Millionaires to Washington: More Taxes, Please!

[rusvik]

How many of these millionaires made money of lobbying? I suppose that could be a rational explanation.

Otherwise, why would anyone want to donate their money only to have a large portion go to unnessacary middlemen.

If they really wanted to help, why not just set up funds to pay for the poor with regards to health care or condoms or whatever they think is needed?

Buy a MR scan for some local hospital or grants to sick children or whatever. Man, I'd feel horrible knowing that some fatass in Washington got a portion of my charity money only to push papers around. Same reason I don't support Amnesty International or any of the aid organizations. I know how much they pay a lowly affiliate marketer like me for a lead ($100+), so don't give me that bs about only a few percent going to admin. Sure, but how much is used on advertising and recruiters?

 

[guerilla]

You idiots keep making this argument - "if they want to pay more tax, why don't they just write a check to the government?"

Right, we make the argument that they should be consistent, and they should lead the way.

What they want is to change the rules so that everyone that makes as much as they do pays more taxes even though it's not in their short term best interest. Why? Because they believe it's in their (and/or the majority of people's) long term best interest.

It is in no one's business.

The USG doesn't have a revenue problem. It has a spending problem. It spends more than it can bring in. Even if they raise taxes on the rich, that will push more money offshore, reduce job creation, and reduce capital investment.

Not to mention it will be a disincentive for people to become rich.

Until the USG cuts it's spending this is all just flushing money down the toilet under the guise of jingoism.

Raising taxes now, slows down economic growth in the future, and I assure you, it won't stop the politicians from spending. On the contrary, the well intentioned ignorance of people like you will encourage them to spend more, because you refuse to hold them accountable for the mess, instead focusing on the small segment of society which actually produces real value.

A few dozen/hundred millionaires donating a little extra to the federal government isn't going to do jack shit. Changing the rules on who pays how much will.

Actually, it will barely make a dent. Run the numbers.

Or you can be a conspiratard about it and believe it's a secret communist scheme to destroy the upper middle class/non-illuminati wealthy and bring about a totalitarian socialist one world order.

I don't think that's the case. It's that a lot of people are economically ignorant, and they have an irrational love of government.

Which makes sense, because they were all educated in government run schools and subjected to non-stop state propaganda on issues of civics, history and values.

 

[guerilla]

Ask a roomful of trained economists and I'm sure you'll get a spectrum of differing answers.

Which is why you don't rely on opinions, but rather facts.

The consequences of raising taxes are well known, as is the position of the US budget and debt.

Economics is a value free science and relatively simple. Don't mistake an academic econometrist for an economist. They are two different things.

 

[Pseudo Nym]

Which is why you don't rely on opinions, but rather facts.

Facts are subject to endless interpretation.

ex:

Fact: tax rates were higher during the Clinton administration

Fact: the USG had a budget surplus at the end of Clinton's second term, economy was doing well

Fact: Bush cut tax rates

Fact: the USG had huge deficits by the end of Bush's second term, economy was in the crapper

 

[guerilla]

Facts are subject to endless interpretation.

Relativism is a silly position for anyone to adopt because it means that even that relativism is relative, making it essentially, nonsense.

Both sides (all sides?) will argue all sorts of cherry picked facts because they lack principle and philosophy.

But regardless of who is in power, or who pays what taxes, one thing is almost certain. The US is headed for a huge financial calamity. The sheer scope of future obligations (promises made which cannot be kept) dwarves the economic output of the entire world, several times over.

Good luck bro.

 

[negro2k]

This is just a few attention whores wanting everyone to think they are ballers but different from everyone else because they call for higher tax. It reminds me of a betas mentality of trying to get laid. I looked at the site and they even put their real names and shit, probably going to link to their sugardaddy.com account.

 

[Sevenhelmets]

Warren Buffett started this...didn't seem like such a big fuss then. Now suddenly everyone's calling shenanigans?

 

[lcver]

You idiots keep making this argument - "if they want to pay more tax, why don't they just write a check to the government?" When it should be plain as fucking day that of course they don't want to pay more taxes - who does? What they want is to change the rules so that everyone that makes as much as they do pays more taxes even though it's not in their short term best interest. Why? Because they believe it's in their (and/or the majority of people's) long term best interest. A few dozen/hundred millionaires donating a little extra to the federal government isn't going to do jack shit. Changing the rules on who pays how much will.

Or you can be a conspiratard about it and believe it's a secret communist scheme to destroy the upper middle class/non-illuminati wealthy and bring about a totalitarian socialist one world order.

It's always the idiot to call conspiratard on everything. There's nothing conspiracy about it.

There's already an invisible tax in place called inflation.