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Attacks on the poor.

Started by guest7654, May 24, 2007, 08:45:14 PM

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guest7654

The other day I was thinking about the massive amount of power the Corporations have over our government and lives in general. 

I came to the conclusion that taxes can be relative and that a tax cut for the rich can actually just be a disguised tax hike on the poor. 

Is there any basis to this argument??

The Good Reverend Roger

Quote from: rzasthole on May 24, 2007, 08:45:14 PM
The other day I was thinking about the massive amount of power the Corporations have over our government and lives in general. 

I came to the conclusion that taxes can be relative and that a tax cut for the rich can actually just be a disguised tax hike on the poor. 

Is there any basis to this argument??

Yes.  When federal income taxes are cut, the shortfall has to be made up somewhere.  Usually this happens at the state and local level, and moves the burden down from the rich to the poor.
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"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
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guest7654

So why don't the Dems bring this up when tax cuts are proposed by the Republicans?  Explain that they are really just raising taxes for the working class.

Cain

The fallacy of "trickle down economics".

AFK

Quote from: rzasthole on May 24, 2007, 08:45:14 PM
The other day I was thinking about the massive amount of power the Corporations have over our government and lives in general. 

I came to the conclusion that taxes can be relative and that a tax cut for the rich can actually just be a disguised tax hike on the poor. 

Is there any basis to this argument??

Maybe, but even if that doesn't happen, it still will bite the middle and lower classes in the form of cuts in funding to programs for those social classes.  Less revenue = less financial support for said programs. 
Cynicism is a blank check for failure.

The Good Reverend Roger

Quote from: rzasthole on May 24, 2007, 08:54:56 PM
So why don't the Dems bring this up when tax cuts are proposed by the Republicans?  Explain that they are really just raising taxes for the working class.

Because the Dems are not an opposition party.
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

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Cain

Quote from: Rev. What's-His-Name? on May 24, 2007, 09:05:11 PM
Quote from: rzasthole on May 24, 2007, 08:45:14 PM
The other day I was thinking about the massive amount of power the Corporations have over our government and lives in general. 

I came to the conclusion that taxes can be relative and that a tax cut for the rich can actually just be a disguised tax hike on the poor. 

Is there any basis to this argument??

Maybe, but even if that doesn't happen, it still will bite the middle and lower classes in the form of cuts in funding to programs for those social classes.  Less revenue = less financial support for said programs. 

Back in the good old days, if you were poor and you got ill, you DIED!  None of this wishy-washy socialist thought that is ruining our nation!
\

Suu

Quote from: Cain on May 24, 2007, 08:56:24 PM
The fallacy of "trickle down economics".

I haven't heard that term since the mid-90s.  :lulz:
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Quote from: Kaou Suu on May 24, 2007, 09:46:29 PM
Quote from: Cain on May 24, 2007, 08:56:24 PM
The fallacy of "trickle down economics".

I haven't heard that term since the mid-90s.  :lulz:

I have. Can you believe that people actually EAT that bullshit?  :lulz:
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historical/global perspective:

poor people in the US have it a lot better than about 90% of everyone else on this planet.

now kill me.
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Quote from: vexati0n on May 24, 2007, 11:55:43 PM
historical/global perspective:

poor people in the US have it a lot better than about 90% of everyone else on this planet.

now kill me.

I think your figure's based on a belief that everyone outside of America is poor. The middle-classes of South America, much of Asia, and smaller parts of Africa, do have more choices than the poor of North America.

I think that "90%" would more likely be a little under 70%. Guesstimate of course.

Then again, is this relativity relevant? If I was a poor American watching what little wealth I have be redistributed away to the financial classes, being told I'm better off than a Llama herder in the Bolivian highlands would hardly help things out.
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Quote from: vexati0n on May 24, 2007, 11:55:43 PM
historical/global perspective:

poor people in the US have it a lot better than about 90% of everyone else on this planet.

now kill me.

You're right, let's all stop trying. Life's OK.
This space for rent.

The Good Reverend Roger

Quote from: vexati0n on May 24, 2007, 11:55:43 PM
historical/global perspective:

poor people in the US have it a lot better than about 90% of everyone else on this planet.

now kill me.

So toss away all your money, leave your parents, and live in the fucking gutter.

You'll be a king among men.

Dumbass.
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.