Dec. 10 (Bloomberg) -- Americans want their government to create jobs through spending on public works, investments in alternative energy or skills training for the jobless.
They also want the deficit to come down. And most are ready to hand the bill to the wealthy.
A Bloomberg National Poll conducted Dec. 3-7 shows two-thirds of Americans favor taxing the rich to reduce the deficit.
Location: land of the Lilliputians, In the state of insanity
Posts: 24,185
Thus lies the reason we are in the trouble we are in. Everyone wants someone else to pay their way. Something they miss is, these Rich are the ones who own the busnesses, and provide jobs. Keep on Taxing them, and they will take advantage of the open boarders and take their ball and go to another country.
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kaafir mushrik
Unintended consequences and God have one thing in common: Liberals don’t believe in either of them.
Again there goes that fuzzy math! I guess BHO doesn't understand that those that make 250k are the ones spreading the wealth. They will cut off their nose to spite their face.
I guess he's forgotten the phrase tricked down economics! Rich people spend money, the money they give to the government will not go to the private sector.
I thought Obama has runaway government spending and that spending is all going out into the economy of the US. So, your taxes are going right back out. Otherwise we wouldn't have a defecit.
I reiterate what I wrote elsewhere. The rich must be absolutely broke after paying all those taxes. Nothing left!! I am beginning to understand your frustration, you make $250,000 per year and you can't afford to do anything. I better vote for Palin next time.
In a nutshell I truly believe over time a lot of the tax burden is purely inflationary and is factored into earnings. If today the gov't dropped SS & Medicare tax, I can asssure you we would probably slowly drop our hourly rates here to accomodate. The demand for higher wages would go down because of less tax. Unquestionably the rich have gotten richer in my lifetime and the numbers are now staggering, all on the backs of the workers of this country who now watch the ships pull in full of containers with goods that they once got paid to manufacture.
you can tax the rich 100% but that only gets you something like 100 billion+/-. It aint that much when your purposely running 1.5 trillion dollar deficits and adding to it. The best way for us to pull out of this deep hole is to lift all restrictions on drilling and begin drilling.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.