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Originally Posted by TristansMommy
Not true.. some condo's DO require review of a potential persons earnings etc. Those who buy condo's tend to have hidden cash resources or assets. BTW.. CONDOS are MORE expensive than Coops!
And those that are renting are quite often asked to show assets and resuorces in order to rent in NYC. Unless they are living in Greenwhich Village in a closet with a communal bathroom. Or a complete dump. Believe me.. 6 figure earners like we are refering to are NOT living in buildings in which no assets are required (rent or otherwise)
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I believe the bailouts shouldn't be occurring.. Because at the end everyone always wants to cut social programs. Sorry.. those CEO's could return their unearned ridiculous bonuses to their companies instead.. they don't deserve it because they tanked the company!! They should have never recieved the bailouts to begin with. My point being that if we didn't hand out those bailouts to the CORPORATIONS, we wouldn't be discussing the raising of taxes (atleast on a national level). This has never ocurred in history and is NOT a "normal" social program like WIC, Food stamps. etc.
What programs do you think we cut. Do you think we give out less food stamps or WIC to feed children? Do we cut elderly medicare or medicaid? Talk about a healthcare crisis if that occurs. What exactly in the "social programs" do you suggest be cut without dire consequences. Streamlined and trimmed, maybe.. but cut? NO... what.. so that hte CEO can keep collecting his ridiculous salary and his job be saved?
What it all comes down to is that now we have to pay for the Corporate bailouts. You're right.. the wealthy would rather cut programs that keep housing over peoples heads, food in poor childrens belly, education.. all those other things than god forbid pay more in taxes. Like I said, if I made the income we're talking about I wouldn't complain because I'd rather pay more in taxes (becaues we can't go back and take the money back that we already sent the Corporations) than hurt the social programs that so many need.
Income tax in the United States - Wikipedia, the free encyclopedia
1982-86 Top bracket was at 50% 87 - 33% , 2003 - 2009 35%
The tax rate at the top was 94% 1944-45 and was pretty high through the 60's.
I'm not saying that we should ever approach that type of level, nor am I saying it's acceptable.. but historically we are not high in comparison.
REally..taxes are keeping "equality" of outcome
AS if a family on welfare or medicaid is really living equal to someone in the top tax brackets
LOL.. that's a laugh... or even recieving the same level of medical care, or the same level of living quaters. They shouldn't be.. you're right. .and they are not.. not by a long shot.
No one is saying that taxes are meant to make everything "equal". . however, it benefits EVERYONE in our nation as a society when we keep the poorest of our populations from living on the streets, doing their business in the gutters.. and dying of hunger on the streets. We shouldn't allow our elderly to waste away because they are on fixed incomes and can't afford our high priced medical care in this country. It's why we have social programs. .. not to "level" the playing field.. NOT BY A LONG SHOT! We also have programs to help people lift themselves OUT of the situations they are in. Some do not and do take advantage.. but for the most part there are people who do truly need it.. that for one reason or another do not have the capacity to get themselves out of the situation. But they are STILL human beings. There is NO THREAT to the wealthy that they will EVER be "equal" or living equally as someone in a higher tax bracket.
Bottom line.. our country is in hard times right now.. and so sacrafices are going to have to be made ALL AROUND. Those that have more to sacrafice are going to have to sacrafice more than someone who has nothing left to sacrafice. EVERYONE is hurting on EVERY level.. but I guarantee you those with the higher tax brackets are hurting FAR LESS than someone that has NOTHING or next to it.. or the middle class family with very little disposable income... nor many resources available to them to make their income grow.
Social programs NEED to be fixed so that they don't bleed money wastefully..but certainly not cut.[/quote]
Very few condos so as not require mentioning require board approval. You couldn't be more wrong about which is more expensive. Look at the prices and Common charges for coops. I rent ina luxury building and was not asked for anything. All they do is check your credit rating. Not assets in the bank etc.
The only sacrifices are buy the people with money any way you slice it the top 20% of wage earners pay 80% of the taxes and that is not fair. No of those things you mention are happeneing or are in danger of happening.
By the way what happens when income tax rates are cut, IRS revenue increases. SO if you are really concerned for the poor you should be advocating income tax cuts.