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Reality check on the right-wing panic over a proposed unrealized capital gains tax Login/Join 
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Well laws can be changed through a due process starting w an election.

Taxing the value of stock over 100 million is a good start and better than where we are.

I hope VO Harris wins and this policy position of her’s becomes legislation.
 
Posts: 12877 | Location: Somewhere above Tennessee and below Kentucky  | Registered: 31 July 2016Reply With Quote
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quote:
Originally posted by crbutler:
A fair wage is fundamentally related to the productivity of the job, not some nebulous concept of what will make your life acceptable.

If a job produces too little to pay for itself, then a person isn’t going to hire you to do it.

If you produce enough to make paying you financially possible, then it’s more a negotiation about how much you should keep vs the employer keep. Since the outlawing of slavery, you have the option of leaving. All minimum wage laws do is set a governmentally arbitrary decision as to what the lowest possible point negotiations start at and what business can afford.

Basic economics.


That all sounds great as an ivory tower theory. But what do you tell someone who has to hold two jobs to scrape by?
 
Posts: 7165 | Location: Coeur d' Alene, Idaho, USA | Registered: 08 March 2013Reply With Quote
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quote:
Originally posted by LHeym500:
Well laws can be changed through a due process starting w an election.

Taxing the value of stock over 100 million is a good start and better than where we are.

I hope VO Harris wins and this policy position of her’s becomes legislation.


Well at least anyone who was on the fence about you being a progressive liberal can get off and hopefully keep from wearing a hole in the butt of their Wranglers.

But working for the government…got to do something to get that revenue up. barf


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
J. Lane Easter, DVM

A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House

No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991.
 
Posts: 38695 | Location: Gainesville, TX | Registered: 24 December 2006Reply With Quote
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quote:
Originally posted by ledvm:
So-called “tax shelters” exist due to laws. These laws were created to incentivize certain economic practices by citizenry. Those economic practices were thought to have a positive effect on economic health of the nation. They were not just created as “tax shelters” for the wealthy. 2020


You are painting with a mighty broad brush Lane. Some of our legislation was indeed created solely to provide tax shelters for the wealthy, certainly not all of it. At the same time, it is hard to deny that lobbyist have influenced our legislation in a way that favors the wealthy. You are not incorrect that some legislation is created to incentivize investment, but not all of it, some our legislation was designed push the tax burden on to the working class. That is why the rate the top tax bracket pays was reduced by nearly 50%, which has resulted in an increased wealth gap and contributed to out out of control deficit.
 
Posts: 1520 | Location: Boulder mountains | Registered: 09 February 2024Reply With Quote
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If you raise their wage past what the job reasonably produces, are they better off without a job?

My usual recommendation would be to avail yourself of the various vocational training that is available in your community and get a better job.

A HVAC or plumbing apprentice or journeyman electrician has a sellers market in most areas and makes a decent living.

You shouldn’t expect a living wage working 30 hours a week at a fast food place…

If all you can do is entry level work, then I suppose you qualify for the safety net, presumably you have some significant disability there.

And yes, I prefer we incentivize working for the marginal folks.

Where I work we have a bunch of folks who are doing sheltered workspace type jobs. That’s a good thing.
 
Posts: 11331 | Location: Minnesota USA | Registered: 15 June 2007Reply With Quote
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quote:
Originally posted by ledvm:
got to do something to get that revenue up. barf


34 trillion is the current debt, we pay more in interest than for defense. Revenue needs to increase, it is simple math.
 
Posts: 1520 | Location: Boulder mountains | Registered: 09 February 2024Reply With Quote
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quote:
Originally posted by Steve Bertram:
quote:
Originally posted by ledvm:
got to do something to get that revenue up. barf


34 trillion is the current debt, we pay more in interest than for defense. Revenue needs to increase, it is simple math.


I didn’t spend it. Wink


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
J. Lane Easter, DVM

A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House

No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991.
 
Posts: 38695 | Location: Gainesville, TX | Registered: 24 December 2006Reply With Quote
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quote:
Originally posted by Steve Bertram:
quote:
Originally posted by ledvm:
So-called “tax shelters” exist due to laws. These laws were created to incentivize certain economic practices by citizenry. Those economic practices were thought to have a positive effect on economic health of the nation. They were not just created as “tax shelters” for the wealthy. 2020


You are painting with a mighty broad brush Lane. Some of our legislation was indeed created solely to provide tax shelters for the wealthy, certainly not all of it. At the same time, it is hard to deny that lobbyist have influenced our legislation in a way that favors the wealthy. You are not incorrect that some legislation is created to incentivize investment, but not all of it, some our legislation was designed push the tax burden on to the working class. That is why the rate the top tax bracket pays was reduced by nearly 50%, which has resulted in an increased wealth gap and contributed to out out of control deficit.


