Why do Democrats claim they want to raise taxes on the wealthiest?

Question

Why does their proposal raise them 8% top to bottom on everybody who pays taxes? Is everyone Happy now?

For you people who want LINKS, Do your own research or watch Fox News> Shepard Smith just laid it all out and the taxes they want to impose on offshore oil, anyone want 10.00 dollar GAS?

Answer 1

How is that fair?? Some more poor self-made saps have to put up with more of this Lib-Commy crap?

Answer 2

Cause they claim to support the Poor but they never help the Poor as much as they claim cause they want the Poor to remain Poor, they don't wanna encourage them to rise up to Middle Class or Wealthy Class by working at it, cause any Poor person who works hard enough to rise out of Poverty is gonna then reduce the Democrats being able to claim they care for the Poor.

Everytime a Poor person becomes Middle Class or Rich the Democrats become angry about it, why should anyone be angry about it? we should be happy when a Poor person manages to rise above the Poverty Level.

Also while yes the Republicans have a lot of Rich people in their ranks the Democrats also do as well, The Republicans admit it but the Democrats act like they have no Rich people in their ranks too (especially the ones who wanna raise Taxes but they still would never pay more Tax if Tax was raised).

By the way raising Income Taxes will not make the Rich pay more, it would make the Poor and Middle class pay more but not the Rich, why?

Because the Rich can afford Lawyers to help lower their Taxes cause according to the Tax codes almost every Taxpayer is allowed this or that exemption but most of the people who ever get such exemptions are the Rich because it is cheaper for a Rich person to get Lawyers than to pay whatever taxes they legally do not have to pay.

So every single Wealthy Democrat who claims raising the Taxes is gonna raise Taxes on the Rich is absolutely lying because those same Democrats are not even going to pay more Taxes at all, they'll just get their Lawyers to lower their Taxes legally instead.

f any Rich Democrat wants to put more Money into the Economy then it would be wise for that Rich Democrat to hire more workers rather than asking for a Tax raising.

Answer 3

Not true, You been listening to Rush again. Try reading some. The Democrats will take back the $18 billion tax cut given to big oil. That is not a tax increase that is a return to the level before Republicans paid the bribe to big oil. Democrats are also going to take back the free drilling with no fee from big oil on public land. Another bribe paid by Republicans to big oil. Families in the average income of $56,200 in 2004 saw the tax rate edge down to 2.9 percent. From 5 percent in 2000. Average tax cut $1180. Households in the top one percent with average incomes of $1.25 million saw there tax rate drop to 19.6 percent in 2004. It was 24.2 percent in 2000. Average tax cut $58,000. Now you know why the top one percent voted for Bush.

Answer 4

possibly you need to coach us some info that the final 30 years of tax cuts for those you declare create jobs has particularly created jobs, particularly of shifting them in a foreign country, alongside with their shopper base. maximum super corps now get 70% of their sales exterior the U. S.. Why might reducing taxes here cause them to hardship to attempt to create new shoppers here, while they have made it so obtrusive they could no longer care much less? you have no longer have been given any concept what you're speaking approximately once you assert there are jobs accessible. In April, McDonalds had a huge hiring push. They deliberate to hire 50,000 new workers. they had to coach away in simple terms shy of a million/2 a million. Then there is the situation which you seem to think of taking money from the precise 2% might kill the economic equipment yet taking it from the decrease ninety 8% might stimulate it. are you able to delight clarify the coolest judgment of that to me?

Answer 5

I'm a liberal and think that people that make over a billion dollars a year should pay a minimum tax.

Or Corporations that make billions should pay tax not get rebates for foreign investments like buying German sewer systems etc.

Go big Red Go

Answer 6

Why do Republicans try to make people think they are saving us money by cutting our taxes, when they have to borrow the money to make up for the tax cuts. Do Republicans think that Americans are so stupid that we do not realize that when you borrow money, you have to pay it back with interest? Paying more taxes now will save everyone money in the long run.

