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That's right and Circuit City priced themselves out of business too. I stopped buying there a couple of years ago. Their prices are ridiculous. Their half way decent prices are internet only why even go in the stores? I suppose since I scrimp and save and buy off of Ebay we will be bailing them out too. It is absolute insanity. If we can sacrifice then the big corps can too. It is BS.

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yeah but if they worked really hard for it, dont they deserve to charge more...havent they "earned" a place in being rich through "hard" work?

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Corporations simply pass their taxes to the consumer. They pay nothing.

I object to a tax on a tax, quite common, and hidden in many cases.

I also hate fees that are tacked on, that are really, just another tax.

I'm ready do dump tea in the harbor..

My two-cents worth on this subject and out of fear of stating the obvious - If the current PROGRESSIVE tax system were to be chunked then spending would have to be seriously curtailed and even reduced depending on the inflation index and no further growth in government (entitlement) programs would happen. The politicians of either party will want nothing to do with either one so it's not likely to ever happen. Continued tax growth is what keeps them getting reelected and in power.

Also the only other way they could continue growing government would be to abolish all immigration laws and throw the doors wide open to the world to come and help pay the tax burden.

For about 28 years the middle class has carried more than their share of the tax burden. While the wealthy and big business have enjoyed a top heavy economy, with fewer regulations and controls in place. They have also sent many middle class jobs overseas to slow the growth of American wages. We have given every advantage to the top and I have zero pity for people that has made such a mess.

I know everything seems bad now but I believe it will feel really bad before it get better. Don't mine me, just helplessly frustrated.

Im Dumbdrums, and I approved this message

paid for by Dumbdrums for Mod.......

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You cannot squeeze blood out of a turnip.They think they can throw more money and more money to solve a problem. I have news for them the average worker is broke nobody that supports them has any money WE ARE BROKE!!!!We are hungry We are Pissed.More money and more regulations. That is their solutions That and greed is what caused this mess.

Their guidance or leadership will not fix it. It will take common sense supply and demand and find the real money again Barter....

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You're not alone man. You have a lot of comapny.

Ollie....I love you man......

Ron I was talking to a driller sat night at karaoke. He says we have enough for 100 years but the greenies and environmentalists have them shut down.

I will give you a typical example. They think they know nature and can regulate it. They ruined the logging industry years ago.

Result you dont screw with mother nature I see this and cry.. 4 million acres in one year..

There are naturl laws and spiritual laws that govern. Study the ways and religions of the American indian. A child asked an elder "How can we fix this mother earth" The elder who happened to be a woman smiled and said "Fix thyself mother nature will take care those things and you" I could not put it any better than that.

The same goes for free enterprise and capitalism. Leave the socialist controls out of it and it will thrive. It did for 100 years until they started collecting taxes which have iincreased to the max We have no more.... Get the hell out of my way I'm going to work if I have to walk. Probably have to swim the river because they cant even maintain bridges.. I cant believe how blinded everybody is.

Get off the chemical food and sit under a tree for 30 minutes a day. That tree will start telling you the truth and the laws that govern. Think I'm nuts? I know they are.

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Ok, I'll bite.

Something I found online, is quite interesting.

2006 U.S. Federal Tax revenues (latest data available)

Total tax bill = $1,024 Billion (1.024 Trillion)

Top 1% income earners = Total tax bill of $408 Billion / 40% of the total bill.
Top 5% income earners = Total tax bill of $616 Billion / 60% of the total bill.
Top 10% income earners = Total tax bill of $725 Billion / 72% of the total bill.
Top 25% income earners = Total tax bill of $883 Billion / 86% of the total bill.
Top 50% income earners = Total tax bill of $993 Billion / 97% of the total tax bill.
Bottom 50% income earners = Total tax bill of $31 Billion / 3% of the total tax bill.

http://www.taxfoundation.org/news/show/250.html

I believe that those who are in the top income levels, are paying more than their fair share of taxes.

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"You cannot help men permanently by doing for them what they could and should do for themselves."
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Well let's take those people who have inherited their family farms and businesses. You think they sit around all day and do nothing? Well if they do, it's a great way to see the business collapse. We have three families here who are worth billions. You know what the sons did for years before getting the top jobs? All the crappy ones, to learn the business from the ground up. I bet if you check with similar family businesses they do the same thing.

