways to hide.

 

I would venture to say that it is also a moral duty.

bull. If you want to have money, you will not quit working because your taxes go up. You will either make more money and not worry about it, or you will find ways to hide.

 

I would venture to say that it is also a moral duty.

If paying federal income taxes is a moral duty for the rich, then are the 40 percent of Americans who pay no federal income taxes immoral? What about those people who have cell phones, multiple TVs, game consoles, and other luxury items who accept federal income tax refunds in excess of the amount withheld from their paychecks? Are thy acting in a moral way?

 

Socialism by whatever name you want to call it that involves compulsory "patriotism" and "neighborliness" is not a moral way to govern a nation of free people.

bull. If you want to have money, you will not quit working because your taxes go up. You will either make more money and not worry about it, or you will find ways to hide.

 

I would venture to say that it is also a moral duty.

 

Its not bull. A lot of business owners have to put their personal assets at risk in starting or developing their businesses. Impose very high taxes on their revenues (thus decreasing the possible returns on investment) and 1. the willingness to incur those personal risks drops, or 2. they find ways to maintain their profitability by decreasing the wages and benefits they pay to their employees or they outsource jobs overseas to remain competitive with their overseas competitors that don't have to pay the high taxes or they high illegals willing to work very cheaply. None of those outcomes I think is desirable.

Biden: Wealthy Americans Must Pay More Taxes to Show Patriotism

 

http://elections.foxnews.com/2008/09/18/biden-wealthy-americans-must-pay-more-taxes-to-show-patriotism/

 

Democratic vice presidential candidate Joe Biden says that paying higher taxes is the patriotic thing to do for wealthier Americans.

 

Biden says he and Democratic presidential candidate Barack Obama want to “take money and put it back in the pocket of middle-class people.”

 

Under the Democrats’ economic plan, people earning more than $250,000 a year would pay more in taxes while those earning less — the vast majority of American taxpayers — would receive a tax cut.

 

Biden told ABC’s “Good Morning America” on Thursday that, in his words, “it’s time to be patriotic … time to jump in, time to be part of the deal, time to help get America out of the rut.”

Whats funny is that they (Obama and Biden...and the Clintons) say that , yet everyone of them claim deductions on their tax returns. They can also choose to pay more in taxes every year. So why arent they already doing this....why are they taking deductions?

 

Every American is welcome to pay more in taxes every year...

Then, assumedly, Biden would be happy with our current situation. The top 1% of taxpayers earn 21.2% of all income, but pay 39.4% of all federal income taxes.

bull. If you want to have money, you will not quit working because your taxes go up. You will either make more money and not worry about it, or you will find ways to hide.

 

I would venture to say that it is also a moral duty.

 

Again, I ask where do you draw the line? What do you want their marginal or effective tax rates to be? 50%? 60? 70?

It's not bull, it's Socialism.

What % does he want them to pay? Where do you draw the line? This could get out of control. If taxes are up around 50% for the rich they will work much less. A lot of them own sole proprieterships or partnerships and employee a good number of individuals. There could be bad effects from this.

 

Oh no, they'll go from making 50 million to 45 million dollars a year. Who cares that the middle class and poor are suffering now, I mean there's a lot more rich people in the U.S.

Its not bull. A lot of business owners have to put their personal assets at risk in starting or developing their businesses. Impose very high taxes on their revenues (thus decreasing the possible returns on investment) and 1. the willingness to incur those personal risks drops, or 2. they find ways to maintain their profitability by decreasing the wages and benefits they pay to their employees or they outsource jobs overseas to remain competitive with their overseas competitors that don't have to pay the high taxes or they high illegals willing to work very cheaply. None of those outcomes I think is desirable.

 

Where did you copy all that from?

It's not bull, it's Socialism.

 

It's also good economics.

As I posted on the other thread...Then why is Obama, Biden, and the Clintons taking deductions? They can CHOOSE to not take any deductions... This is such hiprocracy! Why dont they elect to not only not take deductions but too pay a higher rate. They have that option.