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962 Comments
- MarcJeric32, on 06/07/2009, -18/+169The only way to make health insurance cheaper is to change the way legal system works. US is the only country in the civilized world where lawyers can sue somebody and if the suit is lost can walk away. Everywhere else the loser automatically pays all the costs of the court and the defendant, direct and indirect. That is why Japan, Germany, and Great Britain together have only 35,000 lawyers while we have 1,100,000 hyenas fishing for frivolous suits and stupid juries. Tort lawyers and eco-nazis have enjoyed their rule long enough.
- heythere1857, on 06/07/2009, -70/+210As a "poor" person in America, I can't begin to tell you how offended I am that the government constantly tries to force "rich" people to "take care" of me.
- inactive, on 06/07/2009, -64/+157What happens when they bleed the wealthy dry?
- magamiako, on 06/08/2009, -40/+121It seems the digg republican brigade is out in full force over this article.
- Xwhy, on 06/07/2009, -30/+104You start lowering the bar on what qualifies as "wealthy".
- pintomp3, on 06/08/2009, -22/+90They hate the thought of hard-working people like Paris Hilton and George W. Bush having to pay their share. If poor children want health care, they should have thought about it before they decided to get cancer.
- inboxnews, on 06/07/2009, -76/+142Bye-bye rich people. It was nice knowing you.
- Spuy767, on 06/07/2009, -24/+80Yet, all the blues will be surpriesd as hell when ther rich pick up the ball and go home.
- NorthMass, on 06/08/2009, -25/+80And I like how here in Massachusetts you get to keep only 60% of your income if you are making MINIMUM WAGE. If all these politicians really care so much about poor people, why are you taxing away 40% of their income just when they get their check? That doesn't even account for sales taxes, tolls, car taxes, cigarette taxes, alcohol taxes, gun taxes, RMV charges, mandatory car insurance, fines if you don't have health insurance(in Massachusetts), etc.
The answer is because they want to create a welfare state where everyone is poor/lower middle class and depandant on the nanny state. - Spuy767, on 06/07/2009, -18/+73The most denigrating thing that one person can do to another is to have no expectations of them whatsoever.
- 7papa7, on 06/07/2009, -55/+107You have just elaborated on why socialism never works. When the rich run out of money socialism dies and Obama is trying to hurry the process along.
- Xwhy, on 06/07/2009, -19/+70There's no hate. Saying "bye-bye" to rich people is an ackowledgement that they'll move to someplace with more reasonable laws that they can live with.
- Tartled, on 06/08/2009, -11/+62I just hope he eliminates the capital gains tax and taxes all income equally. I don't see why billionaires pay 15% on their income while I pay 32%.
- foucaultsvac, on 06/08/2009, -23/+69I like rich people. Especially very rich people. One of them signs my paycheck every two weeks.
- ThinkOutTheBox, on 06/08/2009, -32/+74Well, I guess some of us are going to get a re-education in unintended consequences. Others are about to get their first lesson in unintended consequences.
- Ymeg, on 06/08/2009, -47/+85Trying to make the entire US into California, I see.
- heythere1857, on 06/07/2009, -14/+52The first line of the article:
-- "President Barack Obama wants Congress to consider taxing the wealthy instead of workers to pay for a health-care overhaul..."
-- "...urging lawmakers to reconsider limiting all tax deductions for Americans in the highest tax brackets..."
-- "Obama’s own proposal would set a 28 percent cap on tax deductions for items such as mortgage interest, investment expenses and charitable gifts for Americans in the two highest tax brackets..."
-- "...raise revenue by prohibiting certain estate-planning techniques."
Yep, inbox really distorted the facts. - Quick2822, on 06/08/2009, -12/+49Wow, a progressive tax system in the US. Who would have thought?
- inactive, on 06/07/2009, -37/+74Exactly. Obama is killing the American dream. The middle class will have no hope of ever becoming "wealthy" if he has his way. And the wealthy won't stay that way
- IFEice, on 06/08/2009, -16/+51Ugh, you Americans are really good at blaming your leaders for everything. For years you've bitched and bitched about how the government has faulted you, and when someone new arrives, someone who's willing to trying something different, you still bitch and bitch.
Most of you here have pulled out economic analogies as if you know more about the subject than those who make it their profession. OMG if they do this, this will happen, if they do that, that will happen.
I hope you realize that too much democracy is not always good, it prevents a country from accomplishing something tough when needed. There are just too many opinions, and too many people who think they know what they are talking about. - CAIndependent, on 06/08/2009, -33/+68Let's see what happens to the charities in the US when we take away the deductions on charitable donations. I've got a feeling a great deal of these wealthy people that Barak's demonized won't be donating too much when they're paying higher taxes and receiving no tax relief when they pony up the bucks to charity.
