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and that is exactly what we need to deal with this deficit and have a fair tax code. I see no reason why the budget should be balenced on people who work for their money.
What a pathetic, emotional, knee-jerk excuse of a post. The more you do to deter investment, i.e. RISK-taking, the less jobs there will be.
Add "economically illiterate" to the list, as well. If an employer wishes to keep employees, he/she must generally offer competitive wages. In a market economy, if an employer refuses to raise wages, even as tax and health care costs on employees rise, employees will look elsewhere.
lol, 26 million people who lost their jobs, now looking for a job of equal or better pay sounds like the makings of a competitive economy to me. It is now an employers market dimwit, meaning there are more people looking for jobs than there are good jobs. When that happens, employers don't have to pay higher salaries because there is always someone else who will work for a little less. And Obamacare! They will hire as few full timers as they can. But feel free to look elsewhere... have fun
Quote:
Originally Posted by cometclear
If you lived in a state in which the tax burden for the masses was dramatically lowered, you would find wages stagnate. I you were in a state in which the tax burden on individuals was dramatically increased, you would find wages start to increase to keep pace.
The legitimatge needs of the state amount to about 30% of what is actually spent. The rest is just playing favorites in exchange for votes, and leftist attemps at social engineering - both illlegitimate.
Please list the "legitimate" areas/programs of the federal government.
BTW, does using the tax code to give preferences to married couples amount to "social engineering?"
The legitimatge needs of the state amount to about 30% of what is actually spent. The rest is just playing favorites in exchange for votes, and leftist attemps at social engineering - both illlegitimate.
Not really debt service and military spending are way more then 50% of the budget. In fact, most of the "liberal" part of the budget is 15% or less.
What a pathetic, emotional, knee-jerk excuse of a post. The more you do to deter investment, i.e. RISK-taking, the less jobs there will be.
That has not been proven ever...that there is a relationship between growth and investment income tax rates. In fact, very good economists have basically found that rather then encouraging growth all it does is encourage excess money to be used for dividends and stock buybacks rather then investment in expansion.
LOL. So it doesn't matter what any of the of the other taxes? You aren't thinking this through. How can you make any sort of assessment if anyone's taxes are too high by just looking at income taxes?
That's the case at the bar right now. We'll talk about your trifle-of-an-issue in some other thread.
lol, 26 million people who lost their jobs sounds like the makings of a competitive economy to me. It is now an employers market dimwit, meaning there are more people looking for jobs than there are good jobs. When that happens, employers don't have to pay higher salaries because there is always someone else who will work for a little less. And Obamacare! They will hire as few full timers as they can. But feel free to look elsewhere... have fun
Of course in a recession or depression employers are not generally raising wages. In a normal economy, of course wages tend to react to tax increases.
The whole issue of not hiring full-timers started long before Obama took office. It has most to do with spiraling health care costs, due in large part to the most inefficient bureaucracy on Earth, the private health insurance industry, which operates at 30-40% overhead. Medicare, by contrast, operates at something like 3%. Can you tell me why we need private health insurance companies, other than to dissuade businesses from hiring full-time workers?
Of course in a recession or depression employers are not generally raising wages. In a normal economy, of course wages tend to react to tax increases.
The whole issue of not hiring full-timers started long before Obama took office. It has most to do with spiraling health care costs, due in large part to the most inefficient bureaucracy on Earth, the private health insurance industry, which operates at 30-40% overhead. Medicare, by contrast, operates at something like 3%. Can you tell me why we need private health insurance companies, other than to dissuade businesses from hiring full-time workers?
But now part time is capped at under 30 hours rather than under 40 hours.
Every advanced economy on earth uses a sort of preferential tax treatment for income devired from risk-taking, i.e. Investment.
I think all those learned people who created, and support such treament are a bit better at juding than some bunch of jealousy-driven, shallow-thinking, idiot liberal fools.
Of course in a recession or depression employers are not generally raising wages. In a normal economy, of course wages tend to react to tax increases.
Ok, so I am still waiting to hear your theory on how raising taxes helps increase wages?
And you think if Obama gets his way and raises taxes that you businesses will give employees a raise? And HappyTexan is right.. due to Obamacare companies are not only freezing wages, laying off workers, they are also capping hours.
We got all kinds of good stuff from putting Obama back in office.
More lay-offs
Freeze wages
Capping employee work hours
Printing more money
Devaluing the value of the money you do earn (now buys less stuff)
Higher gas prices
Poorer healthcare
Higher number of people on welfare
All kind of goodies lol.
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