Class Warfare!
TheKindCromang
1,463 Posts
Bring it
TheKindCromang
1,463 Posts
Comments
$1.5 trillion in new taxes = $1.5 trillion less in salaries.
Anyone who thinks that the "rich" people who will pay these new taxes won't make counter moves to make sure they don't lose a penny at their end is fooling themselves.
But that doesn't mean it shouldn't be brought under public scrutiny.
Your statement is pure supposition. If you look at actual effective tax rates on rich folks as per yesterday's NYT, you will see that in fact rich folks are paying considerably less than they were 30 years ago. On top of that, those rates did not correlate with lesser job growth. Of course, one need only compare tax rates and employment in the clinton era vs Bush/Obama to see that you would make the exact opposite case to yours. Welcome to the wonderful world of evidence.
If only this were true. The inverse, of course, would be the lowering of taxes = an equal amount in the raising of salaries. Where are the jobs that were supposed to be create due to GWB/GOP's two (that's 1,2) tax cuts in 2001 and 2003? They're in China and India. Personal income tax rates (at least at the levels here in the US) have little to do with job creation.
The rich made moves to ensure that their wealth increased after the Bush tax cuts, and did nothing to improve the economy for the rest of us. Anyone who thinks otherwise is fooling themselves. The rich ALWAYS look out for themselves.
Let me add that I favor a small income tax increase on some of the middle class, also.
But if they have to pay taxes they will stop being nice.
Besides, 1/2 of the people don't even pay income taxes. Lets tax them first.
Exactly.
Class warfare aside, do you think that billionaires deserve to pay less in taxes than you?
Curious to hear what you believe the "real" problems are in this country
(a growing chasm between the wealthy and the poor not being one of them?)
I'm not sure I fully understand this. If your country carries on the way it is, both rich and poor will suffer in exactly the same way? So, those who are currently wealthy will drop to the same standard of living as the poor, or lower? Or when you say "fucked" do you mean in relative terms?
The real problem in our country is our political system and the thread title is a perfect example of that problem. All this shit does is shift blame here and there without addressing issues.
If this is where things are headed, isn't it in everyone's benefit to support a system where everyone can enjoy the same quality of life?
So how de we do it? What needs to change?
Which is why a flat tax is a bad idea. The more progressive the tax system the more it encourages social (and more importantly) income mobility.
So we agree. "Class Warfare" gets people's attention and actually solving the problems of the world gets crickets.
I think we're fucked!