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Honesty, please

July 28, 2014

In his latest work of legerdemain, “Greed is Good”, Tim Mannello uses all of the tricks of misdirection and misrepresentation common to those with a point to make, but no leg to stand on....

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(73)

mikekerstetter

Jul-31-14 3:59 AM

Nobody, there are a LOT of working people who aren't paying 'enough' in taxes. They include millionaires and the counter person at McDonalds.

And if you have been around and paid attention you'll see that I have repeatedly said that, with an effective federal income tax rate of 7%, my family isn't paying enough.

Get rid of all the deductions, credits and loopholes and make every working individual and business pay the same percentage rate. That way everyone will have some skin in the game and those who make more pay more. It's the only fair way.

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Nobody

Jul-30-14 8:14 PM

I have some friends in very high places in business, one in particular is the CEO of one of our counties biggest corporations, and one of our countries biggest defense contractors.

And so, several months ago, I turned them on to this blog.

Now, these are both conservatives and liberals, but all 1% ers.

Common thought? Unbelievable. Unfortunate. Appalling.

Seriously.

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Nobody

Jul-30-14 8:11 PM

Thank you very much Scott!

I too lean left on more issues than not, and there in lies the problem. On this blog, my career and my views are viewed by many as completely unreconcilable.

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MECURY2

Jul-30-14 7:49 PM

bobbae2:post:7/30--7:40am-- Huff'n that paint early?

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Scott36

Jul-30-14 7:47 PM

And only on here can a man who has earns enough to believe he should contribute more to our country be chastised.-Nobody

What is really crazy, IMHO, is that you are chastised. You, and a few others who are IMO, very successful, SHOULD be the hero's of the Conservatives. I obviously lean left on most issues, & I say, GOOD FOR YOU! I guess you just have a problem with stating things the way you see them--Can't have any of that. Have a Great Evening!!-Scott

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MECURY2

Jul-30-14 7:43 PM

mikekerstetter:post:7/29--1:34pm-- Mike, Your idea is not a good one as far as can see. The American people working for low wages and benefit depend on let's call them 'loopholes' just to get by in today's world. I'm pretty sure the rich,the people who have more money than they know what to do with can get by if we cut the 'loopholes' that I commented about. Example, the 'learjets' to get to their 7 homes they own. I would tell them to take the bus and allow them to deduct the price of the ticket off their taxes. I know kind of a crazy example but, I'm hoping you get my point.Taken tax deductions away from the middle and lower class ain't going to help and we both know that part.

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Nobody

Jul-30-14 7:33 PM

Mike: "What I do know is that the liberal call for the rich to pay more in taxes makes it seem like they already aren't paying more. The fact is, they are."

No, it only means that they're not paying enough.

I must say though, only on this blog could a man living from check to check argue in favor of those who have more than they could spend.

And only on here can a man who has earns enough to believe he should contribute more to our country be chastised.

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mikekerstetter

Jul-30-14 6:54 PM

MonkeyWrench-"The basic math: was that really necessary?"

I don't know. What I do know is that the liberal call for the rich to pay more in taxes makes it seem like they already aren't paying more. The fact is, they are.

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MonkeyWrench

Jul-30-14 2:12 PM

...you also want them to pay a higher rate."

What I thought I expressed as my own personal opinion wa: Should the rich pay more in taxes...of course...the question is how much more. the answer which I don't know how to figure out is: "in an amount commensurate with what they get from our tax dollars." Some, including Adam Smith thought that could be done through a progressive tax system. could be...I don't know...but I have more doubts about its being able to be done through a flat tax system. The basic math: was that really necessary?

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bobbae2

Jul-30-14 1:19 PM

Fairest way, tax at 90% anyone that registers Democrat.

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mikekerstetter

Jul-30-14 1:02 PM

Chuck and Tim, basic math.

