US Politics |OT|

[sundin13]

xboxgreen said:

sundin13 said:

If welfare spending is offset by increases in taxation, the amount of available cash for spending is equalized, therefore offsetting increases in demand from welfare with decreases in demand from taxation. 

So, just tax the rich. Easy enough.

Also makes it kind of hilarious that Trump cut taxes for the rich when we're still fighting to get out of one of the worst inflationary periods in recent memory. His economic sense is questionable...

Taxing the rich means taxing the middle class. The rich own all the assets and won't give up their life styles or in the case of companies hurt their investors. They will resort to tactics like raising products/services prices, layoffs/outsourcing, wage stagnation, etc. 

The rich have enough money that additional taxes will not affect their "life style". 

Besides, we always hear this stuff about taxes and then a tax cut comes around and the only thing that changes is that the rich have more money and the poor have less. We keep cutting taxes and cutting taxes and the rich keep getting richer and the poor don't seem to really be thriving. Suddenly you say that if we raise taxes back up, an economic apocalypse will strike this country... Its all just greed, man. At some point, this country needs to grow some balls and stop catering to billionaires and suits and start fighting for the people who are actually generating the wealth. Cutting taxes won't save us from this wealth inequality nightmare. How about we try literally fucking anything else, eh?