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Elizabeth Warren on Debt Crisis, Fair Taxation

Hits: 10203 | Rating: (2.4) | Category: News & Politics | Added by: fancylad
Page: 1 2 3 Next >   Jump to: Bottom    Last Post
DJHeight5
Male, 18-29, Southern US
 25 Posts
Saturday, September 24, 2011 12:54:10 PM
"So maybe we need to raise taxes on the poor so that they actually begin to pay for a) Their education. b) The need for police to keep them under control. c) All the public services they use like roads, sidewalks, police, garbage collection, etc."

You're an idiot. The taxes on the middle and lower class are already higher than those of the upper-class. I paid for my education, I pay for police to keep your self-important ass from getting killed, and I pay for the services I use. I also pay for the services I don't use like Medicaid and Welfare. I can only hope you were being sarcastic, because if you weren't you made it clear to everyone here that you have as much of an idea about how the world works as Sarah Palin or Rick Perry.

FartSmeller
Male, 50-59, Eastern US
 33 Posts
Friday, September 23, 2011 11:34:23 PM
No wonder this #$%^& named Warren wants to raise taxes. She's dipped her beak int TARP money to the tune of $192,722. She must be one of those jobs Obama saved.

Oh, and for those who are math challenged and yet call their superiors stupid: Go do a search of the Forbes web site for the article by Peter Ferrara titled "Correcting President Obama's Myriad Tax Fallacies"

It's applicable to Warren's idiocy too.

Gerry1of1
Male, 50-59, Western US
 33910 Posts
Friday, September 23, 2011 7:47:02 PM
"What the hell is this class warfare poo? "

It's a smoke screen. A diversion.
Call it something negative to put people on the defensive
or to make it sound descriminatory. If they said "Pay a fair tax"
no one would hate the idea.

Give'm the old Razzle Dazzle

GasMaskKid
Male, 18-29, Eastern US
 694 Posts
Friday, September 23, 2011 4:05:46 PM
What the hell is this class warfare poo?

Lameworld
Male, 18-29, Western US
 51 Posts
Friday, September 23, 2011 2:40:25 PM
@Dong007

Ignorant.......

zionred
Male, 30-39, Southern US
 44 Posts
Friday, September 23, 2011 2:30:35 PM
Marxism on display for all.

dang007
Male, 30-39, Southern US
 590 Posts
Friday, September 23, 2011 11:25:52 AM
"You moved your goods to market on roads the rest of us paid for????" And the rest of her comments. Did everyone's taxers pay for those roads. Why should the builder of the factory pay "extra" taxes?

Class warefare.

mcboozerilla
Male, 30-39, Europe
 649 Posts
Friday, September 23, 2011 10:07:59 AM
She's 100% correct.

simim23
Female, 18-29, Southern US
 1436 Posts
Friday, September 23, 2011 9:29:19 AM
"I'd tap it."

You can't tap it. You've clearly stated that you hate pussy.

Mrpoo
Male, 70 & Over, Europe
 141 Posts
Friday, September 23, 2011 8:48:08 AM
I agree with her simplistic point of view because it's completely valid.

When has 'fair' ever been debatable?

madest
Male, 40-49, Eastern US
 6458 Posts
Friday, September 23, 2011 8:31:35 AM
Screw the senate. ELIZABETH WARREN FOR PRESIDENT!

ledzeppeloyd
Male, 18-29, Midwest US
 2304 Posts
Friday, September 23, 2011 8:22:48 AM
lets give common sense a try

manorrd
Male, 30-39, Europe
 3000 Posts
Friday, September 23, 2011 7:39:30 AM
This whole thing screams of:

"You wanna know whose fault it is that things are tough? Bush! Bush and rich people, like that fat-cat factory owner raking it in and not paying his fair share."

I don't agree with her simplistic point of view for a minute.

pmarren
Male, 40-49, Midwest US
 4297 Posts
Friday, September 23, 2011 6:54:59 AM
I'd tap it.

Klamz
Male, 18-29, Eastern US
 693 Posts
Friday, September 23, 2011 4:11:10 AM
It's sad this even needs to be said.

CrakrJak
Male, 40-49, Midwest US
 16964 Posts
Friday, September 23, 2011 3:06:12 AM
davymid: Why don't you go check on Obama's largest contributors in 2008, they are some the biggest banks and brokerages. Guess who Rahm Emanuel doled out the majority of the TARP funds to ? Answer, those same banks that contributed to Obama.

