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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (9011)	2/18/2003 2:57:07 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

jack, would you rather pay $800 sales tax on $20k earnings or $50k sales tax on $2 million in earnings? your answer to this explains why the sales tax hits lower income people more than the wealthy, even though the wealthy end up paying more tax. as an aside, the game of taxes IS NOT to lower everyone's taxes, it is to lower one's taxes MORE THAN EVERYBODY ELSES. if everyone had more money, prices would just increase and purchasing power would be about the same. the KEY is to get more PURCHASING POWER AT THE EXPENSE OF EVERYONE ELSE. the richest 1% pay about huge amount of the tax burden, something like 50%. those numbers are always touted to give the impression that life is so UNFAIR for these folks. WHAT IS NEVER STATED, WHAT IS CONCEALED BY THESE PEOPLE, IS HOW MUCH OF THE TOTAL COUNTRY'S WEALTH THEY OWN AND BENEFIT FROM! no, they don't want people to know that. that would be an honest discussion. they'd rather manipulate and trick people into believing they are america's true whipping boys and girls. -lol- if you own 50% of the stuff (or MUCH MORE!!!), paying 50% of the taxes doesn't seem unfair at all! but they don't want america to KNOW this. also, wrt to trickle down, why, oh why, oh why, should i believe that trickle down is better than trickle up? the ONLY reason it is better for the rich is they control the money. CONTROL THE MONEY. INCREASE PERSONAL PURCHASING POWER MORE THAN OTHERS. giving money to the poor would increase the wrong demographic's purchasing power relative to the rich's purchasing power. sure, they'd make money off the proceeds of the poor spending the dough. but not as much as if they get a fat check. poor people spending money creates jobs. it creates wealth. it makes the rich better off - more profits from business. but that isn't the agenda. it just amazes me every time people think and or vote against their own self interest b/c their brain is all fogged out.