Tuesday, September 28, 2010 11:43:24 AM
Somehowfunny, I love your warlock picture, I can't for the life of me remember the name of that comic.
So we should punish people for building wealth and tax them more than people who are ok signing a W-2 every year and working for someone else other than themselves?
Let`s look at it this way, one of my businesses grosses about 220,000/yr. Now thanks to new taxing of income above 250,000/yr there is no incentive for me to grow or expand my business anymore, because if I was making 255k/yr I still would be making under 220k after taxes. So why not keep my business where it is, keep playing the tax game like I do (i.e. not paying for cars, or houses, cell phones, but having my company do it for tax write offs) so that I can take home more money, instead of making an additional 50k/yr just to rape myself into a higher tax bracket?
I would rather open three businesses that were under 250k than one business that grossed a million, and probably take more home.
Monday, September 27, 2010 11:40:25 PM
These people are just dumb. You have to have taxes if you are living in a society larger than a small thorpe if you want to maintain roads, education, and postal services. But the middle class has born the brunt of taxation since it came about. There was a time where it was the lower class...but they were called serfs.
Tax the wealthy, ya know the people who earn more that the state of Alabama's yearly education fund. Take 20% of their gross income, cut the military and congressional spending in half and invest that back into road work, expanding schools and helping the homeless. Not hand outs, but shelter as in housing. We would see jobs all over the place. It worked during the Great Depression, it could work now.