Herman Cain: Liberals Want to Destroy America

[dust1n]

Most Liberals I know have the best of intentions, they just don't understand that we do not have unlimited resources.

Taxing the rich seems popular but what do we do when we run out of other people's money?

Um, well you couldn't run out of money to be taxed. Since a tax rate is percentage of your income/wealth, you wouldn't run out of income or wealth.

 

[dust1n]

Yes Alceste, you raise a good point. The thing is, are you willing to adopt all the Danish rules and regulations that makes their country so great or do you just want to cherry pick what you like and abandon what you dislike?

My next question is, do you believe the way Denmark is ran can be replicated on a much larger scale?

Well considering Denmark has over 5 and a half million people, we could at least replicate it in Florida.

 

[Revoltingest]

Um, well you couldn't run out of money to be taxed. Since a tax rate is percentage of your income/wealth, you wouldn't run out of income or wealth.

Wealth can flee & productivity can drop as tax rates increase towards unsustainable levels.

 

[dust1n]

Wealth can flee & productivity can drop as tax rates increase towards unsustainable levels.

Wealth sure can flee. The government is also able to freeze assets.

With less wealth in the money supply, wouldn't it actually boost the value of the average person's dollar?

 

[Magic Man]

Wealth can flee & productivity can drop as tax rates increase towards unsustainable levels.

Yeah, I mean, heaven forbid we raise taxes for fear of those fragile rich people just up and leaving. I think we need to cater to them more. I mean, their income has only increases 275% over the past 30 years (in constant dollars), compared to 40% for the middle class. That's obviously not enough. If we only let it increase 200% while letting the middle class's increase by 80%, surely we run the risk of the rich just leaving and taking all their money and jobs with them, and of course no one could possibly take their place here and create new jobs and money.

 

[Magic Man]

Yes Alceste, you raise a good point. The thing is, are you willing to adopt all the Danish rules and regulations that makes their country so great or do you just want to cherry pick what you like and abandon what you dislike?

I won't speak for Alceste, but I sure as heck would want to do things like them.

My next question is, do you believe the way Denmark is ran can be replicated on a much larger scale?

It might take some tweaking, but I'd like to think it's possible.

 

[dust1n]

The Absurd Report » Inconvenient Tax Truths BY PETE DU PONT

This should clear up misconceptions on the Bush tax cut. Less taxes = greater revenues. Simple.

If the Liberals in power are aware of these numbers, then their policies for greater taxes on those who circulate the most wealth to be taxed from can only be seen as ignorance or deliberate attempts to lower total revenues for the sake of their ideology base and thus economically destroy America. I'll give them the benefit of the doubt and assume that the Liberal politicians simply aren't aware of the raw numbers involved with the #1 priority.

WOWSER! Non-cited data from a biased random blog lacking any credentials, where THE WRITER'S WON'T EVEN INCLUDE THEIR OWN NAME. What a real contribution to the discussion. Not that you have stayed on the same topics you started off: "Herman Cain didn't say liberals wanted to destory this country.." & "How convenient that 'economically' was left out of a quote" A verbatim one, at that, and inserting words (even if the word was just later, you could be still subject to libel for incorrect quoting someone.)

 

[Revoltingest]

Yeah, I mean, heaven forbid we raise taxes for fear of those fragile rich people just up and leaving. I think we need to cater to them more. I mean, their income has only increases 275% over the past 30 years (in constant dollars), compared to 40% for the middle class. That's obviously not enough. If we only let it increase 200% while letting the middle class's increase by 80%, surely we run the risk of the rich just leaving and taking all their money and jobs with them, and of course no one could possibly take their place here and create new jobs and money.

Woof!

 

[dust1n]

Yeah, I mean, heaven forbid we raise taxes for fear of those fragile rich people just up and leaving. I think we need to cater to them more. I mean, their income has only increases 275% over the past 30 years (in constant dollars), compared to 40% for the middle class. That's obviously not enough. If we only let it increase 200% while letting the middle class's increase by 80%, surely we run the risk of the rich just leaving and taking all their money and jobs with them, and of course no one could possibly take their place here and create new jobs and money.

