" Darryl,
How much of the millionaire's wealth belongs to the dirt-poor person with the bad car and the house in foreclosure? None, of course. No one says it does."
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Darryl wrote:
"You totally miss the point. No one says it does? Of course they do, including you.

It takes a massive amount of errorgance and dishonesty to deem what another person earns is too much or too little and then presume to redistribute it how they see fit in the name of fairness. IT'S NOT YOURS!

That's the problem with liberals, they think the government owns the money first and they are the arbitrators of fairness and all that is good. They are nothing but crooks, republicans and democrats."

_________________________________________________

How much clearer could I have been when I stated that none of the millionaire's money belongs to the dirt-poor person? I said NONE OF THE MILLIONAIRE'S MONEY BELONGS TO THE DIRT-POOR PERSON!! Why do you insist that I say it does? I am not for any idea of redistributing money and no one in the Obama Administration is for that, either. You are too hung up on a 2007 Joe The Plumber commercial that was a fabrication.

I have a bridge for sale, anyone interested?

MY QUESTION WOULD BE...

Then, why the BUFFET RULE...it does not do ANYTHING..NOTHING for the country and that is confirmed by economists on both sides, to the point it is now a joke and almost all know that...it touches the most limited amount of the rich that he is out to take money from since it is not based on their regular income..it does NOTHING for the economy except it WILL pull down the market in a very severe way as investors move their investments OUT...it WILL reduce the amount of money available for cities, etc as most of the money that will be taxed is in muni's

WHY THEN DO WE NEED THIS ???????????

Why, as with the health care bill, did the President not do what he SAID HE WOULD DO...he said he would come up with a panel to study and he did...he has ignored TOTALLY all that they said, WHICH WOULD HAVE IN FACT REFORMED THE TAX SYSTEM....as in the health care bill he just talked.

So now, he needs to have something to tout and I suppose this is the best he can do.

EXPLAIN AGAIN what this bill does for this country ???????

I don't think we necessarily need this change.

yet you argue on its behalf and defend its architect !!!


I suggest you read the link I gave in the thread titles..."its a bit rough".....it is a very FAIR and accurate appraisal !!

Bucco,

Please go through this thread and re-read it carefully for what I have said. The only thing I said about it was "The Buffet Rule is trying to have the tax code be more equitable for the millionaires and the middle-class." If that would happen, it would be great. I doubt if that could happen so I do not see wasting energy on it.

I continue to support Pres. Obama but this one is not high on my priority list.

BUT YOU ARE WRONG ON ITS INTENT...TOTALLY !!!

Even insiders recognize it for what it is....he KNOWS it wont pass...his own party is opposed and wonder WHY....because he is a political animal all the way....the health care bill was the same and he now has this country in such a mess...read my other thread

first it seems odd to me that people who WORK for there money may pay higher taxes than those who simply collect investment income.
second,enforce the laws that are on the books.
and finally before 2003 when the rates were much higher the economy of the US did not die,people did not stop investing,the rich did not stop investing retirement funds were doing just fine.

dk - So you want anarchy and a removal of all taxes? The way you talk, it seems like you think ANY tax is a terrible redistribution of wealth.

Odd since your avatar has a symbol of slavery. (And don't give me the "state's rights" revisionist history - read the Confederate Constitution - states were not allowed in if they weren't slave states and a state could not later outlaw slavery)

???

Work on the existing tax code...take out many loopholes...etc...etc..WHY DID HE NOT BEGIN THIS WORK WHEN HIS APPOINTED COMM CAME BACK WITH GOOD IDEAS TO START ?

Man, I have opposed this man since the beginning,but now after the healthcare deception and now this....I am livid....ALL politicians...ALL Presidents have played politics but he has this country now all ties up in knots....I think the link I gave in the thread I began called "This is rough" is so very very accurate. As much as I opposed him in the past, there were a few things I wanted to see and hear and he has changed...totally dropped the ball on this country.

It just proves that class warfare works and many Americans are stupid.

And is it only the middle class and the liberals who are stupid? :(
If so, our stupidity is in the vast majority.

It is interesting that doing some reading today and being mindful of this exhange in this thread...

"
"Originally Posted by CMANN
It just proves that class warfare works and many Americans are stupid.

Followed by this from DALEMN
And is it only the middle class and the liberals who are stupid?
If so, our stupidity is in the vast majority."

Then I find this reference in an article concering the Buffet Plan...

"Sometimes societies become too stupid to survive. A nation that takes Barack Obama's current rhetorical flourishes seriously is certainly well advanced along that dismal path."

Maybe CMANN has something.....

But the article also says this in reply to Obama's claim that ""will help us close our deficit."

"Wow! Who knew it was that easy?

A-hem. According to the Congressional Budget Office (the same nonpartisan bean counters who project that on Obama's current spending proposals the entire U.S. economy will cease to exist in 2027) Obama's Buffett Rule will raise – stand well back – $3.2 billion per year. Or what the United States government currently borrows every 17 hours. So in 514 years it will have raised enough additional revenue to pay off the 2011 federal budget deficit. If you want to mark it on your calendar, 514 years is the year 2526. "

There is only one Warren Buffett. He is the third-wealthiest person on the planet. The first is a Mexican, and beyond the reach of the U.S. Treasury. Mr. Buffett is worth $44 billion. If he donated the entire lot to the Government of the United States, they would blow through it within four-and-a-half days. OK, so who's the fourth-richest guy? He's French. And the fifth guy's a Spaniard. No. 6 six is Larry Ellison. He's American, but that loser is only worth $36 billion. So he and Buffett between them could keep the United States Government going for a week. The next-richest American is Christy Walton of Wal-Mart, and she's barely a semi-Buffett. So her $25 billion will see you through a couple of days of the second week. There aren't a lot of other semi-Buffetts, but, if you scrounge around, you can rustle up some hemi-demi-semi-Buffetts: If you confiscate the total wealth of the Forbes 400 richest Americans it comes to $1.5 trillion, which is just a little less than the Obama budget deficit for year."

Mark Steyn: Buying ‘Buffett Rule’ makes you a fool | buffett, obama, tax - Opinion - The Orange County Register

Now if this Buffet rule was part of an overhaul of the tax codes, WHICH BY THE WAY THE PRESIDENT NAMED A PANEL WHO GAVE IDEAS AND HE IGNORED, but it is not. It stands alone as his testament to reducing the deficit