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College and University Discussion
Reply to "Tell me why Harvard is the best!"
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[quote=Anonymous][quote=Anonymous]There is a difference between TOTAL taxes and the tax rate. My post referred to the tax rate. Since we have such extreme income disparity, of course a lot more TOTAL taxes come from the wealthy. I suspect Romney's 13% is still more than most of us would make in salary. But he's not paying his fair share. And this is how the income disparity grows. This creates other problems. The money does not trickle down, as such right wingers argue. It stays with the wealthy. So they get wealthier. If more people down the food chain had more money, they would actually spend it, it would circulate in the economy and grow the economy. Income disparity as extreme as ours inhibits economic growth. Also, its destabilizing to our democracy to have a few people use their extreme wealth to game the system. The more they game the system, the less everyone else trusts it and participates in it. No thank you, I want no part of that.[/quote] This is the kind of LoFo thinking that has us in the mess we are in. ENVY[/quote]
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