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Thats not true. We all enjoy the fruits of Bill Gates efforts because without it, computers wouldnt be what they are today. We all enjoy fruits of Warren Buffets efforts, when we drink a coke, or eat at Dairy Queen. The fact that we have to pay for these luxuries and someone else is on the receiving end, doesnt mean we dont benefit as well. We all cant learn computer programming in order to key on web forums...
None of those men could have put their products on the market without their employees. I do not begrudge wealth to anyone who does amazing things, but no product or idea ever gets anywhere without the labor of many others, and they deserve a fair share of that wealth, aka, a living wage.
Within a decade the Democrats will be the party of the rich. They are already the party of professionals and half of Wall Street.
Say what you want about the House GOP tax proposal, the shrinking of the mortgage deduction limit benefits the middle class. Very few people have mortgages in excess of $500,000, so reducing income taxes on those who do not and funding those tax cuts by increasing the taxes on the upper middle class and upper class homeowners with large mortgages is actually redistribution from the rich to the poor.
The great party inversion is almost complete, with Democrats becoming the northeastern, now coastal, party of wealth and the Republicans becoming the southern, now interior, party of workers. Rhetoric as from the OP will sound quaint within a decade.
Within a decade the Democrats will be the party of the rich. They are already the party of professionals and half of Wall Street.
Say what you want about the House GOP tax proposal, the shrinking of the mortgage deduction limit benefits the middle class. Very few people have mortgages in excess of $500,000, so reducing income taxes on those who do not and funding those tax cuts by increasing the taxes on the upper middle class and upper class homeowners with large mortgages is actually redistribution from the rich to the poor.
The great party inversion is almost complete, with Democrats becoming the northeastern, now coastal, party of wealth and the Republicans becoming the southern, now interior, party of workers. Rhetoric as from the OP will sound quaint within a decade.
Yup, a tax cut that gives something like 80 percent of the benefit to to those with income over 500k is def the one for the party of the workers. Check what those cuts do down the road when many of he cuts are phased out too.
It doesn't make any sense. These Republicans would defend the rich keeping their money to themselves, ill-gotten or not, and leaving the rest of us to pick up the tab. The rich live in this society, too, and they don't need any coddling at all, especially not from people that make 1/100th of what they make. US society is very unusual in the way that they think rich people have it really bad a lot of times as welll, these Republicans think the rich will look out for the, just because they own a 5 employee business
In before communist, socialist, how much should we "steal" from the rich, etc. this isn't a tax policy topic.
Robbing from Peter to pay Paul is wrong.
And it remains wrong regardless of how much money Peter has, or how much Paul needs it.
Yup, a tax cut that gives something like 80 percent of the benefit to to those with income over 500k is def the one for the party of the workers. Check what those cuts do down the road when many of he cuts are phased out too.
There's that and also the removal of SALT. SALT benefits people in areas of high local taxes, especially sales and property. This hurts the middle class and workers.
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