Geogal  Wrote:

who owns all banking? Who owns the Federal reserve?

That's a strange thing for a Mod to ask, given thecurrent situation on "Bait" and "Hate" threads the Mod's seem to be deleting on a regular basis

I'm surprised at those 2 questions Geogal lol

Just Saying

No Offence

I don't think the buffet rule goes far enough. I would close the loopholes too. What's ignored most in this whole argument is that the ultra wealthy through Political Action Committees, Lobbyists, Political Parties and other entities have monopolized Representation in the United States. Your letters go to the shredder as soon as they are answered by a staffer mailing a form letter from your elected official while he golfs or dines with his high class political whore. Since taxation was originally linked to representation, the representation alone that is given to a minority of the population is reason enough to justify them paying more for the services, defense and infrastructure government is supposed to provide. To me this is non-negotiable. Nothing will change my mind on this issue.

Good Post.. There is a lot of Smoke and Mirrors that the rich use to hide their income.. Remember GE paid no Income tax...Since the Buffet rule was brought to show how unfair the tax code is (Remember the income tax goes for nothing more than the Interest on the Federal Debt)..And (the income tax was started as a20e percent tax on the richest one percent) why not just go to a consumption tax?? When you spend is when you get taxed.. Spend more more tax..(You would get your entire paycheck each week.. No taxes taken off)

JF Priest  Wrote:

Good Post.. There is a lot of Smoke and Mirrors that the rich use to hide their income.. Remember GE paid no Income tax...Since the Buffet rule was brought to show how unfair the tax code is (Remember the income tax goes for nothing more than the Interest on the Federal Debt)..And (the income tax was started as a20e percent tax on the richest one percent) why not just go to a consumption tax?? When you spend is when you get taxed.. Spend more more tax..(You would get your entire paycheck each week.. No taxes taken off)

This is the simplest and fairest way to tax. No income tax. Sales tax only. Tax percentage goes up with amount of purchase, "luxury items" will be taxed the highest.

No sales tax to resold goods of any kinds--tax only ONCE!

JF Priest  Wrote:

Good Post.. There is a lot of Smoke and Mirrors that the rich use to hide their income.. Remember GE paid no Income tax...Since the Buffet rule was brought to show how unfair the tax code is (Remember the income tax goes for nothing more than the Interest on the Federal Debt)..And (the income tax was started as a20e percent tax on the richest one percent) why not just go to a consumption tax?? When you spend is when you get taxed.. Spend more more tax..(You would get your entire paycheck each week.. No taxes taken off)

This is the simplest and fairest way to tax. No income tax. Sales tax only. Tax percentage goes up with amount of purchase, "luxury items" will be taxed the highest.

No sales tax to resold goods of any kinds--tax only ONCE!

AC488  Wrote:

Geogal  Wrote:

who owns all banking? Who owns the Federal reserve?

That's a strange thing for a Mod to ask, given thecurrent situation on "Bait" and "Hate" threads the Mod's seem to be deleting on a regular basis

I'm surprised at those 2 questions Geogal lol

Just Saying

No Offence

some would think the answer obvious and would place it at the feet of stereotyping...

Sunny  Wrote:

JF Priest  Wrote:

Good Post.. There is a lot of Smoke and Mirrors that the rich use to hide their income.. Remember GE paid no Income tax...Since the Buffet rule was brought to show how unfair the tax code is (Remember the income tax goes for nothing more than the Interest on the Federal Debt)..And (the income tax was started as a20e percent tax on the richest one percent) why not just go to a consumption tax?? When you spend is when you get taxed.. Spend more more tax..(You would get your entire paycheck each week.. No taxes taken off)

This is the simplest and fairest way to tax. No income tax. Sales tax only. Tax percentage goes up with amount of purchase, "luxury items" will be taxed the highest.

No sales tax to resold goods of any kinds--tax only ONCE!

basic foods shouldn't be taxed, but ANY luxury should be.

Also, if things like weed were sold and taxed properly... it would be safer (no lacing) and it would make the states revenue and it's a great oxygen producer.

LoP Guest  Wrote:

JF Priest  Wrote:

Good Post.. There is a lot of Smoke and Mirrors that the rich use to hide their income.. Remember GE paid no Income tax...Since the Buffet rule was brought to show how unfair the tax code is (Remember the income tax goes for nothing more than the Interest on the Federal Debt)..And (the income tax was started as a20e percent tax on the richest one percent) why not just go to a consumption tax?? When you spend is when you get taxed.. Spend more more tax..(You would get your entire paycheck each week.. No taxes taken off)

Thanks JF I just noticed that the MSM never really points out the truth. I think if people are going to come to the defense of something they should understand what is they are defending. If Warren Bailed Out Buffet were really interested in paying more he could either write a check to the treasury or stop hiding his own massive wealth and pay the 35% on it. Now that would be a nice hefty chunk!

The people who are in the process of achieving wealth right now, wealth that could create new jobs will be the loser's under obama's buffet rule. This would only serve to further enrich the richest 1% who btw

Yup, under Bush, the 1% captured a disproportionate share of the income gains from the Bush boom of 2002-2007. They got 65 cents of every dollar created in that boom, up 20 cents from when Clinton was President. Under Obama, the 1% got 93 cents of every dollar created in that boom. That's not only more than under Bush, up 28 cents. In the transition from Bush to Obama, inequality got worse, faster, than under the transition from Clinton to Bush. Obama accelerated the growth of inequality.

http://truth-out.org/news/item/8533-grow...-than-bush

If anything tell obama your on to him and tell them to close the loopholes!

.. Warren gives himself a salary of around 100 Thousand..Most of it Dividends from previous earnings..Then the rest is sheltered most in off shore accounts.. Time to get rid of the IRS and Simplify the tax code..

I understand that

It's like a conditioned response

I automatically thought of a certain "tribe" when i read both you're questions

That's what disturbs me, it stinks of conditioning

Some call it the truth though, and i respect that

I don't think the buffet rule goes far enough. I would close the loopholes too. What's ignored most in this whole argument is that the ultra wealthy through Political Action Committees, Lobbyists, Political Parties and other entities have monopolized Representation in the United States. Your letters go to the shredder as soon as they are answered by a staffer mailing a form letter from your elected official while he golfs or dines with his high class political whore. Since taxation was originally linked to representation, the representation alone that is given to a minority of the population is reason enough to justify them paying more for the services, defense and infrastructure government is supposed to provide. To me this is non-negotiable. Nothing will change my mind on this issue.

The Evil AC  Wrote:

I understand that

It's like a conditioned response

I automatically thought of a certain "tribe" when i read both you're questions

That's what disturbs me, it stinks of conditioning

Some call it the truth though, and i respect that

placing it all at the feet of a "tribe" though is smoke and mirrors tactics, helps to spread hate and fear. It's more on an individuals level, or "family" one, IMHO.

ICE CREAM BUFFET?

link to image: http://i1189.photobucket.com/albums/z436...ecream.jpg