You want everyone paying their fair share of taxes at all economic levels. Which is one of the reasons why I’m in favor of what I call the Progressive Consumption Tax. Which would accomplish most of that especially by eliminating all the wasteful tax loopholes in the tax system, including corporate welfare. But you don’t want taxes so high on anyone that it discourages people to be productive and successful. And gets them asking the question, “why should I work hard and be productive when Uncle Sam takes most of the money that I make anyway?”
We do not want taxes so high to that point which is what we saw in the late 1950s and early 1960s, with a recession, followed by weak economic and job growth. Similar to what we’ve grown through the last five years. And even though the Great Recession wasn’t a result of taxes being too high, taxes that are too high can play a role in creating recessions with people not having enough money to spend to create strong economic growth. And what we saw as a result in the mid 1960s was a Progressive Democratic president in Lyndon Johnson and a Democratic Congress with Conservative Republican help, is cut taxes across the board for everyone. Which contributed to an economic boom of the mid and late 1960s.
I’m an easy going guy who is never afraid to crack a joke. I’m almost always in a good mood, I believe the happier you are the better off you’ll be & the longer you’ll live. I believe in living life rather than being alive. Very hard to get me down. I tease because I care. I try to find humor in everything & everyone that I see. I tease anyone that I respect, care about, like, or love. If I’m not joking around with you, or teasing you, it is because I don’t know you well, don’t like you or you don’t mean a whole hell of a lot to me.
I blog about a lot of different things, because I have a lot of different interests and knowledgeable about a lot of those areas. How knowledgeable I am, you can decide that for yourself by checking out my blog. And we can talk about what is what in an adult professional manner. And perhaps even learn things from each other that we didn’t know going in.
Source:The New Democrat “Ideological turmoil in America has reached unprecedented heights. With conservatives falling into the unfalsifiable throws of populism and Liberals fetishizing 1960 solutions to 2020 problems, both appear lost in moving through the 21st century. What comes after Trump for the populist? What comes after liberals fail yet again to implement a child’s […]