<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" > <channel><title>Comments on: We will become a nation of tax cheats</title> <atom:link href="http://www.rocketfinance.net/2009/02/09/we-will-become-a-nation-of-tax-cheats/feed/" rel="self" type="application/rss+xml" /><link>http://www.rocketfinance.net/2009/02/09/we-will-become-a-nation-of-tax-cheats/</link> <description>Finance is not rocket science, unless it is government finance.</description> <lastBuildDate>Sat, 05 Jun 2010 22:48:26 +0000</lastBuildDate> <generator>http://wordpress.org/?v=2.9.2</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>By: rocketc</title><link>http://www.rocketfinance.net/2009/02/09/we-will-become-a-nation-of-tax-cheats/comment-page-1/#comment-20422</link> <dc:creator>rocketc</dc:creator> <pubDate>Tue, 24 Feb 2009 17:18:41 +0000</pubDate> <guid isPermaLink="false">http://www.rocketfinance.net/?p=529#comment-20422</guid> <description>Dana, your point is very unclear.You are correct - high taxes for the wealthy do punish the poor and working people.Many wealthy people use their money very wisely. That is how they became wealthy.The wealthy who throw their money around are not going to stay wealthy for very long and every time they buy something, they help to employ people who are farther down the ladder than they are. Furthermore, it is not your job, nor the governments job to decide who spends what, when and where.I in no way endorse cheating on taxes.If you can&#039;t come up with examples of conservative&#039;s decrying waste. . . then you have not been paying attention.Most conservatives oppose social spending on the basis that it does not work.High earners are not often criminals. Seriously, what are you talking about? In fact, I would submit that there is a higher rate of crime in the O cabinet than what exists amongst private company CEO&#039;s.</description> <content:encoded><![CDATA[<p>Dana, your point is very unclear.</p><p>You are correct &#8211; high taxes for the wealthy do punish the poor and working people.</p><p>Many wealthy people use their money very wisely. That is how they became wealthy.</p><p>The wealthy who throw their money around are not going to stay wealthy for very long and every time they buy something, they help to employ people who are farther down the ladder than they are. Furthermore, it is not your job, nor the governments job to decide who spends what, when and where.</p><p>I in no way endorse cheating on taxes.</p><p>If you can&#8217;t come up with examples of conservative&#8217;s decrying waste. . . then you have not been paying attention.</p><p>Most conservatives oppose social spending on the basis that it does not work.</p><p>High earners are not often criminals. Seriously, what are you talking about? In fact, I would submit that there is a higher rate of crime in the O cabinet than what exists amongst private company CEO&#8217;s.</p> ]]></content:encoded> </item> <item><title>By: Dana</title><link>http://www.rocketfinance.net/2009/02/09/we-will-become-a-nation-of-tax-cheats/comment-page-1/#comment-20419</link> <dc:creator>Dana</dc:creator> <pubDate>Tue, 24 Feb 2009 16:39:57 +0000</pubDate> <guid isPermaLink="false">http://www.rocketfinance.net/?p=529#comment-20419</guid> <description>The idea that higher tax brackets &quot;punish the wealthy&quot; is a myth.  One that survives only because we as a nation do not know the difference between income-statement-affluent and balance-sheet-affluent.  The higher tax brackets certainly affect the former--if you can find any, and more on that in a minute.  They don&#039;t necessarily affect the latter.Haven&#039;t you read The Millionaire Next Door?  You should.It&#039;s amazing to me that people who make higher income are so bitter about poor people who go on welfare.  They&#039;re mad that they have to pay so many taxes to support &quot;deadbeats.&quot;  First off, social programs are a drop in the bucket of the federal budget.  The military dwarfs social programs on the scale that Sirius dwarfs our sun, give or take.  Secondly, if people who made higher incomes spent their money wisely, even being in a higher tax bracket for the upper part of their income wouldn&#039;t hurt them much.But so many high-earners DON&#039;T spend their money wisely.  They think they have to have all the latest gadgets and project a certain image of prosperity and they think they&#039;ve &quot;earned&quot; all of this.  They&#039;re one of the major groups in hock up to their eyeballs with credit card bills.  Their real problem isn&#039;t Uncle Sam but Aunt Io.  As in, I Owe.If you think they should become tax cheats on top of being irresponsible spendthrifts then whatever, I suppose you think the rule of law is important in this country too.  But only the laws you support, right?I don&#039;t like government waste either.  But I can&#039;t remember the last time a so-called fiscal conservative rooted out the actual waste the government&#039;s committing.  Instead y&#039;all go after social programs.  That&#039;s it.  That&#039;s the extent of your creativity.  It&#039;s like taking out a $2000 a month loan to buy a Lamborghini and then using grocery coupons to buy name-brand packaged foods and claiming you&#039;re saving money that way.As for Obama&#039;s cabinet, it&#039;s interesting that the media focuses on the fact that he tried to appoint these peole, and not on the fact that high earners are so often criminals.  We&#039;re throwing people in prison for life for shoplifting three times in the same state but when it comes to a high earner, just about anything goes and it&#039;s the high earner&#039;s prospective boss&#039;s fault that he skipped out on his taxes.I weep for my country too, but for different reasons than you do.