THE MANTRA NEVER stops. The liberal left and their progressive friends fail to acknowledge why the rich should expect to get richer when the economy grows. Any tax cut will naturally benefit the top 10%. That doesn’t mean the wealthy should avoid paying their fair share of taxes.

While IRS data shows the top 10% of earners pay more than 71% of all federal taxes on income, that doesn’t justify a new tax code that the Tax Policy Center says will give about 80% of the benefits to the richest 2% of households.

It gets annoying when leading Democrats like Sen. Chuck Schumer, Sen. Bernie Sanders, Rep. Nancy Pelosi, “extremist” economist Paul Krugman and “class warfare protagonist” Professor Robert Reich demonize successful people. Successful people are not villains, and should be revered and respected.

If life was made ideal, some people would still feel cheated and discriminated against. It’s human nature.

Former Texas Sen. Phil Gramm recently pointed out that visionary men and women like Henry Ford, Andrew Carnegie, Thomas Edison, John Rockefeller, Sam Walton, Warren Buffett, Oprah Winfrey, Jeff Bezos, Mark Zuckerburg and Bill Gates made enormous amounts of wealth producing goods and services people chose to buy.

It’s important to note that millions and millions of investors and shareholders also enriched themselves at the same time. Hundreds of millions of people live better lives today because of these and many other entrepreneurs.

Keep in mind, U.S. markets have added $6 trillion in value since the 2016 election. That has benefited 50 million American workers who have retirement accounts.

Reich sees every attempt to fix bloated government programs as a scheme to transfer wealth from the poor to the richest Americans. To him, the definition of wealthy Americans is anyone earning more than $100,000 per year.

Gramm cited a study on distribution of the tax burden among nations conducted by the Organisation for Economic Co-operation and Development. It covered all forms of taxes on income, including social insurance, and state and local taxes.

The study found that the top 10% of earners in the United States paid more than 45%. In Sweden, the top 10% of earners paid less than 27%; in France, less than 25%. Since Sweden and France have large value-added taxes, a regressive levy, their top 10% of earners bear an even smaller share of the total tax burden.

Here’s how our system works. If every American citizen more than the age of 20 in the bottom 70% of income was given $25,000 to save or spend as they saw fit, just about every one of them would spend it. That would be a good thing for the economy.

Chances are they would spend their $25,000 bonus money within three months of receiving it. By that time, nearly all of those people would be back to square one. Instead of cash, they’d have a new car, new appliances or furniture, a remodeled kitchen or bathroom, some would have taken a vacation, paid down a previous loan or purchased any of a hundred other goods or services.

That $25,000 would have changed hands four or five times in their community, multiplying the effect. Chances are individuals in the top 30%, and more likely, people in the top 5%, would have a lion’s share of the money.

That’s because they produce, build, make or sell the products and services. They also are the ones who create the jobs and employ the middle-class workforce. With their newfound wealth and after paying their taxes, they will reinvest in their businesses and communities.

A Federal Reserve report issued in September said the net worth of U.S. households and nonprofits, defined as the total of all assets minus all liabilities, rose to $96.2 trillion in the second quarter of 2017 while total household liabilities rose to a modest $15.2 trillion.



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SOME PEOPLE believe Medicare and Medicaid For All are the answers to all health-care problems in the United States. Those programs are a godsend to those in need, until the bills start rolling in to the government.

The Kaiser Family Foundation Health News reported that more than one in five U.S. citizens rely on Medicaid for health care. Some beneficiaries are temporary and others are life-long recipients.

Medicaid started as a plan to cover only the poor. It now touches tens of millions of Americans who live above the poverty line. For many of those people, they can’t afford or qualify for Obamacare, so Medicaid is the backstop for the health-care system.

Medicaid has grown in to the nation’s largest health insurance program, covering 74 million people. Kaiser Health News said 25% of Americans will be on Medicaid at some point in their lives. Millions of people are just a pink slip away from being eligible.

For health care, 39% of all children depend on Medicaid. Services paid for through Medicaid include nearly half of all births in the country, 60% of nursing home and other long-term care expenses, more than one-quarter of all spending on mental-health services and more than a fifth of all spending on substance-abuse treatments.

Medicaid has grown so fast, helping needy children and the disabled that states have had to cut spending efforts to pay for other necessary public services, such as education and road repair.

Beneficiaries include the elderly, disabled, and children with physical and mental disabilities. The Kaiser report said about 24 million beneficiaries are adults younger than the age of 65 who earn too little to afford health insurance. About 60% of nondisabled adult enrollees do have a job or are caregivers.