No legislation was passed with the sole intention of tax shelter for the wealthy. Roll Eyes


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
J. Lane Easter, DVM

A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House

No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991.
 
Posts: 38695 | Location: Gainesville, TX | Registered: 24 December 2006Reply With Quote
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posted Hide Post
quote:
Originally posted by ledvm:
quote:
Originally posted by Steve Bertram:
quote:
Originally posted by ledvm:
got to do something to get that revenue up. barf


34 trillion is the current debt, we pay more in interest than for defense. Revenue needs to increase, it is simple math.


I didn’t spend it. Wink


Me either! And I'm not promising to spend more to get elected....

CUT SPENDING!!!!

Typical leftist thinking, before anything we have to raise taxes....not cut stupid spending.....

.
 
Posts: 42587 | Location: Crosby and Barksdale, Texas | Registered: 18 September 2006Reply With Quote
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Doc

You have left out a lit of other important factors.

The system is already rigged in favor of the top 1%. So they set the rules of preventing collective bargaining, fair tax rates etc.

Paying substandard wages AND less taxes is the double whammy. Scholars have established that such criminal oligarchy is worse than slavery.



quote:
Originally posted by crbutler:
A fair wage is fundamentally related to the productivity of the job, not some nebulous concept of what will make your life acceptable.

If a job produces too little to pay for itself, then a person isn’t going to hire you to do it.

If you produce enough to make paying you financially possible, then it’s more a negotiation about how much you should keep vs the employer keep. Since the outlawing of slavery, you have the option of leaving. All minimum wage laws do is set a governmentally arbitrary decision as to what the lowest possible point negotiations start at and what business can afford.

Basic economics.


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11422 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
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Try and sell that to your GOP MAGA goons in lala land. Try and tell them that the laws suggested by Project 2025 are by the people and not the rich.



quote:
Originally posted by jeffeosso:
quote:
Originally posted by
The rich make the rules.


Perhaps on India but in the US 540 elected officials make the rules. It's pretty simple, one would think even a person with zero direct knowledge of the process could understand with a little coaching.


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11422 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
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No, the system has some inequities in it that favor SOME of the top 1%. Strangely, most of them are/favor democrats if you listen to the news and look at political contribution lists.

One point re investment income is that you either paid income tax on the original investment or you paid inheritance tax on the same. Yes there are a few folks who found a way around it, but fundamentally its double taxation.

As to fair collective bargaining, until you have had your family threatened by union activists and a dead horse head left on your front doorstep, you are not in a position to lecture me on how one sided the system is. (My grandfather)

For that matter, have you had to work double shifts outside your area of responsibility because of a strike? I have, thus you are not going to convince me how "one sided" the system is.

Sorry, having to pay excessively high rates when over half don't pay at all is not "fair tax rates".

I also doubt that there is any creditable research that shows that the US system is worse than slavery, and in fact with many of my ancestors killed in the civil war fighting for the union, I find your insinuation, well, insulting.


quote:
Originally posted by Nakihunter:
Doc

You have left out a lit of other important factors.

The system is already rigged in favor of the top 1%. So they set the rules of preventing collective bargaining, fair tax rates etc.

Paying substandard wages AND less taxes is the double whammy. Scholars have established that such criminal oligarchy is worse than slavery.



quote:
Originally posted by crbutler:
A fair wage is fundamentally related to the productivity of the job, not some nebulous concept of what will make your life acceptable.

If a job produces too little to pay for itself, then a person isn’t going to hire you to do it.

If you produce enough to make paying you financially possible, then it’s more a negotiation about how much you should keep vs the employer keep. Since the outlawing of slavery, you have the option of leaving. All minimum wage laws do is set a governmentally arbitrary decision as to what the lowest possible point negotiations start at and what business can afford.

Basic economics.
 
Posts: 11331 | Location: Minnesota USA | Registered: 15 June 2007Reply With Quote
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I've got an experiment for you and I don't want you to do it because I'm old and don't have a lot of time, but assuming no one has to die, let's run this experiment:

1. Redistribute the wealth equally to everyone. Take from the rich and give every penny to the poor such that everyone in the planet has the exact same amount of money.

2.Check back 20 years later and the same people will be rich and same people will be poor.

Wanna bet?
 
Posts: 10628 | Location: Houston, Texas | Registered: 26 December 2005Reply With Quote
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quote:
Originally posted by lavaca:
I've got an experiment for you and I don't want you to do it because I'm old and don't have a lot of time, but assuming no one has to die, let's run this experiment:

1. Redistribute the wealth equally to everyone. Take from the rich and give every penny to the poor such that everyone in the planet has the exact same amount of money.

2.Check back 20 years later and the same people will be rich and same people will be poor.

Wanna bet?


There will be rich and poor but they won't be the same people as now.

A great many people start the 100-yard dash on the 80-yard-line and think they win because they are faster.


