Posted on 09/20/2006 7:46:02 AM PDT by A. Pole
" Some Conservatives recognize that when things get too far out of wack, an FDR comes along."
FDR only made things worse. What you want is another World War.
That's not true for those in the middle class now paying the AMT.
Thanks - that makes a lot of sense.
And yet, when I was growing up, our next door neighbor was a single mom (her husband divorced her to marry his secretary). She was able to earn enough without more than a high school education to meet all those expenses and buy a house too.
Oddly enough, tax rates are lower today then they were back then.
Too many people when it comes to economics simpily repeat what either the WSJ or Limbaugh says, and nothing else, Free Market "uber alles" so to speak, without any notion of responsibility, a large contrast to the almost paternal corporate behavior that existed into the 70s and even 80s.
John Paul II said it best, Freedom without responsibility is tyrany.
Yes, but I'll bet her standard of living was much lower then. She probably didn't have cable television, a cell phone, all sorts of home electronics, etc. Take these things out of a typical family budget today, and you'd be amazed at how far a dollar can go.
Of course we didn't have much of that stuff back then.
But, I seriously doubt that one can save enough by foregoing cable TV and a cell phone to buy a house.
" John Paul II said it best, Freedom without responsibility is tyrany."
Then he was a stupid man and a poor speller to boot.
Her "wealth" provides capital that enterprising lower-classers can use to move on up to the east side. It also earns income, which is taxed and used to fund the utopian dreams of those seeking "justice" here on Earth.
This where I stopped reading.
Remind me to never subscribe to the American Conservative.
BUMP
And she pays for the privilege, believe me, or do you think people who inherit "wealth" are never taxed again?
They are being taxed and it is good! But the free market fundamentalists would have the wealth be exempt from all taxation and all tax burden would be put on wages.
Why is that good? How is government investment better than free market investment? Do you think Ms. Hilton keeps all her "wealth" in a box, under the mattress?
Because we must have the government and taxes. And I think it is better to tax wealth than wages.
I disagree. Given increases in productivity, we should work less. If we tax wealth but not wages, we may end up forcing people to work for no good reason.
We do tax "wealth." Ms. hilton doesn't keep her "wealth" in a box. She invests it, so that her "wealth" will, at least, keep ahead of inflation (a de facto "tax" on wealth). Much of what that "wealth" earns is taxed, even though that wealth provides affordable capital for everyone else. While in the free market, that "wealth" is invested far more efficiently than it is when done by the government.
If your concern is that the cost of government be paid for, maybe you should push for (gasp!) less spending. There is no reason why we "must" have income or wealth taxes, this country got along just fine without them for over a century.
If, as your other statements in this thread indicate, you're looking for some kind of social justice, you're a socialist.
LOL! Like those old cartoons, where the character finds one can of beans in a cobwebbed cabinet, only to open it and one measly bean pops out, and he fights the other characters for it.
Playing the spelling error game is somthing worthy of 5th graders.
While at the same time industrial employment continues its multi-year decline.
While at the same time industrial employment continues its multi-year decline.
Yes, rising production with fewer workers is called higher productivity. In 1900, half the workforce were farmers. Now, only 2% are farmers and we produce more food than ever. I guess you'll explain how that's a bad thing?
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