Do you know what happens to a wealthy person after you raise their taxes by 5%?

[CC27]

demmiblue (5,907 posts)

Do you know what happens to a wealthy person after you raise their taxes by 5%?




More class warfare from the DUmmies. We should  tax snap bennies at 5% asshole.

http://www.democraticunderground.com/10026142921

[JohnnyReb]

They don't donate to charity any more....which makes democrat politicians very, very happy ?????

[freedumb2003b]

Do you know what happens when you cut benefits for a poor person?

They get up off their ass and work harder to get a better job.

[thundley4]

Do you know what happens when you cut benefits for a poor person?

They get up off their ass and work harder to get a better job.

Funny how the national unemployment numbers started dropping when those mean old republicans refused to keep indefinitely extending unemployment benefits.

[Delmar]

Response to demmiblue (Original post)Tue Jan 27, 2015, 07:01 PM
TimeToEvolve (63 posts)
31. its not about money

its about control

the poorer someone is, the less they are able to stand up against the dehumanization that is served up to them

The central organizing principle of the democrat party in a nutshell.

[franksolich]

Do you know what happens when you cut benefits for a poor person?

They get up off their ass and work harder to get a better job.

[obumazombie]

If you want more of something...subsidize it.
That's why the poor should be taxed.
We'd be doing them a favor.
But only if they would actually pay their taxes.

[DLR Pyro]

Apple reported the largest net income of any public company in history in the three months to December, as record iPhone sales of 74.5m units beat even the most bullish Wall Street forecasts.

http://www.ft.com/cms/s/0/b3bb354a-a666-11e4-89e5-00144feab7de.html#axzz3Q5f50fG1

I wonder if this creates a conundrum for DUmmies since they all love Apple but think profit is obscene. 

[Gina]

Do you know what happens when you cut benefits for a poor person?

They get up off their ass and work harder to get a better job.

benefits?  that is welfare plain and simple.  It's not something someone has worked for.  You get benefits in exchange for your work.

[txradioguy]

demmiblue (5,907 posts)

Do you know what happens to a wealthy person after you raise their taxes by 5%?

They are forced to give up 5% more of the money they worked hard to earn.

Keep it up chuckleheads...if your Progressive ideology isn't stopped...pretty soon your welfare check cashing clowns are going to be considered "wealthy" because there's no one else left to tax to fund your lazy asses.

How's that shoe gonna feel when it's on the other foot?  Still gonna whine and moan about people "not paying their fair share"?

[Maxiest]

They are forced to give up 5% more of the money they worked hard to earn.

Keep it up chuckleheads...if your Progressive ideology isn't stopped...pretty soon your welfare check cashing clowns are going to be considered "wealthy" because there's no one else left to tax to fund your lazy asses.

How's that shoe gonna feel when it's on the other foot?  Still gonna whine and moan about people "not paying their fair share"?

Not just that, that's 5% invested in their companies, 5% less they can pay their employees, 5% less they can invest in other companies, 5% less they will spend at the store.  Liberals are so short sighted it amazes me how they don't piss on themselves every time they got to the bathroom.

[txradioguy]

Not just that, that's 5% invested in their companies, 5% less they can pay their employees, 5% less they can invest in other companies, 5% less they will spend at the store.  Liberals are so short sighted it amazes me how they don't piss on themselves every time they got to the bathroom.

What the DUmmies know about economcs wouldn't fill up a thimble.

[Mr Mannn]

What happens to the rich when liberals start to tax them out of existence?
They move somewhere they are not crushed by punishing taxes.

We've seen it again and again. Liberal states like New York and California drive people and business out of the state with punishing taxes. Where do those businesses go? They go to states like Texas where people want them and the jobs they bring.

Latest example was France where they tried to punish the rich with a 75% tax...the rich just left.

So the question in the OP really ought to read:
What happens to the poor when a socialist state drives out the rich?
The poor starve.  the end.

[txradioguy]

What happens to the rich when liberals start to tax them out of existence?
They move somewhere they are not crushed by punishing taxes.

We've seen it again and again. Liberal states like New York and California drive people and business out of the state with punishing taxes. Where do those businesses go? They go to states like Texas where people want them and the jobs they bring.

Latest example was France where they tried to punish the rich with a 75% tax...the rich just left.

So the question in the OP really ought to read:
What happens to the poor when a socialist state drives out the rich?
The poor starve.  the end.

[Carl]

What happens to me if you try to tax the rich to nothing?

