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Excellent article Dr. Brad. It's plain to see what the repercussions are going to be for small business and big business alike. I don't know why others can't see it. Big business will offset the tax hike by raising prices. Big oil will offset the tax hike by raising fuels prices. Small business, who must stay competitive will slow expansion, slow hiring, and cut benefits and wages. NO ONE has explained to me how you help the lower and middle classes by raising prices on goods and eliminating jobs and wages.
 
Funny thing is, the wider the gap between the poor and the rich is... the more unrest there is. Also, the more chance there is for uprising and crime.

The gap in this country has been widening for years, now it is getting to the point where almost everyone feels the crunch.

Aid programs only increase laziness if they are not regulated properly, such as Welfare today.. which needs an overhaul.

Think about this as well, if some kid is heir to the Folgers money.. he can be as lazy as he wants to be, and yet he will be a Multi Millionaire without effort. While a kid from a broken home can do as good as he wants in school and not be able to get the education he needs to make a name for himself. No matter how intelligent he may be. So he falls through the cracks and works at a factory. Is that right?

I can't say that the millionaire should have his money taken away, but to help our country grow... he can be taxed a bit more. That tax money can go to programs to aid people who actually need the help to realize their full potential. Is that so wrong?

They don't need to be taxed more, they just need to pay their fair share and not get so many loopholes and write offs.

I personally believe in a flat tax. Everyone pays the same rate or percentage........period, just like sales tax.
 
What do you mean fair share?

People who can afford their own retirement and health insurance don't need Social Security or Medicare. How is it fair that they pay for something they don't use?
 
What do you mean fair share?

People who can afford their own retirement and health insurance don't need Social Security or Medicare. How is it fair that they pay for something they don't use?

I'm talking about fair share in income taxes. I think it should be a flat tax, no deductions, loopholes or writeoffs. Everyone pays the same percentage. Our city tax is close to that. The average worker doesn't see any of it back. They take it from your check and it's gone. Of course the ones paying the most somehow can find write offs and loopholes to get some of it back.

Just because people don't need something doesn't mean they won't draw it. There was a program awhile back talking to elderly millionaires who are drawing SS. When asked if they would give it up so that it might be there for other people years from now, they said no. I don't recall if they mentioned medicare, but if I'm not mistaken, everyone goes on that.
 
We hear a lot about the under privileged on the boards, but that term itself is kind of misleading. I live in a working class, lower middle income neighborhood. Because of commercial zoning, my business sits on a street dominated by low income housing rentals. As a matter of fact, I am the only resident on the whole street that owns their own house. The other day we had some severe, damaging wind. The wind blew sand and small rocks into my siding, chipping away paint which I will have to be working on next week. Across the street however, the landlord hired people to repair the siding that blew off the wall, as the residents sat outside watching as they talked on cell phones. The front door wide open letting out the heat they weren't paying for, as a flat screen TV was on inside. Clearly visible from the window of my poorly insulated studio. I have a 25" 13 year old Magnavox in my living room. There were Halloween parties at the school this week and my wife is a room mom. Whenever parties are thrown, a list of items that can be donated is sent home to each child's home. 4 Out of the 19 parents offered to send something in. We supplied the Halloween craft, the ceramic sundae cups, four pizzas and the ice cream. We also sent in plates and napkins for my son's class despite the fact he went with a packed lunch to his party because he doesn't like pizza.
I remember back in '97 when my wife and I were married, her parents bought us a honeymoon trip to Jamaica. You know the big Sandals resort? It was the one next to that but a wonderful place. I felt horrible as we drove to Ocho Rios and I saw extreme poverty with little shacks with rippled tin roofs and goats tethered outside. If they were poor in America they would feel as if they hit the lottery.
I hear a lot about the unfortunate that don't have enough to get by and yet I see many with much more than me and a lot of the people I know. I see a lot of the 'poor' people on the sidewalk smoking $5/pack cigarettes and I see them walking back from the liquor stores with beer.
When I managed a supermarket, I would rarely see the family first card used to purchase sensible and nutritious items. Soda, chips cupcakes and generally paying little attention to sale prices the way most people who need to purchase their own with their own cash. I had to deal with a lot of customers over the 15 years I was a manager, and the people that got the most for free expected the most.
This isn't a rant against the poor or even the point that the vast majority could do a lot better if they could act responsibly. My point is that so many think its OK to tell people when they have earned too much, or how much they have to pay, and yet there are no controls over the recipients of that money that other people earned.
 
