Here is a interesting perspective-read on the working class or poor, and the uber rich.http://financial.businessinsider.com/siliconalleymedia.clusterstock/action/linkout?URL=http%3A%2F%2Fwww.businessinsider.com%2Ffacts-about-inequality-in-america-2011-11&Title=15+Mind-Blowing+Facts+About+Wealth+And+Inequality+In+America:-k 🤦

So...those Clinton years weren't so good after all?

When you raise taxes you raise the businesses cost which they then turn into price increases which then eventually leads to consumer demand rejecting those prices and eventually not buying the products which then leads to layoffs which increases unemployment and then less tax revenues which lead to even bigger deficits and finally a total economic collapse..

Reeeeeeeeeaaaaalllly Jack, you sure you wanna go that direction. I guess you didn't realize all those rich people had tax breaks during the Bush Administration. Guess that didn't lead to an economic meltdown. Look at the charts, you will see what it has cost the middle and lower classes. Give the rich their tax breaks again, and all they will do is keep them in the bank. The same way that bailing out the banks just led to them holding on to the bailout money.
Dr. Maddvibbe- if you look at the chart, you will see, it did come up for lower and middle classes under Clinton. Then started to drop off under Bush.

Raising taxes on the rich used to work...until we struck free trade agreements with a bunch of 3rd world countries.

^ yup.

NAFTA = globalist lovechild.

The only people who are under taxed are people that reside in the bottom half of the income brackets.If you live here you should pay some sort of income tax.The only exception is for those that are truely poor.
If that would happen I would'nt have to pay as much as I do...

All the more reason to do away with the Marxist progressive income taxes completely at the federal, state, and local level. There are far too many loopholes and exemptions. Instead institute a national sales tax rate of say, 15% including corporations and private businesses.

No exceptions, no exemptions. The states get their share of the tax collected by the federal government based on the legal population at census time. Every time someone buys a new item, they pay their fair share. So when the ee-vil rich buy expensive things they automatically pay more tax. When the long suffering downtrodden and oppressed starving poor buy their pitiful cheap things, they pay less tax.

Everybody pays according to how much they spend. However, this plan takes a great deal of power away from lawmakers and it's way too equitable, so it'll probably never happen.

^ WAAAAY to simple.

Even Charlie Rangle could figure those taxes out.

Puppy is counting on those tax increases ya'll. If he plans to live the rickamaven dream he is going to need them.

Huck, do a little investigation, before you make yourself look like a fool, oops, too late.

Dadzilla- why is it that your system will never be put into practice in the USA?

National sales tax would be simple and everyone would be treated equally. We could eliminate the IRS. The size, power, and influence of government could be greatly reduced. For those reasons, it will never happen.

^ the voice of reason again....raining on my parade.

The complex progressive income tax system we now enjoy is by and large a construct of our legislators; by tweaking the tax code they are able to reward major supporters and various special interest groups. Not many legislators would vote to restrict or eliminate that ability.

I don't know, I think the rich would have the most to lose with your tax system, they couldn't get around paying taxes. Can you imagine the sales tax on a luxury car or boat. At 10% it would be more than anyone in the lower class earns all year.

^ kinda like buying a car in Europe....don't you like their soft tyrranical socialism?

No, actually, it didn't. No one denies that giving loans out to people who couldn't pay them back was THE root cause for the recent economic "meltdown." It was facilitated by government via Fannie Mae and Freddie Mac. Period. Tax braks to the rich had nothing to do with it.

You are either a complete idiot to make such a connection, or a willing lackey (or undoubtedly both).



It started to drop off mainly because we had a huge influx of illegals flooding over the border, working for next to nothing, and being subsidized by the federal government. With kind of competition, of course wages are going to come down, you frickin' moron.

And now the unions are looking to make those illegal immigrant slave laborers into new union "brothers" after they put so many of your beloved union henchmen...er..."workers" out of work. And guys like you will cheer the move.

It is little wonder you're barely making it in the drywall business...