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Thread: CEOs lay off thousands, rake in millions

  1. #131
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by EnigmaO01 View Post
    Could you please site your claims to at least a link. You seem to forget all the loopholes for the rich, and the fact that many corporations pay little if any taxes. Warren Buffet's secretary pays more in taxes then he does. He has said that himself.

    YouTube - Warren Buffett's Tax Rate is Lower than His Secretary's
    I love the tax and hike types who buy into the Buffet dishonesty

    1) Buffet sets his salary way below any similarly situated executives to avoid taxes. He takes almost all his compensation in Capital Gains which are taxed lower. He only takes a 100K salary but that salary is taxed at a higher rate than his secretary. Since he controls how he and she are both compensated his rants are dishonest

    2) he still pays 1000 times more in taxes than she does-does anyone seriously believe he uses more in government services than he pays in taxes

    3) the dems and other class warfare advocates always like to use Buffett as a prototype for those who are targeted for tax hike soaking-those making 200K to a couple million a year. That is the main target of the obamatards.



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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Coronado View Post
    Taxation is not about what everyone should pay; it is about what amount the government needs to carry out it's essential functions. The idea that somehow people who have more should pay a higher percentage of it in taxes displays a total perversion of the idea behind taxes. The tax code is not a tool for implementing economic reform or equality, nor should it ever be.
    One of the most astute posts I have ever seen on DP.



  3. #133
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Lachean View Post
    I'm quite certain most CEO's agree that Police, Military and Law Courts are within the proper functions of government and would be more than willing to pay their fair share for THOSE services.
    I am an attorney. The poor use far more of the court system. Most of those in jail are poor. most of those victimized by criminals are poor. Do you know what it costs to keep one prisoner in a USP--30=50K a year. Sure, big corporations are in court-usually as defendants in suits brought by plaintiff's lawyers or engaged in company on company suits. But those pale in comparison to criminal cases. In our federal court in Cincinnati. the docket is usually 65-76% criminal. In county court its even higher

    While the police are a local government issue, the fact remains that the police spend most of their efforts on poorer areas. Wealthy areas don't have much crime or many police calls.



  4. #134
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by tlmorg02 View Post
    Of course it would be fair, but we would have to do away with loopholes and hideaways for money to be untaxed. That way if we all pay ten percent, for example a person making 40k would pay $4k and the wealthy man who makes 100million has to claim all 100million and pay his 10million.

    Oh, and why wouldn't they pay the majority of taxes? They control 90% of the wealth! Simple math understanding would show that the larger the number of monies controlled will inflate any amount paid even at low percentage rates.
    you seem confused. an income tax is a tax on income not wealth. The top 1% of American tax payers make 22% of the income and pay 40% of the Income taxes (and almost all the estate taxes btw) which means they are paying far more than their fair share even with all those loopholes the envious like to bray about

    you all tend to look at the uber wealthy and extrapolate what they do to the bulk of the high net tax payers-those in the 250K to 2 Million range. While those people are "comfortable" they certainly don't have the means to engage in the sort of tax avoidance the billionaires claim to be able to do.



  5. #135
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Johnny View Post
    I believe that sone people are just born smarter than others.

    I mean, Bush is a Yale graduate and he's a moron.
    that is a moronic statement. He might not speak well (I knew two Chess Grandmasters at Yale who had a hard time conversing with anyone but both had IQ's off the chart) but even former Dem white house counsel Lanny Davis admitted that Bush was extremely bright in several areas (just as there are many areas of athletic talent-quickness, balance, speed, and endurance)-there are many areas of intellect. Davis noted Bush was a genius when it came to figuring out what motivated a person. When he was pledging a frat at Yale, all of the prospective members gathered with upperclassmen at a party. Bush was able to name every man in the room and where they were from after only meeting them an hour before. There were over 50 people there.

