House Budget Committee Chairman Paul Ryan (R., Wis.) told Fox News Sunday this morning that he’s frustrated with President Obama for stirring “class warfare” and pushing “rotten” economic policies. “Class warfare, Chris, may make for really good politics but it makes for rotten economics,” he said. “We don’t need a system that seeks to divide people. We don’t need a system that seeks to prey on people’s fear, envy and anxiety. We need a system that creates jobs and innovation, and removes the barriers for entrepreneurs to go out and rehire people.”
Commenting on the so-called “millionare’s tax,” Ryan voiced his opposition to Obama. “I’m afraid these kinds of tax increases don’t work,” he said. “Look, if you tax something more, Chris, you get less. If you tax job creators more, you get less job creation. If you tax investment more, you get less investment.”
Theres a graph called the laffer curve which shows that raising taxes will raise revenue, up until the point where there is no incentive to earn an income, then revenue goes down. Ryan is basically arguing that if we reduce taxes, the incentive to expand one's business will increase and we will gain additional income tax from the people they hire at their business. He believes that we are past the highest point on the curve right now.
What is the difference in discriminating against and punishing a group of citizens who have worked hard, saved and succeeded and discriminating against and punishing a group of citizens based upon their skin color?? Or gender? Or sexual orientation?
Democrats are fast to point out discrimination based upon race/sexual orientation/gender/ and on and on, yet the first in line to discriminate against the hard working, successful people in this country.
I really admire the way Congressman Ryan is able to clearly and concisely get to the heart of a matter in a way everyone can understand.
R's really need to follow this example when dealing with Democrat's demagoguery. Always point out how D policies are bad for the working class. Always underline how R policies result in more jobs and more good paying jobs.
What if they didn't work hard, save, and succeed? What if they inherited, worked light, or didn't save, but inherited, got lucky with the stock market, or "earned" it through legal but unethical means?
Oh, so now we are talking about class warfare. When someone starts talking about making those who have benefited the most from the US government pay in their fair share? Look at what has happened to the middle class since 1980, look at what has happened to household income growth for the richest Americans vs. everyone else over the last 30 years and tell me that is not class warfare!
Some argue that taxing the richest Americans kills the American dream, but it seems to me that tax and trade policies that favor the rich and favor globalization are really what is killing the American dream. Someone better rein in this greed and materialism or our country is doomed.
America needs to re-invent itself, it is not going to do this by massive budget cuts and by encouraging businesses to invest capital overseas. If anything we need to spend more money, but spend it in the right way to invest in our future (infrastructure, re-training the work force, improving public education, etc.) These issues aren't popular politically b/c they are not as polarizing, but aren't we polarized enough? The gap between red and blue is becoming so wide, it is like people are from 2 different planets.
How can a party (that espouses tax cuts for the wealthy and subsidies for big companies that don't need them) get anyone elected to office in a country primarily populated by the poor and working class? I think it is because people are afraid that their hard work and sacrifice will go unrewarded, or even worse, help to support lazy people who don't deserve it. I agree, this is very frustrating, but to let fear of this keep us from helping out our country and our fellow human beings is ludicrous and sinful.
Our country is failing, it needs our help. We are all going to have to chip in. I hate to be cliché, but we need to ask ourselves what we can do four our country, not the other way around. If this means that I am going to have to pay more in taxes, so be it. If it means that big companies are going to move overseas, let them. We are consumers to the world and the collective buying power of the American people fuels most of the greatest economies around the world. If these big multinational corporations choose to forget their roots and turn their back on the American people so that their stocks can trade at slightly higher prices and their board members can get juicer bonuses, screw ‘em. Let’s not do business with them (hard to pull off as they have such an influence on the government).
Let’s stop talking about class warfare and let’s start working together to make this country the bastion of hope and freedom that it should be to all its citizens and to all the citizens of the world. We are on the cusp, so to speak. I don’t know about you guys, but I can feel it, things are different this time. If we continue this partisan bickering and politicking and continue to neglect our future, it does not bode well for our collective future.
