Bitcoin Forum

;D

Thats how I am feeling right now to :). I hope that the knuckle heads in congress get together and vote for this extension. We can have our epic debates without the nations AAA on the line...

Dream on. I'll believe it after the vote.

Dream on. I'll believe it after the vote.

If the majority of Americans cant get their richest 1% to give up tax cuts by november, they are officially the dumbest people on the planet.

It would be really stupid of the President to come on TV and announce a deal that didn't have a 99% chance of going through. The compromise already has guaranteed support in the Senate. All that has to happen now is for Nancy Pelosi and John Boehner to whip up some support for the bill from their respective party's in the House. America is not going into default,  no matter what all of these foreign nations or other competing entity's may think.

Some tax increases should be included OR stopping the wars.  Killing people 1/2 the world away is expensive.  You need to go after some big ticket items to make the budget even close to balanced. 

They will never give up military spending. It doesn't matter that there isn't really any other violent nations to "defend" against. They know they will never crawl out of debt. The only logical step is a world war based on the US deciding not to pay off china or whoever they owe all that money to someday.

We're still going to default but it's going to be through inflation... the worst kind of default.

The inevitable has been delayed. Besides, if the debt ceiling isn't raised we would still pay enough for interest and such. It's overblown. It's just party wars and bullshit. All they want to do is manipulate our emotions.

It passed the house!

FlipPro: There's nothing good about this bill from a "Democratic Socialist Liberal" standpoint.

In fact, there's pretty much nothing good about this bill from ANYONE's standpoint, unless you like a combination of kabuki theatre, delaying the inevitable, and fucking over the poor even more.

Bet the stock markets will get a nice boost this week though. All you traders may want to sell into that rally since by any metric, the US economy is frigging screwed.

But hey, now we get to watch most of Europe default before the US does!

If anyone is concerned about the debt and wishes they could be taxed more to pay it down, here's your chance to put your money where your mouth is: https://www.pay.gov/paygov/forms/formInstance.html?agencyFormId=23779454. Oh, by the way, it's not tax deductible.

Or, if you want to use your Bitcoins, send them to 1QErZaQBgVrvmQyFvDfZHQR7ed8VvzLdm4. I'll cash them in at Tradehill (removing a .5% transaction fee plus Tradehill's fees) and send that money to the Treasury.

Feel free to post how much you send in either instance.

I have no problems paying taxes... I already do so in RL...

The problem is those paying at a much lower rate than us, even though they 'make' much more money and actually do much less work.

The problem is those paying at a much lower rate than us, even though they 'make' much more money and actually do much less work.

And that is why I support any politician, no matter how distasteful, that supports an across the board flat tax with no deductions.

It's amazing that you can delude yourself into thinking that while you're paying $1,000 in taxes and I'm paying $100,000 in taxes somehow I'm getting a better deal and do less work than you. Just because I don't dig ditches or flip hamburgers doesn't mean the way I make money is any less work. In fact, if your job is so important, why are you making peanuts? Clearly the world values my labor more than yours, hence the fatter paycheck. If you didn't have people like myself that make most of the money, who would you leech off of?


Flat tax is a joke. You pay 10% of nothing and I pay 10% of a million dollars. There's nothing fair about that. How about we each pay the same dollar amount, or better yet, pay for the services we actually use?

A tax based on usage would ensure efficiency and government leanness.  On the downside, it would discourage consumer spending and lower GDP.

Still, it would be a very, very good thing if it were to happen.

That is generally called a VAT or sales/use tax. Been happening for years.

It's amazing that you can delude yourself into thinking that while you're paying $1,000 in taxes and I'm paying $100,000 in taxes somehow I'm getting a better deal and do less work than you. Just because I don't dig ditches or flip hamburgers doesn't mean the way I make money is any less work. In fact, if your job is so important, why are you making peanuts? Clearly the world values my labor more than yours, hence the fatter paycheck. If you didn't have people like myself that make most of the money, who would you leech off of?


Flat tax is a joke. You pay 10% of nothing and I pay 10% of a million dollars. There's nothing fair about that. How about we each pay the same dollar amount, or better yet, pay for the services we actually use?

...millionaire, because if not your defense of them and the fact that they almost always pay much less than their share of taxes is pathetic

On the topic of this thread:  Darn.  :\  I was hoping they'd run out of money so they would HAVE to start cutting out all the crap that we don't need the government running/giving away.

