Comments on: Obama’s upside-down tax reform http://blogs.reuters.com/james-pethokoukis/2011/04/14/obamas-upside-down-tax-reform/ Politics and policy from inside Washington Sun, 07 Apr 2013 21:23:48 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: JKHazen http://blogs.reuters.com/james-pethokoukis/2011/04/14/obamas-upside-down-tax-reform/comment-page-1/#comment-11564 JKHazen Fri, 22 Apr 2011 01:10:48 +0000 http://blogs.reuters.com/james-pethokoukis/?p=6277#comment-11564 Everybody should pay an equal percentage of taxes. If you only bring in a cute little 15k a year then maybe you should take your pell grants and go to school so you can do something useful with your life. Whoever thought penalizing the successful was a good idea was clearly not very successful. Everybody should pay an equal percentage of taxes. If you only bring in a cute little 15k a year then maybe you should take your pell grants and go to school so you can do something useful with your life. Whoever thought penalizing the successful was a good idea was clearly not very successful.

]]> By: richardsong http://blogs.reuters.com/james-pethokoukis/2011/04/14/obamas-upside-down-tax-reform/comment-page-1/#comment-11290 richardsong Sat, 16 Apr 2011 15:58:23 +0000 http://blogs.reuters.com/james-pethokoukis/?p=6277#comment-11290 Dick Morris penned a clever book which outlines his theory, "that we are experiencing Trickle-Up Poverty." He feels that current Dem proposals will re-distribute wealth from the upper income earners to supply non-producers with a greater cash flow. Charming. Whether willing or not, the gov't has picked the poor as winners and the "rich" as the givers. It is a replay of the Robin Hood Myth. Dick Morris penned a clever book which outlines his theory, “that we are experiencing Trickle-Up Poverty.”
He feels that current Dem proposals will re-distribute wealth from the upper income earners to supply non-producers with a greater cash flow.

Charming. Whether willing or not, the gov’t has picked the poor as winners and the “rich” as the givers. It is a replay of the Robin Hood Myth.

]]> By: broken13 http://blogs.reuters.com/james-pethokoukis/2011/04/14/obamas-upside-down-tax-reform/comment-page-1/#comment-11281 broken13 Fri, 15 Apr 2011 23:48:28 +0000 http://blogs.reuters.com/james-pethokoukis/?p=6277#comment-11281 @ent: so what do you do with the other $200K? wich by the way is 5 times my total annual income before ANY taxes are taken and that is actually the largest amount of income i have recieved ever in my life.....normally its more like $30k but with tax deductions and healthcare costs i take home only around $15K-$20K.....im more than sure that you can wait another year to buy that third lexus or humvee so that the average american can have a slightly better life...even with the tax hikes you and the ppl like you are still living it large and your still unsatisfied...the solution to not affording your house is to get a more affordable one (duh)....the solution to not being able to have a new car is to make the one you got last (duh)...the fact is if you continue to expect the lower and working class to continue to pay the majority of the taxes, so you can have your little dinner parties etc, its gonna break us and when the average american is too broke to pay for anything its gonna take the rest of you with us....no one is gonna go out to eat, no one is gonna buy a new car, no one is gonna go to college, and no one is gonna be able to afford healthcare and as a surgeon im sure you will feel that in your wallet much more than a few more dollors, that you would throw away on something thats not neccassary, in taxes @ent: so what do you do with the other $200K? wich by the way is 5 times my total annual income before ANY taxes are taken and that is actually the largest amount of income i have recieved ever in my life…..normally its more like $30k but with tax deductions and healthcare costs i take home only around $15K-$20K…..im more than sure that you can wait another year to buy that third lexus or humvee so that the average american can have a slightly better life…even with the tax hikes you and the ppl like you are still living it large and your still unsatisfied…the solution to not affording your house is to get a more affordable one (duh)….the solution to not being able to have a new car is to make the one you got last (duh)…the fact is if you continue to expect the lower and working class to continue to pay the majority of the taxes, so you can have your little dinner parties etc, its gonna break us and when the average american is too broke to pay for anything its gonna take the rest of you with us….no one is gonna go out to eat, no one is gonna buy a new car, no one is gonna go to college, and no one is gonna be able to afford healthcare and as a surgeon im sure you will feel that in your wallet much more than a few more dollors, that you would throw away on something thats not neccassary, in taxes

]]> By: ent http://blogs.reuters.com/james-pethokoukis/2011/04/14/obamas-upside-down-tax-reform/comment-page-1/#comment-11272 ent Fri, 15 Apr 2011 16:17:39 +0000 http://blogs.reuters.com/james-pethokoukis/?p=6277#comment-11272 I agree. Obama keeps saying the he (millionaire) doesn't need a tax cut and Warren Buffet (billionaire) doesn't need a tax cut. But what he is saying is that he wants to raise the tax rate on people making over 200k each year. I am a surgeon and I make about 300K and I am self employed. If he raises taxes on me and raises the cap on what income gets social security tax then I probably won't be able to afford my house anymore. It is infuriating to hear people complain that the rich should finally pay taxes when I pay over 100k each year already and 47% of people pay zero. I agree. Obama keeps saying the he (millionaire) doesn’t need a tax cut and Warren Buffet (billionaire) doesn’t need a tax cut. But what he is saying is that he wants to raise the tax rate on people making over 200k each year. I am a surgeon and I make about 300K and I am self employed. If he raises taxes on me and raises the cap on what income gets social security tax then I probably won’t be able to afford my house anymore. It is infuriating to hear people complain that the rich should finally pay taxes when I pay over 100k each year already and 47% of people pay zero.

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