"If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump
 
Posts: 11101 | Location: Tennessee | Registered: 09 December 2007Reply With Quote
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quote:
Originally posted by crbutler:
If you raise their wage past what the job reasonably produces, are they better off without a job?

My usual recommendation would be to avail yourself of the various vocational training that is available in your community and get a better job.

A HVAC or plumbing apprentice or journeyman electrician has a sellers market in most areas and makes a decent living.

You shouldn’t expect a living wage working 30 hours a week at a fast food place…

If all you can do is entry level work, then I suppose you qualify for the safety net, presumably you have some significant disability there.

And yes, I prefer we incentivize working for the marginal folks.

Where I work we have a bunch of folks who are doing sheltered workspace type jobs. That’s a good thing.


You show how out of touch you are. The folks I'm talking about can't afford the time and money for vocational training--they're working two jobs, remember?

And frankly, some aren't smart enough for vocational training. Still, no one, in our affluent society, should have to work two jobs to survive.
 
Posts: 7165 | Location: Coeur d' Alene, Idaho, USA | Registered: 08 March 2013Reply With Quote
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posted Hide Post
quote:
Originally posted by ledvm:
quote:
Originally posted by Steve Bertram:
quote:
Originally posted by ledvm:
got to do something to get that revenue up. barf


34 trillion is the current debt, we pay more in interest than for defense. Revenue needs to increase, it is simple math.


I didn’t spend it. Wink


Yes, you did--just like the rest of us.

Your representatives in Congress spent the money on your behalf.

Childish of you to disclaim responsibility any adult would admit to.
 
Posts: 7165 | Location: Coeur d' Alene, Idaho, USA | Registered: 08 March 2013Reply With Quote
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posted Hide Post
quote:
Originally posted by JTEX:
quote:
Originally posted by ledvm:
quote:
Originally posted by Steve Bertram:
quote:
Originally posted by ledvm:
got to do something to get that revenue up. barf


34 trillion is the current debt, we pay more in interest than for defense. Revenue needs to increase, it is simple math.


I didn’t spend it. Wink


Me either! And I'm not promising to spend more to get elected....

CUT SPENDING!!!!

Typical leftist thinking, before anything we have to raise taxes....not cut stupid spending.....

.


What bullshit! Republicans have been yelling to cut spending all of my adult life, but I don't remember any balanced budgets, unless under Clinton.

When Republicans have the White House, they're as big of deficit spenders as the Democrats.

Instead of meaningless bullshit slogans, how about coming up with real ideas for solving our debt crises?

Tax increases are on the table. I made up my mind because those who want tax increases have offered real arguments, instead of empty slogans.

I'm for the tax increases on the wealthy, and on the rest of us too. It will cost me money, but at least it will help alleviate the crushing debt we'll otherwise leave our grandkids.
 
Posts: 7165 | Location: Coeur d' Alene, Idaho, USA | Registered: 08 March 2013Reply With Quote
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quote:
Originally posted by ledvm:

No legislation was passed with the sole intention of tax shelter for the wealthy. Roll Eyes


Not true at all Lane, some of the tax shelters the wealthy abuse were most certainly passed with the sole intention of helping them evade taxes. That is part how we got here.
 
Posts: 1520 | Location: Boulder mountains | Registered: 09 February 2024Reply With Quote
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posted Hide Post
quote:
Originally posted by Steve Bertram:
quote:
Originally posted by ledvm:

No legislation was passed with the sole intention of tax shelter for the wealthy. Roll Eyes


Not true at all Lane, some of the tax shelters the wealthy abuse were most certainly passed with the sole intention of helping them evade taxes. That is part how we got here.


He's just being cute with language again. He's well aware that tax cut bills always include a few crumbs for average taxpayers. That lets him say with a straight face that the sole intention of the tax cut was not to help the rich.

Giving tax cuts to the rich is the prime impetus behind all Republican tax cuts. These bills scatter a few crumbs to the rest of us because they need votes to enact the cuts; there aren't enough super rich votes out there, so their next move is to give a few peanuts to Joe MAGA, who's just stupid enough to be grateful for that handful of peanuts.
 
Posts: 7165 | Location: Coeur d' Alene, Idaho, USA | Registered: 08 March 2013Reply With Quote
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Doc You need to temper you indignation a bit.

I dealt with militant unions for 11 years. Negotiated with Communist unions. I personally faced at least 6 strikes. I have been mobbed at least 6 times and my life was at threat on more then one occasion. I had a mob of 50 people baying for blood while I had local village politicians in my house threatening to beat me up.

I also earned the respect of the same people mentioned above, once they got to know my values and how I was the main champion of my workers.

Not paying workers a living wage and not providing health care, child care and education is worse than slavery.

Slaves were chattel and assets. The underpaid, under insured workers are just exploited consumables that are discarded. The system is created by the top 1% to provide an unlimited supply of the ultr poor indefinitely. This evil system is being perpetuated globally. The US interferes in other countries in order to perpetuate this system. Remember Apartheid?

