A Quote by David Frum
The big winners under the American fiscal system are the rich, who pay some of the lowest taxes anywhere in the world; the old, who are the main beneficiaries of the American social service state; farmers, rural people. These are Republican constituencies.
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When you say the tax system benefits the rich, there are a lot of people who respond, "That can't be true, look at the rate of tax. The people who are rich pay a higher rate than you or I." Well, yeah, but if you don't have to pay taxes on a lot of your income, then your real tax rate is a lot lower. And if you're allowed to pay your taxes thirty years from now instead of today then you're a lot better off. People need to have a sophisticated understanding of how the system works to appreciate that the posted tax rate really has very little to do with the taxes people pay.
Politicians like to talk about the income tax when they talk about overtaxing the rich, but the income tax is just one part of the total tax system. There are sales taxes, Medicare taxes, social security taxes, unemployment taxes, gasoline taxes, excise taxes - and when you add up all of those taxes [many of which are quite regressive], and then you look at how they affect the rich and the poor, you essentially end up with a system in which the best off 20 percent of Americans pay one percentage point more of their income than the worst off 20 percent of Americans.
Rich people don't pay taxes? Of course they pay taxes - they pay tons in taxes. They pay for everyone else who doesn't pay taxes.
The American people want to raise the minimum wage. Every poll tells us that. That bill will not get to the floor of the Senate. The American people want to ask the rich to pay more in taxes. But the legislation that will get to the floor is tax breaks for billionaires.
I am between the Tories and the Lib Dems. I am fiscally conservative. I'm for strong foreign policy, but socially very liberal. I am not religious. That makes me feel uncomfortable with American Republicans. I don't feel at home anywhere, really. Labour under Tony Blair was not something I would associate myself with, but I didn't have a big problem with it. I have to make a choice between fiscal and the role of the state and social freedom.
All roads lead to 'American Pie.' 'As American as apple pie' was the saying. It was some kind of a big American song that I wanted to write, which would be a conclusion for my show and bring all the songs home, which it still does. I can go anywhere I want with American music and come home to that. And it all makes sense.
By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
American businesses and upper incomes pay a larger portion of the federal taxes of our national taxes than any country in the world.
The genius of the American Founders was to create an intricate system of balanced powers both within the state and between state and society - a system that has fostered unprecedented political, social, and intellectual freedom.
According to the Tax Foundation, the average American worker works 127 days of the year just to pay his taxes. That means that government owns 36 percent of the average American's output-which is more than feudal serfs owed the robber barons. That 36 percent is more than the average American spends on food, clothing and housing. In other words, if it were not for taxes, the average American's living standard would at least double.
Most people just aren't clear-eyed about the rural South. We think that the urban centers are the problem, and the rural areas across the country are idyllic, suffused with good old American values, social values, religious values, moral values. It's what we tell ourselves to keep this political power structure in place, and it's what we see in pop culture, too.
While American taxes pay for much of the research and development that goes into creating the new, life-saving drugs, American consumers continue to subsidize the cost of the drugs for consumers across the world.
I think there's a pride of what a real American can be. I mean, I'm a transplant, but I've got American kids and an American wife, and when I go back to England I feel more like an American, the way I look at the world, is more from an American perspective at this point. I've traveled every state 30 or 40 times, and have met an amazing array of people, and I have found Americans to be among the most kind and tolerant people I have ever met.
I see little hope for a nation that values the health of its livestock more than that of its people....Farmers are not criticized for routinely giving their (live)stock nutritional supplements....superior to any sold for humans...Millions of families could plant home gardens if they truly wanted health. Refined food are practically unknown in Russia. The life expectancy of the 40-year-old American is near the lowest in the world.
That's why I'm very proud of being American. I'm proud to pay taxes. I pay a lot of taxes, but it sure beats the alternative.
Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.
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