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Originally Posted by dc_dux
But its all a pretense of the Democratic Party and how they "care" about poor people and want to entrap them into staying poor.
Nice try, ace  |
I have given several solid and real examples (here and in other threads) of how government programs intending to help poor people actually entrap them in the fact that "phase outs" or arbitrary program rules makes attempts by poor people to earn additional income or accumulate assets a very costly proposition. The rich get richer not by Bush's tax cuts but by the fact that rich people don't have disincentives to accumulate more wealth.
In a teasing manner I attack Democrats on this issue, because I can not believe they don't understand the impact of the way programs like this are structured.
If they truly don't get it, it must be because they think they are hurting wealthy people. The reality is that they are not. Wealthy people more or less manage their tax burden. The top 1% can pretty much budget what they are going to pay in taxes today for next year, the year after, etc. and tax implications are factored into their return on investment/income decisions. The working class rich, true middle-class, and the working poor, are truly subject to the whims of the law makers in Washington. In this case they want to screw smokers with a regressive tax to pay for a program that is inadequate in terms of the stated goals.
You call it a nice try. And you are correct, another failed attempt on my part to help people see the light. I have been poor, a middle class working guy, a corporate officer, and I now own a growing small business and hope to be a top 1% person. I may have a better understanding of the impact of these issues than your insider experts with vested interests. Today, I am willing to talk about it, tomorrow I may be spending my time drinking fruity mixed drinks on the beach.