Income Inequality

Just so DonDiego is not thought to be among "the people" to whom pjstroh refers:

__ DonDiego has not "demanded" lower taxes for himself; he would like to see Government activities and expenditures decrease overall, . . . the result of which should be lower taxes overall.
__ DonDiego has not demanded the elimination of the "billionaire estate tax"; he has hardly thought about it at all, as he figures billionaires can take care of themselves.

__ DonDiego opposes any military action in Iran.
__ DonDiego opposes military action in the Ukraine; the US "interference" in the disposition of the regions previous ruler and subsequent installation of President Poroshenko was unwise.
__ DonDiego opposes any military action in North Korea.
[While he is discussing this topic, DonDiego notes a Navy SEAL was killed in close-combat today (3 May 2016) in Iraq. DonDiego can only assume he was not wearing boots, as that would've been in violation of the Commander-in-Chief's policy.]

__ DonDiego opines a 2000-mile wall on the US-Mexico border is impractical; he does not object to improved enforcement of the US southern border in accordance with present laws prohibiting illegal entry into the United States.
[DonDiego generally supports enforcement of all Laws on the books; if a Law is not worth enforcing it should be eliminated.]
[A TIP: If construction of such a 2000-mile wall were to be approved DonDiego suggests one purchase United States Concrete (USCR).]

__ DonDiego has no opinion on the size of the US Navy Fleet; such decisions are above the rank which he achieved in his Naval service.

__ DonDiego recognizes "cutting taxes" and "reducing government" are not synonymous. However, they could be compatible. So DonDiego would favor both; reducing Government before cutting taxes would be the more appropriate order.

Boiler supports everything DD said above, except..........................we can build a wall.

I sure wish Forkie paid his fair share. He doesn't even contribute any time or money to non-profits. He just whines about it.

We could cut 1% a year until the budget is balanced. The 1% cut per year when combined with the natural growth in tax revenue would create a balanced budget within a few years.

Is there one "Progressive" who's willing to tell us how much money is "fair share"? I think not.

You think wrong.

The approximate marginal income tax rates and capital gains rates that were paid during the years of America's greatest economic growth for the middle class. You know, the FDR-Truman-Eisenhower-Kennedy-LBJ-Nixon years. And in the states, no sales tax and a flat income tax based on income, so that everyone pays about the same overall state tax rate.

Sounds Communistic, doesn't it?

Tell me. Did they have the following with those past tax laws?

Alternative minimum tax
Suspended passive activity losses
Limitations on deduction of losses from publicly traded partnerships
Disallowance of tax shelters
Much longer depreciation periods
10% haircut on medical expenses
2% haircut on miscellaneous expenses
No deduction for personal interest
Limits on deductibility of charitable contributions
Phase out of exemptions
Phase out of itemized deductions
Limit on amount of deductible interest on a mortgage

There are many more, but that is a good start.

Definition:
communism [kom-yuh-niz-uh m]
noun
1. a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.
2. (often initial capital letter) a system of social organization in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating political party.
3. (initial capital letter) the principles and practices of the Communist Party.

DonDiego doesn't quite see what forkushV proposes as "communism", although adoption of communism would make it easier to implement the proposal.

What forkushV proposes is, however, unconstitutional, specifically prohibited by the Bill of Rights.
The Tenth Amendment
"The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."

The authors of the Constitution envisioned a Federation of States, each of which would govern itself. One advantage of such an arrangement is that a variety of methods of governing might better serve the needs and preferences of the citizens of a variety of States which are quite different in size, geography, industry, etc.

DonDiego opines it is a good thing that he is able to consider the numerous differences in the State Governments, especially things like taxation rates and methods, and choose to reside in a State more agreeable to his preferences.

Some folks apparently prefer to live in States with income tax-rates exceeding 10%; others prefer States with no personal income tax. Some folks apparently prefer to live in States with sales tax-rates over 9%; others not so much. Some folks apparently prefer to live in States which distribute more ample State Welfare benefits.

DonDiego likes variety, . . . as did the Founding Fathers.

Others may prefer that everyone be the same: "We Are One"

Since forky doesn't work it is very easy for him to support high tax rates

DonDiego, please stop witlessly making shit up or I'll have to start calling you "hoops."

I think that disgraceful "low taxes" states like Texas should stop requiring the middle class to pay 300% the overall state and local tax rate compared with the top 1%. I did NOT specify how that change should occur. Preferably, the governor and legislature would want to do it out of common decency.