EAT THE RICH, why taxation can't fix the US economy

Recently Michael Moore stated emphatically the US is not broke, the money is still around it has just been transferred to the rich. This video, although very slanted to the right clearly shows how taxation cannot solve the United States budgetary problems. Large spending cuts are unavoidable.

For the liberal leaning, please wait till the calendar shows up on the screen, or fast forward to about 2:20. Regardless of the presenters bias, the way this video presents the facts at that point, should be viewed by everyone.

Michael Moore
is a classic example of someone with zero answers
but leaves the viewer in an emotionally upset state and
with other peoples faces splashed on the screen for us to express that emotion against.

He would have us
all turn into his witch hunters.

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I don't feel like fighting with Bill Gates and the Ninjas
cause someone likes playing the poor against the rich.

If America knew what Steve Jobs had really done,
they would hate him,
and if Bill Gates hadn't of been .... (explicative deleted) .... by the US governement,
America wouldn't of had a recession.

But what does the opening post of this thread care.
It's all about the sound and the fury.

Am I doing it right?


David Grouchy

As a moderate there needs to be a balance of tax increase and spending cuts.
The country is in deep crap and everyone needs to pitch in to help fix the issue.
We are in a war thats bleeding us dry. Both parties are spending like sailors in port.
We need some Barry Goldwater republicans back in office.

What means rich? You can only get real rich from stealing money.

Reply to post by grey580

Everyone needs to pitch in to correct the mistakes of a few?

Maybe, just maybe, I I had some rock solid assurance that one we were solvent and balanced this would never ever ever happen again I'd consider chipping in to help some politician correct decades of poor management by politicians.

But since no such assurance is remotely possible they can go ahead and suck it.

Saying I need to sacrifice or pay up for somebody elses bad behavior is like saying I should go to prison for somebody elses crime.


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reply to post by proximo


can someone give me 1 good reason as to why we shouldn't tax the rich anyway?

Reply to post by minnow329

Stealing even from a theif is wrong.


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Raising taxes to solve a spending crisis is like raising the alcohol level on a DUI so that the drunk driver won't get busted.
The problem still remains.

Cut spending. If we don't the they (DC elitists) will continue to spendspendspend.

reply to post by proximo


First off, if large corporations actually paid taxes like everyone else (i.e. without all of their lobbying-created loopholes), in addition to the companies being broken up into smaller companies so that there actually is competition within our free-markets rather than the price-fixing orchestrated by a few too-big-to-fail companies as currently seen (corporate socialism), then the how many trillions we spent bailing out these wankers wouldn't have been spent. Let's not stop there, why don't we cut 80% of military spending, and put that money into alternative energies, education, etc... Poof, economic spending problem abated. But no, let's keep cutting all of these minuscule (in terms of the larger economic deficit) programs for the poor that don't nearly put the kind of dent into paying back our collective debt that we need, while extending the Bush tax cuts (couple trillion dollars) to wealthiest 1-3% (guessed, I forgot the figures because I've been drinking tap water recently) of Americans. We as a country wouldn't be this bad off (financially) had our leaders actually stuck with the basic tenets of a free market: if you fail, then you get liquidated.

In ninteen ninety four Bill Gates went to the US gov and said

/really bad sqeeky Gates voice
"We've invented this new operating system,
it's called Windows 95, but there is one problem.
The phone lines are too slow so what we want to do
is run fiber optic throughout the entire country.
We have the money to do this, we just
need the permission. Interstate
commerce and all."

Well the US governement thought about it for a couple of years and
then said "You have money? GIVE IT TO ME!"

And they sued him
on the behalf of a company
that wasn't even in buisness any more.



Let's looks at everyones Teddy Bear called Steve Jobs.
He made a lot of money. But did any of the people in the garage with him?
Most of them got nothing. Zero. Zip. Nadda. And for some reason
he gets really good press and people worship him.

Everywhere Bill Gates goes he creates wealth.
ALL the people who were with him at the begining became BILLIONAIRES.
Even the freakin Maid who cleaned the rooms in his first Hotel/Office.
E..V..E..R...Y...O...N...E.

Steve Jobs made almost no one wealthy.


After being litigated out of the country by corrupt politicians
Bill Gates HAD to go to china and start buying up satallite space.

We could have had a fiber optic America by 2k.
Do you know how many jobs that would have created?


