Quote:
Originally Posted by DukeSkywalker
But let me ask you this my liberal friend. What do you propose? It seems that both political systems don't work for the overall health of the economy; at least whilst in a recession. So the only way is to make money regardless; and if someone isn't making money, well, it's kind of tough shit on them. That is how the world works. Those who make money shouldn't be penalized for it.
Duke
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Tax cuts for everyone making less than $250K per year should be extended at this time, so 98% of the people do not see a tax hike.
This tax break applies to EVERYONE, including those who make more than $250K. It is a tax break for EVERYONE UP TO $250K.
The tax cuts for income OVER $250K should expire. It is only around 4%, but it will add at least $700 Billion to our debt over the next ten years, as it is not funded at all.
To say this extra gift to the rich helps create jobs is solidly bullshit. Trickle down economics is a myth. If you want to stimulate the economy the last people you need to fund are millionaires and billionaires.
I'm not sure what to say about your Steve Jobs rant, as I don't see how it applies to taxes, but I agree with you, that he has become quite a douche.