11-05-2008, 06:59 PM
hotzester Wrote:Quote:Maybe it's not "fair" that you'd get taxed at a higher rate, but life's not fair, and why not help out the rest of the nation that supports your growing business?
How can you make a statement like that, then turn around and argue for handouts for the less fortunate? Here's a bit of a life lesson for anyone who wants it: If $500 is enough to rescue you from the squalor you currently live in, you're not living in squalor.
Quote:Ultimately, however, we will see which theory is best, trickle up or trickle down. After the last 8 years, I'm willing to at least give trickle up a try.
We tried it. From 1980-1988 we had a TRUE conservative mind, and now people call the 80s the decade of excess. Then in 92 we did it the other way, and things started to fall apart.
I've seen several people that were very close to me that had they had $500, they could have put pants on their daughter who was wearing shorts in the winter time, they could have bought chicken to put next to their ramen noodles for 100 days, they could have paid one month of the three months rent that they were late and coul have saved themselves from being evicted only to be sent to a shelter. $500 can do a LOT for people in need.
I do, however, see where you're coming from. If life's not fair, then it shouldn't be fair for anyone. But I think that life not being fair for rich folks is a lot esaier. Instead of making $250K and getting taxed down to actually pulling in $210K is tough, but you're still making $210K! Then there's someone who is making $25K and getting taxed down to $21K. To me, it seems like that person still has it much harder, and I think we should let them keep more of that money. I guess the problem I have with it is this: There are so many people who make large amounts of money and argue that they've worked harder for it. I've seen many of those people "working hard", and they don't even come close to working as hard as some of the people who make only $30K or $40k.
I'm curious how things fell apart beginning in 92. I'm not saying they didn't, but I'm pretty sure some of the wealthiest people in the world thank their lucky stars because the 90s were economically amazing. Albeit things did fall apart at the end of the dot com era. I'm also under the impression that during the eighties inflation was in the 15% and up range, right?