My life does not get one iota better for it and neither will yours DUmbass.

[Big Dog]

What happens to the rich when liberals start to tax them out of existence?
They move somewhere they are not crushed by punishing taxes.

We've seen it again and again. Liberal states like New York and California drive people and business out of the state with punishing taxes. Where do those businesses go? They go to states like Texas where people want them and the jobs they bring.

Latest example was France where they tried to punish the rich with a 75% tax...the rich just left.

So the question in the OP really ought to read:
What happens to the poor when a socialist state drives out the rich?
The poor starve.  the end.

Who is John Galt?

[jukin]

Do you know what happens to a wealthy person after you raise their taxes by 5%?

An upper middle class manager becomes a lower middle class worker.
A lower middle class worker loses their job.
A new life saving product is not made.
A factory moves to a business friendly country.

I could keep on going foir days. We have seen what happens in the USA under raise the taxes on the rich under Obama. Lowest employment participation rate recorded, highest number of people and children in poverty, a shrinking middle class, and an overall loss of 5% in the median income of Americans.

[JohnnyReb]

Buys a private south seas island, puts his money in a Swiss bank, fires all his workers, sales any real estate and haul ass out of the country....somewhat like facebook's SUCK-A-burger did.

[SSG Snuggle Bunny]

[HawkHogan]

No Dummy, the tax hit would fall on the small business owners and middle class Americans.

That's why the liberal elites like Warren Buffet, Bill Gates, etc, always push for tax hikes.

[Zathras]

What happens to the rich when liberals start to tax them out of existence?
They move somewhere they are not crushed by punishing taxes.

We've seen it again and again. Liberal states like New York and California drive people and business out of the state with punishing taxes. Where do those businesses go? They go to states like Texas where people want them and the jobs they bring.

Latest example was France where they tried to punish the rich with a 75% tax...the rich just left.

So the question in the OP really ought to read:
What happens to the poor when a socialist state drives out the rich?
The poor starve.  the end.

So true. There's nothing more mobile than a rich person, something the DUmbasses alway forget to factor in to their tax the hell out of the rich schemes.

[thundley4]

Keep it up chuckleheads...if your Progressive ideology isn't stopped...pretty soon your welfare check cashing clowns are going to be considered "wealthy" because there's no one else left to tax to fund your lazy asses.

Obama was going to try that with taxing 529 plans for college savings. Sure, those plans are used by people making over $100K, but look at what college costs are, and who would be hurt the most by that proposed tax, people making less than $100K.

Liberals have already talked about going after everyone's  retirement accounts and you know why? That is where the big money is.  You could tax the "rich" at 90% and it would not put a dent in the federal deficit. However, if they bumped up everyone's tax rate just a few percentage points, they would see a big windfall in revenue.

Why?  Because the rich know how to protect their money, working people don't have those options and would just have to suck it up.

[I_B_Perky]

Obama was going to try that with taxing 529 plans for college savings. Sure, those plans are used by people making over $100K, but look at what college costs are, and who would be hurt the most by that proposed tax, people making less than $100K.

Liberals have already talked about going after everyone's  retirement accounts and you know why? That is where the big money is.  You could tax the "rich" at 90% and it would not put a dent in the federal deficit. However, if they bumped up everyone's tax rate just a few percentage points, they would see a big windfall in revenue.

Why?  Because the rich know how to protect their money, working people don't have those options and would just have to suck it up.

If I think they are gonna start taking the 401k's, I'll draw everything out, buy gold, and bury it in my back yard.

[I_B_Perky]

Do you know what happens to a dummie when their welfare benefits get cut by 5 percent? They get on their nice expensive computer, with internet access, and whine about it on DU.

[J P Sousa]

Obama was going to try that with taxing 529 plans for college savings. Sure, those plans are used by people making over $100K, but look at what college costs are, and who would be hurt the most by that proposed tax, people making less than $100K.

Liberals have already talked about going after everyone's  retirement accounts and you know why? That is where the big money is.  You could tax the "rich" at 90% and it would not put a dent in the federal deficit. However, if they bumped up everyone's tax rate just a few percentage points, they would see a big windfall in revenue.

Why?  Because the rich know how to protect their money, working people don't have those options and would just have to suck it up.

The average amount of money in a 529 plan is about $20,000.
http://money.cnn.com/2013/03/12/pf/college/college-savings/

http://www.nytimes.com/2015/01/23/your-money/obamas-proposed-changes-to-529-college-savings-plans-would-reduce-benefits.html?_r=0

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