Glen Contrarian
DP Veteran
- Joined
- Jun 21, 2013
- Messages
- 17,688
- Reaction score
- 8,046
- Gender
- Male
- Political Leaning
- Progressive
I'm no fan of Al Sharpton, but he got it right when he said, ""I first heard it when Ronald Reagan went in, 1980. We in the twenty-first century. How long are we gonna wait for the trickle? I mean we been waiting, and waiting, and waiting. It never got down to us. Thirty years later, we got the down, but we never got the trickle."
Back in 1932, Will Rogers pointed out why this is: "The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow’s hands.”
That's what those who support extremely low taxes don't get - the rich aren't going to hurt either way...but when taxes are higher and those taxes are used to build our nation's infrastructure in everything from education to roads to electrical grids to helping the sick and disadvantaged, the people become better off, and the nation becomes stronger as a whole...and as Will Rogers pointed out, the people will have the money again soon enough anyway - but at least it will have passed through the poor fellow's hands.
Back in 1932, Will Rogers pointed out why this is: "The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow’s hands.”
That's what those who support extremely low taxes don't get - the rich aren't going to hurt either way...but when taxes are higher and those taxes are used to build our nation's infrastructure in everything from education to roads to electrical grids to helping the sick and disadvantaged, the people become better off, and the nation becomes stronger as a whole...and as Will Rogers pointed out, the people will have the money again soon enough anyway - but at least it will have passed through the poor fellow's hands.