Your exploitative mindset is so ingrained that you claim the rights of super profit tax avoidance and deny a simple right to a fair living wage, health care and education.

If investment income should be at lower tax rate, then why is any professional income from investment in education taxed at a higher rate? That is double taxation as well.


quote:
Originally posted by crbutler:
No, the system has some inequities in it that favor SOME of the top 1%. Strangely, most of them are/favor democrats if you listen to the news and look at political contribution lists.

One point re investment income is that you either paid income tax on the original investment or you paid inheritance tax on the same. Yes there are a few folks who found a way around it, but fundamentally its double taxation.

As to fair collective bargaining, until you have had your family threatened by union activists and a dead horse head left on your front doorstep, you are not in a position to lecture me on how one sided the system is. (My grandfather)

For that matter, have you had to work double shifts outside your area of responsibility because of a strike? I have, thus you are not going to convince me how "one sided" the system is.

Sorry, having to pay excessively high rates when over half don't pay at all is not "fair tax rates".

I also doubt that there is any creditable research that shows that the US system is worse than slavery, and in fact with many of my ancestors killed in the civil war fighting for the union, I find your insinuation, well, insulting.


quote:
Originally posted by Nakihunter:
Doc

You have left out a lit of other important factors.

The system is already rigged in favor of the top 1%. So they set the rules of preventing collective bargaining, fair tax rates etc.

Paying substandard wages AND less taxes is the double whammy. Scholars have established that such criminal oligarchy is worse than slavery.



quote:
Originally posted by crbutler:
A fair wage is fundamentally related to the productivity of the job, not some nebulous concept of what will make your life acceptable.

If a job produces too little to pay for itself, then a person isn’t going to hire you to do it.

If you produce enough to make paying you financially possible, then it’s more a negotiation about how much you should keep vs the employer keep. Since the outlawing of slavery, you have the option of leaving. All minimum wage laws do is set a governmentally arbitrary decision as to what the lowest possible point negotiations start at and what business can afford.

Basic economics.


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11422 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
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I'll bet a bottle of single malt.

In 20 years half of the rich and the poor will be dead or retired. The younger generation with better education and less burdens would find new livelihoods.

The super rich PACs will be dead. The Heritage Foundation would be dead. The US would have true multi party democracy.

Can I PM you with my details for z bottle of Macallan Wink



quote:
Originally posted by lavaca:
I've got an experiment for you and I don't want you to do it because I'm old and don't have a lot of time, but assuming no one has to die, let's run this experiment:

1. Redistribute the wealth equally to everyone. Take from the rich and give every penny to the poor such that everyone in the planet has the exact same amount of money.

2.Check back 20 years later and the same people will be rich and same people will be poor.

Wanna bet?


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11422 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
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Hmm, you may have gained respect with the people there, you sure have none here.
FWIW poor people do not have to pay for training as CDL truck drivers, HVAC, electricians and so on. There are many grants for it to give people a leg up. They just have to want to do it. I know many that have done so, and others that quit and went back to drawing welfare.
 
Posts: 7578 | Registered: 10 April 2009Reply With Quote
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Picture of jeffeosso
posted Hide Post
quote:
Originally posted by ledvm:
quote:
Originally posted by Steve Bertram:
quote:
Originally posted by ledvm:
got to do something to get that revenue up. barf


34 trillion is the current debt, we pay more in interest than for defense. Revenue needs to increase, it is simple math.


I didn’t spend it. Wink


And I didn't approve it.

You know what would help? Having an approved budget. We haven't had one in 15 years. And in those 15 years the deficit has gone from 8 trillion to 35 trillion

We don't have a revenue problem, we have a spending problem. And spending MORE on discretionary spends isn't going to improve it.

Remember when it was un-American to have unfunded mandates ?


opinions vary band of bubbas and STC hunting Club

Information on Ammoguide about
the416AR, 458AR, 470AR, 500AR
What is an AR round? Case Drawings 416-458-470AR and 500AR.
476AR,
http://www.weaponsmith.com
 
Posts: 40318 | Location: Conroe, TX | Registered: 01 June 2002Reply With Quote
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posted Hide Post
quote:
Originally posted by Nakihunter:

I dealt with militant unions for 11 years. Negotiated with Communist unions. I personally faced at least 6 strikes. I have been mobbed at least 6 times and my life was at threat on more then one occasion. I had a mob of 50 people baying for blood while I had local village politicians in my house threatening to beat me up.


And they say " the truth will out" .. I guess this is why you refuse to help the enslaved in your own country

Just a little misunderstanding in your home town? 11 years of it?

I am certain you used your golden tongue to calm them and lived happily ever after...

No, wait, you then took refuge in NZ, right?