"Tax the wealthy" tests well with the American people - most seem to like the idea of someone else paying the bills being run up by the politicians they elected - so if the millionaire tax passes, Obama wins, and if it doesn't, Obama wins. It's disturbing how many of our fellow citizens have no clue they will suffer the consequences of raising taxes on the wealthy - but by the time they figure it out, it will be too late. There are some lessons people refuse to learn.
If the American people would stand together, career politicians wouldn't be able to turn us against one another for political gain and we wouldn't be in the place we are today. Unfortunately, too many of us are susceptible to the class warfare ploy and the politicians are using that fact to their advantage. Raising taxes so President Obama can keep spending is like giving heroin to an addict, but some will agree to anything that leaves Social Security untouched. It's a very dangerous trade off and we shouldn't be surprised when it all ends badly.
Every Republican should be hammering the point that all of Obama's tax increases in the "jobs bill" and Buffet's Bounty Tax were all tried when the Dems controlled both Houses.
They didn't pass then and they won't pass now.
They should also be saying the corporate jet tax was ADDED to the stimulus and the hedge fund manager protection was in the Dodd Frank monster.
I hate to laugh at 3 billion dollars but over 10 years - please don't insult me.
In this episode, two new names are brought in. “New Directions” is the Glee club, which is given the new name after Will takes over glee season 1.
Mom showed me the simple trick and told me she was a pillow pets.
“Look, if you tax something more, Chris, you get less. If you tax job creators more, you get less job creation. If you tax investment more, you get less investment.”
The difference in discrinimation is simple. You have a choice whether to be hard working or a bum. It is sort of hard to switch skin color or sex (despite "Chaz" Bono and Michael Jackson).
They increase the taxes on things they don't like to get less of it (think cigarettes or other "sin taxes"). So, in this White House, is being a millionaire (or 200-thousandaire) the new sin?
No, but the rich of our United States could pay their fare share!Which they are not doing!It's a shame what they get by with,and they say that they provide us all with small business jobs.Then why are so many out of work?
Class warfare is happening already. The fact that the rich get richer, the poor get poorer, the rich don't have to pay as much in taxes, the poor have to give up everything they have (working three jobs and barely scraping by)....THAT is class warfare. When one class has it easier, and the other classes know about it....it's already too late.
This tax isn't going to create anymore class warfare than what is already happening. I went to college and got myself an education....now I CANNOT get a job in my field so I've had to apply at places like Subway and McDonald's. My mother works 3 jobs and she can barely afford to live in a one bedroom apartment by herself with no pets. My mother and I are being put deeper and deeper into debt because of college loans we cannot pay off because I cannot get a job.
But, it's a good thing the rich keep getting richer, I keep getting poorer, my mom keeps getting poorer, my friends keep getting poorer........I don't even care if the rich get taxed or not anymore. I already hate this country and the way it works and nothing is going to fix that. I was told while I was in school that an education would by ticket to being ALLOWED to work hard to earn my way. I'm not allowed to work hard to earn my way, but I had classmates whose parents were rich...those classmates failed college and ARE STILL rich, they still drive cars, they still get to eat every day.....THEY don't have to worry about being allowed to work hard because they don't have to work at all.
I can't work even though I have an education because no one wants to hire me in this failing economy (especially not now that I haven't had a job in a few years because I COULDN'T GET ONE), but a bunch of failures who don't care if they're stupid for the rest of their lives can fall back on their piles of money for survival. Awesome. I love this country.
Don't bother taxing the rich unless it will actually fix something, but don't use the excuse *it will cause class warfare* to not do it. Rich people already look down on me because I don't have as much money as them. What did I ever do besides get an education and try to work hard while most of them sat on their asses and called me names?
So the lower the tax rate the higher the revenue? Why don't we lower rates to 1 percent and eliminate the deficit?
