By this logic why not just tax high income earners to the point that they make the same as low income earners? After all, they have more money they can part with as you state. Just offering to blindly pay more tax because uncle Sam needs more missiles is a really stupid argument. It leads to gross over spending and negligence. I worked for a government agency for many years and every year they would buy millions of dollars of stuff that never made if off the pallet just because they needed to spend their budget so they got it next year. Not with my money, no thanks.
GreenCheese882
joined 7 months ago
Not a liberal. I am a hard working capitalist that wants to earn more for working harder. Just read the wiki page. You definitely want socialism. No thanks. This is a very academic idea that would never work, as we have seen. It just allows the lazy to be more lazy, but the people who would innovate in a capitalist economy to have no motivation to take risks and work harder.
https://en.m.wikipedia.org/wiki/Socialism
Socialist systems divide into non-market and market forms.[15][16] A non-market socialist system seeks to eliminate the perceived inefficiencies, irrationalities, unpredictability, and crises that socialists traditionally associate with capital accumulation and the profit system.[17] Market socialism retains the use of monetary prices, factor markets and sometimes the profit motive.[18][19][20] ...
By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify anti-capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production.[29][30] By the early 1920s, communism and social democracy had become the two dominant political tendencies within the international socialist movement,[31] with socialism itself becoming the most influential secular movement of the 20th century.[32] ...
A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child. The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow men in place of the glorification of power and success in our present society.[334]
—Albert Einstein, "Why Socialism?", 1949
I am a "fuck you, I am still working hard every day for mine" kind of person. I have known many people who flake out and try to take short cuts, then blame everyone but themselves for their problems. People who work for walmart are idiots. They go find an easy job, then stay long after they should. If walmart had a hard time employing people they would have to raise the wages and benefits. But they don't, and don't have to. Supply and demand. If I was a dog walker and walked a millionaires dog every day do you think they owe me a livable wage, a 401k, and Healthcare? Hell no, go find a real job. Yes, underpaid walmart employees are absolutely leaching off society. Go find some real work... take off that dumb blue shirt and either make money with your brain or with your muscles.
Even in Washington state you have federal income tax. Why should someone who makes $500k pay 10x more than someone who makes $50k? Just because you think they have more? Someone who makes $500k has worked far harder, likely has lots of student loans, and much higher expenses. This is a capitalist country, not socialist. They say eat the rich... I say eat the lazy.
So you want socialism. No thanks. If I earn $500k a year because I went to college and put in far more effort than someone who makes $50k a year, why should I pay multiples more in taxes than them? Someone earning $50k a year is leaching far more off society than someone making $500k. The $50k per year person buys less and pays less sales tax, they have a far smaller house and pays far less property tax. They will be much more likely to incur medical bills they can't pay. If you have a disability, great, you get assistance (or should), but if you are lazy, why shouldn't you pay the same income tax as me? I pay the tax on everything else that I consume.
You will pay far more taxes. These stats are just based on percentages. The rich pay more in taxes each year than most people will make in their entire lives. As someone who makes a ton of money and pays a crap ton of taxes, the people who make these graphics are clueless idiots.
You mean you walk away with less than $100k EACH. Your household income is likely close to $150k to $200k, with full benefits and retirement. You almost never have to worry about layoffs. Many teachers are part of unions and can practically commit murder and keep their jobs. Your household is in the top 10%, and you are exactly who they want to tax more. You have "extra income" because someone making $40k a year earns far less than you. So you have more that you can pay.
You are going to compare yourself to a Walmart employee who couldn't bother to do their high-school homework? Who just clocks in and clocks out every day without a care in the world about their job? They absolutely work less hard than you and are far more lazy. You make more than double what they do. Do you think you should pay far more taxes? While you pay those student loans?