David Grouchy

reply to post by thisguyrighthere


ok so i'm taxed at a higher percentage then them. then im getting robbed too.

Reply to post by minnow329

Yes.

Every last one of is.




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Ah, so many folks blinded by the big pyramid scheme and hoping that, one day, if they toe the line, it'll be their turn to earn millions.....
An average person needs 20k a year to provide food, shelter and a few luxuries. 20 times that ought to be enough for anyone. It does no good to have millions of people on cr@ppy wages and conditions just so their CEO can buy another jet.

The rich need to be made to pay a decent share of what they take out of society's coffers.

Originally posted by SprocketUK

The rich need to be made to pay a decent share of what they take out of society's coffers.

You realize that America is one of the last countries left
where a rich person can go to feel safe.
All you are doing is advocating
the extinction of rich.

Huang Guangyu, China's richest man, disappears amid corruption investigation

This after about 14-20 years in jail.

Quit hattin on the rich.
It's a cheap tactic,
and Americans keep falling for it over and over.


David Grouchy

reply to post by davidgrouchy



Wasn't hating, mate. Merely stating a fact. It does no one any good for one person to sit on enough money to take care of a small town.

reply to post by davidgrouchy


Honestly guys i live in one of the most wealthy towns in america, my family is pretty well off, struggling mostly with our outrageous property taxes, but as for the billionaires up on the hill? 90% don't deserve what they have, they work relatively easy jobs that came from going to prep schools and affording great colleges. Their wealth is not a measure of their character, thus i think it wouldn't hurt to tax them a little more, it's not like they really NEED the money anyway.

reply to post by Super Katsurio


If someone (ie, you) took some actual economic courses, even at you're local community college, you would know that no corporation pays $0 in taxes.

Some corporations from 2008-2011 tax years (to which 2011 is actually 2010) won't pay any taxes to a very little amount of taxes because THEY HAD NO PROFIT. You cannot tax revenue (except oil, they get taxed on revenue) you can only tax profit. So some corporations like GE are very profitable, but GE Financial lost so much money that it exceeded profits by all other subsidiaries meaning the Conglomerate owes $0.

Companies like Exxon typically pay very little at years end or they get a refund, this is because they are taxed on revenue first through drilling taxes, property taxes, permit taxes, royalty taxes etc etc etc.. at years end they take the total PROFIT and determine the tax level. Most years the big oil companies pay between 40-50% of total profit in taxes due to the Excess Income Tax which taxes excessive profits at a level of 50%. Companies like GE with their many subsidiaries usually owe between 20-30%

America has one of the highest corporate income taxes in the World.

Educate yourself ... don't just listen to idiots online.

Originally posted by minnow329

Honestly guys i live in one of the most wealthy towns in america, my family is pretty well off, struggling mostly with our outrageous property taxes, but as for the billionaires up on the hill? 90% don't deserve what they have, they work relatively easy jobs that came from going to prep schools and affording great colleges. Their wealth is not a measure of their character, [color=gold]thus i think it wouldn't hurt to tax them a little more, it's not like they really NEED the money anyway.

Yeah and no body thought that a creme pie to the face would hurt either.
But look at his body language.
He looks like someone who
has just been assasinated.
Or thinks he has.

I don't envy being the victim of what
Americans' think "wont hurt" in the least.
Not at all.

And does Bill Gates really have that much wealth,
or is it all tied up in stocks and he just looks wealthy on paper?
What do you think would happen if the founder of Microsoft
started selling all his shares. So he could actually

.... I don't know ... spend some of it ... instead of working all the time...

That's right.
The market would reward him
by tanking the stock.

So we would find that he was never worth that much.


David Grouchy

reply to post by davidgrouchy


What's with all tba Gates love?
I just don't get it. (not just because I like 'nix and felt that Netscape got shafted).

Originally posted by SprocketUK
I just don't get it. (not just because I like 'nix and felt that Netscape got shafted).

If Netscape wanted to compete with Microsoft they could have.
If they had announced "We are comming out with an operating system
to compete with Microsoft, just give us 4 years." Their sales would have skyrocketed.

The mood in the country would have gotten them massive purchases through the emotion
of supportive voting with dollars.

But they didn't.
They folded up their tents and went home.
They released their source for free, and said we don't wana play.

They didn't get shafted.
They quit, and we got the shaft.


David Grouchy