Reply to this commentLinkReport AbuseTheres a graph called the laffer curve which shows that raising taxes will raise revenue, up until the point where there is no incentive to earn an income, then revenue goes down. Ryan is basically arguing that if we reduce taxes, the incentive to expand one's business will increase and we will gain additional income tax from the people they hire at their business. He believes that we are past the highest point on the curve right now.
Just google laffer curve.
Reply to this commentLinkReport AbuseWhat is the difference in discriminating against and punishing a group of citizens who have worked hard, saved and succeeded and discriminating against and punishing a group of citizens based upon their skin color?? Or gender? Or sexual orientation?
Democrats are fast to point out discrimination based upon race/sexual orientation/gender/ and on and on, yet the first in line to discriminate against the hard working, successful people in this country.
Disgusting.
Reply to this commentLinkReport AbuseI assume this is a joke, but are you actually arguing that progressive taxation is akin to racial discrimination? Good luck with that one.
Reply to this commentLinkReport AbuseI really admire the way Congressman Ryan is able to clearly and concisely get to the heart of a matter in a way everyone can understand.
R's really need to follow this example when dealing with Democrat's demagoguery. Always point out how D policies are bad for the working class. Always underline how R policies result in more jobs and more good paying jobs.
Reply to this commentLinkReport AbuseIf only the world was that simple.
Reply to this commentLinkReport Abusetiredturtle,
What if they didn't work hard, save, and succeed? What if they inherited, worked light, or didn't save, but inherited, got lucky with the stock market, or "earned" it through legal but unethical means?
Would class warfare be okay then?
Reply to this commentLinkReport AbuseClass warfare is never justified.
Reply to this commentLinkReport AbuseOh, so now we are talking about class warfare. When someone starts talking about making those who have benefited the most from the US government pay in their fair share? Look at what has happened to the middle class since 1980, look at what has happened to household income growth for the richest Americans vs. everyone else over the last 30 years and tell me that is not class warfare!
Some argue that taxing the richest Americans kills the American dream, but it seems to me that tax and trade policies that favor the rich and favor globalization are really what is killing the American dream. Someone better rein in this greed and materialism or our country is doomed.
America needs to re-invent itself, it is not going to do this by massive budget cuts and by encouraging businesses to invest capital overseas. If anything we need to spend more money, but spend it in the right way to invest in our future (infrastructure, re-training the work force, improving public education, etc.) These issues aren't popular politically b/c they are not as polarizing, but aren't we polarized enough? The gap between red and blue is becoming so wide, it is like people are from 2 different planets.
How can a party (that espouses tax cuts for the wealthy and subsidies for big companies that don't need them) get anyone elected to office in a country primarily populated by the poor and working class? I think it is because people are afraid that their hard work and sacrifice will go unrewarded, or even worse, help to support lazy people who don't deserve it. I agree, this is very frustrating, but to let fear of this keep us from helping out our country and our fellow human beings is ludicrous and sinful.
Our country is failing, it needs our help. We are all going to have to chip in. I hate to be cliché, but we need to ask ourselves what we can do four our country, not the other way around. If this means that I am going to have to pay more in taxes, so be it. If it means that big companies are going to move overseas, let them. We are consumers to the world and the collective buying power of the American people fuels most of the greatest economies around the world. If these big multinational corporations choose to forget their roots and turn their back on the American people so that their stocks can trade at slightly higher prices and their board members can get juicer bonuses, screw ‘em. Let’s not do business with them (hard to pull off as they have such an influence on the government).
Let’s stop talking about class warfare and let’s start working together to make this country the bastion of hope and freedom that it should be to all its citizens and to all the citizens of the world. We are on the cusp, so to speak. I don’t know about you guys, but I can feel it, things are different this time. If we continue this partisan bickering and politicking and continue to neglect our future, it does not bode well for our collective future.
Reply to this commentLinkReport Abuse"Tax the wealthy" tests well with the American people - most seem to like the idea of someone else paying the bills being run up by the politicians they elected - so if the millionaire tax passes, Obama wins, and if it doesn't, Obama wins. It's disturbing how many of our fellow citizens have no clue they will suffer the consequences of raising taxes on the wealthy - but by the time they figure it out, it will be too late. There are some lessons people refuse to learn.
