Skynet
Member
- Jun 8, 2011
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- #121
If you truly believe that having a very small percentage of people increase their wealth exponentially while the rest of the people's wealth diminishes than nobody can help you. This is exactly what has been happening over the last 30 years. If it continues, eventually there will be a revolution. History has proven this time and time again.
I used to support much of this type of thinking. The difference is that I see how much it has hurt us as a country. It is the main reason that our kids, as a whole, will have a lower standard of living than our generation, and it will only get worse from there if we continue with policies that reward an elite class of people while completely neglecting the needs of the masses.
Income taxes, which is the topic we are discussing, only apply to money that is earned.
It isn't a "reward" to keep the same percentage of what one earns as everyone else.
That's called justice, equality, and equal treatment.
On a separate topic:
For the record, I agree that we will need to increase taxes.
But first, spending needs to be cut to the bone.
If we raise taxes before spending is cut, spending won't be cut...congress will just kick the can down the road....again.
then why does every GOP solution continue the mantra of cutting taxes? look at Pawlenty's plans, he wants to eliminate all together the capital gains tax, interest income tax, dividends tax and the death tax. all which favor only the wealthy.