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Old 04-16-2014, 06:55 AM
 
41,111 posts, read 25,618,642 times
Reputation: 13868

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You claimed I was wrong. What part is wrong. If you refuse to answer I will not respond to you any longer. I'm not into responding to attacks.

Quote:
Originally Posted by petch751 View Post
lol mlassoff, is that how you read the post. Hilarious. Of course business owners don't say I have cash to spend I'll create jobs.

Business owners think... I want to make more money and since there is a demand for my product I am willing to risk my money (invest) to hopefully grow my business. They invest hoping to make more money which typically results in creating jobs. Being that Obama's economy is so pi** poor and the cost of doing business increased they are not investing their money.

Anyway why should they. Liberals made wanting to make more money a no-no. Business owners take the risk because "they want to make more money" but government keeps taking more and more. Where is the incentive? Don't you work extra hours because you want to make more money?

Remember, when you cheered as Obama said raise taxes, you were biting your own asses. You see, liberal morons didn't understand that taxes are an expense. If taxes or other expenses increase and the economy does not support raising prices business will compensate by cutting costs elsewhere. The first place they look is employment. As they lay people off or cut hours. Obamacare is also another expense. We don't have a strong economy to support higher taxes and added costs of Obamacare.
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Old 04-16-2014, 06:59 AM
 
22,768 posts, read 30,642,821 times
Reputation: 14737
Quote:
Originally Posted by petch751 View Post
You claimed I was wrong. What part is wrong. If you refuse to answer I will not respond any longer.
I don't recall stating so explicitly, but if it helps move us forward, I will clarify: I think nearly everything you say is wrong.


Now about that evidence.. evidence that conservative policies have led to large-scale net job creation...
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Old 04-16-2014, 07:02 AM
 
41,111 posts, read 25,618,642 times
Reputation: 13868
Quote:
Originally Posted by le roi View Post
I think nearly everything you say is wrong, petch. I don't recall stating so explicitly, but if it helps move us forward, there: I said it.


Now about that evidence.. evidence that conservative policies have led to large-scale net job creation...
And again you state I am wrong but refuse to tell me what you believe. If you believe I am wrong tell me what you think is wrong and your take on how and why jobs are created??


Quote:
Business owners think... I want to make more money and since there is a demand for my product I am willing to risk my money (invest) to hopefully grow my business. They invest hoping to make more money which typically results in creating jobs. Being that Obama's economy is so pi** poor and the cost of doing business increased they are not investing their money.

Anyway why should they. Liberals made wanting to make more money a no-no. Business owners take the risk because "they want to make more money" but government keeps taking more and more. Where is the incentive? Don't you work extra hours because you want to make more money?

Remember, when you cheered as Obama said raise taxes, you were biting your own asses. You see, liberal morons didn't understand that taxes are an expense. If taxes or other expenses increase and the economy does not support raising prices business will compensate by cutting costs elsewhere. The first place they look is employment. As they lay people off or cut hours. Obamacare is also another expense. We don't have a strong economy to support higher taxes and added costs of Obamacare.
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Old 04-16-2014, 07:05 AM
 
22,768 posts, read 30,642,821 times
Reputation: 14737
Quote:
Originally Posted by petch751 View Post
If you believe I am wrong tell me what you think is wrong and your take.
I think that there is no evidence that having a lower capital gains tax rate leads to job creation.

I think that the obvious way to incentivize job-creation in the tax code would be to eliminate the payroll tax, but that Republicans don't support that, because they care more about the interests of the wealthy and their capital gains.

I also think you might be innumerate, and therefore incapable of providing the evidence I'm asking for.
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Old 04-16-2014, 07:09 AM
 
79,907 posts, read 43,965,537 times
Reputation: 17189
Quote:
Originally Posted by nononsenseguy View Post
What the liberals fail to understand is that those capital gains taxes siphon off much of what would be used for business expansion (which creates jobs). They just do not understand basic principles of economics.
A vast generalization and vast generalizations are never good arguments. Capital gains are also reinvested in commodities raising the price of those commodities which gives people less to spend which costs us jobs.

All income should be taxed exactly the same way. Income is income.
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Old 04-16-2014, 07:14 AM
 
41,111 posts, read 25,618,642 times
Reputation: 13868
Quote:
Originally Posted by le roi View Post
I think that there is no evidence that having a lower capital gains tax rate leads to job creation.

