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Do you agree with President Obama's plan to tax the rich?

Yes 69% 256 votes
No 30% 114 votes
Total Votes: 370

Note: This is not a scientific poll.

comments


September 20, 2011
5:07 p.m.

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cranberries ( cranberries ) says...

It's not even a matter of "taxing the rich" so much as simply asking them to pay their fair share. How can that be wrong? Workers should kiss the feet of the rich for providing jobs? Well, yes, in a sense, but only when that road runs both ways.

I'm reminded of the days when factory owners in this country would provide jobs and housing for people, and then those laborers were obliged to rent that housing from the company owners, and even buy their food and other necessities from the "company store"—at exorbitant prices to boot.

I believe that big business has far too much power over our present government. Our government is becoming their own "company store". Today's American workers often toil for the top echelon of big businesses, pay taxes to the government from their earnings and then the government in turn gives big business huge tax breaks and other compensations. We've all seen many examples of CEOs making obscene salaries, sometimes after leading their companies into bankruptcy. And some companies regularly make record profits while still collecting large government subsidies. The working poor, on the other hand, seem to be expected to shut up and be grateful they have anything at all. If they even think about a more equitable system, their jobs can always be shipped overseas.

So, is taxing the rich "Class Warfare" as some Republicans would have us believe? Some of us see it as good old-fashioned common sense, justice and fair play.

September 20, 2011
6:31 p.m.

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dalbairnfarm ( dalbairnfarm ) says...

That is right folks...be successful, work hard, and pay more income tax. That is what America is coming to. The better you do, the more you pay. Shouldnt there be a cap somewhere along the line? Lets look real hard at a system of "flat Tax". It is simple, lets decide on a base amount of income, allow some basic income adjustments, and attach a simple percentage to anything above that amount...every body pays the same percentage....WASHINGTON WILL NEVER GO THERE!

September 20, 2011
6:36 p.m.

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dan ( dan ) says...

dalbairnfarm, you're complaining about Obama's plan, while at the same time suggesting the same thing. Right now, the rich are paying substantially less than the middle class, and that's what Obama (and your idea) is trying to fix.

September 20, 2011
7:55 p.m.

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wmarincic ( wmarincic ) says...

Dan what a surprise, you want to take from those that work and give it to those that don't. Sounds like Socialism to me but according to you I don't know anything. Remember what Savage says about people like you.

September 20, 2011
8:16 p.m.

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dan ( dan ) says...

Where you're mistaken is thinking those who work hardest make the most... when most of the time, those who work the hardest make the least. We have people holding down three jobs just to make enough money to feed their family, while their bosses go on vacation every other week with their bloated salaries.

And no.. Obama's plan doesn't sound anything like socialism. For one... there are no taxes in socialism. So if the plan involves income tax, that means it's not socialism.

I guess I'm just a regular conservative who want to bring the tax levels back to how they were on 1955 when America had a great economic boom. Will you agree with me on that?

September 20, 2011
8:20 p.m.

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socalbob ( socalbob ) says...

never happen.

September 20, 2011
9:08 p.m.

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guest03 ( guest03 ) says...

If you make money with money (capital gains) you pay far less tax. Is that considered working hard? If my rich daddy leaves me $5 million that I invest, is that considered working hard?

September 21, 2011
8:40 a.m.

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mossey ( mossey ) says...

Long-term capital gains are taxed at a lower rate because the early profits have lost value over time. This is an incentive to keep the money invested, thereby supporting growth of the economy.

If your rich daddy leaves you $5 million, it will be taxed at 35 percent before you get to invest any of it.

September 21, 2011
12:43 p.m.

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WordWiz78 ( WordWiz78 ) says...

It's not, as cranberries believes, a matter of asking them to pay their fair share. That's what we already do - it's why our income tax system is based upon percentages of incomes, not stagnant dollar amounts. You pay the same percentage on your income, regardless of whether you make $30K a year, $50K a year, or $500K a year. This means that if you make $30K annually, you pay far less in actual dollar amounts than someone pulling in $500K annually - which is fair. Asking them to pay a higher percentage because they make more money than you is greedy and selfish. You want the rich to pay more? Let's say you make $30K annually. To someone who makes under $15K annually, YOU are rich. Maybe you should foot the lion's share.

Stop treating being rich like it's the greatest evil on earth. If you don't like that you don't make as much money as the next guy, get a better paying job. Work harder. It's funny how people want to treat the rich like they are the world's biggest problem, but also want to BE them.

September 21, 2011
2:06 p.m.

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dan ( dan ) says...

Elizabeth Warren had a great quote the other day - "There is nobody in this country who got rich on his own. Nobody. You built a factory out there—good for you! But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. Now look, you built a factory and it turned into something terrific, or a great idea—God bless. Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along." http://www.youtube.com/watch?v=htX2usfqM... I couldn't agree more.

 

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