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This country seriously needs to get rid of the child tax credit and the earned income tax credit. The way it sits now, a lower income parent with 3 kids gets at the very least 7.5 grand a year from the tax payers. Socialism at its finest. Imagine how much money that is over the course of a kid's 18 years. If they need help, fine, they can rely on charity or their family, but its immoral to violently force strangers via taxation or penalty of jail to pay for these people.
But with that said, the corporate subsidies, bailouts, and "siphons" of society are even more dangerous to our economy.
If your breakfast didn't kill you because it had to pass government food inspection, then you are a recipient.
If your health is not degraded from lead and pollutants in the air thanks to government regulations, then you are a recipient.
If your children didn't die from diarrhea because they drink clean water from public utilities, then you are a recipient.
If you got to work this morning using a public roadway, then you are a recipient.
If your car didn't kill or maim you thanks to government safety standards, then you are a recipient.
If your boss has to give you safety equipment, regular breaks, and reasonable compensation due to labor laws, then you are a recipient.
If you can transact business in the world's most reliable and trusted currency, the dollar, then you are a recipient.
If your bank can't fold in the middle of the night and take all your savings due to banking laws, then you are a recipient.
If you or your children have ever attended a public school or college, then you are a recipient.
If you have ever used emergency paramedic, fire, or police services, then you are a recipient.
If you or your parents use Medicare to access medical treatment, then you are a recipient.
If you take everything I mentioned above for granted and whine about how unfair your tax burden is, then you are an ungrateful cheapskate.
Location: where you sip the tea of the breasts of the spinsters of Utica
8,297 posts, read 14,174,869 times
Reputation: 8105
Quote:
Originally Posted by Wambatown81
This country seriously needs to get rid of the child tax credit and the earned income tax credit. The way it sits now, a lower income parent with 3 kids gets at the very least 7.5 grand a year from the tax payers. Socialism at its finest. Imagine how much money that is over the course of a kid's 18 years. If they need help, fine, they can rely on charity or their family, but its immoral to violently force strangers via taxation or penalty of jail to pay for these people.
But with that said, the corporate subsidies, bailouts, and "siphons" of society are even more dangerous to our economy.
It's wise to spend a little on "these people's" kids, because without at least the basics of good nutrition, clothing, and shelter, children can suffer psychological and even physiological damage that will later make it more likely that they will be a burden on society - for example the ultimate burden is needing to imprison them if they become criminals. I don't know whether the tax credits in particular are a good way to deal with the problem, but you do have to spend a little to save a lot later when the kids are grown.
That's called "wisdom", and such wise thinking is the basis for most of society's social programs and safety nets. It's one reason why socialized and well-regulated capitalist nations have the highest standards of living in the world, much more so than purely laissez-faire capitalist nations.
Location: where you sip the tea of the breasts of the spinsters of Utica
8,297 posts, read 14,174,869 times
Reputation: 8105
Quote:
Originally Posted by alphamale
You play the hand you're dealt.
Didn't you people have fathers that taught you these things?
Save some money every week.
When you have a few hundred, invest it.
You too can have income from someone elses labor!
What happens when you get multiple sclerosis, schizophrenia, brain damage from an accident, quadriplegia from an accident, paraplegia from a stroke, Hodgkins Disease or any disabling form of cancer? Alzheimers? Your family MIGHT take you in after your savings have been exhausted on medical care, or maybe no one will, but they won't be able to afford your treatments. Your church sure as hell isn't going to pick up the tab for long-term health care. If you had a low-income job you probably weren't able to afford health insurance.
I DID have stock investments when younger, but had to cash them in gradually because of disability. Yes, I made a small profit. But as much as I would have hated being heavily taxed on it (on a greed level of thinking), I've always understood the wisdom in society needing to do so - especially if the tax money isn't spent on frivolous wars overseas, or on making new "gee whiz" methods of human extermination. Those things are simply corporate welfare for defense contractors - it's why they surround Congress with highly paid lobbyists.
By the way, you're very unlikely to have a middle class job and become wealthy from it, even with investments, especially if you are married with children. That's not how the wealthy recipient classes are made. Rags-to-riches is very uncommon, despite the propaganda to the contrary.
If your breakfast didn't kill you because it had to pass government food inspection, then you are a recipient.
If your health is not degraded from lead and pollutants in the air thanks to government regulations, then you are a recipient.
If your children didn't die from diarrhea because they drink clean water from public utilities, then you are a recipient.
If you got to work this morning using a public roadway, then you are a recipient.
If your car didn't kill or maim you thanks to government safety standards, then you are a recipient.
If your boss has to give you safety equipment, regular breaks, and reasonable compensation due to labor laws, then you are a recipient.
If you can transact business in the world's most reliable and trusted currency, the dollar, then you are a recipient.
If your bank can't fold in the middle of the night and take all your savings due to banking laws, then you are a recipient.
If you or your children have ever attended a public school or college, then you are a recipient.
If you have ever used emergency paramedic, fire, or police services, then you are a recipient.
If you or your parents use Medicare to access medical treatment, then you are a recipient.
If you take everything I mentioned above for granted and whine about how unfair your tax burden is, then you are an ungrateful cheapskate.
No, it isn't well thought out. In fact it's not thought out at all. Who is this "recipient" class? I'm going to take a wild guess and say you're talking about the 47% that "doesn't pay any taxes" am I correct?
They don't?? Take one guess who pay's those provider's taxes through increased prices or rents etc
That makes absolutely no sense.
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