I think that the obvious way to incentivize job-creation in the tax code would be to eliminate the payroll tax, but that Republicans don't support that, because they care more about the interests of the wealthy and their capital gains.
Payroll taxes are taxes that employers are required to pay when they pay their staff salaries. Payroll Taxes fall into 2 categories:

Tax Paid from an employee’s wages:
The first kind are taxes that employers are required to withhold from employees' wages, also known as withholding tax, pay-as-you-earn tax covering advance payment of income tax, SS, UE and disability.

Employee Match:
Taxes paid by the employer usually cover the employer's funding of the social security system, and other insurance programs.

So payroll tax is basically a tax paid to the government for insurance for the employee ... SS, UE, Disability. How is that in interest of the wealthy?
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Old 04-16-2014, 07:17 AM
 
8,061 posts, read 4,862,775 times
Reputation: 2460
Default The problem

Quote:
Originally Posted by greywar View Post
A lot of folks here are all about "if we cut off unemployment those people will actually go find work". They have a mistaken belief that the reason our unemployment is what it is is because of unemployment being available. This of course is insane to anyone who spends some time thinking instead of repeating slogans they hear on the radio.

So 538's got a early look at the data (and to be fair they say its too early to be completely conclusive, but its VERY consistent with other research on the topic):
Losing Benefits Isn’t Prodding Unemployed Back to Work | FiveThirtyEight

This of course shouldn't be a surprise, unemployed people do not spontaneously create jobs just because they want one. Many here have pointed at a earlier experiment where a state stopped their unemployment as a great success, and their resulting unemployment rate went down-ignoring the reality that the total employed in the state didn't change.
I read his post and had to think about the content. Unemployment and Food Stamps are good programs is the safety net for Americans. The problem lies which both parties can agree on is the miss use of these programs. EBT Cards are missed used from buying Porn to WDW Vacations.

The other problem, the real problem. Obama has created a part time economy and as posted earlier many company's are 32 hours per week. All because of the aggressive tax polices of the President and the Infamous "Obama Care" .
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Old 04-16-2014, 07:17 AM
 
140 posts, read 253,739 times
Reputation: 511
Quote:
Originally Posted by greywar View Post
This of course shouldn't be a surprise, unemployed people do not spontaneously create jobs just because they want one. Many here have pointed at a earlier experiment where a state stopped their unemployment as a great success, and their resulting unemployment rate went down-ignoring the reality that the total employed in the state didn't change.
This is most definitely about North Carolina. Gov McCrory claimed he is responsible for creating jobs and getting people back to work because he lowered the amount and weeks paid of unemployment benefits, and also thereby lost EUC benefits for the entire state. So of course, there is no accurate accounting for who is really still unemployed because most of the state lost their benefits, and many thousands of others just stopped looking for work and are no longer registered with NC Works. Oh, yes, dear governor, you did a bang up job here in North Carolina. Gee - I guess I should have voted for you. (NOT!)
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Old 04-16-2014, 07:18 AM
 
22,768 posts, read 30,642,821 times
Reputation: 14737
Quote:
Originally Posted by petch751 View Post
Payroll taxes are
i know what payroll taxes are

Quote:
So payroll tax is basically a tax paid to the government for insurance for the employee ... SS, UE, Disability. How is that in interest of the wealthy?
i didn't say payroll taxes were "in interest of the wealthy."

i said that low capital gains tax rates are in the interests of the wealthy, which is why the conservatives push for them. i said that eliminating the payroll tax would be a better tax-treatment if the goal was to facilitate job creation.
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Old 04-16-2014, 07:20 AM
 
41,111 posts, read 25,618,642 times
Reputation: 13868
Quote:
Originally Posted by le roi View Post
i know what payroll taxes are



i didn't say payroll taxes were "in interest of the wealthy."

i said that low capital gains tax rates are in the interests of the wealthy, which is why the conservatives push for them. i said that eliminating the payroll tax would be a better tax-treatment if the goal was to facilitate job creation.
Quote:
Originally Posted by le roi View Post

I think that the obvious way to incentivize job-creation in the tax code would be to eliminate the payroll tax, but that Republicans don't support that, because they care more about the interests of the wealthy and their capital gains.
^^^^^
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