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The Election Result Meltdown Thread

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  • #211
    Originally posted by SoonerCoug View Post
    CardiacCoug: Modern day champion of trickle down economics.

    Like I said, all Romney had to do is say that his tax rate was way too low and that he was going to increase the rate.

    Romney doesn't believe his rate was too low. Romney took his deductions--just enough to make his rate 14%, even when it could have ben lower. The average American saw through this bull shit, and that is why Romney lost. The proof was in his own life. It's not that Romney was successul. It's that Romney doesn't see something wrong with him paying 14% and the middle class paying 30%.
    Who the hell in the middle class is paying 30%?

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    • #212
      Originally posted by Omaha 680 View Post
      Who the hell in the middle class is paying 30%?
      My wife and I paid about that much. I view it as a privilege--kind of like how you people view tithing.
      That which may be asserted without evidence may be dismissed without evidence. -C. Hitchens

      http://twitter.com/SoonerCoug

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      • #213
        Originally posted by SoonerCoug View Post
        My wife and I paid about that much. I view it as a privilege--kind of like how you people view tithing.
        30% effective rate? You are not middle class.

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        • #214
          Originally posted by SoonerCoug View Post
          I have a friend who earns about 750K per year and pays about 200K per year taxes. He loves to whine about how awful it is that he has to pay that much in taxes. I like to remind him that 750K - 200K = 550K.

          People who earn a lot of money never like to admit that they might not be any more deserving of it than people who learn 10 times less.
          Originally posted by New Mexican Disaster View Post
          No one determines it and that is the point. Being wealthy and succesful does not mean that you "deserved" it more or less, in that to have achieved that status a person did not necessarily have worked harder or been more virtuous than another who is not as wealthy.
          This is really a stupid argument. Everybody deserves what they earn. By definition.
          "There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
          "It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
          "Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster

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          • #215
            Originally posted by SoonerCoug View Post
            My wife and I paid about that much. I view it as a privilege--kind of like how you people view tithing.
            Anyone who pays that rate is getting screwed big time. Hire yourself a CPA and find a way to shelter some of that. You know 99% of your friends are doing just that.
            "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

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            • #216
              Originally posted by Omaha 680 View Post
              30% effective rate? You are not middle class.
              OK. It was about 20%. My mistake. This shows you how much I pay attention to my personal finances. I don't care about how much I make or pay. I don't take my deductions other than the standard deduction.
              That which may be asserted without evidence may be dismissed without evidence. -C. Hitchens

              http://twitter.com/SoonerCoug

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              • #217
                Originally posted by Omaha 680 View Post
                30% effective rate? You are not middle class.
                Maybe he's Buffett's secretary....
                "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

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                • #218
                  Originally posted by Omaha 680 View Post
                  Who the hell in the middle class is paying 30%?
                  Yup. Also, lots of people compare their marginal rate to Romney's effective rate.
                  "What are you prepared to do?" - Jimmy Malone

                  "What choice?" - Abe Petrovsky

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                  • #219
                    Originally posted by Moliere View Post
                    Anyone who pays that rate is getting screwed big time. Hire yourself a CPA and find a way to shelter some of that. You know 99% of your friends are doing just that.
                    Perhaps he would rather pay 30% and let the government decide where it should go. Others prefer to pay less in taxes and give to charities they think will distribute the funds as they see fit. Just a difference in philosophy.

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                    • #220
                      Originally posted by Jeff Lebowski View Post
                      This is really a stupid argument. Everybody deserves what they earn. By definition.
                      No, you are making the stupid argument. Are you kidding me? Do poor people deserve to be poor? Do the unemployed deserve to be unemployed? Do the disabled deserve to be disabled?

                      Things happen in life. Sometimes people win the lottery. It's not because they deserved it. Sometimes people get paralyzed or disabled by a horrible disease and cannot work. And sometimes people are born into a crack house and despite everything they do, they can't get a decent education or job.

                      Of course the wealthy think they deserve it. I'm arguing that they give themselves way too much credit.

                      I was born into a family full of doctors, professors, and opportunities for education. We had plenty of money. We had good discipline at home. I don't give myself credit for that.
                      Last edited by SoonerCoug; 11-07-2012, 06:34 PM.
                      That which may be asserted without evidence may be dismissed without evidence. -C. Hitchens

                      http://twitter.com/SoonerCoug

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                      • #221
                        Originally posted by Jeff Lebowski View Post
                        This is really a stupid argument. Everybody deserves what they earn. By definition.
                        This is the efficient market hypothesis taken to an extreme.

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                        • #222
                          Disabled =/= poor or unemployed
                          Will donate kidney for B12 membership.

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                          • #223
                            Originally posted by The_Douger View Post
                            Disabled =/= poor or unemployed
                            You're right. I'm sure there are disabled people who win the lottery. You are missing the point.
                            That which may be asserted without evidence may be dismissed without evidence. -C. Hitchens

                            http://twitter.com/SoonerCoug

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                            • #224
                              Originally posted by SoonerCoug View Post
                              OK. It was about 20%. My mistake. This shows you how much I pay attention to my personal finances. I don't care about how much I make or pay. I don't take my deductions other than the standard deduction.
                              You know what an effective rate is right? If you pay a 20% effective rate you likely make several hundred thousand dollars a year. Again, not middle class.

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                              • #225
                                Originally posted by Omaha 680 View Post
                                You know what an effective rate is right? If you pay a 20% effective rate you likely make several hundred thousand dollars a year. Again, not middle class.
                                I don't pay much attention to my taxes. I'm not interested in preventing my money from going to our government. I don't take any deductions other than the standard deduction. I don't even deduct my tithing. And I have no children. No dependents. I'm pretty sure my rate is higher than average for my income.
                                That which may be asserted without evidence may be dismissed without evidence. -C. Hitchens

                                http://twitter.com/SoonerCoug

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