We hear a lot about the under privileged on the boards, but that term itself is kind of misleading. I live in a working class, lower middle income neighborhood. Because of commercial zoning, my business sits on a street dominated by low income housing rentals. As a matter of fact, I am the only resident on the whole street that owns their own house. The other day we had some severe, damaging wind. The wind blew sand and small rocks into my siding, chipping away paint which I will have to be working on next week. Across the street however, the landlord hired people to repair the siding that blew off the wall, as the residents sat outside watching as they talked on cell phones. The front door wide open letting out the heat they weren't paying for, as a flat screen TV was on inside. Clearly visible from the window of my poorly insulated studio. I have a 25" 13 year old Magnavox in my living room. There were Halloween parties at the school this week and my wife is a room mom. Whenever parties are thrown, a list of items that can be donated is sent home to each child's home. 4 Out of the 19 parents offered to send something in. We supplied the Halloween craft, the ceramic sundae cups, four pizzas and the ice cream. We also sent in plates and napkins for my son's class despite the fact he went with a packed lunch to his party because he doesn't like pizza.
I remember back in '97 when my wife and I were married, her parents bought us a honeymoon trip to Jamaica. You know the big Sandals resort? It was the one next to that but a wonderful place. I felt horrible as we drove to Ocho Rios and I saw extreme poverty with little shacks with rippled tin roofs and goats tethered outside. If they were poor in America they would feel as if they hit the lottery.
I hear a lot about the unfortunate that don't have enough to get by and yet I see many with much more than me and a lot of the people I know. I see a lot of the 'poor' people on the sidewalk smoking $5/pack cigarettes and I see them walking back from the liquor stores with beer.
When I managed a supermarket, I would rarely see the family first card used to purchase sensible and nutritious items. Soda, chips cupcakes and generally paying little attention to sale prices the way most people who need to purchase their own with their own cash. I had to deal with a lot of customers over the 15 years I was a manager, and the people that got the most for free expected the most.
This isn't a rant against the poor or even the point that the vast majority could do a lot better if they could act responsibly. My point is that so many think its OK to tell people when they have earned too much, or how much they have to pay, and yet there are no controls over the recipients of that money that other people earned.

I totally agree with you and there should be something done about welfare. This is something that almost every politician promises, but does nothing about. Even when there was a majority Rep. Congress, nothing was done. And with the illegals being able to tap into it, it's only going to get worse.

You do have to understand that there is little WE can do about such things, either who pays what or who gets what. We can elect people who promise change, and they all do, but once they're in there, nothing is done. :mad:
 
I'm talking about fair share in income taxes. I think it should be a flat tax, no deductions, loopholes or writeoffs. Everyone pays the same percentage. Our city tax is close to that. The average worker doesn't see any of it back. They take it from your check and it's gone. Of course the ones paying the most somehow can find write offs and loopholes to get some of it back.

Just because people don't need something doesn't mean they won't draw it. There was a program awhile back talking to elderly millionaires who are drawing SS. When asked if they would give it up so that it might be there for other people years from now, they said no. I don't recall if they mentioned medicare, but if I'm not mistaken, everyone goes on that.

I see what you mean. But do you see how any system of taxation is going to have these kinds of injustices? With something so complex as an entire nation worth of confiscations and handouts, it's impossible to calculate whether any given transaction is fair. In particular, since contribution to the system is involuntary, one half of every transaction is going to be unjust.
 
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest [the nation] become bankrupt. People must again learn to work, instead of living on public assistance."

-- Cicero , 55 BC


As true now as it was then. It's too bad he was decapitated and had his head nailed to the wall of the Senate. :lol

Agree with everything except the balanced budget, the national budget doesn't really need to be balanced.

How about one for the actual people: DON'T BUY WHAT YOU CAN'T AFFORD !!!!!!!
 
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