Obama Voters: What Should The Prez Do About Econ?

[Jermyn Davidson]

Originally Posted by deacon blues

A 100% tax rate on all those that make $10 million or more would only generate $240 billion. Of course you can't take 100% of their money, so we're talking a very small amount of money. So whats the point of raising taxes on the rich if its futile?

You call it futility, but I call it principled and balanced. We are one nation.

Originally Posted by trialedbyfire

I don't believe that taking more money from people who are well off is the solution to America's problems, I just don't.

A person making $300,000.00 should at the bare minimum pay the same tax rate as someone making $50,000.00 It is my understanding that under the current tax code, the very wealthy pay less taxes percentage wise than those who earn much less and to me, that doesn't seem right either.

I would like to see the entire tax code revised, simplified, and made sensible. Right now, if a person makes enough money they can weasel their way out of paying any taxes-- the average American doesn't have that ability.

Originally Posted by trialedbyfire

That will never happen under Obama.

It already has. Pay raises for government employees have been frozen for quite sometime and this Administration cut taxes on small businesses over 12 times over the last 4 years-- but that economy building fact is never recognized by the GOP.

Originally Posted by trialedbyfire

This is where we agree and differ at the same time. I believe in having a strong, large, technologically advanced, well maintained military. However I would agree that there are waists but would rather see that money reallocated back to the military for the purpose of maintaining a healthy and strong military then just simply cut for the budgets sake.

The waste from OIF totalled in the billions! Billions of Federal dollars spent without proper records to track the spending. The GSA and the way that DOD contracts are awarded are prime examples of government spending gone wild! Increase efficiency in this area, and our country will no doubt see billions of dollars of savings in the long run and millions in the immediate future.

Originally Posted by trialedbyfire

As for Afghanistan, believe it or not I'm against keeping the troops there and would support immediate withdrawal (that's the Paulite in me). Don't get me wrong, I'm not anti-war I supported the decision to go in and wipe out any threat to us and I strongly believe in preemptive strike, but nation building is not my thing.

We abandoned Afghanistan in the 1980's and we are paying the price for that terrible decision by the Reagan Administration. We don't need to repeat the same mistakes over and over. It is better that we leave them better than we found them, plus it's the good thing, the right thing, to do.

Originally Posted by trialedbyfire

Because in the long run cutting their pay does nothing to help the economy and only serves as a class-warfare distraction and the idea throws support behind the theory that all rich people are bad and that people who work for their money should be punished for having money. And yes congressmen and other federal employees work and serve their nation. Every single one of them/us. Being a congressman is a stressful job and sometimes dangerous. People assassinate congressmen and public officials. People attack them. Their sole living is earned by their service to the federal government which is a high constitutional order and a stressful service. I serve my nation in a different capacity and I chose to serve my nation in that capacity understanding the benefits, pros, cons, draw-backs and in-betweens. We all work for our living and have a right to what we earn. Those who do not work... well you've read the Bible... that's kinda my attitude toward that.

I can't justify what those bureacrats get paid and definitely can't justify the costs of their LIFETIME entitlements after serving just one term in the House or Senate.

I can't justify their unscathed escape from these tough times while the people they are representing are at risk of going without the care and necessities they need while they vote to balance the budget on the backs of the sick, the elderly, and the poor.

Our elected officials tell the poor, "Ask what you can do for your country and not what your country can do for you," while they line their pockets with cash, medical benefits, and everything else that the "politically powerful" can get away with.

You want to defend that and I would like to balance that.