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Spreading the wealth around
Posted: Aug 16, 2012
Dating as far back as the pilgrims. Didn't work then. Won't work now: http://www.greatamericanjournal.com/archives/cols/Socialismhasbeentried.htm ;
True enough. . . - anon
[ In Reply To ..]but "trickle down" doesn't work either.
Letting corporate America ravage the people doesn't work. A very few super rich, nothing in the middle and massive numbers of super poor DEFINITELY does not work and is the perfect recipe for revolution.
Things will get a lot uglier before they get better.
However, Obama is not a socialist and all he is saying is that the rich should pay THEIR FAIR SHARE, which they currently do not.
It astounds me how many middle class people put everything they have in trying to protect the super rich. Talk about delusional thinking.
Obama a commited socialist - Top 2% pay over 90% of the taxes
[ In Reply To ..]What do you pay?
Of course the rich pay their fair share. - and then some.
[ In Reply To ..]Example from http://www.american.com/archive/2007/november-december-magazine-contents/guess-who-really-pays-the-taxes
"The latest data show that a big portion of the federal income tax burden is shouldered by a small group of the very richest Americans. The wealthiest 1 percent of the population earn 19 percent of the income but pay 37 percent of the income tax. The top 10 percent pay 68 percent of the tab. Meanwhile, the bottom 50 percent—those below the median income level—now earn 13 percent of the income but pay just 3 percent of the taxes. These are proportions of the income tax alone and don’t include payroll taxes for Social Security and Medicare."
You know how they just hate those STATS - blows up their tax argument every time
[ In Reply To ..]nm
I submit that a large percentage - of the "poor"
[ In Reply To ..]are being kept in that class by the entitlement, socialist policies in place in our government right now. Their incentive to work is gone.
Exactly - why work if you don't have to - Have someone else pull your load
[ In Reply To ..].
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