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Thread: Ron Paul is wrong on one major thing...tax rates for the top bracket must be increased.

  1. #1

    Ron Paul is wrong on one major thing...tax rates for the top bracket must be increased.

    That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

    The figures are here: http://ntu.org/tax-basics/history-of...ividual-1.html

    We need to increase the tax rate on the top bracket in order to end deficits.



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  3. #2
    Or decrease spending..why is that so hard to understand

  4. #3
    Quote Originally Posted by alongee View Post
    That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

    The figures are here: http://ntu.org/tax-basics/history-of...ividual-1.html

    We need to increase the tax rate on the top bracket in order to end deficits.
    You can still decrease deficits, build highways, and lower taxes at the same time if you simply reduced wasteful spending and forced the government to be more efficient.

    Its not as simple as do we lower or raise taxes. What needs to be done is for the president to learn some management skills and force our government to be more efficient.

  5. #4
    Why would you advocate theft? 66%?! what right do you have to their wealth? none.

  6. #5
    Quote Originally Posted by specsaregood View Post
    Why would you advocate theft? 66%?! what right do you have to their wealth? none.
    They're citizens, and are part of this country. If they don't like it, leave.

  7. #6
    Quote Originally Posted by alongee View Post
    Maybe the higher marginal tax rates led to higher revenue? What a concept.
    Maybe lower spending would lead to decreased deficits? What a concept.

  8. #7
    Quote Originally Posted by alongee View Post
    They're citizens, and are part of this country.
    And that makes theft ok?

  9. #8
    Quote Originally Posted by alongee View Post
    They're citizens, and are part of this country. If they don't like it, leave.
    But then what happens when you lose revenue? If you scare all the rich people away, that won't fix your budget, it will make it worse.



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  11. #9
    Technically what he's saying is right, we should decrease spending as the priority because taxation is theft, however it is equally immoral to spend at a deficit WITHOUT raising taxes because it shifts the burden on the next generation.

    Btw your "if you don't like it then leave" analogy is unsound, by that logic I can knock everyone's mailbox down in my neighborhood with a baseball bat and just say if they don't like it leave.
    Last edited by nano1895; 04-30-2012 at 08:52 PM.

  12. #10
    Quote Originally Posted by alongee View Post
    That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

    The figures are here: http://ntu.org/tax-basics/history-of...ividual-1.html

    We need to increase the tax rate on the top bracket in order to end deficits.
    How about for every dollar of tax increases you want, we stop bombing brown people and cut back here?


  13. #11
    Quote Originally Posted by Havax View Post
    How about for every dollar of tax increases you want, we stop bombing brown people and cut back here?

    That won't fix everything. You still have to increase taxes on the rich, or else the deficits won't go away.

  14. #12
    If 66% is good, then 88% is better, right? Why not 88%?

  15. #13
    Quote Originally Posted by alongee View Post
    That won't fix everything. You still have to increase taxes on the rich, or else the deficits won't go away.
    Instead of speaking in platitudes, why don't you tell me the amount of revenue you think raising tax levels on the "rich" to 66% would bring in? I guarantee you I can find an equal amount of spending cuts to compensate the difference. I live near DC and work with many people who are contractors to the government or work for the government. I absolutely guarantee you that you'd be sick to your stomach if you had any idea the amount of waste and worthless jobs/departments that are on the federal level.

    What's the amount of additional revenue you want? It's almost like a religious obsession with people wanting to tax the rich these days. Give me numbers, why 66%?

  16. #14
    Note alongee is a new member with 7 posts, I suggest he studies up a little more on the Liberty Movement and the role of government in a free society. He needs help with his studies.

  17. #15
    Quote Originally Posted by alongee View Post
    If they don't like it, leave.
    If only that was a way out. Problem is is the US is the only country in the world that still taxes its citizens living abroad.
    Red: the blood of angry men
    Black: the dark of ages past
    Red: a world about to dawn
    Black: the night that ends at last!


