hmmmmmm

Aug. 31st, 2003 11:14 am
symbioidlj: (Default)
[personal profile] symbioidlj
I read this article by Walter Cronkite, and had a problem with Number 3:

3. That deficit financing is bad business, and that taxes must be fairly imposed, with the heavier burden placed on those most able to contribute.

-----------------

I think in general this is true, but the terminology is still that of a rich person. The "heavier burden" placed on those....

What the fuck sort of burden is 20,000 bucks out of a million(for example... hell even 500,000 bucks out of a million still leaves a fat-ass 500,000 bucks to deal with), but compare that to, 1,000 bucks out of say... 18,000, and yeah. you'll see that one IS a burden, and one isn't.

OK, my tax rates probably aren't accurate, I'm just saying for an example...

Date: 2003-08-31 10:50 am (UTC)
From: [identity profile] vesicular.livejournal.com
Reminds me of something I read once, about how most americans don't neccesarily want the top 1% of the rich to be taxed because a lot of americans, for whatever reason, think they actually are in the top 1%.

I think there was a study done and like 20% of people think they're in the top 1% of income, and a further 30% think they will be someday. Thus half of america thinks they either are or will be in the top 1% of income at some point in their lives. Pretty dillusional.

I think this is why when you hear liberals saying they want to tax the top 1% or whatever, it doesn't resonate as much as it probably should, since a lot of people seem to think they're saying they want to tax *me* more.

Quite weird I thought.

Date: 2003-08-31 11:14 am (UTC)
From: [identity profile] zahrah.livejournal.com
grrr...politics...money...grrr

i hate money. what the hell ever happened to bartering? sheesh

~Lori

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