If the American people would stand together, career politicians wouldn't be able to turn us against one another for political gain and we wouldn't be in the place we are today. Unfortunately, too many of us are susceptible to the class warfare ploy and the politicians are using that fact to their advantage. Raising taxes so President Obama can keep spending is like giving heroin to an addict, but some will agree to anything that leaves Social Security untouched. It's a very dangerous trade off and we shouldn't be surprised when it all ends badly.
Reply to this commentLinkReport AbuseEvery Republican should be hammering the point that all of Obama's tax increases in the "jobs bill" and Buffet's Bounty Tax were all tried when the Dems controlled both Houses.
They didn't pass then and they won't pass now.
They should also be saying the corporate jet tax was ADDED to the stimulus and the hedge fund manager protection was in the Dodd Frank monster.
I hate to laugh at 3 billion dollars but over 10 years - please don't insult me.
Reply to this commentLinkReport AbuseYou may not be interested in class warfare, but class warfare is interested in you.
Reply to this commentLinkReport AbuseConcerning this whole class warfare thingy, all we are saying is give peace a chance?
Sometimes liberals need to be reminded that they are not war mongers.
Reply to this commentLinkReport AbuseIn this episode, two new names are brought in. “New Directions” is the Glee club, which is given the new name after Will takes over glee season 1.
Reply to this commentLinkReport AbuseMom showed me the simple trick and told me she was a pillow pets.
“Look, if you tax something more, Chris, you get less. If you tax job creators more, you get less job creation. If you tax investment more, you get less investment.”
So simple. How can this be so misunderstood?
Reply to this commentLinkReport AbuseThe difference in discrinimation is simple. You have a choice whether to be hard working or a bum. It is sort of hard to switch skin color or sex (despite "Chaz" Bono and Michael Jackson).
They increase the taxes on things they don't like to get less of it (think cigarettes or other "sin taxes"). So, in this White House, is being a millionaire (or 200-thousandaire) the new sin?
Reply to this commentLinkReport AbuseNo, but the rich of our United States could pay their fare share!Which they are not doing!It's a shame what they get by with,and they say that they provide us all with small business jobs.Then why are so many out of work?
Reply to this commentLinkReport AbuseClass warfare is happening already. The fact that the rich get richer, the poor get poorer, the rich don't have to pay as much in taxes, the poor have to give up everything they have (working three jobs and barely scraping by)....THAT is class warfare. When one class has it easier, and the other classes know about it....it's already too late.
This tax isn't going to create anymore class warfare than what is already happening. I went to college and got myself an education....now I CANNOT get a job in my field so I've had to apply at places like Subway and McDonald's. My mother works 3 jobs and she can barely afford to live in a one bedroom apartment by herself with no pets. My mother and I are being put deeper and deeper into debt because of college loans we cannot pay off because I cannot get a job.
But, it's a good thing the rich keep getting richer, I keep getting poorer, my mom keeps getting poorer, my friends keep getting poorer........I don't even care if the rich get taxed or not anymore. I already hate this country and the way it works and nothing is going to fix that. I was told while I was in school that an education would by ticket to being ALLOWED to work hard to earn my way. I'm not allowed to work hard to earn my way, but I had classmates whose parents were rich...those classmates failed college and ARE STILL rich, they still drive cars, they still get to eat every day.....THEY don't have to worry about being allowed to work hard because they don't have to work at all.
I can't work even though I have an education because no one wants to hire me in this failing economy (especially not now that I haven't had a job in a few years because I COULDN'T GET ONE), but a bunch of failures who don't care if they're stupid for the rest of their lives can fall back on their piles of money for survival. Awesome. I love this country.
Don't bother taxing the rich unless it will actually fix something, but don't use the excuse *it will cause class warfare* to not do it. Rich people already look down on me because I don't have as much money as them. What did I ever do besides get an education and try to work hard while most of them sat on their asses and called me names?
Reply to this commentLinkReport Abuse