Just trying to get your story straight


opinions vary band of bubbas and STC hunting Club

Information on Ammoguide about
the416AR, 458AR, 470AR, 500AR
What is an AR round? Case Drawings 416-458-470AR and 500AR.
476AR,
http://www.weaponsmith.com
 
Posts: 40318 | Location: Conroe, TX | Registered: 01 June 2002Reply With Quote
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posted Hide Post
We have revenue and a spending problem.

Denial will not solve the fundamental math problem. You simply cannot save your way out of this mess. Revenue needs to rise, spending needs to fall.
 
Posts: 1520 | Location: Boulder mountains | Registered: 09 February 2024Reply With Quote
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quote:
We don't have a revenue problem, we have a spending problem.


There we go with the empty slogans again.
 
Posts: 7165 | Location: Coeur d' Alene, Idaho, USA | Registered: 08 March 2013Reply With Quote
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If you are unable to improve your productivity, or unwilling, the why not have to work two jobs?

Most of us who are successful have worked 2 jobs, or put in way more hours than 2 jobs require to get where we got. Heck, I routinely put in 60 or more hours a week now, and I’m well past halfway to retirement.

The old saying of life ain’t fair applies here.

If you are too capable to get welfare or assistance, but too incapable to get past entry level, well, it sucks. At least with our safety net you get taken care of.

But I really don’t see it your way. The vast majority who are doing multiple entry level jobs and are stuck there are there because of past and ongoing bad decisions. You know that.

Where is there written a right to a life of leisure?

I get that people occasionally get in a bad spot due to situations beyond their control. That’s what bankruptcy, welfare, disability, and charity are supposed to help with.

Then there are the artificially created issues like inflation or such.

I’m not against helping people who need it and are trying.

But I fail to see how the “living wage” stuff has done anything. Remember that the minimum wage hikes directly resulted in loss of low end jobs.


quote:
Originally posted by RolandtheHeadless:
quote:
Originally posted by crbutler:
If you raise their wage past what the job reasonably produces, are they better off without a job?

My usual recommendation would be to avail yourself of the various vocational training that is available in your community and get a better job.

A HVAC or plumbing apprentice or journeyman electrician has a sellers market in most areas and makes a decent living.

You shouldn’t expect a living wage working 30 hours a week at a fast food place…

If all you can do is entry level work, then I suppose you qualify for the safety net, presumably you have some significant disability there.

And yes, I prefer we incentivize working for the marginal folks.

Where I work we have a bunch of folks who are doing sheltered workspace type jobs. That’s a good thing.


You show how out of touch you are. The folks I'm talking about can't afford the time and money for vocational training--they're working two jobs, remember?

And frankly, some aren't smart enough for vocational training. Still, no one, in our affluent society, should have to work two jobs to survive.
 
Posts: 11331 | Location: Minnesota USA | Registered: 15 June 2007Reply With Quote
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Picture of jeffeosso
posted Hide Post
quote:
Originally posted by RolandtheHeadless:
quote:
We don't have a revenue problem, we have a spending problem.


There we go with the empty slogans again.


Going off the handle, intentionally, as I spent a couple hours talking my best friend, a combat vet, down from suicide and all YOU have to offering is being a jacka$$.. you aren't worth my gd time but I am annoyed

Yeah, dude, play games and say bs.. it is in your character

Idiot.. yeah, I am tired, it's been a sh!t day already, and I am tired of your zero input platitudes.. you don't offer an alternative, just negation.. being a contrarian is the refuge of old men.

Ffs, jackhole, offer a solution and quote me in context..

Standing back and saying " nag nah nah" is pathetic, almost a naki level of stupidity.

Wtf is wrong with what I said? Is it wrong, or do you just disagree? Hiding behind bs is pathetic

Would cutting spending solve the problem? Of course would, but it would be painful. Would soaking the rich do a damn thing? Go watch the Tony Robbins video I posted. If we take EVERYTHING from the rich and corporations we could run ONE year, then nothing left. This is terrible plan.

I am done with the 18oz gloves for elderly and not so elderly idiots. Grow UP, man up, and cowboy up, shesh


opinions vary band of bubbas and STC hunting Club

Information on Ammoguide about
the416AR, 458AR, 470AR, 500AR
What is an AR round? Case Drawings 416-458-470AR and 500AR.
476AR,
http://www.weaponsmith.com
 
Posts: 40318 | Location: Conroe, TX | Registered: 01 June 2002Reply With Quote
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posted Hide Post
quote:
Originally posted by jeffeosso:
quote:
Originally posted by RolandtheHeadless:
quote:
We don't have a revenue problem, we have a spending problem.


There we go with the empty slogans again.


Going off the handle, intentionally, as I spent a couple hours talking my best friend, a combat vet, down from suicide and all YOU have to offering is being a jacka$$.. you aren't worth my gd time but I am annoyed

Yeah, dude, play games and say bs.. it is in your character

Idiot.. yeah, I am tired, it's been a sh!t day already, and I am tired of your zero input platitudes.. you don't offer an alternative, just negation.. being a contrarian is the refuge of old men.

