Author Topic: Isn't raising tax rates on the wealthy more than about getting revenue from the  (Read 2331 times)

0 Members and 1 Guest are viewing this topic.

Offline Freeper

  • Moderator
  • Hero Member
  • *****
  • Posts: 17779
  • Reputation: +1311/-314
  • Creepy ass cracker.
Quote
SHRED (9,501 posts)

Isn't raising tax rates on the wealthy more than about getting revenue from them?


 
Isn't it about having higher rates as an incentive to shelter those earnings/dividends via reinvestment?
To reinvest back into their business or others to create jobs and circulate money?

It would seem to me that the goal of higher tax rates on the wealthy would not be that the government would even collect that amount but rather those facing that rate would shelter that money back into the system rather than pay that rate.

So a high tax rate on the wealthy would act as a deflection or incentive rather than low rates which encourage money to be pulled out and stashed away.

This reinvestment then would evolve to pay off exponentially in tax returns as more people are hired, business is expanded, and people get pay raises which are all shelters for the wealthy.

If I am correct in my assessment then why are we stuck in the mainstream TV and radio with no one (or hardly anyone) describing this and Republicans being allowed to debate the numbers as if the only revenue received by the government would be from the increased rates themselves rather than what those rates would inspire in the form of shelters by the wealthy?

http://www.democraticunderground.com/10021812417

You forget one thing DUmmy, why would they risk investing the money if the government is going to just take a huge bite out of any returns on that investment?

Quote
Live and Learn (1,019 posts)
2. Yes, raising tax rates on the wealthy creates jobs. nt

 :mental:

I may not lock my doors while sitting at a red light and a black man is near, but I sure as hell grab on tight to my wallet when any democrats are close by.

Offline J P Sousa

  • We Built Our Business - IN SPITE OF GOVERNMENT
  • Hero Member
  • *****
  • Posts: 3785
  • Reputation: +310/-19
  • I love the smell of gun powder in the morning
Just when I think the DUmmies can't possibly say anything more stupid............they do.. :loser:

.
John Wayne: "America Why I Love Her"
https://www.youtube.com/watch?v=j5ZGz7h0epU

Get Over It! We Are Not All Created Equal ~Capt Katie Petronio

Obama Wiretapped The Trump Tower...FACT

The reason there are so many stupid people is because it's illegal to kill them.
~John Wayne

Offline USA4ME

  • Evil Capitalist
  • Hero Member
  • *****
  • Posts: 14835
  • Reputation: +2476/-76
Sure.  Tax me more and I'm going to keep putting the money back into the system that taxes me more.  Tax me less and I'm not going to use that money to try and make more money, I'm just going to hoard it.

 :mental:

Look primitives, if I ever want to know how to turn a million in real estate into $25 in cash I'll be sure to call you first.

.
Because third world peasant labor is a good thing.

Offline BEG

  • "Mile Marker"
  • Hero Member
  • *****
  • Posts: 17277
  • Reputation: +1062/-301

Offline Dori

  • Hero Member
  • *****
  • Posts: 7964
  • Reputation: +406/-39
 :blonde:

Hey dummy, if a robber takes your money, how much do you have to shelter or invest?

The visual of Obama as the robber is quite fitting.
“How fortunate for governments that the people     they administer don't think”  Adolph Hitler

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2224/-127
Quote
Isn't raising tax rates on the wealthy more than about getting revenue from them?

Yes.  It is all about punishing those that dare to do better than lazy scumbags like you DUmmies.  Raising taxes has nothing to do with the deficit or the debt, it's all about punishment.

Tax all corporations and all the rich people at 100% and it would take scores of years to pay of the debt.  However, it makes liberals feel good to punish rich people.

Offline YupItsMe

  • Hero Member
  • *****
  • Posts: 1124
  • Reputation: +138/-6
If I were rich and owned a corporation of say 500 employees, I think I would be just about ready to close the damn thing, give $20K to any employee that didn't vote for Obama, move all my money to Swiss accounts and ask Schade if she wanted to go to Aruba.  :naughty:

Offline JohnnyReb

  • In Memoriam
  • Hero Member
  • *****
  • Posts: 32063
  • Reputation: +1998/-134
You'll risk it all for a 100% gain without hardly thinking about it.

You'll risk it all for a 50% gain with a little bit of thought.

You'll risk it all for a 20% gain after a good bit of thought.

You might risk it all for a 10% gain after some very serious thought.

You ain't gonna risk a damn thing for 0% gain.....and that's without giving it a single thought.
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline Rebel

  • MAGA
  • Administrator
  • Hero Member
  • *****
  • Posts: 16934
  • Reputation: +1384/-215
Quote
So a high tax rate on the wealthy would act as a deflection or incentive rather than low rates which encourage money to be pulled out and stashed away.

Some people shouldn't be allowed to breed...or vote. This is Idiocracy-type of thinking.
NAMBLA is a left-wing organization.

Quote
There's a reason why patriotism is considered a conservative value. Watch a Tea Party rally and you'll see people proudly raising the American flag and showing pride in U.S. heroes such as Thomas Jefferson. Watch an OWS rally and you'll see people burning the American flag while showing pride in communist heroes such as Che Guevera. --Bob, from some news site

Offline Karin

  • Hero Member
  • *****
  • Posts: 17752
  • Reputation: +1895/-81
Oh my God. 

And they don't know the first thing about basic tax calculation.  Let alone a business cash cycle.  Math is hard.

Speaking of stupid beyond belief, and off-topic, but I went to The Hill for a few minutes yesterday; there was a thread about the Generals and Beghazi.  Some libtard tried to tell us that the 4 deaths "didn't happen."  Pressed as to how he could possibly say that, he said "cause we don't listen to Rush, Fox and Beck."   :thatsright:   I want to punch people sometimes.   I ask, "So, they're just sitting around playing cards, happy and well?"  His reply to me was that I was a twatburger. 

