AP
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Wed Oct-22-03 11:28 AM
Response to Original message |
| 11. Repub gov'ts are wealth-protection societies. |
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Ideally, to get wealthy, one should have to work hard, and create something of such value to society that people are willing to buy it. Once many people get wealthy, they want to be able to stay wealthy without having to work to keep that wealth. That's where Republicans step in.
One of the most effective tools to create a permanent class of wealthy and a permanent class of middle and working class is through the tax code.
The tax code is always creating incenctives and rewards. By loading up the tax burden on people who work for a living (by taxing earned income at the highest rates) and unloading the burden from the wealthy (by taxing unearned income at the lowest rates), the gov't creates a society in which the ALREADY wealthy get wealthier without having to work or create any new value for society, and the people who work have to work so hard just to tread water that they'll never threaten the hegemony.
This is the consequence of being able to convert monetary wealth into political power so easily in the US. The wealthy have purchased themself a wealth-protection society, and it's making society poorer and it's slowing down innovation and progress. Europe went through the same thing at the end of the monarchies. Those societies rewarded wealth, loaded the burden up on the middle class, the middle class emmigrated to countries where they could reap the rewards of their labor, and those new societies forced the monarchies to convert to democracies are risk being pushed to the margins.
The US is trying to use its military and subterfuge to prevent having to abandon the wealth-protection model of society becuase they know it's uncompetitive.
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| -Why do repugs want tax cuts for the rich? |
Brucey |
Oct-22-03 10:58 AM |
#0 |
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A Few of Them Sincerely Believe |
durutti |
Oct-22-03 10:59 AM |
#1 |
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Yes - And |
eileen_d |
Oct-22-03 11:01 AM |
#2 |
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Exactly |
Lindacooks |
Oct-22-03 11:03 AM |
#4 |
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Actually... |
QuestioningStudent |
Oct-22-03 11:08 AM |
#6 |
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Taxation is billing for services; you advocate subsidizing the rich |
PurityOfEssence |
Oct-22-03 11:29 AM |
#12 |
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eh... |
QuestioningStudent |
Oct-22-03 01:00 PM |
#22 |
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Interesting points |
PurityOfEssence |
Oct-22-03 03:22 PM |
#48 |
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Brief analysis of market liberalism. |
QuestioningStudent |
Oct-22-03 09:32 PM |
#64 |
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No flaws in your general recitation |
quaker bill |
Oct-23-03 06:57 AM |
#68 |
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To be completely fair |
QuestioningStudent |
Oct-23-03 07:38 AM |
#69 |
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There's a curve representing a fair tax burden at increasing inc. levels |
AP |
Oct-22-03 11:33 AM |
#14 |
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define |
BikeDeck |
Oct-22-03 12:56 PM |
#19 |
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Fair share is this: |
AP |
Oct-22-03 01:40 PM |
#26 |
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How about some numbers |
BikeDeck |
Oct-22-03 01:42 PM |
#27 |
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Without having a team of economists crunching numbers, I can only |
AP |
Oct-22-03 01:51 PM |
#30 |
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Risk/Reward |
Hammie |
Oct-22-03 05:15 PM |
#51 |
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more money for more risk? |
stevebreeze |
Oct-22-03 06:00 PM |
#54 |
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Fiancial Risk |
Hammie |
Oct-22-03 07:19 PM |
#61 |
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Not just risk. The more passive the investment, as less effort is required |
AP |
Oct-23-03 01:53 AM |
#66 |
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If tax shares are fair you would find all income growing in unison |
stevebreeze |
Oct-22-03 06:26 PM |
#56 |
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Either way the rich get richer and poor get poorer |
Bandit |
Oct-22-03 11:59 AM |
#16 |
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Largess |
BikeDeck |
Oct-22-03 12:58 PM |
#20 |
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In my local area many have been cut. |
Bandit |
Oct-22-03 01:45 PM |
#29 |
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Education funding |
BikeDeck |
Oct-22-03 02:00 PM |
#35 |
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Then why are most school district budgets declining? |
ShimokitaJer |
Oct-22-03 02:04 PM |
#38 |
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What are they spending it on? Buying standardized test programs |
AP |
Oct-22-03 02:42 PM |
#47 |
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The top 5% pay a way lower proportion of their wealth in taxes than the |
AP |
Oct-22-03 01:55 PM |
#32 |
