WalMart (walton) family are too rich, we must confiscate their money

Sam Walton was a great man, created jobs and opportunity for millions, and provide a place for decent prices, and you want to steal his EARNings to give as free handouts. What an American.

 

If you want to take away the Waltons money, quit going to WalMart.

 

You need to dial the daily intake of LSD way back.

 

agreed

only Obama should decide how much we each have

 

Really... you are going to make this stupid arguement that we all have the same tax code again.

I never said we play by different rules. And we are not talking about Walmart officers. We are talking about the 6 Walmart family members. And the argument is the rules themselves.

And if you can't figure out the difference between an upper middle class family that earns $150K of W2 income and pays a 28% tax rate, and a Walmart family member that earns $100 Million in dividends and capital gains that pays a %15 tax rate, then that is your problem. Keep arguing that there is no rate disparity because if the upper middle class family merely made $100 Million in capital gains and dividends, they would also pay 15%, it only makes you look foolish. They are both income and they are both paying income tax, but one will have a return with a 28% tax and the wealthier one will have a return with a 15% rate.

 

This is it right here, do not wan't to make the Walton' rich, do not shop there! I personally do not shop at Wal-Mart as I do not like some of their practices, but that has nothing to do with wether they are successful. The poor go in droves to Wal-mart to get cheap items, and they do not understand that when all the poor people go to one store and each give a penny an item to the Walton' after 40 years they became rich. Amazing how it works!

Liberalism is a mental disorder, give me cheap items but do not make money off your hard work!

 

It is their money. They paid tax on it when they earned it. They should have paid more taxes on it when they earned it since 2000, but never the less, this money has already been taxed and it is now theirs. They should be able to do whatever they want with their money, including give it to their kids. Inheritence tax is wrong.

Maybe someday you will make a lot of money and have kids and understand that all your hard work is not just for personal gain, but family gain. And if you want to give your kids money, you should be able to.

 

No, you are whining about the rate, and again my argument is that it is the same for you as it is for them. If you had income from stock, it would be the same rate, but then, you know this, you are just trying to make it seem as if it was a privileged rate for the rich, and that would be a lie.

Why didn't the dems along with Obama change that rate when they had 2 full years of control HD?

Why do dems dismiss a flat tax? Why do they run from a balanced budget amendment? Oops, I think we all know it would tie their hands from increasing our nations debt, which we all know is so beneficial, (sarcasm). A bunch of phony liars, all of them.

 

Wow, we are in total agreement HD. Amazing how this forum works sometime.

 

Actually you have it backwards. According to the way things are, AND the constitution, the US government only has what the people give. OF the people, BY the people. We make her, she does not make us.

 

They've got theirs. Send the guys with guns to take it away.

 

disagree when people like the waltons acquires alot wealth it is not earned but a loan by the government for being productive to society, once they pass it then becomes the property again of the government to be redistributed fairly

wealth dynasties like the walton family only perpetuate income inequality, people should not get a free handout from inheritance because it promotes an entitlement mentality.

 

OMG you are such a hypocrite, not to mention a pathetic failed socialist. You really are the 1%

 

That is the most idiotic thing I have ever heard! Unlike government entitlements, these people ARE entitled to that money!

 

but those who occupy anything but a job disagree with you

the morning liberal show on msnbc disagrees with you

Michael Moore agrees that other people's money except his needs to be redistributed

 

micheal moore is one of the rich guys that wants to be taxed more, the walton family wants to exploit americans with low wages at walmart and not pay for their basic welfares.

 

You're for real right? I mean you seriously think it is the government's job to go in and effectively STEAL other people's money?

Ok people help me out, I just might put this Communist down myself...

 

Sec is a right winger who thinks that making wild claims that are not the position of the left is somehow sarcasm showing the left to be wrong.

It would be like a liberal posting, "we should just shoot all the people who are unable to support themselves" as a right wing position. It is such a gross exageration that it is meaningless and to think that there is any kind of point there is ridiculous.

It is basically just cop out when you can't argue against the liberal position that tax rates should be moved above absolutely historical low rates to just below average rates. And since the right wing can't make a rational arguement, they start screaming about stealing money and redistribution. When the real liberal position is to still have low taxes, just not historically low taxes and use that to shrink the deficit and not have to slash as much of the government to cut deficits. Then the right winger will respond with welfare, welfare welfare, when even if all welfare was cut, it would not balance the budget and the most federal spending is going to defense, social security and medicare. The right wing position is based upon distortions and bad math.

 

Since raising taxes on the rich seems to be such a firestorm for you liberals, can you tell us again why the democrats didn't do anything to raise taxes when they had total control?

I know I asked you this before, but you keep avoiding the answer.

 

Michael Moore is free to walk the walk any day and donate his money

typical liberal blowhard

did you bother to read the walton family foundation infornmation i posted???????

 

you'll never get an answer to this from the liberals on this site. It's easier to blame others than wonder why their agenda wasn't pushed during those 2 glory years

 

Because that was in the midst of a great depression/recession.

Deficit spending is a stimulus. Remember all those "stimulus checks" that Bush sent out to everyone using borrowed money? Proper economics is that you save in good times and tap into your savings when you are in bad times. There are times, like when the country is in a massive recession, that the country should run a deficit. In the midst of the greatest recession in 80 years, that is not the time to raise taxes, it is a time for stimulus spending. This is also why a balanced budget admendment is not a good idea, because it is too restrictive. However, neither party seems to be able to use sound economics and live within our means when the country is in good times.

I'll give you that lower taxes is stimulus. That is because lower taxes leads to deficit spending. So it would be like arguing that credit card spending is stimulus for an individual. Rack up your credit cards, and you will be doing better in the short term. But it is not an economic plan. Republicans have "cut taxes" and increased spending with both Reagan and Bush and claimed this is great economic policy. Both times cutting taxes led to decreased revenues and increased deficits.

Personally, I would repeal all the Bush tax cuts, not just for the rich. I would add a few new tax brackets, at $1 Million and $10 Million of income. And I would cut spending significantly, including the military, farm subsidies, NASA, a bunch of smaller programs. But these cuts need to be made in a phased manner, not in a knee jerk manner. Like the military cuts, they need to be the closing of many many foreign bases, but not this year, over the next decade. Don't yank all the farm subsidies this year and leave farmers hanging, but over the next 5 years farmers can adjust to the new economic reality. We need a long term intelligent plan to reduce spending. It is like a diet, sure you can just stop eating and starve yourself for a month and lose some wieght. But unless you change your habits, it will not stay off. We need to change our habits.

 

so, are you saying that you have a problem with those who occupy anything but a job?

Do you have an issue with those who say xxx pays 28% and after deductions paid $15,000 to the fed on earned income and it's unfair because yyy who is wealthy and after loopholes paid 6 figures in taxes but the % was less?

Are you one of those who looks at the total dollars vs playing games with % ?

Do you think it's OK for an athlete to earn $10 or $15 million per year or more after royalties and sponsorships?

Do you think it's OK for Gore to earn $millions on junk science?

Or, should Obama determine how much they should earn?

bear in mind, regardless of how mnay people WalMart employs, how much they donate to charities, the cottage industries which happen because of WalMar, the Wal Mart affect which happens to stores and restaurants near WalMart who experience growth in revenue due to increased traffic etc etc..........none of that matters because those people HAVE MORE than you and me so it must be taken and redistributed by the govt.

 

so, to sum it up, take from the most productive and successful and reward the others. In essence, "the broken window fallacy"

Your professors did a great job of ripping away common sense from you.

 

please read through this thread and read the comments frm the liberals including yourself.

You just can't help yourselves and your zeal for redistribution