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Reply to "Elderly parent is on Medicaid in nursing home, will they lose financing? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Stay tuned. Overspending by the GOP will trigger automatic cuts in Medicare. [/quote] Government has been overspending for over a century. Government will continue to overspend until it all crashes. Fiat currency be like it be. [/quote] Government hasn’t been overspending. It has been under taxing the rich. [/quote] The top 1% of earners paid 46% of federal income taxes in 2021, despite earning 15% of total income, according to the National Taxpayers Union. The top 10% paid 75%, while the bottom 50% paid 2%. The Joint Committee on Taxation confirms millionaires pay an average effective tax rate 3.5 times higher than most Americans. [/quote] What about billionaires with their fancy ways of extracting funds from their investments? It's not income so it's not taxed. They need to pay.[/quote] If they earned it, why should they transfer their wealth to you? Just because you'd like more money and they happen to have it? Do you support robbing banks, too? After all, that's also where the money is. Earn your own money. [/quote] That’s right. Let them eat cake. Who cares if they were born into poverty with no access to a quality education and no resources to succeed in life. Empathy and helping your fellow compatriots is for losers. We want a country where the rich have billions and the poor keep getting poorer. It ensures more inequality, more resentment, more injustice, more crime. Income inequality breeds crime. Just look at the countries with the highest income inequality. They are also the countries with the highest crime rates. Brazil, South Africa, Mexico, etc…[/quote]
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