posted on May, 4 2017 @ 01:40 PM
a reply to: conscientiousobserver
The bailout you're speaking of involved 972 recipient companies and institutions. The largest recipients were Fannie Mae and Freddie Mac and those
aren't exactly private corporations. Neither should have existed in the first place (thanks FDR... for nothing.) and both should have been allowed to
die years ago. The rest of the recipients should have been allowed to fail in 2008. On that issue, we agree. That said, the tax rates you're
complaining about, there are 1.6 million "C" corporations in the US. 100% of them are impacted by the corporate tax rates, whereas 0.006% of them
took part in the TARP bailout. Let's stop the disingenuousness of throwing the corporate bailouts into the ring everytime corporations are discussed
in general. If you want to go into a discussion about one of the specific corporations that took part in TARP, then by all means, fire away and I'm
right there with you... but you're casting far too wide of a net when you try to classify them all together.
The estate tax is criminal in most cases. I can understand taxing uncapitalized net gains remaining in an account at the time of death, as that money
hasn't yet been taxed. (and when I say I understand, I don't mean I agree with it, but at least it is defensible under the present system) but the
estate tax taxes money and assets that have already been taxed, that's bullcrap.
I'd be more sympathetic to the education issue if it wasn't so brutally obvious that throwing more money at the problem coupled with the disasterpiece
that is the NEA has woefully failed. The nation desperately needs to pass a national right to work law and break the teachers unions to allow
results-based, merit based employment decisions. If Mrs. Sitsandstands' continued employment was dependent on the success of her students, we'd have
WELL educated young people in this country. Instead we have educational failures teaching future failures while wearing a golden parachute that saves
their job thanks to no qualification beyond "I'm union and I have seniority, so I can't be fired for failure."
I sure don't see this administration "bringing down" the middle class, man. I see them removing the glass ceiling while simultaneously removing the
floor, which is very fair in my opinion. You can either fly or you can fall, but the choice is entirely on the individual AS ARE THE CONSEQUENCES OF
THAT CHOICE. That's important to me... we have to stop socializing failure and making natural consequences fall solely on where they belong: the
shoulders of each individual.