Page 46 of 70 FirstFirst ... 36444546474856 ... LastLast
Results 451 to 460 of 697

Thread: Census shows 1 in 2 people are poor or low-income

  1. #451
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:11 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,769

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Blue_State View Post
    Point withdrawn.
    what the real problem is --the merits for taxing LTCG lower than earned income are not defeated based on who is most likely to have LTCG but that is the main argument the hate the rich crowd spews against this lower tax rate

  2. #452
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 06:52 PM
    Lean
    Undisclosed
    Posts
    90,072

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Blue_State View Post
    Point withdrawn.
    thank you.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  3. #453
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 06:52 PM
    Lean
    Undisclosed
    Posts
    90,072

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by TurtleDude View Post
    what the real problem is --the merits for taxing LTCG lower than earned income are not defeated based on who is most likely to have LTCG but that is the main argument the hate the rich crowd spews against this lower tax rate
    Like I said Turtle, lets discuss it then without that. So present your case as to why there should be much lower rates for this type of income as opposed to others.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  4. #454
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:11 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,769

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by haymarket View Post
    Like I said Turtle, lets discuss it then without that. So present your case as to why there should be much lower rates for this type of income as opposed to others.
    asked and answered in several other threads. who benefits has absolutely no relevance to the merits of the tax rate

  5. #455
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 06:52 PM
    Lean
    Undisclosed
    Posts
    90,072

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by TurtleDude View Post
    asked and answered in several other threads. who benefits has absolutely no relevance to the merits of the tax rate
    NO NO NO. I am saying - that for the purposes of discussion - let put aside what you want to put aside, Lets leave out who benefits for the moment.

    So now present your case as why capital gains should be taxed at a discriminatory and preferential rate lower than other forms of income like wages.

    Can you do that?
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  6. #456
    Banned
    Join Date
    Dec 2011
    Location
    Prague, Czech Rep.
    Last Seen
    10-10-12 @ 02:44 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    1,880

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Swit View Post
    This is funny.... you answer snarkily and then go after me for doing the same? Hilarious. But I digress.

    First off slavery IS in fact the most efficient and effective way for an individual or organization to generate wealth.... history has shown this model effective time and time again. This is just plain fact. Thus if wealth generation is the sole desired output from our economic system then one would think we should employ the most effective and efficient means to accomplish that goal, i.e. slavery. If wealth generation is NOT the sole desired output from our economic system, then I ask again, what is the desired output? In other words it appears that even you agree that there are other desired outputs aside from "wealth", I am merely asking what those are.
    I appreciate your effort, but we are clearly not in the same league.You may interpret that any way you like.

  7. #457
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by TurtleDude View Post
    I find this sort of ranting funny

    everyone got capital gains tax breaks.. What is hilarious is that the wealth bashers whine about a tax break based on the rich using it rather than the break itself while ignoring the fact that everyone got the break

    your real hurt is over the rich apparently

    Your disdain of the working class aside, document how many of the US population derive most of their income from capital gains, thereby paying a lower tax rate than the middle class?

    And document your claim that increasing the Capital gain tax rate in the 1990's hurt the economy?
    Last edited by Catawba; 12-20-11 at 08:26 PM.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  8. #458
    Guru

    Join Date
    Aug 2011
    Location
    In a Blue State
    Last Seen
    Yesterday @ 10:39 PM
    Gender
    Lean
    Libertarian
    Posts
    4,733

    Re: Census shows 1 in 2 people are poor or low-income

    I thought you guys wanted more money in the treasury so tat we could spend it.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

  9. #459
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Blue_State View Post
    I thought you guys wanted more money in the treasury so tat we could spend it.
    Nope, when we have recovered from the Bush Recession, we should cut spending.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  10. #460
    Cheese
    Aunt Spiker's Avatar
    Join Date
    Oct 2009
    Location
    Sasnakra
    Last Seen
    09-10-16 @ 06:10 AM
    Gender
    Lean
    Moderate
    Posts
    28,433

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Wake View Post
    Census shows 1 in 2 people are poor or low-income - Yahoo! News

    To me I find this to be shocking. In my opinion, I would think the right is primarily to blame, for catering to the wealthy.

    As they say, "the rich get richer and the poor get poorer."
    Then why is the low-income threshold so HIGH?
    Many formerly middle-class Americans are dropping below the low-income threshold roughly $45,000 for a family of four because of pay cuts, a forced reduction of work hours or a spouse losing a job.
    That's more than my husband and I made in the first few years of our marriage.

    Sounds to me like the real issue is MEGA inflation - $45K should be somewhat sufficient: not "the 2nd to bottom rung"

    (I know I'm in so late on this thread)
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
    Pynchon - Gravity's Rainbow

Page 46 of 70 FirstFirst ... 36444546474856 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •