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Old 01-08-2011, 08:54 AM   #2
GoblinGaga

Join Date
Oct 2005
Posts
475
Senior Member
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No, you have politicians SAY they're looking at what they can cut. After all, they've been SO good at actually following up on promises to cut their wayward spending ways in the past haven't they?
Under Democratic Presidents, yes, they have been good at cutting. Jimmy Carter reduced the size of gov't by the end of his term, and Bill Clinton did the same while insisting on having the rich play their part as well.

But this time regular people are being asked to sacrifice yet again while wealthy people are not. It makes no sense. There is no way I should be paying a higher tax rate than a guy like Steve Forbes whose sitting on a fortune of inherited wealth, who pays only the capital gains on that.

The person like me who makes $30k a year should be paying the 15% while the one sitting on $30 million should have to pay a more progressive tax rate. Why? Because I hate the wealthy? No, because in a country that allows you to make as much as you want, it only makes sense that you have to kick a little back in to keep the country in #1 status on many things across the board, and for the sake of keeping the books balanced.

What this debt deal does is raise my taxes in effect, since if they're going to cut Medicare and Social Security, or raise the retirement age or whatever, they're asking me to accept less services but at the same amount I'm being taxed, which is a tax increase on me while Steve Forbes must sacrifice nothing. This is why the US is not #1 anymore, because the accounting trick is to make it so that the middle gets screwed every time there's a big decision to be made. Makes no fucking sense.
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