01-23-2017, 03:37 PM
(01-22-2017, 03:01 PM)Mikebert Wrote:(01-21-2017, 06:54 PM)flbones too Wrote: I don't understand why the GOP consntly puts out tax plans that favor the rich. What's up with that? Are they really that retarded?
No. It is a values thing. Why should the rich pay a higher fraction of their income in taxes (which is what a progressive tax system tries to achieve)? Many conservatives believe this to be immoral and unfair to the rich. Given their druthers they would opt for a flat tax system.
They don't make an explicit case for this because they believe it to be bad politics. So they use language that leads supporters like Warren to make silly statements like the one I addressed above. But a perfectly logical case can be made for a flat tax or even a fixed tax per person (poll tax), both of which historically existed. Flat tax proposals are still floated today, although nobody touts a poll tax anymore.
I would argue that the rich get their tax benefits in other ways:
- Corporate taxes have more holes than Swiss cheese.
- The unearned income rates are only used by the rich.
- The rich have assets that require extensive protection.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.