[citation]39% is a FAR CRY from the 70% quoted earlier. My comment is what it is, if anyone thinks that any group of people should be taxed at 70% they are fools. 39% is not 70%.
You're argument is a total non sequitur as to what was being discussed, 70% taxes on a group of people. That's all the comment was. You made a whole lot more out of it.Lowering taxes is always a good thing, period. The government needs to spend less. Both sides spend too much money, period.[/citation]
Government needs to spend less? Yes, on certain things.
For instance. I guess you'd like that cents per gallon federal fuel tax of money back in your pocket, then love to join a citizens consortium in your area to negotiate and fund all local roads, 50-90% of State and US highways, and 50-100% of your interstates?
I agree, things like welfare need to be modified.
Things like federally-built gyms and golf clubs for Congressmen who make $130k a year and up need to be eliminated.
But, a tax-cut is never going to be a great thing. Why? Because, all those Congressional officials are voting in the loopholes and tax cuts for themselves and their campaign sponsors.
Don't know if you're old enough to remember, but you used to be able to write off the interest from your credit cards off your income taxes. Working people got a break from that. Now, most loopholes are either for those who don't work or those who have substantial wealth and want to not pay the rate their government sets on their dividend and earnings income.
It's working people who get the tax salami up the backside, and all the tax cuts in the world won't make a difference because the people who spend the proportionate amount of funds in this country (the working class) rarely see those benefits.
Either increase the taxes and open no new loopholes, or close most of the loopholes that the wealthy use to do things like offshore investments or bury their assets away from paying their fair share on it.
Then, you'll see a fair and stable system that won't need more of your tax dollars.