McCain supporters: Who was the last president that did not redistribute the wealth?
Posted by admin on Dec 22nd, 2008
Delgarits asked:
Why is it that McCain and Palin keep bringing up redistribution of the wealth, when he is not using a flat tax system? They say that doing so is being a socialist. Yet they are planning to do it themselves.
Why is it that McCain and Palin keep bringing up redistribution of the wealth, when he is not using a flat tax system? They say that doing so is being a socialist. Yet they are planning to do it themselves.
Isn’t that being just a tad hypocritical on their part?
They have been hypocrits throughout this whole election
Taxes are the governments way of redistributing the wealth. Everyone who is not trying to be cute knows this.
No because we are stuck with our current tax system until we can find a way to replace it. Most republicans would rather get rid of that tax but with what tax would you replace it with?
Bush redistributed the debt (which is kind of like any “wealth” that was created in the last 7 years) to Halliburton, Blackwater, etc, etc.
If you have ever paid taxes, you paid for social security, medicare, medicaid, welfare, government employees, local, city and state employees, the list goes on. They have taken this socialist thing and run with it, not knowing what the hell they are talking about.
“Taxes are Socialist! The media is Liberal! Libs are so Dumb!!”, these are the top 3 things coming from the Repungicans.
Why?
Desperation.
Bush
We need the FairTax
The Progressive Democrats’ Sales Tax
by Connor Carney
The FairTax and Middle Americans – A Case Study
By Laurence J. Kotlikoff
Professor of Economics, Boston University January 20, 2008–CaseStudy.pdf
At this point they’ll say anything!!!
McCain and Palin continously bring up anything which certain people show as negative, they have literally nothing left to run off of so any word or phrase that some stupid people find negative they will campagin based off of.
I don’t know how people haven’t figured out yet, TAX’S ARE A REDISTRIBUTION OF WEALTH ALREADY. The fact that people who don’t make much money would vote for someone NOT wanting to redistribute the wealth to them shows how incedibly stupid this country has become.
Obama states that he will lower taxes for 95% of Americans. The problem with this statement is that 43% of Americans don’t pay any income taxes. Are we talking about taxes or welfare? When you get money from the federal gov’t that you didn’t earn that’s called federal assistance. Obama likes to call it wealth redistribution but its welfare.
Bar Stool Economics
Our Tax System Explained: Bar Stool Economics
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. ‘Since you are all such good customers,’ he said, ‘I’m going to reduce the cost of your daily beer by $20.’ Drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free.
But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’
They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.
And so:
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.
‘I only got a dollar out of the $20,’declared the sixth man. He pointed to the tenth man,’ but he got $10!’
‘Yeah, that’s right,’ exclaimed the fifth man. ‘I only saved a dollar, too.
It’s unfair that he got ten times more than I got’ ‘That’s true!!’ shouted the seventh man. ‘Why should he get $10 back when I got only two? The wealthy get all the breaks!’
‘Wait a minute,’ yelled the first four men in unison. ‘We didn’t get anything at all. The system exploits the poor!’
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!
And that, ladies and gentlemen, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.
For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.
There has always been a redistribution of wealth, in our tax system and government. Obama truly intends to take more from wealthy and spread it around. Conservatives understand that anyone who earns a hard working dollar should be able to keep it, maybe even give them a break, Not get it taken away and givin to some lazy *****.