This thread is about bigger and bigger government.
We need bigger and bigger deficits. More and more taxation of the evil rich. Bigger and bigger government programs.
ANd when we have taken all the money from the rich...than we have to start printing even more money and more and more...
Praise be the One...the Krugman. He will deliver us from the evils of free enterprise and small governments.
Let us go forth and prey at our temple...the temple where no amount of money 'printing' is too great.
Let us hold hands, cast out the evil rich and those sinners who have lost their way and believe in balancing books. Let us walk together to the promised land.
To...The Federal Reserve!!!
Last edited by DA60; 12-31-16 at 08:19 AM.
'What kind of sick and twisted toy factory is this?'
'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
"Better to be dead and cool, than alive and uncool."
What a uniquely liberal argument. Income "escaping" taxation is a bad or morally wrong thing. To answer a question asked, yes, I'd much rather my children grow up here where they get to keep more of what they earn. Seriously, who should be charged with the right to decide how much wealth a person should be allowed to have? The government? In what world is that a good idea?
Why should someone pay 10X for citizenship benefits that are no greater than what someone who pays almost no federal taxes gets?
We've been through the trauma of Communism where everyone had (more or less) the same salary. And the demise of Communism we thought it was a victory for the West - that is, the right to become super-rich?
Nope - not in nanosecond.
Salaries must not be all the same. And neither should taxation of salaries. But that is precisely the fact above $100K per year.
Taxation - Total Effective Tax Rates (US) 2014.jpg.
And the payroll tax is even worse:
Taxation - Effective Payroll Taxation.jpg
Enough is enough. Taxation is what builds riches, much more than "hard work".
Last edited by Lafayette; 12-31-16 at 10:01 AM.
Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob and degrade them; then neither persons nor property will be safe. (Frederick Douglass)
no taxation whatsoever would probably mean anarchy. so to a certain point that phrase is right. but right now the top one percent make less than 20% of the income yet pay almost 40% of the progressive Federal income tax and when you throw on top of that, the death tax, its even higher. Far too much. we have too much government because too many people aren't paying enough for it to stop wanting it
Apparently somewhat unique in the developed world, the basic operative principle in the United States is belief in people, rather than dependence on Government Agency to define the limits of human endeavor.
Of note, however, is the failure to include other methods of government revenue generation not included in calculations. Not unexpected from a far left Progressive operation like the Tax Policy Center who would promote such a limited information analysis.
President Donald J Trump, 45th President of the United States of America. A victory born in the hearts and minds of Everyday Americans
one of the big lies we see from wealth vandals on the left is using the "payroll" tax's" lack of progression to argue income tax ought to be more progressive. The payroll tax is essentially forced insurance payments and the cap on higher salaries also means a cap on benefits. . My car insurance is a far lower component of my expenses than someone making 100K a year as well but if I pay the same premiums, I probably have the same coverage as a similarly situated driver with less income. The wealth vandals think that every possible tax-be it a license plate tax to a sales tax ought to be higher for the rich so they combine taxes never intended to be progressive to create a total tax bill that they claim is not progressive enough and needs to be offset with even higher rates of income tax on the rich. Its incredibly dishonest. they also ignore the fact that life's expenses are regressive and yet they think taxes ought to make up for that.
Finally, many of the "taxes" that the poor pay are paid with money we net tax payers give them.