Quote from 5yrtrader:
Actually America has one of the lowest overall tax rates in the developed (and even developing world)(see link). Its amazing how heartless people can be, I have no problem giving some of my income away to help my fellow person and think that we should give more away.
http://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP
We are the most advanced and wealthy "society" the world has ever scene. The way we stay rich is by working with others not by striking out selfishly on our own. See "tragedy of the commons"
I agree with the posters that said things like, think of it as a payment to live in a safe society.
Many conservatives and capitalists hated (and hate) FDR for his "socialist" ideas and programs; but I believe that those socialist programs are the reason we aren't a communist country. Ask if you want more of an explanation.
In the 1950's the richest were paying 90% tax rates on income earned over $400K, thatâs high, what you pay now is nothing, even if they raise it a little. Does a 4% tax on the upper portion of your income really change your life style much?
5yr
I am sorry but did you eat paint chips as a kid?? I am not kidding...
Our economy is circling the drain and you want MORE money pissed away??
Medicare is about to give us a 70+ trillion dollar bill. SS is about to go into a negative cash flow meaning the treasury will have to borrow money at real market rates and we already spend over 11% of the budget on interest payments.
This is simple and as basic as it gets with economics. If you give people incentive not to work guess what ....they dont work and they become baby factories that produce more of the same. Then the bleading hearts will sell the next BS handout with the old "the children will suffer if you dont give away 30% of your income"
Well its a line of shit and if people can get past the emotion and look at the facts they are clear. The war on poverty that Johnson started hasn't done a damm thing to help but has done a whole lot to hurt. These programs cost money and they cost a lot of money.
While your sitting there thinking that OTHERS should give more of their money to these bums let me remind you of some facts about the average "POOR" person in the US.
owns a car
owns a TV and VCR
Owns and has a phone
has cable service
has air conditioning
has heat during the winter
has food (show me one person who has starved to death in this country due to being denied food)
OWNS THE HOUSE THEY LIVE IN
works less than 20 hours per week
has a higher than average amount of children.
These are not my thoughts this is from the government itself.
food stamps
WIC
housing assistance
energy assistance
welfare
other than SS no tax on income
child health care provided by the working people
you better start learning to speak chinese because as someone who goes to asia a lot I can tell you that they dont give a shit if you feel good about poor people. they are going to work you for as little as possible and take all our wealth that they can as we raise the minimum wage and tax the productive to the point where the french call us liberal.
read a book on economics and read whats coming out of the GAO from Washington and see if you still want to borrow more money to provide that AC for the unproductive leaches and the "feel sorry for me I didn't plan past yesterday when I was drinking"