Well on that we agree, which make the orginial question somewhat moot. Originally Posted by WTFI don't think the original question is moot, since policy makers will have to offer some specifics regarding top-bracket rates, levels at which deductions should be capped, etc. And in anticipation of that, we can kibitz and complain! You can be sure that plenty of financial pundits and journalists will do just that.
And your last post is simply a collection of non sequiturs and meaningless statements.
If your primary claim is that we spend too much on defense, I agree with you. But your statement that we have "taken from the Social Security and Medicare 'surplus' to pay for defense" is misleading. In fact, the "surplus" was for many years just put in a big pot where it was spent on everything. And the rise in defense spending pales in comparison to the expanding level of spending on everything else, including entitlement and social welfare programs in recent years, the costs of which which will increase rapidly in the absence of serious reform. So you need to consider how the whole pie was sliced.
Reductions in the federal income tax burden on most middle class workers greatly exceeds the extent to which state and local sales taxes and the like have added to their overall burden of taxation. The tax system, taking into account all forms of taxation, has actually become more progressive, not less, across most of the income strata. Note also that wealthy taxpayers do not pay significantly less than they would have under the code and rate structure of fifty years ago. The fact that the very wealthy often pay taxes at rates lower than workers whose incomes are near the mean is nothing new, as was mentioned earlier in this thread.
You need to learn to read. Just because i didn't pull a random number outa my ass doesn't mean i didn't answer the question. Originally Posted by DooveI can read just fine. Presumably, so can you, at least insofar as you probably recognize most of the words on a page and have some idea what they mean if taken individually. But when your brain tries to connect the dots and actually understand the gist of the message, it seems to have a bit of trouble -- as evidenced by your silly claim that you actually answered the question, when all you did was offer a vague generality.
And i'm still waiting for chica chaser (or you, or exnyer, or whomever) to answer my question about the exact number in dollars that they think the budget should be for all the social programs.OK. My answer to both questions is "substantially less."
And how about defense? Give me a number. Originally Posted by Doove
See? By your line of reasoning, I "answered" your questions.
But more to the point, ExNYer previously noted the fatuousness of that line of questioning. Go back and read post #86.
Even more to the point, spending is not the subject of this thread. The share of the burden that should be shouldered by affluent taxpayers is. If you want to talk about spending, you're welcome to start a thread on the subject.