Welfare State: Handouts Make Up One-Third of U.S. Wages

[one...two...tree 2,762]

You mean "everybody loses", but yeah - that's what's coming in the years ahead.

Crippling taxes and zero growth.

And then some states will realize they can do much better on their own... and that'll be the end of the United States.

The tax rates now are the lowest they've been in the last 60+ years, so that claim holds no water.

Lets end the Bush Tax Cuts across the board. That would be a good starting point.

[Zero Sum 305]

Or, people will quit whining and roll up their sleeves.

[I AM NOT THAT GUY 5,715]

I make 'em, you buy 'em. Every now and then, though, I'll send you a freebie.

No sale, but keep trying. You might be able to sell quite a few down at the union hall.

?

I didn't stutter.

[Zero Sum 305]

No sale, but keep trying. You might be able to sell quite a few down at the union hall.

I didn't stutter.

I can just rely more on my other line of business, Foreclosure signs and Bankruptcy packages for willing clients. Its all about choice and freedom.

[mawilson 2,133]

The tax rates now are the lowest they've been in the last 60+ years, so that claim holds no water.

If the entitlements are not addressed today, the income tax rates would have

to go up to 70-80 percent for most people to balance future budgets.

Income tax rates may be relatively low today, but let's not forget the

Social Security and Medicare taxes, state and local taxes, property taxes

and other taxes that people pay besides income.

[I AM NOT THAT GUY 5,715]

The tax rates now are the lowest they've been in the last 60+ years, so that claim holds no water.

Lets end the Bush Tax Cuts across the board. That would be a good starting point.

Bull.

[Zero Sum 305]

Income tax rates may be relatively low today, but let's not forget the

Social Security and Medicare taxes, state and local taxes, property taxes

and other taxes that people pay besides income.

Of which the majority of the population pay much more in comparison to their income vs a very, very small segment of the population that will never feel the pinch of those taxes in the first place.

[Bad_Daddy 2,209]

We need to start another war somewhere on the other side of the globe. I'm sure that will boost our economy for sure.

[Zero Sum 305]

Bull.

Read the part that says 'Perhaps more importantly'...

We need to start another war somewhere on the other side of the globe. I'm sure that will boost our economy for sure.

Noooo!

Look at the 1917 rate jump on the marginal incomes! Noooooo!

The rich couldn't be rich if that were to happen. Never mind there have never been periods in US History where the rich stopped being rich, even with those 91% marginal rates.

[I AM NOT THAT GUY 5,715]

Read the part that says 'Perhaps more importantly'...

You must mean the part where more and more returns are being subjected to the higher rates.

[Bad_Daddy 2,209]

Read the part that says 'Perhaps more importantly'...

Noooo!

Look at the 1917 rate jump on the marginal incomes! Noooooo!

The rich couldn't be rich if that were to happen. Never mind there have never been periods in US History where the rich stopped being rich, even with those 91% marginal rates.

I read somewhere in a book that the US actually used to have what is called a "middle class". Iv'e heard of it, now if I could only witness it. Oh well...there's nothing like fighting two wars abroad for big oil. Yay for Haliburton !

[Zero Sum 305]

You must mean the part where more and more returns are being subjected to the higher rates.

If that is part of it, then why, is 1% of the nation's population earning more than 95% of the nation's income?

Besides, you are ONLY considering marginal tax rates, and you use a marginal tax argument against an across-the board tax argument, affecting more than just the rich that are currently receiving more breaks in proportion to their income, than the absolute majority of the nation.

I read somewhere in a book that the US actually used to have what is called a "middle class". Iv'e heard of it, now if I could only witness it. Oh well...there's nothing like fighting two wars abroad for big oil. Yay for Haliburton !

It must be good for them. Since their profits are higher now than before those wars, it must mean they're hiring significantly, American workers.

...

[mawilson 2,133]

If that is part of it, then why, is 1% of the nation's population earning more than 95% of the nation's income?

It's always been the case.

100 years ago, 50 years ago, 20 years ago, 10 years ago, a year ago.

[rika60607 215]

I find it deeply amusing that I can not seem to agree with you on anything. Except this one:

Education is key for people...

[rika60607 215]

We already pay 60% or so, if all taxes are taken into account, no?

If the entitlements are not addressed today, the income tax rates would have

to go up to 70-80 percent for most people to balance future budgets.

Income tax rates may be relatively low today, but let's not forget the

Social Security and Medicare taxes, state and local taxes, property taxes

and other taxes that people pay besides income.