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steveb
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8 months ago
in Polls: Ohio Slipping Away From McCain on The Washington Independent
to tommy:
certainly feel free to redistribute your wealth as you wish. I am confused, though. The entire concept of a government that taxes is a redistribution of wealth. For example, take taxes from me and pay soldiers to fight overseas. Take my taxes and pay police-officiers and firefighter. Take my taxes and pay teachers.
So, can I assume you are against all of this?
(The progressive tax structure is a wealth re-distribution system. The IRS tax code that makes mortgage interest tax deductible is a wealth re-distribution system. So too with 401Ks. And, clearly, Social Security and Medicare are huge ones.)
It is easy to cut taxes. It is hard programs. It is hurting the economy for the government to spend too much on credit, because at some point we will need to raise more taxes than ever before to pay down the debt. And, if that doesn't happen, a devaluation of the dollar will.
certainly feel free to redistribute your wealth as you wish. I am confused, though. The entire concept of a government that taxes is a redistribution of wealth. For example, take taxes from me and pay soldiers to fight overseas. Take my taxes and pay police-officiers and firefighter. Take my taxes and pay teachers.
So, can I assume you are against all of this?
(The progressive tax structure is a wealth re-distribution system. The IRS tax code that makes mortgage interest tax deductible is a wealth re-distribution system. So too with 401Ks. And, clearly, Social Security and Medicare are huge ones.)
It is easy to cut taxes. It is hard programs. It is hurting the economy for the government to spend too much on credit, because at some point we will need to raise more taxes than ever before to pay down the debt. And, if that doesn't happen, a devaluation of the dollar will.
1 reply
Wolfgang Nordmeyer, J.d.
Look at the Great Depression. Government spending - Civilian Conservation Corps, Tennesse Valley Authority, etc. etc. etc. got the economy moving. When people have money to spend they buy. when they buy companies have to produce more. in order to produce more they have to hire more people. McCain's economic plan doesn't cut it. Obama's plan won't work unless we open a New Deal ecomony driven by production - even if the production is first done by the government.
