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- alapoet, on 06/22/2008, -4/+20A Republican favoring the rich with his tax plan? Noooo! ;-)
And it's no surprise that Obama's looking out for middle class taxpayers, either. - BabushkaBlue, on 06/22/2008, -4/+17So when McCain says, "My friends" he's talking to that one tenth of one percent of American tax payers. They must LOVE this guy!
- Ajajadude, on 06/22/2008, -1/+4You'd think that they're making so much money that they're not worried about their taxes going up...
- sjug, on 06/25/2008, -0/+1I think ones greed increases with the amount of money one earns.. (see: Gene Simmons)
- Shiftgood, on 06/23/2008, -7/+3It must be kind of frightening telling rich people that you're going to tax them. Rich people ***** love money.. even tho they have tons and tons of it and can do whatever they want... they still want more. And im sure they'll be willing to kill you to get their fix.
- Skurj, on 06/23/2008, -0/+1don't kid yourself.
if every greedy and malicious person was rich, the economy would be booming. - PlayingGangsta, on 06/23/2008, -0/+0What should rich people do when they have money? Quit and not try to earn more? They're still the most philanthropic economic class, even if that's only because they can afford to be. I got my college education because rich donors paid for buildings, scholarships, and more.
- Skurj, on 06/23/2008, -0/+1don't kid yourself.
- salackar, on 06/23/2008, -15/+10
- hinchb, on 06/23/2008, -3/+13People are born into poverty just like they can be born into wealth. You think that the status and money you have is a product of all your work? It's what you were born into. Not everyone can just pull themselves up by their bootstraps, and not all poor people are lazy. I know you are probably going through the college libertarian phase of you life like most people on digg but maybe one day when you can use your brain you might be able to objectively analyze things.
- salackar, on 06/23/2008, -8/+5
- hinchb, on 06/23/2008, -1/+8It is a factor, and it's generally the most important factor. I'm glad this fiction character you made up made it out of poverty, and 'many' people do it as well, but if you'd like to actually argue things and not just make everything up get back to me.
I took a guess at you beliefs because generally no one is stupid enough to try and make the argument you are making and expected to be taken seriously. If you really think that there's infinite social mobility, a perfect free market and all poor people are lazy because one person you made up became rich maybe you should read some more books and maybe you should have attended that econ 101 class about market failures. - hinchb, on 06/23/2008, -0/+2Looks like the anecdote express is arriving, however no stops to real facts on this train.
- hinchb, on 06/23/2008, -1/+8It is a factor, and it's generally the most important factor. I'm glad this fiction character you made up made it out of poverty, and 'many' people do it as well, but if you'd like to actually argue things and not just make everything up get back to me.
- salackar, on 06/23/2008, -8/+5
- sulthernao, on 06/23/2008, -2/+3Whatever. Just remember that the pain trickles up.
- Zippo, on 06/23/2008, -0/+3Maybe if you help out a poor family, they'll use that money to better themselves. Even if one out of every thousand poor family uses the money to get an education and better themselves, that's worth it.
- mabs0, on 06/23/2008, -1/+4Judging from your post, you must be pretty uneducated yourself; or at best, inexperienced. When and if you ever get over yourself, pick up a book and learn what determines one's chance of making it in life. The initial resources that one has to begin with determine how much his/her hard work will count for anything. Parents' income, race, gender, social networks are the best predictors of someone's income and that's in every study that you can get your hands on. So, if you assume that talent is evenly distributed throughout the population (and it is), you'll understand why you are better off helping the poor rise up from poverty: they are just as likely to be endowed with qualities that will benefit the society at large as someone born into the Gates' clan.
- salackar, on 06/23/2008, -3/+2
- hinchb, on 06/23/2008, -0/+2It's like you're a Ron Paul quote machine. Lets see if I can say this in one line even though I've already said this along with the guy you're responding to:
Economic status is overwhelmingly a product of your environment rather than your accomplishments.