- heythere1857, on 06/08/2009, -8/+4360% of a minimum wage income??? Holy crap...
You're absolutely right. That alone is proof enough that they don't care about the poor, they care about creating dependency. Dependency = power. - Xwhy, on 06/07/2009, -22/+56Wait until you find out that you're one of those rich people.
You never know, if $250,000 qualifies a person for a millionares' tax, then who's to say what's rich? - JohnGalt01, on 06/08/2009, -14/+47emailowndmeemailowndme has obviously never been to Europe.
- zeitgueist, on 06/08/2009, -13/+45Oh nos, slightly higher taxes on the rich will bleed them dry. Even though they are currently taxed the least they have been in the last 100 years.
- coheedcollapse, on 06/08/2009, -7/+38You guys know that as recently as 2002, the tax for the highest bracket was only 1% below this, right? During Clinton it was the same. The US didn't collapse, rich people didn't leave, and democracy in the US didn't fall to communism, so what the hell makes you guys think it'd happen now?
What's with the crazybomb on Digg recently? Are you guys hoping to change opinions by bombarding the comment thread with uneducated FUD?
Honestly, I'm thinking of going exclusively to Reddit for my news in the near future, or at least my political news. There are people who oppose this stuff all over that site, but at least their comments are usually reasonable and not the ramblings of a bunch of groupthink *****. Seriously. You guys sound like you just came from one of those teabag parties. - NorthMass, on 06/08/2009, -23/+54And then everyone is doomed to serfdom, and then we are stuck in a communist welfare state.
- NorthMass, on 06/08/2009, -20/+51The whole $250,000 tax thing is a sideshow. Bush barely cut taxes for the rich, and Obama's plan for the people above $250,000 barely would raise them. That issue is moot.
The thing that is going to happen is inflation is going to spiral out of control, and Obama is going to let it happen by not raising taxes or cutting spending. Then he can blame Bush for causing the problem(which he helped begin but Obama made it worse). While he is blaming Bush, he can also say "well I didn't raise taxes", so his supporters have talking points against people who know Obama's economic ideas are absolutely absurd. - JoeParanoid, on 06/08/2009, -14/+43It figures this would get trolled to death. Really, there are just some topics that border on religious mania such that you cannot have a rational discussion.
- inactive, on 06/07/2009, -13/+42email, you might want to check the news from time to time.
- bigterguy, on 06/08/2009, -4/+33And the idiots on juries routinely award princely sums for ridiculous reasons. They think that no one is paying these awards, when in fact the costs are passed on to all of us.
- Hetman, on 06/08/2009, -10/+39Why should they have to pay there fair share when they can just send there money to offshore accounts. Its not fair if you make them play by the rules.
- Yeeeech, on 06/08/2009, -50/+78Obama is a man with a mission, but no vision...and certainly no grasp of history or economics. THE GREAT SOCIETY programs are an abject failure from a community, cultural and economic point of view. The programs destroyed the black middle class.The programs are a cultural failure - blacks felt more and more targeted as a "special group" (like specially under-privileged and therefore entitled), and created more and more resentment between races. The programs are bankrupt. And THIS is what this President wants to "reform"? The man is a complete waste of intellectual material..and his leader Teddy Kennedy was never sober enough in the past twenty years for a 24 hour period to actually know what he was "thinking" about health care reform. Complete democratic idealistic-no-practical-experience to bring to the party joke.
- NorthMass, on 06/08/2009, -33/+61And before anyone brings up how socialism works in Sweden as justificiation for Obama bailing out banks, auto companies, and now planning to jack up taxes. Also, Republicans need to realize Bush did the same crap, just not to the same extreme that Obama is.
(1) Sweden has 9 million people, it is like comparing the whole United States to Georgia.
(2) Sweden is abundant in natural resources. - itsthehumidity, on 06/08/2009, -8/+36I happen to be in an upper middle-class family, some people might consider me rich (but I do not). And can I please just say that not everybody with money is greedy? Not all of them are demons.
My father gives a great deal to charity, and says he would happily receive HALF of what he gets now if he knew he was safe from unfounded malpractice suits. I could get into a whole big rant about "defensive medicine" (which hurts everybody, and is a necessary evil because of current legislation) but my point is simply that we're not all bad, we're not all greedy, and we're not all *****. I don't hate on people with limited incomes, and I plan to give to charity as well if or when I have any sort of earning power. Digg me down if you wish, I just had to say something.
Edit: And while I'm thinking about it, this is not a complaint about the taxes in any way, just to be clear. - NorthMass, on 06/08/2009, -6/+33"You hit the nail on the head. Look at their heroes: Che, Chavez, Castro, Mao, Stalin. All the Dem.s care about is power."
