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Thread: Census finds record gap between rich and poor

  1. #311
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    math is your friend. use it

    every dollar in tax breaks given to the billionaires is another dollar which will need to be borrowed (probably from the chinese - only to be paid back by our children)
    so pick your poison, either give the billionaires tax breaks or tax them equitably and diminish the amount of deficit borrowing
    only one of those choices is fiscally responsible. from your posts i don't think you will be able to distinguish which one that is
    Common sense is your friend, use it.

    If you don't have the money to spend, then don't borrow it so you can.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Census finds record gap between rich and poor

    I would like to see the libs get their dream come true and have "the rich" be taxed equitably. They would **** their pants screaming and crying. "the rich" already pay a greater % of their income in taxes than do any other group. what the hell is "equitable" about that?

    I just wish for once the libtards would be honest and admit that what they really want is for "the rich" to be taxed punitively
    The best argument against democracy is a five-minute conversation with the average voter.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by OscarB63 View Post
    I would like to see the libs get their dream come true and have "the rich" be taxed equitably. They would **** their pants screaming and crying. "the rich" already pay a greater % of their income in taxes than do any other group. what the hell is "equitable" about that?

    I just wish for once the libtards would be honest and admit that what they really want is for "the rich" to be taxed punitively
    The hell of it is that the rich will never be taxed equally because they can afford the services of people who spend all day, every day looking for ways to shelter the assets of those said rich, and no law that could ever be passed would prevent that from happening.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Coronado View Post
    The hell of it is that the rich will never be taxed equally because they can afford the services of people who spend all day, every day looking for ways to shelter the assets of those said rich, and no law that could ever be passed would prevent that from happening.

    and yet they somehow still pay more $$$ in taxes than everyone else combined.
    The best argument against democracy is a five-minute conversation with the average voter.

    An appeaser is one who feeds a crocodile, hoping it will eat him last.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Common sense is your friend, use it.

    If you don't have the money to spend, then don't borrow it so you can.
    so, if we do not have the money to spend and we recognize we cannot afford to give billionaires tax breaks - unless we borrow the money necessary to offset those tax concessions - then it makes no sense to offer up those tax breaks. that assumes we do want to be fiscally responsible, and not just talk about it

    do the math. see for yourself
    we are negotiating about dividing a pizza and in the meantime israel is eating it
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Coronado View Post
    The hell of it is that the rich will never be taxed equally because they can afford the services of people who spend all day, every day looking for ways to shelter the assets of those said rich, and no law that could ever be passed would prevent that from happening.
    Which goes even farther to show the idiocy of the redistribution of wealth crowd. The harder that the wealth redistributers work to take rich folks's money, the harder the rich folks are going to work to work the system and hide their money.

    If I made a million dollars a year, I would gladly pay CPA 100,000 of it to hide most of the other 900,000.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    so, if we do not have the money to spend and we recognize we cannot afford to give billionaires tax breaks - unless we borrow the money necessary to offset those tax concessions - then it makes no sense to offer up those tax breaks. that assumes we do want to be fiscally responsible, and not just talk about it

    do the math. see for yourself
    Running a government is like running a business. If your business revenues $1,000, you can't turn around and spend $2,000 and expect to stay in business. There is the option of raising the price per unit on your product, to meet the $1,000 deficit you've created, but the danger of that is, you may price yourself out of business, creating an even bigger deficit, or having to declare bankruptcy and close the doors all together.

    Like I say, common sense.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by OscarB63 View Post
    and yet they somehow still pay more $$$ in taxes than everyone else combined.
    Bleed as much for them as I am angry at those who pay less than I do. Meaning not at all.

    Anyway, you would be hard pressed to find many countries that don't have a progressive tax. Progressive taxes are very common and not new. And compared to some of the rates in our past, 39% is hardly oppressive.

    Top US Marginal Income Tax Rates, 1913--2003 (TruthAndPolitics.org)

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Running a government is like running a business. If your business revenues $1,000, you can't turn around and spend $2,000 and expect to stay in business. There is the option of raising the price per unit on your product, to meet the $1,000 deficit you've created, but the danger of that is, you may price yourself out of business, creating an even bigger deficit, or having to declare bankruptcy and close the doors all together.

    Like I say, common sense.
    thanks for your example. let's examine it


    let's let the revenues be $1,000 as you have expressed
    and recognize that $2,000 will be spent
    unless this is an infrequent, short term abberation, then the entity is destined for its demise due to the recurring deficit spending

    but a smart business owner shows up and recognizes the $1,000 in revenues has resulted because the market price of $2,000 has not been charged for the goods/services provided. and now turns the company around by charging the true value that is due
    $2,000 revenues results, offset by the same $2,000 expenses. the business remains solvent

    in this example, the new, savvy business owner recognized that there was no need to discount the billionaire buyers because he was in no position to do so

    again, thanks for your example
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    thanks for your example. let's examine it


    let's let the revenues be $1,000 as you have expressed
    and recognize that $2,000 will be spent
    unless this is an infrequent, short term abberation, then the entity is destined for its demise due to the recurring deficit spending

    but a smart business owner shows up and recognizes the $1,000 in revenues has resulted because the market price of $2,000 has not been charged for the goods/services provided. and now turns the company around by charging the true value that is due
    $2,000 revenues results, offset by the same $2,000 expenses. the business remains solvent

    in this example, the new, savvy business owner recognized that there was no need to discount the billionaire buyers because he was in no position to do so

    again, thanks for your example
    And, what if $2,000 is more than what the market can bare? Then what?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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