> [Original Message] > From: Phil Enns <phil.enns@xxxxxxxxxxx> > To: <lit-ideas@xxxxxxxxxxxxx> > Date: 9/14/2005 5:26:03 PM > Subject: [lit-ideas] Re: Illegal Immigration > > > > I wrote: > > "The wealthy already shoulder a great deal of the tax burden." > > to which Mike replied: > > "Poor dears." > > You misunderstand my point. I have no sympathy for the rich since they can > and do take care of themselves. Rather, I was pointing out that things can > only get worse by giving government more money to squander. It seems to me > that when one has alot of money, it is easy to overlook waste. However, > when one has little money, one has to be careful with every shekel. Why not > force government to do more with less by giving them less to work with? It > seems ludicrous to complain about how government squanders its tax revenue > and then insist that this revenue ought to be increased. > > This sounds like the Reaganomics thing about if you tax them too much, eventually people will lose incentive to work (Laffer curve, supply side, but I don't remember exactly). That has been proven over and over to be such a crock of crap. Reaganomics (later called Voodoo Economics by Bush Sr.) left the country much deeper in debt at the end of his term than when he started. The rich pay nowhere near percentage-wise what middle class people pay. Not even close. In fact, not even at all. The not at all was said by Bush himself in a campaign speech, where he said the rich have accountants and so on. I first heard it in an interview of someone who wrote a book on taxation, so when Bush said it, it resonated. His audience, of course, had no idea that he really meant the rich don't pay taxes. Any money the Bush government gets, it gets from the middle class. Any tax breaks the Bush government gives, it gives to the ultra wealthy. People resist this idea because they like to believe in fairness. Belief in fairness has nothing at all to do with the way things are. Andy Amago > Sincerely, > > Phil Enns > Toronto, ON > > ------------------------------------------------------------------ > To change your Lit-Ideas settings (subscribe/unsub, vacation on/off, > digest on/off), visit www.andreas.com/faq-lit-ideas.html ------------------------------------------------------------------ To change your Lit-Ideas settings (subscribe/unsub, vacation on/off, digest on/off), visit www.andreas.com/faq-lit-ideas.html