Elinda wrote:
Haha, we'll feed them, shelter them, exploit their paltry condition with low paying jobs and high-priced addictions, and then turn around and demand payment in the form of income tax?
More folks than ever are falling short of the lowest income tax bracket, and your solution is to what...lower the bracket?
You'd prefer that they pay for that second TV, or maybe the new XBox and a cell phone with the cash they have left over after we buy their food, pay their rent and provide them with health care? Thanks, but if I'm paying the freight, they're going to have to chip in.
Elinda wrote:
Compassion has nothing to do with it. There's a point where the natives get restless.
Hey, when she's right, she's right. The natives who are footing the bill are getting restless as hell. The end is near for the welfare state in America as we know it.
Omegavegeta wrote:
You're the one that wants everyone to pay income taxes. I thought you meant EVERYONE. If you only meant the POOR, well, then I suppose it is.
I do mean everyone. I also think if you have to declare all capital gains and pay taxes on them you should be able to deduct all capital losses (the cap is around $3,000 at the moment). Capital Gains are the return on the investment that makes the economy possible. Encouraging it is paramount in my opinion. The poor have the same opportunity to invest as the rich, they simply choose to spend their disposable income on other things (as evidenced by recently published data on the ammenaties the "poor" provide themselves with). Coupled with the fact that Capital Gains are after tax dollars anyway, it silly to suggest raising the rates there.