Ancient Citizen
Well-Known Member
- Joined
- 26 Jul 2009
- Messages
- 15,711
Tax rates that are set too high always result in less tax collected.errr- I thought under Trump the US is becoming a powerhouse once again. The number of jobs created is huge. What she proposes isn't socialism. Its a change to the tax rates. If, instead, she proposed to let the estimated 18k US citizens this would directly impact ( out of a population of what - over 300m? ) to let them be and instead take $5 per week extra in taxation off every American instead of taking it off the richest would that be fairer? I know you'll claim thats socialism but again its just a change to the tax rates. Taking a little more tax off people isn't this
socialism
Dictionary result for socialism
/ˈsəʊʃəlɪz(ə)m/
noun
- a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
synonyms: leftism, Fabianism, syndicalism, consumer socialism, utopian socialism, welfarism; More
- policy or practice based on the political and economic theory of socialism.
synonyms: leftism, Fabianism, syndicalism, consumer socialism, utopian socialism, welfarism;More- (in Marxist theory) a transitional social state between the overthrow of capitalism and the realization of Communism.
Has she weighed the ratios, or is it just a soundbite?
Asking an individual to pay 70% and hoping he/she would simply cough up is naive, to say the least, remember that their
current tax bills will result in their paying millions anyway, saying that they should pay even more becomes self defeating.