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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (708054)	4/9/2013 1:51:07 PM
From: combjelly	2 Recommendations Read Replies (2) \| Respond to of 1573694

Right. Raise taxes on the middle class and the poor so the wealthy can get a tax cut. We have been doing that for more than 30 years and it hasn't worked. When do y'all wake up and smell the coffee? I mean before the middle class has been totally destroyed instead of just decimated... Shifting wealth to the top and taxes downward has triggered more than one revolution. You have just articulated a road map for the US going actually and fully socialist in our lifetime. Have you never studied history?

To: Tenchusatsu who wrote (708054)	4/10/2013 8:22:53 AM
From: SilentZ	Read Replies (2) \| Respond to of 1573694

>Get American businesses manufacturing here again. Reduce the corporate taxes and have everyone pay a flat income tax (i.e. get rid of most itemized deductions altogether). There's no evidence that this actually works. Really, none. We have among the lowest effective (not nominal) corporate tax rates in the industrialized world, if not the lowest. You want to go beyond that and compete with places where workers sleep in bunks by factories, work 15 hour days, and eat gruel? I don't. >The most sustainable taxes are taxes on everyone, not the richest 2%, not those you deem can "afford" it, but everyone. That's how you build a tax base that can survive the ups and downs of the marketplace. This defies the facts... the fact is that the top 1% are making more and more and more money in this country while the bottom 90% is seeing stagnation or a decline. How lowering taxes on the top and raising them on the bottom can be defined as "sustainable" is not just beyond me, it's beyond logic. -Z