Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Bread Upon The Water who wrote (197889)	8/21/2012 10:36:59 AM
From: Cogito	Read Replies (1) \| Respond to of 541273

But then is the answer to EXCLUDE any participation by the middle class in the need for higher revenue streams? Notice I said higher revenue streams---not any revenue streams. Unfortunately, that's probably not going to be possible, while still making the numbers work.

To: Bread Upon The Water who wrote (197889)	8/21/2012 10:38:44 AM
From: JohnM	Read Replies (1) \| Respond to of 541273

But then is the answer to EXCLUDE any participation by the middle class in the need for higher revenue streams? Notice I said higher revenue streams---not any revenue streams. If I were in the "smoke filled" rooms that work out legislation to deal with this, I might entertain this question. But since I'm back here in my small study in New Jersey with my only serious political input being my friends on the town council and the town mayor and on the board of education, I don't think that way. My thinking says that what should happen is that the US should work its way back to the tax rates prior to Reagan. And then see what social programs should be cut. That's obviously not a realistic political thing, but it's a goal. And I like to evaluate stuff in terms of that goal. If we have to declare open political class warfare to get there, fine with me and I can make several arguments as to why that's the way to go. If we have to do the class warfare thing but mute it some way, for political reasons, I can see that--not my preference but far better than saying the non wealthy should drop all the class warfare stuff. But I continue to think that the largest contributor to the large class inequalities in the US that we can do something about is tax policy.

To: Bread Upon The Water who wrote (197889)	8/21/2012 10:42:50 AM
From: Wharf Rat	Read Replies (2) \| Respond to of 541273

"is the answer to EXCLUDE any participation by the middle class in the need for higher revenue streams" We are participating. Nobody is suggesting we stop paying taxes. Oops; R's want everybody to stop participating, but I'm not counting that. Should participation be increased? I wouldn't object to increasing taxes above $100K, instead of $250. = Back to Dick Akin, cuz that's where the TV is... why do they keep asking a guy who made his name with "forcible rape" to pull out?