There is a lot of generalities being thrown around here but, behind them I doubt there is much substance.
The rich not paying their fair share for instance: What is their fair share? Don't the top money earners already pay most of the tax already? I think I heard something about the top 10% paying 60% of the taxes while 48% of the population pays no taxes.
Loop holes is another one: What specific loop holes need to be closed? I've heard of examples of companies paying no taxes but, I havn't heard of the terrible loop hole that made that possible. Could it be that they didn't pay this year because of losses they incurred in the previous couple of years. Is a loss a loss and a gain the governments?
I've heard that the rich have a higher percentage of taxation but, because of these loop holes they never pay it. Do middle and lower class Americans simply pay their percentage of taxes or do they have exemptions and credits and deductions and whatever else you could call a loop hole. What percentage of income tax did you pay after you or your accountant worked their magic last year?
Recently someone said that the saftey net such as Social security shouldn't be touched because people have paid into it. That is true: they did pay into it. They also elected governments who put America into debt 14 trillon dollars and counting. Are you actually arguing that they don't share in the responsibility for that but, rather are owed by the next generation to ensure they get all their elected governments promised but, didn't save for?
I've heard a lot of ridicule about the notion that the rich need money in order to create jobs. It is pointed out that few have been created under Obama even with the retaining of the Bush tax cuts. So how do you see jobs created. The job rate still hovering over 9% has got to be Obama's greatest failure. The real numbers of unemployed are obviously much higher. OK, so you take more from the rich. How is that going to produce jobs? If Reagan was wrong what will work? How can taking more money out of the economy do anything but, hurt it more?
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