View Poll Results: Do The Rich Pay Too Much Income Taxes

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  • Yes

    38 33.93%
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    72 64.29%
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Thread: Do The Rich Pay Too Much Federal Income Taxes

  1. #371
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    Glen Contrarian's Avatar
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by ttwtt78640 View Post
    Actually the "living wage" concept could depend upon lots of things but most include the number of dependents (like the federal poverty level) and cost of living (locality pay adjustment).
    True. The only reason I was leaving out the number of dependents is to simplify things - that would open up a whole new can of worms...and I ain't enough of a fisherman to have any use for all those worms.
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  2. #372
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Glen Contrarian View Post
    So in your eyes the Australian economy's about to go down the tubes? Hm. How many recessions have they been through in the past twenty years? ZERO. How many have we been through? Two...including one that was the worst since the Great Depression. So our oh-so-great capitalist system doesn't have a whole lot of room to talk, does it?
    For those who don't make excuses, I'd suggest they would cheer our capitalist system. For those who demand others think for them, perhaps not.

    So, I guess people have a decision to make, move to Australia, or get off your ass and get busy.

    BTW, there are more people living in Southern California, than live in all of Australia, so the apples your trying to compare are looking like lemons.

    Here is a chart from the Royal Bank of Australia. Kind of a roller coaster I'd say...
    Attached Images Attached Images Do The Rich Pay Too Much Federal Income Taxes-sp-gov-150508-graph3-small-gif 

  3. #373
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by tres borrachos View Post
    If you make $1 an hour today, and your boss raises it to $2 an hour, that's a 100% wage hike. Does that mean your boss is paying you a living wage because he's given you a better than "slightly" raise?
    Last year my oldest son's fiance (it's been a six-year courtship) was making slightly over $2 a day. Even in the Philippines that's not a living wage.

    Your question, though, makes little sense. It's not a logical question. It's sorta like asking if climbing from one molehill to another (doubly-tall) molehill is somehow as good as going from a foothill of a mountain to a point 50% higher up that mountain...

    ...and like your question, comparing molehills to mountains simply doesn't work.
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

  4. #374
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by ocean515 View Post
    For those who don't make excuses, I'd suggest they would cheer our capitalist system. For those who demand others think for them, perhaps not.

    So, I guess people have a decision to make, move to Australia, or get off your ass and get busy.

    BTW, there are more people living in Southern California, than live in all of Australia, so the apples your trying to compare are looking like lemons.

    Here is a chart from the Royal Bank of Australia. Kind of a roller coaster I'd say...
    Now compare that long-term growth to America's.
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

  5. #375
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Glen Contrarian View Post
    Last year my oldest son's fiance (it's been a six-year courtship) was making slightly over $2 a day. Even in the Philippines that's not a living wage.

    Your question, though, makes little sense. It's not a logical question. It's sorta like asking if climbing from one molehill to another (doubly-tall) molehill is somehow as good as going from a foothill of a mountain to a point 50% higher up that mountain...

    ...and like your question, comparing molehills to mountains simply doesn't work.
    An increase from $10 an hour to $15 an hour, in your estimate, was a good increase because it's a 50% increase.

    I showed you that the percentage of increase is irrelevant.

    "Living wage" sounds good, Glen, but in reality, you really can't define it, and apply it.

  6. #376
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by tres borrachos View Post
    An increase from $10 an hour to $15 an hour, in your estimate, was a good increase because it's a 50% increase.

    I showed you that the percentage of increase is irrelevant.

    "Living wage" sounds good, Glen, but in reality, you really can't define it, and apply it.
    Again, you're essentially saying that a difference in molehills makes the difference in mountains irrelevant. And I never claimed to define a living wage - I'm not an economist. But I do know that such can be done - just because America hasn't done something before doesn't mean that it can't be done or shouldn't be done.
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

  7. #377
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Glen Contrarian View Post
    True. The only reason I was leaving out the number of dependents is to simplify things - that would open up a whole new can of worms...and I ain't enough of a fisherman to have any use for all those worms.
    The "living wage", as opposed to a minimum wage, is a can of worms anyway. Its biggest problem is that a "living wage" violates the equal pay for equal work idea. If an employer has two qualified applicants (for a single position) but must pay one more then who would be more likely to get the job?
    The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man. ― George Bernard Shaw, Man and Superman

  8. #378
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by Glen Contrarian View Post
    Again, you're essentially saying that a difference in molehills makes the difference in mountains irrelevant. And I never claimed to define a living wage - I'm not an economist. But I do know that such can be done - just because America hasn't done something before doesn't mean that it can't be done or shouldn't be done.
    Well, Glen, you posted more than once that people should be paid a "living wage". If you don't know in your mind what exactly it is, how can you ask for it?

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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by ttwtt78640 View Post
    The "living wage", as opposed to a minimum wage, is a can of worms anyway. Its biggest problem is that a "living wage" violates the equal pay for equal work idea. If an employer has two qualified applicants (for a single position) but must pay one more then who would be more likely to get the job?
    Pick me! Can I answer this one??

  10. #380
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    Re: Do The Rich Pay Too Much Federal Income Taxes

    Quote Originally Posted by ttwtt78640 View Post
    The "living wage", as opposed to a minimum wage, is a can of worms anyway. Its biggest problem is that a "living wage" violates the equal pay for equal work idea. If an employer has two qualified applicants (for a single position) but must pay one more then who would be more likely to get the job?
    Earlier in the conversation I pointed out that IMO a living wage should be defined as the amount it takes to feed, clothe, and shelter four people - an adult couple with two children. One could say that this is in effect a minimum wage that would be set for local conditions. This would not violate 'equal pay for equal work'.
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

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