Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘sacred cow’

Re-Examining Personal Income Taxes

Posted by Warm Southern Breeze on Monday, November 18, 2019

Those who encourage tax cuts on the wealthy & corporations are misguided.

Here’s why:
They mistakenly believe that by reducing taxes upon the wealthy, it will increase their consumption – or, that in their benevolence, they’ll “create jobs” for the masses. (Which is also why they’re treated like “sacred cow job-creators.”)

Nothing could be further from the truth.

The wealthy already consume more. They consume more conspicuously, and they consume more governmental services.

No one “hates” the wealthy.

At least I don’t.

But, we ALL expect them to pull their fair share, not shirk their responsibilities, and we expect them NOT push their fair share onto others who are less capable.

I continue to analogize the matter this way:

There are THREE people who MUST move an 800-pound boulder:
1.) A Strongman body builder;
2.) An 80-year old, 80-pound Granny, and;
3.) An Average man.

Should we tell Read the rest of this entry »

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