View Poll Results: What should be done to battle income inequality in the USA?

Voters
92. You may not vote on this poll
  • Do not intervene

    47 51.09%
  • Yes, do intervene

    45 48.91%
Page 53 of 101 FirstFirst ... 343515253545563 ... LastLast
Results 521 to 530 of 1006

Thread: Income Inequality

  1. #521
    I am the pretty one.
    TobyOne's Avatar
    Join Date
    Jun 2014
    Last Seen
    Today @ 10:54 PM
    Lean
    Undisclosed
    Posts
    3,320

    Re: Income Inequality

    Increasing taxes on capital gains will decrease investment in financial assets and depress stock prices. Depending on severity this could be disastrous for pension funds which are hiding their liabilities by assuming unreasonable gains in the market. As an aside, I believe this is also why the FED is propping up the markets through easing. The impact of lower market returns on 401ks is obvious

    Same as investing in capital. Why would companies invest in capital improvements, factories etc if their gains are taxed at a higher rate? Capital will flow to more lucrative markets. The other thing about capital that is often overlooked is internal capitalized labor. Assets created by internal capitalized labor are treated as capital. So a new computer system and the cost of all the programmers and engineers used to create the asset are treated as capital costs. Also, the disposition of the asset (depreciation) is included in capital gains calculations.

    Of course, if you consider corporate taxes as taxation on capital (in the context of taxing capital instead of taxing labor) then the run for the border is more obvious.

    Quote Originally Posted by rabbitcaebannog View Post
    How is that going to negatively impact retirement accounts? Capital gains outside of retirement accounts are significantly lower and that is where the problem lies. Also, do you have proof production will go overseas due to higher long term capital rates?

  2. #522
    Professor
    Join Date
    Sep 2014
    Last Seen
    01-14-15 @ 04:51 PM
    Gender
    Posts
    1,401

    Re: Income Inequality

    Quote Originally Posted by gdgyva View Post
    There ought to be a rule on the webzine that all liberals already understand the following

    The mentally and physically handicapped, who cannot help themselves will always be a ward of the state

    And because of that, will always be cared for by the state

    Everyone else...and I mean everyone else...can improve themselves, and learn more

    You need an eight iq to be a plumbers apprentice and make 16 bucks an hour

    Trades can be learned by even those with less than average intelligences
    As a person with a high IQ that has done trades that's simply untrue. Some are too dumb believe it or not.

    16 bucks an hour is just over a living wage.... A plumbers assistant should make more...

    Wards of the state? What so you would put them in a asylum or something? Yea because that works sooooo well...

    Cons should stop hating their fellow humans

  3. #523
    Sage
    gdgyva's Avatar
    Join Date
    Jun 2014
    Location
    Twinsburg Ohio
    Last Seen
    Today @ 11:23 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    5,959

    Re: Income Inequality

    Quote Originally Posted by Gimmesometruth View Post
    Except that most worker are overqualified for their position, productivity has continuously increased, but compensation has not.
    Everyone of my employees are making more now than 3 or 5 years ago

    Why?

    Because in my place, you grow or you die.....and I don't keep deadwood around

    Maybe it's not the economy, and not business in general....maybe it just is you guys

    Ever think of that?

    Learning new skills makes you more valuable....value increases your wage....win for you, and win for your employer
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

  4. #524
    I am the pretty one.
    TobyOne's Avatar
    Join Date
    Jun 2014
    Last Seen
    Today @ 10:54 PM
    Lean
    Undisclosed
    Posts
    3,320

    Re: Income Inequality

    Quote Originally Posted by b_dubz View Post
    Conservative ideals are anti ppl. This country has gone so far to the right its absurd.

    Liberalism is dead Obama and Clinton proved that.
    And anti-kitten. All part of their WAR ON PETS, CHILDREN AND ANYTHING GOOD


  5. #525
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 11:24 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,750

    Re: Income Inequality

    Quote Originally Posted by jet57 View Post
    And how do American workers do that? Lower their wage demands? Make themselves as cheap as possible?
    get better educated



  6. #526
    Sage
    rabbitcaebannog's Avatar
    Join Date
    Jun 2013
    Location
    Massachusetts
    Last Seen
    12-09-17 @ 08:35 PM
    Gender
    Lean
    Other
    Posts
    10,918

