we are reaching another debt ceiling and the only options for reducing the debt are raising taxes and/or cutting spending…
The best option is to raise taxes, let me explain why. For one, people want to have rewarding and fulfilling careers. What would people do without careers? Not only do some wealthy people have fulfilling careers that they enjoy, but they get excessive rewards and compensation for doing easy work some unemployed and poor people are capable of doing and want to do. Case in point, I was going to school for finance, but unfortunately I was victimized beyond belief and slapped with a criminal record courtesy of the lying and deceitful fiends that victimized me beyond imagination. so, what happens is instead of me getting a job, a wall street protester with a degree in chemistry gets my job for protesting. I got an A in college chemistry, but I dont have element symbols memorized, I have ticker symbols memorized. what is wrong with this country is twisted psychic illness…
Another reason for raising taxes other than that some rich people are getting money for having fulfilling and enjoyable careers is that they are going to invest their money rather than hold dollars, especially as the debt level continues to rise and becomes insurmountable. As the debt rises and the dollar loses its prospects has a viable store of value, people become increasingly likely to exchange their dollars for assets like gold and other precious metals. A rising gold price is detrimental to the money value of the currency as well as the psyche of the investor. If precious metals rise in value and the dollar loses value as the debt rises, then there becomes little point in the future to take dollars for revenue…
People dont like to be taxed and will fight with all their might to keep every cent that they can in their pockets. Often, they will make false claims. For example, they may say that taxing people now reduces total output later. However, that is false. Think about it, if you produce something and I take it away from you, then you have to reproduce it. If you produce something and you arent taxed on it, there is reduced incentive to produce more as an effect of diminishing marginal utility…
Furthermore, many rich people have very luxurious and carefree lives and are vicious savage inhuman apes who are themselves Entitled and privileged with vast and obscene amounts of wealth for producing nothing than waste and demand, you can understand the implication. They often claim that other people are rewarded with their confiscated wealth, but that is an ill and false claim. In reality, most people are not ‘rewarded’ with anything but their waste and psychic disease. Even if you give paper to some people in impoverished areas, it is not the rich that serve those who get the paper, it is the poor who serve to get the little bit of paper. What would happen if you reduced the amount of paper and so-called goods given to some impoverished areas is decreased economic activity and increased unrest. I dont even care to make more of a case, if you need one, may you be reincarnated in the ghetto. Rich people ripped the land of its natural wealth, left it an impoverished wasteland, call it a reward and fight to keep every cent in their pockets as the country goes down the drain
I do not condone an unsustainable welfare state. I advocate sustainability, healthiness, peace and prosperity for EVERYONE. and let me tell you, NO ONE can turn nothing into something. Ultimately, all inputs come from the Earth, and those do not belong to any one individual. so try sharing, you foul cretins. I suppose I will need to articulate how to develop a healthy and sustainable economy which the rich may know how to do as well but they benefit from the dependence of their serfs and are far too greedy to admit it
Let me know your answer, please. im anxious to hear it…but im going to do my volunteer service now and have to go my measly dollar earning job later