$10,000 x 10% = $1000 $50,000 x 10% = $5000 $100,000 x 10% = $10,000 $500,000 x 10% = $50,000 $1,000,000 x 10% = $100,000 $10,000,000 x 10% = $1,000,000 $100,000,000 x 10% = $10,000,000 $1,000,000,000 x 10% = $100,000,000

Funny how much more money the rich guy would pay than the poor guy at the same percentage rate. That's not enough for you two though, you not only want them to pair more, you also want them to pay a higher rate.

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MonkeyWrench

Jul-30-14 8:54 AM

ooops the The net income TAX for the top 5 % is 35% of all income.

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MonkeyWrench

Jul-30-14 8:43 AM

Should the rich pay more in taxes...of course...the question is how much more. the answer which I don't know how to figure out is: in an amount commensurate with what they get from our tax dollars.

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MonkeyWrench

Jul-30-14 8:42 AM

The Father of Capitalism, Adam Smith thought the wealthy do. Therefore, he said the rich should pay more in taxes. He supported a progressive tax system. We have such a system, and so far at least, it has not been declared unconstitutional. You get what you pay for. You should also pay for what you get. The truly rich benefit most from government and therefore should pay more in taxes, as indeed, with some notable exceptions, they do. The net income for the top 5 % is 35% of all income. Even at the low average net effective tax rate of 22%, they pay 58% of all income taxes.

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MonkeyWrench

Jul-30-14 8:41 AM

Through our taxes, we all pay for our “common wealth:” “Debateapedia” lists some benefits of this “common wealth:” “our legal and law enforcement systems which protect all forms of wealth and enforces contracts, a financial system and infrastructure with access to capital whose fairness and reliability are ensured by the government, employees educated in public schools and universities, , transportation infrastructure, tax funded research that for example, helped develop the internet, trade laws that make it possible to sell abroad etc..”

Who benefits most from this “common wealth” paid through taxes?

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CMReeder

Jul-30-14 8:12 AM

"But the answer isn't raising tax rates on the rich. The answer is cutting the tax breaks and loopholes across the board and making the whole system fair and equitable."

Right. Let us not place a burden on the rich who enjoy great excess but on everyone so it is fairer.

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bobbae2

Jul-30-14 7:40 AM

Actually Tinhead it would be much easier to confuse you with Strawman, neither have a brain.

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MECURY2

Jul-29-14 7:05 PM

bobbae2:post:7/29-2:39pm--I have been call a lot of names but, 'TINHEAD',I guess you got me mixed up with the 'TINMAN'in the Wizard of OZ you know where your from and again do us all a favor and put that paint can and paper bag away! I can't believe I reply to this 'TINMAN' hater,I feel like I'm in 6th grade! Rock on 'bobbae2,I'm done replying to STUPIDITY!! You have the floor.

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Nobody

Jul-29-14 2:56 PM

Bobbie: "obviously I make up 25% of the posters here."

Is that a yes, or a no?

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bobbae2

Jul-29-14 2:39 PM

Tinhead " I worked for 52 years and could never found a 'loophole' ie: business expense including gas to get to work or a free meal,my phone bill or work clothes, depreciation on the vehicle that got me to my work site,not one!"

Why would a public drone deserve a business expense? Had you actually worked you'd understand.

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bobbae2

Jul-29-14 2:32 PM

obviously I make up 25% of the posters here.

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Nobody

Jul-29-14 1:53 PM

Bobbie, somebody just texted me and said that you and Cheyenne are the same person? I hope that's not true?

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mikekerstetter

Jul-29-14 1:36 PM

Nobody-"This from a guy who considers $70/mo a "bunch of money""

Nobody-"There's a lot that you don't understand...such as, "now I want me to pay a higher rate.""

Apparently these comments went over my head. You're going to have to explain 'em to me.

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mikekerstetter

Jul-29-14 1:34 PM

Chuck, I DO have a problem with the rich and the corporations who work the system. But the answer isn't raising tax rates on the rich. The answer is cutting the tax breaks and loopholes across the board and making the whole system fair and equitable.

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Nobody

Jul-29-14 1:12 PM

Cheyenne: "Sorry to burst your arrogant bubble, but most of your posts just aren't worth the effort. Have a nice day!"

I couldn't agree more.

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