Reply #3: There are a couple of fallacies people forget [View All]

[Lithos]

The upper 1% and government utilize more of the services than the bottom 99%. Sure the bottom 99% utilize medical and roads, but the upper 1% utilize services completely unavailable to the bottom 99%. How often do you fly? How often do the rich fly? The large investor bailouts of the S&L's by the FDIC did not benefit either the poor or the middle class. Corporate welfare is heavily tipped in favor of the investor class, etc.

There are only three ways for government to generate revenue

- Usage taxes (Consumption, fees, etc.)
- Income taxes
- Property taxes

Usage taxes are generally weighted heavier against the poor and middle class.
Property taxes - The rich have set themselves up in trusts which have been given greater exemption given the Pukes twisting of unrealized growth via the exemptions in "Estate taxes".
Income taxes - again, now primarily supported on the middle class, not the upper who given the system can move money around to hide real revenue.

L-