Comments on: Fewer Earners, More Burners: When Does it Stop?

By: Rod Tataryn

Rod Tataryn — Thu, 23 Oct 2008 03:45:31 +0000

Once again Brian – you’re dead on target. This experiment has been run over and over throughout history. Increase taxes and discourage production. Read the comments. Nothing kills motivation like wealth redistribution. That’s why Hauser’s Law is an established fact. The government should have one goal – increase the GDP. Period. Then we’d all win. It’s really not that difficult.

By: Bill _in_NYC

Bill _in_NYC — Thu, 23 Oct 2008 03:37:36 +0000

I hope that I am not the only one who thinks this, but this is not just a bad economic plan, this plan is immoral as well. If people want to give their money to help those in need, that is fantastic. If they do not, then that is their choice as well. It is completely immoral for government to forcefully extort money from a person who earned it and give it to someone who did not.

I believe that people should be self reliant. Sometimes we all need a break or a helping hand. But that is what charities, foundations and religious organizations are for. VOLUTARY GIVING!! Strong arm extortion is immoral, even when performed by the gov’t in the name of “fairness”.

By: Joe the Lib

Joe the Lib — Wed, 22 Oct 2008 23:44:23 +0000

Good day all,
Ok, here for the flaming. I was a welfare child. Single mother raised 3 of us. Used welfare to make ends meet. Student loan to get a degree. Section 8 for housing support. She’s a RAGING liberal. All three of us have jobs, families and homes. All are productive, tax paying citizens.

See, sometimes, the idea of helping those that cannot help themselves has merit. Sometimes it does work. Sometimes it doesn’t. It’s because everything involves people and some people really don’t know how to play nice with others. Some rich are lazy (I loathe Paris Hilton), some poor are hard working. Some people are born with talent (I REALLY loathe Alex Rodriguez) while others just have to do the best with what they have. It’s really not like, if you’re not rich, you only have yourself to blame.

By the way, we have had both parties in control of the White House and Congress in the past 40 years. We’re neither the conservative nor liberal disaster that both sides say we will become if the other gets a turn at the wheel.

Be well and stay safe all.

Joe

By: Bob The Great

Bob The Great — Wed, 22 Oct 2008 23:01:36 +0000

Better we should spend our time studying the reasoning and thinking of this contemporary professor:

http://www.gmu.edu/departments/economics/wew/articles/08/Destroying%20Liberty.htm

http://www.gmu.edu/departments/economics/wew/articles/08/LessonsFromTheBailout.htm

http://www.gmu.edu/departments/economics/wew/articles/08/PoliticalMonopolyPower.htm

By: Bob The Great

Bob The Great — Wed, 22 Oct 2008 22:50:10 +0000

Much as we would like to believe what Eric W. said above, it is fiction.

http://www.snopes.com/politics/quotes/tyler.asp

By: Can't Stand It

Can't Stand It — Wed, 22 Oct 2008 21:41:17 +0000

I already decided, and planned all this year, a 1/4 slow down in my production and income in case an Obama regime wins the election. If he is in office come January, I am cutting back to the no tax cut-off. See most people can’t because of children or car payments. But if everyone cuts back at least 10%, the Dem regime won’t have what they think they are going to have and I hope, fail. I am not contributing my sweat to thier regime’s success. Consider me in “the oppostion”.

By: Anne L

Anne L — Wed, 22 Oct 2008 19:49:20 +0000

ERIC W – you are my HERO! the way I figure it we are at stage 7 – maybe time to figure out how I can get dual citizenship in Ireland. I can’t believe how the people of this country cannot see what is happening – WORK for what you get. You are entitled to NOTHING you don’t earn. Where did this go?

By: David

David — Wed, 22 Oct 2008 18:56:24 +0000

Fantastic article. This is exactly what I have been arguing. This phenomenon with taxes and wage earners squeezes the middle class. I hate to break it all you class envy types, or “I’m for the middle class types,” but when you hurt the upper income earners, you squeeaze the middle class. Eventually, you’re left with a top 2% aristocrat class and everybody else, dumb and smart, lazy and hard-working, receiving an equal allotment of dirt.

By: Working too hard in California

Working too hard in California — Wed, 22 Oct 2008 18:34:02 +0000

I agree with Brian. I don’t think Obama’s tax plan is sound, fair or viable.

But, the voting population can’t seem to hear that. The Obama supporters that surround me are happy to get someone the opposite of George W. Bush. (I neither voted for nor ever liked George W. Bush either. But I am not going to “cut my nose off to spite my face.”) Except for the spending, Obama is pretty much the opposite of Bush.

There are those that surround me that incorrectly believe they are going to get a tax break with Obama. Obama is a good salesperson.

I also know an individual that believes the government should take care of her and her family. Her mom never saved money and is now retired and living in a government subsidized apartment. The daughter has never wanted to work too hard and complains when she has to work overtime. The daughter (in her fifties) is up to her eyeballs in credit card debt with no savings. (She finally started a small 401k because I talked her into it.) Her family believes that the govermnent should take care of them. They are American citizens from the Mayflower. It is owed to them. They feel Obama will give them what is rightfully theirs.

Then, there are those that want to vote for McCain, but he is spending like a Democrat as well. So I know someone that will vote Libertarian instead.

Brian, the deck is stacked against us.

By: bill

bill — Wed, 22 Oct 2008 18:24:37 +0000

Thank God the Second Amendment has survived to this point. I at least still have the right to bear arms and I may need them to defend myself from what claims to be the “government of the people”.