Who will swallow the Corona virus debt? The rich or the poor?

[Aegon]

Who will swallow the Corona virus debt? The rich or the poor?
 
Poverty is a condition imposed by governments through the tax system.
 
The world will have to pay dearly, not only now, but in the near future, for the hardships cause by this pandemic and the various other upcoming health crisis.
 
We are already handing our children a dying planet. Will we saddle them with more poverty as well?
 
Poverty is created by the tax system. Gandhi also said that to impose poverty was a crime.
 
The tax system is controlled by the rich. Demographically speaking, this fact is proven by their outrageous demographic position and control of the legislation.
 
Will the rich swallow the huge debt that will soon hit us, or will they place the debt as more poverty for our next extinction bound generation?
 
The next tax laws, everywhere, will show if more poor die, or if the rich will give up their loose change, which is all that it takes, to end poverty.
 
Regards
DL

Taxation causes poverty? So it ain't the $7.25 minimum wage., abhorrently high healthcare costs, >$1 trillion of student loan debt, lack of high-quality K-12 public education, and the ever-increasing prices of goods and services coupled with stagnant wages?

But the tax code definitely needs changing. It is absurd that folks who report between $40k and $80k pay 22% rate while someone who reports over $1 million only pays 37%. Taxing the latter group more and the former group less sounds good to me.

[Greatest I am]

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

---

Who will swallow the Corona virus debt? The rich or the poor?
 
Poverty is a condition imposed by governments through the tax system.
 
The world will have to pay dearly, not only now, but in the near future, for the hardships cause by this pandemic and the various other upcoming health crisis.
 
We are already handing our children a dying planet. Will we saddle them with more poverty as well?
 
Poverty is created by the tax system. Gandhi also said that to impose poverty was a crime.
 
The tax system is controlled by the rich. Demographically speaking, this fact is proven by their outrageous demographic position and control of the legislation.
 
Will the rich swallow the huge debt that will soon hit us, or will they place the debt as more poverty for our next extinction bound generation?
 
The next tax laws, everywhere, will show if more poor die, or if the rich will give up their loose change, which is all that it takes, to end poverty.
 
Regards
DL

Taxation causes poverty? So it ain't the $7.25 minimum wage., abhorrently high healthcare costs, >$1 trillion of student loan debt, lack of high-quality K-12 public education, and the ever-increasing prices of goods and services coupled with stagnant wages?

But the tax code definitely needs changing. It is absurd that folks who report between $40k and $80k pay 22% rate while someone who reports over $1 million only pays 37%. Taxing the latter group more and the former group less sounds good to me.

Of course there are other factors in the present systems that encourage poverty.

That is not relevant to what I put.

Taxation can determine minimum income laws and where the poverty line is.

It is foolish to complain that the rich are not taxed enough, which controls how rich or less rich they will be, while denying that the poor's income is decided by the same laws and tax code do the same thing. Right?

If not, what is different, other than the amount of wealth to each group?

Regards
DL

[Aegon]

Taxation causes poverty? So it ain't the $7.25 minimum wage., abhorrently high healthcare costs, >$1 trillion of student loan debt, lack of high-quality K-12 public education, and the ever-increasing prices of goods and services coupled with stagnant wages?

But the tax code definitely needs changing. It is absurd that folks who report between $40k and $80k pay 22% rate while someone who reports over $1 million only pays 37%. Taxing the latter group more and the former group less sounds good to me.

Of course there are other factors in the present systems that encourage poverty.

That is not relevant to what I put.

Taxation can determine minimum income laws and where the poverty line is.

It is foolish to complain that the rich are not taxed enough, which controls how rich or less rich they will be, while denying that the poor's income is decided by the same laws and tax code do the same thing. Right?

If not, what is different, other than the amount of wealth to each group?

Regards
DL

..no? Not at all? You haven't demonstrated taxation actually determines wealth. Because it doesn't.

[Peebothuhlu]

At work.

I've only sparsely been following the thread.

Firstly, and completely out of my @rse, I'm going to make a 'Prediction' an uneducated guess as it were.

I am gojng to say that Greatest I Am's heritage is of the American persuasion. Happy to be set strait on this.

Now what brings me to post is Greatest's ideas about what taxation 'Is'.

The way they are posting about it. Taxation would seem (Again, correct me if I'm wrong) to be 'The Government' taking... Perhaps the word theft might even insinuated..... a person's hard earned money and or wealth. Government taking from 'The poor' to do.... things. I'll stop short of the whole Robin of Loxley trope.

I'll leave it there for Greatest to clear up any of the stupid I've potentially posted.

Looking forwards to more discourse.

Cheers.

[BrianSoddingBoru4]

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

[Greatest I am]

Of course there are other factors in the present systems that encourage poverty.

That is not relevant to what I put.

Taxation can determine minimum income laws and where the poverty line is.

It is foolish to complain that the rich are not taxed enough, which controls how rich or less rich they will be, while denying that the poor's income is decided by the same laws and tax code do the same thing. Right?

If not, what is different, other than the amount of wealth to each group?

Regards
DL

..no? Not at all? You haven't demonstrated taxation actually determines wealth. Because it doesn't.

Can't refute, so deny.

A good strategy for dummies.

Regards
DL

---

At work.

I've only sparsely been following the thread.

 Firstly, and completely out of my @rse, I'm going to make a 'Prediction' an uneducated guess as it were.

 I am gojng to say that Greatest I Am's heritage is of the American persuasion.  Happy to be set strait on this.

Now what brings me to post is Greatest's ideas about what taxation 'Is'.

The way they are posting about it. Taxation would seem (Again, correct me if I'm wrong) to be 'The Government' taking... Perhaps the word theft might even insinuated..... a person's hard earned money and or wealth. Government taking from 'The poor' to do.... things. I'll stop short of the whole Robin of Loxley trope.

I'll leave it there for Greatest to clear up any of the stupid I've potentially posted.

Looking forwards to more discourse.

 Cheers.

You would not like to live without taxes.

Who would build and maintain our roads, etc. etc.?

I have no problem with taxation. It is the percentages and distributio9n I have a problem with.

Not as much in Canada, although we are not perfect, but my American friends are sure getting screwed.

I do have some American traits. I cannot help that given the proximity and American friends I have had.

I like the older style. This newer style show some troubling traits that I hope you recover from.


Regards
DL

[Foxaèr]

Things can be adequately done without the need for taxation.

Having been indoctrinated into the tax system, we believe it to be a necessity.

[BrianSoddingBoru4]

Things can be adequately done without the need for taxation.

[second statement removed]

Convince me of that. Tell me how military, police, schools, postal services, public health, sanitation, food inspections, scientific research, roads, looking out for the poor and disabled, etc can be done without taxation.

Boru

[Foxaèr]

[second statement removed]

Convince me of that.

You're already convinced that taxes must be a thing. Simply think the opposite, and it can be so.

[Greatest I am]

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

The tax system can set a minimum income and that ends poverty.

Taxes not only determine how much wealth you and the rich will retain, just like it does for the poor.

Regards
DL