Posted on 10/07/2024 11:23:39 AM PDT by SeekAndFind
A PAC supporting Kamala Harris runs an ad that features Harris making the following impassioned statement,“We are helping dig families out of debt by telling billionaires to pay their fair share!” The commercial presents this exclamation as Harris’ “reason for running” for office, but does not explain what it means.
Some of the audience tries to guess what this statement means while Harris’ supporters do not care and will vote for her regardless of what she says. Those who care to understand must speculate for an explanation. To whom will “billionaires” pay this undefined “fair share?” We can guess that she is talking about paying taxes. She does not explain how billionaires paying more taxes will help dig families out of debt.
After three years of the Biden-Harris administration, consumer debt reached an all-time high of 17.8 trillion dollars in quarter two of 2024. This total was comprised of more than 12.5 trillion dollars in mortgage debt and over 5 trillion dollars in automobile and credit card debt. There is no official federal program to relieve consumers of this debt -- except for bankruptcy, which brings its own complications.
There is no connection between higher taxes and lower consumer debt. Higher taxes hurt the economy, cost jobs, and make it more difficult for consumers to pay their debt. Harris has strung together two unrelated concepts.
Both of these concepts appeal to a left-wing base that neither understands nor cares to understand what is destroying the country. Everyone would like to owe less money, while leftist politicians have talked vaguely about “fair share” for many decades. Harris does not expect her base to question whether there really is a connection between vague “fair share” talk and their own growing consumer debt.
(Excerpt) Read more at americanthinker.com ...
That’s like the $6k for the crib and the baby formula. Suburban housewives. Not as effective as soccer moms.
Harris:
“I’ll steal for you if you vote for me!”
Anybody who still supports the Democrats has an evil and criminal heart, mind and soul.
Well the democrats are experts with tax loopholes so it’s your fault
There is no connection between higher taxes and lower consumer debt.
One of the democrat party major problems they can’t understand why not.
They are hooked on spend your way out of debt.
.
And when you ask ‘em “How much should we give?”
They only answer “More, more, more!”
(I’m not a billionaire, but I’m sure they want the same from me... More, more, more.)
If billionaires paid their fair shares Bezos would have more to smile about than his new female.
35 trillion in national debt and these elite DC leftards have some nerve trying to guilt us all into their ‘fair share’ leftist mantra. It’s like a burglar accusing you of not providing enough to steal.
THE STATISTICS FOR THOSE WHO FILE TAX RETURNS:
The upper 50% of FILERS pay 97% of the taxes.
THE bottom 50% of FILERS pay 3% of the taxes.
Is what the government does with the money less evil than what the billionaires do?
There it is.
Never, not once, have I heard these people say what a “fair share” is. Odd isn’t it? They talk about it all the time but simply refuse to define it. That “pig in a poke” thing is very disturbing.
Good points all ... and while I don’t know the exact percentages there is this: the top 5% earners pay 90% of the taxes.
Also add that a huge percentage of taxpayers pay nothing at all. This is a good argument for abolishing the income tax and installing a national sales tax.
i have heard thiis ‘fair share’ mantra since bill clinton.
it has been questioned, and never defined.
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