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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: PartyTime who wrote (142452)	10/22/2008 11:55:55 AM
From: longnshort	Read Replies (1) \| Respond to of 173976

they won't pay more in taxes. They will buy tax free bonds and use other tax avoidance plans. Only the hard working job creators will be taxed more.

To: PartyTime who wrote (142452)	10/22/2008 11:58:00 AM
From: Bill	Read Replies (1) \| Respond to of 173976

Why do you consider it a problem?

To: PartyTime who wrote (142452)	10/22/2008 1:14:33 PM
From: one_less	1 Recommendation Respond to of 173976

"...it's already proven trickle-down does not work," Wrong assumption. Wealth is not like a zero sum game, where there is a pile of it out there waiting to be distributed according to the best strategy. Wealth is produced by ingenuity and effort. Where there was a patch prairie grass there can be corn, wheat, biofuel, livestock, windmills, factories, small businesses and major corporations etc producing wealth for those who've been innovative enough to develop it. If those industries weren't viable some innovative persons could try something different and create new opportunities for wealth. Those who've produced wealth also provide the justification for support industry and service which raises the income of persons who did not create the primary valuable assets but become beneficiaries of it. In this manner even the least innovative person with hands to perform labor can contribute and benefit from productive wealth. Wealth is produced and where it is mutually beneficial it is shared. It has never worked any other way... unless you think 7 billion people would live in peace and harmony on available prairie grass.

To: PartyTime who wrote (142452)	10/22/2008 1:17:58 PM
From: Brumar89	Read Replies (1) \| Respond to of 173976

Whats the big deal if 1% does have 38% of the wealth? The only real way to fix this non-existent problem is to confiscate most of the wealth of the top 1% and why should we do that? What good would it do to confiscate Buffet's, Gate's, Oprah's, etc wealth? If we don't allow people to accumulate wealth, how would we get new companies? How would silicon valley ever have happened? Would the PC in front of you be there if the govt had long ago told Mr. Jobs, Gates, Dell,etc sorry, you've reached your wealth ceiling? ...and it's already proven trickle-down does not work Huh? Who is it that creates jobs? You think the top 1% has nothing to do with it? BTW thats 1% of what? One percent of our population which would be 3M people. , how come you can not support a progressive tax plan whereby this one percent can contribute more to help make America overall a better nation? First, we already have a progressive tax system. Why talk as if we don't? Second, the 1% that holds 38% of the wealth and the top 5% of income earners are not necessarily all the same folks. There would be overlap but they're not necessarily the same. Last point to this whole thing. Do the wealth statistics include wealth owned by government? Like the OCS oil and gas reserves, the land out west and in AK govt owned with all its timber, oil, gas, coal, minerals? Like the govt owned infrastructure projects - the roads, bridges, docks, dams. Who's counted as owning that wealth?

To: PartyTime who wrote (142452)	10/22/2008 1:47:29 PM
From: geode00	Respond to of 173976

Wealth transfer under Bush: $1.6 TRILLION to the wealthiest 400. What is amazing is that those not in this 400 are advocating more of the same. The sheer volume of stupidity floating around the right wing circles of the USA is quite amazing...hope it is a bubble as well. They will destroy their financial future but will not vote for someone because he has a funny name....unbelievable. ========== "Joe's town may be circling the drain, but Joe's real concern, as the world knows, is that he might have to pay more taxes when his ship finally comes in. For good measure, Joe also declares Social Security "a joke": "I've never believed in it," he told reporters last week. Maybe that's because this realest of men knows that Social Security is just a hippie dream, despite the Census's insistence that 28% of his city's households received income from that source in 2003. Maybe all those people would be better off if we had invested Social Security's trust fund in WaMu and Wachovia -- you know, the real deal." WSJ