Ffs, jackhole, offer a solution and quote me in context..

Standing back and saying " nag nah nah" is pathetic, almost a naki level of stupidity.

Wtf is wrong with what I said? Is it wrong, or do you just disagree? Hiding behind bs is pathetic

Would cutting spending solve the problem? Of course would, but it would be painful. Would soaking the rich do a damn thing? Go watch the Tony Robbins video I posted. If we take EVERYTHING from the rich and corporations we could run ONE year, then nothing left. This is terrible plan.

I am done with the 18oz gloves for elderly and not so elderly idiots. Grow UP, man up, and cowboy up, shesh


Truly sorry to hear about your shitty day as well as your friends struggles, he has my very best wishes.

I certainly do not think that you can just tax the rich and solve this issue. I think it will take increased taxes on most of us, increasing the corporate tax rate as well as eliminating loop holes and reducing spending.

I do not think that is a terrible plan, more like the harsh reality of being 34 trillion in debt.
 
Posts: 1520 | Location: Boulder mountains | Registered: 09 February 2024Reply With Quote
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Thanks Steve


opinions vary band of bubbas and STC hunting Club

Information on Ammoguide about
the416AR, 458AR, 470AR, 500AR
What is an AR round? Case Drawings 416-458-470AR and 500AR.
476AR,
http://www.weaponsmith.com
 
Posts: 40318 | Location: Conroe, TX | Registered: 01 June 2002Reply With Quote
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posted Hide Post
quote:
Originally posted by Nakihunter:
Doc You need to temper you indignation a bit.

I dealt with militant unions for 11 years. Negotiated with Communist unions. I personally faced at least 6 strikes. I have been mobbed at least 6 times and my life was at threat on more then one occasion. I had a mob of 50 people baying for blood while I had local village politicians in my house threatening to beat me up.

I also earned the respect of the same people mentioned above, once they got to know my values and how I was the main champion of my workers.

Not paying workers a living wage and not providing health care, child care and education is worse than slavery.

Slaves were chattel and assets. The underpaid, under insured workers are just exploited consumables that are discarded. The system is created by the top 1% to provide an unlimited supply of the ultr poor indefinitely. This evil system is being perpetuated globally. The US interferes in other countries in order to perpetuate this system. Remember Apartheid?
You mean the system we wrecked economically in indignation because it was racist and ended up increasing poverty?
Your exploitative mindset is so ingrained that you claim the rights of super profit tax avoidance and deny a simple right to a fair living wage, health care and education.

If investment income should be at lower tax rate, then why is any professional income from investment in education taxed at a higher rate? That is double taxation as well.
Good question. Why do I get to pay the high rate? My income is not significantly based off investments and what I do have gets me nailed with AMT.


quote:
Originally posted by crbutler:
No, the system has some inequities in it that favor SOME of the top 1%. Strangely, most of them are/favor democrats if you listen to the news and look at political contribution lists.

One point re investment income is that you either paid income tax on the original investment or you paid inheritance tax on the same. Yes there are a few folks who found a way around it, but fundamentally its double taxation.

As to fair collective bargaining, until you have had your family threatened by union activists and a dead horse head left on your front doorstep, you are not in a position to lecture me on how one sided the system is. (My grandfather)

For that matter, have you had to work double shifts outside your area of responsibility because of a strike? I have, thus you are not going to convince me how "one sided" the system is.

Sorry, having to pay excessively high rates when over half don't pay at all is not "fair tax rates".

I also doubt that there is any creditable research that shows that the US system is worse than slavery, and in fact with many of my ancestors killed in the civil war fighting for the union, I find your insinuation, well, insulting.


quote:
Originally posted by Nakihunter:
Doc

You have left out a lit of other important factors.

The system is already rigged in favor of the top 1%. So they set the rules of preventing collective bargaining, fair tax rates etc.

Paying substandard wages AND less taxes is the double whammy. Scholars have established that such criminal oligarchy is worse than slavery.



quote:
Originally posted by crbutler:
A fair wage is fundamentally related to the productivity of the job, not some nebulous concept of what will make your life acceptable.

If a job produces too little to pay for itself, then a person isn’t going to hire you to do it.

If you produce enough to make paying you financially possible, then it’s more a negotiation about how much you should keep vs the employer keep. Since the outlawing of slavery, you have the option of leaving. All minimum wage laws do is set a governmentally arbitrary decision as to what the lowest possible point negotiations start at and what business can afford.

Basic economics.


You seem to miss the basic economics argument. While paying $40,000 a year for any full time work sounds “good” no one is going to pay that for a job that produces half that.

