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View Full Version : Why do Republicans think the Rich are taxed too high?



Manifesto
15th August 2009, 09:16
I really do not get how they think this.

GPDP
15th August 2009, 09:28
The idea is, the higher you are taxed, the less incentive there is for you to make money. So progressive taxation, they argue, discourages people from earning a higher figure, since it means they will be taxed more.

That, and they usually subscribe to trickle-down economics, which states the more money the rich have, the more incentive they have to invest and employ people.

Philosophical Materialist
15th August 2009, 15:00
GPDP gave a good précis there. I would also add the laisser faire capitalists argue against higher taxes as they believe that the state can't spend money as efficiently as 'rational' selfish individuals.

The free market is attributed mystical powers to achieve plenty and wealth for all, but any inconsistencies and contradictions in the system are blamed on 'lazy and undeserving people' and 'too much state interference.'

LOLseph Stalin
15th August 2009, 19:09
They also think that if they earn that money themselves they deserve to keep it. Greedy pigs. There's starving people out there. D:

Idealism
15th August 2009, 19:14
They believe that if you tax the rich, you are taking money away from the most productive sector of society, who, if you did not tax them, would be more productive and create jobs-the "trickle down" theory.

Idiots.

LOLseph Stalin
15th August 2009, 19:20
Idiots.

This.

*Red*Alert
15th August 2009, 20:14
Simply greed, but they some Middle Class people have a somewhat legitimate complaint as their taxes are used inefficiently by the established governments which they voted in.

Any Leftist alternative will have to have a clear program of spending taxes wisely and fighting to ensure value for everyone Dollar or Euro.

Then there are those who are the "Rich", who have a vested interest in keeping control over society and actively support the "trickle down" theory, and like to believe the State can't use money or supply services as good as the market can, although in my experience the State can supply services, goods and infrastructure 10 times better than any private market.

rednordman
15th August 2009, 20:30
I dont want to go of topic here, but has this so called 'trickle down' theory that every capitalist harks on about, actually worked?

GPDP
15th August 2009, 20:37
I dont want to go of topic here, but has this so called 'trickle down' theory that every capitalist harks on about, actually worked?

lol no

You know the extra money the rich get as a result of tax cuts? You know, the one they're supposed to use to invest and employ people? Yeah, they pocket it.

rednordman
15th August 2009, 20:51
lol no

You know the extra money the rich get as a result of tax cuts? You know, the one they're supposed to use to invest and employ people? Yeah, they pocket it.Thats exactly the same thing that I was thinking too. Its just i have heard this sort of thing alot of times as a totally unquestionable law.

Another one that is used alot is the one that states that capitalism will always work because people and buisnesses use their money to keep other people employed via purchasing stuff, like a chain or cycle (in a sence). Do not know what its called though.

Radical
15th August 2009, 21:42
Because their Individualists that just care about themselves and their family.

Axle
15th August 2009, 21:58
Republicans openly support the rich and real progressive taxation would limit their stranglehold on America.

...or, according to the media; because its unfair, it damages incentive to work hard, it taxes success...oh, and its SOCIALISM!

Jimmie Higgins
15th August 2009, 21:58
There's also a self-fulfilling prophecy aspect to the "lower taxes" shtick. Every time politicians lower taxes, they then cut budgets and social programs. Them more this happens, the more workers have no experience of government services and then they figure why the hell should I pay taxes since it just goes to war (if you're left) or "poor people who don't want to work" (if you're right-wing).

So this has allowed the politicians to really pull one over on the US populace and push more and more of the tax burden onto workers and the poor. The rich have basically made it so that even things like roads and bridges (necessary for big business) are paid for by working class tax payers and commuters.

Since the establishment in the US never talks about anything in class terms and since there is little class consciousness now they can say: "lower taxes so you can have a little more spending money" and who as an individual wouldn't like that?

So it makes me really happy anytime the Republicans attack a tax on corporations as "class warfare" - damn right, I say and we need a lot more of it.

BIG BROTHER
15th August 2009, 22:09
People have already explained it but I just really want to say:

Because they are Utopian.

Kukulofori
15th August 2009, 22:51
The above, and also because there's no widely publicised opposition to the idea. If widely publicised opinion is that clouds are solids then it's easiest to just go on believing that if nobody ever challenges it.

NecroCommie
16th August 2009, 00:09
Because they take everything without hesitation, provided that it was originally presented to them by an authority figure. That, and they are brainless twats.

This was my part on todays episode of: "non-constructive critisizm".

BlackCapital
16th August 2009, 07:56
I hear alot of idiots in the media as well as real life trying to justify the amount of wealth that the top 1%, or whatever figure, owns by saying they also pay by far the largest amount on income taxes. And its true, but practically meaningless because the majority of the wealth this segment owns does not come from their incomes but the value in their finanical and property assets. Not to mention if they know they're going to get taxed however much, they can offset it by giving themselves a larger bonus, which is again at the expense of their workers.

Nonetheless, Republicans and libertarians spout this argument all the time and it still seems to convince alot of people.

Muzk
16th August 2009, 12:11
Greedy pigs. There's starving people out there. D:

They had their chance - if they are too lazy who cares! Everyone can get rich! You just have to work hard!

...

I could vomit whenever I hear that

Schrödinger's Cat
16th August 2009, 17:26
The idea is, the higher you are taxed, the less incentive there is for you to make money. So progressive taxation, they argue, discourages people from earning a higher figure, since it means they will be taxed more.

Which, ironically, if true, would completely contradict self-interest.

Ohnoatard
17th August 2009, 23:23
Because they are a bourgeois puppet party

jake williams
18th August 2009, 07:13
There's something that isn't really mentioned here. I saw a Cato Institute video - yes, it was excruciating - which was almost entirely devoted to suggesting that the problem with high taxes is not that rich people deserve to keep their money, that taxes create "allocative inefficiency", or anything else like that. Its hypothesis was that high taxes encourage people to report less income, thereby lowering tax revenue. It's mostly bullshit, but it's interesting that this was the argument they decided to focus on.