Debt Ceiling Debate - Johnson City, TN

taxes for all

"Rich" people own businesses, those businesses employ people, those people save money and start there own businesses, that employ more people, and so on and so on... If you tax the crap out of "rich" people, they are going to shut down, or move out of state, or even out of the country. Then nobody has businesses, or jobs, or money, and there is no one left to tax.

Not only that, but would you rather have 10 $100 bills (from the rich people) or a million one dollar bills (from everyone.) A 10 year old can understand basic economics, and balance a checkbook. Why can't collage educated adults?!

YES!! The top 5% control the spending and while they get richer, the hard working people are geting poorer!?Failing corp's paid BILLION$ to CEO's that caused the failures!!

Reinstate the Bush tax cuts for the rich. We had a budget surplus when he came to office, then the Republican Congress passed the tax cuts and we engaged in two wars (all paid for with borrowed money). The rich have had the benefits of the tax cuts for 10 years........WHERE ARE THE JOBS????(China, India, Vietnam, ANYPLACE BUT THE USA.

We have fought two wars on borrowed money; only our military men and women and their families have sacrificed...... NOW, IT'S TIME TO PAY THE PIPER. When will people stop buying into the big business lie that "TAX CUTS = JOBS" (Not so in the USA).

The rich have been able to buy enough politicians to do their bidding, while the working man continues to get the shaft. I say, end corporate welfare; tax breaks for the rich; outlaw corporation financing of political campaigns and institute public financing for viable candidates with a spending cap; scrap our crappy healthcare system (if you can pay, you can play) and institute national health insurance (our illnesses should not got to multimillion dollar salaries and bonuses to healthcare and insurance executives.... it should go to pay of our healthcare). I could go on, but it seems no one is listening, people can only hear the bombast of O'Reilly, Laimbrain (I meant Limbaugh), Coulter, Paul, Bachman, Palin, and the idiot list goes on.

The majority of rich people are born rich, and it's been that way for ages now. Tax the HELL out of them.

Working Class and the poor is taxed enuff. Give us a break they can afford to pay more.

Nick wrote:

"Rich" people own businesses, those businesses employ people, those people save money and start there own businesses, that employ more people, and so on and so on... If you tax the crap out of "rich" people, they are going to shut down, or move out of state, or even out of the country. Then nobody has businesses, or jobs, or money, and there is no one left to tax.
Not only that, but would you rather have 10 $100 bills (from the rich people) or a million one dollar bills (from everyone.) A 10 year old can understand basic economics, and balance a checkbook. Why can't collage educated adults?!

These "rich" people you refer to are corporate ass sitters exporting work to other countries and eliminating jobs, not providing them. They have no qualms with where the bucks come from, even if it is from a third world country with workers falling over dead from poverty while our citizens are doing the same from lack of work. Well, they do provide a few jobs, somebody has to resell the product back in the country via WalMart, so they hire a few at minimum wage. This nation has become a nation of importing/ reselling multi billionaires playing a dangerous game that uses money for power. A 20% tax contribution to the general public is devastating. A 50% tax to the super rich is just an annoyance and would have little affect on business. They will find a way to make more in spite of whether they need it or not. Seriously, too much money for them leads to corruption. US corporations are no longer that, they are worldwide companies, conglomerations, with no loyalty to borders. You may say I have no sense of economics, but common sense should come into play here.

Archer wrote:

Reinstate the Bush tax cuts for the rich. We had a budget surplus when he came to office, then the Republican Congress passed the tax cuts and we engaged in two wars (all paid for with borrowed money). The rich have had the benefits of the tax cuts for 10 years........WHERE ARE THE JOBS????(China, India, Vietnam, ANYPLACE BUT THE USA.
We have fought two wars on borrowed money; only our military men and women and their families have sacrificed...... NOW, IT'S TIME TO PAY THE PIPER. When will people stop buying into the big business lie that "TAX CUTS = JOBS" (Not so in the USA).
The rich have been able to buy enough politicians to do their bidding, while the working man continues to get the shaft. I say, end corporate welfare; tax breaks for the rich; outlaw corporation financing of political campaigns and institute public financing for viable candidates with a spending cap; scrap our crappy healthcare system (if you can pay, you can play) and institute national health insurance (our illnesses should not got to multimillion dollar salaries and bonuses to healthcare and insurance executives.... it should go to pay of our healthcare). I could go on, but it seems no one is listening, people can only hear the bombast of O'Reilly, Laimbrain (I meant Limbaugh), Coulter, Paul, Bachman, Palin, and the idiot list goes on.

You said it all, and you said it well! I agree completely.

Nick wrote:

"Rich" people own businesses, those businesses employ people, those people save money and start there own businesses, that employ more people, and so on and so on... If you tax the crap out of "rich" people, they are going to shut down, or move out of state, or even out of the country. Then nobody has businesses, or jobs, or money, and there is no one left to tax.
Not only that, but would you rather have 10 $100 bills (from the rich people) or a million one dollar bills (from everyone.) A 10 year old can understand basic economics, and balance a checkbook. Why can't collage educated adults?!

"Rich" people use business capital to employ people, not money out of their pocket except to their gardener/butler/assistant etc. Top executives, for instance, lets say Wal-Mart do not spend their own money to hire people at Wal-Mart. They would, at MOST, spend 5% of their net worth hiring people for their personal needs, then find some tax loophole to write them off as a business expense.

Oh, and P.S., most of the richest American's don't own companies, the investors do, they're just hired to manage it.

