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Thread: Census finds record gap between rich and poor

  1. #841
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by donc View Post
    A forty-cent Federal tax, in addition to state and local taxes, on a two-dollar loaf of bread would sure get the underachievers humping wouldn’t it?
    you favor the rich paying 40% rates



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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    you favor the rich paying 40% rates
    Frankly I think that we could get a better tax system then we have now. The one we have is just too damn confusing,I’m open to some kind of flat tax… with a lot of tinkering.

    There could be a ton of savings if we simplified it but what I have seen, imo of the so-called “fair tax” that is being touted, is anything but fair.
    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

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by ender1 View Post
    Since you have an issue with my quote for Trickle down I will use another. "Horse and sparrow", of course thats equally offencive.

    I do not beleive it is easy to start a business and make it successful. It is in fact very hard. I commend anyone who does it. I am a supporter of everyone opening up a business and beleive it is the true american dream. It is very difficult for anyone to make true wealth working for someone else. But, if you make 450k and complain about paying taxes when we are at historic lows then you come off sounding selfish. So here is a simple question. With a rising debt that is now over 13 trillion how would YOU pay for it?

    Your post after this one says "Macro Economics". It shows that you struggle with the concept of the issue. Your second quote from me was in regards to our current trade policy not trickle down economics. If you want to discuss that I will be happy to educate you.
    If I thought there were any chance in hell of any increased taxes being used to pay down the debt, I would be much less bitter about it. Who are you kidding?

    Yes, my quote from you was in regards to our current trade policy..."Whenever you have a high per capita income country trading with a low per capita income in a free trade system then things will try to ballance out. Jobs and income will flow from the wealthy country to the less wealthy one...."

    "Whenever you have a high income person trading with a low income person in a free trade system, then things will try to balance out. Jobs and income will flow from the wealthy person to the less wealthy one...." You're the one who called it macro economics. What's fundamentally different about this statement? Are you saying that private individuals and businesses behave more selfishly than politicians? I think you may be the one having some trouble with concepts.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by donc View Post
    A forty-cent Federal tax, in addition to state and local taxes, on a two-dollar loaf of bread would sure get the underachievers humping wouldn’t it?
    If your state and local authorities have a tax on bread, you should probably move. Who is advocating a 20% tax on bread?

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by phattonez View Post
    You're being disingenuous. I wasn't calling this country socialist. I was calling those programs socialist because their defense comes from socialist ideas.
    No, that is being disingenuous. No one we're talking about is socalist. Nor are their ideas. It is simply a poor scare tactic that isn't even orginal.


    Proof?
    History. Would you like to link you to a good history book?



    I don't care that both parties have socialist leanings.
    Neither have socalist leanings. Again, saying they do is nothing more than a very unoriganl and poor political tactic that shows a glaring ignorance of both socialism and history.

    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 FederalRepublic View Post
    If your state and local authorities have a tax on bread, you should probably move. Who is advocating a 20% tax on bread?
    I would suggest that you go back and read the threads that I was responding to. Starting at #838, then it might sink in. Then again,perhaps it won’t.
    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. #847
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Boo Radley View Post
    No, that is being disingenuous. No one we're talking about is socalist. Nor are their ideas. It is simply a poor scare tactic that isn't even orginal.
    The ideals of socialism are the failings of the capitalist system and the institution of top-heavy control to fix those problems and bring about a fairer distribution of resources. We have many programs that try to do this.


    History. Would you like to link you to a good history book?

    Prove that capitalism needs regulation, don't be vague.


    Neither have socalist leanings. Again, saying they do is nothing more than a very unoriganl and poor political tactic that shows a glaring ignorance of both socialism and history.
    Look at it more closely and the economic ideals are based on the very ideology.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by phattonez View Post
    The ideals of socialism are the failings of the capitalist system and the institution of top-heavy control to fix those problems and bring about a fairer distribution of resources. We have many programs that try to do this.
    That do what? Not following you.


    Prove that capitalism needs regulation, don't be vague.
    Wall Street ran riot, enthusing that the boom would never end and that share prices would never fall. Levels of debt, leverage and of so-called margin trading (buying shares with borrowed money) rose to astonishing levels - fuelling yet more demand and more confidence. But, partly because recession-hit Europe could not pay its international bills with the gold that was the anchor of the financial system and partly because the banks were overstretched, suddenly optimism turned to wariness - and then panic. Stocks were sold; depositors hoarded their cash; and banks toppled in the United States and Europe like ninepins.

    This was the father and mother of credit crunches. The US fell into depression - and Europe was not immune. Britain left the gold standard and launched the imperial preference system of tariffs for countries in the British empire.

    A short history of capitalism's rise and fall | Business | The Observer

    And so — here is the part libertarians will hate — markets, entirely of their own accord, will sometimes capsize and be unable to right themselves completely for years at a stretch. (See: Japan, “lost decade” of.) Nor can monetary policy be counted on to counteract markets’ tippy tendencies, as so many economists had come to believe.

    Alas, economists and policy makers got cocksure. They thought they had consigned depressions to history. As a result, they missed warning signs and failed to prepare for the worst. “We are learning,” Posner writes, “that we need a more active and intelligent government to keep our model of a capitalist economy from running off the rails.”

    http://www.nytimes.com/2009/05/17/bo...w/Rauch-t.html

    The trouble with capitalism: an ... - Google Books

    Capitalism - Wikipedia, the free encyclopedia


    I still recommend you get a good history book.



    Look at it more closely and the economic ideals are based on the very ideology.
    In partisan fanasty land.

    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.

  9. #849
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by hazlnut View Post
    Census finds record gap between rich and poor



    Even if the release of this was timed, it's still relevant to the midterms and taxes.

    Now is not the time to give an additional tax break to the wealthy and super-wealthy.
    So what is your solution? How about sending your entire paycheck to the govt. and let them send back to you what they think you need?

    Amazing how many people today demonize the rich as if they didn't earn the money. How many individual millionaires did rich enterprenuers( Bill Gates, Steve Jobs, etc) create vs how many individual millionaires has the govt. created?

    What a crock, penalize the rich as if that will make a difference to the trillions Obama has added to the debt. Typical liberal diversion to promote our Liar in Chief's agenda.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Conservative View Post
    So what is your solution? How about sending your entire paycheck to the govt. and let them send back to you what they think you need?

    Amazing how many people today demonize the rich as if they didn't earn the money. How many individual millionaires did rich enterprenuers( Bill Gates, Steve Jobs, etc) create vs how many individual millionaires has the govt. created?

    What a crock, penalize the rich as if that will make a difference to the trillions Obama has added to the debt. Typical liberal diversion to promote our Liar in Chief's agenda.
    The government creates a lot of millionaires. Look at my city-and this goes around the whole nation-my mayor gives construction jobs to her friends. Who then charge the city a large amount for the job being done even though it would not cost that by any other construction company. Then the mayor gets bribes from the job done and her friends all end up being rich.

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