You really are pretty dense arent you?
Ok, not jealousy, envy.Originally Posted by .blank cd
No you cant.
[QUOTE=.blank cd;39243426]Sorry, but 200k doesnt go half as far as you think it does. Cant even get a 200k mortgage will only 200k in taxable income, which would actually be about $18000 in take home with your tax plan. Cant go on vacation, buy a car or send a kid to college with only 20k a year in take home pay either. You might be able to find some nice section 8 housing though.
Or buy a car or 2, go on vacation, buy a house. You may not need a million dollar salary for that, but it does get you higher quality.
This is one of the many industries that jobs are created by those that have earned some wealth. Millionaires hire people to cook for them, clean for them, take care of their cars, boats and lawns.
What, measures are you using to say quality of life was better?
The relative weakness of the modern middle class has nothing to do with personal income taxes. The weakness has to do with American corporations competing on an unlevel playing ground with China, Mexico, and other third world countries that do not have the high labor costs that are present in the US. Those same companies that American companies are competing with are also aided by the fact that they dont suffer under the same corporate tax rates that are found in the US, which are the highest in the world. American markets are also far more open to foreign competition that most other markets are to American competition. This usually means very high import taxes on American goods which drasticly raises the final price. Add all of these things up and you will se that the weakness in the middle class is directly related to the weakness in the American manufacturing sector.
As usual, you are wrong. Small business owners, and especially sole proprietors do not separate their business income from their personal income. Most may be set up as some type of corporation to shield personal assets from business assets, but as far as income goes, they are one in the same. If the business has a bad week, the owner doesnt get paid, if they have a great week, the owner gets a great paycheck.
And why is this wrong? Why should the owner of the company, the one that took all of the risks in starting the company, lower his standard of living? Greed is supposed to be this dirty word designed to make otherwise honest businesspeople seem to be the enemy.
Another example that you really have no clue what you are talking about and simply spouting off what you have heard from politicially dependent politicians. The problems with our current economy can be traced to one major thing, and MANY much smaller things. That one major thing being that bottom falling out of the housing industry. When that bubble burst it affected every portion of the American economy. Those sectors that werent directly connected to housing were affected by the losses that the financial sector took. Those that were directly affected by the housing or financial sectors were hurt by the massive loss of jobs in all sectors, especially sales and manufacturing.
I'll let you do your own research into the causes of the housing meltdown. Of course, you will probably just let Obama do your research for you anyways so you still wont have a clue.
Why dont you point out 1 example of greed for greed's sake that is also legal. I would agree with you in a case like Bernie Madoff or Enron.
Actually it did work for Reagan. As he lowered taxes a stagnant economy started to boom at the end of his presidency. Tax revenues were also much higher when he left office than when he went into office even though tax rates were far lower.
Lets say the same thing in reverse. Lets stop catering to the poor and cater to everyone. Lets treat everyone equally. No more of the 47% of American families that pay zero income taxes. Also, no more tax shelters purchased by corporations in the the form of political donations.
Here are the top 10 donators of the last 20 years.
http://thewhitedsepulchre.blogspot.c...m-last-20.html
This think its those evil republicans catering to business?
I'm glad that you recognize that you are part of the problem. Now I wonder if you are willing to open up your mind to reality and actually try to understand what it would take to fix it.
BTW, liberals always seem to think the best way to make a "fair" society is to bring the top down, not bring the bottom up.
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