I know you have stupid anecdotes about some magical people that you know that pull themselves out of poverty, but if you honestly think that one counter-example proves your case and when statistics are presented ignore them you are, at most, dumb.
- hinchb, on 06/23/2008, -0/+2It's like you're a Ron Paul quote machine. Lets see if I can say this in one line even though I've already said this along with the guy you're responding to:
- salackar, on 06/23/2008, -3/+2
- hinchb, on 06/23/2008, -3/+13People are born into poverty just like they can be born into wealth. You think that the status and money you have is a product of all your work? It's what you were born into. Not everyone can just pull themselves up by their bootstraps, and not all poor people are lazy. I know you are probably going through the college libertarian phase of you life like most people on digg but maybe one day when you can use your brain you might be able to objectively analyze things.
- Zippo, on 06/23/2008, -0/+3A rich white man giving breaks to the upper echelons of power? No wai.
The middle class is who make Canada and the US and we're the ones getting ***** by taxes. - baldr, on 06/23/2008, -0/+3From the Washington Post:
http://img.photobucket.com/albums/v25/baldr/GR2008 ... - 8m4ck, on 06/23/2008, -3/+8This wouldn't be an issue if federal taxes were non-existent to begin with.
- mattc908, on 06/23/2008, -5/+1Well lets see what Gallup has to say, “The wealthiest 1 percent of the population earn 19 percent of the income, but pay 37 percent of the income tax. The top 10 percent pay 68 percent of the tab.
Meanwhile, the bottom 50 percent — those below the median income level — now earn 13 percent of the income but pay just 3 percent of the taxes.
..........but w/e the bottom 50 should be paying .01% of the taxes right DIGG (oh sorry meant LEFT DIGG)?- nyadney, on 06/23/2008, -0/+3don't you find it disturbing at all that one percent of our population earns nearly 1/5 of the income, while on the other end of things, 50X more people earn about half that?
- mcquitty, on 06/25/2008, -0/+1No. Why should it be disturbing?
Should someone be punished because they used their money to make money rather than spend it? That is how wealth is developed. It is called investing.
If you redistributed all the wealth and made everyone equal, in 5 years there would be a large discrepancy in overall wealth. It is because some people treat money as a tool and use it. Others spend it.
Why should I care if someone goes out and spends all their money on frivolous items and others choose to use money to better their lives?
- mcquitty, on 06/25/2008, -0/+1No. Why should it be disturbing?
- nyadney, on 06/23/2008, -0/+3don't you find it disturbing at all that one percent of our population earns nearly 1/5 of the income, while on the other end of things, 50X more people earn about half that?
- Carl306, on 06/23/2008, -0/+3"However, McCain's proposal would increase the national deficit by $1.2 trillion (one trillion two-hundred billion dollars) over that of the Obama plan.
John McCain would make the Bush tax-cuts permanent. Obama would keep the cuts in place for middle and lower class Americans but repeal them for those making a quarter of a million dollars or more a year. Obama would also eliminate income tax for seniors who earn less that $50,000 a year."
You know what, I'll go ahead and say it. If those people who are making more than a quarter of a million dollars a year are unable to survive on that type of income after being taxed at a higher rate, then they obviously aren't very financially savvy (except for the fact that they're able to make that type of income in the first place) and I feel no sympathy for them.
By all means, it's such a ***** TRAVESTY if the rich pay more in taxes than that of a lower income family. (That's sarcasm, for those who aren't able to pick up on it)- klipseracer, on 06/23/2008, -0/+2You also have to understand that when you make a great deal of money per year, you typically have a lot of mandatory expenses. Just because someone makes 250k a year, doesn't mean they are filthy rich and can retire or anything. I make around 200k a year and i'm 23. Yes, I do have a lot of cool things but my last check I had 40% taken out in taxes... Yes, taxes are an expense, a very large one. It takes money to make money. And if you were to put all the workload on to, 'wealthier' people, there would be less incentive to drive capitalism. This also gives less motivation to excel if your lower to middle class. If we could get by without going to work, would you? Or doing less work perhaps? Of course. So not are you only looking at a very questionable decision, but it can have adverse effects. You just never know until you give it a shot. So, as far as saying you have no sympathy, is a little self-centered because I know of many people who have lost everything they have because of one minor tax law. I'm all for helping out the people with lower incomes, I used to be one of those people... But at the same time, I don't want to make it so I am once again. BTW I'm proudly voting Obama.
