Friday, May 28, 2010

Too stupid & should shut up

Haven't felt inspired to write anything lately, hell almost a yr. My last blog...8/09 many months & no comments.
I couldn't let this idiotic ideal pass w/ making a comment myself. Below is a basic summary, details are available across the web and in text books and school.
This fool, roqabs wrote on 5/28/10, on the new republic website the following: "money is coming from the rich. It's a fact everyone, right & left on the political spectrum, needs to come to grips with:...along with the rich states...send more to the Federal government than they get back." Obviously, this uneducated lamb doesn't understand the tax system nor modern economics in America....Their comment was a response to an article 'Philanthropist' 5/5/10
During the Regan Admin. the tax system in this country flipped on its head, LITERALLY, tax money no longer flowed downward from high earners in support of the federal & state/local tax basis, but flowed upward. The top 10% income earners' salaries exploded exponentially by 200-400% over the next two decades and their tax liability proportionately decreased through amendments to the tax law. Essentially, the GOP asserted during their administrations the rich should be permitted to keep more of their earnings while the rest of society should lose an unfair proportion of their living wage to taxes. Not a new idea, kingdom's, despots, non-democratic capitalist societies functioned globally throughout history in this manner. Meanwhile, the remaining 90% had their salaries stifled, stymied to increase @ 5 - 10% over the same period.
Sufficient to say, if this idiot's idea were correct, then during the last two economic downfalls, of the mid-80's and in 2008, the tax base wouldn't have suffered. 90% of the populous lost the jobs, & their homes, causing their inability to pay into the tax pool, creating record US deficits.
Moreover, the country's infrastructure wouldn't be failing and consumerism in the last 18 months wouldn't have fallen off the cliff of despair and dearth. If the rich truly supported the tax base & supplied the bulk of municipal & federal revenue, the monies received would have gone unaffected. Lastly, historically, tax support corrected by the regular influx of wealth from the upper class, IT WOULD HAVE BEEN DONE! HAS NEVER HAPPENED & NEVER WILL. Wealth, normally comes from the disproportionate disbursement of resources, the bulk of the resources are received by a small minority while the majority receives minimal amounts if any.
Exceptions are the creation of astounding, daily lifestyle changing inventions, affecting the quality of life for the masses. Benefits associated with possession of the new invention outweigh the high cost of personal payment for the product or service...ie personal computer, cell phone, and the 20th century's automobile.
Read, educate yourself, don't be a lamb, that's what the rich want, keeps them safe. Don't want a repeat of the French Rev.

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