J
JamesD
Guest
Hi jlw,
Here are my thoughts regarding your interesting thoughts and observations.
PART 1
jlw:
jlw:
I personally think that most of the tax cuts are a good and moral thing. I do have some reservations. I really am suspicious of the attempts to eliminate the cap gains and dividend taxes. This it seems to me is a gift to the wealthy. I believe that the benefits to the economy (common good) could be acheived in some different ways.
The depiction of fareness of these cuts is questionable when the alternative minimum tax is hurting so many middle class folks and the most regressive tax (social security tax) is excessive as it is being used for general gov spending and not SS.
Here are my thoughts regarding your interesting thoughts and observations.
PART 1
In general I agree. Ownership encourages responsibility. However, I am not so sure about what you mean about the common good. If you mean that allowing private ownership contributes to the common good I agree. If you are saying that an individual or family that has ownership of money or property makes them more interested in or dedicated to common good I am not so sure. The person with property may feel that the common good (as someone else defines it) might be harmfull to the value of their property. For ex. opposing a local shelter, road, or a power plant.When I read subsidiarity, I, for some reason, associate the word with ownership. Sharecropping farmers, for example. Ownership implies self-sufficiency and automatically thrusts the person (or family) into the need to be responsible. It creates a “at-stake-ness” for the common good.
DOn’t know if these are more catholic than protestant. I think there is enough diversity of protestant denominations that you could probably find an almost perfect fit for some protestent denomination.I think Bush is more Catholic than protestant. He cut taxes across to board, took the lowest tax bracket OFF the taxrolls, he doubled the child tax credits (profamily, prolife), He thinks church organizations are beter suited for helping society than government. He wants to create a “ownership society”. Yes, Yes, his policies are profitable to big corporations and overpaid CEOs on Wall Street. BUT, he is a big advocate of small businesses!! The tax cuts were great for home businesses, too! He wants insurance to be more affordable for small businesses by allowing them to come together to afford insurance rates the big dogs get. Ownership over private medical accounts. Ownership over a portion of your social security investment.
I personally think that most of the tax cuts are a good and moral thing. I do have some reservations. I really am suspicious of the attempts to eliminate the cap gains and dividend taxes. This it seems to me is a gift to the wealthy. I believe that the benefits to the economy (common good) could be acheived in some different ways.
The depiction of fareness of these cuts is questionable when the alternative minimum tax is hurting so many middle class folks and the most regressive tax (social security tax) is excessive as it is being used for general gov spending and not SS.