Aw, geez
mysteryman wrote:Cycloptichorn wrote:EmilyGreen wrote:Cycloptichorn -
More money is just more money. If you don't have people in office that will distribute it properly, then its pointless.
And taxing the wealthy a higher percentage is just punishing people for working hard. The fair tax is a consumer based tax - poor people buy less and will pay fewer taxes, and the wealthy buy more and will pay more taxes... this is different because its their choice to buy more, and pay more taxes. Of course, there's a bit more to it than that, but not much.
Punishing people for working hard.
That's rich!
At the end of the day, even with high taxes, the rich still live an absolute life of luxury and extravagence compared to pretty much everyone else. I'm not too concerned about the 'punishment' that they are getting.
Cycloptichorn
So what you are actually saying is that you think the taxes on the rich should be raised because you envy them.
You seem to be saying that "if you cant have it,then neither should they".
You aqre getting dangerously close to "class envy", instead of recognizing that many of the "rich" have worked and bled to get where they are.
THey havent gotten where they are by handouts, they have worked for it.
Bill Gates started his business in a garage, yet he is now one of the richest people on the planet.
Do you think he should give up what he has, just because you dont have it?
Heres some advice...If you want to be rich, you gotta work for it.
It's not
envy. Why would I envy a rich guy? Why do you assume that it's envy?
It's need. Our country can't pay our bills without higher taxes. And don't give me any bullsh*t about that being the Dems' fault. As you know the Republicans spend money like water as well. We're at the point where you won't realize a reduction in debt without a reduction in spending AND raising taxes.
Quote:Raising taxes will have the direct effect of bringing in more money, which goes to paying the debts. It's not a complicated subject.
The Fair Tax is just another method of keeping the rich, rich. I favor progressive taxation which makes the wealthy pay far higher percentages then anyone else.
Cycloptichorn
And lowering taxes has been PROVEN to mean an increase in revenue to the govt.
EVERY time taxes have been cut, more money has gone into the treasury.
We all know that if the dems raise taxes,they will increase spending $5 for every $1 they raise taxes.
They have always done that.[/quote]
I don't believe you are correct that lower taxes mean an increase in revenues. In fact, I'm pretty sure that you are incorrect about that one. What you see when you cut taxes is a decrease in revenues, and then an increase from that decreased point. But the revenues would have increased anyways from a higher original point without the tax cuts.
Look, let me show you:
Note how the graph shows you the 'largest tax revenue increase on record.' But it doesn't mention the largest tax revenue
decrease on record just a few years before; by a huge factor, if the graph is to be believed.
The net effect of the 'increase' isn't that great, however; revenues haven't significantly risen from the pre-tax cut period. And, what's more, our spending has gone through the roof, the government has balooned in size considerably, and we're stuck in a war which - if your party gets their way - will cost us at least another 1/2 trillion dollars to win. So it came at a particularly bad time, and cost us tons of money which could have been used to fund this war and start paying down the debts.
Cycloptichorn