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Thread: Rich-Poor gap widening

  1. #181
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    Re: Rich-Poor gap widening

    You forgot the second part: Rich-poor gap widening, Republicans angry that it's not wider.

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    Re: Rich-Poor gap widening

    Quote Originally Posted by Grant View Post
    At one time a man with a regular job could work and support a family because his taxes were low. In the late 1940's only about 10% of his income was sent to the government. Today it is almost impossible for a regular working man to support a family because he has to work almost half the year for the government and the remainder for his family.

    It naturally follows that because of the high cost of government the working class is going to suffer, and their incomes shrink.

    Instead of making "the rich" pay more taxes people should encourage less government spending. That would put more money in the pockets of the people and the middle class will be more able to recover. But with government spending trillions of dollars each year someone is going to have to pay, and its the rich who have the tax lawyers, not the working class.

    The simple fact of the matter is that government has become far too expensive, and people just can't afford it, rich and poor. What happens when the rich are no longer there to foot the bills?
    1. No one, rich nor poor, have to work almost 1/2 the year to pay taxes. All in taxes to most people are in the 20-35% level.
    2. The fundamental problem we have right now is the fantasy that we can solve our budget problem cutting government expenditures. In fact, there is a very good argument that for every dollar cut in government expenditures we will cut tax revenue by a multiple greater than the cut, likely magnifying the problem. (cutting government expenses will directly cut government jobs plus the jobs in the private sector that provide direct and tangential products and services... this will increase unemployment and reduce tax revenues). This over-simplified populist approach to our economy is nothing short of madness.

    1/3 of our current budget deficit is the slow economy. US tax collections fell from $2.5T in 2008 to $2.1T in 2009. Had the economy not gone into recession, tax receipts right now would be about $3.0T

  3. #183
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    Re: Rich-Poor gap widening

    Quote Originally Posted by whysoserious View Post
    Even Reagen knew his initial tax cuts went too far. Trickle-down economics has been proven false time and time again. Not to mention, it's just common sense. When people make money, they don't give it away, they invest it so that they can make more money with it.
    Really? That's not what the facts demonstrate, the facts demonstrate the progressives have taxed the hell out the successful people in the United States and rewarded the slothful to the tune of wasting some 15.9 trillion dollars over the past few decades with the expectation of spending another 10.3 trillion more on such waste in the next decade, on welfare alone....and even with all the collected and wasted taxes the democrats have relegated one in every seven US CITIZENS into becoming nothing more than continual generational welfare recipients to act as a perpetual base for their political power, just like they use the unions to laundry TAX MONEY. Why has the poverty index went to well over 15% over the last few years (the greatest in US HISTORY) from the time that 1.5 trillion dollars has been wasted? And why the demand to spend another 10.3 Trillion on welfare alone over the next decade....IF the intention is have more middle class people and less poverty?

    This is nothing but Marxist jealousy. Just like Marx figured out there is one constant truism that is universal to human nature, the less successful always have a natural envy and resentment of the more successful, and second there is political power in numbers, and there are countless gullible pawns that are duped into believing they are getting something for nothing but in reality are selling their souls for the right to remain in poverty, right down on the new virtual plantations...keeping the wealthy elite new england blue bloods in political power.

    In a system of capitalism there is no one that is born into that system that will BE mandated to remain in that social status as capitalism allows the freedom to move about social status' and positions depending upon the drive and desire generated by one's work ethic. Some of the most powerful and wealthiest people in the United States were born poor and had no formal education whatsoever. The truth is the more millionaires and billionaires that are produced by this system, its simply a tribute to the successful nature of this system that offers the only true FREEDOM to be found on earth as everything is based on Freewill and not governmental mandates.

    The democrats have found success in using the same tactics that Marx used, pitting the lower class society (Proletariat) against the supposed elite (Bourgeois)...in this case, THOSE EVIL RICH BASTARDS and CORPORATIONS. Just look at the public service teachers in Wisconsin...they have been brainwashed with the Class Warfare bull**** so long they are continuing to act as if they are striking against some FAT CAT evil Billionaires Club instead of their neighboring TAX PAYERS whom they work for....they can't get off the same old record, its the RICH against the POOR...yada, yada, yada. Its a shameful joke...to even think that gullible idiots such as these are actually charged with teaching our children. Its no wonder there is no CRITICAL THINKING in reasoned logic going on in this nation...if this is what our children are learning in the class rooms.

    Obama to Spend $10.3 Trillion on Welfare: Uncovering the Full Cost of Means-Tested Welfare or Aid to the Poor | The Heritage Foundation
    Last edited by Walter; 03-01-11 at 03:49 AM.

  4. #184
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    Re: Rich-Poor gap widening

    Quote Originally Posted by apdst View Post
    Believe that...
    You make quite the case!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  5. #185
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    Re: Rich-Poor gap widening

    Quote Originally Posted by upsideguy View Post
    1. No one, rich nor poor, have to work almost 1/2 the year to pay taxes. All in taxes to most people are in the 20-35% level.
    2. The fundamental problem we have right now is the fantasy that we can solve our budget problem cutting government expenditures. In fact, there is a very good argument that for every dollar cut in government expenditures we will cut tax revenue by a multiple greater than the cut, likely magnifying the problem. (cutting government expenses will directly cut government jobs plus the jobs in the private sector that provide direct and tangential products and services... this will increase unemployment and reduce tax revenues). This over-simplified populist approach to our economy is nothing short of madness.

    1/3 of our current budget deficit is the slow economy. US tax collections fell from $2.5T in 2008 to $2.1T in 2009. Had the economy not gone into recession, tax receipts right now would be about $3.0T
    So, if the government wasn't killing jobs, we would be in much better shape?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  6. #186
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    Re: Rich-Poor gap widening

    Quote Originally Posted by Troubadour View Post
    You forgot the second part: Rich-poor gap widening, Republicans angry that it's not wider.
    that's really stupid and has no basis in fact



  7. #187
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    Re: Rich-Poor gap widening

    Quote Originally Posted by TurtleDude View Post
    that's really stupid and has no basis in fact
    you prove it with almost every post you make
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  8. #188
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    Re: Rich-Poor gap widening

    How are tax hikes on the rich going to close gap between rich and poor?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  9. #189
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    Re: Rich-Poor gap widening

    Quote Originally Posted by apdst View Post
    How are tax hikes on the rich going to close gap between rich and poor?
    let's see if i can use an intentionally simple analogy to make it evident

    you and i go to lunch, and you pick up the tab because you can afford it much better than i
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  10. #190
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    Re: Rich-Poor gap widening

    Quote Originally Posted by justabubba View Post
    let's see if i can use an intentionally simple analogy to make it evident

    you and i go to lunch, and you pick up the tab because you can afford it much better than i
    So, you wanna close the gap with more government handouts?

    I think I'll just use my own gumption and make it on my own. If the government will get the **** out of the way, that is.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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