psrock said:
Kasz216 said:
psrock said:
TheRealMafoo said:
tombi123 said:
Oh well, the rich and middle classes can afford it anyway :P
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Well, that's where the long term problems come in. Taxing the rich to give to the poor, hurts the poor more then it helps.
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The rich don't pay as much taxes as you think, they have so much tax breaks, its crazy. I don't feel bad for them.
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You don't get it.
Taxes on the rich hurt the poor more then it helps because of the nature of money and the rich.
Rich people don't throw their money in big vaults and swim around in it like scrooge McDuck. They invest it. Which results in GDP growth, which resutls in everyone in the country getting richer because everyones wages rise faster and more jobs are created.
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That must be why so many poor got wealthy during the Bush year, and none during the Clinton.
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Actually the Gini coefficent GREATLY rised during the Clinton years.
and shrank during the Bush years.
The rich got poorer then the poor did in the Bush years.
The rich got richer then the poor in the Clinton years.
Though trying to make that comparison when we were in a giant market recession that had it's makings well before bush came into market is realy disengenious. Which to be fair, i've come to expect from you. You tend to do nothing but troll these topics and make no effort to actually learn anything or make any well reasoned arguements.
It's rather grating.
