Re: The Birth Tax

Grabbing at "straws"? Back to the top.

Islander - you argued:

I should
note that I have not found any loopholes to offer the typical working
stiff who brings home a wage. Kind of tells you something, doesn't
it!

And I gave you the examples where in fact "loopholes" as you call them
go to the low income wage earner that do NOT accrue to the high income
wage earner.

Gee - let's start with the EITC, the Childcare tax credit, the
standard
deduction, the mortgage interest deduction, the education tax
credit...these aren't loopholes - they are legal ways to exclude gross
incomne from federal taxes - all that are capped or completely
eliminated for high income earners.

Now, what loophole are you refering to?? The one that makes your tax
bill so small?

And here is your pithy response?

I feel fairly confident that you are aware of the loopholes,

and then this as a distraction? From income tax to wealth tax? There
is NO wealth tax in the US.


I think that your point has been stated in so many different ways that
rather than misunderstanding it, he just doesn't want to even
acknowledge it's statement. Is this a troll or what?

The amazing thing to me is the pervasiveness of his argument. IMV it is
an excellent example of what Diamond describes as a kleptocracy in "Guns,
Germs and Steel." The right has constructed an ideology in which there is
the fiction that everyman can succeed where truth is that very few can now
break the bonds of poverty (or even middle class). We are increasingly
seeing the desperation of the population in the appeal of beat-the-system
get rich schemes of the lottery, American Idol, sports stars, or other
similar schemes where only a very few succeed, but so many play along in
the hope that they might become lucky.

I think you nailed it. js is clutching at straws.

No, just sharing the progressiveness of the current personal income tax
law and suggesting that if in fact the rich are getting away with
paying no taxes, then this is a way to get them.

js

.

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