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Originally posted by thepresident
Originally posted by marrasca
reply to post by IsThisThingBugged
Taxing the rich is just a another trick that most idiots will welcome. If 97% of the dollar has been devalued since the 30's, what do you think is going to happen when this quantitative easing (money printing) starts affecting inflation? I had the opportunity to live in italy during the eighties, and ten years before the acceptance of the euro, I witnessed the old currency (Lira) inflate to over 400% in just 7 years. My point is that a tax based on a fixed higher income is wrong because we will all be earning a lot of more money, but it will all be inflation. If your making 60K today, don't be surprised if you will be earning 150K in 5 years. You will earn more, but your buying power will be the same or worse.
Quote me on this, the average family income will meet or surpass the 250K threshold in less than 10 years, and will still be struggling to get by.
Open your eyes people, this attack the rich taxation policy is a trick that will blanket us ALL!
America taxed the rich at 90% during the Eisenhower and 70% during JFK
We did not have a structural deficit and the economy was more healthy in both eras
This problem with deficits began in the 80's when the rates were slashed
around 35% - low and behold the rates are still round 35% and the deficits are not reversing.
Can you explain why the tax rich policy will not work again?
I never said not to tax the rich. My point is that creating a monetary ceiling where we would be considered wealthy is wrong because during with the natural course of inflation we will all eventually hit that ceiling. Taxes should be a flat percentage for everyone, no excuses. Taxing ingenuity and success is not correct. I would not like to be held back, would you?
Originally posted by roadgravel
This might be the reason the hacker wording was used
In an anonymous letter addressed to PricewaterhouseCoopers, an individual or group of individuals claims to have obtained the presidential candidate's unreleased tax returns from a PwC office in Tennessee. The letter claims these documents will be sent in encrypted form to "all major news outlets" and lays down a twisted challenge. Those who want to prevent the alleged tax returns from being decrypted must send $1 million worth of bitcoins to an address provided in the letter by Sept. 28. But if those who do want the purported tax returns to become readable send the same amount of money to a different Bitcoin address first, the blackmailer or blackmailers will release the encryption key anyway. "Who-ever [sic] is the winner does not matter to us," the letter says, chillingly.
Aside from the obvious crimes involved with obtaining these documents (if the letter's claims are genuine), the use of Bitcoin for extortion has legal implications that hold true even if the claims prove bogus.
www.americanbanker.com...
Originally posted by roadgravel
Here's the million dollars if someone can get these two together.
Hustler Magazine Publisher Offers $1 Million Reward For Romney Tax Returns
Originally posted by roadgravel
This might be the reason the hacker wording was used
In an anonymous letter addressed to PricewaterhouseCoopers, an individual or group of individuals claims to have obtained the presidential candidate's unreleased tax returns from a PwC office in Tennessee. The letter claims these documents will be sent in encrypted form to "all major news outlets" and lays down a twisted challenge. Those who want to prevent the alleged tax returns from being decrypted must send $1 million worth of bitcoins to an address provided in the letter by Sept. 28. But if those who do want the purported tax returns to become readable send the same amount of money to a different Bitcoin address first, the blackmailer or blackmailers will release the encryption key anyway. "Who-ever [sic] is the winner does not matter to us," the letter says, chillingly.
Aside from the obvious crimes involved with obtaining these documents (if the letter's claims are genuine), the use of Bitcoin for extortion has legal implications that hold true even if the claims prove bogus.
www.americanbanker.com...
Originally posted by knightrider078
If you guys have read the US Constitution and US Law It is NOT repeat NOT required for ANYONE running for president of the US to release ANY tax returns. This is a distraction because obama cant run on his record.edit on 8-9-2012 by knightrider078 because: (no reason given)
Originally posted by knightrider078
Like Bailing out GM so they can build a new plant in china and new car production in Mexico
Originally posted by knightrider078
If you guys have read the US Constitution and US Law It is NOT repeat NOT required for ANYONE running for president of the US to release ANY tax returns.
But isn't the Volt a real dud on the market? A company that makes a product that nobody wants can't stay in business for very long. Unless, of course, it's being done for political reasons and they don't have much choice.
Or maybe continue to produce the Volt, one of the most innovative and certainly interesting vehicles in the past decade.
Your argument is moot. If he had nothing to hide, he would have shown the tax papers already.
Originally posted by charles1952
reply to post by buddhasystem
I may be drifting off-topic a little, but your most recent two posts made me think.
But isn't the Volt a real dud on the market? A company that makes a product that nobody wants can't stay in business for very long. Unless, of course, it's being done for political reasons and they don't have much choice.
Or maybe continue to produce the Volt, one of the most innovative and certainly interesting vehicles in the past decade.
Originally posted by knightrider078
reply to post by buddhasystem
The Volt are you kidding they have to stop production AGAIN on the Volt. The Volt is a Disaster
Originally posted by knightrider078
The Secret Service wont even let the President drive one because its not safe
Actually, that's basically true. They won't let him drive anything, because of security risks. I believe they let him sit behind the wheel of a Volt while it moved about 10 feet, so that GM and the press could get pictures.
Originally posted by knightrider078
The Secret Service wont even let the President drive one because its not safe
I love Glenn Beck and his fans, no matter how nonsensical they sound.
Originally posted by charles1952
reply to post by buddhasystem
Actually, that's basically true. They won't let him drive anything, because of security risks.
Originally posted by knightrider078
The Secret Service wont even let the President drive one because its not safe
I love Glenn Beck and his fans, no matter how nonsensical they sound.