Neil Cavuto Launches a Class War - The Rich v. Everyone Else

[MSgt213]

Why is it we can't seem to make use of any this stuff. Even when it is just handed to us on a platter.

During the first half of Your World w/Neil Cavuto today (April 17, 2006) Cavuto promoted two upcoming segments several times. One promo was this: Coming up, "a guest who says the rich shouldn't pay taxes." Another was: "Poor people have it good." And again, "Let the rich off?"

Eventually, Cavuto returned from a break and introduced four roundtable panelists culled from Fox's Saturday morning block of four "business news" shows that Fox calls, collectively, "The Cost of Freedom." With a graphic over his shoulder that read, "Tax Break for the Rich?," Cavuto posed this question:

Wouldn't it be better for America and our economy if wealthy people paid a lot less in taxes?

Jonathan Hoenig, of "Cashin' In" spoke first:

Well, Neil, the rich already pay the vast majority of taxes in this country. The top 1% pay about 30% of all taxes. The top 30% pay almost 90% of all taxes and the bottom half of wage earners pay almost no taxes at all. So, I mean, the rich are already being soaked. The fact is, they've earned their money. They have a moral right to keep it and not have it redistributed to less productive members of society.

Tom Adkins, the founder of The Common Conservative website and the husband of Fox's Brenda Buttner, host of the Saturday morning "business news" show, Bulls & Bears, said,

Every time you've raised taxes since l960 the economy has slowed down, almost to a recession, and we've gotten almost no revenue growth.

Terry Keenan, the host of "Cashin' In" argued in favor of something like a "flat tax."

Jonas Max Ferris said,

The working man gets hosed on the tax thing. He's the one who pays all the taxes...the top 1% does control over half the wealth.

Wealth is not taxed very high in this country. Income is...a guy who lives off passive income and dividends now pays hardly anything.

(Comment: Thank goodness for Ferris' voice of reason. He was the only one who raised the issue of taxing wealth, which is far different than taxing wages.)

Hoenig again,

But, he has earned it and the rich don't become rich on the backs of the poor. The fact is that the progressive tax system...

Adkins interrupted,

They paid taxes getting there!

http://www.newshounds.us/2006/04/17/neil_cavuto_launches_a_class_war_the_rich_v_everyone_else.php#more

[TheCowsCameHome]

1. Cavuto is such a rumpswab. He looks like the perfect RW freak

Something about him makes me ill. The fact he's on Faux doesn't help, either.

[leesa]

2. Well, at least that's the real one this time.

What a bogus factoid...the top 1% pay 30% of all taxes. BFD! They have tons of income, usually from sitting on their asses and probably from questionable sources. They still pay less taxes by percentage than I do, I'll bet. As Bush says, that's what their lawyers are for, getting them out of paying taxes.

[Virginian]

3. Paris Hilton -- need I say more?

"They have a moral right to keep it and not have it redistributed to less productive members of society."

What's moral about not paying their fair share?

Since when is Paris Hilton more productive than ANY person who works for a living?

I hope the idiots watching this realize that they ARE the working poor who are considered "less productive members of society." They probably don't comprehend the massive wealth of some of these people. When I think about the small town where I grew up, they have never seen 1% of that much money in the hands of anyone they know. They think the doctor who lives in a $250,000 house is wealthy.

[Supersedeas]

4. interesting to see exactly how the other side things

[rniel]

5. Damn

this sounds scarier than any horror movie I've ever seen. I couldn't watch what you just did. I wouldn't have the stomach.

[HughBeaumont]

6. Did you read the freepfuck on the message board on this link?

His name is Goob and he's a typical conservaturd Reaganite dicktit who's parroting all of Hoenig's pro-corporate, anti-labor viewpoints. GOD, I can't believe this election was close enough because of shitbags like this guy.

[HughBeaumont]

7. Dupe

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