01-04-2006, 03:21 PM #1
scary that there are people this stupid
Democracy is supposed to be the rule of the majority. Government of the majority of the people, for the majority of the people, by the majority of the people.
Let us now compare the smooth deceptive definition, to stark reality.
In the western world approximately 95% of the wealth is possessed by approximately 5% of the people. That means, using these same figures, that 95% of the people, the overwhelming majority, possess only 5% of the wealth.
The politicians would have us all believe that this is the will of the majority. That is the politician's idea of what they call democracy.
When did the 95% of people, the overwhelming majority, ever vote for the right for themselves to be poor and vote for the tiny 5% minority to possess their own (the poor people's) share of the nation's wealth, that the poor majority's ancestors have fought and died to protect?
01-04-2006, 03:27 PM #2
exactlyOriginally Posted by johan
I was just at that "just the truth" website 25 minutes ago and I almost started the exact same thread. Right, 95% of a democratic society is poor, he has confused capitalism with democracy. I wish that the author would man up and give us a better way.
01-04-2006, 03:28 PM #3
Some believe that if you took all that wealth, and dispersed it evenly across the people, all the wealth would be back in the hands of the 5% within 10 years. Democracy does not mean that everyone has to have an equal share of wealth, just an equal share of freedoms. If everyone voted to have an equal share of wealth, that would be communism, and democracy would no longer be functioning. Not to mention, there are no TRUE democracys. In the United States, all 300million people do not vote on every single issue, which is how a true democracy functions. Instead, we use elected officials, elected by the people, to represent the majority's vote. There is no practical way for every single person to vote on every issue, however if there was, I feel as though it'd be a much more effective system.
01-04-2006, 03:30 PM #4
yesOriginally Posted by thegodfather
01-04-2006, 03:45 PM #5Originally Posted by Logan13
Great minds think alike
01-04-2006, 03:56 PM #6Originally Posted by thegodfather
01-04-2006, 05:55 PM #7Originally Posted by thegodfather
I do think the wealth would be spread out among 10% instead of 5%. Many people are simply not given a chance to MAKE money as they don't have much to begin with.
Also, I think that the top 5% should have to pay a larger percentage of taxes, not less. Can anyone explain to me why rich people get tax cuts?
01-04-2006, 07:02 PM #8Originally Posted by scriptfactory
The tax brackets go up as your income goes up. Wealthy people are just smart enough (and have the resources) to use the tax code to their advantage, and end up paying less. They now have the AMT (alternative minimum tax) in the US to try and make the wealthy pay more.
01-04-2006, 08:07 PM #9Originally Posted by alphaman
01-04-2006, 08:12 PM #10Originally Posted by scriptfactory
01-05-2006, 12:24 AM #11Originally Posted by alphaman
01-05-2006, 12:28 AM #12Originally Posted by damiongage
01-05-2006, 02:03 AM #13Originally Posted by scriptfactory
01-05-2006, 04:00 AM #14Originally Posted by johan
01-05-2006, 05:33 AM #15Originally Posted by scriptfactory
that I can agree with. A flat tax somewhere below what is comon in europe right now. If swedish taxes doesnt go down Il leave this country for sure when I have my phd.
01-05-2006, 07:49 AM #16
math lessonOriginally Posted by scriptfactory
01-05-2006, 07:53 AM #17
okOriginally Posted by scriptfactory
01-05-2006, 08:10 AM #18Originally Posted by Logan13Come on, your statement makes NO sense. Yes, lets give them a tax break even though they pay no taxes in the first place, i.e. Welfare. Income re-distribution does not work. Please do a little of your own research.
I'm talking about REALLY rich people, like millionaires and billionaires. Upper middle class people are definitely not rich. I'm not talking about unemployed welfare people, because that's impossible. Like here in Germany, the average person pays 16% in taxes from their wages and 16% in sales tax even though they are hovering at right around the poverty line.
I also know that when I was in the States I would have to pay mad taxes even though I was making very little money (at least when I was in the US Army.) My income tax refund made it a little better but I always figured I should have to pay a lower percentage of taxes since I made so little money.
Edit: If I am wrong please educate me! I would like to know why you thought I was talking about welfare people? I didn't think welfare = poverty line.
01-05-2006, 12:06 PM #19
incomeOriginally Posted by scriptfactory
Now the people with money have the cash to pay those who know the tax loopholes to do their taxes to save money....but these "loopholes" are available to everyone. I use them for all of my 1099 income in regards to expenditures.
Welfare individuals may not be at the poverty level of those in third world countries, but it they are still at the poverty line by American standards....i.e. they can not support their families because they are making little or no money. Welfare programs are in place and have increased in spending under Bush. I do not want anyone living in the streets or children going hungry. But if they have no income, and they pay no income tax, how can we give them a tax break? We are talking about 2 different issues in regards to welfare and tax breaks.
The less money that people must pay in taxes, the more money they have to purchase goods and services, and/or expand their business which creates jobs for those in the lower and middle income brackets which in turn gives these people more money to spend........the net effect is a strong and growing economy.
The tax cuts that Bush has handed out since he has been in office went to anyone that had taxable income. Everyone of these people received the same rebate check, those that made millions and those that made a couple thousand. When we do the math, a $400 tax rebate check to a person who made $1 million dollars of taxable income equates to a 0.04% tax break. This same rebate check sent to a person who made $5000 in taxable income equates to a 8% tax break. Obviously, the rich did not gain as much as those on the Left would like you to think they did........The top 50% of Wage Earners pay 96.03% of Income Taxes....do the math. I do not like getting wrapped up in emotion as it is a waste of energy. When we look at issues with facts it is a lot easier to understand and relate.
You still awake after that???????
01-05-2006, 12:44 PM #20Originally Posted by Logan13
01-05-2006, 07:30 PM #21Originally Posted by scriptfactory
01-05-2006, 07:51 PM #22
After I pay for my tax advisor's help the money I save is almost not worth it, the only advantage to my income level is not having to pay social security tax. I agree with the earlier line about the 5% getting it all back if it were spread around to the "masses". I have read recently that the old 5% owning 90% isn't an accurate/relevant figure these days. I do know that the top 5% percent of Americans pay well over 50% of the taxes-income taxes that is. The lower tax brackets get hosed on "sin" taxes-alchohol and tobacco etc. not to mention the "idiot" tax-lottery!
01-05-2006, 08:16 PM #23
yesOriginally Posted by scriptfactory
01-05-2006, 08:20 PM #24
correctOriginally Posted by brewerpi
01-05-2006, 11:57 PM #25
Income tax is one thing...But who forgot to mention property tax? We pay $12,000 in property tax per year. Thats $1,000 a month onto our mortgage. Heres what really pisses me off with the government. Low income housing in upper-middle class neighborhoods. Someone tell me, what is the point of me paying $500,000 for my house, and $1,000 a month in property tax to live in an upper eschelon neighborhood around other hard working high earning people. Then the government comes in, and builds a development full of HUD(section 8) homes or apartments. These people are exempt from paying property tax's, and their kids goto the schools in my town funded by MY dime. I just dont agree with every township being required to have low income housing. Now you can rant and rave about equal opportunity and all that. However, often times when they build these things, the crime rates in the town goes up, and it becomes an eye sore for the town.
PS- They also need to kick about half the leaching low lifes off of Welfare who dont genuinely need it...If they checked up on these people like they're supposed to, and made them actually goto the work programs that they're required to, we wouldn't be supporting these lazy sacks of shit with our tax dollars...
01-06-2006, 03:11 PM #26
libsOriginally Posted by thegodfather
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