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.
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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...
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...
no subject
Date: 2003-08-31 10:50 am (UTC)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.
no subject
Date: 2003-08-31 11:14 am (UTC)i hate money. what the hell ever happened to bartering? sheesh
~Lori