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signature: Money is no more than a medium of exchange. Only when it has a value acknowledged by more than one person can it be so used. The more general the acknowledgment the more useful it is. Once no one acknowledged it the Germans learned their paper money had no value or use. The discovery which shattered their society was that the traditional repository of purchasing power had disappeared and that there was no means left of measuring the worth of anything. For many life became an obsessional search for Sachverte things of real constant value: For most degree of necessity became the sole criterion of value the basis of everything from barter to behavior. Mans values became animal values.
Originally posted by Hoping4Wisdom
The problem with Socialism/Social Justice/Whatever that most can't seem to wrap their heads around is that in some states (w/ state taxes included) the rich are being taxed numbers that are creeping ever closer to 50%. If we keep this crap up for too much longer we are going to see an exodus of the rich to other nations... this would not be a good thing.
Less is more. In the 50's our nation was better off than almost every nation academically. Then government really got involved and started shoveling money in and made problems where there where none before. WE THE PEOPLE have been dumb enough to allow the government to create issues so that we can give them more money. Its not even a smart plan we were just to stupid to see what was happening.
If I could paraphrase a well-known statement by Will Rogers that he never met a man he didn't like - I'm afraid we have some people around here who never met a tax they didn't like.
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Originally posted by Thoriumisbest
An increasing number of people voluntarily give away a substantial part of their income, even when they aren't big earners. Not everyone thinks that money is the number one priority in life. I guess you think money is important and that's your choice. Just remember that not everyone thinks like you..
Link to article
While that is great, do YOU give extra money? What then is YOUR priority? As for my priority, I believe I know better than some 'crat how to spend my money for best effect. Like helping my mother who is not yet old enough for SS but cannot get a full time job since, prior to her divorce from my father, she was a stay at home mother. While my father does pay her alimony, it is not enough for her to live on. I have already told my other siblings that they will need to step up to the plate when I leave the workforce in a few months.
Originally posted by Thoriumisbest
An increasing number of people voluntarily give away a substantial part of their income, even when they aren't big earners. Not everyone thinks that money is the number one priority in life. I guess you think money is important and that's your choice. Just remember that not everyone thinks like you..
Link to article
So you believe we "need" those entitlement programs, but you will not help fund them? Is that your statement? Or do I misunderstand?
Originally posted by Hoping4Wisdom
reply to post by sonofliberty1776
No no no thank you for the reply to my reply.
Originally posted by sonofliberty1776
Many of the Liberals on this site continually insist that we need to raise taxes instead of making cuts. They rush to the defense of NPR and the like saying that we have an interest in funding it. They say we should "punish the rich" for making too much money. They claim that we must fund social security, medicare and a plethora of other entitlement programs. Thus my question, a simple one that I hope to receive answers to.
How much extra money, in addition to your taxes, do you liberals and socialists give to the government each year to "help" pay for those programs you believe we so desperately need?
Originally posted by sonofliberty1776
reply to post by Garfee
In this context, a "liberal" is one who believes that we "need" NPR, PBS, and the plethora of entitlement programs that currently pervade our society.
Originally posted by sonofliberty1776
How much extra money, in addition to your taxes, do you liberals and socialists give to the government each year to "help" pay for those programs you believe we so desperately need?
It turned out that Mr. Buffett, with immense income from dividends and capital gains, paid far, far less as a fraction of his income than the secretaries or the clerks or anyone else in his office. Further, in conversation it came up that Mr. Buffett doesn’t use any tax planning at all. He just pays as the Internal Revenue Code requires. “How can this be fair?” he asked of how little he pays relative to his employees. “How can this be right?”
...
“There’s class warfare, all right,” Mr. Buffett said, “but it’s my class, the rich class, that’s making war, and we’re winning.”
In fact, the federal government collected roughly $1.004 trillion in income taxes from individuals in fiscal 2000, the last full year of President Bill Clinton’s merry rule. It fell to a low of $794 billion in 2003 after Mr. Bush’s tax cuts (but not, you understand, because of them, his supporters like to say). Only by the end of fiscal 2006 did income tax revenue surpass the $1 trillion level again.
By this time, we Republicans had added a mere $2.7 trillion to the national debt. So much for tax cuts adding to revenue.
People ask how I can be a conservative and still want higher taxes. It makes my head spin, and I guess it shows how old I am. But I thought that conservatives were supposed to like balanced budgets. I thought it was the conservative position to not leave heavy indebtedness to our grandchildren. I thought it was the conservative view that there should be some balance between income and outflow. When did this change?
Oh, now, now, now I recall. It changed when we figured that we could cut taxes and generate so much revenue that we would balance the budget. But isn’t that what doctors call magical thinking? Haven’t the facts proved that this theory, though charming and beguiling, was wrong?