correct, a tax cut is not a transfer.If I said "We'll eliminate FICA" = Not a wealth transfer.
tax cuts are not spending items...outlays are.Yeah, now we have massive unfunded spending, but I guess we just kick that can indefinitely down the road never paying it?
citizens pay less in capital gains taxes.What do you think happens when you reduce taxes on capital gains?
cutting an outlay would be good advise, or maybe don't cut the tax in the first place.... but what you cannot do is conflate taxes and outlays, they are not the sameAre we supposed to just increase the size of the the national debt with no intention to ever pay?
no, you didn't transfer anything.. you confiscated less money from the rich folks, that's it.If you have a plan for us to eventually pay it, you've transferred wealth from those who will eventually pay it to the rich guys you just gave a nice tax cut to
by "make up lost tax revenue" i guess you mean a tax increase..correct?If you plan to have other taxpayers make up the lost tax revenue you've still taken money from others.
interesting.. so paying less in taxes harms someone else... ok, but why did you only include the rich in on that?... would it not be true of anyone in any tax bracket?How do you reduce taxes on the rich without ... doing something else that harms someone else?
no, rich folks cab be beneficiaries of redistribution too... just not like you are arguing here.I guess it's only a "wealth redistribution" when the benefit isn't to the rich. If it goes to the rich, we'll call it "trickle down"!
listen, a rich guy ending up with more of his own money after tax day is not, nor will it ever be, wealth redistribution... it's his money. there has been no transfer... the government taking less of his money is not the same as giving the rich guy someones else's money.
This thread is pathetic.
We have a thread title that asks if you think Obama wants to redistribute wealth. So...what do people talk about? The definition of "redistribute wealth". What a waste of time.
Obama, himself, has stated that he wants to redistribute wealth. Why is there a question at all?
Even his Health Czar wants redistribution of wealth:
Now...if y'all insist on talking about the definition of "redistribute wealth", then I refer you to that great economist and thinker: Milton Freidman