Muscatine

400 families, $400 billion

Posted in: Muscatine
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  • mallory
  • Respected Neighbor
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"They're now worth $1.27 trillion"

(If true)

Where do you suppose that 1.27 trillion resides?  In what form?

If taken from the present owners and distributed equally between each citizen in the U.S., each of us would get about $1000.

How would you feel about that?  I mean, getting $1000 free (that belongs to someone else)?


I don't expect to divide it up.   But they could pay a little more for the upkeep around here and contribute a little more to the government that makes it possible for them to become wealthy.   Support the troops.

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  • gta1
  • Neighbor
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Federal Income Tax Brackets For 2010 – Based On Taxable Income Ranges

Tax Rate
Married Couples Filing Jointly
Most Single Filers
10% Not over $16,750 Not over $8,375
15% $16,750 – $68,000 $8,375 – $34,000
25% $68,000 – $137,300 $34,000 – $82,400
28% $137,300 – $209,250 $82,400 – $171,850
33% $209,250 – $373,650 $171,850 – $373,650
35% Over $373,650 Over $373,650

 

mallory according to this chart that they are paying or contributing more.....

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  • hiroad
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  • The Hilltop
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"...pay a little more for the upkeep around here and contribute a little more to the government that makes it possible for them to become wealthy."

 

Typical lib. statement, showing ignorance of our system and no understanding of our founding principles in this country nor of how things work.  People accumulate wealth in spite of government, not because of it (unless they have government contract business).  It's not the government that ALLOWS us to do business.  Its the government that prevents us from doing business.  If you are referring to the legitimate responsibilities of the central government (military protection of its citizens, and certain infrastructure obligations) we all agree that we should pay taxes to support those obligations.  But the idea that some should pay a higher rate to support those obligations is something not intended by our founding fathers.  And the assumption that the government "makes it possible" for us to do business is not only counter to our constitution and ideals, but is also ludicrous.  By the way, I'm not one of those making over $250,000 per year.  I'm just a citizen that knows right from wrong.

"They're now worth $1.27 trillion"

(If true)

Where do you suppose that 1.27 trillion resides?  In what form?

If taken from the present owners and distributed equally between each citizen in the U.S., each of us would get about $1000.

How would you feel about that?  I mean, getting $1000 free (that belongs to someone else)?


I don't expect to divide it up.   But they could pay a little more for the upkeep around here and contribute a little more to the government that makes it possible for them to become wealthy.   Support the troops.


This last statement is directly opposed to the last page when you said that kerry was paying sales tax to mass even tho he doesn't have to and that RI has lower taxes to attract richer folks. So now the richest 400 should pay even MORE of their EARNED money to the govt that only spends taxpayers money and as recently displayed, often spends that money contrary to those taxpayers wishes (bailouts, healthcare).

So, let me figure out what you are saying - that it is ok for kerry to evade paying sales taxes to the state in which he resides, represents the citizens/taxpayers, because  - because why? Yet the richest 400 should be willing to pony up their money to an entity that has tried it's darnedest to regulate how much money they can earn and this same entity has chosen to ignore massive wrongdoings by its own - fannie & freddie.

How do you make all of this ok in your brain?

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