Thursday, March 16, 2017

Make America Fair Again - No More Class Warfare

Everybody has a tax plan. Err, umm, everybody who makes a lot of money has a tax plan. Err, ummmmmm, actually, everybody who makes a fortune has a tax plan. The rest of us are not so heady.

Nobody likes to pay taxes. People making minimum wage and low salaries are often looking to make more money as opposed to having a tax plan. Poor people are looking for money, they are not looking to pay less money in taxes.

Tax plans are big with the Republicans and Conservatives. Those folks have very simple tax plans. Basically they want to cut the amount of taxes the ultra wealthy pay. They come up with all kinds of schemes, but they all have one thing in common - the rich pay less.

Corporations are people in our country. Yes, they are people. This is something most people don't understand. Most people think they know what being a person means until they talk to the ultra wealthy. Needless to say, the idea that corporations are people has everything to do with avoiding and lowering taxes on the ultra wealthy.

Remember the FairTax? Remember the Flat Tax? Remember the National Sales Tax? Remember Herman Cain's 9-9-9 Plan? Remember pet rocks?

We have progressive tax rates. We've had them for a long time. People had them back in the days of the Roman Empire. Progressive taxation is nothing new. Progressive taxation makes sense. Progressive taxation is fair.

When you buy insurance for your home, the amount you pay is determined by the value of your home. Your home is an asset. The more valuable your assets, the more you pay to insure them. People seem to understand this.

Taxation is, or should be, like insurance. The more assets you have the more it should cost you to protect them. Government's first responsibility is to protect the people and the integrity of the country. Our government is there to insure our way of life.

Let's face it. A lot of ultra wealthy people are ultra wealthy because they are ultra greedy. If you talk about this, they accuse you of engaging in "class warfare". The "class warfare" accusation is itself a form of "class warfare". It's a ruse thrown up to confound and confuse. It's used to refocus the discussion onto something else when progressive taxation is being discussed.

The argument is both simple and simplistic. "You want to make me pay more because I'm rich." Well yeah. "That's discrimination." Okay. "That's unfair." Well no.

Discrimination has two meanings. Discrimination can be the "recognition and understanding of the difference between one thing and another".

I recognize that you have more assets at stake than I do. I understand that it costs more to protect your assets than it does to protect mine. I know the fair thing is for you to pay more to protect your assets than I do to protect mine.

Progressive taxation is common sense. It is not "class warfare". It is just.

When FDR was President the ultra wealthy paid 94% on all income they had over $200,000. This was in the 1940s. At that time $200,000 was the equivalent of some $3,500,000 of today's dollars.

The top tax rate today is 39.6%. Wow! You've come a long way baby. Someone else is shouldering your tax burden. Who do you figure that is? That's the rest of us. That's real "class warfare".

Dummy Don wants to lower the top rate to 33%. He also wants to increase military spending by about 10%. Yes he wants to spend more money to protect our assets while decreasing the amount the biggest asset holders have to pay.

Why do you figure we have a deficit? Could it be because the ultra rich would rather see us borrow money from them than pay their fair share. Hell, they own everything. They own us. When we are in debt like that we are their virtual "slaves".

Dummy says cutting taxes for the ultra wealthy, the top 1%, will produce jobs. Huh? It will let them keep more money. The rest of us will still be trying to figure out where our next buck is coming from.

Gimme dat old time taxation, it's good enough for me and you and you and everyone. Hallelujah!
Holy Moly!

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