What happens when we tax the rich.

[Foxfyre]

That's because homes are so expensive. We need to build affordable homes for the lower income folks. Even a small home will improve the quality of life for people and is a steppingstone for wealth building.

There are affordable homes over much of the country. The pioneer version of an affordable home was a log cabin they cut the logs and built by hand themselves

That is no longer practical with modern plumbing, electrical, etc., HVAC much of which has to meet certain code standards to protect the safety and well being and property values of nearby neighbors.

And it's all relative. A top movie star can pay cash for a multi-million dollar elegantly furnished home. The local mechanic can save up the requisite down payment but likely will need to finance the modest small home in a stable but lower income neighborhood.

But yes government regulation, zoning laws, taxes, etc. have all greatly escalated home prices over the years.

And there is political snobbery, hypocrisy, disconnect. Those who presumed to build tiny really cheap homes for the homeless were castigated by those on the left for presuming to put them in 'dog' houses. The same people seem to have no problem with the homeless living in tents, cardboard boxes, makeshift shelters or with no shelter though.

We need political will to take the addicted and mentally ill back off the streets and institutionalize them until such time as they are capable of taking care of themselves. And to send all undocumented illegals home to free up subsidized housing for citizens who are not addicted or mentally ill but just down on their luck.

Meanwhile, taxing the rich more just makes it harder for those just starting out or starting over to be able to do that.

 

[The Sage of Main Street]

College used to be affordable until the colleges got greedy.

Punishing Talent Before It Is Rewarded Makes Sure That College Graduates Have No Talent

Affordable or not, no one should have to pay tuition, which is the economic FUBAR of buying a job. Earn while you learn is the American way.

 

[The Sage of Main Street]

“The US plunders when it cannot compete, and destroys when it cannot plunder.” (c)
(Wang Yi, Chinese Foreign Minister)

Stagnancy for the Satisfied

The solution is to become more competitive. Not doing that is why England started World War I.

Our rulers know that restructuring will take away their Easy Money. They are the last people we should rely on for improving the economy.

 

[Woodznutz]

Punishing Talent Before It Is Rewarded Makes Sure That College Graduates Have No Talent

Affordable or not, no one should have to pay tuition, which is the economic FUBAR of buying a job. Earn while you learn is the American way.

That's what I did, through an apprenticeship.

 

[Woodznutz]

There are affordable homes over much of the country. The pioneer version of an affordable home was a log cabin they cut the logs and built by hand themselves

That is no longer practical with modern plumbing, electrical, etc., HVAC much of which has to meet certain code standards to protect the safety and well being and property values of nearby neighbors.

And it's all relative. A top movie star can pay cash for a multi-million dollar elegantly furnished home. The local mechanic can save up the requisite down payment but likely will need to finance the modest small home in a stable but lower income neighborhood.

But yes government regulation, zoning laws, taxes, etc. have all greatly escalated home prices over the years.

And there is political snobbery, hypocrisy, disconnect. Those who presumed to build tiny really cheap homes for the homeless were castigated by those on the left for presuming to put them in 'dog' houses. The same people seem to have no problem with the homeless living in tents, cardboard boxes, makeshift shelters or with no shelter though.

We need political will to take the addicted and mentally ill back off the streets and institutionalize them until such time as they are capable of taking care of themselves. And to send all undocumented illegals home to free up subsidized housing for citizens who are not addicted or mentally ill but just down on their luck.

Meanwhile, taxing the rich more just makes it harder for those just starting out or starting over to be able to do that.

The very poor will likely never afford a home. We need to provide affordable homes for those lower middle-class workers who are able to save.

 

[The Sage of Main Street]

Our leaders need to get their heads out of their asses so they can see what's going on. The downside for them is that proper action on the economy will cost them reelection.

A Republic's Political Elitism Is Full of Illusions

Why should these millionaires with lucrative connections care about getting reelected? Remember the GOPer chief who lost an election to a Tea Party candidate and immediately snatched a multi-million-dollar salary on Wall Street?

 

[Woodznutz]

FED Tax revenue is ~$6T. They are getting it from somewhere you DUMB OXYEN.

Research where it comes from and shup your silly BS. I will guarantee not a lot is coming from those making $31K or less married joint in the gosh darn ghetto. Or single bangers selling ganged to HS kids.

Half of the people pay no taxes at all, and many of them receive tax funded welfare.

 

[The Sage of Main Street]

They already tax inheritance? Correct?
****
In addition to the federal estate tax, with a top rate of 40 percent,

$10T a Year from the Preppy Parasites Will Abolish the Income Tax

That is all unearned money. Take it all, giving it back to those who helped HeirDad earn it.

