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Old 10-29-2008, 12:25 PM   #3 (permalink)
jibber
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Quote:
Originally Posted by WendyCal View Post
Who the heck do YOU know who owns 6 houses (that aren't travel trailers! ) and makes only makes $150K/year??? My bro and his wife make more than that, and they're paying on their house, they're saving for their children's college, they have money in the bank, a disposable income, but if they had to pay 50% in taxes??? That would change.

Our prices have been going up, up, and away, and we (Dev and me) only make about $27K, and with rent, a vehicle, insurances, taxes, and utilities, we have to pay bills before we can buy groceries! And we really don't have high bills.

The further and further his proposal dips down, the less and less motivation WE'RE going to have ~ who wants a raise that's going to COST YOU???

You have a sort of bad habit of focusing in, too closely, on one particular thing or another, and it's easy to lose the Big Pic that way. (Just saying)
Oh for christs sake. No where in my post did I say that someone who makes $150K a year had six houses. I called people who make $150K a year wealthy, and anyone who says otherwise has lost touch with reality. I used the 6 houses example because there are a lot of people in the US who are that wealthy, and like Big3 stated, they are not the ones paying the majority of the taxes. Furthermore, my post was mainly to highlight the difference of opinion that I suspect we have on the issue. I have no problem with taxing the very rich more than they currently are, for the reasons that Big3 stated earlier. People making around 30K a year are the ones bearing the brunt of taxes, and they are the ones that are needed to bolster the economy. Economies fail most spectacularly when the middle class is largely abolished, and in giving tax cuts to the very wealthy, it serves only to widen the gap between the very wealthy and the poor, and since the taxes will have to come from somewhere, the middle class will be left to pick up the slack.
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