2012-01-24, 11:49 AM
DrRusty Wrote:Well, lets see what we got here.
The first article is about his foreign aid policy and that poor people do not pay for foreign aid. The rich pay for foreign aid, while poor people's tax money is given back to them (for the most part) and the middle class pays for stuff like social security. I find that to be highly idiotic. Every penny sent over (no matter who sent it) is less money that we have to work on our own country. Not to mention (according to this article) a large portion (around 75%) of the money sent over, ends up in the hands of people in that country who are already rich.
...I'm just going to correct this one as I don't have the patience to do 3 other articles.
article Wrote:Foreign aid is funded out of federal taxes. I'm not sure who Ron Paul would consider "poor", but the lower 40% of households in America pay no net federal income tax.
In other words foreign aid is paid by federal taxes which you file at the end of the year. You give the federal government money or you get money back, for those instances where money is given a portion of it goes to foreign aid. Half the problem the USA isn't recovering is because the government can't control spending. It's like a child in toys r us with funds from his paper route, and trying to buy a whole store.
None the less it's a common fact that majority of the country does not pay towards taxes as so many deductions are available to bring your income to a non-taxable amount. Mainly it's credits, EIC, Poverty, standard deductions, amounts put into your investments ect ect.
He wants to completely remove income taxes, which is majority of the governments pay, (although I don't necessarily disagree as it is unconstuitional to charge income tax), but it comes back to supporting the poor and draining the middle class. From my understanding, Ron paul is no different in Obama of the socialist fear. He wants to hit the richer harder (as they don't pay much tax either) and help the poor more.
Sounds great right? Helping the needy, taxing the scammers! What is wrong with this!? Middle class. Where's the line where someone like my father at 150k a year, considered rich, and when he's considered poor. Typically what happens is the middle class takes on the burden that people who make 10x their income, it's unproportional, while the subordinates could possibly be making more in net income than my father just because he's not considered "Upper middle class".
The united states is divided between the rich and the poor, the middle class is falling apart and that balance is going to devastate a lot of well off families. Based on ron paul's "legislation" he wants to continue to dissolve the middle class and sort them out appropriately, disportional or not.