501–504 of 504 posts
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> And one of their roles is in ensuring the interests of those lower down the income scale ... This is not a responsibility of government as described in the constitution the united states.
I'm not American but which amendment is that out of interest?
I'm tired to read articles written inside "Opinions" sections.(not that I necessarily disagree with it, you guys are explaining how this article is right or wrong better than me). I would really like (not intended at HN, it's a general crisis in my life) to read more articles about politics that are neutral and factually oriented. It seems like 90% of the political content I read twists facts and build cheap, cherry-…
I'm a fan of Shields and Brooks. Mark Shields leans left and David Brooks leans right, but they're balanced and good at sticking to the facts.
Transcripts, podcast, and video available: https://www.pbs.org/newshour/tag/shields-and-brooks
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"Double taxation" For such an in depth example you really missed this. I make $100,000 in year X. That covers two brackets, and my effective rate is, say, 25% federal. SO I have 75k left over. I invest 5k. It doubles to 10k. I'm then taxed on the 5k I earned. Not the 5k I invested. But do go on about double taxation.
Do go on? Sure! Read this: https://www.thebigquestions.com/2010/01/27/a-quick-economics...
(the kool-aid)
That author had to jump through so many hoops to make an argument his chiropractor must be rich. Seriously, that entire article was nonsense from top to bottom.
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Citation? Try sales taxes. The poor aren't excluded from them, yet someone who is poor is far more likely to spend a larger percentage of their income on them than anyone with enough income to save and invest.
Most of the sales taxes I’ve seen exempt things like food and other necessities.