Quote:
Originally Posted by Ustwo
This is what brings me to the 'I trust the rich' post.
We have people who can't even figure out how to spend less money than they make trying to dictate government tax policy. Its no wonder the government is in debt.
Since money gets taxed when it changes hands its VERY hard to explain to someone that by lowering taxes you can increase tax revenue. What the people see is IF they had a higher tax and the same transactions took place the government would have made more money. What they fail to see is that if the taxes were higher, less money would have changed hands less often or done so in more tax free ways. The end result is less revenue.
This is part of why we need more economics taught in school.
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something i've never understood is how, after watching all these years, we elect wealthy businessmen in to office KNOWING that they can't manage the budget? yet a majority of us are still gulled in to the rhetoric of 'I'm just ordinary folk like you'.
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"no amount of force can control a free man, a man whose mind is free. No, not the rack, not fission bombs, not anything. You cannot conquer a free man; the most you can do is kill him."
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