CEOs who receive billions in subsidies want to keep their subsidies, but cut Social Security and other welfare programs.

[MrFun]

I agree that if we're going to bother with the minimum wage, it should be indexed for inflation.

Holy ****!

[Ben Kenobi]

Without minimum wage, we would see a skyrocketing number of workers go onto welfare.

Actually, we'd see people come off of welfare as they would actually have a job.

[Dinner]

Of course not. As a homeowner you'd rather see people who don't own homes pay higher taxes to make up for the revenue shortfall.

I agree it should be capped as there is no reason to give tax breaks to people buying multi million dollar homes but, yes, the deduction helps most middle class families so it should remain in some form. Kill or cap the charitable contribution as that won't make people homeless while removing the mortgage interest deduction very well could push some people over the edge. I would also like to see the tens if not hundreds of billions in corporate welfare disappear. They can justify their continued existence based on market demand or die.

[DinoDoc]

I would also like to see the tens if not hundreds of billions in corporate welfare disappear.

Why do you insist on keeping the mortgage deduction again?

[MrFun]

Actually, we'd see people come off of welfare as they would actually have a job.

You don't get it. There are WORKING poor who still have to rely on welfare in order to live. A job does not necessarily get a person off of welfare.

[giblets]

I agree it should be capped as there is no reason to give tax breaks to people buying multi million dollar homes but, yes, the deduction helps most middle class families so it should remain in some form. Kill or cap the charitable contribution as that won't make people homeless while removing the mortgage interest deduction very well could push some people over the edge. I would also like to see the tens if not hundreds of billions in corporate welfare disappear. They can justify their continued existence based on market demand or die.

Why would you consider this deduction to be a better way to help middle class families than just lowering their tax rates?

[Ben Kenobi]

You don't get it. There are WORKING poor who still have to rely on welfare in order to live. A job does not necessarily get a person off of welfare.

As one of those working poor - those on welfare make more than I do in a year. Easily. Can I live on what I make? Sure. So I surmise that one can live quite well on minimum wage.

[rah]

As one of those working poor - those on welfare make more than I do in a year. Easily. Can I live on what I make? Sure. So I surmise that one can live quite well on minimum wage.

We'll see if you ever get married and start a family if you can say the same thing.

[DinoDoc]

We'll see if you ever get married and start a family if you can say the same thing.

Minimum wage is supposed to be an entry level job, not a way of life.

[Imran Siddiqui]

As for 1921 - I'm distracted by the massive spike and subsequent drop by Wilson.

So basically you are lying again about how the response to the Depression of 1920 was dealt with cutting government spending. Interestingly enough it seems that perhaps the drop by Wilson was responsible for the Depression - you take away that much spending at once and it is bound to cause a shock to the system.

[Imran Siddiqui]

As one of those working poor - those on welfare make more than I do in a year. Easily.

Holy crap, you must have a super crappy job if you are making less than folks on welfare make (which isn't that much at all).

[Ben Kenobi]

Holy crap, you must have a super crappy job if you are making less than folks on welfare make (which isn't that much at all).

Folks on welfare make more than anybody under 30k a year before taxes.

[Ben Kenobi]

So basically you are lying again about how the response to the Depression of 1920 was dealt with cutting government spending. Interestingly enough it seems that perhaps the drop by Wilson was responsible for the Depression - you take away that much spending at once and it is bound to cause a shock to the system.

Spending went massively up in 1918, and 1919. Then it dropped substantially, the recession ended by 1922, and government spending was reduced by half. Yep, sure seeing how cutting government spending worked poorly for Coolidge. This is the standard example in the econ textbook, btw Imran.

[Ben Kenobi]

We'll see if you ever get married and start a family if you can say the same thing.

Gosh, maybe that's why I'm waiting. Isn't that the responsible thing. I suppose I could get married - go on welfare and live off Obama's largesse.

[Imran Siddiqui]

Your pants are on such fire, I'm surprised you can move so quickly to move those goalposts.