Sad state of our National Parks-II

tomman58 wrote:


Sorry but it isn't 2011 anymore and today we are going a TRILLION more in debt annually because of the "new and improved" tax codes.

Yes, but until I retired 100% of my income was taxed at the rate paid by people like me, that work for money. Now a lot of my income comes from money working for me, and is taxed at a lower rate. And my income is not near high enough for the new codes to help. And if I was still working my rate would of gone up with the new codes.

As much as we see most of the USA each year, yes each year we go at least half way and on the off years we go to LV and AZ from Michigan and then down and across to FL. Sorry but there is one heck of a lot of poverty that is evident especially in the southern states. We are saddened in Fl because we are there the longest and each month we give heavily to the food bank in our camping area. There really is no good reason for this in our country. I also hate Wallmart and others that do not pay a proper wage for a person to live on yet reap billions each year in profits. I guess that is me but from my drivers seat we have been there done that often enough to know this country needs to do better.

My point is if the high people that owned the high profit business paid rates like they did in the '50s (When the middle class was growing) the owners might think something like if I put this extra $100,000 in my bank account, I will have to pay uncle $90,000. Might as well give the employees a little raise.
I know at the end of a good year I have bought extra tires, so can take the deduction now.

westernrvparkowner wrote:


It is a simple fact that you cannot run up any debt unless you spend, period. The US Government spends 11 Billion dollars every single day. Jeff Bezos is the worlds richest man with a net worth estimated at $165,000,000,000. If you could turn him upside down and shake the last dime out of his pockets he could fund the government for 15 days. Then what?
Want to tax his income? Great, only problem is he doesn't have any. His wealth is Amazon stock. It doesn't pay a dividend. He would only show income if he sells some shares and if he wanted to avoid a punitive tax he could get billions in cash by borrowing at any bank and using some shares as collateral.

Well back in the early '90s I had a bad year. I had receipts proving that I had spent more money on my trucks had grossed. My accountant and I spent most of a day explaining that in the course of a year I ate 2 antique El Comminos.

So the logical answer would be to tax wealth. Only problem is the wealth of billionaires is tied up in investments. They are not like Scrooge McDuck and have their wealth in cash stashed in vaults. To get the cash to pay those wealth taxes they will have to sell those investments. Problem there is the potential buyer pool is other rich people who are also looking to sell for cash, not buy.

So what happens when we give them a tax cut? There is no more demand for most goods and services, they don't want it in a bank or mattress, so they bid up the price of stocks, so the press thinks, or at least reports "the economy is booming", even when a lot of full time workers can not bring home enough to pay both rent and student loans

Proper and fair taxation alone will never come close to being a panacea, spending MUST also be addressed.

You might be right, but if we had proper and fair taxation, then maybe the majority of people would have a say in adjusting the country's priorities.