Originally Posted by jhende7
Lol, I couldn't help but quote you on this ridiculous post. A 7% increase has no bearing on the real world take away of income taxation.
Say You make 34 k and pay, say 25% of that in total income tax (thats $8,500 you have contributed to "the greater good"). Say Steve Jobs makes $100m dollars and pays 30% of that gross in taxes. That would be $30,000,000.
Steve Jobs just paid 3529x more tax then you did. He just contributed more to "society" then you could in 30 lifetimes. Will Steve Jobs see 3529x more benefit from his tax contribution then you will?
Of course, this is extremely simplified, and ignores other qualms I have with taxation, and social philosophy, etc. But sometimes people just need a little perspective.
Let's go back to your little example there.
What do you think Jobs and that person making 34k a year have in common? OH RIGHT, the cost of goods.
You think that person making 34k has a choice in eating food, getting to work, paying for a place to live, or perhaps to take care of kids? Food, transportation, mortgage or rent, child care, these are all things that don't have a progressive price on them, and cost the same to both them and Jobs (cost of course meaning the actual cost, and not the impact on life the cost has.)
Ok, so the taxes get taken out. Jobs is left with 70 million, and our good for nothing waste of space is left with 16k. When you add up the cost of surviving (not living) how much money is that dead beat left with? Enough to buy an iPad, Jobs hopes.
So yes, Jobs pays into it more, but he's not battling for survival like the person making 34k a year is, and trust me, that $8500 to the person making 34k is felt FAR MORE than the 30 million taken from Jobs.
Do you know why food stamps and unemployment benefit is the governments best way to stimulate the economy? Because there is a 100% chance
it will be spent. It's a necessity. In fact, tax cuts to those who are struggling are FAR MORE effective than tax cuts to those who absolutely aren't struggling, because of this very reason! It gets spent! Spent on gas, groceries, energy, mortgage, what have you. These are the staples of our society that actually employ people. A bank account collecting interest does not create jobs like you think it does.
Look at China. No social safety nets, so almost everyone saves every penny they have. Why? Because if they get hurt or sick, THEY ARE FUCKED. The result is people aren't buying enough domestic goods and China's economy depends heavily on the rest of the world. Remember this the next time a "conservative" talks about ending social programs that take care of Americans in need.
Don't talk to us about perspective. People like you lost that such a long time ago, it's just a word with no meaning to you now. BTW, Jobs made his money in America because the system was healthy and working right. America has a system that provides a path to wealth and if that system is sick, and dying, then that path to wealth is cut off. If you want lower taxes, we need to lower the size of the government FIRST, otherwise people like Jobs won't have customers!