As a wage earner, I never had a contract with most of my employers. There was 2 years as a contract employee while working at a nuclear power plant under construction, but MOST workers don't have contracts with their employers. Their union might, but union workers are a minority any more...
Oracle of Utah
Truth rings hollow in empty heads.
and raising taxes on the rich won't bring back jobs and of course the rich are going to whine-they are the ones targeted for massive tax increases
No they don't. I pay 30% of my income in taxes. The wealthy only pay 15% on theirs.the richest people pay higher percentages on their earned income as you do
Unearned income? So you're admitting the wealthy don't "earn" their income? On that I would agree since I earn my income, the wealthy make money off of me.the richest people pay at LEAST the same rate on unearned income as you do
Well, since the rich people didn't make the land, then they should pay for it. Why should they have land for free?the richest people pay estate taxes-you do not
You're not rich, so why are you whining? You're like the little man who lives in a trailer eating his pork and beans complaining the super rich aren't rich enough.so what are you whining about?
ah more envy-I see alot of this
you do realize that if someone is an investor the tax on investments goes from 15% to 39.6% which is more than a 100 percent increase in the amount of taxes they will pay
are you willing to pay 39.6% of your income to federal income taxes (not counting all the other taxes)
if not you a hypocrite
Land for free-WHAT MORONIC BS--estate taxes don't deal just with land-this has to be the stupidest thing I have seen on this board
you t hink an ESTATE TAX IS A TAX ON LAND OWNERSHIP
HOw do you know what I am worth-I paid over 300K in federal taxes last year
But if you need me to be more specfiic I will.
Joe Smith needs a job. Joe is qualified to work in manufacturing but Joe's job was shipped overseas to China and the cost to ship the manufacturing equipment there and invest in a new plant was paid for by a tax cut. The company that outsourced his job will save a ton of money on labor because it can higher 10 Chinamen for what they were paying Joe. His job probably would not have been lost had the policy been for the business to write off its capital investments in America instead of being given a tax cut which they could use to invest overseas.
Joe is one of many unemployed people due to outsourcing paid for by tax cuts. However, Joe is also a responsible tax payer. When a Wall Street corproation that was deemed to be "too big to fail" was going to declare bankrupcy, the government decided to bail them out. When Joe gets a job, his tax dollars are going to pay for the mulitmillion dollar golden parachutes of the CEOs as well as to pay the salaries of many of the irresponsible wealthy people who put the corporation in that place to begin with. Joe and millions of people like him are doing their part to keep the rich on top for the sake of jobs that will likely be outsourced overseas.
Becasue so many people are unemployed, Joe is competeing for jobs that pay much lower than his last job. And since so many people are desparate for work they are willing to work for low wages. Since the manufacturing industry is sinking, Joe has to go work in the Service industry which has considerably lower paying jobs. He ends up at McDonalds. Joe plans to save up some money so he can look for a job, but Joe gets sick. Suddenly his McDonald's wages are not enough to cover his medical expenses. He become indebted to the hospital and can't save any money as he pays off his bills. Joe must continue to work at McDonalds to just get by. He has become a member of the working poor.
When Joe does get an opportunity to get a better job, nobody will hire him because he worked at McDonalds for so long. Joe is out of luck. He isn't even making enough money to save for retirment. However, if he wants to change jobs he certainly can. Many of the companies are using their tax cuts to create more low wage jobs since there are people who will work them. He could move laterally from working at McDonalds to working at KFC.
Joe will also be helping pay for the tax cut that lost him his job and that has kept him in low wage jobs. The government had to borrow 700 billion to pay for it so a small amount of that will come out of Joe's paycheck. Joe is all the more poor and the wealthy are all the more rich.
Last edited by CriticalThought; 09-28-10 at 10:21 PM.
another bit of idiocy
Moot claimed that she paid 30% on her income and the rich only pay 15%
that is moronic because
1) lots of rich people are rich due to salary-most of those making over 200K a year have substantial salary income in their total income.
2) those who earn dividend income not only pay 15% on that when it comes to them, that dividend income was already taxed as corporate profits already meaning they have paid far more than 15% on it
between that and the propane leaks, it is no wonder so many of those trailers burn to the ground...
One of my siblings lives in one....
As poor as he is, he still pays a higher percentage on his income than the rich who don't produce anything, just live on investment income.
Oracle of Utah
Truth rings hollow in empty heads.