Quote:
Originally Posted by woj
they probably can pay the 1%, but why can't everyone pay 1%? At least that way everyone will have a skin in the game, so there will be some motivation to find better ways to fix the problem, instead of just temporarily fixing it by having someone else pay for it... 
no one is going to get effected by 1% increase, rich or poor, lets not kid ourselves... 1% increase to middle class will mean they will have to cancel HBO or get a new ipad every 2 years instead of every year.... |
Why can't everyone pay the 1%? Because someone making $38k a year can't afford it.
My kid had a sports event out of town yesterday. Last moment two parents tried to pull out saying they couldn't afford it. You figure $60 of gas, $30 for two adults to attend, another $75 in food (figure lunch and dinner for three in a stadium where hot dogs are $6 each), then a $20 shirt for their kid.... That's nearly $200, and too rich for some people to spend on a Saturday afternoon. (My wife and I ended taking both kids and paying for everything.)
What Minte doesn't get is that a 3% tax increase for him means he still gets to go to Hawaii for vacation, and he still will be able to afford that $600 oil change for his $200k car. On the other hand, a 1% tax increase will hurt the guy who sweeps the floors at Minte's plant. He won't be able to afford a new Kia for his daily transportation, and surely won't be able to send his kid to college.