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I don't know who the "nuevo-middle class" is but the middle-class has not blossomed under Reaganomics. Every study has show that the top 0.1% has done the best since 1979, followed by the top 1%. The rest are either worse off or stagnant.
Nuevo middle class as in the semi-educated, semi-professional, semi-white-collar working class that replaced the industrial working middle class that peaked in the 1970s. The true or classic middle-class - professionals like doctors, lawyers, accounts, architects, business owners, etc. have always done just fine. It's the masses, working middle class that fell out and now this nuevo middle class that has risen since Reagan is falling out. It's been ever increasingly difficult to make a living on a HS diploma and the working-class has mostly fallen out and now it's happening to the new working class who hold bachelor's degrees and college education.
"Tax the rich" is nothing more than left-wing appeasement and class warfare. Go ahead and raise the tax rates on the upper class; they'll just find more places to hide their money or use loopholes to avoid paying those higher rates. Our tax code is 70,000 pages for a reason -- it's full of loopholes the rich have bought to avoid paying higher taxes.
You mean the lowest rates that they've been paying... ever?
One can quote anecdotal examples. However, the main reason the nation should tax the wealthy greater is that when we did, we had a better nation and we ran budget surpluses.
Perhaps this is because we never tried the philosophy of cutting off people who drag our society down....
My parents lived the last ten years of their lives with nothing but Social Security and interest on a small amount of money, after a lifetime of paying taxes. The regressives will never convince me that they 'didn't have a stake' in the nation and would have had they been required to pay taxes on their meager income.
So your parents were poor planners that didn't save up enough to retire on, and instead relied on taking out of a system they were forced to pay into for years....with the end result being they took more out of that system than they paid into it, thus creating a pyramid problem.
Got it. And who, pray tell, is at fault for your parents not planning for retirement properly to where they had to rely on SSI? Oh wait I know, some Wall Street banker, right?
My parents lived the last ten years of their lives with nothing but Social Security and interest on a small amount of money, after a lifetime of paying taxes. The regressives will never convince me that they 'didn't have a stake' in the nation and would have had they been required to pay taxes on their meager income.
A perfect argument against social security.
Imagine if hey had been allowed to save their own money?
You're not insinuating that they would not have had the discipline to do hat, are you?
Imagine if hey had been allowed to save their own money?
You're not insinuating that they would not have had the discipline to do hat, are you?
What those who make the argument that "Social Security isn't needed because people would be better off had they invested their own money," always seem to ignore is that while the individual contributes to the SSA program, the employer contributes an equal amount and it's not evident that employers would voluntarily forgo that amount to the employee in the absence of SSA.
Moreover, it ignores the historical record. Prior to SSA, Americans did not save for retirement and it's irrelevant what my parents would have done. As such, SSA has been a large benefit to seniors and that's why the overwhelmingly support the program.
In any case, this is off-topic as the topic is taxing those with low income. As I said, it makes little practical sense to tax the under-privileged, creating a burden to them, when adding a few percentage points to the wealthy is far less burdensome to them while adding a great deal of revenue.
Perhaps this is because we never tried the philosophy of cutting off people who drag our society down....
This is a remarkable assertion -- that the poor, who perform the tasks nobody else wants to do, are a drag on society.
It's remarkable because the last few years are fresh in memory, a time when financial executives who helped bring on the worst drop in wealth since the Great Depression -- whose contribution to our society has been massively negative and brought our global economy to the brink of ruin -- went on to receive large riches. Yet, you consider the poor to be the "drag our society" not the ones who collapsed the economy.
This is a remarkable assertion -- that the poor, who perform the tasks nobody else wants to do, are a drag on society.
It's remarkable because the last few years are fresh in memory, a time when financial executives who helped bring on the worst drop in wealth since the Great Depression -- whose contribution to our society has been massively negative and brought our global economy to the brink of ruin -- went on to receive large riches. Yet, you consider the poor to be the "drag our society" not the ones who collapsed the economy.
No, the illegals are moving in to do that. And they don't complain, they don't demand raises, they don't take days off whenever they feel like it, they do work hard.
Yes, I can see why employers hire the illegals over citizens.
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