I understand that folks think a boss making 25% profit off an employee is robbery, and if it’s actually profit, I get it, the employee deserves a bit more credit then, but my limited experience with employees is that they often cost you at inopportune times. Think a woman going on maternity for a year and you have to replace them immediately at extra cost, then what do you do when she comes back with your new employee (especially if they are actually a better worker than the person on leave?)

A business isn’t a source of infinite money.
 
Posts: 11331 | Location: Minnesota USA | Registered: 15 June 2007Reply With Quote
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I have not join in on this thread mostly because it is interesting and damn entertaining to watch each side beat up the other side, however, I can sit on the side and dring coffee and chuckle at all the comments for only so long before I have to add my 2 cents in so here it is.

This whole argument between hard core conservatives (mostly Republicans) and hard core liberals (mostly Democrats) is stupid because like most arguments both sides have some points that are good (true) and bad(false). The reality like most things is squarely in the middle.

Instead of bitching about how unfair taxes are (for or against cap gains) why not try and come up with a alterative solution. With that thought in mind here is MY solution:

Do away with all current forms a taxes. That includes income, property etc. Replace it with a single national sales tax. For my example let’s say 5%. The sales tax would have exceptions for the basic necessities of life like food, utilities, personal household items like soap, toothpaste etc. and housing. Every other thing that is purchased is taxed at 5%. This way you would be taxed on how much you spend on non essential goods. A family making 30-40K per year that spends 90% of their income on the basics would pay very little in taxes. The person who makes 150K per year who spends 50% or more of their money on non essential stuff will pay more and the very rich people to go out and by 5 million dollar boat are going to pay even more. The person who is making good money and is saving it will not pay taxes on the money until they decide they want that new boat. To me this would be the fairest tax because you pay on what you spend and only on what you spend.

Thoughts?
 
Posts: 662 | Location: SW Montana | Registered: 28 December 2000Reply With Quote
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I used to be a fan of a flat tax, but it loads up unfairly on lower incomes paying a higher percentage basis income.


opinions vary band of bubbas and STC hunting Club

Information on Ammoguide about
the416AR, 458AR, 470AR, 500AR
What is an AR round? Case Drawings 416-458-470AR and 500AR.
476AR,
http://www.weaponsmith.com
 
Posts: 40318 | Location: Conroe, TX | Registered: 01 June 2002Reply With Quote
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posted Hide Post
quote:
Originally posted by jeffeosso:
I used to be a fan of a flat tax, but it loads up unfairly on lower incomes paying a higher percentage basis income.


I would agree if there was not exceptions on the basic needs for life like I said (food, utilities, housing, medicine etc.) once you get pass those if a low income saves their money and decides to by a big screen tv for $2500 then they need to pay taxes for that purchase. If they are short of money and their whole paycheck for the month goes to the basics then they would not pay anything for that month.
 
Posts: 662 | Location: SW Montana | Registered: 28 December 2000Reply With Quote
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Just speak for yourself.

You have no idea about the number of friends I've made here and who have supported me. This includes Republicans.

Your comments just reveal your poor awareness and knowledge of US society.

Around 1250 families control 50% of US wealth. That is a tiny fraction - 0.000357% of the population.

I wonder what your definition of poor is. I am referring to anyone who is struggling to make end meet in the US. That is 50% of the population. That is almost 50% of the middle class.

The number of people who refuse to take advantage of the system are those have been neglected by the system. The GOP policy is NOT to educate the poor and teach them your history or the facts about your corrupt exploitative society.

Read this in detail - https://www.census.gov/library...23/demo/p60-280.html

quote:
Originally posted by theback40:
Hmm, you may have gained respect with the people there, you sure have none here.
FWIW poor people do not have to pay for training as CDL truck drivers, HVAC, electricians and so on. There are many grants for it to give people a leg up. They just have to want to do it. I know many that have done so, and others that quit and went back to drawing welfare.


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11422 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
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Interesting idea that will work if the greedy rich allow it.

A few important questions will take us back to the Trevor Noah video.
Is purchase of stocks an expenditure to be taxed? Are leverage transactions an acquisition of service to be taxed?



quote:
Originally posted by MtElkHunter:
I have not join in on this thread mostly because it is interesting and damn entertaining to watch each side beat up the other side, however, I can sit on the side and dring coffee and chuckle at all the comments for only so long before I have to add my 2 cents in so here it is.

This whole argument between hard core conservatives (mostly Republicans) and hard core liberals (mostly Democrats) is stupid because like most arguments both sides have some points that are good (true) and bad(false). The reality like most things is squarely in the middle.

Instead of bitching about how unfair taxes are (for or against cap gains) why not try and come up with a alterative solution. With that thought in mind here is MY solution:

Do away with all current forms a taxes. That includes income, property etc. Replace it with a single national sales tax. For my example let’s say 5%. The sales tax would have exceptions for the basic necessities of life like food, utilities, personal household items like soap, toothpaste etc. and housing. Every other thing that is purchased is taxed at 5%. This way you would be taxed on how much you spend on non essential goods. A family making 30-40K per year that spends 90% of their income on the basics would pay very little in taxes. The person who makes 150K per year who spends 50% or more of their money on non essential stuff will pay more and the very rich people to go out and by 5 million dollar boat are going to pay even more. The person who is making good money and is saving it will not pay taxes on the money until they decide they want that new boat. To me this would be the fairest tax because you pay on what you spend and only on what you spend.

