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Paid maternity leave...I'll go you one better. When I grew up in the 60's & 70's neither my mom nor any of my friends' moms had jobs. In essence not pregnancy leave, but motherhood leave. We were not wealthy; we (and my friends) were all middle class. Now that taxes are so high, along with housing prices (due to liberal government polices such as 'smart growth') two paychecks are required. One to pay for your stuff, and the other to pay for your taxes.
A policy of mandatory paid leave just digs the hole deeper.
Anyway I don't know why we have to have all these subsidies for child bearing. Econ 101--if you subsidize something, you will get more of it:
A PP went on a self-righteous rant about how here parents lived in a trailer for 7 years, saving up money for a house, then had the kids, blah, blah. You can see I was impressed, not!
I'd still like to know, once you've planned for the child, what is supposed to happen next, once the child is born.
It was a true life tale, you don't need to be impressed by it.
After the baby is born you raise it, hopefully. What the heck do you think happens?
Paid maternity leave...I'll go you one better. When I grew up in the 60's & 70's neither my mom nor any of my friends' moms had jobs. In essence not pregnancy leave, but motherhood leave. We were not wealthy; we (and my friends) were all middle class. Now that taxes are so high, along with housing prices (due to liberal government polices such as 'smart growth') two paychecks are required. One to pay for your stuff, and the other to pay for your taxes.
A policy of mandatory paid leave just digs the hole deeper.
Anyway I don't know why we have to have all these subsidies for child bearing. Econ 101--if you subsidize something, you will get more of it:
In 1964, the lowest tax bracket was 16%, and the highest bracket was 77%.
Today, the lowest tax bracket is 10%, and the highest bracket is 35%.
In conclusion - WTF are you talking about?
Grasshopper, there is more to taxes than nominal marginal federal tax rates. Effective rates are what counts. Not to mention state and local taxes. That is WTF I'm talking about.
t
Grasshopper, there is more to taxes than nominal marginal federal tax rates. Effective rates are what counts. Not to mention state and local taxes. That is WTF I'm talking about.
t
Okay, so what was the aggregate tax burden then compared to now?
Huh, so, according to this, the state-local tax burden is about .6% lower, and my other link states that federal income tax rates are also lower... I think someone may be peering into the past with rose colored glasses...
We just spend a lot more money on stuff, now. Two cars, more expensive cars, bigger house, cell phones, cable, etc, etc... Not to mention health care and retirement costs have gone up.
Paid maternity leave...I'll go you one better. When I grew up in the 60's & 70's neither my mom nor any of my friends' moms had jobs. In essence not pregnancy leave, but motherhood leave. We were not wealthy; we (and my friends) were all middle class. Now that taxes are so high, along with housing prices (due to liberal government polices such as 'smart growth') two paychecks are required. One to pay for your stuff, and the other to pay for your taxes.
A policy of mandatory paid leave just digs the hole deeper.
Anyway I don't know why we have to have all these subsidies for child bearing. Econ 101--if you subsidize something, you will get more of it:
Grasshopper, there is more to taxes than nominal marginal federal tax rates. Effective rates are what counts. Not to mention state and local taxes. That is WTF I'm talking about.
t
It's not just taxes. Over time we have become a very materialistic, consumer-oriented society. The toys and gadgets that each cost something per month adds up.
It's not just taxes. Over time we have become a very materialistic, consumer-oriented society. The toys and gadgets that each cost something per month adds up.
I'm not sure that's materialistic. Maybe we have just found ways to better enjoy life.
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