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Old 04-27-2013, 09:45 AM
 
Location: The place where the road & the sky collide
21,873 posts, read 27,138,998 times
Reputation: 8943

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Quote:
Originally Posted by J. Pederman View Post
Announcing it as a Friday evening news dump doesn't help matters either.
It would have been less obvious if McCroy would have kept one Democrat & one Republican who are experienced. The clean sweep is the flag.
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Old 04-27-2013, 10:33 AM
 
Location: Lake Norman Area
1,472 posts, read 3,660,674 times
Reputation: 1233
Quote:
Originally Posted by Randomstudent View Post
Of course. McCrory is afraid of this.

RALEIGH: McCrory names all-new elections board panel as probe into contributions begins | Politics | NewsObserver.com

I mean who wouldn't appoint a new board if they could when said board is looking into $230,000 of illegally laundered contributions some of which went through their former lobbying firm and to their governorship campaign.

Dumb and corrupt...what a combo.
Yeah ok....ever heard of Jim Black? Mike Easley? Bev Perdue? All NC Democrats that have either been investigated, charged, or have close aides tied to corruption?
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Old 04-27-2013, 10:36 AM
 
Location: NC
10,005 posts, read 8,996,488 times
Reputation: 3073
Quote:
Originally Posted by Carolina_native View Post
Yeah ok....ever heard of Jim Black? Mike Easley? Bev Perdue? All NC Democrats that have either been investigated, charged, or have close aides tied to corruption?
So that makes GOP corruption good?

I guess corruption is OK if you are a Republican.
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Old 04-27-2013, 10:47 AM
 
Location: Lake Norman Area
1,472 posts, read 3,660,674 times
Reputation: 1233
Corruption is always bad.

But it does nothing to romanticize the days of Democrat domination in this state when they had much more documented cases of ethics violations.
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Old 04-27-2013, 10:58 AM
 
12,578 posts, read 13,256,462 times
Reputation: 8896
Quote:
Originally Posted by hartford_renter View Post
Maybe they will also cut spending. Also you have to figure that about 45% of the population doesn't work and the ones making less than 15K don't pay anything.

So it just will shift the taxes to those who aren't paying anything.

My point is its good for those with a job and bad for the moochers who don't pay anything. Simple math and I'm in favor because I have a job.

I'm tired of supporting people who don't pay their fair share!
Forty-five percent of the population doesn't work? Got that from the Romney campaign did you? You do realize he lost. Yes?
You wouldn't mind closing loopholes that allow the wealthy to pay less tax than you?

Quote:
Originally Posted by ClevelandMike View Post
Why don't we get the poor people out of poverty instead of devising ways of keeping them in poverty?
In a capitalist economy someone has to be poor, what you are speaking of is a socialist economy.
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Old 04-27-2013, 12:10 PM
 
1,679 posts, read 2,568,661 times
Reputation: 1292
Quote:
Originally Posted by WFW&P View Post
Forty-five percent of the population doesn't work? Got that from the Romney campaign did you? You do realize he lost. Yes?
You wouldn't mind closing loopholes that allow the wealthy to pay less tax than you?


In a capitalist economy someone has to be poor, what you are speaking of is a socialist economy.
The rate is actually not 45% its over 50%

About 64% of the population is employed. This includes only people aged 16 - 65.

https://en.wikipedia.org/wiki/Labor_force

The percent of the population over 65 is about 13%, the amount below 14 is about 20%.

Demographics of the United States - Wikipedia, the free encyclopedia

If you assume the population of the US is around 310 Million people

0.64 = x / 310 Million * (1-.2 - .13)

x = 133 Million are employed

worker ratio = 133 Million / 310 Million = 43%

You would need to raise the sales tax to 6.5% to eliminate the income tax according to this article.