You can charge whatever you like for your products, but will the public pay an inflated price for inferior products.

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Warren Buffett, the third-richest man in the world, has criticised the US tax system for allowing him to pay a lower rate than his secretary and his cleaner.


http://www.timesonline.co.uk/tol/money/ ... 996735.ece

Because they are paying taxes on minimum wage...

All this proves to me is the middle class is footing most of the bill and the middle class is shrinking therefore taxable income is shrinking. To hell with the stock market when the middle class is hurting everybody else does Im not an economist but I'm not dumb and dont buy their lies either.

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why even bother...the man from Canada knows more about America than we Americans do..oh, woe is us...i wish we had our (@$%&#!) together like those hard working Canadians....

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and what about the hired hands that might have worked harder than Junior did? Please dont tell me about our farmers. They ALL work hard and most fail. could be we trade too much with other countries...hint hint...

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Poor people tend to stay poor and rich people tend to stay rich... are there exceptions? Of course! It's impossible to make a general sweeping statement because everyone has a different story, but to say that poor people in general are lazy is just wrong, plus, there are a lot more poor people than rich people. It behooves society to provide a safety net that benefits the poor so that anarchy doesn't break out. Undoubtedly the rich are always going to have more choices than the poor no matter what.

Plus, I don't want to see homeless and hungry people suffer in the richest nation on the planet. It simply doesn't make sense. And, it's not fair that poor people, in general, don't have a chance to break out of the rut. I'm not saying they need a hand-out--just a way out. Our prisons are overflowing, gangs are causing us to fear walking down certain streets in our communities. If we can take care of the least among us it benefits all of us in one way or another.

Or, we can just say "Tough luck, life is not fair, let the chips fall where they may" and see how that goes.

I'm not even going to pretend to know what the answer is, but a flat tax at a time when our economy is going down the toilet seems a little unrealistic. Especially in this age of bottomless bailouts, high unemployment, increasing foreclosures, a war...etc.

I feel like jayvan... helplessly frustrated.

Dumbdrums, it doesn't take a rocket scientist to know if you lend people more money than they can afford that economic chaos will ensue. A wise man tends to learn about more than his immediate surroundings. Your economy is similar to yours (Capitalism - what a dirty word) and we both have democracies, though different in form.

Our banks are stronger therefore have been hit much more lightly than other world banks.

Dumbdrums, I hope you realize the vast majority of big corporations started as a one person or family business, Ford, Gillette, MCDonald's, KFC, Wendy's, Coca-Cola, Wal-Mart, etc. Further, I doubt that if you were a millionaire, that you would kick your kids out at 18 and say "Now make it on your own, nothing from me".

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although your point is accurate in its value,
something seemed kind of weird about your statement and ive been staring at this chart for awhile now...ok lets take a flat tax...
10% of someone making 10000 = 1000 dollars
10% of someone making 1000000 dollars = 100000 dollars
total taxes collected= 101000 dollars, higher earner is paying well over 90% of the total BUT has given the same percentage of his earnings. So when you say that they have paid more than their share, that is not entirely true..they have paid more than the lower income earner, but lets be honest, do you really think someone who is making 900,000k per year has a lot more to complain about than the guy tryin to live on 9,000. Tell you what, give me a 100,000k job a year and i would gladly be willing to give at least 35% back, because i would be greatful that i can still support a family comfortably.

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where in the world did you get that i would cut my kid off from inheriting a family business. Ill tell you this, if one of my workers worked harder than my son, i certainly would reward him greater..do you think if my son was a crack head, i would turn the keys over to him just because he is my son. You are totally dancing around the point. Hard work does not guarantee success. It might guarantee pride, but success no. Tell that to all the migrant workers that work all day for 50 bucks. Where is their reward? You are saying that the rich are worthy to hoard their money from the poor because they work harder. How hard do you think the golden parachute guys work versus all the guys underneath them that truly run the company. You are the classic selfish human being that wants to say whats mine is mine and the rest of you all can go to hell. I happen to like to share what i can with whoever needs it. that wonderful stimulous package has already been wasted and all your "hard working" fat cats are livin it up again. How can you defend those guys.
I think your only presence in these forums is to thumb your nose at the stupid lazy americans.


how ironic, those are all American companies who make their fortunes off the lower class...

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