Tuesday, December 27, 2011

It's Only Money

How can anybody win an election if they don't give candy to the voting kiddies? Seriously, you can't buy enough votes if you don't provide adequate pay-offs, kick-backs and presents.

Slip Me Another Trill and a Half

You know the drill by now. We'll simply repeal the Bush era tax cuts and maybe tweak the rate for "millionaires...aka those making more than $250k/year) up a few points. That should do it.

5 comments:

Anonymous said...

Ed,


I always viewed the GOP promise of low tax rates for the rich as a means of buying votes. The flim flam comes when you start talking trickle down, which of course is actually trickle up.

The thing the Tea Party types don't understand is that taxing the poor doesn't work. Why? Becasue they don't have any money. As Willie Sutton was alleged to say. "It's where the money's at." Thats why you have to tax the rich.

If the rich would put more poor people to work so they become productive taxpayers (50k to 100k)their taxes wouldn't need to be so high would they? You need a hammer to make sure the low tax rates for the rich actually do trickle down.

And look at what happens when we close down a factory of a 1000 workers at an avg of 50k/worker over a ten year period that is 165 million dollars in lost tax revenue. We have a lot of tax revenue lost in people who want work but can't find a job right now.

The Democrats have offered budget cuts. The GOP has to offer tax increases to be fair. That pesky President Grover Norquist is a problem the GOP will have to deal with.

~Leadfoot

immagikman said...

The idea of tax cuts for the rich as a means of "Vote" buying is ludicrous. There are NOT that many RICH people, certainly not enough to swing a vote against the massive welfare state and illegal populations...not to mention the thousands of Dead people the Democratic party uses each year :P

The "Rich" cant put more people to work till its financially worth their wile. When it will cost you more to hire someone than you will make back in profit, theres no point. That is why INCOME taxes are just idiotic, it penalizes those who wish to work hard. Get rid of this idiotic idea of taxing a persons income and instead tax on the goods and services purchased. Everyone pays their fair share that way...if you USE more...you PAY more. If you are frugal or poor, you pay less.

The Donald said...

If the rich would put more poor people to work so they become productive taxpayers (50k to 100k)their taxes wouldn't need to be so high would they?

Mr. Foot, the rich don't put people to work out of altruism - they do it because they think they can make a profit. When corporate taxes and government regulations so encumber a business enterprise that it can no longer do so, it stops hiring, outsources jobs, or goes out of business.

I agree with Imma that GOP tax policy for low taxes on the rich being a vote getter is malarkey - there aren't enough votes among the super-rich to swing any election. It's the hoi polloi, the un- or marginally skilled, the welfare classes, where [by design since at least The Great Society idiocy] the numbers are. And that's why the D party panders to them.

The Donald said...

BTW, I know it's au courant to attribute nobility to the poor, as though meager economic status, ipso facto, confers upon its members some elevated character trait.

But I am sorely vexed to remember the last time I saw a poor person hiring anyone.

Dweezil Dwarftosser said...

Leadfoot: you said "I always viewed the GOP promise of low tax rates for the rich as a means of buying votes."
Don't lie: the GOP doesn't propose that at all. It does propose stable, lower taxes for everyone - primarily for the purpose of improving economic activity, thus increasing tax receipt totals well above those seen under existing rates or higher taxes. (Lower taxes also tend to have the grand effect of limiting and even retarding the growth of the Big Government Welfare State. All of these things are needed now, more than ever before.)

You also related another red herring: "The thing the Tea Party types don't understand is that taxing the poor doesn't work."

Since the overwhelming majority of Tea Party adherents (like me) earn lower-middle-class or lesser incomes, their taxes produce low tax bites in dollars - though the percentage of their income devoted to taxes seems high. They know, first-hand that taxing the poor at their 'fair share' is difficult.

Tea Party objections to 51 percent of Americans paying no taxes at all - with many of those getting cash back (in the form of 'earned income credits') - are valid. The scheme is nothing but Democrat vote-buying.

I do agree with you that outsourcing jobs (or 'in-sourcing' them, by replacing workers with cheaper illegal labor) is nothing but industrial greed. By the same token, a desire to 'soak the rich' is nothing but pure envy.

Greed and envy - two of the seven (equally reprehensible) deadly sins. Both are killing this country. Tea Party allegiance works to end both (particularly among our legislators) . . .