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04-14-2025 11:20 AM |
Low Imcome No Skin in the Game
Quote:
Originally Posted by jimjamuser
(Post 2424305)
The national debt over recent years is because MONEY OUT (from all expenses) exceeds the MONEY IN (from taxes). That is a simplification. The problem is that since about 1990 the tax brackets have favored the top 10% not the middle class. ANY country without a STRONG middle class is going to end up in a DICTATORSHIP. The tax bracket manipulation since 1990 should concern every AMERICAN, but most are unaware.
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Everyone needs to pay taxes, not just the rich. If everyone had skin in the game there would be a lot less debt and a lot more reasons to work at ambition.
I’m looking forward to American advances in manufacturing though. Not only will companies have a lot less shipping time on needed parts (6 weeks when shipped from China), but the country will feel a whole lot more unified.
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