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Thread: Denmark to scrap world's first fat tax

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    Re: Denmark to scrap world's first fat tax

    Red tape does create jobs. Jobs that the consumer has to pay for. The dentist has all that extra insurance paperwork to do so he hires another assistant. To cover the cost of the assistant's salary, he raises his prices so that none of the extra cost comes out of his pocket. In the end, consumers pay the bill for most every piece of red tape, new laws and new regulations. It is all pushed down hill until it hits us. Hey, we asked for it and we got it!

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    Re: Denmark to scrap world's first fat tax

    Quote Originally Posted by melons View Post
    Red tape does create jobs. Jobs that the consumer has to pay for. The dentist has all that extra insurance paperwork to do so he hires another assistant. To cover the cost of the assistant's salary, he raises his prices so that none of the extra cost comes out of his pocket. In the end, consumers pay the bill for most every piece of red tape, new laws and new regulations. It is all pushed down hill until it hits us. Hey, we asked for it and we got it!
    The money that is paid—the wealth that is consumed—to fulfill this red tape, is wealth that otherwise could have been directed in a much more productive direction. What you describe here could fairly be described, I think, as a “softer” version of Bastiat's Broken Window Fallacy.
    The five great lies of the Left Wrong:
    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

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    Re: Denmark to scrap world's first fat tax

    Zimmer taxes are not socialism. Please get that through your brain...


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    Re: Denmark to scrap world's first fat tax

    Quote Originally Posted by JohnWOlin View Post
    I suppose my source was wrong but apparently so was yours. 6.3% offical is what I'm going with now. Still, a silly fat tax isn't what holds Denmark back.
    Actually it more likely we both were correct. It all depends on how you count unemployment. The 8.1% number is the one done by Eurostat, which is a method that is standardized across the EU. The Danish number is the more accurate as in it is a very exact number, however it also does not count certain people which the Eurostat does. These people in the Danish number are catagorized in other areas... education, maternity leave and so on. Also the Eurostat number has to take into consideration the different "legal ages" .. some countries have age 15, others age 16 and some even age 18 before they are registered in the system. Unemployment numbers are not always easy to decipher, especially when you include "poll" numbers like the American ones.
    PeteEU

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    Re: Denmark to scrap world's first fat tax

    Small business is defined as 100 to 1500 employees depending on the category of business.

    The mostly self funded businesses are called micro or mom and pop.

    It is a dodge of the right to use the label small business for micro or mom and pop business.

    Most micro and mom and pop businesses struggle and fail, which includes being little more than a hobby, in their first year due to undercapitalization- not much of a job creator if you ask me.

    Nit picking the start of a consumer fad doesn't change the facts. If the fad, new toy consumers didn't know they wanted, is not wanted by consumers then no jobs are created. For every winner there are a dozen things consumers didn't know they wanted that stayed just that way.

    My point is business isn't the 'Job Creator'- without consumers paying for the new toy there will be no new jobs. All the fancy funding or brave risk taking aside- no line of consumers eager for the product- no new jobs.

    Business no more deserves the title Job Creator, than consumers, finance houses, rich parents bankrolling the project.

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    Re: Denmark to scrap world's first fat tax

    Quote Originally Posted by Thrilla View Post
    a fat tax is an incredibly stupid idea.

    if being morbidly obese , having heart problem, diabetes, and a whole host of physical problems isn't enough to deter people from stuffing sweets down their gullet.. a tax isn't going to either.
    No, but it pays for the healthcare costs of those things.

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    Re: Denmark to scrap world's first fat tax

    The Danes should have taxed their individuals, not businesses, by weighing them at places such a drivers license renewal or passport application or welfare applications.

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    Re: Denmark to scrap world's first fat tax

    Quote Originally Posted by notquiteright View Post
    Small business is defined as 100 to 1500 employees depending on the category of business.

    The mostly self funded businesses are called micro or mom and pop.

    It is a dodge of the right to use the label small business for micro or mom and pop business.

    Most micro and mom and pop businesses struggle and fail, which includes being little more than a hobby, in their first year due to undercapitalization- not much of a job creator if you ask me.

    Nit picking the start of a consumer fad doesn't change the facts. If the fad, new toy consumers didn't know they wanted, is not wanted by consumers then no jobs are created. For every winner there are a dozen things consumers didn't know they wanted that stayed just that way.

    My point is business isn't the 'Job Creator'- without consumers paying for the new toy there will be no new jobs. All the fancy funding or brave risk taking aside- no line of consumers eager for the product- no new jobs.

    Business no more deserves the title Job Creator, than consumers, finance houses, rich parents bankrolling the project.
    Once again, I ask you to quote me if you are going to respond to what I said.

    You definition on the size of a small business is skewed. You are correct in that the SBA recognizes small businesses by employee numbers, but it also uses funds generated. To be included in the SBA.gov, you have to register and be selected. If you are not selected by them, you aren't a small business? If you lead in your field, but only employ 30 people, you aren't a small business?

    SBA.gov is a growth and loan wing of our federal government. They give out money. Just because they don't loan money to a mom and pop, doesn't make a mom and pop small business. Main street is the heart of small business.

    If a company struggles for a year, and then fails...money moved. Monetary movement is the driving force of our economy. The mom and pop store employed the mom and pop, a place was rented, services purchased, legal fees, electricity used, ads placed, that is a lot of monetary movement. That creates jobs. Their need for resources, even if they didn't make a penny and the lost their entire investment, moved finances and helped maintain a job in another industry/company or create one.

    Those mom and pops stores that you don't recognize as small business usually fail because they failed to meet the market expectations, or they created a product with no demand. They still created jobs, whether the demand was there or not.

    Your original point was:
    Next the rich and or business owners are not job creators- consumer demand does that. If a business owner was making money hand over fist but there was no increase in demand- do you really think he would be wise or prudent to hire on more people just because his profit is increasing?
    Wouldn't the wise and prudent business owner start a new endeavor with his increased earnings? Would that not create jobs?
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: Denmark to scrap world's first fat tax

    First off this is a general discussion, don't care if you do or don't respond- there are other opinions I'm interested in.

    Last point first, many people who make money diversify rather than keep all their eggs in one basket. There are many ponzi fund schemes out there to put money in that don't create new jobs but move money around. Investing in shorts or longs in the market for instance. Can make money but creates no new jobs. If a business owner is making money like crazy without having to increase his staff then why increase the staff? Only if DEMAND requires more hands on deck is increasing staff warranted.

    Next, using money earned by a small business as a metric doesn't change anything, we were speaking of- CREATING JOBS

    We were discussing the mantle of JOB CREATOR given to small business rather than consumer demand.

    Main Street micro businesses are not the back bone of jobs in this country- I can't think of a single mainstreet business with 100 employees. Fast food places perhaps can create jobs though technically each franchise is a micro business, but 'welcome to McDonald's' isn't a phrase leading to a strong middle class.

    Walmart and Cosco have driven a spike into the heart of mainstreet shopping. Least out here in Oklahoma.

    Not all consumer demand created American jobs, or at least not efficiently. Importing stuff from China doesn't create factory jobs here, maybe a few logistical ones but not the numbers a made in America product would but none the less there would be many fewer working in logistics if consumers didn't line up for imported sneakers or electronic gear.

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