Quote:
Originally Posted by DJboutit
|
From your link:
"The Top 1 Percent Of Americans Take Home 24 Percent Of National Income"
You've done that to yourselves. When a government is over-reliant on the highest income earners for tax revenue, as is the U.S. because of our progressive tax system, it creates a perverse incentive to keep the income gap as wide as possible so that tax revenue is maximized. The more our country has to spend on social welfare programs, the more the government needs to keep the income gap as wide as possible in order to collect the taxes necessary to fund the growing welfare programs.
By supporting a 'soak the rich' mentality, the left, middle class, or whoever, is gullibly and willingly participating
in their own economic suppression.
More info:
Quote:
Originally Posted by InformedConsent
http://themonkeycage.org/wp-content/...02/figure2.jpg
Other countries' taxes are highly regressive - Washington Post
The Europeans want their social programs, but they're willing to pay for them. Left-leaning Americans want our country to have European-style social programs, but they want someone else to pay for them. 
Notice, too, that the countries that have regressive tax systems also have far less income inequality. I've previously explained why our progressive tax system actually creates an incentive for the government to promote highly unequal incomes. The more the top 1% earns, the more tax revenue the government collects. More here:
https://www.city-data.com/forum/28408475-post977.html
Economist Anatole Kaletsky states the same:
Quote:
|
Kaletsky argues that over-reliance on progressives taxes creates “a perverse incentive for governments to promote income inequality. If the solvency of the state and the ability to fund basic services for the poorest people in society depends on the rich getting even richer, it is tempting for even the most progressive politicians to support widening inequalities.”
|
The liberal case for regressive taxation - Salon.com
Many Americans don't understand that very basic concept and therefore are firmly entrenched in demanding the U.S.'s progressive tax system soak the rich, which by its very nature depends on keeping the income gap as wide as possible.
|
Knowledge is power.