Whatever happened to the Fair Tax. Maybe it needs to be explored?

So the rich employ people, who then start their own business and employ people and it keeps going eh? Horseshit!! If that were so then we'd all be the boss and no one would be left to work.

Here's the problem - GREED plain and simple.

Lets look at Exxon just as an example. They made a 64 BILLION dollar profit in just one quarter, that's 3 months. Now, profit means that's what was left over after all the bills and salaries were paid so that was 64 BILLION dollars that pretty much goes to the investors who do nothing but sit on their ass and let their money do their work while at the bottom of the ladder the guy who gets up at 5am every day and works 10 hours that is the backbone of the company and actually does the work gets pretty much nothing in comparison. Well you know what I say, FCK the investors, they're as bad as fraudulent welfare recipients draining the life blood from those who break their backs every day who REALLY keep this country going. If they were real Americans like those who came before them they would realize that by doing what they do to such an extreme they are hurting the country as a whole. Why not be content with a 30 billion dollar profit and keep fuel costs down right now and maybe give a few raises to the guys at the bottom of the ladder who really need it most while the place you live and pledge allegiance to is struggling so badly.
That's right I'm suggesting that just because our capitalistic system allows you to make as much as you want, why not self impose a little restraint to help this place get back on track instead of sucking it dry and moving over seas because you simply have to have that new Ferrari or 8th house in Hawaii while the guy bustin his ass to get you those things can barely afford his trailer and 20 year old truck. Or better yet, all those big corporations go a year with no profit, keep enough to get all the corporate bills and salaries paid and anything above that gets pooled and is used solely to pay down the nation debt. Is that so much to ask? 1 year of tightening your corporate belt and showing some patriotism and loyalty to help the country that you owe everything to and wouldn't have a pot to piss in without rebound to something close to an almost none existent debt, then we can all work together to learn from our mistakes and rebuild our once great and prosperous land.

Our government has so complicated the basic idea of you work you earn that all these Wall St. idiots have to do is shift paper around, take a hefty profit, and really do nothing at all except make things harder for the real working people. Forget about republican or democrat remember it was all of them and big corporation's greed and love of money and power over doing what was best for our country as a whole that put us all in the situation we're in now, it wasn't the people who actually work and try to earn a living.

Call me crazy but if someone risks money and happens to make money why should they pay more taxes, makes no sense. Our system is broke and needs to be fixed,all people should have to pay taxes. What is wrong with our system today is not the rich and is not the people who get up everyday and go to work and provide for their family it is the people who make a living off the tax payers. I know everyone that reads this knows people that do this, if we could remove the fraud out of the welfare system we would be a better nation. I have a budget that I must follow and so should local,state and national gov't period.

Getalife wrote:

Call me crazy but if someone risks money and happens to make money why should they pay more taxes, makes no sense. Our system is broke and needs to be fixed,all people should have to pay taxes. What is wrong with our system today is not the rich and is not the people who get up everyday and go to work and provide for their family it is the people who make a living off the tax payers. I know everyone that reads this knows people that do this, if we could remove the fraud out of the welfare system we would be a better nation. I have a budget that I must follow and so should local,state and national gov't period.

I will tell you what is wrong; investors gambling in our system. 1st of all it isn't work, it is gambling, most of the time knowing what the dealer has up his sleeve. To invest you simply have to have enough money to throw around in the first place. Do you enjoy having your livelihood determined by crooked gamblers? Kills me to hear those stories of some old couple who invested their life savings of half a million dollars and got took to the cleaners. Damn greedy folk should have been able to live a good life off of it in the first place instead of pushing for more. I know a lot of people sponge off the government, not so much the welfare receipients, but the investors, politicians and corporations. Sure, every able bodied person should pay taxes, but according to the extent of how damaging it is to their yearly income. Would it kill a billionaire to let go of half of their income? Money is actually not an object to the rich. He or she would still be filthy rich. Face it, the rich are the actual welfare grabbers. Does 20% of the average worker's payment compare? Hell no! It is impossible for the government to follow a budget, since they are in the pocket of big business.

If I was a billionaire, which i am not it would be due to risk and reward, and why should I give half of it away to federal gov't. If I was a billioniare it should be my choice on how I spend my money. Most billionaires already give a big portion of thier money to charity, because they do get tax deductions, without these donations to some very good organizations they would go unfunded, which would mean they would not be able to help the people they are intended. I would much rather choose where my money goes to help people rather than depend on our govt to choose where it goes.I know I pay to much damn taxes and it pisses me off when I see people cheating the system. Taxing the rich just because they are rich is not the answer, the answer is we should all pay taxes, but the people that cry wolf does not give one penny to charity, while the rich give millions, so while it does not go to the govt they do give back to society.

Ya know I like that idea of corporations giving up all their billions and billions of profits for a year or maybe two to help payoff this country's debt that they helped make. It's better to strap them for a year or two then to unload the debt on the next who knows how many generations, they'll have enough of their own financial issues to deal with we don't need to leave them ours too.

The "rich" already pay the biggest portion of federal income tax. Stop the darn spending is the answer. However I am very interested in a flat tax for everyone.

the debt ceiling should not be raised ,tighten your belt gov just like the people do ,get by with what you got. tax the rich and tax yourself right out of a job,odumbo has already proven that fact,make the person with the ability to hire nervous ...even a dumbocrat should be ab;le to figure it out

Who ever wins the next election, does it matter? Does anybody really think either side cares about the little people?