One could make an argument for either, depending on the criteria. I don't think it really matters at this point.
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@dneal I was not making a statement of blame, nor a fix. I was answering Bold's questions about "equal" and "fair."
My other comment was to suggest that the party in power lacked courage and principle on this topic. Your reply suggests that you agree. Just because I am not surprised (I am not: cowardice and avarice do not surprise me) does not mean that they shouldn't be called out on this.
I am willing to sacrifice some privacy in my accounts for greater equity of the burden of taxation (and fees, etc). The poor are getting fucked worse than the damage some additional scrutiny of my accounts would cause me. In other words, I would take that hit for the team.
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I would not give an inch to the machine which caused/allowed this problem. When will we stop fighting each other and look at the bigger problems…
Ok. I made my statement based on the thoughts that arose from your post. I'm saying the problem is bigger than "the rich" or any particular party taxing them at a higher or lower rate.
There are second and third order effects to the feel-good "get those fuckers" attitude from the AOC's, Bernie's and others of similar political bent. Not-"rich" people's 401k's and other retirement accounts are tied to the prosperity of the "rich".
401K's are investments where the investor is free to move their funds. So, not entirely true that prosperity is tied to the rich. It is tied to our level of rish aversion.
Neither party taxes them enough, but the Dems have traditionally done better over the last 100 years.
Like the car industry, who cried that seat belt and airbag requirements would ruin the industry with costs that would make them less profitable (bullshit), I tend not to worry about higher taxes and their effects. Avarice and greed are so deeply ingrained that a higher tax does not bump the monied class out of wanting to work and make more and grow their businesses. Hardly! We just don't like taxes. But it does not deter the desire for more wealth. People who want more simply want more, no matter how much of it they get to keep (basically).
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Have you seen the average savings for an American household of for? Have you seen the median income for a household of four? Let's not overstate what actual savings most people have in this country. It is shockingly little.
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I say we implement a simplified tax system to improve compliance. The eminent problem is the tax of inflation that will come and hit the middle class
We absolutely live in a kleptocracy. One of the greatest hoodwinks of modern history had been to convince Americans that this is fair and divine (just, and god-ordained). Every statement of "God bless America" is a reinforcement of this pernicious mythology upon the gullible and suggestible.
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Quick question: In the context of this discussion, is the 'God bless America' sentiment tied to the Protestant ethic and the associated rise in capitalism? Asking for a friend. :)
And Eurocentric racism, mon frere (my French friend said that)
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What is racist now?
It is not racist to view what is going on in Haiti right now or it's history by being critical. It is racist to use it as excuse for why black people are no better than whites. This is because the focus is on skin color and ascribing value accordingly. Human nature and how wealthy and powerful people seems to live does have an effect on how those with less power and wealth must do to survive.
I've said this before, and something Dr. King said, "you don't tell a bootless man to pull himself up by his boots straps, that is exactly what many white American think. We look at the poor and those involved in gangs and think the historical collective "we" didn't play a role.
Deciding to think differently will be impossible for some because they will fail to ever self educated themselves and will settle for smug, easily digested stories of convenience from others. However, for those willing, there is a wealth of true histories. As more avail themselves of the truth, perhaps the US can get past their past.
When you consider the generational wealth of Thomas Jefferson and George Washington, and their use of forced labor, why would they ever be considered heros without false histories? Who would not benefit if you had their wealth, education, and opportunity. To think an African slave, simply by being emancipated can have the same outcome of a rich man with free labor, your are not thinking or worse, brainwashed. Or, more worse, just because you'd rather not believe it.
Interesting thoughts Chuck.
How would you relate them to the topic of government harvesting your personal financial information?