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Originally Posted by DanaC
Whenever people suggest that the rich should pay more taxes than they do, someone throws out the 'you could take all their money and it still wouldn't be enough' line.
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Showing that SOMEBODY has seen the math on it.
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It isn't one or the other. It isn't a choice between virtually tax free wealth on the one hand and bankrupting the rich on the other.
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I agree.
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And, having established that the rich cannot solve the financial crisis on their own, the onus is always shifted almost entirely onto the backs of the working and middle classes.
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Which is EXACTLY wrong-headed! Stop right there! Where does the onus lie for this? Right on gov't spending!! But the liberals do NOT NOT NOT want to allow one dollar to be cut from anything, no matter WHAT!
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The wealthy should pay more than they currently pay. The fact that their combined wealth would not be enough even if we took it all, is not a good reason to let them get away with paying so little. It's also not a good reason to expect those who aren't wealthy to carry the can.
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I agree. But you can't get the Democrats to cut spending -- they will SAY that they will -- did it to Reagan, did it to George Bush I, etc. They refuse to honor their promises on this.
The one time they were forced to, was when the Republicans were in control of Congress, and Clinton was in the White House. The "Contract with America" was in force, and popular, and cuts were made. It's hard for them to admit that it helped our economy a great deal, during the Clinton Administration.