Wrong
No
And here's your continued distortion. A man making $4,000,000 should not be paying the same "amount" as a man making $40,000. Equal percentage, not equal pay. You are also performing the sliver spoon distorted notion that someone making more money somehow works harder than those who make less
(indeed, it is quite often the exact opposite). As to your argument of,
"inequality in contribution," I am not surprised to hear that argument and it reaffirms my earlier comment about how your initial post demonstrated you are incensed at the Democratic efforts to ensure everyone pays an equal percentage of their income to their respective governments. You know, my comment
<here> that you denied earlier but now full embrace in all its glory?
Anyway, we have here a failure to communicate. You are advocating laissez-faire governance that interacts with a money-driven political system "adjusted" to grant excessive power to the most affluent. In short, inequality that violates moral values. An argument that states inequality of wealth and political influence is acceptable, yet equal taxation is not. I cannot advocate any of that.
Let's also pose that a man making $40,000 annually is posed with living expenses on or about $30,000. Yet a man making $4,000,000 annually is posed with living expenses on or about $30,000, with all else being "luxury" and therefore not necessities for daily living. So then let's say we set a base rate for taxation, one based on the average income for all citizens. Let's say that taxation is $12,000 annually for every citizen. Now we have the man with $40,000 annual income, $30,000 in living expenses, and $12,000 in taxation, putting him at $2,000 in debt to the government. In contrast, we see the man with $4,000,000 annual income, minus $30,000 living expenses and $12,000 in taxation, and this poor man has $3,958,000 remaining. Fair?
It does surprise me that this very nation, and the citizens therein, that has provided everyone the opportunity to become successful cannot benefit from the opportunities they provided. Indeed, in my earlier research I was quite dismayed to see many millionaires have not paid back their government-subsidized student loans
(in excess of $380,000,000,000) and who benefit from a multitude of government programs, the vast majority of which address I&E percentages
(you know, that inconvenient truth?).
And yet you argued the exact opposite. Also, those tax brackets are not equal and do not address the other forms of income available to the wealthy, the means and manner by which they obtain their respective wealth (capital gains, stocks, investments, etc). This is something presently being argued in Congress and the White House, but is unlikely to be addressed in our lifetimes.
This is another distraction argument, posing the notion of taking all the money away from the top 1%, when the real argument is about equal taxation. But, I'm going to bite and see if you're silly enough to exploit that argument.
At present, in the U.S., the top 1% holds 43% of all U.S. wealth, the top 5% holds 72% of all U.S. Wealth. Take a gander at the American Pie chart for insight into just how incorrect is your previous statement:
Interesting. So you just made a claim, in your previous post, of people looking down on you when you were down and out, and yet you just posed the exact same thing with that above statement, essentially referring to those needing government assistance as being
"people who contribute nothing to our society except crime." Hypocrisy much?
First, attempting to discredit Warren Buffet by calling him a,
"senile old man" is a desperate fallacious argument. Second, it doesn't matter "how" you obtain your income, it's
still income. Geez...
A backhanded apology if I ever heard one. Anyway, I'm not offended by your hypocrisy.
I posed statistics to refute your comments that things are worse today, that the American dream is gone. I did not pose statistics to state that things are better, nor did I assert such. I also did not claim that things are horrible solely because some have more than others.
To be quite frank, I am not sure why you keep creating all these fabrications. It's as if by posing so many red herrings you hope to distract the readers from your earlier erroneous assertions.
lol, wait... did you bother to read my earlier post? The one where I said,
"my view of the American dream doesn't exist, and never has. What we have instead is the hype."
Let me know when putting words in my mouth, distorting what I state, actually pays off for you.
