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I agree. It's capitalism versus socialism. Socialism seems preferrable these days.
For the life of me, I will never understand the opposing viewpoint. I will never understand the desire of many who want people who earn money to pay a higher % in taxes. It's punishing achievement. But parallels can be drawn. Witness the recent bailout. People who have made poor decisions were rewarded. Persons like myself, who chose to buy a modest home, save money for retirement (in the form of 401k) instead of indulging, have been punished.
When you have a majority that favor government confiscating money from one citizen, and give it to another citizen, you are sowing the seeds for future tyrannical rule.
How about those that are for it have Uncle Sam simply take more out of THEIR paychecks each month. You wanna support others besides yourself, go for it. Those of us that are probably paying enough taxes every year to support 2-3 (or more) families are pretty damn tired of it.
Socialism seems to be the worst thing that could plague America until the "fat cats" need bailing out. It's about time that instead of raping the economy of the country, these same "fat cats" were made to repay some of their increadibly high tax free earnings. When you earn over $250,000 there are many tax incentives that stop you paying full tax anyway.
Socialism seems to be the worst thing that could plague America until the "fat cats" need bailing out. It's about time that instead of raping the economy of the country, these same "fat cats" were made to repay some of their increadibly high tax free earnings. When you earn over $250,000 there are many tax incentives that stop you paying full tax anyway.
yeah, they love to throw around words like "socialism" and "communism". Usually it applies to any attempt to help the poor.
And how do you think the poor will be helped? How have the poor been helped by decades of handouts already paid? Do we have fewer poor people now? Why not? How much money do you think needs to change hands to make it fair?
I have asked already and no one has answered....If BO is so interested in spreading the wealth, helping the poor (and his running mate too) why is it they have given less to charity (combined) over the last 10 years than my hardworking family when we earn considerably less?
What is their justification for doing so little and yet railing to raise taxes when some of us are doing so much more already? They ought to put THEIR OWN MONEY where their mouth is before suggesting anyone else ought to pay more in taxes.
And how do you think the poor will be helped? How have the poor been helped by decades of handouts already paid? Do we have fewer poor people now? Why not? How much money do you think needs to change hands to make it fair?
I have asked already and no one has answered....If BO is so interested in spreading the wealth, helping the poor (and his running mate too) why is it they have given less to charity (combined) over the last 10 years than my hardworking family when we earn considerably less?
What is their justification for doing so little and yet railing to raise taxes when some of us are doing so much more already? They ought to put THEIR OWN MONEY where their mouth is before suggesting anyone else ought to pay more in taxes.
Maybe some people give in other ways than just money. Like with their time.
Also, no matter who gets elected, Americans are probably going to see their tax burdens increase until the budget gets on track to be balanced again. That's one area where I think McCain and Obama (whichever) are going to end up backtracking after the election.
How do we simultaneously pay down the Federal Debt and take in less revenue? We've all seen that cutting rates, rebate checks and tax credits did nothing to stimulate the economy long-term. It only created precarious bubbles and exploding household debt. So the theory that cutting taxes will grow revenue turned out to be untrue. Actually, the key to that is "cutting taxes when they are HIGH will create economic growth". Bush cut taxes that weren't high. He cut low taxes lower.
Be prepared to pay more taxes next year than you did last. And the next, and the next.... Parties over said the girl!! But it's either that or watch the Federal government become insolvent.
yeah, they love to throw around words like "socialism" and "communism". Usually it applies to any attempt to help the poor.
Montclair,
Capitalism has winners and losers, inherent in the system. People have different levels of intelligence, different levels of ingenuity, drive, desire, etc. In a system of free markets, these differences invariably manifest themselves in the form of disparate income. The opposite appeal is to raise the floor, while lowering ceiling, to achieve some sort of parity, or as Obama said to the plumber yesterday about "spreading the wealth around".
I have deep suspicions about the latter, primarily because I have witnessed first hand over the course of my adult life many acts perpetrated by those who rely on public assistance, and leverage even more assistance through devious means. Entitlement programs currently ensconsed into our system of government are intended to help disadvantaged in time of need. In a perfect world, the truly disadvantaged would be the only users of these programs, and for short term periods of time. However, the opposite, more often than not, is true. And within this entire debate of capitalism vs socialism, the subtext in which I just layed out is the real battle taking place. There are some, such as yourself, who have faith in the individual to 'do the right thing' and use these programs sparingly. Then there are others, such as myself, who harbor a deep suspicion, that those who apply for these programs are hard to break free from them, because the incentive to work is null, in comparison to how one might benefit from the opiates of food stamps, WIC, Section 8, etc. There seems to be an even deeper subtext as well, and it is philosophical in nature: that which one does not earn, one does not appreciate. In other words, not only are these programs condoned and basically fostered by the government, but they result in often deleterious behavior. Go to any public housing complex, for instance, or, to an Indian reservation, where housing is fully subsidized by government. Compare and contrast the condition of these homes to privately owned and maintained homes.
As someone who strongly resists higher taxes, I just threw down my gamut as to why I oppose them, in due part. It's a huge sociological issue, because someone else will come up with a persuasive argument that will counteract my post. But I think that's where the real battle is in this country, politically right now. Forgetting about Bill Ayers, Jeremiah Wright, etc, and who had associations with who. You will find that those who are disposed to the one philosophy of government being a means of which poorer people can rely upon are on one side of the fence, while others, such as myself, who believe in the power of the individual, are on the other side.
sure they do. just like his tax plan with effect 95% of the people in the US. sounds nice, too bad only 70% of eligible tax payers pay taxes.
now add all the illegals who get benefits too and your talking about almost 40% of the population or more that doesn't even pay income taxes. please use your heads people.
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