Why America Won't Raise Taxes...

[GoodWitch58]

Budget stalemate: Why America won't raise taxes - CSMonitor.com

The average voter cut some $145 billion in spending, with Democrats actually cutting more than Republicans. And 91 percent of respondents ? including 77 percent of Republicans and 66 percent of self-identified tea partyers ? chose to raise taxes by an average of $292 billion.

"Congress has gotten itself in a position where they feel various pressures, primarily from organized groups, and their tendency is to assume that the totality of organized groups is representative of the public as a whole ? and that's a big mistake," says Kull

another example of where the elected officials are not listening to regular citizens, but rather, the ones who either contribute the most money or talk the loudest.

 

[idlewind]

You should have read down further. the article states that Americans don't mind taxation as long as it is fair. Under the current system, where GE pays zero taxes and the mom & pop electronics store down the street pays over 30%, is not fair and so no sane person wants to add more taxes that give a pass to the rich, the poor and the connected and stick it to the middle class. Let them cut all the spending they possibly can and then talk about tax increases.

 

[GoodWitch58]

You should have read down further. the article states that Americans don't mind taxation as long as it is fair. Under the current system, where GE pays zero taxes and the mom & pop electronics store down the street pays over 30%, is not fair and so no sane person wants to add more taxes that give a pass to the rich, the poor and the connected and stick it to the middle class. Let them cut all the spending they possibly can and then talk about tax increases.

Idlewind, I read the entire article; I always do read the articles from which I post a portion.

I do not disagree with what you posted. The point I took from the article is that the elected officials are not listening to the people in general--if they did, they would see that the extreme voices are not speaking for the majority. I believe most people agree with what you post--the point of the article, I think, is that people are not so much against taxes, as they are against the way the money is being spent.

 

[Matt J]

You should have read down further. the article states that Americans don't mind taxation as long as it is fair. Under the current system, where GE pays zero taxes and the mom & pop electronics store down the street pays over 30%, is not fair and so no sane person wants to add more taxes that give a pass to the rich, the poor and the connected and stick it to the middle class. Let them cut all the spending they possibly can and then talk about tax increases.

Who are you and what have you done with idlewind?

 

[idlewind]

Who are you and what have you done with idlewind?

I have been told I am a complex individual.

 

[GoodWitch58]

I have been told I am a complex individual.

You must be reading David Brooks' new book

 

[poppy]

You should have read down further. the article states that Americans don't mind taxation as long as it is fair. Under the current system, where GE pays zero taxes and the mom & pop electronics store down the street pays over 30%, is not fair and so no sane person wants to add more taxes that give a pass to the rich, the poor and the connected and stick it to the middle class. Let them cut all the spending they possibly can and then talk about tax increases.

Do you really believe GE paid zero tax?

 

[idlewind]

Do you really believe GE paid zero tax?

I only know what has been reported, I haven't reviewed their tax returns. But I certainly think it is within the realm of possibility that GE paid no income tax last year.

 

[idlewind]

You must be reading David Brooks' new book

It's on my buy list for my next books a million visit.

 

[idlewind]

A previous post by the noted conservative tea party member "Bob" quoting a story in the right-wing rag "New York Times:"


G.E.?s Strategies Let It Avoid Taxes Altogether
http://www.nytimes.com/2011/03/25/bu...omy/25tax.html By DAVID KOCIENIEWSKI
Published: March 24, 2011


General Electric, the nation?s largest corporation, had a very good year in 2010.The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.

Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.

That may be hard to fathom for the millions of American business owners and households now preparing their own returns, but low taxes are nothing new for G.E. The company has been cutting the percentage of its American profits paid to the Internal Revenue Service for years, resulting in a far lower rate than at most multinational companies. uch strategies, as well as changes in tax laws that encouraged some businesses and professionals to file as individuals, have pushed down the corporate share of the nation?s tax receipts ? from 30 percent of all federal revenue in the mid-1950s to 6.6 percent in 2009.....by the corporations, for the corporations....amen brother teabag


Just another right wing fabrication and distortion of the facts I am sure