Originally Posted by bhunter
Yes, on the margin a dollar is worth significantly more to the poor than the rich. Where a flat tax rate certainly has a feeling of being just, it inherently hurts those in poverty more than the wealthy. Transferring all tax liability to individuals and away from corporations would give corporation incentive to keep employment here and keep more money expanding the company IMHO. That said, the highest tax rate should be 15-20% and the government's size ought reflect that constraint.
I actually agree 100%. The cuts in government have to come from all areas of government. military spending is out of control. We can easily do what the founding fathers wanted with some modifications. No standing army.
They like Eisenhower were worried about a military state or a military industrial complex cropping up. Well, it has happened. Just fly out of Reagan international and look at the hundreds, if not thousands, of million dollar mansions owned by weapons contractor lobbyist.
We also have to get control of the too big to fail banks. They play with our money and when things go into the dumpster they get bailed out; we don't.
We need an overhaul for this country.