Reply #2: Typical conservative claptrap. [View All]

[trotsky]

The facts are wrong, the reasoning is wrong, it's wrong wrong wrong.

A middle-class couple making $150,000.00 a year, (a high school teacher married to a big city cop each with twenty years experience could qualify), will have to pay approximately 30% of their income--$45,000.00--to the government.

1) A teacher and a cop together would make $150,000?!?!? Where does he live that pays its public servants so well?
2) 30% of their income? NOPE. Nobody pays 30% of their income to the feds. Just doesn't happen. See: progressive graduated income tax system.

With this money, they could buy a new car. They could buy a boat. They could put a down payment on a home or even a summer home. They could deposit the money in a bank account. They could purchase stocks. Doing any of those things would improve the quality of their lives. Conservatives believe that it is a fundamental right of theirs to do so.

And the money they DO pay to the government makes sure that:
1) They will be buying a car that has to meet safety and mileage standards, built by trained workers and manufactured under adequate conditions.
2) The home they buy will be financed by a company that is regulated by that same evil government to make sure they don't change the interest rate on them willy-nilly, or sell the mortage to someone else who will.
3) The bank account is also insured by the government, so in case their bank does something really stupid (like blow their money on rotten investments), they'll still have it! Gosh, what a deal!
4) Those stocks are in companies that also have to responsibly represent their earnings and financial condition - thanks to that same big evil government!

Man I just can't imagine living in the dreamworld that conservatives inhabit. Must be wonderful.