    Re: Income Inequality

    Quote Originally Posted by TobyOne View Post
    Increasing taxes on capital gains will decrease investment in financial assets and depress stock prices. Depending on severity this could be disastrous for pension funds which are hiding their liabilities by assuming unreasonable gains in the market. As an aside, I believe this is also why the FED is propping up the markets through easing. The impact of lower market returns on 401ks is obvious

    Same as investing in capital. Why would companies invest in capital improvements, factories etc if their gains are taxed at a higher rate? Capital will flow to more lucrative markets. The other thing about capital that is often overlooked is internal capitalized labor. Assets created by internal capitalized labor are treated as capital. So a new computer system and the cost of all the programmers and engineers used to create the asset are treated as capital costs. Also, the disposition of the asset (depreciation) is included in capital gains calculations.

    Of course, if you consider corporate taxes as taxation on capital (in the context of taxing capital instead of taxing labor) then the run for the border is more obvious.
    I'm waiting for your evidence.

  7. #527
    Sage
    Gimmesometruth's Avatar
    Join Date
    Feb 2012
    Location
    US Southwest
    Last Seen
    09-13-17 @ 10:22 AM
    Gender
    Lean
    Liberal
    Posts
    22,405

    Re: Income Inequality

    Quote Originally Posted by gdgyva View Post
    Everyone of my employees are making more now than 3 or 5 years ago

    Why?

    Because in my place, you grow or you die.....and I don't keep deadwood around

    Maybe it's not the economy, and not business in general....maybe it just is you guys

    Ever think of that?

    Learning new skills makes you more valuable....value increases your wage....win for you, and win for your employer
    Applying personal anecdotal tales...to a macro question....is full of pitfalls.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  8. #528
    Banned
    Join Date
    Mar 2010
    Last Seen
    07-19-17 @ 03:51 PM
    Gender
    Lean
    Libertarian
    Posts
    60,458

    Re: Income Inequality

    Quote Originally Posted by b_dubz View Post
    Ummmmmm yea if your sick and can't get help you will not be reasonably comfortable.

    And no that's straight out the dictionary. Fair has to do with standards.

    Why do cons hate other ppl so much? Why u guys so greedy you do not wanna give anything back to the society that without which you never would have attained so much?

    You guys even wanna get rid of programs that allot of you used at one point or another...

    Smh
    There is no such thing as an objective standard on what is fair and what is not fair. What is fair is up to personal opinion and something people will commonly disagree on. It is many ways a necessary disagreement for politics to even exist in the first place.

  9. #529
    I am the pretty one.
    TobyOne's Avatar
    Join Date
    Jun 2014
    Last Seen
    Today @ 10:54 PM
    Lean
    Undisclosed
    Posts
    3,320

    Re: Income Inequality

    Would you demand evidence if I told you that demand for apples would go down if the price of apples went up?

    Quote Originally Posted by rabbitcaebannog View Post
    I'm waiting for your evidence.

  10. #530
    Sage
    Gimmesometruth's Avatar
    Join Date
    Feb 2012
    Location
    US Southwest
    Last Seen
    09-13-17 @ 10:22 AM
    Gender
    Lean
    Liberal
    Posts
    22,405

    Re: Income Inequality

    Quote Originally Posted by TurtleDude View Post
    get better educated
    It found that nearly 1 out of 2 Americans with college degrees are working at jobs they're overqualified for. While less than 5 percent of retail sales clerks had college degrees in 1970, the study found that 25 percent did in 2010. And 15 percent of taxi drivers were college grads in 2010, versus just 1 percent in 1970.

    Despite the slowly improving labor market, the trend is likely to continue for new grads. "It's almost the new normal," Richard Vedder, an Ohio economist and an author of the study, told USA Today.

    The reason: The number of people with bachelor's degrees is growing at a rate that exceeds the creation of jobs demanding college degrees. Using 2010 Labor Department data, Vedder found that the number of college graduates was 41.7 million -- while just 28.6 million jobs required a college degree.

    Only about half of the jobs lost during the Great Recession have been recovered, and according to an analysis by The Associated Press, many of the good, middle-class jobs won't be coming back, due to new technology. About half of the lost jobs were in mid-paying industries, and Moody's Analytics, a research firm, says only 2 percent of the 3.5 million jobs created in recent years are in that category.

    Nearly Half Of College-Educated Workers Are Overqualified For Their Jobs
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

Page 53 of 101 FirstFirst ... 343515253545563 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •