Advocate wrote:
...
HERE IS AN EXAMPLE: A FMAILY MAKING 20 K CAN BARELY GET BY, AND WOULD NOT BE ABLE TO PAY 20% IN TAXES. A PERSON MAKING A MILLION WOULD NOT BE ADVERSELY AFFECTED IF HE HAD TO PAY 200K. HE WOULD STILL BE LIVING LIKE A KING.
20% of $20,000 = $4,000.
20% of $1,000,000 = $200,000.
The more wealthy do not spend the same percentage of their income as the less wealthy. Instead they invest their surplus income, thereby creating more opportunity for the less wealthy to become more wealthy.
If entitlements were cut in half to balance the budget
and reduce the income tax rate to 10%, then the less wealthy would have even more opportunity to become more wealthy.
10% of $20,000 = $2,000.
10% of $1,000,000 = $100,000.
This isn't just theory. The Kennedy tax cuts, and the Reagan tax cuts, as well as the Bush tax cuts, while much smaller than a 50% reduction, allowed and are again allowing everyone to keep more of their income, with the previously observed and again observable results that our economy grew and is again growing, while the economies of other countries with higher taxes on the more wealthy are at best stagnant and at worst shrinking.
Note that the US economy Clinton inherited was growing until the beginning of the last year of his second term. Then it began to shrink. It began to shrink less than 18 months after Clinton's tax increase. Bush inherited the result of Clinton's tax increase and rectified it with a tax decrease. The consequent economic turn around began less than 18 months after Bush's tax decrease.
So the truly most effective way to obtain greater wealth is to earn it and not try to get the governent to steal it for you. The best way to ameliorate one's envy of others is not to reduce them to your level. The best way to ameliorate one's envy of others is to work to emulate them and thereby increase your level.
Ican writes
Quote:So the truly most effective way to obtain greater wealth is to earn it and not try to get the governent to steal it for you. The best way to ameliorate one's envy of others is not to reduce them to your level. The best way to ameliorate one's envy of others is to work to emulate them and thereby increase your level.
This is quite true. Something else to take into account is how policy affects behavior. Make the policy less attractive/beneficial for the the wealthy and voila, they immediately utilize tax shelters and other means to mitigate the damage. And immediately they spend less here, do less business expansion which means fewer jobs, give less to charities and foundations reducing real benefits to the poor, have less to fund hospitals and museums and the arts and universities which diminishes the quality of life for us all. Make the policies punitive enough and you chase even more jobs out of the country with corresponding negative impact on everybody.
I my opinion, you cannot enrich the poor by tearing down the rich. To try will invariably decrease opportunities for the poor and increase their ranks. It is a rare poor man who can create a job for somebody else.
I say let's vote in people who understand this, who will keep the economy strong and growing and unemployment in check by keeping taxes low and who will make the President's tax cuts permanent. It is the right thing to do for everybody.
Give the working class guy a bit more money and he will create wealth. He will spend it all in this country, helping business, which in turn employs more people. Paris Hilton will spend a lot of money abroad and hide income and assets in the Cayman Islands. The Mellon and Walmart heirs spend a lot of money, but squirrel a lot away for their heirs.
You should take a look at Latin America and you will see our future.
The motto of the foxfyre republican (although she calls herself a small l libertarian) is
"Always kick a man when he is down; it gives him incentive to get up."
For Bush, Fox, and the other Reps, the working man can just drop dead. They love poverty for the less wealthy because this produces cheap labor.
Bush and company are paying to build roads in Iraq and Afghan. How can I get Bush to invade my state?
I guess I should love our Republican politicians. The lobbyists certainly do.
> >>Mark Their Names
> >>
> >>
> >>by Garrison Keillor
> >>Tribune Media Services - October 3, 2006
> >>
> >>I would not send my college kid off for a semester abroad if I were you.
> >>Last week, we suspended human rights in America, and what goes around
comes
> >>around. Ixnay habeas corpus.
> >>
> >>The U.S. Senate, in all its splendor and majesty, has decided that an
"enemy
> >>combatant" is any non-citizen whom the president says is an enemy
combatant,
> >>including your Korean greengrocer or your Swedish grandmother or your
Czech
> >>au pair, and can be arrested and held for as long as authorities wish
> >>without any right of appeal to a court of law to examine the matter.
> >>
> >>If your college kid were to be arrested in Bangkok or Cairo, suspected
of
> >>"crimes against the state" and held in prison, you'd assume that an
American
> >>foreign service officer would be able to speak to your kid and arrange
for a
> >>lawyer, but this may not be true anymore. Be forewarned.
> >>
> >>The Senate also decided it's up to the president to decide whether it's
okay
> >>to make these enemies stand naked in cold rooms for a couple days in
> >>blinding light and be beaten by interrogators.
> >>
> >>This is now purely a bureaucratic matter: The plenipotentiary stamps the
> >>file "enemy combatants" and throws the poor shnooks into prison and at
his
> >>leisure he tries them by any sort of kangaroo court he wishes to
assemble
> >>and they have no right to see the evidence against them, and there is no
> >>appeal.
> >>
> >>This was passed by 65 senators and will now be signed by Mr. Bush, put
into
> >>effect, and in due course be thrown out by the courts.
> >>
> >>None of the men and women who voted for this bill has any right to
speak in
> >>public about the rule of law anymore, or to take a high moral view of
the
> >>Third Reich, or to wax poetic about the American Idea.
> >>
> >>Mark their names: Alexander, Allard, Allen, Bennett, Bond, Brownback,
> >>Bunning, Burns, Burr, Carper, Chambliss, Coburn, Cochran, Coleman,
Collins,
> >>Cornyn, Craig, Crapo, DeMint, DeWine, Dole, Domenici, Ensign, Enzi,
Frist,
> >>Graham, Grassley, Gregg, Hagel, Hatch, Hutchison, Imhofe, Isakson,
Johnson,
> >>Kyl, Landrieu, Lautenberg, Lieberman, Lott, Lugar, Martinez, McCain,
> >>McConnell, Menendez, Murkowski, Nelson of Florida, Nelson of Nebraska,
> >>Pryor, Roberts, Rockefeller, Salazar, Santorum, Sessions, Shelby, Smith,
> >>Specter, Stabenow, Stevens, Sununu, Talent, Thomas, Thune, Vitter,
> >>Voinovich, Warner.
> >>
> >>To paraphrase Sir Walter Scott: Mark their names and mark them well. For
> >>them, no minstrel raptures swell. High though their titles, proud their
> >>name, boundless their wealth as wish can claim, these wretched figures
shall
> >>go down to the vile dust from whence they sprung, unwept, unhonored, and
> >>unsung.
> >>
> >>Three Republican senators made a show of opposing the bill and after
they'd
> >>collected all the praise they could get, they quickly folded. Why be a
hero
> >>when you can be fairly sure that the Supreme Court will dispose of this
> >>piece of garbage.
> >>
> >>If, however, the Court does not, then our country has taken a step
toward
> >>totalitarianism. If the government can round up someone and never be
> >>required to explain why, then it's no longer the United States of
America as
> >>you and I always understood it.
> >>
> >>Our enemies have succeeded beyond their wildest dreams. They have made
us
> >>become like them.
> >>
> >>I got some insight recently into who supports torture when I went down
to
> >>Dallas to speak at Highland Park Methodist Church.
> >>
> >>It was spooky. I walked in, was met by two burly security men with
> >>walkie-talkies, and within 10 minutes was told by three people that
this was
> >>the Bushes' church and that it would be better if I didn't talk about
> >>politics.
> >>
> >>I was there on a book tour for "Homegrown Democrat" but they thought it
> >>better if I didn't mention it. So I tried to make light of it: I told
the
> >>audience, "I don't need to talk politics. I have no need even to be
> >>interested in politics - I'm a citizen, I have plenty of money and my
> >>grandsons are at least 12 years away from being eligible for military
> >>service." And the audience applauded! Those were their sentiments
exactly.
> >>We've got ours, and who cares?
