(November 23, 2020 at 11:53 am)Greatest I am Wrote:(November 21, 2020 at 5:40 pm)BrianSoddingBoru4 Wrote: I suspect that no one will foot the bill for COVID. If it’s paid for at all, it’ll be amortized over such a long period of time that no one will feel the sting.
And I’m not sure that the ‘taxation causes poverty’ argument is valid - there are plenty of countries with higher tax rates and lower poverty rates than the US. Poverty on a national scale has less to do with how a government is funded than how it manages those funds.
Boru
Brian.
Who controls how rich or poor you are?
Your tax rate and tax breaks. Right?
The same applies to the poor, and I think like Gandhi, who said to impose poverty is violence towards the poor.
A tax break, or minimum income law, would end poverty.
All it takes is the loose change that the rich hoard.
Regards
DL
No, my level of wealth is determined by my skill set, the products and services I provide, and the market for those. Taxes are incidental (FWIW, I’m taxed at the top rate where I live, and it hasn’t pushed me into poverty).
The poor (here, at least) are taxed at a markedly lower rate and receive tax credits. I’m not complaining, that’s exactly how it should be.
We give tax breaks and have a minimum wage, and still have poverty.
I don’t doubt that wealth redistribute could ameliorate poverty, but I don’t think it would end it.
Boru
