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This article is an excellent and worthwhile read...
In simplest terms, the richest Americans have done by far the best over the last 30 years, they are more able to pay taxes today than they have been in many decades, and they are more able to pay than other Americans by a far wider margin. At a time of national economic crisis, especially, they can and should contribute far more in taxes.
Instead, a rather vicious cycle has been at work here for years. Reduced taxes on the rich leave them with more money to influence politicians and politics. Their influence wins them further tax reductions, which gives them still more money to put to political use. When the loss of tax revenue from the rich worsens already strained government budgets, the rich press politicians to cut public services and government jobs and not to even debate a return to the higher taxes the rich used to pay. So it goes from Washington to Wisconsin to New York City. Richard D. Wolff, "Why Taxing the Rich Makes Sense"
Taxing the rich does not just make sense...it makes PERFECT sense.
Yeah, it makes great sense if you're a would be socialist.
Here's an excerpt from the about us page of your source;
Quote:
In May 1949, Monthly Review began publication in New York City, as cold war hysteria gathered force in the United States. The first issue featured the lead article "Why Socialism?" by Albert Einstein. From the first, Monthly Review spoke for socialism and against U.S. imperialism and is still doing so today.
Much as I'd like to have the same assets as the rich I'm by no means willing to further empower government in it's unending quest to seize power and redistribute earnings (while skimming a healthy portion off the top for it's own benefit). I'd be willing to bet the majority of US citizens would join me in rejecting your proposed socialist wonderland.
Last edited by outbacknv; 08-22-2011 at 07:40 PM..
Why do sad little people think giving the government ultimate control over their life and all the money in the country is the answer to everything? Grow a pair, people, man up, and go make something of yourself.
Why do sad little people think giving the government ultimate control over their life and all the money in the country is the answer to everything? Grow a pair, people, man up, and go make something of yourself.
You are getting it a bit a$$ backwards. It's corporate money that enjoys the government involvment...to pass legislation that further enriches them. The control you speak of is in the hands of Corporate America and the Wall Street Banksters and I really don't think that is what was intended when this nation was established.
This article is an excellent and worthwhile read...
In simplest terms, the richest Americans have done by far the best over the last 30 years, they are more able to pay taxes today than they have been in many decades, and they are more able to pay than other Americans by a far wider margin. At a time of national economic crisis, especially, they can and should contribute far more in taxes.
Instead, a rather vicious cycle has been at work here for years. Reduced taxes on the rich leave them with more money to influence politicians and politics. Their influence wins them further tax reductions, which gives them still more money to put to political use. When the loss of tax revenue from the rich worsens already strained government budgets, the rich press politicians to cut public services and government jobs and not to even debate a return to the higher taxes the rich used to pay. So it goes from Washington to Wisconsin to New York City. Richard D. Wolff, "Why Taxing the Rich Makes Sense"
Taxing the rich does not just make sense...it makes PERFECT sense.
I agree, we SHOULD tax the rich - and guess what, - We do, and twice the rate of the non-rich.
You are getting it a bit a$$ backwards. It's corporate money that enjoys the government involvment...to pass legislation that further enriches them. The control you speak of is in the hands of Corporate America and the Wall Street Banksters and I really don't think that is what was intended when this nation was established.
So we should tax everyone who holds shares in a corporation you deem to "rich"? Most people don't even know where their 401K money is invested. Wonder if they would agree to "sacrifice" for your utopia of shared wealth and redistribution of the evil corporate interests? Many may until they realize they are the very folks they despise.
Why do sad little people think giving the government ultimate control over their life and all the money in the country is the answer to everything? Grow a pair, people, man up, and go make something of yourself.
So taxing the rich a little more equals giving government total control over everything? That doesn't make any sense.
Why do liberals think taxing the rich is the be all and end all solution to everything? Working people in this country are not going to magically see bigger paychecks, more food on the table, less inflation, if we tax the rich more. In the end, nothing is accomplished. If high taxes equaled more prosperity, then why is a place like Oakland, or south-central L.A. down in the dumps? Why are there a lot of poor people in Washington Heights, Manhattan or Harlem?
Christ, I don't even feel like debating this issue.
Just tax the freaking rich and be done with it. I wish Obama and the liberals would just grow a pair and say, look, we're going to tax the rich, and if the right wing kooks want to shut down the government and deny millions of people unemployment to save tax cuts for the likes of billionaires, so be it.
It's time to stat calling bluffs, and it's time for the liberals to stop worrying about the political consequences. I'm sure that at first Obama might get blamed, but he needs to grow a sack or I'm not voting for his sorry ass next year. It's as simple as that.
The real problem is that the WH and the Dems can't seem to get their message out. Whatever happened to attack ads and 527 organizations? Saving that for next year? It'll be too late then. Just smear the bastards now.
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