But you are not accurately stating the Democrats' proposal anyway. They are not proposing that everyone pay 8% more than they are paying now.

Answer 7

Do you have a credible source? There has been no bill introduced as such. The plan is to restore the system where the rich pay as much as the middle classes. Sounds like some Rush Limbaugh ranting.... P.S. Rush Limbaugh is very rich, and FOX news isn't exactly a source (see Tony Snow)....

Answer 8

Corporations and the wealthy pass their tax burden on to the middle class. That's why rich Democrats don't mind raising taxes. It won't affect them. There are more millionaire democrats than Republicans in Congress. Remember taxes and Sh!t roll down hill.

The economy will tank if the dems pass their tax increases.

Answer 9

It's out of the Liberal handbook, Playing the rich against the poor.
The problem is that the taxes are paid by the Middle class. That is where the money is.

Answer 10

they want to raise taxes for the rich because they can afford to pay more, and it makes sense to have them give back to society more, because the society has obviously helped them become rich. the government should take equal amounts from low income families as they do from say, paris hilton and others with as much money as her. if people didn't buy her music/movies/perfume, she wouldn't have as much as she does now. i think it makes total sense to take a bigger percent of money from those who should be giving it to the community/ country anyway.

Answer 11

WHere in this do you see anything that says taxes will be raised 8% on everyone who pay taxes?

110th CONGRESS
1st Session
H. CON. RES. 10

Expressing the sense of the Congress that the tax giveaway since 2001
to the wealthiest 5 percent of Americans should be repealed and those
monies instead invested in vital programs to relieve the growing burden
on the working poor and to alleviate poverty in America.


_______________________________________________________________________


IN THE HOUSE OF REPRESENTATIVES

January 4, 2007

Ms. Lee submitted the following concurrent resolution; which was
referred to the Committee on Ways and Means

_______________________________________________________________________

CONCURRENT RESOLUTION



Expressing the sense of the Congress that the tax giveaway since 2001
to the wealthiest 5 percent of Americans should be repealed and those
monies instead invested in vital programs to relieve the growing burden
on the working poor and to alleviate poverty in America.

Whereas the number of persons living in poverty has risen every year since 2001
when massive tax breaks for the wealthy began;
Whereas there were 37,000,000 people living in poverty in 2004, an increase of
5,400,000 during the administration of President George W. Bush;
Whereas in 2003 over 12,900,000 children lived in poverty;
Whereas in 2003 15,600,000 persons lived in extreme poverty, defined as people
with incomes lower than one-half of the established Federal poverty
guideline;
Whereas the number of Americans lacking health insurance rose to 45,800,000 in
2004, meaning that more Americans are now without health insurance than
at any point since the Census Bureau began collecting comparable data in
1987;
Whereas for the years 2002 through 2005, the tax cuts for the wealthiest 5
percent of Americans has cost an estimated $352,600,000,000 in Federal
revenue;
Whereas budget deficits jumped from $32,500,000,000 in 2001 to $317,500,000,000
in 2002 primarily due to a precipitous drop in lost tax revenue;
Whereas $352,600,000,000 could have provided Head Start enrollment costs for an
average of 11,675,496 students annually for the years 2002 through 2005;
Whereas $352,600,000,000 could have provided health insurance coverage for an
average of 20,020,440 uninsured Americans annually for the years 2002
through 2005;
Whereas $352,600,000,000 could have provided college tuition for an average of
17,093,271 university students annually for the years 2002 through 2005;
and
Whereas $352,600,000,000 could have provided 3,174,831 new low income housing
units: Now, therefore, be it
Resolved by the House of Representatives (the Senate concurring),
That it is the sense of Congress that--
(1) the portion of all tax cuts enacted in or after 2001
which benefits the wealthiest top 5 percent of Americans and
burdens the Nation's impoverished and working poor with rising
debt and fewer services should be repealed, and
(2) the revenues from such repeal be used to relieve such
burdens and alleviate poverty in America.