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Originally posted by Mojo_PeiPei
I agree 100%, if the rich did as such things might be in better shape. I like your idea of the poor spending money though, but the thing is they don't make enough enough to get taxed.
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one wrong answer. everyone is taxed, and just pays out at a different rate. my 30% tax rate doesn't scale up. while someone who might make less than i do, could easily pay more in taxes... because they don't have the ability to shelter bits of their income from taxation (IRAs, retirement plans, buying a house, etc). this is why so many people talk about a flat tax system (10% of income, or somesuch), and seem to favour it. tax burdon, accross the board, would be evenly carried by every citizen.
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But I don't see what the bug fuss is anyways, it was only a matter of time until the economy took a dip, its the nature of the beast. It is on the road to recovery, the problem I see is that all the blue collar jobs are getting shipped out of the country, that is a big problem.
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it was inevitable that the economy dropped. the jobs "leaving the US" is just normal capitalism at work. as someone had pointed out in an article a while ago, you can generally replace "concervative" with "cheap labour advocate" and see their economic side.