One of the biggest problems I have with OWS and the whole "wealth redistribution" thing is that it seems to vilify and thus call for the punishment of certain people based entirely on their income level. Doesn't matter how they got their wealth or what they do with it. They're automatically evil, so tax the bastards RRAAAARGH!
Which would make sense if everyone in the 1% was a cigar-smoking money-hoarding oil baron. But they're not. Oh, some are, there can be no doubt, and I would agree even a problematic amount, but that seems a poor reason to categorically penalize success and reduce the efficacy of those who actually use their money in ways that help the lower classes and the economy at large.
I'm wondering if an alternative solution might be to raise taxes and simultaneously introduce new deductions to give greater rewards for things like charity and investing in start-up companies--you know, the stuff that actually does "trickle down." The goal would be to leave the "good" wealthy people who are already doing these things largely unaffected while forcing the "bad" ones to either change their behavior or shell out for government programs that will attempt to do the job for them.
Anyway, just a thought. No idea if it would work or not, but it might get a good discussion going.
This is Obmama's plan....
Dems are willing. The ones who aren't are the Republicans, who want tax breaks, but no raising of revenues.
THIS has been the whole fight. And they say Obama won't compromise when they don't get 100% their way!
They got plenty.
Another round of Bushco's tax cuts just to continue Unemployment...
Stimulus watered down because they had to have tax cuts...
No talks whatsoever about a public-option so they could pass ACA....
It's time the R's start compromising...something they never did when they were in power 2000-2008.
And Obama has bent over backwards to do for them, IMO.
I actually haven't seen Obama as much of a compromiser, what with all the knee-jerk mandates and shoving questionable bills through Congress without letting anyone have a chance to read them and at the protest of the majority of the American people. I view him largely as a Dem version of Bush, charging on ahead with his own agenda, middle finger in the air for anyone who raises a complaint.
Certainly haven't heard much about a tax compromise, even less so from OWS. Actually, I've yet to hear a coherent demand from OWS. Except maybe for that Robin Hood Tax thing, which sounds like its primary effect would be to make investment inherently more risky and thus further stagnate the economy.
So--what's to talk about?
You're right/I'm wrong...same old song and dance!
I'm just reporting my perceptions. If I'm wrong feel free to point me to where Obama proposed new deductions or credits to be implemented in tandem with tax increases and/or repealing tax breaks, such that not all those above an arbitrary income level are not punished for the sins of the few.
He's proposing tax credits for companies hiring veterans, and for companies keeping jobs here in America.
He's proposed lowering corporate tax rates, in return for ridding some of the agregious loop-holes.
But what is the response?
"NO. We want all tax cuts, no reform. No raising revenue. No No No No No."
And if we don't even agree that Obama has compromised, there is nowhere to go!
And you better tell all those liberals that they're mad at Obama for nothing.
by nightwork4 13 years ago
should tax breaks be given only to companies that don't outsourse their jobs?why are companies that send jobs to other countries given tax breaks and how does these breaks help our economy if they do help at all.
by Dennis L. Page 12 years ago
Do tax breaks for the rich really create jobs?Nick Hanauer, a venture capitalist states consumers create jobs and not the wealthy. He claims the rich only hire if consumers are buying goods and products and that there are not enough wealthy to support our economy. He says, "If it were true...
by Bill Russo 13 years ago
Should we give tax breaks to start-up companies developing wind, water, or solar power?Should we increase tax advantages to homeowners who install wind, water or solar power?
by Brian 13 years ago
This may not be news to a whole lot of people, but, I am getting sick of this. Why isn't the Government doing anything about it, especially when they know that it is killing our economy? Not, to mention that we are fighting wars over it, only to have the countries we are "Aiding" are...
by Dennis L. Page 12 years ago
Where are the jobs?Should companies that outsource jobs receive tax breaks equal to the employers that keep jobs within a country's borders? If yes, why do you feel that philosophy is acceptable?
by oldandwise 12 years ago
When I voted for President Bush, I bought into that, hook, line, and sinker. Did it happen? If it did, I certainly didn't see it. Did the wealthier get richer? Every indication they did. Did the middle class fall? The answer to that, I'm sure is obvious with the recession. So I ask, anyone, to...
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |