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Old 07-14-2011, 10:21 AM   #51
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Default Re: How do we stop the wealthy from getting wealthier?

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What you could have mentioned is that when the marginal rates are jacked up the loopholes and deductions grow in similar fashion.

Having a flat tax would be a huge improvement.

BTW, having a progressive tax structure, besides penalizing hard work, success, and productivity, is not what the Founding Fathers envisioned.

Unless you consider Karl Marx to be one.
I don't think anyone considers Marx to be a Founder of the US. And there are a lot of things they didn't envision. In fact, they couldn't even envision California or electricity, could they? Using the "what the Founding Fathers envisioned" line is not very useful in today's context, unfortunately. Life has become so complicated and there are so many more people. One has to wonder how the Union manages to stay together anymore.
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Old 07-14-2011, 10:26 AM   #52
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Default Re: How do we stop the wealthy from getting wealthier?

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Not many would buy into any system where "everyone gets the same..."

Mainly because not everyone deserves the same.
Yeah, what's the famous quote? From each according to his ability, to each according to his need - Wikipedia, the free encyclopedia

While on its face, this communal creed of secular utopia might be alluring, in practice it's been a disaster. F.A. Harper writes:
Quote:
he catch is twofold. First, as a member of a communist-socialist society you shall not be allowed the privilege of pursuing the release of your abilities at a task which seems best to you. A central authority will decide this for you and for everyone else. He will do this in order to keep a workable ratio between the persons on the stage and in the audience at the opera; in order to have passengers who will ride the trains instead of all being engineers; in order to have someone who will take care of the sewage, and the like. The Commissioner of Opportunities to Work will command you to work at the job of his choice, not yours. You may neither strike nor quit nor change to another job more suited — as you see it — to your abilities.
Fringe Benefits: A Threat to Progress - F.A. Harper - Mises Daily
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Old 07-14-2011, 11:13 AM   #53
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Default Re: How do we stop the wealthy from getting wealthier?

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Using the "what the Founding Fathers envisioned" line is not very useful in today's context, unfortunately.
I disagree... The Founding Fathers saw an entire human history of oppresive governments and rulers who's primary focus was to the benifit of the select few at the expense of everyone else.

They set out to lay down a system which prevented the ruling body to represent the few at the expense of the many, to restrict government's role in day to day lives... You don't need factual geographic maps or changes in demographics to have that idea still applicable to today.

Those who want to change the constitution and call it a living document, don't truly understand what the founding fathers aim was, and what the constitution really says.
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Old 07-14-2011, 11:13 AM   #54
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Default Re: How do we stop the wealthy from getting wealthier?

I got squeezed out of the middle class.......I didn't mean to do it, but it happened.......It is all my fault.

It all started when I was younger........as a Northeastern coop, at the end of my 2nd year, I decided to go full-time at the company I worked for as a product engineer......I went to 2nd shift so I could go to school during the day and stopped the coop......not only did I finish a year early, but my company paid for it.....not only did I have no debt, but I saved a ton of money......then my boss gave me another idea....keep going and get my MSEE.....he was a navy guy, but he got a kick out of how hard I worked, so half the time he would tell me to go off somewhere and study. 18 months later, I was done with my masters which was also paid for by the company.

been prudent with my money ever since.....just turned 50 and both of my homes are paid for and I got the $$ for my 2 kids college educations, but if they're anything like their old man, they will likely find a different way to get college paid for and just like their old man, start out ahead of the curve.

the kicker is not what I achieved and what I saved, but rather HOW EASY IT WAS. It will be just as easy for my kids......you want to know why? because 90% of our country HAS BECOME A BUNCH OF LAZY SLOBS preferring to point fingers at the injustices that really don't exist at all
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Old 07-14-2011, 11:20 AM   #55
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the kicker is not what I achieved and what I saved, but rather HOW EASY IT WAS. It will be just as easy for my kids......you want to know why? because 90% of our country HAS BECOME A BUNCH OF LAZY SLOBS preferring to point fingers at the injustices that really don't exist at all
Loss of personally responsibility.
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Old 07-14-2011, 11:24 AM   #56
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Loss of personally responsibility.
to a motivated person, this country is a candy shop
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Old 07-14-2011, 11:24 AM   #57
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Default Re: How do we stop the wealthy from getting wealthier?

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I disagree... The Founding Fathers saw an entire human history of oppresive governments and rulers who's primary focus was to the benifit of the select few at the expense of everyone else.

They set out to lay down a system which prevented the ruling body to represent the few at the expense of the many, to restrict government's role in day to day lives... You don't need factual geographic maps or changes in demographics to have that idea still applicable to today.

Those who want to change the constitution and call it a living document, don't truly understand what the founding fathers aim was, and what the constitution really says.
Quote:
The mass of mankind has not been born with saddles on their backs, nor a favored few booted and spurred, ready to ride them legitimately, by the grace of God. ~ Thomas Jefferson, 1826
I think this famous quote by the author of the founding document, our Declaration, perfectly encapsulates what you're trying to say.
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Old 07-14-2011, 11:47 AM   #58
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Default Re: How do we stop the wealthy from getting wealthier?

the only effective way to stop people from getting rich and the rich from getting richer is to eliminate all motivation in our society.
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Old 07-14-2011, 11:52 AM   #59
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Default Re: How do we stop the wealthy from getting wealthier?

Dennis Prager talks eloquently about the larger the government the smaller the person.

‪UniverseOfReality's Channel‬‏ - YouTube

The entitlement mentality, which socialism promotes, is a soul- and character-destroyer.
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