North Carolina Mulls Taxing The Poor To Pay For Tax Cuts For The Rich | ThinkProgress

Seems like a sweet deal to me and other people who work for a living.
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Old 04-27-2013, 04:37 PM
 
12,578 posts, read 13,256,462 times
Reputation: 8896
Quote:
Originally Posted by hartford_renter View Post
The rate is actually not 45% its over 50%

About 64% of the population is employed. This includes only people aged 16 - 65.

https://en.wikipedia.org/wiki/Labor_force

The percent of the population over 65 is about 13%, the amount below 14 is about 20%.

Demographics of the United States - Wikipedia, the free encyclopedia

If you assume the population of the US is around 310 Million people

0.64 = x / 310 Million * (1-.2 - .13)

x = 133 Million are employed

worker ratio = 133 Million / 310 Million = 43%

You would need to raise the sales tax to 6.5% to eliminate the income tax according to this article.

North Carolina Mulls Taxing The Poor To Pay For Tax Cuts For The Rich | ThinkProgress

Seems like a sweet deal to me and other people who work for a living.
The rate is over 50% now? Your own math disputes that.
Understand by taxing the poor means they will spend less money by going without out or digging deeper for bargains which, means less tax revenue. Furthermore, the wealthy will be putting more in their pockets due to reduced income & corporate taxes because 6.5% on $100 worth of groceries or clothes is the same no matter how you shake it out. The only time the wealthy will contribute more is when purchasing large ticket luxury items.

Last edited by WFW&P; 04-27-2013 at 04:46 PM..
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Old 04-27-2013, 08:22 PM
 
11,820 posts, read 21,388,542 times
Reputation: 11517
Quote:
Originally Posted by WFW&P View Post
The rate is over 50% now? Your own math disputes that.
Understand by taxing the poor means they will spend less money by going without out or digging deeper for bargains which, means less tax revenue. Furthermore, the wealthy will be putting more in their pockets due to reduced income & corporate taxes because 6.5% on $100 worth of groceries or clothes is the same no matter how you shake it out. The only time the wealthy will contribute more is when purchasing large ticket luxury items.
You are right. Welfare systems like food stamps have a greater than 1:1 return because the money is fully injected back into the system. The less money folks at the lower end of the income range have to spend, the slower our economic gains would be. In fact, cutting taxes at the top tends to have a negative multiplier. Money does not go back directly into the economy and stimulate jobs, despite what those who propagate the "trickle down" theory actually say.
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Old 04-27-2013, 09:49 PM
 
12,578 posts, read 13,256,462 times
Reputation: 8896
Quote:
Originally Posted by wheelsup View Post
You are right. Welfare systems like food stamps have a greater than 1:1 return because the money is fully injected back into the system. The less money folks at the lower end of the income range have to spend, the slower our economic gains would be. In fact, cutting taxes at the top tends to have a negative multiplier. Money does not go back directly into the economy and stimulate jobs, despite what those who propagate the "trickle down" theory actually say.
I agree, and in my observations companies needing to expand/hire do so regardless of the tax rate. This causes me to be suspicious of the whiners in the sense the reason they advocate tax cuts is to pocket more money. No company with a cell for a brain is going to hire anyone if the demand is not there.
This is a big problem with the 15% investment tax, while it was meant to encourage investing the end result has been money being made on investments and not going into the economy.
Regardless what the 2% say the economy depends on the actions of the other 98%

Last edited by WFW&P; 04-27-2013 at 09:58 PM..
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Old 04-27-2013, 10:17 PM
 
4 posts, read 6,929 times
Reputation: 11
Quote:
Originally Posted by WFW&P View Post
The rate is over 50% now? Your own math disputes that.
Understand by taxing the poor means they will spend less money by going without out or digging deeper for bargains which, means less tax revenue. Furthermore, the wealthy will be putting more in their pockets due to reduced income & corporate taxes because 6.5% on $100 worth of groceries or clothes is the same no matter how you shake it out. The only time the wealthy will contribute more is when purchasing large ticket luxury items.
If 43% are working then 57% aren't working.

Lets be honest, I think you can pay 2% more in sales tax to get rid of the income tax completely don't you!

How about you pay 2% more and let NC grow for once. Stop being a taker!
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