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Thread: Obama to call for middle class tax cut extension

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by TurtleDude View Post
    envy is quite evident in the posts that whine about people with "silver spoons" and such

    do you think people really believe your comments that the rich should be on their knees begging to keep what they have made was inspired by something else?
    You confuse me with somebody who give a tinkers damn about what people BELIEVE.
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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by ttwtt78640 View Post
    The "final solution" is to get about 60% of the voters paying little or no FIT, thus all FIT increases effect only the tiny (but vocal) minority that actually must pay FIT, which has no real chance of convincing the majority, that get ever more free stuff, that it is wrong to take their "fair share" of the nation's vast wealth for proper redistribution. Yes they can!
    And what share of this "free stuff" are you taking? What share do you qualify for?

    If the answer to both is zero then you are either Rich or a liar - which is it?
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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by MoSurveyor View Post

    No economics thread would be complete if TD didn't play the Envy Card!
    And do not forget the ever useful "teat suckers"!!!!!!
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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Somerville View Post
    You really should read a bit more of your links and a bit about the author of the linked article. Prof Reinhardt says the primary reason for the high cost of healthcare in America is administrative costs, which at present take 24%+ of every dollar spent. This is twice the rate spent in Canada, yet those who oppose Obamacare have complained about the 20% maximum administration rate in the plan because it takes money away from investors.

    OnPBS's Frontline show, Prof Reinhardt said that if administrative costs were cut in half, down to Canada's rate, enough money would be saved to pay for all of the uninsured.
    Do the administrative costs come from compliance with the vast numbers of government rules and regulations?

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Somerville View Post
    A small redo of the comment that I think more accurately reflects reality

    Yes, doctors offices and hospitals need a whole administrative staff to keep up with and make sure they are following all the red tape that INSURANCE COMPANIES laid upon them. And yet people think it is ONLY Private businesses that are the answer, when they have mostly been the problem.


    also, one's political bias does tend to make one post silly comments: "Administrative costs" in this instance are primarily those of the insurance industry, 22-25% of total cost of private insurance. In contrast, government-funded health care, VA, Medicare, Medicaid, administrative costs run between 3% and 7%
    I bet if one dug just a bit the insurance administrative costs are a result of them having to comply with massive numbers of government rules and regulations.

    The busybody bureaucrats create a problem with their rules and regulations on private companies and then come to the rescue. Convenient?

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by MoSurveyor View Post


    That's gets 3/3 on the laugh meter!
    Why is that?

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Somerville View Post
    How many "family farms" are worth $10 million dollars? This is an argument that has been used against "death taxes" since the beginning of the debate and yet so far not one example of a forced farm sale has been found.
    As long as we are all about class warfare maybe we need a different kind of tax. How about the billionaires tax where upon death, foundations or not, one half of their wealth will be stolen by the government not for its purposes but to be given to 10,000 randomly selected taxpaying citizens?

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by haymarket View Post
    The really pathetic thing to witness is the sycophants and toadies of the wealthy suck up to them against their own economic and political interests.

    I had a prof in college who once asked what the fundamental difference was between a man and a dog? He told this story so we could figure it out:

    Back in the days of kings and queens and medieval kingdoms the titled and rich used to hold lavish banquets at their castles involving the other swells to gorge themselves on food and drink for days at a time. And European manners being rather primitive, they would bring their dogs with them who would hang out under the massive table hoping for scraps and bones. Now some of these dogs were a bit faster and quicker than others and some learned quickly which noble threw the meatiest bone and learned to hang out at their feet. And some dogs ate very well at the expense of others who did not eat very well.

    But at the end of the night, not one of those dogs - even the most well ged and quickest among them - believed for a second that they were one of the nobles and jumped up on the table to take a seat.

    And that in a nutshell is the difference between men and dogs. Some men do not have the good sense that nature or God gave animals.
    That is really an incredibly dumb analogy. Comparing the rich of today with the rich of the Dark Ages is just plain ignorant.

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Fletch View Post
    That is really an incredibly dumb analogy. Comparing the rich of today with the rich of the Dark Ages is just plain ignorant.
    Rich is rich is rich. No matter in what era of history you lived in.

    And not rich is not rich is not rich. No matter what era of history you lived in.

    Just plain ignorant seems to describe what you wrote. The prof was saying that people fool themselves into believing that they can identify with the rich when they are clearly not rich.

    Apparently your skills in obtaining the lesson from a parable are sorely out of shape.

    But I can see why a right libertarian would hate it.
    Last edited by haymarket; 07-29-12 at 08:18 PM.
    __________________________________________________ _
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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Somerville View Post
    Which would you rather have as income - 60% of $1,000,000 or 97% of $20,000?
    We do get to choose our income levels. I prefer more. That is why I prepared myself to benefit the company I work for more...

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