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What we see in reality is jobs being shipped to third world countries with a much lower standard of living and with less regulations completly bypassing america except in terms of the service industries for the most part. Trickle down has not only cost america jobs,
The Tea Party Republicans that Boehner has displaced desire to live in some fictional narrative of an ideal past
Originally posted by EarthCitizen07
But I also support 50% income tax on those making $10million or more per year. All the fat cat, champagne drinking, truffle eating, tahitti vacationing, good only for decision making, upper east side, depopulation planning bottom feeders.
Sorry I am greedy like that! Did I ever tell you how much I hate reagan?
Originally posted by MidnightTide
reply to post by EarthCitizen07
Exactly, who is considered rich? Still not clear on that one - is it 180k? 250k? 60k? I can be sure whatever the criteria of "rich" will be in flux, will always be people who want what they haven't worked for.
and no, I am not rich at all, modest single income earner......who is tired of all the taxes I pay so others can do nothing (and yes, I know lots of people who are leeches)
Originally posted by ThirdEyeofHorus
reply to post by EarthCitizen07
What we see in reality is jobs being shipped to third world countries with a much lower standard of living and with less regulations completly bypassing america except in terms of the service industries for the most part. Trickle down has not only cost america jobs,
No, you simply didn't understand that manufacturers left the country to avoid both the excessive and rising tax rates and regulations being heaped upon them more and more, plus the labor union mafia bosses. Now instead of ramping up the manufacturing base by keeping taxes low and stopping excessive bureaucratic legislation, you want to tax imports coming from manufacturing bases overseas which will just cause the cost of products to rise. That will hurt the poor here who are already struggling and Wal Mart will still be in charge.
It is not just EPA putting a damper on illegal dumping of toxic wastes, it is stuff like taxes and licensing fees on transportation. I know someone who works for himself and he has to go through all this bureaucratic licensing stuff just to drive in Orlando, and it's even worse in other places to some degree. To do the Cape Canaveral run requires extra licensing and fees. It's the little guy who suffers the most under this monster and the big guys, the Oligarchies will do just fine.
Originally posted by EarthCitizen07
That is all middle class status and you are mispresenting my case.
Someone with billions in accumulated wealth is taking money out of circulation and keeping it for himself/herself. That is called hoarding. Then they use those billions to buy influence within government and keep the 99% perpetual slaves.
It is not rocket science, but you are good with deflection it seems!
If the government does not collect taxes from everyone, especially from the insanely rich, then of course there is no redistribution of wealth, there are no public infrastructure projects and the ones currently in existance rot away from neglect, the military becomes weak, the schools and transporation systems become weak....everything becomes weak.
As for the debt it happens because these bilionares and some trillionares hoarde it all for themselves. If the government cannot raise enough money, don't you think it has to borrow and borrow and borrow??