Battle of Wisconsin

[Aramike]

yes, states are running out of money, but for the wrong reasons. Taxpayers are losing shares of the wealth and income. where there used to be more taxes to be had because more people spread out had more money, now the tax base has dried up.

Gimpy, I'm sorry to have to say it like this, but that's simply absurd - because it makes no sense.

The reason states are running out of money is simple: spending is outpacing growth. It has nothing to do with the distribution of weath. IN FACT, concentrating wealth into a higher tax bracket would have the opposite effect of what you're stating. A billion dollars of income spread out over 25,000 middle class taxpayers would actually yield LESS revenue than it being concentrated into the upper tax brackets. Why? Because that same sum is being taxed at a much higher rate.

One COULD argue that more income spread out over the middle class would yield higher sales tax revenues, yet states aren't going broke because of sales taxes, as most states derive revenue from INCOME, while municipalities derive receive the benefits of sales taxes.

In other words, that's an old liberal argument that most liberals are content to repeat but never analyze. You can argue about the merits of a greater separation between the rich and the poor, but when it comes to state revenues, it's not related.

Unfortunately, I feel as if its being shifted upon the middle class most of the burden of these recovery bills. Why? because money wins again.

Which recovery bill is that? Because most recovery bills actually remove some of the burden FROM the middle class by requiring the SMALL percentage of middle class to actually contribute at a more mainstream rate (which is STILL better than what most of the middle class has to deal with).

Or are "ultra-liberal-union middle-class" more "middle class" than the rest of that classification, who are in the VAST majority?

Call t unfair or whatever, But if you need water from a sponge, it makes sense to get some out of the saturated one before you go try to wring the last few little drops out of the one thats only damp at best.

Interesting analogy.

In any case, the saturated sponge here are public employees, whereas the damp one is the rest of us.

You do know that you cannot tax money that has ALREADY been taxed as income, right? That's confiscation. And what happens when you raise taxes on high end incomes and they simply leave the state? So you went from 30% to 45% in income tax revenue. Now that person/business leaves to a more friendly tax environment. Now you just went from 45% to 0% revenue.

Good work. Now the middle class has to pay even more.

PS: Nice pic, gimpy. Now please explain to me why the far left can't use logic and numbers to illustrate their points but ONLY use bumpersticker slogans and 3 line sarcasm?