View Single Post
  #10  
Old 01-03-2013, 10:30 AM
MysticCat MysticCat is offline
GreekChat Member
 
Join Date: May 2002
Location: A dark and very expensive forest
Posts: 12,737
Quote:
Originally Posted by adpimiz View Post
However, our President can't simply spend and spend and spend.
As Vito pointed out, no, he can't. Congress, not the president, controls spending.


Quote:
Originally Posted by adpimiz View Post
Quote:
Originally Posted by AOII Angel View Post
It wouldn't be much, much less. Probably in the teens which is still too much for many poor people.
Life isn't fair.
An interesting approach for arguing that taxes should be fair.

Anyway, life may indeed not be fair, but there can be consequences to taxing those with lower income to the point that they can't pay for essentials. That increases the chance that those people will need government assistance like food stamps, Medicaid, etc.

I think the tax system needs an overhaul, but I think simple answers are not likely to be effective ones. Everyone paying the same percentage may sound appealing on the surface, but if the effect of a system like that is to increase the burden on the government for social services, then is it really effective? Is it preferable to have structured rates that encourage more self-sufficiency for those with lower incomes?
__________________
AMONG MEN HARMONY
1898

Last edited by MysticCat; 01-03-2013 at 11:41 PM. Reason: stupid typos
Reply With Quote