 

[Foxfyre]

The very poor will likely never afford a home. We need to provide affordable homes for those lower middle-class workers who are able to save.

No. Providing necessities of life as a government policy is a sure prescription to ensure that more and more people will be and/or remain poor. Benjamin Franklin recognized this in the 18th Century.

From BF's "Poor Richcard's Almanac": ". . .I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. In my youth I travelled much, and I observed in different countries, that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer. . . "

We need to provide liberty, choices, options, opportunity for people to prosper more, for people to rise above poverty faster, for people to know that the way things are for them is not the way it has to be for them. For government to get out of the way so that people can strive for and reach their best potential.

In other words, promote the MAGA vision.

 

[Woodznutz]

There are affordable homes over much of the country.




.

Sadly, most are located in towns and cities that don't offer good paying jobs. Many are so run down it would cost a fortune to update them. Some of these towns are great places for retirees but not for younger families.

I had relatives in such a city that my family visited every summer when I was a kid. It was great fun, lots for kids to do. I visited there recently and the city is still filled with run down houses that sell cheap. But it's quiet and peaceful with lots to do in the area for outdoors people. However, there are no jobs. When kids graduate from high school they leave for greener pastures.

 

[leftwinger]

@my2¢

Half of the people pay no taxes at all, and many of them receive tax funded welfare.

That's right. But according to Board Stain, the "rich" aren't paying it...or their share.

 

[The Sage of Main Street]

Inheritance taxes are pretty generous.

Survival of the Fatherest Leads to Extinction

Inheritance is a cancer on society. Scratching off a little bit from that tumor won't extend this nation's life.

 

[Woodznutz]

No. Providing necessities of life as a government policy is a sure prescription to ensure that more and more people will be and/or remain poor. Benjamin Franklin recognized this the 18th Century.

We need to provide liberty, choices, options, opportunity for people to prosper more, for people to rise above poverty faster, for people to know that the way things are for them is not the way it has to be for them. For government to get out of the way so that people can strive for and reach their best potential.

In other words, promote the MAGA vision.

Home builders and local governments should cooperate to produce affordable housing.

 

[leftwinger]

$10T a Year from the Preppy Parasites Will Abolish the Income Tax

That is all unearned money. Take it all, giving it back to those who helped HeirDad earn it.

That might kill the incentive to "ear it" to "accimulateit" to pass it on.

Be careful you become NL or Cuba.

 

[Foxfyre]

Home builders and local governments should cooperate to produce affordable housing.

So you want the poor to remain poor. You want the government to provide cradle to grave subsistance for everybody.

I rather think Benjamin Franklin's point of view was far more compassionate than that.

 

[Woodznutz]

Survival of the Fatherest Leads to Extinction

Inheritance is a cancer on society. Scratching off a little bit from that tumor won't extend this nation's life.

Leaving something for your children is Biblical. Proverbs 13:22.

 

[Foxfyre]

Half of the people pay no taxes at all, and many of them receive tax funded welfare.

Which is why I say ALL income above a reasonable fairly low threshhold should be taxable. Those who vote people into office to lead us should have some skin in the game when those people are dealing with the tax code.

I am a flat tax person that everybody, above that reasonable threshold, should pay.

 

[Woodznutz]

So you want the poor to remain poor. You want the government to provide cradle to grave subsistance for everybody.

I rather think Benjamin Franklin's point of view was far more compassionate than that.

We need to address the reasons people are poor. When poverty becomes a comfortable way of life there is little that can be done to change it. Many of the poor aren't capable of changing anything in their lives even with help. My brother wasn't poor, but he was an alcoholic. Nothing could change that. It finally killed him. So it is with many of the poor. The rest of us must recognize that and move on.

"The poor you will always have with you." J. Christ

 

[Foxfyre]

We need to address the reasons people are poor. When poverty becomes a comfortable way of life there is little that can be done to change it. Many of the poor aren't capable of changing anything in their lives even with help. My brother wasn't poor, but he was an alcoholic. Nothing could change that. It finally killed him. So it is with many of the poor. The rest of us must recognize that and move on.

"The poor you will always have with you." J. Christ

You keep moving the goal posts here so quickly it's dizzying.

Yes I agree that local and state governments--not the federal government--should have means to institutionalize the addicted and mentally ill who are not capable of taking care of themselves. People like you should be petitioning your government to do just that. It's easy to say 'we should' do whatever. Not so easy to be proactive.

But taxing the rich more will not accomplish any of that. However, the rich might be persuaded to help establish and fund those institutional that would if they were persuaded that would be a good thing.

 

[Fort Fun Indiana]

Hey look, it's Republican propaganda from 1981!

Very charming.