How would raising taxes affect you and our economy?

**beenthere** · 06-17-2012, 03:19 PM

There are many on this forum who avidly support the US government raising taxes on the upper income earners, what kind of impact will this have on your life? Why would it help the economy, and do you think that revenue would be used to pay down our national debt?

**nontheist** · 06-17-2012, 03:24 PM

Oh gawd, another post Unclebuck and Abandon to over use meme's and spout their socialist propaganda. Wait for it......wait for it....

**UncleBuck** · 06-17-2012, 03:26 PM

Originally Posted by nontheist

Oh gawd, another post Unclebuck and Abandon to over use meme's and spout their socialist propaganda. Wait for it......wait for it....

**UncleBuck** · 06-17-2012, 03:27 PM

but seriously, it would help reduce the enormous and dangerous income inequality situation to more sustainable levels, helping to even the playing field and make it more possible for the little guys to team up against the big guy.

**FlyLikeAnEagle** · 06-17-2012, 03:30 PM

Higher taxes causes companies to do things to avoid paying those higher taxes, like hire people, buy equipment, invest, etc. just like we saw in the 90's. Lower taxes causes them hoard money which is what is happening now.

**abandonconflict** · 06-17-2012, 03:33 PM

Originally Posted by UncleBuck

but seriously, it would help reduce the enormous and dangerous income inequality situation to more sustainable levels, helping to even the playing field and make it more possible for the little guys to team up against the big guy.

Well in the 1%s defense, most consumers are pretty stupid. I mean, do people even think at all before they shell out cash, a lot of retarded businesses would be tits up...