California is getting even more expensive

Stefonius wrote:

ljr wrote:

Stefonius wrote:

bob_nestor wrote:
Most people don't seem to get the point that the increased taxes on the rich and corporations get passed on to those who buy the goods and services from them. I've always maintained that the only people who actually pay taxes are the Middle Class - the rich can pass them onto others, the poor get tax breaks. Businesses are only acting as tax collectors for the Government.

History disagrees with that viewpoint. Prior to 1986 (when Reagan eviscerated the tax code), close to 90% of all government spending was financed by corporations and billionaires. Now that burden has shifted to the middle class. When you give tax breaks to wealthy and corporations, they don't miraculously create jobs. They squirrel it away offshore as fast as they can, thus removing those dollars from the US economy entirely. This is very, very bad for us.

Do you own mutual funds, participate in a retirement plan or contribute to a 401k? “they” is you.

My retirement plan (et cetera) is not in offshore accounts that the government can't reach; therefore "they" is NOT me.

Check the prospectus. You own companies that have to escape our tax system to protect your profits.

But first turn off the TV. They are filling your head with so much hate and envy that you can’t think clearly.