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Originally posted by Rockdisjoint
This is another great interview by Ron Paul, he talks about a few things here, but the title of the video only focuses on income tax.
We need to get rid of the income tax people, it's just another tool used by the elite along with poor education systems and minimum wage laws that ensures the masses remain poor and uneducated securing their positions for generations.edit on 14-5-2011 by Rockdisjoint because: (no reason given)
Originally posted by mayabong
reply to post by Rockdisjoint
We should get rid of that host first. lol. Didn't he get caught with a prostitute? I think Ron Paul should bring up that issue to him since all the other hosts bring up his legalization of prostitution in an effort to discredit him.
Originally posted by Rockdisjoint
reply to post by gorgi
No not really, by taxing income you punish production and thereby protect the currently wealthy from competition. Essentially it means keeping the lid on capital accumulation so that the current owners of capital stay on top. The rich actually love high income taxation, because it's really taxes on the upper middle class and it suppresses upwards mobility in the group that is most likely to compete with them.
edit on 14-5-2011 by Rockdisjoint because: (no reason given)
Originally posted by gorgi
Originally posted by Rockdisjoint
reply to post by gorgi
No not really, by taxing income you punish production and thereby protect the currently wealthy from competition. Essentially it means keeping the lid on capital accumulation so that the current owners of capital stay on top. The rich actually love high income taxation, because it's really taxes on the upper middle class and it suppresses upwards mobility in the group that is most likely to compete with them.
edit on 14-5-2011 by Rockdisjoint because: (no reason given)
The rich are not going to stop working or keeping their businesses open because of an income tax. The rich got pissed when FDR raised the taxes on them.
And income tax is different than taxation on other goods such as capital.
Originally posted by Rockdisjoint
Originally posted by gorgi
Originally posted by Rockdisjoint
reply to post by gorgi
No not really, by taxing income you punish production and thereby protect the currently wealthy from competition. Essentially it means keeping the lid on capital accumulation so that the current owners of capital stay on top. The rich actually love high income taxation, because it's really taxes on the upper middle class and it suppresses upwards mobility in the group that is most likely to compete with them.
edit on 14-5-2011 by Rockdisjoint because: (no reason given)
The rich are not going to stop working or keeping their businesses open because of an income tax. The rich got pissed when FDR raised the taxes on them.
And income tax is different than taxation on other goods such as capital.
Sure they won't stop working, they won't even change their life style, they'll pass costs onto the poor. If you tax the poor, the rich will have to pay them higher wages and charge lower prices, income taxes help no one, but big government.
Originally posted by gorgi
Originally posted by Rockdisjoint
Originally posted by gorgi
Originally posted by Rockdisjoint
reply to post by gorgi
No not really, by taxing income you punish production and thereby protect the currently wealthy from competition. Essentially it means keeping the lid on capital accumulation so that the current owners of capital stay on top. The rich actually love high income taxation, because it's really taxes on the upper middle class and it suppresses upwards mobility in the group that is most likely to compete with them.
edit on 14-5-2011 by Rockdisjoint because: (no reason given)
The rich are not going to stop working or keeping their businesses open because of an income tax. The rich got pissed when FDR raised the taxes on them.
And income tax is different than taxation on other goods such as capital.
Sure they won't stop working, they won't even change their life style, they'll pass costs onto the poor. If you tax the poor, the rich will have to pay them higher wages and charge lower prices, income taxes help no one, but big government.
The rich do not pass on costs because of an income tax. Where do you get your information from ? Some times business will pass on other taxes, but income taxes do not get passed on.
Originally posted by gorgi
The income tax is actually against the elite. The income tax is a progressive tax. This means that it benefits he middle class.
Originally posted by syrinx high priest
what wealthy white slave owner would ?
ok get rid of the tax.
which programs do you take away to cover it ?
since the US is already in a huge hole, this just proves Ron isn't a serious candidate. If you did this , the US would watch it's already crumbling infrastructure become a laughingstock, and probably never recover
Originally posted by filosophia
Originally posted by gorgi
The income tax is actually against the elite. The income tax is a progressive tax. This means that it benefits he middle class.
In summation, you said the income tax...benefits the middle class. How exactly does the income tax benefit the middle class? Which programs do the middle class enjoy because of the income tax? How would it negatively hurt the middle class if the income tax was removed?
I could say that the income tax does not benefit the middle class based on the simple explanation that the less money you are taxed the more money you have, making yourself richer and the economy more active because there would be more disposable income to spend. That would benefit the middle class. The notion that taxes help the middle class is akin to saying the Kingship helps the poor because the king occasionally throws crumbs towards the poor. Even if 100 percent of the income tax was redirected towards social programs enjoyed by all (never been proven) one could still ask why this has to be the case to begin with, when free people can choose their own programs to enjoy. But the truth is 100 percent of the income tax does not redirect to social programs, not even close, and those social programs do not benefit all, even though the Constitution says all laws must be uniform, so section 8 housing is unfair since it is not for ALL and welfare is not fair since it is not for ALL, and even when a social program tries to appease all such as social security it runs into deficits and eventually it will benefit NONE.
Originally posted by dazbog
Income tax was NEVER intended to be levied against " WAGES EARNED "
only the interest on unearned income.