Because you, being a millionaire, who has employees who use public services too, get much more benefit from the public services than someone else?

the fact that they almost always pay much less than their share of taxes

Some tax increases should be included OR stopping the wars.  Killing people 1/2 the world away is expensive.  You need to go after some big ticket items to make the budget even close to balanced. 

It's amazing that you can delude yourself into thinking that while you're paying $1,000 in taxes and I'm paying $100,000 in taxes somehow I'm getting a better deal and do less work than you. Just because I don't dig ditches or flip hamburgers doesn't mean the way I make money is any less work. In fact, if your job is so important, why are you making peanuts? Clearly the world values my labor more than yours, hence the fatter paycheck. If you didn't have people like myself that make most of the money, who would you leech off of?


Flat tax is a joke. You pay 10% of nothing and I pay 10% of a million dollars. There's nothing fair about that. How about we each pay the same dollar amount, or better yet, pay for the services we actually use?

I like that last one, pay for the services you use.  The rich can pay for the cops, the courts, and the military.  The corporations can shoulder the lions share of infrastructure.  We should also include the fact that welfare keeps the masses from rioting/stealing, so the rich, who would be the ones hurt by the rioting and stealing can pay for that too.  Hmm, I think that leaves the middle and lower classes with consumer safety boards, a portion of infrastructure, and the FDA.

^^this was more or less the point I was trying to make, bitcoin2cash. Very few of our public services have the best interests of the lower 99% of the population in mind, therefore they should pay much less for them.

The rich can pay for the cops, the courts, and the military.

We should also include the fact that welfare keeps the masses from rioting/stealing, so the rich, who would be the ones hurt by the rioting and stealing can pay for that too.

I agree regarding infrastructure - corporations definitely use a large chunk compared to the average consumer.

Right because you don't use any of that. I forgot about the fact that I get a police escort every time I go to the bank. Oh wait, I don't. If I want any extra security, I have to pay for that.

How many rich neighborhoods have the cops there daily making arrests vs. poor neighborhoods? Many of us live in gated communities with a private guard at the gate. We don't need the cops there.

How many court appearances are by the poor after raping, robbing or driving around drunk, etc vs. the rich? As for the military, I don't see how any of us benefits from murdering people on the other side of the planet. The only think we need is a coast guard and a few nukes pointed at anyone thinking of launching theirs at us.


So, pay money or get assaulted or stolen from? That's called extortion. If I want extra security, I'll pay for it, just like I already do.


Like I said, I don't have any employees. My infrastructure consists of a few web servers which I pay for and a computer at home, which I also pay for. Some companies may use a lot of a resources but that doesn't translate to every millionaire being the owner of one of those companies.

Right because you don't use any of that. I forgot about the fact that I get a police escort every time I go to the bank. Oh wait, I don't. If I want any extra security, I have to pay for that.

How many rich neighborhoods have the cops there daily making arrests vs. poor neighborhoods? Many of us live in gated communities with a private guard at the gate. We don't need the cops there.

How many court appearances are by the poor after raping, robbing or driving around drunk, etc vs. the rich? As for the military, I don't see how any of us benefits from murdering people on the other side of the planet. The only thing we need is a coastguard and a few nukes pointed at anyone thinking of launching theirs at us.


So, pay money or get assaulted or stolen from? That's called extortion. If I want extra security, I'll pay for it, just like I already do.


Like I said, I don't have any employees. My infrastructure consists of a few web servers which I pay for and a computer at home, which I also pay for. Some companies may use a lot of a resources but that doesn't translate to every millionaire being the owner of one of those companies.

I can tell you have never spent any time being poor.  I assure you, the cops, courts, and military are NOT protecting the interests of the poor or the working class.

And I can assure you, they are.

See?  I can make statements without anything to back them up too!

Except that you are coming from a position of privilege and have admitted you have no experience being poor.

I've been robbed several times, the police did nothing.  The fact that the majority of arrests and court appearances are the poor is one more sign that these systems work for the rich, against the poor.

Poor criminals go to jail, rich ones pay small fines and go back to committing crimes.

I can tell you have never spent any time being poor.

No, I haven't and I'm glad because apparently being poor makes you quite stupid. Actually, it's more likely that being stupid leads to being poor. There's a correlation there at least. Either way, you can assure me all you like but you're wrong. The justice system is being utilized by the poor more often because they have a higher crime rate and there are more of them. So, naturally, they should pay for what they use instead of free-riding off of the rich.