It's not imagination.
Don't know about others, but I see that as the way to reduce the power of accumulated wealth, which is a good and necessary thing.
Then why are the wealthier/est being punished?
97% of the taxes are paid by only 50% of the people. The top 1% pay 39%.
Punishing success is a bad idea.
Why do you imagine liberals and progressives oppose profit?
Reducing the wealth that creates the technologies and innovations that drive the world markets and employ people.
Yes, anti-entrepreneurial, in fact. 🙂
by definition they (liberals) don't. they espouse equality though and that is where it becomes cloudy.
This is a paradox...how can liberals support entrepreneurship? This is an illusion. Entrepreneurs are driven by profit incentive, and this is what creates new technologies and innovations. It takes capital to do this...
Liberals always want fairness, right? Well how about an equal tax percentage for all?
I've been around liberals all my life who think the best thing to do for the poor is to give them things. They fund such generosity with the contents of my wallet.
I am confused about the use of the term "liberal". Seems to be a curse word in the US.
In Germany (and I assume it is that way in the rest of Europe too) a liberal is someone in the middle of the political spectrum. Normally they don't want the state to interfere too much in the markets.
So yes. A liberal supports entrepreneurship.
There is the term "neo liberalism". This is hardcore kapitalism.
What's the alternative, a fixed fee for everyone? I.e, regardless of income, everyone pays, say, $9,000 in taxes every year? That would certainly level the field, 50% of the people would pay 50% of the taxes. But the people working on minimum wage would have to spend 100% of their disposable income on taxes.
Equality of opportunity, which goes out the window in a society controlled by the wealthy for their own benefit.
How about a fixed percentage? Nothing can be more fair.
The problem with the 'soak the rich' argument is what is the definition of 'rich?' The presidential candidates were asked that question during the campaign last year. Pretty telling answer from the socialist candidate:
WARREN: OK. Taxes, this is a real simple question. Define rich. [ laughter ] I mean give me a number, Is it $50,000, $100,000, 200,000? Everybody keeps talking about who we’re going to tax. How can you define that?
OBAMA: I would argue that if you’re making more than $250,000, then you’re in the top three percent, four percent of this country. You’re doing well.
As the dollar deflates, $250k buys less and less each year. The good news, is that eventually we are all rich, right? 🙂
I don't recall a socialist on the platform last year.
How about a fixed percentage? Nothing can be more fair.
The quickest way to cut taxes would be to reduce the Pentagon's budget. But to say that it's worth even a look is to be branded a traitor.
How about a fixed percentage of discretionary income? That's even more fair!
Yes, tried his best not to hide it, with a media assist. 😉
Ever heard of a rich guy named George Soros? What is preventing him from exerting disproportionate political power, at the cost of your personal liberty and mine?
Yes, tried his best to hide it, with a media assist. 😉
Ever heard of a rich guy named George Soros? What is preventing him from exerting disproportionate political power, at the cost of your personal liberty and mine?