Ron Paul is wrong on one major thing...tax rates for the top bracket must be increased.

[alongee]

That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

The figures are here: http://ntu.org/tax-basics/history-of-federal-individual-1.html

We need to increase the tax rate on the top bracket in order to end deficits.

 

[Melissa]

Or decrease spending..why is that so hard to understand

 

[tttppp]

That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

The figures are here: http://ntu.org/tax-basics/history-of-federal-individual-1.html

We need to increase the tax rate on the top bracket in order to end deficits.

You can still decrease deficits, build highways, and lower taxes at the same time if you simply reduced wasteful spending and forced the government to be more efficient.

Its not as simple as do we lower or raise taxes. What needs to be done is for the president to learn some management skills and force our government to be more efficient.

 

[specsaregood]

Why would you advocate theft? 66%?! what right do you have to their wealth? none.

 

[alongee]

Why would you advocate theft? 66%?! what right do you have to their wealth? none.

They're citizens, and are part of this country. If they don't like it, leave.

 

[bluesc]

Maybe the higher marginal tax rates led to higher revenue? What a concept.

Maybe lower spending would lead to decreased deficits? What a concept.

 

[specsaregood]

They're citizens, and are part of this country.

And that makes theft ok?

 

[bluesc]

They're citizens, and are part of this country. If they don't like it, leave.

But then what happens when you lose revenue? If you scare all the rich people away, that won't fix your budget, it will make it worse.

 

[nano1895]

Technically what he's saying is right, we should decrease spending as the priority because taxation is theft, however it is equally immoral to spend at a deficit WITHOUT raising taxes because it shifts the burden on the next generation.

Btw your "if you don't like it then leave" analogy is unsound, by that logic I can knock everyone's mailbox down in my neighborhood with a baseball bat and just say if they don't like it leave.

 

[Havax]

That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

The figures are here: http://ntu.org/tax-basics/history-of-federal-individual-1.html

We need to increase the tax rate on the top bracket in order to end deficits.

How about for every dollar of tax increases you want, we stop bombing brown people and cut back here?

 

[alongee]

How about for every dollar of tax increases you want, we stop bombing brown people and cut back here?

That won't fix everything. You still have to increase taxes on the rich, or else the deficits won't go away.

 

[lib3rtarian]

If 66% is good, then 88% is better, right? Why not 88%?

 

[Havax]

That won't fix everything. You still have to increase taxes on the rich, or else the deficits won't go away.

Instead of speaking in platitudes, why don't you tell me the amount of revenue you think raising tax levels on the "rich" to 66% would bring in? I guarantee you I can find an equal amount of spending cuts to compensate the difference. I live near DC and work with many people who are contractors to the government or work for the government. I absolutely guarantee you that you'd be sick to your stomach if you had any idea the amount of waste and worthless jobs/departments that are on the federal level.

What's the amount of additional revenue you want? It's almost like a religious obsession with people wanting to tax the rich these days. Give me numbers, why 66%?

 

[seawolf]

Note alongee is a new member with 7 posts, I suggest he studies up a little more on the Liberty Movement and the role of government in a free society. He needs help with his studies.

 

[Restore America Now]

If they don't like it, leave.

If only that was a way out. Problem is is the US is the only country in the world that still taxes its citizens living abroad.

 

[alongee]

If only that was a way out. Problem is is the US is the only country in the world that still taxes its citizens living abroad.

Give up your citizenship.

 

[kuckfeynes]

Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue?

Why do you think the Great Northern Railway was able to be built by one private individual in the 1890's without Eminent Domain or government involvement? How was it able to survive the panic of 1893 when all the government-infested ones went into receivership?

They built the highways because they could. There was demand for white flight and suburban sprawl that could not be met without government coercion. They didn't care about taxes because they knew they could work for 30 years and be taken care of for the rest of their lives. The system still worked; as they all do until either their funds get raided or costs get inflated into oblivion or (usually) both. Any social program is only as sustainable as there are funds to maintain it, and the Interstate Highway System is no exception. Eventually it will be privatized or it will crumble.

 

[robertwerden]

Citizenship has nothing to do with it.

If you are a human you deserve to be free. Having to pay the government because you get a pay check is enslavement. Enslavement because if you don't pay taxes, you go to jail and become enslaved. It really is that simple.

Taxes do need to exist, but they should only be based on purchases or the spending of money by a persons own free will. Except for necessities to live such as food and other life sustaining items.

 

[No Free Beer]

You should read Atlas Shrugged and then come back here...

 

[dmo069]

That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's?

Even if we made the top tax bracket taxable at 100%, it would not balance the budget. Then all the people in the top tax bracket would leave. Good luck with your theories.