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Old 07-14-2004, 10:44 AM   #64 (permalink)
Superbelt
This vexes me. I am terribly vexed.
 
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Location: Grantville, Pa
Quote:
Originally posted by wonderwench
So, your issue is not that The Rich pay for a larger share of government - merely that they individually feel more pain by giving up a larger portion of their incomes? How does this benefit society when it results in lower tax receipts and higher deficits?

Even JFK realized that lowering tax rates spurs economic growth, which benefits citizens across income categories.
Hmm? Where did you get that? My issue is that the Rich, though they pay for a larger share of government, they feel less pain than the average man because the rich man pays a smaller percentage of his income than the rest of the nation.
JFK realized that people paying (at the top tax bracket) 91% into the fed was a detriment to the economy. Thus making what you said about JFK a complete waste of time. Because that isn't even in the same galaxy, let alone the ballpark.

Last edited by Superbelt; 07-14-2004 at 10:46 AM..
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