Quote from Gabfly1:
It is not enough for you that in recent years the rich have been paying less in taxes than they have in decades? The party should continue while everyone else should just look forward to erosion of services and benefits? Well, aren't you special.
This sums it up nicely. The rich have "been paying less" and that's all that matters. The politics of envy.
As for paying less in taxes, which rich are we talking about? A few privileged Wall Street types, or the successful small businessman who makes $300K a year? Are you sure they're paying less taxes than prior decades? Did you take into consideration big increases in state/local taxes, as well as those for gasoline, alcohol, tobacco, property, excise/user fees, import taxes, etc.? You also have higher costs for health care as providers have to recover undercompensation from Medicare (i.e, a hidden tax--we would have to fund even more than we do now to avoid this). And for food of all sorts as land is used to grow ethanol for gov't incentives. There are dozens if not hundreds of other examples. In addition, there were write-offs and loopholes in past decades that are now gone. Practically no one really paid the exorbitant rates you hear about.
So we all pay for hidden taxes, much more than we used to. Some end up being regressive, which I oppose as much as progressive taxes. But to simply say "the rich have been paying less in taxes than they have in decades" is an asinine blanket statement if I ever heard one.
No wonder Obama had so many drones mindlessly chanting "Yes we can (get more handouts!)" as he spouted out his dime store class warfare venom. I'd expect people on a trading site to be smart enough not to fall for that. Unfortunately, we seem to have many here who are more worried about punishing successful achiever than they are about trading or anything else that could improve their lot in life.
