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Did you bother to read the cite. Somehow I doubt it. This thread is about taxes on the very wealthy and the correlation to the disparity in wealth. I don't believe I have ever seen a tax bill that would exclude "Hollywood" or sports figures. This is absurd and an attempted thread hijack.
This thread is the same old class envy crap liberals post over and over.
We try to explain why you're wrong, but you don't listen.
Taking from the wealthy to give to government just increases corruption and dependency.
Blue collar jobs have left the US because government taxes international corporations to the point they have no choice but to go elsewhere. And since liberals despise corporations, it doesn't matter that our anti-business taxes and regulations drive jobs overseas. It also doesn't matter that pro-business policies could be enacted today and immediately begin to restore our manufacturing base because leftists want to punish corporations. OK, you win! Congratulations, you made all the jobs go away.
This thread is the same old class envy crap liberals post over and over.
We try to explain why you're wrong, but you don't listen.
Taking from the wealthy to give to government just increases corruption and dependency.
Blue collar jobs have left the US because government taxes international corporations to the point they have no choice but to go elsewhere. And since liberals despise corporations, it doesn't matter that our anti-business taxes and regulations drive jobs overseas. It also doesn't matter that pro-business policies could be enacted today and immediately begin to restore our manufacturing base because leftists want to punish corporations. OK, you win! Congratulations, you made all the jobs go away.
FYI. This thread is not about corporations. It is about the disparity of income of individuals and not corporations.
If they did fall within the extremely wealthy club. i.e. Oprah, should be taxed the same. You have people like the walton children...4 in the top 10 wealthiest in the U.S. who diddly to get their mega billions.
Well, they did win the birth lottery, didn't they?
This thread is the same old class envy crap liberals post over and over.
We try to explain why you're wrong, but you don't listen.
Taking from the wealthy to give to government just increases corruption and dependency.
Blue collar jobs have left the US because government taxes international corporations to the point they have no choice but to go elsewhere. And since liberals despise corporations, it doesn't matter that our anti-business taxes and regulations drive jobs overseas. It also doesn't matter that pro-business policies could be enacted today and immediately begin to restore our manufacturing base because leftists want to punish corporations. OK, you win! Congratulations, you made all the jobs go away.
It's not only a matter of corporate tax rate. A lot of Fortune 500 companies are able to reduce their effective tax rate to peanuts because of loopholes in the tax code.
Blue collar jobs also left because of unions, globalization and free trade, which, together, essentially made it cheaper for most companies to manufacture their products elsewhere. It also does not help that the main manufacturing country (for American consumption), China, is playing with its currency to keep the advantage. Nevertheless, inflation and rising wages over there will catch up with them and soon jobs could come back to America naturally. China will not be able to manipulate its currency for much longer anyway.
Also, it does not help that American companies, on average, spent MORE than foreign companies on Capital goods (ie. machinery, which, in most cases, is used to replace human labor). America still has the biggest manufacturing output in the World, in absolute dollar value. However, its manufacturing is increasingly becoming less labor-intensive.
This thread is the same old class envy crap liberals post over and over.
We try to explain why you're wrong, but you don't listen.
Taking from the wealthy to give to government just increases corruption and dependency.
Blue collar jobs have left the US because government taxes international corporations to the point they have no choice but to go elsewhere. And since liberals despise corporations, it doesn't matter that our anti-business taxes and regulations drive jobs overseas. It also doesn't matter that pro-business policies could be enacted today and immediately begin to restore our manufacturing base because leftists want to punish corporations. OK, you win! Congratulations, you made all the jobs go away.
This is largely GOP piffle. What has happened in the last 50 years is capitalism has been doing what it is supposed to do. That is concentrate capital in fewer hands and doing things with the least capital and effort. This is called economic optimization and the American Business Machine is a job destroying one. In its hayday in the 1960s the American Auto Industry employed more than 3 million workers today it has fewer than 300,000 but it actually makes and sells more cars and trucks! How is this possible? Well you don't need a man to put in a fastner or press a button on a die stamping machine. In fact you don't need him to do a weld or judge whether a metal surface has been milled enough. All these are under the control of robots and computers. A modern American factory is remarkable for its lack of humanity and this is how we compete with China. The only thing cheaper than a Chinese worker is a virtual American worker or an avatar in the form of a computer that needs no wages or health benfits and doesn't try to form a union. So technology is why most of the 3 million men and women who used to be UAW members are no longer UAW members. Technology is even reaching into the white collar world, where there were once vast rooms full of typists, the armies of secretaries and filing clerks, the rooms full of telephone operators, the rooms of skilled draftsmen working on blueprints. This is all gone and along with it thousands of jobs that paid enough for an Ozzie and Harriet life in a modest suburb where there were a car in the driveway 2 kids a dog and a cat. So these people join the ranks of the American surplus labor force. Now we kept the surplus labor pool relatively small by creating service jobs, creating thpusands of fast food joints, locking up a lot of people in prisons to the point we have more people in jail than the Chinese, We have made healthcare our growth industry. We even created one or two new industries like cable TV and the Internet. But in 2011 we now have a Micky Ds on nearly every corner and we have cable even in zombie town and just how many dog walkers, plumber and carpenters do we need? So the unemployment is long lasting and no amount of schooling may lead to a job in the future. So there are now nearly 20 million Americans sitting on there butts unemployed and millions more may join them as America follows its capitalist ideal into the abyss. Now if you want to learn more read the economic writings of a not so unkown economist and political scholar who did most of his work 150 years ago in the British Imperial Library.
