Fireside conversation about economics, with a drunk conservative sympathizer

Sitting at the pub last night when a friend introduces a Twitter n00b to me. I honestly don't remember how an introduction turned political, but somehow it did. The young girl tells me that she likes what the Democrats do for us socially, but likes the Republican's economical policies much more. To which I had to reply that the only Republican economical policy is "Screw you all!"

She wanted to explain her argument to me, which I was happy to listen to, yet warned her that she can tell me why she feels that way only for me to prove everything she says is wrong. She had a look of surprise, but wanted to justify her position.

"Did you know that 1% of citizens pay 40% of all taxes? Do you really believe that is fair? As most of those people are small business owners who are struggling to survive right now."

She made this too easy on me. First, I asked her if she had any concept of what those top 1% make. She replied that her parents were in that number, clarifying that her parents were wealthy, she was not. So I asked her if her parents made more than $40,000 per day, why does she work, and further, why is she drinking Bud Light in a place like this. If her parents were in that top 1% they would make more than the average person's annual salary each day. Therefore, why would she work at all when her parents could hand her two days worth of pay and have her rolling in cash. 

Further, does she understand that the statement "pays 40% of the taxes" doesn't mean paying 40% taxes on their income. The real number is about 22% for these people. Let's do the math, and that means your parents make at least $10,000,000 annually, we're rounding down for simplicity. 22% would be 2,200,000 in taxes. Leaving them with only a measly $7,800,000 in their pocket, which is more than 150 times what the average American earns. (It's actually 177 based on these numbers, but I didn't break out the calculator right there).

So it takes 150 or more average Americans to pay the same amount of taxes that the top 1% do. Further, that is personal income tax you're talking about, which doesn't mean the total taxes collected in the country. So of course those who are extremely wealthy pay a greater share, the average person does not make anywhere near the amount of money so how could they contribute more? But the real point is this, you and your family do not benefit from Republican economics. Actually, you are worse off than you should be. You've been poisoned with lies to convince you to vote against your best interests by a power-hungry mob who despise the social good which you say you like. My only question to you now is, shouldn't it be time to talk to your parents about real economics and beg them to stop supporting and propagating this ridiculous mentality?

This is what is wrong with our nation today. Average people with modest lifestyles have been convinced to follow a system that hurts them. Sensationalism gets all the attention and people fall for it because very few of us are happy with our incomes and lifestyle. But the way to make things better is not by following the myths of tax breaks. Tax cuts can put maybe a thousand dollars in our pockets annually, when we are spending more than that each month in interest & insurance costs alone. So what would truly enhance your life? A measly tax cut, or health care reform that could save each of us $1000 per month?