Yeah we know that giant list of things investors personally created that one else possibly could have made, and that the population can't live without.

 

[Magic Man]

Woof!

Good to know I can still count on the same good conversation from you.

 

[Revoltingest]

Good to know I can still count on the same good conversation from you.

Likewise!

 

[T-Dawg]

Woof!

I tried to put this into google translate, but it couldn't figure out what you were trying to say.

Could you rephrase the statement, preferably into non-canine English?

 

[Revoltingest]

I tried to put this into google translate, but it couldn't figure out what you were trying to say.
Could you rephrase the statement, preferably into non-canine English?

It would be hard to discover its significance by googling it.
"Woof" was Albert Rosenfeld's dismissive comment on Sheriff Truman's intellectual prowess in an episode of Twin Peaks.

Albert's path is a stange & difficult one.....
http://www.youtube.com/watch?v=GS2zU6YPl24

 

[Shermana]

So the fact that the Bush tax cuts caused revenues to dramatically (to historic levels) go up obviously doesn't mean much to the Liberal I see. What a shocker. It seems they're more concerned about punishing the Rich for being rich than they are about higher revenues. Who needs revenue anyway, we got China to give us all the money we want, right?

 

[Revoltingest]

So the fact that the Bush tax cuts caused revenues to go up obviously doesn't mean much to the Liberal I see. What a shocker. It seems they're more concerned about punishing the Rich for being rich than they are about higher revenues. Who needs revenue anyway, we got China to give us all the money we want, right?

Let's not forget the Bush tax increases. He also changed IRS enforcement standards to boost revenue. This was something
which didn't hit the media, but my CPA knew about it & I experienced it. I didn't see ole Dubya as a friend of business.

 

[T-Dawg]

So the fact that the Bush tax cuts caused revenues to dramatically (to historic levels) go up obviously doesn't mean much to the Liberal I see. What a shocker. It seems they're more concerned about punishing the Rich for being rich than they are about higher revenues. Who needs revenue anyway, we got China to give us all the money we want, right?

I think it has more to do with liberals doubting your claim. I couldn't find evidence for it with a quick look at statistics, and it contradicts everything I've heard before about the Bush years.

 

[T-Dawg]

Let's not forget the Bush tax increases. He also changed IRS enforcement standards to boost revenue. This was something
which didn't hit the media, but my CPA knew about it & I experienced it. I didn't see ole Dubya as a friend of business.

Wait, when did Bush raise taxes? And on who did he raise taxes? I've heard of Reagan discretely raising taxes, but I haven't heard of Bush trying such a thing...


EDIT: Wait, are you talking about Bush Sr. or Bush Jr.? I just googled it and it appears that most of the focus is on Bush Sr.

 

[Revoltingest]

Wait, when did Bush raise taxes? And on who did he raise taxes? I've heard of Reagan discretely raising taxes, but I haven't heard of Bush trying such a thing...

EDIT: Wait, are you talking about Bush Sr. or Bush Jr.? I just googled it and it appears that most of the focus is on Bush Sr.

Bush Jr altered auditing procedures to boost revenue....a stealthy administrative tax increase.
Bush Sr was more direct about his increase.

 

[Shermana]

I think it has more to do with liberals doubting your claim. I couldn't find evidence for it with a quick look at statistics, and it contradicts everything I've heard before about the Bush years.

What do you mean? There was a massive 800 billion dollar increase, how did you miss that? Auditing practices or not. Can the Obama regime say anything (and the 2007-2008 years of Bush in which the Democrats ruled the House) similar?

Perhaps "Everything you've heard' comes from leftist sources and you completely avoid anything that rightist sources say?

 

[Reverend Rick]

Perhaps "Everything you've heard' comes from leftist sources and you completely avoid anything that rightist sources say?

Give the kid a break, how many people his age would even try to learn about what the tax rates where before they where born?

Yes, he is immersed in a Liberal environment attending college, but he still searches for the truth. This man is literally swimming up stream here.