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Why should anyone feel sorry for people who deliberately choose to play a role in ensuring their own hardships?
For social stability and a growing economic base. You don't have to care about them, but you should at least respect their usefulness and historic ability to cause massive disorder.
By paying a flat tax rate, you are guaranteeing that people who make more money pay more money.
If you have a person making $10,000,000 a year and a person making $10,000 a year and tax them both at 18%, the rich person pays $1,800,000 in taxes while the poor person pays $1,800 a year.
Simple math shows that the rich person is paying $1,782,000 more in taxes. See how that works. Rich people pay more taxes than poor people with a flat tax.
If you feel that $1,800 is too much for a person making $10,000, we simply reduce the tax rate so that it is where you feel it should be. If he should be paying $500 in taxes, let's reduce the tax rate to 5%. He'd be paying $500 while the rich person still pays $500,000. You see, the rich person would still pay $499,500 more than the poor person.
Math.
And yet according to the chart the only person that benefits from flat taxes are the rich. Effectively you want the rich to be richer and the poor to be poorer (which is exactly what the rich want).
According to an analysis by the nonpartisan Tax Policy Center, Mr. Cain’s proposal would increase the annual tax bill of a typical family of four earning $50,000 a year by more than $4,000, but would reduce the taxes owed by a similar family earning between $500,000 and $1 million by almost $60,000. The center also estimated that families in the top one-tenth of 1 percent of households would enjoy an average annual tax reduction of nearly $1.4 million under the Cain plan. Similar distributional effects are common under all flat-tax plans, not just Mr. Cain’s.
I disagree. Most people do what they think is the right thing to do. Very few do things they know are wrong, unless they are too weak to resist.
Plus, it doesn't matter anyway who is ultimately responsible, people are people, people with problems are there and won't go away just because some think it is their own fault. People blaming a certain group tend to ignore that there is always a reason why people do what they do. And nobody is an island. Every citizens contributes directly or indirectly to the status quo.
Nor does it have to do with Obama. Those problems will be a part of the US as long as it holds on to certain ideologies and refuses others. They have always been there, sometimes more, sometimes less, but never gone. They come and go in cycles, just like the economy.
LOLOLOLOLZ. So this wasn't happening before Obama?
The over-reproducing and therefore the devaluing of their no/low-skill labor? Of course that was happening before Obama. What's changed with Obama is that his EO will add millions more illegal aliens with government-issued work permits to compete with low wage earners, depressing wages even further. And you idiots VOTED for that. LOLOLOLOLZ.
You don't have to care about them, but you should at least respect their usefulness and historic ability to cause massive disorder.
Usefulness? Their depressed wages say otherwise. And the threat to "cause massive disorder" is nothing but extortion. Extortion isn't "useful," it's predatory.
Perhaps the liberals will now explain why they don't understand basic math.
And that same expectation applies to the point I made about certain segments of our population over-reproducing and voting for politicians who grant illegal aliens work permits who will then compete with them for jobs therefore putting downward pressure on wages, thus guaranteeing themselves additional hardship.
Explain that, liberals.
Sure (and im not a liberal) the problem isn't tax rates its loopholes and tax breaks after, that takes a tax rate of 25% for example and makes it 2% on practical application. Its never been about tax rates. Another right slight of the hand trick.
Illegal immigrants are there anyway. As long as they are under cover, they are more of a problem for the labor market because many of them are already employed and competing with citizens without there being a level playing field, That will change. The biggest losers will be employers of illegal immigrants.
You missed the point. Relative to their income and compared to a middle class person's rate they aren't paying their fair share.
Wrong, relative to their income they would be paying their fair share with a flat tax.
A rich person would be paying, let's say, 18%. I'd be paying 18% as a middle class person. People making $15K a year would be paying 18%.
Let's say the rich person is earning $1,000,000, I'm earning $100,000. The poor person is making $10,000.
The rich guy would be paying $1,800,000. I'd be paying $18,000. The poor person would be paying $1,800.
See how that works. The more you make, the more you pay. It's quite fair.
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