Cassidys Mom
The problem with the trickle down theory is that you'd have to believe that companies are paying their employees as much as they can afford. AND that if they made more money and could afford to, they'd pay them more. For some companies that may be the case. But for many others they're actually paying as LITTLE as they can to attract and keep decent employees. Giving them big tax breaks with no strings attached might make the corporate officers very happy, along with their shareholders, but there is no reason why they'd do more for their employees, because they don't have to. And they make more money if they don't.
So I went over to my Dad's for dinner last night to do tax returns (haha yay I OWE the government money... thanks to waitressing earlier this year)
We discussed the trickling effect and I asked him about the Tax break. He said "all the people that are mad about the tax cuts have no idea what they are talking about, if your mad about the tax cut you obviously didn't get one... You weren't allowed to have a tax cut unless you could prove that your company benefited and flourished. I had to hire X amount of more men and spend X amount more money into my business in order to get my tax break... what the heck do people think? Bush just decided oh let's give them money... NO WAY! We got a TAX break meaning we got money back for the crap load of taxes we usually have to pay... and guess what? Now it's starting to come down to your guy's level hense the new bill going into house about sending YOU guys a check... the trickling affect absolutely works. If people just chilled out and stopped with the whole 'the rich get richer!' what are you kidding me? If you make 8million you pay 6million to the government!!!! That's ridiculous! How is it my fault that other people don't make good money? It doesn't take a large brain to figure out if you want to be better off you need to educate yourself and keep moving up... I was on my own at 17yrs old with NOTHING and look where I am now? My parents gave me NOTHING and were the most liberal democratic people I've ever met. Now I'm a so called 'wealthy' man with Republican views."
What I'm starting to realize is all of our politic views mold based on how you were raised, your personal life style, and where you live. Just like you said $100,000 is not a lot of money anymore... yet AMT kicks in at 100,000??? We are not living in the 60s anymore, government needs to change.
What people also don't realize is when you actually ARE wealthy you pay so much more money to the government! When people bark about the rich I always ask them "how many millionares do you know???..." and usually its "uhh uhh... none! but still!" no 'but still' you have NO idea about what they actually do and actually pay...
My Uncle or example (now retired at 46 lucky duck...) well you know why he's retired? worked his BUTT off! He was the CFO of his company and his ending salary was 850,000 a year.... yeah and he also paid half of it to the government, couldn't write off his morgage, couldn't write off his children, couldn't write off ANYTHING! So when you talk about the rich 'only thinking about themselves' well how would you like it if almost more than half of what you worked hard to get is TAKEN from you???
Its a pure fact that if you make a good living you're probably a Republican and if you are in the middle class you are probably a Democrat... let's be honest! If you are in the middle class and you happen to be a Republican then you could me like me and understand why a Democratic system isn't the best OR maybe strong conservative values make you at this point.
Another thing my Dad told me last night was a conversation he had with his father years ago "A Democrat is Robin-Hood... steal from the rich, give to the poor. PERIOD! When my father was alive I used to say 'I don't think it's fair that I am forced to give half my money to the government and you give almost nothing' and his reply was 'yes its fair, you make more'" ?!?!?! WHAT?! What's the point in trying to be successful then?! My grandfather made $5/hr his whole life with no benefits, ya no wonder he thought this way... his butt was to lazy to do anything with it.
Give a man a fish? GO GET YOUR OWN FISH! Look at me! I'm struggling to survive and learn and live... but I don't think ANYONE should just THROW me a fish... Tax Cuts yes, but not say "oh here you go just take all these benefits and money since your dumb butt got into debt during college" no thanks. It's my "fault" where I am, no one else's problem. If I want nice things then I need to get them myself! Also, in my state (MA) it is REQUIRED for you to have health benefits now or else you will lose all of your tax deductions and be penilized. Most companies I know around here give you free health, dental, life, disability.... I really don't see a problem...???? Issues like that are STATE issues, don't pick a president based on a HEALTH plan?! Complain to your state government about that.
After sitting there doing taxes last night I realized "wow... this is just the way it is! and there's nothing I can do about it..." In the end guess what? Taxes in 2009 are going to increase... and guess what? In 2013 they will increase... Because there are people out there that still believe we should be paying the government the crazy amount of money that we do.
Town of Hopkinton built a new school. If you live in that town the taxes just went up $1100 a month... Guess what? When the school is paid off for it doesn't go DOWN... it actually goes up!!! It's retarded! The government and their tax system is MESSED UP period. There has to be a better way; we are all just sitting here watching life get more and more expensive b/c of saying "that's just the way it is..."
I really wish we could make a big stand and stay STOP! To the government... What do you get back from giving the government money? A road (with tons of pot-holes)? The privilage to live in your state? The privilage to live in your town? A school for children you don't have? I think the amount of money we give the government could deff be cheaper.
I officially decided I wish there was a Flat-Rate tax. If I make $xx,xxx a year I pay 1% (lets just say) to the government, if my Dad makes $xxx,xxx a year then he pays 1% to the government... HOW IS THAT NOT FAIR? Know why? Because then there would be no need for the IRS and all of them would be out of work... boo-hoo go get a different job! I know a flat-rate tax will never happen in our life time but know what? I can always hope... And I was thinking... if it does "screw over" the poor somehow, good maybe they will be more driven to become successful?