Thoughts?


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11422 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
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That is a good question. My thoughts are that buying stocks would not a taxable event because you are not buying an tangible item like a TV, boat or car. Investments and I would consider this an investment would not be taxed so it would encourage savings, however, the leveraged buyout is a tough one because you are getting something so maybe it should be. Not sure on that one.
 
Posts: 662 | Location: SW Montana | Registered: 28 December 2000Reply With Quote
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Naki,
Dude, you are a wonder. Just to be clear, as English isn't your first language and you know NOTHING about American English, that was not a compliment.. when an American just shuts down and agrees with you, it's not that they agree with you... they are trying to disentangle themselves from talking with a crazy person

You have zero basis for anything requiring experience or judgement, outside, apparently, dealing with pitchforks and torchs outside your home

Hey, "more than 6 times", how many times has that happened in your refuge home? Zero? Less?

Oh wait... let me screech it "LIES... PATHETIC WORM"... did I get the accent right?


opinions vary band of bubbas and STC hunting Club

Information on Ammoguide about
the416AR, 458AR, 470AR, 500AR
What is an AR round? Case Drawings 416-458-470AR and 500AR.
476AR,
http://www.weaponsmith.com
 
Posts: 40318 | Location: Conroe, TX | Registered: 01 June 2002Reply With Quote
One of Us
Picture of Nakihunter
posted Hide Post
The more I look at your post, the more I like the balanced approach. The details are debatable - is 5% the right tax rate or should it be 10% etc.

The sad part is that all the information including the unfair distribution, unfair taxation and the social impact are all available in the Gove records.

Here one BIG LIE that the Republican keep spreading and which has been exposed. The lie is that the Biden administration has made it harder for the middle class. Reading this including the various micro analysis is very enlightening that the Biden Admin reduce the gap between the top quartile and the rest. It has made it harder for the top bracket!

https://www.census.gov/library...come-inequality.html

The income gap DROPPED for the first time since 2007. No wonder the Far right is pissed off and crying.



quote:
Originally posted by MtElkHunter:
I have not join in on this thread mostly because it is interesting and damn entertaining to watch each side beat up the other side, however, I can sit on the side and dring coffee and chuckle at all the comments for only so long before I have to add my 2 cents in so here it is.

This whole argument between hard core conservatives (mostly Republicans) and hard core liberals (mostly Democrats) is stupid because like most arguments both sides have some points that are good (true) and bad(false). The reality like most things is squarely in the middle.

Instead of bitching about how unfair taxes are (for or against cap gains) why not try and come up with a alterative solution. With that thought in mind here is MY solution:

Do away with all current forms a taxes. That includes income, property etc. Replace it with a single national sales tax. For my example let’s say 5%. The sales tax would have exceptions for the basic necessities of life like food, utilities, personal household items like soap, toothpaste etc. and housing. Every other thing that is purchased is taxed at 5%. This way you would be taxed on how much you spend on non essential goods. A family making 30-40K per year that spends 90% of their income on the basics would pay very little in taxes. The person who makes 150K per year who spends 50% or more of their money on non essential stuff will pay more and the very rich people to go out and by 5 million dollar boat are going to pay even more. The person who is making good money and is saving it will not pay taxes on the money until they decide they want that new boat. To me this would be the fairest tax because you pay on what you spend and only on what you spend.

Thoughts?


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11422 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
One of Us
Picture of Nakihunter
posted Hide Post
jeffpee

barf rotflmo pissers stir

You do not know any English let alone American English. You have no clue about my first language or the fact that I used to lecture Post Graduate students (Grad school in American English).

Just look at your pathetic posts - only abuse, insults and more lies. Not one shred of evidence or logical debate.

You can stay in your cess pool septic tank.

quote:
Originally posted by jeffeosso:
Naki,
Dude, you are a wonder. Just to be clear, as English isn't your first language and you know NOTHING about American English, that was not a compliment.. when an American just shuts down and agrees with you, it's not that they agree with you... they are trying to disentangle themselves from talking with a crazy person

You have zero basis for anything requiring experience or judgement, outside, apparently, dealing with pitchforks and torchs outside your home

Hey, "more than 6 times", how many times has that happened in your refuge home? Zero? Less?

Oh wait... let me screech it "LIES... PATHETIC WORM"... did I get the accent right?


"When the wind stops....start rowing. When the wind starts, get the sail up quick."
 
Posts: 11422 | Location: New Zealand | Registered: 02 July 2008Reply With Quote
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