Why should I be happy with the Bush tax cuts?

[madfoot]

As a working class American, should I ask the government to cut my family's taxes, or should I be happy with them cutting theirs?

 

[SWATH]

As an American you should be irate that the government can lay claim to anyone's wealth.

 

[madfoot]

It's a misdirect, though. For all the work we do rallying against taxes, it's the rich who benefit from it.

 

[Melissa]

It's a misdirect, though. For all the work we do rallying against taxes, it's the rich who benefit from it.

and the poor when they get the Earned Income Credit so only the Middle class get hurt

 

[madfoot]

I never understood the "it's great to be poor" rhetoric.

 

[erowe1]

As a working class American, should I ask the government to cut my family's taxes, or should I be happy with them cutting theirs?

I don't understand the question.

Should you be happy with them cutting whose taxes?

 

[madfoot]

Top 2%.

 

[ItsTime]

Top 2%.

Are all people equal?

 

[madfoot]

Are all people equal?

Care to explain?

 

[erowe1]

Top 2%.

What does top 2% have to do with the Bush tax cuts? Everyone who paid income taxes had their tax rates cut in the Bush tax cuts, and the lower income earners got bigger tax cuts than the higher income earners did.

 

[SWATH]

Whose money does the top 2% of income earners belong to? You? The government? You should defend the right of the richest man in America to keep what he has earned just as you would defend your own right to keep what you have earned. There should be no qualifier in how your rights are applied to you property.

 

[gls]

As a member of the "working class" (as am I) you should be most concerned about the out-of-control deficit spending, which results in a brutal inflation tax which is only now really starting to kick in in the form of higher food and energy prices.

The wealthy won't be as affected as much by the inflation tax but they already pay the vast, vast majority of direct taxes. They're also the ones who create jobs and drive economic growth.

 

[Melissa]

I never understood the "it's great to be poor" rhetoric.

It is not that it is great to be poor but they dont pay as much or any federal Taxes as they get them all back plus the earned income credit. I never said it was great to be poor please dont say things I never said but you were talking about taxes and said only the rich benefit. The poor benefit too, no it does not make them rich but they do benefit.

 

[madfoot]

Whose money does the top 2% of income earners belong to? You? The government? You should defend the right of the richest man in America to keep what he has earned just as you would defend your own right to keep what you have earned. There should be no qualifier in how your rights are applied to you property.

Why should I? He doesn't defend mine.

 

[trey4sports]

Why should I? He doesn't defend mine.

He wants to take your money?

 

[VBRonPaulFan]

It's a misdirect, though. For all the work we do rallying against taxes, it's the rich who benefit from it.

You are using the dumbest argument based on liberal nonsense that doesn't reflect reality in the slightest. If you had even done the slightest bit of homework you'd have seen that the top 1% pay something like 1/3 of the total tax burden. The bottom 50% of income earners in this country have an effective tax rate of 0%. Tax cuts cannot help the poorest in this country because they do not pay any income tax into the system (on average).

Go to www.irs.gov and type in 'tax statistics' in the search box and do some research. We have a wholly progressive tax system, with the tax paid as a percentage of income ramping up progressively (until you hit people making like 5+ million/year... their income drops off slightly because of the lower capital gains tax rate).

Also, it's only the rich who benefit from it? The bottom 50% (you know, with that effective 0% tax rate) don't benefit from getting HUGE income tax refunds at the end of the year because of the child tax credit, earned income credit, make work pay credit, misc. education credits, dependent care credit, etc? It's a transfer of wealth from the people who pay a significant portion of their income into the system to people who don't. The entire scheme is unfair, why do you expect it to be fair to you?

 

[madfoot]

He wants to take your money?

They already are.

 

[SWATH]

Why should I? He doesn't defend mine.

Because you are a person and so is he and you both have the same rights regardless of the disparity of bank accounts. This is basic stuff.

 

[VBRonPaulFan]

PS - you should be happy with any tax cuts. They help offset the other ways you get screwed with any new form of tax that springs up to help pay for ongoing BS.

 

[erowe1]

Why should I?

For one thing, because you want the federal government to have less revenue, so that it can do less.

You do want that, don't you?