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Gensis,
Why would anyone want to believe the truth when they receive the redistribution of the wealth by believing something else. What so many fail to see is that the rich do redistribute the wealth by hiring and buying, by spending and building, and by financing other endeavours of those who have a dream. People who desire take a risk can usually make a living because roughly 20% of the population would rather buy something other than a particular brand of anything. That is a whale of a market. But why would a grasshopper want to work if the "gubernment" will simply take away to winter storage of the ant and give it to them. At every angle you look, it appears to be stealing to everyone who works, but redistribution of wealth to those who think they have a right to everybody else's pocketbook. Envy, greed, and laziness create the cause for which redistribution is sought. Peace, LcJ |
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Latest blog entry: Own your own - What it means
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Only 1.6% of government expenditures go directly to AFDC (More commonly known as "Welfare") Even with all the after school programs, foodstamps, headstart programs, and every other "Free ride" that the Government provides to those Americans living under the poverty line, we are still only talking about less that ten percent of the federal budget.
Hardly a mass distribution of wealth. Here's a neat fact. The maximum tax rate bracket during WWII was in excess of 85%. Last year the top 13,000 wealthiest Americans paid an average of only 11% in federal income tax. My heart bleads for them, while I pay my 27%. Boo Hoo. The only possible legitimate complaint about federaly funded social services is that social services are arguably not the purvue of the Federal Government according to the Constitution. |
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Logan5 |
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Last edited by logan5; Jul 01, 2004 at 11:43 AM.
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Joined May 2000
8,525 Posts
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Quote:
I don't believe in that... I don't believe in the graduated system. It is discrimination based on wealth... and I know many will say "but they don't need all that money"... SO WHAT. It's not what they need.. it's THEIR money, they can do with it as they want... the government has no right to take more from them because 'they don't need all of it'. That's a BS excuse. Paul |
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Joined Feb 2002
1,890 Posts
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If you want to go into tax policy you need to really consider sales taxes, property taxes, state taxes, Social Security (really a tax since it by definition is not ever spent on the person who contributes) and so on.
By any reasonable definition, the tax system in the U.S. is massively unfair and regressive. The wealthy (those making say over $200,000 per year) pay a lower portion of their incomes in taxes than lower brackets. Percentage of income paid is the acid test of fairness, and our system fails spectacularly. |
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Joined May 2000
8,525 Posts
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The 'wealthy' pay a lesser percent because of shelters and loopholes.... they have enough money to get out of paying loads of stuff...
That's why I think a flat tax, no exemptions would be a much better and more fair system... you know, A. How much income do you have. B. Multiply amount in A by x %... you owe this much. Paul |
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Joined Feb 2002
1,890 Posts
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Gerald, I hesitate to reply to you because in our modeling discussions you are the master and I am the humble student.
However...please consider the implications of your tax proposal. It would have the impact of making the less wealthy pay more than they do now and the very rich even richer. Fairness aside, my own take on history is that societies that foster a ruling class are deposed in a revolution at some point. I.e. too much regressive taxation is bad policy. The U.S. Congress knows this and is a marvel of duplicity. They literally have it both ways. They pass progressive tax legislation then create loopholes, exemtpitions etc. so it's really in fact regressive. If the little red hen is a small business owner, she gets hammered. If she gets really big, she does very well. |
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Last edited by 4 Scale; Jul 01, 2004 at 12:03 PM.
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