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*Re: undoing the new deal and subsequent protections

By: DigSpace in ALEA | Recommend this post (0)
Thu, 27 Sep 12 7:54 PM | 23 view(s)
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Msg. 10360 of 54959
(This msg. is a reply to 10354 by Cactus Flower)

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among the things that needs to be cleared up is the definition of the word "income".

I have heard the double taxation dividend argument ad nauseum. Screw that. A dollar is a dollar. Tax the ones I get. It is social engineering to differentially treat my dollars, something the right claims to be against. That would clear up much of the collapsed nature of the progressive tax system.

* and remove the cap on SSI/M contributions.

Those two items would pretty much take care of things ... not that I'm an accountant or anything.


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The above is a reply to the following message:
Re: undoing the new deal and subsequent protections
By: Cactus Flower
in ALEA
Thu, 27 Sep 12 6:09 PM
Msg. 10354 of 54959

couldn't have said it any better. their dream is my idea of a nightmare. but they have been laying the groundwork. hopefully, this administration represents the beginning of a long period of us success adopting a more cooperative model in which folks adopt and fund a smart government model (not too big, not too small, investing in things that make sense like education, discovery and infrastructure), while retaining a culture of individualism, innovation and enterprise - which is a us tradition - all supported by a tax curve that lets wealthier folks retain a fairly large portion of their income above a minimum contribution. the romney line should be set at 20% or maybe 25% of income for federal tax purposes if a person earns an income of $1m. these folks shouldn't be free riding on the back of everyone else's contributions.


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