RW> RB> all the honest hard work that goes with maintaining a quality of
RW> RB> living for you
RW> RB> and your family, the working class are the ones that get stuck
RW> RB> carrying the burden for society.
RW> BR> That's largely because there are so many of us. The
RW> But its not true. If you check the numbers you will
RW> see that the upper 20% of the money earners are paying
RW> something like 80% of the taxes (federal, mostly income
RW> tax).
I'm in the 28% bracket myself - and after state taxes and social security
it gets to 50% real fast.
RW> BR> development tools, and new operating suystems from which I
RW> BR> learn what I need to learn to stay employed. The occasional
RW> BR> consulting job I get at my standard billing rate doesn't
RW> BR> make me that much - and social security gets the first 15%,
RW> BR> the state gets another 5%, the county gets another 3%, and
RW> BR> the feds get 28% - doesn't leave much. Unlike some, I
RW> BR> wasn't dependant on venture capital - but the nature of our
RW> BR> businesses is that we don't have employees, don't have
RW> Wouldn't a nice simple flat tax be nice? After all you
RW> wouldn't expect to pay more for a loaf of bread then
RW> your neighbor just because you make more money would
RW> you?
I could live with that pretty easily - and it would sure be nice to be
able
to do my taxes in a day instead of in a week.
RW> BR> When you attempt to take more from someone simply because
RW> BR> he appears to have more, you are remove from him any
RW> BR> incentive to excel, and drive him into offshore
RW> BR> investments, and removing that capital from availability for
RW> BR> startups and ventures. Does this make sense?
RW> Most people don't see it like this. They think "rich"
RW> people get that way by winning a lottery or something
RW> as easy. I would have thought the debacle of the
RW> luxury tax would have made some people realize this.
I would have thought that too, but apparently our mistake is thinking
beyond a pang of jealousy and envy when someone else is perceived to have
more.
RW> There is something even bigger, when deciding if a
RW> person, or family, is living below the 'poverty line'
RW> any government assistance is not included. IOW, if you
RW> are making $500 a month with a family of 5 you are
RW> below the poverty line. But you could be getting $400+
RW> in food stamps, $300 per month in SSI payments and $100
RW> in ADIC, which would bring your real income up to $1300
RW> a month or from $6000/yr to 15,600. (note all numbers
RW> are pulled from thin air)
This gives the social mechanics heartburn. They don't want to could
things
this way because then the numbers change from what they think they ought to
be.
RW> BR> The rich corporations are a straw man. Substitute
RW> BR> stockholders, and maybe you have something - but without
RW> BR> profits, who'd invest in a venture? I sure as hell
RW> BR> wouldn't and I'd bet you wouldn't either.
RW> With those "rich corporations" how many people would
RW> have jobs? That's the question I ask.
I work because someone needs what I can do and is willing to pay for it.
The 'rich folks' supply the venture capital for new business startups, making
more jobs. Make it hard on them and watch the jobs disappear....
--- AdeptXBBS v1.11z (FREEWare/2)
---------------
* Origin: CopShop AdeptXBBS (1:261/3050)
|