If you call that 'democrats being for the working man' then you're really screwed up in the head. They might back the union thugs, but that's because they are essential to the machine politics of the metropolitan areas.

davymid
Male, 30-39, Europe
 12074 Posts
Friday, September 23, 2011 12:02:54 AM
The greatest coup the right-wing conservatives ever pulled was convincing the lower-class working man that they were working for him. All the while giving cash breaks to the dude with the yacht.

intrigid
Male, 18-29, Canada
 916 Posts
Friday, September 23, 2011 12:00:50 AM
... pass it on to everyone else. The best type of tax code is one that focuses heavily on sales taxes instead of business and income taxes. This fosters a society of productivity, savings, and underconsumption.

intrigid
Male, 18-29, Canada
 916 Posts
Thursday, September 22, 2011 11:58:17 PM
In her last point, she was basically making a moral argument about distribution of wealth. I respect her intentions and her desire to help get more wealth to the poor, making them less poor, which is admirable.

Here's something she doesn't seem to understand. Successful entrepreneurs are already paying a lot of taxes. Marginal tax rates in the US are higher for high income earners. I believe 35% for the top bracket. Not every business in the US is an Apple or Starbucks or some kind of license to print money. Not by a long shot.

If you increase corporate taxes, even for a business that is already profitable, what you're doing is changing the risk/reward balance. This means that businesses will have to be more selective on who they hire to ensure profitability. This can also have a discouraging effect on small businesses that haven't reached the top tax brackets.

Basically, there's no point in taxing corporations at all. They're just going to pass it on to ever

Gerry1of1
Male, 50-59, Western US
 33910 Posts
Thursday, September 22, 2011 11:34:22 PM

lack of leadership is silly?
But an joint economy with no direction is good... huh?
EVERYTHING requires leadership. Be it a small company, a large banking institution, or government social programs.
And I didn't specify a single leader... A group/party/government...whatever you want to call it...someone stearing the ship.

FartSmeller
Male, 50-59, Eastern US
 33 Posts
Thursday, September 22, 2011 10:46:36 PM
Gerry1of1,

Europe isn't in trouble because they didn't have a single leader. That's just plain silly. Their problem is that you can't have a credit based currency with multiple independent creditors. The Eurosceptics understood this from the start but were called "monetary quacks". They have been proven correct.

This entire economic mess has been caused by our various governments following Keynesian economics and other leftist fantasies.

If they recriminalized fractional reserve banking then banks would be forced to sell securities (bonds) with maturities that matched lender to borrower. Currently they borrow short and lend long, which will always fail in the end with the short term lender wants their money, NOW. That's what a bank run is. That is what we are experiencing right now, fractional reserve deflation. Stupidly the government thinks they can solve that problem by printing fiat currency and spending it. No that does not re

Gerry1of1
Male, 50-59, Western US
 33910 Posts
Thursday, September 22, 2011 10:39:09 PM

"freedom" ?

Freedom isn't gonna lower your taxes.
Freedom isn't going to make cheep labor in Taiwan less appealing to manufacturers.
Freedom is a social issue, not an economic one.

But yes, I'd like to see the freedoms we had when I was 20 restored.

FartSmeller
Male, 50-59, Eastern US
 33 Posts
Thursday, September 22, 2011 10:21:23 PM
gbrzeatetee,

There were gays in the military before I was born. What's wrong with having them defend the country like the rest of us. Heck if someone hates gays the first place they should want them is on the front lines as cannon fodder.

Of course, like you, most gay haters are irrational fools.

OldOllie
Male, 60-69, Midwest US
 13968 Posts
Thursday, September 22, 2011 10:02:46 PM
There is no magic pill. No one solution that will magically make it all go away.

Sure there is, Gerry. It's called freedom. Maybe one day we'll get it back. Not, however, till we get rid of this SCOAMF.

Gerry1of1
Male, 50-59, Western US
 33910 Posts
Thursday, September 22, 2011 9:57:46 PM

mvangild ~ I'm agreeing tarrifs aren't the solution. I was pointing out how the U.S. specifically engineered their own economic demise by refusing to protect itself. It was suicide.

There is no magic pill. No one solution that will magically make it all go away. Start with some easy, low tarrifs. Give companies warning so they can plan their reactions ... manufacturing in this country. Also fix the taxes. Also stop all this damn spending. And many other things are needed.

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