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Wealth is irrelevant |
BikeDeck |
Oct-22-03 02:04 PM |
#37 |
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Spreading the burden of taxation fairly is critical to a competitive... |
AP |
Oct-22-03 02:26 PM |
#42 |
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Have you ever heard of "The Declining Marginal Utility of Currency"? |
tom_paine |
Oct-22-03 01:55 PM |
#33 |
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Payroll taxes |
BikeDeck |
Oct-22-03 02:05 PM |
#39 |
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The wingers can only argue this by narrowing the focus (and even then they |
AP |
Oct-22-03 02:31 PM |
#43 |
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Isn't this true because an overwhelming percentage of the income taxes pai |
Bandit |
Oct-22-03 04:08 PM |
#50 |
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Actually, their only choice is to invest it, spend it, or give it away.... |
NoMoreRedInk |
Oct-22-03 06:45 PM |
#59 |
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right on both counts |
WhoCountsTheVotes |
Oct-22-03 11:02 AM |
#3 |
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Because they agree with the Dems |
sangh0 |
Oct-22-03 11:03 AM |
#5 |
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All of the above |
mrgorth |
Oct-22-03 11:11 AM |
#7 |
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Because they deserve it |
DBoon |
Oct-22-03 11:17 AM |
#8 |
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Because even the 'good' ones |
JewelDigger |
Oct-22-03 11:25 AM |
#9 |
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It's the default answer to What would Reagan Do? |
HereSince1628 |
Oct-22-03 11:26 AM |
#10 |
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Laffer Curve |
BikeDeck |
Oct-22-03 01:00 PM |
#21 |
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The Laffer Curve is true ONLY if... |
ShimokitaJer |
Oct-22-03 01:23 PM |
#24 |
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maximization |
BikeDeck |
Oct-22-03 01:34 PM |
#25 |
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The goal of the US government is NOT to maximize profits |
ShimokitaJer |
Oct-22-03 02:00 PM |
#36 |
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What profits |
Hammie |
Oct-22-03 07:06 PM |
#60 |
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Repub gov'ts are wealth-protection societies. |
AP |
Oct-22-03 11:28 AM |
#11 |
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Read this excellent essay by Bill Moyers on this |
prolesunited |
Oct-22-03 11:31 AM |
#13 |
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I long ago gave up caring what repugs think. |
leftofthedial |
Oct-22-03 11:36 AM |
#15 |
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Because they think *they* are rich. |
Cat Atomic |
Oct-22-03 12:06 PM |
#17 |
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Ding, ding, ding, ding, ding! This is the correct answer. |
alcuno |
Oct-22-03 06:03 PM |
#55 |
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Let me defend Free Market Repubs here |
corporalclegg9 |
Oct-22-03 12:35 PM |
#18 |
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Thanks for playing the devil's advocate |
ShimokitaJer |
Oct-22-03 01:18 PM |
#23 |
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The other part that I don't understand about the conservative |
Brucey |
Oct-22-03 01:53 PM |
#31 |
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but they don't believe it |
WhoCountsTheVotes |
Oct-22-03 01:43 PM |
#28 |
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I think that they DO believe it... |
corporalclegg9 |
Oct-22-03 02:10 PM |
#40 |
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There is no place in the world where markets are totally free, |
Brucey |
Oct-22-03 05:52 PM |
#53 |
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There is a difference... |
QuestioningStudent |
Oct-23-03 06:22 AM |
#67 |
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Money is "wasted" on poor/middle class people |
SoCalDem |
Oct-22-03 01:58 PM |
#34 |
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Besides, rich people need more money... |
ShimokitaJer |
Oct-22-03 02:14 PM |
#41 |
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I know the answers. |
GOPBasher |
Oct-22-03 02:35 PM |
#44 |
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Pure and simple |
indypaul |
Oct-22-03 02:39 PM |
#45 |
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Three kinds of Republicans on this issue |
ComerPerro |
Oct-22-03 02:42 PM |
#46 |
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Did you catch Norquist on NPR? |
Sesquipedalian |
Oct-22-03 03:26 PM |
#49 |
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Three Words: |
mkregel |
Oct-22-03 05:17 PM |
#52 |
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Capitalism |
Hammie |
Oct-22-03 06:39 PM |
#57 |
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"...cutting the tax rates, particularly on the rich, will grow the ..." |
SoCalDem |
Oct-22-03 06:41 PM |
#58 |
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The Problem w/ This Theory |
durutti |
Oct-22-03 08:06 PM |
#63 |
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Good points |
Hammie |
Oct-22-03 10:17 PM |
#65 |
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Precisely, oh a tangled web they weave... |
HypnoToad |
Oct-22-03 07:40 PM |
#62 |