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This was always obvious, it's just always the case. The middle class is governments tax cash cow. Expanding it by bringing up the poorest is great, but once y
by psychphysic 3y ago
This was always obvious, it's just always the case.
The middle class is governments tax cash cow.
Expanding it by bringing up the poorest is great, but once you see it's just to make that cash cow juicier it can leave you very cynical.
- AnimalMuppet 3y agoWhy does it make you cynical? If you can bring up the poor (especially the poorest) to make them middle class, their incremental tax rate at that point is still much less than 100%. They're still far better off. Am I supposed to be bothered that the government gets more money when they succeed at doing this? No, I will not be bothered by that. I only wish they could have 10 times the success that they have had. If that gives them 10 times the extra money, that's fine. I'll take that state of affairs, gladly.
- landoftheice 3y ago[dead]
- psychphysic 3y agoThe cynicism is that it's designed to keep the elites on top while the poor and middle class go round and round on a hamster wheel.