Please don't make this Democrats vs Republicans. The Republicans were just as bad when it comes to power abuses. I want nothing to do with the debate on which party sucks less. - dalittle, on 06/08/2009, -13/+37So when Warren Buffett says he is being under taxed does that make it a good idea then? Or is a bad idea only when conservatives have been kicked out of power.
http://www.timesonline.co.uk/tol/money/tax/article ... - heythere1857, on 06/08/2009, -4/+28Amen.
- davidg11, on 06/08/2009, -11/+34No offense but there aren't enough "RICH" people to pay for health care.
Unless their tax rate is jumping up to 90%, this idea that the rich can cover the rest of americans is completely a scam ponzi scheme. - deema1, on 06/08/2009, -17/+40$250,000? Just you wait. This tax is going to be imposed on anybody making more than $150,000...and then $100,000...WATCH!
You cannot spend this kind of money without tax increases across the board. He's trying to hold out until the 2012 elections before breaking the news. It's just a shell game right now. - heythere1857, on 06/08/2009, -19/+41"When the rich run out of money socialism dies..."
Nawww, you just print up a whole bunch more money and that will solve everything! It worked for Nazi Germany! - NorthMass, on 06/08/2009, -5/+27I may be exaggerating as what I have heard is hear-say, but I know I get a huge tax cut because I go to college. Even if I am wrong and poor people get to keep 70% of their income, that is still far to little.
- WhiskeyLemur, on 06/30/2009, -2/+24How about we reform the way medical insurance works *first*? My husband and I have a pretty nice medical policy through my employer, but when I had weird stomach pains and the doc prescribed an ultrasound to see what's what, I ended up not getting one - through some occult act of medical billing voodoo, a procedure that was supposed to be covered 100% when done with a doc was mysteriously *not* covered, even though my doc is on my insurance plan; I was instead referred to a radiology clinic, which has a largeish deductible, which in turn means that I would be paying as much out of pocket as I would have if I had no insurance.
Just like casinos aren't built on winner's money, so insurance companies aren't built on people who get the better end of the deal. It's shameful that people in he US don't seem to have the same basic right (RIGHT, not luxury!!) of healthcare as other "developed"nations, but goddamn it, insurance is SUCH a fraking scam! That is NOT the way to do expand healthcare access! - bigterguy, on 06/08/2009, -10/+31And Sweden, Norway, and Denmark very closely control immigration. No freeloaders coming across their borders, so they have a much more homogeneous population with much less need for police and fewer prisons. HIgh alcoholism and drug addiction rates due to the high taxes and lack of opportunity or incentive to work hard.
Very friendly and nice people, however dull. - LouisCipher777, on 06/08/2009, -16/+37@email, then move to a socialist country and leave those of us who still believe in freedom and are still willing to provide for ourselves instead of living in indentured servitude to the central government to ourselves.
- ThinkOutTheBox, on 06/08/2009, -6/+26Yea, they drill for their own oil and sell it. If you compare the whole of the EU to America, which is closer in population, the EU has 500 million and America 300 million still not perfect comparison, but close enough, the EU is debt and the unemployment and poor rates are right about the same percentages.
- twiztidsinz, on 06/08/2009, -6/+26Misinformation from NorthMass...
If you're making minimum wage in Massachusetts, you're likely to get nearly all of your taxes back when you file. - jacob019, on 06/08/2009, -10/+30I am a small business owner. I made $350,000 last year on paper, about $300 of that was an increase in inventory. If you raise my taxes I will not be able to grow my business. I will not hire new employees, I will not provide health coverage for my current ones, and I may have to fire people. If we pay people to be poor than they find a way to do just that. I know someone very well who delivers babies in a public hospital. She told me that yesterday 12 people were rushed in by ambulance, while only 2 of them needed to be there. 10 out of 12 were there because they didn't feel good and it it was easier to call an ambulance, paid for by the govt, than to make an appt. at a clinic. If they paid $1000 for a ambulance ride like the rest of us, I guarantee they wouldn't be there unless they needed to be. Our govt. is buying up failed businesses left and right, punishing those who know how to make money, and giving it to those who don't. A winning strategy for sure. I'm scared of these policies.
- rmxz, on 06/08/2009, -3/+23We'll never know.
Problem is that NONE of these tax plans tax the really rich people -- those with lots of high-value assets. They focus on taxing *incomes* which are what non-rich people need to use if they aspire to enter the upper classes.
I think the ulterior motive behind the progressive income tax is actually to *PROTECT* the rich - from not-yet-rich people entering their class.
Show me a tax that focuses on a wealth tax rather than an income tax and then I'll finally believe someone's serious about taxing the rich. - zeitgueist, on 06/08/2009, -11/+30250,000 puts you in the top 10% of incomes. That's pretty wealthy.
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