</description> <content:encoded><![CDATA[<p>The idea that higher tax brackets &#8220;punish the wealthy&#8221; is a myth.  One that survives only because we as a nation do not know the difference between income-statement-affluent and balance-sheet-affluent.  The higher tax brackets certainly affect the former&#8211;if you can find any, and more on that in a minute.  They don&#8217;t necessarily affect the latter.</p><p>Haven&#8217;t you read The Millionaire Next Door?  You should.</p><p>It&#8217;s amazing to me that people who make higher income are so bitter about poor people who go on welfare.  They&#8217;re mad that they have to pay so many taxes to support &#8220;deadbeats.&#8221;  First off, social programs are a drop in the bucket of the federal budget.  The military dwarfs social programs on the scale that Sirius dwarfs our sun, give or take.  Secondly, if people who made higher incomes spent their money wisely, even being in a higher tax bracket for the upper part of their income wouldn&#8217;t hurt them much.</p><p>But so many high-earners DON&#8217;T spend their money wisely.  They think they have to have all the latest gadgets and project a certain image of prosperity and they think they&#8217;ve &#8220;earned&#8221; all of this.  They&#8217;re one of the major groups in hock up to their eyeballs with credit card bills.  Their real problem isn&#8217;t Uncle Sam but Aunt Io.  As in, I Owe.</p><p>If you think they should become tax cheats on top of being irresponsible spendthrifts then whatever, I suppose you think the rule of law is important in this country too.  But only the laws you support, right?</p><p>I don&#8217;t like government waste either.  But I can&#8217;t remember the last time a so-called fiscal conservative rooted out the actual waste the government&#8217;s committing.  Instead y&#8217;all go after social programs.  That&#8217;s it.  That&#8217;s the extent of your creativity.  It&#8217;s like taking out a $2000 a month loan to buy a Lamborghini and then using grocery coupons to buy name-brand packaged foods and claiming you&#8217;re saving money that way.</p><p>As for Obama&#8217;s cabinet, it&#8217;s interesting that the media focuses on the fact that he tried to appoint these peole, and not on the fact that high earners are so often criminals.  We&#8217;re throwing people in prison for life for shoplifting three times in the same state but when it comes to a high earner, just about anything goes and it&#8217;s the high earner&#8217;s prospective boss&#8217;s fault that he skipped out on his taxes.</p><p>I weep for my country too, but for different reasons than you do.</p> ]]></content:encoded> </item> <item><title>By: rocketc</title><link>http://www.rocketfinance.net/2009/02/09/we-will-become-a-nation-of-tax-cheats/comment-page-1/#comment-19876</link> <dc:creator>rocketc</dc:creator> <pubDate>Mon, 16 Feb 2009 16:28:07 +0000</pubDate> <guid isPermaLink="false">http://www.rocketfinance.net/?p=529#comment-19876</guid> <description>fathersez, I&#039;m not too sure about that . . . our government spending obligations are greater than the GDP of the entire world. http://www.worldnetdaily.com/index.php?fa=PAGE.view&amp;pageId=88851  It takes major league waste to bankrupt the greatest economy the world has ever seen.</description> <content:encoded><![CDATA[<p>fathersez, I&#8217;m not too sure about that . . . our government spending obligations are greater than the GDP of the entire world. <a href="http://www.worldnetdaily.com/index.php?fa=PAGE.view&amp;pageId=88851" rel="nofollow">http://www.worldnetdaily.com/index.php?fa=PAGE.view&amp;pageId=88851</a> It takes major league waste to bankrupt the greatest economy the world has ever seen.</p> ]]></content:encoded> </item> <item><title>By: fathersez</title><link>http://www.rocketfinance.net/2009/02/09/we-will-become-a-nation-of-tax-cheats/comment-page-1/#comment-19863</link> <dc:creator>fathersez</dc:creator> <pubDate>Mon, 16 Feb 2009 13:25:12 +0000</pubDate> <guid isPermaLink="false">http://www.rocketfinance.net/?p=529#comment-19863</guid> <description>I have to disagree with this well written article on one thing.My Government wastes far more than your Federal Government.Who invented Governments anyway?Regards</description> <content:encoded><![CDATA[<p>I have to disagree with this well written article on one thing.</p><p>My Government wastes far more than your Federal Government.</p><p>Who invented Governments anyway?</p><p>Regards</p> ]]></content:encoded> </item> <item><title>By: Odnal</title><link>http://www.rocketfinance.net/2009/02/09/we-will-become-a-nation-of-tax-cheats/comment-page-1/#comment-19539</link> <dc:creator>Odnal</dc:creator> <pubDate>Thu, 12 Feb 2009 03:04:10 +0000</pubDate> <guid isPermaLink="false">http://www.rocketfinance.net/?p=529#comment-19539</guid> <description>I also have been amazed at the tax problems in Obama&#039;s cabinet.  Geitner&#039;s nomination just floored me and I can&#039;t believe that it actually got approved by Congress.  There is no conceivable way that his tax problems were accidental.I don&#039;t know that people will blatantly stop paying taxes, but I do think that the poor examples from from the top will lead us &#039;normal&#039; people to</description> <content:encoded><![CDATA[<p>I also have been amazed at the tax problems in Obama&#8217;s cabinet.  Geitner&#8217;s nomination just floored me and I can&#8217;t believe that it actually got approved by Congress.  There is no conceivable way that his tax problems were accidental.</p><p>I don&#8217;t know that people will blatantly stop paying taxes, but I do think that the poor examples from from the top will lead us &#8216;normal&#8217; people to</p> ]]></content:encoded> </item> </channel> </rss>
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