The default theme for this site has been updated. For further information, please take a look at the announcement regarding HAF changing its default theme.
Started by billy rubin, October 02, 2022, 03:50:56 PM
Quote from: Ecurb Noselrub on July 25, 2013, 08:18:52 PMIn Asmo's grey lump, wrath and dark clouds gather force.Luxembourg trembles.
Quote from: billy rubin on October 02, 2022, 10:52:17 PMsince 1989, the richest 1 percent of the people in my country increased their share of the national wealth from 27 percent to 34 percent. families in the bottom 50 percent of the economy in my country now own 2 percent of the wealth. this is the result of trickle-down economics. here is how trickle-down works:
Quote1 i have an extra dollar. i come across a poor person. i want to help them.
Quote2 i seek out a rich person. i give them the dollar.
Quote3 i now wait for the investment of my dollar to help out the poor person. helping the rich become richer is how i help the poor.
Quote^^^this is the economics practiced in my country since ronald reagan. so far it has worked well, for the rich.
Quotesure, the rich person you describe contribbutes, what, as much as ten other people in taxes . . . ? but he is extracting as much as a hundred other people from the shared economy. as i have said elsewhere, i am not concerned with taxes. taxes are not important to me.
Quotei am concerned with the rich mining their wealth from the less rich. i do not consent to have my labor subsidizing the rich.
Quoteyour observation regarding consent is a good one.
Quotewhen did i consent have my government run by representatives purchased by the rich?
Quotein 2010, the billionaires in america contributed $31,000,000 to the american election system. in 2020, that number went up to $1,200,000,000. why did they increase their spending on politicians by 38 times?
Quotebecause they get a government whose policies are designed to benefit the rich at the expense of everybody else. the laws are written to benefit tbem, not the general public.
Quotebecause you get what you pay for, in the american system of government. i do not consent to that. does my consent matter?
Quotethe issue is that the rich are buying the government they prefer, and using my labor to subsidize it. i do not consent to that relationship.
Quote from: Tom62 on October 04, 2022, 06:57:27 PMThe idea that people with a high income don't pay any taxes is a lie and has been debunked time and time again. The wealthiest people pay the most. The top 10% earners pay the largest part of the total income taxes (source: https://www.thebalancemoney.com/breakdown-of-who-pays-most-taxes-4178924).
Quote from: Icarus on October 03, 2022, 10:43:41 PMThe deal that Billy and most of the rest of we working slobs resent, is the division of profit from the big time manufacturers, big Pharma, brokers and such. Imagine that a skilled worker makes 45k. Also imagine that his or her boss is making 13,500,000. That is a representative pair of figures for much of our system.
QuoteTo make matters even more unfair, many of the multimillion dollar bosses pay almost NO federal taxes at all. One of our mega buck business managers, Waren Buffet, has famously said, that the tax system in unfair. He said that he pays less in taxes than his secretary does.
QuoteWe have a large number of Tax Accountants in the U.S. The most prosperous, shrewd, and devious of those accountants work for highly compensated people. Their job is to see that those highly compensated individuals pay little or no taxes. Those accountants are damned good at what they do. Their clients are cleverly immunized from paying their fair share.
Quote from: Dark Lightning on October 05, 2022, 12:30:27 AMI think that a consideration that is missing is that, in general, except for inherited wealth, vast quantities of money are made by people using a vast quantity of labor, that is now like it was before unions, in large part- vastly underpaid.
QuoteI personally think that people in that category should both pay their workers more, and pay more taxes.
QuoteWarren Buffet and Jeff Bezos come to mind. I know that Microsoft has to pay their technical people big money, but by the same token Gates gives away a lot of it. I am of the mind that a model that doesn't enrich an individual so that they are obscenely wealthy should be used. Sure, without some specific guidance, Microsoft (for instance) may not have succeeded to the level it has.
Quote from: Tank on October 07, 2022, 12:07:13 PMPersonally I'd rather see a richer person taxed to the point where they have to buy two slightly smaller his/her brand new Mercs/BMWs/Jags than see a person have so little expendable income that they can't afford to run any form of second hand car and thus earn a living at all.
Quote from: Asmodean on October 07, 2022, 12:13:15 PMQuote from: Tank on October 07, 2022, 12:07:13 PMPersonally I'd rather see a richer person taxed to the point where they have to buy two slightly smaller his/her brand new Mercs/BMWs/Jags than see a person have so little expendable income that they can't afford to run any form of second hand car and thus earn a living at all. Are you up to examining that statement?For instance, assuming that both started roughly in similar conditions (middle-ish class, normal-ish schools, etc) why should the person who succeeded at life now carry the person who didn't, unless he specifically contributed to the latter's downfall? (It is worth noting that I don't fully disagree that he should - I may answer my own question later on)