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Good question! Only in America do the poor and middle class worry endlessly about how the uber rich will manage.
False narrative.
Thinking that nobody should have to pay a higher.....or lower percentage of their income in taxes than anyone else does doesn't equate to "endlessly worrying about the uber rich"
"Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires." John Steinbeck.
Also a lot of people have been fooled to think that the only reason we have jobs and an economy is because the rich get richer. They don't understand that the economy is the working class spending money and the rich will still get rich if they pay taxes and they will still need to hire workers. That's trickle down economics, keep making the rich richer, and then the wealth will come down to the working class, but that never happens, the poor working class only get crumbs, that was real in the 1950 when the tax rate was 70%, if the rich pay the money back by taxes we all do well,,,
,the rich and oligarchs have created a plutocracy where it's a reverse Robin Hood, take from the poor and give to the rich.
Shoot, I quoted part of that Steinbeck quote before I even saw this post.
And many just don't believe in punishing success. I am 100% against giving tax returns that exceed what people paid in.
I'm all for success and for being rewarded for hard work. And for a healthy business climate. I'm an immigrant, after all. Immigrants tend to be much more focused, ambitious, and hard working than native-born populations.
But I'm 100% against policies that slowly but surely weaken the middle class and pit them against the working poor while the 1% ensconses themselves in their mansions.
Last edited by newdixiegirl; 07-31-2020 at 06:20 PM..
Yep, everyone is a temporarily embarrassed millionaire.
I have no illusions about becoming a millionaire.
But I also know that that's nobody's fault but mine.
I've worked hard enough to have a nice above average income and a nice home.
I like spending time with my family instead of slaving away endless hours at work to get ahead farther than I have.
But that's entirely on me......I hold no grudges against people who apply themselves harder than I do to seek greater rewards than what I'm personally happy with.
And I see absolutely no reason why they should be taxed at a higher rate than I am.
The problem is we have the richest man in the world making $85,000 a year, I bet his electric bills in all his properties is more than that, he just get richer and richer from his stocks and from not having to pay taxes on it.
Blame our elected reps for providing the loopholes, not the people who take advantage of them. I would If I were them and do take advantage whenever I can.
I'm all for success and for being rewarded for hard work. And for a healthy business climate. I'm an immigrant, after all. Immigrants tend to be much more focused, ambitious, and hard working than native-born populations.
But I'm 100% against policies that slowly but surely weakens the middle class and pits them against the working poor while the 1% ensconses themselves in their mansions.
Well then you gotta hate both parties. LOL. They do nothing but write complex policies that shelter themselves and fellow rich cats. Then sell out the middle-class to Mexico and China.
Last edited by boneyard1962; 07-31-2020 at 07:35 PM..
Regardless of whatever little evil deeds the 1 percent do to the lower socioeconomic classes, there is always some middle class Joe Schmoe there to defend it? You vote against your best interests every time
Is it battered woman syndrome? What is it?
It is ignorance of economics, how taxes work, and like religion, it is the Blind belief that capitalism will rain down on them. All it does is trickle but their faith is not shaken. And also equal ignorance of what socialism means. They dont even understand America is already socialist. Another factor is total distrust of education.
It is ignorance of economics, how taxes work, and like religion, it is the Blind belief that capitalism will rain down on them. All it does is trickle but their faith is not shaken. And also equal ignorance of what socialism means. They dont even understand America is already socialist. Another factor is total distrust of education.
Well, America's colleges and universities sure did a number on you.
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