"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
Can anyone else see that many of the stalwart posters here believe exactly the same thing?
“In politics, stupidity is not a handicap.” -Napoleon
Progressive taxation was originally discussed by Adam Smith.
The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
"Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911
The Republicans cannot do that on their own. Just like they couldn't do it on their own in 2010. The Democrats and Obama would have to sign off, too. Just like they did in 2010.
So it is a little puzzling how this tax cut extension topic is now just a GOP thingy....?