Elizabeth Warren on Fair Taxation

"There is nobody in this country who got rich on his own. Nobody. You built a factory out there - good for you. But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory... Now look. You built a factory and it turned into something terrific or a great idea - God Bless! Keep a Big Hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along." - Elizabeth Warren

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  News & Politics

[101orson101]

THIS is the Mz Warren utopian dream machine. After all? She does seem to like CHINA and CUBA slightly more than the average bear? I for one do not believe AMERICA sucks. However? I do believe that the current crop of geniuses we have running the place DO SUCK. EXCEEDINGLY! of which Lizzi Borden Warren has proudly become a charter card carrying member.

So in case you missed it? I AM calling Lizzie a socialist communist managed hand puppet.

BTW? SMILE! Your on candid PRISM?

[101orson101]

So one has to wonder? Once they have bled the evil rich pricks dry? WHO COMES NEXT?

The UPPER middle class since THEY have now become the evil rich pricks.

THEN the middle class since THEY come next.

AND THEN WHO???

NO BODY! Since by then we will all be working for the STATE and there won't be any such thing as paychecks anymore. The STATE will own everything and can tell you to go kill yourself if you don't like it. AND they might even be willing to help you do it.

the USA becomes the USSA

[101orson101]

You are right of course L. The social contract is a construction of dubious integrity. It reminds me of the, "First they came for the(fill in the blank) holocaust scenario. The rot evil in this one is? First they came for the evil rich pricks. And I did nothing because it suited my purposes. AND the Margret Thatcher quote:

"The problem with socialism is that eventually you run out of other people's money [to spend]." or "Eventually, Socialists run out of other peoples' money [to spend]."

[Lumara]

The "social contract" she refers to is an imaginary concept invented to make it appear that those who produce owe something to those who don't. It supports the belief that those who produce nothing and don't work are entitled to what others have earned. If the productive individual has no right to keep what he or she has earned, why should others have the right to something they haven't earned? Why not call it the theft that it is?

[101orson101]

It lends credence to the old axiom. The worse thing about socialism is that sooner or later you run out of OTHER PEOPLES MONEY. Yet Lizzie Borden Warren seems to be completely oblivious to this fact? SHE says she is a supporter of the consumer. But then everything she wants leads to an economy that will eventually reduce all consumers to beggars on the state tits.. And she is creating a following that will go a long way to making it happen?

[101orson101]

WHY? Because I'm sick and tired of paying for ANYONE like that black guy most recently in the news who has 24 children by 14 different women and supposedly has no visible means of support, job, and does NOT support ANY OF THEM. AND LAUGHS ABOUT IT! So WE? The actual real tax payers, pays for all of them.

ENOUGH IS ENOUGH already. GET REAL! That kind of BULLSHIT has to come to an end. How many guys, and his offspring and lady friends, like him can we afford to support?

[101orson101]

So for one/ I would support those rich bitch tax increases IF that 50% who paid NO feral income taxes DID PAY THEIR FAIR SHARE TOO.

NOT EVEN their EQUAL share. Just their FAIR SHARE. You got what you wanted from the rich bitches, NOW get what is FAIR from the 50% NON payers.

[101orson101]

Now WELFARE cost 451 billion in 2012. In short? That same 500 billion or more in additional feral income tax from the 50% paying nothing right now could pay ALL of our welfare needs and actually DOUBLE the amount available. And the RICH have already been tagged for an additional 400 billion in 2013. So IF that 50% paying NO feral income tax DID pay even that 1/3rd more? That would increase Feral income tax revenues by around 1 trillion dollars PER YEAR.

THERE WOULD BE NO DEFICITS ANYMORE?

[101orson101]

All individual feral income taxes amounts to about 1.3-1.5 trillion bucks. Paid by half the people? So IF the other 50% paid even 1/3 of that total in addition. That would be about 500 billion bucks more. SS expenditures for 2012 was about 778 billion bucks. MEDICARE about 484 billion bucks. THAT additional feral income tax would save either program or even BOTH? And that is each and every year. NOT over a ten yr period?

[101orson101]

That 47%? Or 51%? whichever floats yer boat? Is like a defunct Social security problem. RIGHT NOW SS is supported by 2.5 people paying in for every ONE taking money out of it. and we all understand that is a very serious problem that must be dealt with?

BUT? The 47-51%ers are actually a 1 to 1 ratio? Which simply means that problem is actually 2.5 time WORSE than the current state of SS?

NOW WHY is that so pertinent?