We have nothing to lose but our chains of ignorance.
Inflation is the elite's preferred tax for us. The wealth gap is widening thanks to inflation of a fiat currency, the insane money printing that the Fed is involved in, and the bipartisan offshoring of our jobs. That's right. BIPARTISAN
That is RIGHT! What they left out of that article is that inflation is REDICULOUS and except for the top one percent who have plenty of money to pay $50 for a loaf of bread, the rest of us have to spend more of our disposable income just for FOOD.
What causes inflation? The expansion of the money supply -- that being BIG GOVERNMENT spending out of control and THE FEDERAL RESERVE printing the money to accommodate the government. If that isn't bad enough, other beneficiaries include individuals-- probably already in the top 1 percent have gotten millions from the Federal Reserve and gone out and bought huge mansions with the money! They get our money while it still has purchasing power. WE ALL GET TO PAY for the generosity of the FED Chairman by having to pay five times what we used to just for basics because by the time the money filters down to us, prices of food have risen even more. While we don't have $50 a loaf bread yet and hopefully we can avert that, I've seen it as high at $8.
We need to file a class action lawsuit against these criminals that have been getting away with stealing from us for WAY TOO LONG and take our FREE COUNTRY BACK!
Your the one who is wrong the United States has a finite area, finite resources and a countable number of people, the only thing we have that is unbounded is we can create as much debt as we want. Now we can create people like Bill Gates but he is maybe one in a million or maybe one in 300 million. You are free to make as much as he but the odds are infintessimal in practice. We could put all the people who made fortunes in the dot coms or silicon valley in a single super jumbo jet like the A380. It is that small. The vast majority of 330 million Americans are the losers in our modern economy. Yet will still buy that Horatio Alger crap that any one by luck and pluck can pull himself by his boot straps and join the Saville Row crowd.
I disagree. I never said it was easy to become the next Bill Gates or that many people will attain that level of financial status. Bill Gates is not the standard that I use.
Millions of Americans have started from nothing and made a quite comfortable life for them selves. I happens over and over and over again.
You don't have to be a Bill Gates or a Michael Dell to be financially successful. I have first hand experience and know many friends who have followed this path.
That the illusion that many have that they may be billionaires is just that an illusion. Don't crush the middle class based on your belief that you will somehow become a billionaire one day if the system does not change.
Just play the lottery. Your odds are better.
I don't believe I will become a billionaire, nor do I want to. I'm quite comfortable where I am.
But my financial success is not impacted by the success of billionaires.
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Well you don't need a man to put in a fastner or press a button on a die stamping machine. In fact you don't need him to do a weld or judge whether a metal surface has been milled enough. All these are under the control of robots and computers. A modern American factory is remarkable for its lack of humanity and this is how we compete with China. The only thing cheaper than a Chinese worker is a virtual American worker or an avatar in the form of a computer that needs no wages or health benfits and doesn't try to form a union. So technology is why most of the 3 million men and women who used to be UAW members are no longer UAW members. Technology is even reaching into the white collar world, where there were once vast rooms full of typists, the armies of secretaries and filing clerks, the rooms full of telephone operators, the rooms of skilled draftsmen working on blueprints. This is all gone and along with it thousands of jobs that paid enough for an Ozzie and Harriet life in a modest suburb where there were a car in the driveway 2 kids a dog and a cat. So these people join the ranks of the American surplus labor force. Now we kept the surplus labor pool relatively small by creating service jobs, creating thpusands of fast food joints, locking up a lot of people in prisons to the point we have more people in jail than the Chinese, We have made healthcare our growth industry. We even created one or two new industries like cable TV and the Internet. But in 2011 we now have a Micky Ds on nearly every corner and we have cable even in zombie town and just how many dog walkers, plumber and carpenters do we need? So the unemployment is long lasting and no amount of schooling may lead to a job in the future. So there are now nearly 20 million Americans sitting on there butts unemployed and millions more may join them as America follows its capitalist ideal into the abyss. Now if you want to learn more read the economic writings of a not so unkown economist and political scholar who did most of his work 150 years ago in the British Imperial Library.
