Rant against a pintrest post because its hard to rant at them:
Bernie- "Republicans gave $X to rich businesses. Democrats would spend
that $X to pay for universal college, universal preschool, blah, blah,
blah." Typical propaganda/logic fallacy. If $X fell from the sky, he
might be right. But. The Republicans chose to let X number of people
keep their own money. the poor didn't get a tax cut because the poorest
50% in this country don't pay ANY income taxes. How do you cut that?
What Bernie wants to do is take even more money from the richest 50%
and go farther into debt to give it away the way he thinks it should be
spent (instead of letting the people who earn it decide how to spend
it). This isn't free money lying around but increased debt, which is
taxes on our children and grandchildren. And that is "taxation without
representation."
And
why cut taxes when we are already not getting enough $ for what the
government is doing?
1) The government is doing too much. It is like
fire; always wanting more and more fuel, never satisfied. The line needs
to be drawn somewhere.
2) Cutting taxes
increases the governments income. The "rich" don't put their money into
mattresses. They invest it to make more money or they buy luxury items.
Investment creates jobs which means more people rich enough to pay
taxes as well as more money to tax on the original rich person. Buying
luxury items means more jobs for the middle class workers that make
them, which is again, more incomes to tax, more money for the
government. Or in mathematical formula, 10% of $100 is a whole lot more
money than 50% of $0. This has been proven before, and in reverse, too.
Remember Bill Clinton's "Luxury tax"? 75% tax on all items deemed to be
luxuries. Know why it was repealed? People simply quit buying luxury
items. Totally destroyed all the industries that make them putting 100's
of 1000's of people out of work and onto the welfare roles. The
government lost massive amounts of money over that one. The republicans
are simply doing the reverse; let people keep more of their own money so
they can supply more jobs so there is more money to tax at a lower rate
which equals more total money in the long run.