  18. #16
    Quote Originally Posted by Restore America Now View Post
    If only that was a way out. Problem is is the US is the only country in the world that still taxes its citizens living abroad.
    Give up your citizenship.



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  20. #17
    Quote Originally Posted by alongee View Post
    Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue?
    Why do you think the Great Northern Railway was able to be built by one private individual in the 1890's without Eminent Domain or government involvement? How was it able to survive the panic of 1893 when all the government-infested ones went into receivership?

    They built the highways because they could. There was demand for white flight and suburban sprawl that could not be met without government coercion. They didn't care about taxes because they knew they could work for 30 years and be taken care of for the rest of their lives. The system still worked; as they all do until either their funds get raided or costs get inflated into oblivion or (usually) both. Any social program is only as sustainable as there are funds to maintain it, and the Interstate Highway System is no exception. Eventually it will be privatized or it will crumble.

  21. #18
    Citizenship has nothing to do with it.

    If you are a human you deserve to be free. Having to pay the government because you get a pay check is enslavement. Enslavement because if you don't pay taxes, you go to jail and become enslaved. It really is that simple.

    Taxes do need to exist, but they should only be based on purchases or the spending of money by a persons own free will. Except for necessities to live such as food and other life sustaining items.

  22. #19
    You should read Atlas Shrugged and then come back here...
    "I am, therefore I'll think" - Ayn Rand

  23. #20
    Quote Originally Posted by alongee View Post
    That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's?
    Even if we made the top tax bracket taxable at 100%, it would not balance the budget. Then all the people in the top tax bracket would leave. Good luck with your theories.

  24. #21
    Quote Originally Posted by alongee View Post
    Give up your citizenship.
    alongee, Can you please address my question? How did you arrive at 66%? What amount of revenue in numbers are you looking for the government to confiscate each year?

  25. #22
    Also please watch this video. It's the most powerful video I've ever seen on the debt and taxes:

    Last edited by Havax; 04-30-2012 at 09:26 PM.

  26. #23

  27. #24
    Quote Originally Posted by alongee View Post
    They're citizens, and are part of this country. If they don't like it, leave.

    Have you ever tried to leave the country and denounce your citizenship? The bureaucratic loops you have to jump through make it extremely hard.



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  29. #25
    Quote Originally Posted by alongee View Post
    They're citizens, and are part of this country. If they don't like it, leave.

    If we don't like it, we'll change it.

    If you like living in a socialist state, there are several countries in Europe you're welcome to try.

  30. #26
    LOL - I thought this was another Fire11 thread.

    Color me surprised that anybody actually believes this.

  31. #27
    Read alongee comments reminds me how the government has us by the balls.

    Instead of him/her recognizing the immorality in taxes and understanding taxation is theft; he resorts to attacking his fellow citizens. Best way to keep a population under control is to have members attacked each other instead of the those in charge.

    He also forgets this country was founded because citizens revolted because of a 2% tax on tea.

    He also failed to realize that government cannot do anything the private sector can do better.

  32. #28
    Quote Originally Posted by KCIndy View Post
    If we don't like it, we'll change it.

    If you like living in a socialist state, there are several countries in Europe you're welcome to try.
    Meh, we're just as socialist, if not more.

    The only difference is they get fast trains, and museums and a minimal form of "health care".

    All we get for our trillions of dollars is war and a high tech surveillance grid.

    Joy.

  33. #29
    You are a whole lot more likely to eliminate the defect if you both cut spending and raise revenues, than if you try to do only one of those.

    And if you're not willing to do both, than you're really don't care about the debt that much anyway.
    If you wanted some sort of Ideological purity, you'll get none of that from me.

  34. #30
    Taxing the rich is not the solution. If you take everything from Bill Gates and distribute to each citizen, everyone would get around $100. And he would have to close his companies, thousands of jobs etc. If you want real money, tax the middle class.

    But the best solution is to just let people decide what they want to do with their money.

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