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Income Inequality

What should be done to battle income inequality in the USA?

  • Do not intervene

    Votes: 39 53.4%
  • Yes, do intervene

    Votes: 34 46.6%

  • Total voters
    73
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.
 
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.
 
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.
 
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
 
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.
No its not. Fair is a standard that puts everybody on a level playing feild, and stops people from going hungry, having lack of shelter, or other basic human rights. Its not objective at all.
And anti-kitten. All part of their WAR ON PETS, CHILDREN AND ANYTHING GOOD

h53BEDDAD
Well seeing as you usually believe in huge factory farms for animals, that's actually kinda true...

And yea neocons are basically anti anything good and are simply greedy.
 
No its not. Fair is a standard that puts everybody on a level playing feild, and stops people from going hungry, having lack of shelter, or other basic human rights. Its not objective at all.

Well seeing as you usually believe in huge factory farms for animals, that's actually kinda true...

And yea neocons are basically anti anything good and are simply greedy.

what is a neocon in your mind?
 
that really is not true in this nation
If you think that your simply uneducated on the topic.

I know plenty of kids with high school diplomas that cannot read write or do simple math (like equations, or fractions)

Their schools failed them regardless of them trying to get a education.
 
Yeah, its called "Economics". They teach it in college, I hear.


You're throwing stuff against a wall to see what sticks. I'll wait for your evidence.
 
If you think that your simply uneducated on the topic.

I know plenty of kids with high school diplomas that cannot read write or do simple math (like equations, or fractions)

Their schools failed them regardless of them trying to get a education.

they general fail themselves
 
I often supp on the tears of children. And I fill my pool with hundreds of bottles of bottled water that I stole from Planned Parenthood clinics.



No its not. Fair is a standard that puts everybody on a level playing feild, and stops people from going hungry, having lack of shelter, or other basic human rights. Its not objective at all.

Well seeing as you usually believe in huge factory farms for animals, that's actually kinda true...

And yea neocons are basically anti anything good and are simply greedy.
 
No its not. Fair is a standard that puts everybody on a level playing feild, and stops people from going hungry, having lack of shelter, or other basic human rights. Its not objective at all.

That is not any better or factual than the old socialist standard.
 
That is not any better or factual than the old socialist standard.
Yea fair is human rights for all... And you call that socialism? You apparently don't know what socialism is...

I actually do believe in a mixed market economy with a slight towards socialism...

God I'm sick of ppl miss defining socialism!
 
Yea fair is human rights for all... And you call that socialism? You apparently don't know what socialism is...

How are we talking about human rights?

I actually do believe in a mixed market economy with a slight towards socialism...

God I'm sick of ppl miss defining socialism!

So basically you believe in socialist ideas. How was I wrong again when I said just as much?
 
How are we talking about human rights?



So basically you believe in socialist ideas. How was I wrong again when I said just as much?

Because socialism is a form of economy....

Human rights is well, human rights... Their very different things...

Human rights is the right to education, food, water, shelter, clothes, etc... Every human has a right to these things regardless of economic structure....
 
Oh, what was your argument again ?
Fair would be a standard of a level playing field where ppl don't starve, and have access to basic human rights...

Why dont you just read what i wrote?
 
Because socialism is a form of economy....

Do you not want to put socialist ideas into the economy?

Human rights is well, human rights... Their very different things...

Human rights is the right to education, food, water, shelter, clothes, etc... Every human has a right to these things regardless of economic structure....

If you can obtain those things on your own accord or on the agreement of others, then yeah, you have a right to them.
 
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