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Originally posted by beezzer
Originally posted by Kali74
reply to post by beezzer
Ending Corporate Welfare would actually shrink the government. Can you qualify how increasing taxes and closing loopholes will grow the government? I think you lost your QED card with that kind of logic.
Increasing taxes would encourage government to grow. It would justify its growth. There is no time in the history of America that raising taxes caused a shrinkage in government, or government programmes.
Now closing loopholes on taxes is a different story.
I'm all for that. I actually think a flat tax with no loopholes, no exemptions, no exceptions would help our overall situation.
Originally posted by xEphon
Originally posted by beezzer
Originally posted by Kali74
reply to post by beezzer
Ending Corporate Welfare would actually shrink the government. Can you qualify how increasing taxes and closing loopholes will grow the government? I think you lost your QED card with that kind of logic.
Increasing taxes would encourage government to grow. It would justify its growth. There is no time in the history of America that raising taxes caused a shrinkage in government, or government programmes.
Now closing loopholes on taxes is a different story.
I'm all for that. I actually think a flat tax with no loopholes, no exemptions, no exceptions would help our overall situation.
No one is saying increase taxes across the board.
Making it so that the middle class has less of a tax burden while the upper class has more of a tax burden would free up money in the area that drives this economy, the middle class.
This is the essence of the "middle out" concept that you're having a hard time grasping.
The difference between the top down and the middle out is that the middle actually spends their money unlike the top who just hoards it, and the last I checked hoarding money doesn't drive an economy.
Originally posted by beezzer
Originally posted by xEphon
Originally posted by beezzer
Originally posted by Kali74
reply to post by beezzer
Ending Corporate Welfare would actually shrink the government. Can you qualify how increasing taxes and closing loopholes will grow the government? I think you lost your QED card with that kind of logic.
Increasing taxes would encourage government to grow. It would justify its growth. There is no time in the history of America that raising taxes caused a shrinkage in government, or government programmes.
Now closing loopholes on taxes is a different story.
I'm all for that. I actually think a flat tax with no loopholes, no exemptions, no exceptions would help our overall situation.
No one is saying increase taxes across the board.
Making it so that the middle class has less of a tax burden while the upper class has more of a tax burden would free up money in the area that drives this economy, the middle class.
This is the essence of the "middle out" concept that you're having a hard time grasping.
The difference between the top down and the middle out is that the middle actually spends their money unlike the top who just hoards it, and the last I checked hoarding money doesn't drive an economy.
If you increase taxes on the wealthy, then prices for goods and services will increase propotionately and the burden will then be on the poor and middle classes to cover it.
Originally posted by beezzer
Originally posted by xEphon
Originally posted by beezzer
Originally posted by Kali74
reply to post by beezzer
Ending Corporate Welfare would actually shrink the government. Can you qualify how increasing taxes and closing loopholes will grow the government? I think you lost your QED card with that kind of logic.
Increasing taxes would encourage government to grow. It would justify its growth. There is no time in the history of America that raising taxes caused a shrinkage in government, or government programmes.
Now closing loopholes on taxes is a different story.
I'm all for that. I actually think a flat tax with no loopholes, no exemptions, no exceptions would help our overall situation.
No one is saying increase taxes across the board.
Making it so that the middle class has less of a tax burden while the upper class has more of a tax burden would free up money in the area that drives this economy, the middle class.
This is the essence of the "middle out" concept that you're having a hard time grasping.
The difference between the top down and the middle out is that the middle actually spends their money unlike the top who just hoards it, and the last I checked hoarding money doesn't drive an economy.
If you increase taxes on the wealthy, then prices for goods and services will increase propotionately and the burden will then be on the poor and middle classes to cover it.
If government can't control spending, then they will continue to raise/want to raise taxes.
America had a 90% tax rate in 1950's and people were buying houses left and right
Originally posted by beezzer
reply to post by xEphon
How is government taking more from the wealthy, going to put more money in MY pocket???
Originally posted by beezzer
reply to post by xEphon
How is government taking more from the wealthy, going to put more money in MY pocket???
Originally posted by beezzer
reply to post by campanionator
It's called a profit margin. If a business isn't making it, they raise prices.
The left will do and say anything to justify class warfare and taking more of peoples money,
Originally posted by neo96
Originally posted by beezzer
reply to post by xEphon
How is government taking more from the wealthy, going to put more money in MY pocket???
Hypocrites they say more money in their wallets grows the economy, but money in everyones wallets is evil.
Being all 3 classes.edit on 6-10-2012 by neo96 because: (no reason given)
Originally posted by xEphon
Originally posted by beezzer
reply to post by xEphon
How is government taking more from the wealthy, going to put more money in MY pocket???
By taxing you less.
Really, how is this a difficult concept to understand
Originally posted by neo96
reply to post by campanionator
America had a 90% tax rate in 1950's and people were buying houses left and right
Yeah it did BUT:
Medicare,Medicaid did not exist, the salaries were lower meaning SS benefits were lower, then add the fact there were less people using them.
then add the dollar was worth a lot more, and they were not importing thousands of products everyday we were exporting.
Originally posted by beezzer
Originally posted by xEphon
Originally posted by beezzer
reply to post by xEphon
How is government taking more from the wealthy, going to put more money in MY pocket???
By taxing you less.
Really, how is this a difficult concept to understand
So its wealth distribution then.
Gotcha!