    BTW Bush's IQ is reportedly higher than JFKs

    (and if anyone quotes that idiotic spoof Lovenstein institute they should be drawn and quartered)

    When Bush attended Yale, it was not uncommon for schools like Andover, Hotchkiss, St Pauls and Choate to send over half their graduates to Yale. Different prep schools fed different ivies. Groton and Middlesex tended towards Harvard, Andover, HOtchkiss and Choate-Yale, Episcopal Academy and Lawrenceville Princeton etc. Bush's admission to yale was neither irregular or out of the ordinary.



  6. #136
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by TurtleDude View Post
    I am an attorney. The poor use far more of the court system. Most of those in jail are poor. most of those victimized by criminals are poor. Do you know what it costs to keep one prisoner in a USP--30=50K a year. Sure, big corporations are in court-usually as defendants in suits brought by plaintiff's lawyers or engaged in company on company suits. But those pale in comparison to criminal cases. In our federal court in Cincinnati. the docket is usually 65-76% criminal. In county court its even higher

    While the police are a local government issue, the fact remains that the police spend most of their efforts on poorer areas. Wealthy areas don't have much crime or many police calls.

    Its truly sad that someone doesn’t use Effects (crime) to-cause (Poverty) reasoning
    Isn’t it?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  7. #137
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by TurtleDude View Post
    I am an attorney. The poor use far more of the court system. Most of those in jail are poor. most of those victimized by criminals are poor. Do you know what it costs to keep one prisoner in a USP--30=50K a year. Sure, big corporations are in court-usually as defendants in suits brought by plaintiff's lawyers or engaged in company on company suits. But those pale in comparison to criminal cases. In our federal court in Cincinnati. the docket is usually 65-76% criminal. In county court its even higher

    While the police are a local government issue, the fact remains that the police spend most of their efforts on poorer areas. Wealthy areas don't have much crime or many police calls.

    Because the poor resort to crime due to poverty and lack of opportunity. That's life.
    “The means of defense against foreign danger historically have become the instruments of tyranny at home."
    -James Madison

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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by donc View Post
    Its truly sad that someone doesn’t use Effects (crime) to-cause (Poverty) reasoning
    Isn’t it?
    why the straw man-the issue is not why people use government services but that they do

    the claim that the rich use more government services than the poor thus justifying outrageous tax bills on the rich is just plain Bull Crap.

    Why are people poor? its not the fault of the rich

    tell me why does a group that was subjected to 1000 or more years of bigotry and the worst genocide in known human history make up 2% of the US population yet produces over 15% of the students at the top universities and law schools and have at least 10% of teh senators in the USA?

    why have the children of the vietnamese refugees (AKA "boat people") featured more service academy valedictorians in the last 25 years than blacks have in 50 despite being a much smaller group?



    its truly sad that you cannot refute my point so you set up an idiotic strawman and attack it



  9. #139
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Johnny View Post
    Because the poor resort to crime due to poverty and lack of opportunity. That's life.
    poor life choices are as much a reason as Lack of opportunity

    doing drugs, getting knocked up at a young age or not attending school are major reasons that cause someone to be poor

    but again the issue is who uses government services not why and claiming the rich use more government services is pure BS



  10. #140
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    Re: CEOs lay off thousands, rake in millions

    I wonder if Wall-Street culture's needless extravagance enables its participants to have a fulfilling life.

    poor life choices are as much a reason as Lack of opportunity

    doing drugs, getting knocked up at a young age or not attending school are major reasons that cause someone to be poor

    but again the issue is who uses government services not why and claiming the rich use more government services is pure BS
    That depends on how you define 'service' and 'rich'.

    But to put in the simplest terms, society is held together by state-supported organizations (the military, the police, firemen, etc), organizations without which the commerce necessary to form a strong, corporation-hosting economy would not be possible. The wealthy have the biggest stake in the private capital protected by the state. If society fails and a poor man gets caught up in it, he can he move elsewhere and regain his losses, but it is unlikely a wealthy person would have the same opportunity. The wealthy are therefore more reliant on government services in the passive sense that they have a greater need for institutions like the police to deter and apprehend criminal threats to their assets.
    Last edited by Morality Games; 09-02-10 at 11:59 PM.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

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