Quote Originally Posted by El Kabong View Post
Quote Originally Posted by Gandalf View Post
Quote Originally Posted by El Kabong View Post
Quote Originally Posted by Kirkland Laing View Post
The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.

OK so incredibly high taxation CAUSED growth....ok, that works for me
Can you explain your objection to the superrich paying in a progressive taxation system without using loopholes to end up paying proportionally less than people on far lower incomes?
I don't know, can you defend lazy assholes abusing welfare and disability funds supplied by taxes from the aforementioned "superrich"?
The impact of the welfare recipients, is infinitely tiny compared to the impact made by the super rich. The rich in any society have an obligation to pay more. It's a progressive taxation system. Nobody is making them poor and in fact they aren't even paying their share anyway as they hide their money.

The debt of your country is so high because of the elite and they are handing money over to the elite. You could give every unemployed person 100,000 dollars for that, or wipe out student debt and give a cash incentive to look for a job. Instead, they gave it to banks who sat on the money and swapped it with the government.

If you really wanted people to spend and stimulate an economy, you should have instead have given free money to the people who have less. At least they would have bought things and put it in the economy. The US showed it's true colours.

The goal is money printing, inflation, and the erasing of debt all at the expense of the middle classes. The rich are protected as they are rich and have handouts, the poor are safe as they had nothing and get handouts, the victims are the middle classes; they are getting gauged to pay for all the shoddy crooks.