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The cure for America is a three letter word:

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Stinky The Clown Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 08:34 AM
Original message
The cure for America is a three letter word:
Tax

Increase the hell out of taxes. Make it hurt. Make them go up until eyes bleed.

But make it progressive.

Pick a very high number. Let's say 90% or 95%. Tax all income of any kind from any source that exceeds $1,000,000 a year.

Eliminate such bullshit as capital gains taxes on stock sales and dividend income tax disparity. Tax it all as ordinary income, at least. I actually favor taxing it at twice the tax rate of income derived from labor.

Slide the tax rates down to zero for incomes below - pick a number - $50,000.

Now think about this: eliminate many corporate taxes. Instead, tax the PERSONAL income of the corporatists. Tax it in a way that PENALIZES these fuckers if they try to fuck us. Increase the scope of what is defined as "income" (I'm talking to you company jet and company golf memberships, etc.)

Play with this concept. Lots of actual good ideas can come from daydreaming.
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 08:36 AM
Response to Original message
1. What gets me is the rich ain't gonna vote for Democrats
any way, so why worry about taxing them, which they should be. It is sick that they have all those loopholes so they don't have to pay any taxes at all.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 08:37 AM
Response to Original message
2. I was hoping you would say SEX
But your idea would have the teabeggers really upset too!
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 08:42 AM
Response to Reply #2
4. I'd settle for a JOB
take that any way you want.
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 08:38 AM
Response to Original message
3. You must be some sort of Professional Leftist, Stinky..
You should report to the DEA for your drug test, you fucking cognitively challenged person you..

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T Wolf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 08:51 AM
Response to Original message
5. The system you recommend would be very simple and understandable. I have been
advocating exactly this for-ever.

The devil (aside from being across the aisle and on our side) is in the details - what numbers to use to fill in the blanks. I would like to see numbers that ensure that someone with that amount of income can live, not just survive.

Above that, very diminishing returns because greed destroys everything in its path. What does anyone with more than a million (or less) a year?

The needs of the many outweigh the greed of the few.
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melm00se Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-27-10 08:52 AM
Response to Original message
6. Company paid for
Edited on Fri Aug-27-10 08:52 AM by melm00se
country club memberships are already considered (and taxed as) income:

It's important to remember that all money an employer pays its employees is subject to payroll tax, not just standard salary, wages and tips. That includes vacation allowances, bonuses, commissions, back pay, sick pay, non-cash "in kind" payments (goods, lodging, food, clothing), tax-sheltered annuities, and fringe benefits like baseball tickets, country club memberships and discounted airline tickets

http://money.howstuffworks.com/personal-finance/personal-income-taxes/federal-taxes.htm/printable
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wookie72 Donating Member (675 posts) Send PM | Profile | Ignore Fri Aug-27-10 08:56 AM
Response to Original message
7. Works for me
When Obama announces it, he should say "you think I'm a socialist? I'll show you socialism, m****rf*****r."

Of course, he's phrase it a lot better.

(note, I'm being totally serious)
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Spyderama Donating Member (103 posts) Send PM | Profile | Ignore Fri Aug-27-10 09:21 AM
Response to Original message
8. Outstanding Idea!
This has been obvious for decades. What particularly baffles me is why the Democrats are so spineless at standing up to the greedy a-holes! They need to explain to the moronic public that the top tax rate was 91% precisely in the same era in which America was so hopeful and prosperous. It was the continual pushing lower of tax rates on the rich and interest earned by middle income citizens that has gotten us into this mess. In case you misunderstand, remember that for many years, any ordinary bank account paid 5.25%. No single human was more responsible for the housing bubble than Alan Greenspan, who gave Wall Street continually lower and lower interest rates, inflating the bubble, pushing ordinary Americans into a risky stock market, and turning Wall Street into a casino for the uber-rich.

http://palinbabygate.blogspot.com/

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