Romney's Bounce

repeBALANCE THAT BUDGET
1945 to 1980 we taxed wealth and estates to pay off WWII debt.
Now, we need the same to Pay off the “Republican” debt.
We have an income of 14,000B.
2013 budget calls for 2900B in revenue and 900B in deficit.
A shame that a nation with 14,000B income borrows 900B on a 3800B Budget.
We rank #4 on Inequality in OECD nations and above only Chile and Mexico as Least taxed.
In Federal-State and Local taxes we tax 27% of our GDP..
Since 1980, our tax rates have been cut to favor the wealthy.
Top 50% take 86% of individual income and pay a 12.5% Tax Rate
70,000,000 take 14% and all pay the full payroll tax.
The top 400 are billionaires. Some pay no payroll tax.
Most pay less than 1%.

We MUST go back to taxing Estates and Wealth at higher rates.
One family has more wealth than 90% of families.

We can balance our budget and pay off our debt which will give the middle class a larger share of our wealth and an improved standard of living. clarence swinneyat but so important

The top 10% of the income earners pay the vast majority of the taxes going into our federal tax system. But, hey...best thing is to just take ALL of their wealth and use it to spend and spend and spend and spend...and....well, you get the point.

Sooner or later, my friend, that money runs out. And then what? Think about that..if you have the capability to do so.

People in America work to be wealthy...most don't make it...but they work to achieve that. It's what America is all about for crying out loud. Who really wants to just remain poor...trusting in government to "take care of them"? Is that what you want? Is that what the majority wants? Of course not. Sure, we have to "take care" of those that come on hard times and we then expect them to pull themselves up by their bootstraps and WORK their way out of that kind of existence. Taxing the billionaires and taking away huge amounts from the successful in our country will be a short-term solution to a very long term problem. I'm amazed at your post. Do a Google on what segment of our society pays the lion's share of the taxes in our country. That 47% that don't pay ANYTHING isn't in that mix. The so-called "middle class" is paying some, of course. But, the biggest amount is the hugely successful...the big businesses...the employers in our nation...the rich. Take that away and what do you have?

Get a clue.

Yeah, raising taxes will spur the economy! Sure it will!

There is no just reason why the government should profit from anyone's death--period. If I pay my fair share of taxes on all the income I earn during my lifetime, why should the government get ANOTHER cut of it when I die? Every citizen should have the right to arrange for the disposal of his assets upon his death as he sees fit. And the estate tax has absolutely nothing to do with the debt--the rates could be exactly what they were after WWII and it wouldn't make the smallest dent in the debt. Returning to the Clinton era top tax rates wouldn't raise much more either. The soaring deficit can only be addressed by cutting back on our ridiculous rates of spending. Anything else you hear is propaganda or nonsense.