> >>
> >>The Methodists of Dallas can be fairly sure that none of them will be
> >>snatched off the streets, flown to Guantánamo, stripped naked, forced to
> >>stand for 48 hours in a freezing room with deafening noise, so why
should
> >>they worry? It's only the Jews who are in danger, and the homosexuals
and
> >>gypsies. The Christians are doing just fine.
> >>
> >>If you can't trust a Methodist with absolute power to arrest people and
not
> >>have to say why, then whom can you trust?
>
>
>
> >>Garrison Keillor is the host of the American public-radio show "A
Prairie
> >>Home Companion." This article was distributed by Tribune Media Services
> >>International.
> >>
> >>
Why does Garrison Keillor hate America?
blatham wrote:Why does Garrison Keillor hate America?
He can't help himself, he is a Lutheran.
Walter Hinteler wrote:Possum wrote:There are better people to expose the rot in the White House. Everyone in Canada knows that Keillor is a pederast. Try Woodward instead of Keillor.
pederast/lutheran, same thing. The bigger question is why does Possum hate america?
BATON ROUGE, La. - The Louisiana Democratic Party turned down eight-term U.S. Rep. William Jefferson (news, bio, voting record) on Saturday and endorsed state Rep. Karen Carter, one of a dozen challengers who emerged after Jefferson became the target of a federal bribery investigation.
The State Central Committee's 69-53 vote, at a special meeting to decide whom to endorse in Louisiana's open primaries Nov. 7, was the first time in recent memory that an incumbent had failed to win the state party's endorsement.
All seven of the state's congressional seats are open.
Jefferson denies the bribery allegations and has not been charged. A former Jefferson aide and a Kentucky businessman have pleaded guilty in an alleged scheme to get kickbacks for helping the businessman get contracts in Africa
You can't say that about Keillor. He is more American than apple pie.
"Why does Garrison Keillor hate America?
He can't help himself, he is a Lutheran. "
doesn't he also have norwegian ancestors ?
that would count as two strikes against him !
hbg
ps. the norwegian government :
Norway's present government is Mr. Jens Stoltenberg's second government. It was appointed by King Harald V on 17 October 2005. It is a majority government representing the Labour Party, the Socialist Left Party and the Centre Party.
labour , socialist left - are we all going to the dogs ?
If you think we are going to the dogs, check out the Socialist mish-mash in Hungary. The PM there admitted lying about finances in order to run the government. A worthy on these sites named Nimh is very quick to excoriate the richest and most successful country in the world--the USA and to attempt to show that he knows all about American Politics( he doesn't) but he cannot even get his little tin pot Socialistic crap country in line--Hungary.
MarionT wrote:If you think we are going to the dogs, check out the Socialist mish-mash in Hungary. The PM there admitted lying about finances in order to run the government. A worthy on these sites named Nimh is very quick to excoriate the richest and most successful country in the world--the USA and to attempt to show that he knows all about American Politics( he doesn't) but he cannot even get his little tin pot Socialistic crap country in line--Hungary.
Possum, I do believe you would be an excellent ambassador to the UN for the Sudan.
Geeze, Dys . . . Sudan has a government of vicious, murderous zealots, but i wouldn't go that far to insult them.
MarionT wrote:A worthy on these sites named Nimh is very quick to excoriate the richest and most successful country in the world--the USA and to attempt to show that he knows all about American Politics( he doesn't) but he cannot even get his little tin pot Socialistic crap country in line--Hungary.
No somehow I have failed so far to get this country "in line".. They wont listen to me, the bastids... obviously dont respect my authority as leader and oracle yet.
But someday, someday ... <throws head in neck and laughs, bwahahahaha>
In the meantime I'll just continue excoriating whatever I feel is wrong about Hungary, the Netherlands, the US and whatever other country happens to come up in conversation... and praise what is good.
Marion, unfortunately, will more likely fall in the former category.
Another GOP blowhard, Curt Weldom, is in some trouble, and may damage his reelection chances. He is being investigated for using his influence to steer lobbying and other work to his daughter's firm.
http://articles.news.aol.com/news/_a/report-says-fbi-probing-gop-lawmaker/20061014174809990001?_mpc=news%2e10%2e1&cid=842