Comments | outotoro: A political thought

outotoro

A political thought

Aug 03, 2011 17:15

The thing that annoys me the most about budgetary debates is this: it seems as though everyone wants someone else to pay for it. Cut the benefits for those people. Spend less for those people. Tax those people over there ( Read more... )

Comments 3

coryn August 4 2011, 03:58:15 UTC

I truly mean no snarkyness here but...

...what middle class?

The center-wage jobs have been slowly replaced with higher end tech/etc jobs or low end service jobs. Even if someone isn't "wealthy", there is still a huge chasm between 25k-30k per year and 60k+ per year.

Not trying to say that they should pay ludicrous amounts of taxes, but I think closing loopholes that we already have would go a long way toward making the tax code slightly more fair.

One of the ways the treasury of the US was started was by Hamilton going around to the wealthy and saying, "Hey, fund the government and we'll keep the peace." The whole idea of bonds and treasury was to use the wealthy's capital to manage the rest of the country and give them enough services to prevent a revolt and because they believed in the Social Contract (ala Rousseau or Montesquieu). Where is that Social Contract now?

outotoro August 5 2011, 18:25:26 UTC

As $22k is considered poverty rate for a family of four, $30K isn't middle class. It's upper lower class.

coryn August 6 2011, 05:18:21 UTC

Then poverty line needs to come up...I don't see how a family of four, unless they have serious skills, can live on $22k. Maybe in the very rural parts of the country, but anywhere around a city where rent is roughly $1,000 a month for a 2 BDR apartment, that means of their $22k, over half is going to housing alone. Remove another 6.25 percent for FICO off the top and then the usual medicare taxes ( ... )