Offline FiddyBeowulf

  • "Its on, its off, its on, its off." "That is called blinking, boys."
  • Hero Member
  • *****
  • Posts: 5271
  • Reputation: +523/-34
:blonde:

Hey dummy, if a robber takes your money, how much do you have to shelter or invest?

The visual of Obama as the robber is quite fitting.
and....
 :racist:
Fire...BAD!!! - John Fetterman


The policies that are indorsed by this party, that they backer of which are much of the 1 percent, causes a social structure much like the one back before the Revolution.

-Words of wisdom from Lady Freedom Returns

"Arguing with liberals...it's like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock over the pieces, crap on the board and strut around like it's victorious." -- Anonymous

"A hat should be taken off when you greet a lady and left off for the rest of your life. Nothing looks more stupid than a hat." - P. J. O'Rourke

Offline FlaGator

  • Another Pilgrim
  • Hero Member
  • *****
  • Posts: 5413
  • Reputation: +1032/-31
  • Democracy can survive anything except Democrats
:blonde:

Hey dummy, if a robber takes your money, how much do you have to shelter or invest?

The visual of Obama as the robber is quite fitting.

The point the lib is attempting to make is that the wealthy will invest the money before the robber breaks in. This is a fallacy in that instead of investing the profit that will eventually be taxed through other means, the wealthy will attempt to shelter it from taxation. This means no investment in the current economy or having it available for seizure via taxation by the government.
"My enemy's enemy is the enemy I kill last."
Klingon Proverb.

Offline Undies

  • Hero Member
  • *****
  • Posts: 2515
  • Reputation: +309/-54
If I have to sink all my profits back into the business to keep the government from stealing it, why should I bother to generate profits in the first place?  I'm not seeing a payday either way.

Offline DumbAss Tanker

  • Hero Member
  • *****
  • Posts: 28493
  • Reputation: +1710/-151
Liquidating high-value personal property as a long-term capital asset doesn't actually do anything but shift an individual's hard asset position from one form to another while allowing them to reset their basis in a more tax-advantageous way than will be the case in two months.  Selling high-dividend stocks to avoid increased dividend tax liability also does nothing but marginally devalue the capital of the issuing corporation because their dividend-yielding stock becomes less desirable (Though in most cases that can be remedied by changes in corporate financial policy in the outyears rather than being an inherent problem build into the stock itself).

Neither of these major effects will create jobs or do anything positive for the economy.
Go and tell the Spartans, O traveler passing by
That here, obedient to their law, we lie.

Anything worth shooting once is worth shooting at least twice.

Offline jukin

  • Hero Member
  • *****
  • Posts: 16241
  • Reputation: +2120/-170
Like the economic super genius Obama said, "It's a matter of fairness." when asked that even though raising capital tax rates brings in less overall tax revenue.

For these hard left ideologues the results do not matter as long as they think they are punishing someone, someone rich. At it's heart this is all leftism is, greed and envy.

BTW, did anybody notice that the very first month of the last FY under Obama I was over $120 billion?  It's going to be a glorious future comrades, GLORIOUS!!!
When you are the beneficiary of someone’s kindness and generosity, it produces a sense of gratitude and community.

When you are the beneficiary of a policy that steals from someone and gives it to you in return for your vote, it produces a sense of entitlement and dependency.

Offline Celtic Rose

  • All American Girl
  • Hero Member
  • *****
  • Posts: 4157
  • Reputation: +311/-32
Very few people "hoard" money, unlike the imaginings of the DUmmies.  They may save money for future expenses, or to pay for a large ticket item, but many wealthy people actively use a good portion of their money.  If a business owner suddenly has a large surplus, he will likely look at him business and determine how to best reinvest it. 

Offline Zeus

  • Hero Member
  • *****
  • Posts: 3265
  • Reputation: +174/-112
[youtube=425,350]http://www.youtube.com/watch?feature=player_detailpage&v=-zP2M9_KzwQ[/youtube]

[youtube=425,350]http://www.youtube.com/watch?v=y47jW2vfHWU&feature=related[/youtube]
It is said that branches draw their life from the vine. Each is separate yet all are one as they share one life giving stem . The Bible tells us we are called to a similar union in life, our lives with the life of God. We are incorporated into him; made sharers in his life. Apart from this union we can do nothing.

Offline DumbAss Tanker

  • Hero Member
  • *****
  • Posts: 28493
  • Reputation: +1710/-151
Very few people "hoard" money, unlike the imaginings of the DUmmies.  They may save money for future expenses, or to pay for a large ticket item, but many wealthy people actively use a good portion of their money.  If a business owner suddenly has a large surplus, he will likely look at him business and determine how to best reinvest it. 

You have to remember that their idea of 'Rich' means Scrooge McDuck and his Money Bin.
Go and tell the Spartans, O traveler passing by
That here, obedient to their law, we lie.

Anything worth shooting once is worth shooting at least twice.

Offline J P Sousa

  • We Built Our Business - IN SPITE OF GOVERNMENT
  • Hero Member
  • *****
  • Posts: 3785
  • Reputation: +310/-19
  • I love the smell of gun powder in the morning
You have to remember that their idea of 'Rich' means Scrooge McDuck and his Money Bin.

 :lmao:  yeah, they think cartoons and fairy tales are facts.  :lmao:
.
John Wayne: "America Why I Love Her"
https://www.youtube.com/watch?v=j5ZGz7h0epU

Get Over It! We Are Not All Created Equal ~Capt Katie Petronio

Obama Wiretapped The Trump Tower...FACT

The reason there are so many stupid people is because it's illegal to kill them.
~John Wayne