- nyadney, on 06/23/2008, -0/+2both valid points. In my oppinion, the rich for sure should be taxed a higher percent, but if you earned your money, or even got lucky, you deffinetly deserve do keep it. Even still, maybe you pay a higher percent, but you still earn more after uncle sam raids your pockets then we do before.
- Carl306, on 06/23/2008, -0/+1Valid points on both your arguments, and Klipseracer, I'm not advocating putting all, or even the majority, of the workload on financially wealthier people, but I do most definitely feel that those making 250k + (my accounting classes from 3 years ago are alluding me, but I believe $250,000+ is taxed at 35%, with the next $100,000 in additional income at a 3% surtax and then $350,000 and up taxed at 40% with a 5% surtax for anything $500,000 - $750,000, if that makes sense) should be paying more in taxes, though not necessarily a substantial difference from a middle class worker.
In regards to lower income citizens being less motivated to work and excel, I completely agree with this. I don't know why the government sends out welfare checks to people who are lazy and don't even make an attempt to support themselves on their own without the government coming in to feed them and their families. Granted there are some welfare recipients who do warrant the benefits of the program, but in my opinion, many of those in that bracket could get by on their own with some effort and discipline.
- salackar, on 06/23/2008, -4/+2
- klipseracer, on 06/23/2008, -0/+2Dude, you are totally out of control here. Read my post above. People that have this attitude towards 'poor' people are what makes them 'worthless'. Why would you want to try to be good at something if noone believes you can be? Makes it hard and puts you in a disadvantage. This is a perfect example of stereotyping. I bet your one of those 3/10 people that admit to racial profiling. But when called out on it, would deny and claim your one of those 9/10 who say they are ok with a black president. I'm Asian, this means i'm smarter than you. EOF.
- 0Xonox0, on 06/23/2008, -0/+2Yeah, in fact, poor people are so dumb and uneducated, we should just kick them when they're down, ***** them over by shipping all the manufacturing jobs overseas and screwing the economy! Here comes the McCain Train! Choo-choo!
- Tanktunker, on 06/23/2008, -0/+1You can't go very far in life without connections, clothes or some sort of house or apartment or none-cardboard-based-lodging.
- PeterODactyl, on 06/23/2008, -0/+4My butler's chauffeur's accountant tells me that voting for Obama will cost me a small percentage of the MILLIONS of dollars I make each month. That's just unacceptable.
- klipseracer, on 06/23/2008, -0/+1It is true that there are lots of people that make lots of money. But everyone has the right to protect their assets, what they've built up or earned and to not be taken advantage of.
- ikhlas5366, on 06/23/2008, -0/+0great
- Tanktunker, on 06/23/2008, -0/+1My calculator tells me Obama's plan will simply take 0.51BN USD from the top 1% and redistribute them among the other 99%, and leave some to pay off our debt.
McCain's plan just sends your country further into debt as you continue to use your tax cut dollars to buy imported goods like Japanese televisions and European cars, which is pretty much the 50th or 51st nail in your economy's coffin.
To tell you the truth, I can see McCain being elected anyway. - johoshua, on 06/23/2008, -1/+1This guy's website is Lame. Lame! I ***** tired of these Obama Trolls! Get the ***** off of Digg. Can we have any interesting articles about REALITY? Stay in the Political Websites. How many Troll users do these guys have? Kevin, can you start cross referencing these submissions based on IP addresses or something?
- PlayingGangsta, on 06/23/2008, -0/+0Both left and right diggers, don't ignore this part:
"Under BOTH plans the average American tax payer would benefit with lower taxes."
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