Ray From Cleveland, post: 19059607And you failed to answer my question: if the top 1% pay almost half of those income taxes for the rest of us, and that is not enough, how much should they be paying and why?
They aren't paying it for the rest of us, idiot. They possess twice as much wealth as the rest of us.
They are paying to protect their enormous wealth and assets.
No hate here. Just let them pay taxes in proportion to what they possess.
I see you also failed to answer my question.
We are a country of 315 million people. 4 million of our people are paying nearly half of all collected income taxes. If that's not enough, what percentage should those 4 million pay for the rest of us? And yes, they are paying for the rest of us.
Obviously they get more from this country than some middle class man working to keep his family going.
But that is not relevant.
Why do you want to borrow money to give it to rich people & well off corporations. Trump nw has tens of milions more dollars. And morons like you think that helps create jobs for Americans?
That is the entire issue intelligent people have against the tax cut bill.
If you amt to spur the economy, put money in the hands of those that will spend it.
Well.......the quickest answer is that it comes from the Democrat party and politicians. Hate people because they own businesses, hate people because they don't pay their workers enough, hate people because they get tax breaks, hate people because they have stuff the rest doesn't. It's brainwashing as usual.
But in my opinion, it must have deeper roots than politics.
Hate is usually a defense mechanism. Hate comes from fear or threat. You may hate your supervisor because he or she threatens your future with the company. Hate may come in forms of race where you feel a threat or fear for the safety of your family or investment of your home. Hate may be of gender where a person was abused by their spouse or even a stranger. It comes from somewhere. You don't wake up one morning and say "I really hate that Donald Trump. I didn't mind him yesterday, but today I wish he'd fall off a cliff."
I guess this question is really for the libs since they lead the charge in wealth hatred. If you agree with my assessment that hate derives from fear or threat, what has the wealthy done to you in the past that makes you feel this way? Or is it you were told by the Democrat party to hate wealthy people?
Well.......not all wealthy people of course. Liberals tend to give waivers to sports figures, entertainment figures, lottery winners, people that do things they enjoy instead of working for wealth. But if you went to college, worked your way up the ladder, made investments, and became wealthy through work, you are the worst creature on earth, and the Democrat party simply fuels that flame.
I come from a somewhat rich household worth 1.4 million.
However, I think most rich people kind of suck,as do most poor people kind of suck.
But, the rich people are more dangerous, especially ones in our institutions.
Look at the brats in media, Hollywood, the NFL, or businesses hiring illegals, or outsourcing.
The Goldilocks effect. Those who are not like me (the very rich, the very poor) are bad.
A lot of racists use that same supposed logic. They think blacks and Hispanics are too dumb and Asians and Jews are too smart and each is threatening to white people.
However by liberal standards, that kind of hate is unacceptable. Why is wealth hatred acceptable by liberals?
Ray, liberals don’t hate the wealthy. Most liberals aspire to BE wealthy. What they hate, is skewing the economy to heavily favour the wealthy.
When Reagan was elected President, there was an economic balance in the US where a rising tide lifted all boats. The American economy was strong because the working and middle class had financial security and savings. Reagan changed that balance and tilted it to the wealthy. The working class stopped getting raises. Profits mattered more than people.
Reagan removed most anti-trust provisions were lifted, allowing larger and larger corporations to be created. Now almost all retail is mega-chains and big box stores. Mega corporations employ millions but the money all goes to the top and the shareholders, while the employees who generate that income receive government assistance.
Wages for low income front line workers have been stagnant since the 1980’s. Not coincidentally, government assistance programs have grown under Republicans. The number of people receiving food stamps doubled the first two years of Reagan’s administration and never declined thereafter.
When Reagan was elected, the working class had savings. They owned 5% of the wealth of America. Not a lot to be sure, but they had a stake in things. That was gone before the outsourcing began in earnest under George W. Bush. The American middle class is shrinking and the recent tax cuts made by Trump will only accelerate that process.
W’s tax cut and refusal to raise minimum wages got the destruction of the middle class going big time. Trump just doubled down by cutting taxes with a huge deficit and full employment. Dumb and dumber.
Well he did say he would run the country like he ran his businesses. 7 bankruptcies and counting.
Good post. The problem is not the wealthy, although many of them are ill equipped to handle that wealth. The problem is a society that is tilted in favor of the wealthy. If you want a glaring example of the results of that tilting you only have to look at our current president and his children. Had Donald Trump grown up the son of a pump operator at the city water plant, like say, Michelle Obama, he would be damn lucky to be a manager at the local McDonalds. And his children are even worse. Ivanka is considered the brains of the bunch, and she is "dumb as a brick". I mean seriously, how dumb do you have to be to fail to report valuable art work on your financial disclosures and then post pictures of them on social networks?
In the United States today a child from the bottom quintile of income that tests at the top quintile on the SAT has the same chance of entering college as a student from the top quintile of income testing at the bottom. Contrast that with both China and India, where those testing at the top gain admission to their top universities regardless of their income.