Icount Poll: Taxes

Do you think that President Obama's proposed millionaire tax of 5.4% is a good idea (please comment)?

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Comments

These are people who own businesses that create jobs. When is the country going to understand that people who own businesses are not going to take a pay cut or a decrease in profits, they look for cuts (jobs, benefits, etc) to make up the loss.

Submitted: over 7 years ago by: validated user

It boils down to one simple question - is it Constitutional? No. Then the answer is NO.

Submitted: over 7 years ago by: validated user

I think it is a workable idea, but is not the answer to the deficti problem. The answer is, (STOP THE SPENDING) Freeze all government spending to be within the current monies coming in. No MORE AND NO LESS. Freeze the DEFICITE and add nothing to it from this point forward. Again, the Government is to operate on just what they have coming in at this time and there will be no pay increases for anyone paid by the Government, from the President down to the lowest Welfare recipeant. Now, we start what I call a deficte recovery fund. This fund is to paid for by the entire countries population. For every income into a home, be it from welfare for the rich and famous. A one dollar ($1) per person within the household is to be deducted from our pay and put into the deficite reduction fund. Such as for me, I have 4 people in my home and am on Social Security and Postal Retirment, I will have deducted each pay day $4 from my social Security and $4 from my Postal Retirment. My wife works and she to will have $4 deducted from her paycheck. What ever the population is at this time, there should be $1 paid for each. Assuming there are 4 billion people then each pay day there will be 4 billing dollars paid against the Deficite. This money is not to be touched by anyone for anything. Part of this deficite payment is to be paid back to Social Security and that fund is not be be touched for any rason except to pay Socail Security and Medicar payments.

Submitted: over 7 years ago by: validated user

My feeling is that it is far more important to get rid of wasteful spending than it is to find ways of increasing taxes or government "revenue". When my family is hard pressed for money, we stop buying Twinkies, going to the movies, and redecorating the kitchen (even though it increases the value of the home when it is finished).

Don't raise a tax until you show me that you can cut spending (PERIOD)

Submitted: over 7 years ago by: validated user