IDIOTS

No. A market is trading of goods and services, money is just an efficient way to trade. People who deliver goods and services more efficiently are rewarded by becoming wealthy. Wealth is a reward of the market, not the basis.

 

Socialism destroys markets but that doesn’t mean wealthy people create jobs either, which is what this discussion is about.

 

It amazes me guys how brain washed you are. I am not advocating for all to be equal, I grew up in Soviet Union and experienced it first hand, you probably did not, so no lecture is needed.

My point is that giving tax break to ultra wealthy does not help economy one bit. Giving tax breaks to middle class and especially upper middle class will increase consumption and grow the economy. This fu..ed up tax bill is screwing middle class.

It is so bad, that even Mark Levin from Breitbart devoted an evening few nights ago against it. I typically disagree with most of things he says, but that night agreed with every word.

As it stands, based on everything I read, these "tax cuts" will hurt and not help middle class, and thus the economy.

 

Everything here is correct. This tax bill is poor economic policy that will not help the middle class. It may actually end up shrinking it.

Lowering the social security tax and applying it to all income is the best tax relief we can do that will actually increase disposable income and increase consumption, while being fiscally responsible.

 

False. All groups need to pay the same low rate. Poor need to be paying the same rate as rich. --and yes that means taxes need to be raised on the poor. Economies work from the top down, so in order for the middle and bottom to prosper you must not confiscate from the upper. This is basic Econ

 

Tax bill is not a good tax bill as it punishes the wealthy . This is not the way to grow an economy .

 

All tax rates should be lowered except those on the poor those
should be raised

 

Yes---they do.

 

Sorry, but you are beyond help. No reason to continue the discussion.

 

It's scary that we have folks that think as you do in positions of power. We can only hope that we get some real adults in soon to help Trump. So far, he has been failed by these people. Mindsets like yours are helping to destroy the country----