Comments by "c. j. macq" (@cjmacq-vg8um) on "12 Myths About Taxing the Rich | Robert Reich" video.

its called a "graduated tax." it says we all pay the SAME tax on the same amount of income. in the u. s. no one pays taxes on their first $10k. we all pay the same tax rate from $10k to $50k. we all pay the same tax rate from $50k to $100k. the same for $100k to $500k. and so on. (these are estimated figures to simplify the example.) no rich american ever became poor through taxation. but the lower classes often lose their homes from unaffordable propertry taxes. and since the rich are major recipients of govt welfare they benefit from the taxes they pay. they benefit much more from the taxes they pay than the lower classes benefit from the taxes they pay. but fair taxes are essential in a capitalist economy. (taxes aren't needed in a socialist economy.) under capitalism its fair taxation that builds and sustains a nation's infrastructure. its taxes that make society function. taxes are the glue that hold society together. but with unfair taxation the tax burden falls to the people who can least afford it. taxes are missappropriated, fraud is rampant, the infrastructure crumbles and we all, except the rich, suffer. the latter is the reality of today.
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"no one in history ever got rich from benevolence" - c. j. macq. no rich american ever became poor through taxation. but the lower classes often lose their homes from unaffordable propertry taxes. and since the rich are major recipients of govt welfare they benefit from the taxes they pay. they benefit much more from the taxes they pay than the lower classes benefit from the taxes they pay. but fair taxes are essential in a capitalist economy. (taxes aren't needed in a socialist economy.) under capitalism its fair taxatiuon that builds and sustains a nation's infrastructure. its taxes that make society function. taxes are the glue that hold society together. but with unfair taxation the tax burden falls to the people who can least afford it. taxes are missappropriated, fraud is rampant, the infrastructure crumbles and we all, except the rich, suffer. the latter is the reality of today.
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no rich american ever became poor through taxation. but the lower classes often lose their homes from unaffordable propertry taxes. and since the rich are major recipients of govt welfare they benefit from the taxes they pay. they benefit much more from the taxes they pay than the lower classes benefit from the taxes they pay. but fair taxes are essential in a capitalist economy. (taxes aren't needed in a socialist economy.) under capitalism its fair taxatiuon that builds and sustains a nation's infrastructure. its taxes that make society function. taxes are the glue that hold society together. but with unfair taxation the tax burden falls to the people who can least afford it. taxes are missappropriated, fraud is rampant, the infrastructure crumbles and we all, except the rich, suffer. the latter is the reality of today.
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what bernie was saying is that there should be caps, limits on corporate profits and personal fortunes. no person on earth NEEDS, DESERVES or EARNED a billion dollars. once the limit is reached its time the beneficiaries of those profits give back to the society that actually sacraficed and produced those profits. and he was right. we need profit limits. its damned time the rich give back to the people, the employees and consumers who made them rich. no rich american ever became poor through taxation. but the lower classes often lose their homes from unaffordable propertry taxes. and since the rich are major recipients of govt welfare they benefit from the taxes they pay. they benefit much more from the taxes they pay than the lower classes benefit from the taxes they pay. but fair taxes are essential in a capitalist economy. (taxes aren't needed in a socialist economy.) under capitalism its fair taxatiuon that builds and sustains a nation's infrastructure. its taxes that make society function. taxes are the glue that hold society together. but with unfair taxation the tax burden falls to the people who can least afford it. taxes are missappropriated, fraud is rampant, the infrastructure crumbles and we all, except the rich, suffer. the latter is the reality of today.
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@frederickwelham3829 ... wal-mart is infamous for this. employees have exposed how wal-mart, during orientaion, teaches their employees how to file for food stamps and medicaid. the walton family is one of the richest families in history. this is how they got that way; through fraud, theft and exploitation. this is just one way taxpayers subsidize the mega-wealth of the super rich. the wealth of the rich isn't earned and never has been. its the result of exploitation of the social safety nets, the consumers and employees. its called "capitalism." this is how capitalism is supposed to work. all social privileges and advantages go to the rich. the rest of us must fight each other over the scraps our elite rulers throw our way.
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@garrettfish8471 ... no, marx didn't say that. according to marx, communism is the FINAL stage of socialism. the result of the govt "withering away." socialism is communism WITH govt. communism is socialism when it reaches the point where govt is no longer needed. it just "withers away." marx was wrong about this. giving even more power to the state doesn't encourage it to dissolve. the state, like corporations, will never voluntarily relinquish its power and control over its subjects. we now have a corporate state that's proving this everyday.
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@garrettfish8471 ... my point is, what you wrote isn't fact. marx and engels, although good friends, wrote one thing together - "the communist manifesto." it wasn't a book but a pamplet. marx wrote "das kapital" on his own. neither of them ever said socialism and communism were interchangeable. they made the distinction just as i described. its the fascists who commonly use the words interchangeably. but many on the left do too, now. "democratic socialists" commonly reject communism as their final goal. and many communists wish to skip socialism altogether. they're called "anarchists." furthermore, there was nothing sinister or predatory in the characters of engels or marx. they both wished only to better the human condition and end capitalist slavery. they weren't perfect but they weren't evil or corrupt either. they had integrity and practiced the highest level of ethics. its the fascists who demonize these men. one last thing - "autoritarian socialism" or "authoritarian communism" doesn't exist. both are anti-authoritarian in intent and practice. stalin, the soviets nor the chinese have ever been socialist or communist. they've been fascist/capitalist since their inception and continue to be to this day, just like the u. s. this is something both the right and left often get wrong.
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@garrettfish8471 ... no, you don't know. you're just perpetuating fascist lies. now, i've corrected your lies. buh-bye.
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