Originally Posted by
TheDarman
Truth be told, my own memory of my financial situation having failed me (in this case, ridiculously) contributed to the framing of the discussion. Especially since my memory issue was also used to make a political point that had a sort of confirmation bias. For that, I apologize. That being said, I think the points about the issues with the tax cuts I identified are quite clearly demonstrated. Especially in the part you quoted, stating that I was addressing points you never made, even though those are the points that actually supported the tax cuts and their case. And, without those arguments, there is little to support a case for the tax cuts we got.
Ultimately, I find myself quite concerned with the fact that our definitions of middle class have shifted too idly given the decreasing purchasing power associated with an income. My idea is that anyone that struggles to make rent or pay for their childÂ’s school ought to receive a direct public benefit rather than a deliberate extraction. Given those people are middle class, by median income metrics, I think they need to be beneficiaries more than paying subjects, at least until their income is sufficient for decent purchasing power.
Certainly enough of their money though, especially if we arrive to a point where money above $500,000, $1,000,00, and, further, $10,000,000 get tax increases. There is no reason to have anyone spending an ungodly amount of money on luxury goods when we have people starving on their feet, a hernia away from bankruptcy, or, otherwise, unfortunate.
Right. But the White House proposes a budget and compromises with the Congress. What you are pointing to is that compromise on budgets has had a positive effect on fiscal responsibilty goals. WeÂ’ll see if that will happen with Democrats running the House. But, often, Democrats have been unable to yield the same political influence in the House as Republicans have.
Right. But you have to admit that the revenue is even more than federal taxes. Expenditures are high but they are often necessary. Given they are paying for it, and ripping away these programs would callous and cruel, I think it is high past time we stop looking at these items. We need to be looking at discretionary spending and the kinds of spending we do with only federal tax revenue.