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The Water Cooler
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Ron Paul Is Secretly Taking Over The GOP And It's Driving People Insane
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<blockquote data-quote="Rajder" data-source="post: 1788540" data-attributes="member: 11636"><p>While I agree with the sentiment that everyone should have some skin in the game the truth is that taxing the poor in any amount wouldn't make one bit of difference in our budget. Poor people basically have nothing so taxing them doesn't really do any good. I saw a statistic once compared the math of taxing poor people and letting the Bush tax cuts expire. It pointed out the fallacy in the statement of some people that raising taxes on "rich" people wouldn't raise enough money to do any good but taxing poor people would be a good idea. Basically to equal the amount of money raised by letting the Bush tax cuts expire on the top 2% you would have to take 1/2 of everything that the bottom 47% own. I'm not just talking about their income tax it was talking about their income and all of their worldy possessions. Like I said, I agree with the sentiment that everyone should have some skin in the game but the math shows that it wouldn't make a difference in the world.</p><p></p><p>We all know that the corporate tax structure in this country is screwed up. It allows our super large corporations to take advantage of loop holes while punishing our small businesses.</p></blockquote><p></p>
[QUOTE="Rajder, post: 1788540, member: 11636"] While I agree with the sentiment that everyone should have some skin in the game the truth is that taxing the poor in any amount wouldn't make one bit of difference in our budget. Poor people basically have nothing so taxing them doesn't really do any good. I saw a statistic once compared the math of taxing poor people and letting the Bush tax cuts expire. It pointed out the fallacy in the statement of some people that raising taxes on "rich" people wouldn't raise enough money to do any good but taxing poor people would be a good idea. Basically to equal the amount of money raised by letting the Bush tax cuts expire on the top 2% you would have to take 1/2 of everything that the bottom 47% own. I'm not just talking about their income tax it was talking about their income and all of their worldy possessions. Like I said, I agree with the sentiment that everyone should have some skin in the game but the math shows that it wouldn't make a difference in the world. We all know that the corporate tax structure in this country is screwed up. It allows our super large corporations to take advantage of loop holes while punishing our small businesses. [/QUOTE]
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Ron Paul Is Secretly Taking Over The GOP And It's Driving People Insane
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