Reply to thread

Message

<blockquote data-quote="vantexan" data-source="post: 6041441" data-attributes="member: 24302"><p>But that&#039;s exactly what happened in the Soviet Union.&nbsp; Only the leadership and those who made the state look good, like top athletes, lived better lives.&nbsp; I think if everyone practiced Christianity, from the government on down, and I mean sincerely practiced it, then the super wealthy would be much less so and the very poor would be much less so.&nbsp; But there&#039;s a difference between everyone on the same page striving to do the right thing and people taxed so heavily that they may be solid middle class but no longer millionaires.&nbsp; You can always point to exceptions but many who achieve want that brass ring.&nbsp; If all their efforts won&#039;t make them wealthy because the government takes a huge share then most of them will stop trying.&nbsp; It was John eff Kennedy who pointed out that when you reduce taxes and people can keep more of what they make then the resulting increase in economic activity will actually bring in more revenue than if they kept the taxes the same.&nbsp; You know what?&nbsp; Every time we have cut taxes that&#039;s exactly what happened.&nbsp; Government revenue increased.&nbsp; Unfortunately whenever revenue increased our government found ways to spend it all and then some.&nbsp; And look where we are now.&nbsp; Servicing our debt now takes 23% of our tax revenue.&nbsp; And we still print money to cover the rest which will take more and more to service our debt.&nbsp; Not sustainable.</p></blockquote><p></p>

[QUOTE="vantexan, post: 6041441, member: 24302"] But that's exactly what happened in the Soviet Union. Only the leadership and those who made the state look good, like top athletes, lived better lives. I think if everyone practiced Christianity, from the government on down, and I mean sincerely practiced it, then the super wealthy would be much less so and the very poor would be much less so. But there's a difference between everyone on the same page striving to do the right thing and people taxed so heavily that they may be solid middle class but no longer millionaires. You can always point to exceptions but many who achieve want that brass ring. If all their efforts won't make them wealthy because the government takes a huge share then most of them will stop trying. It was John eff Kennedy who pointed out that when you reduce taxes and people can keep more of what they make then the resulting increase in economic activity will actually bring in more revenue than if they kept the taxes the same. You know what? Every time we have cut taxes that's exactly what happened. Government revenue increased. Unfortunately whenever revenue increased our government found ways to spend it all and then some. And look where we are now. Servicing our debt now takes 23% of our tax revenue. And we still print money to cover the rest which will take more and more to service our debt. Not sustainable. [/QUOTE]

Verification